Opportunities

Course Home Page toc =**Learning objectives for students:**= =Topics= = Graded Assignments In Short =
 * After reading the text below and referenced links, students will be able to:**
 * 1) ** Provide at least two different definitions of entrepreneurial opportunities and be able to explain how they differ **
 * 2) ** Differentiate between the different "schools of thought" on how entrepreneurs recognize opportunities ("schools" listed below) **
 * 3) ** Understand and explain the roles of uncertainty, resource constraints, environmental context, and the entrepreneur in opportunity recognition processes **
 * 1) Entrepreneurial opportunities (text overview)
 * 2) Attributes of opportunities (Quiz = 5 points)
 * 3) Opportunity register (write a register = 10 points)
 * 4) Webvan collapse - Opportunity evaluation and exploitation (Read and respond = 5 points)
 * 5) Robert Reiss - opportunity exploitation for a product not a company (Read and respond = 5 points)
 * 6) Proof Eyewear - opportunity and investment evaluation (Read, view, and respond = 5 points)
 * 1) Complete This quiz on entrepreneurs and opportunities in a google form
 * 2) Write an opportunity register
 * 3) Complete Webvan Collapse Case Questions
 * 4) Complete Robert Reiss Case DIscussion Questions
 * 5) Complete Proof Eyewear Discussion Questions

2. Attributes of Opportunities
View this google presentation and answer questions for a quiz = **5 points**

Complete: Quiz
This quiz on entrepreneurs and opportunities in a google form

Write an opportunity register
The opportunity register is like an inventory of potential opportunities and insights. It's a list of your ideas for improving, or even completely reinventing, your current business model, or for going into entirely new opportunity spaces. It is meant to be a work in progress, one that you constantly add to and renew. The concept was borrowed from a successful entrepreneur, whose philosophy is that anyone who can access a full inventory of possible opportunities is unlikely to run out of good ideas.

(click on link for instructions on content and formatting) = **10 points**

Read and Complete: Discussion Questions
Opportunity evaluation and exploitation (Read and respond = **5 points**). Visit Webvan Collapse for instructions and submitting assignment.

5. Robert Reiss
Opportunity exploitation for a //product// not a //company// (Read and respond = **5 points**)

Read: R&R Case
Read the R&R case --> Robert Reiss and answer the questions below

Complete: Discussion Questions
After reading the case consider the discussion questions below, then submit your answer through this form: Robert Reiss Case DIscussion Questions

** Questions for discussion: **
 * 1) Was Reiss successful? (Hint: prepare an income statement for R&R)
 * 2) How much capital does Reiss risk to pursue the opportunity? (Calculate how much money it takes to make the opportunity happen and how much Reiss invests)
 * 3) Why does Reiss risk so little capital? (Look at who pays the costs)
 * 4) Would this approach have worked for other entrepreneurs? (Compare what Reiss did to what other entrepreneurs or established companies might have done to pursue the same opportunity

6. Proof Eyewear
Opportunity and investment evaluation (View, read and respond = **5 points**)

View:Shark Tank Video on Blackboard
The Shark Tank video of Proof Eyewear's presentation (**full video available ONLY on the Blackboard Course Home Page**)

Read and Complete: Discussion Questions
Proof Eyewear Discussion Questions