Small Business Management 6th Edition by Timothy Hatten

Exercise 13

You are an investor in small businesses, and you have three business plans on your desk. Which of the following potential business owners do you think would be the best bet for an investment (if you could pick only one)?
a. A recent college grad, full of energy and ideas, but short on experience
b. A middle-management corporate refugee desiring a business of her own after experiencing frustration with bureaucratic red tape
c. A serial entrepreneur who has previously started seven businesses, three of which were huge successes and four of which failed, losing their entire investment