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Wednesday, May 15, 2019

Case study for entrepreneurship and small business course - 1

For entrepreneurship and small business course - Case reckon ExampleAs an innovative entrepreneur, Dave invented the turning bucket that is a signature mark outside umteen KFC eating houses. Dave was also flexible and self-confident when he specialized in selling hamburger. He was committed with vehement drive to achieve when he went on to cleared hamburger restaurant despite opposition from nonrecreational bankers and financial advisers who told him, the market was saturated.He was good planner with organizational skills and strong management skills because how was able to open a chain of hamburgers. He responded to customers demand by offering better note viands products and expanding the menu to accommodate customers demand. He was willing to list to customers in order to respond to their necessarily (Zimmerer, Scarborough, & Wilson, 2008).Daves success with the first Wendy restaurant can be attri scarcelyed to the strong entrepreneurial skills and the ability to listen to customers demands and respond to them as quick as possible. Dave was very friendly entrepreneur who consulted bankers and other financial advisers for advice, but often made personal and independent decisions that contributed to the success of the restaurant.Another attribute that contributed to the success of the first restaurant was the specialization. Dave specialized to an area where he was most interested in hence improving quality of the food products. His invention as well provided him with free product hence saving the cost that could be employ to buy the rotating bucket sign. This was also attractive to customers who became loyal to the restaurant (Zimmerer, Scarborough, & Wilson, 2008).The statement means that an entrepreneur has to transform his targets and goals to align with the customers in order to keep their loyalty and meet their demand. Every entrepreneur has his goals for starting a business. He is, therefore, driven by commitment, independence and the abilit y to achieve the goals (Zimmerer,

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