Jim Poss Case, pages 107-120 in the text His Company, Seahorse Power Company, assignment help

Sep 5th, 2016
Anonymous
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Question description

Jim Poss Case, pages 107-120 in the text His Company, Seahorse Power Company, is an engineering startup specializing in environmentally friendly methods of power generation.

Poss had designed and done initial test marketing of a trash compactor, designed to reduce the frequency and energy expense of trash collection.  The case discusses the opportunity and the technology and poses the following questions:

1. Apply the Timmons entrepreneurship framework (entrepreneur-opportunity-resources) to analyze this case

2. Discuss Jim Poss' fundraising strategies.  What other options might be considered for raising the funds SPC needs?  Is this a good investment?

3. Discuss the growth strategy.  What additional market(s) should Poss pursue?


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(Top Tutor) Chaloz Ez
School: Cornell University
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1. Apply the Timmons entrepreneurship framework (entrepreneur-opportunity-resources) to
analyze this case
The Timmons Approach asserts that an ideal venture combines teams, resources, and
opportunities for better success. The three mentioned are the unique factors usable to an
entrepreneur and affirms that the company’s progress relies on the enterpriser’s capability to
balance these individual elements. In this case, the enterpriser looks for opportunities, and upon
getting them, molds the opportunities into a super-potential venture by directing a team and
collecting the necessary resources to begin a business which takes advantages of the discovered
opportunity.
Reflecting on Jim Poss’ Case, he conducted test marketing and searched for opportunities
in local resorts an...

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