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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
Reflecting on Jim Poss’ Case, he conducted test marketing and searched for opportunities
in local resorts an...