5.15.12: Discussion Questions

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Why should the entrepreneurial team begin with the end in mind?

How can a Gantt chart help in the preparation for starting the new venture?

Why would an angel investor stress to the startup team the importance of not getting too attached to the venture?

Should employees who are not part of the startup team receive an equity position in the venture? What are the benefits and drawbacks that inform this decision?

What biases might an entrepreneur encounter in starting the venture?

What actions can the entrepreneur take to avoid these biases?

What can be done to avoid personnel problems that occur after the venture has opened?

How can brainstorming and creating a mindmap improve problem recognition and follow through actions?

What are three methods you could use to find support for your new venture?

10.

Why is it important to analyze and discuss decisions?

11.

Why is it important to feel comfortable with a decision?

12.

What are the benefits in becoming a mentor, consultant or champion?

13.

What are the risks or drawbacks in becoming a mentor, consultant or champion?

14.

How does a philanthropic desire align with entrepreneurship?

15.

What can you do to avoid the challenges presented through Gino and Staats’ research?

16.

What can you do to role model behavior that reflects your learning of the material in this chapter?