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Instructions: Each student must interview an entrepreneur and write a summary of
Instructions: Each student must interview an entrepreneur and write a summary of what was learned. Prospective entrepreneurs must have been in business for at least one year. The following types of entrepreneurs/businesses are not allowed for interviews: Barbers/Hair Stylists/Mary Kay & Avon salespersons/Pampered Chef/Network marketing. Corporate-owned businesses are not eligible (e.g. Corner Market, Target, Best Buy, etc.) – please search for an independently-owned business. The interview summary should conclude with lessons that you learned from the entrepreneur and your own personal reflections from the interview. Points are deducted if the summary does not satisfy these requirements. Questions to ask entrepreneurs are located below. Where to find entrepreneurs to interview? Ask Family, friends, community leaders, professors, or your local business owners for help in finding a person to interview. Listed below are a set of questions that must be asked during the interview. You may ask the entrepreneur any additional questions to gain more insight about their entrepreneurial experience. Summarize the entrepreneur’s response to each question. Direct quotes may be used to add emphasis to key points. Students submit their Interview Summary through the Canvas Assignment link. The Interview Summary should be in paragraph form, 12 point, Cambria or Times New Roman font, double-spaced, 2 – 4 pages). Write the interview summary as though you are completing the history/biography of this entrepreneur. I will NOT accept interview summaries completed in question and answer form. Points are deducted for incomplete sentences/grammar/spelling errors. Summary Length: Good interview summaries typically range from 2 to 3 pages. Note: Maximum points given to students who correctly follow instructions and provide an insightful, thorough, well-written summary, with good reflections on what was learned from the interview. Where to find entrepreneurs to interview? Ask Family, friends, community leaders, professors, or your local business owners for help in finding a person to interview. Remember: Submit your interview by the due date listed above. _____________________________________________________________________________________ Entrepreneur Interview Base Questions (feel free to add more): 1. When did you start this business? 2. What motivated you to start your own business? 3. What was the source of your start-up funds? 4. Why did you choose this particular source of funds? 5. Did you have prior experience in this type of business? If so, how many years? 6. What are the most challenging aspects of having your own business? 7. How do you deal with those challenges? 8. What are the most rewarding aspects of having your own business? 9. What does your family think about you having your own business? 10. Would you like to see this business grow? If so, in what ways (employees, locations, etc.)? If not, why? 11. What do you think are the factors that contribute to your business being successful? 12. Are you satisfied with the current performance of your business? Why or Why not? 13. How did you recognize the opportunity for your business? Did you do any research on the market? competitors? industry? when starting your business or in the latter stages of business development? 14. What advice would you give an aspiring entrepreneur? FORMAT: Name of Student ______________________ Name of Entrepreneur ________________________ [Title of Business] [Paragraph #1 - Introduction to Entrepreneur – demographics, educational background, work history, business experience, name and location of business, etc.] [Paragraph #2 – How/why business was started, tell their story!] [Paragraph #3 – Answers to questions / Challenges] [Paragraph #4 – Answers to questions / Challenges] [Paragraph #5 – Answers to questions / Other Info] [Paragraph #6 – Future Plans for Growth / Opportunities] [Paragraph #7 – Lessons Learned by Entrepreneur] [Paragraph #8 – Personal Reflections and Lessons you Learned] Entrepreneur Interview Grading Criteria Category Points Possible Points Awarded Content: The interview covered all of the key questions asked of entrepreneur and provided a thorough, comprehensive, informative and insightful summary of the Entrepreneur and his/her business 30 Format: Students followed instructions exactly as specified; interview length, 10 spacing, and font type/size were completed correctly. Interview written in paragraph form Writing & Grammar: Proper grammar, spelling, sentence structure used by students with proper punctuation, tense, and voice. 10 Lessons Learned/Reflections: Student provided clear information about what they learned from conducting the interview and added reflections to show any new/changed perspectives on entrepreneurship from the interview 10 Total: 60

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