Entrepreneurship Essay Example | Topics and Well Written Essays - 1250 words - 2

Entrepreneurship - Essay ExamplePalmer is found to treat the people recruited as general partners who would help him to manage the funds. In case he would have treated his partners as limited, the total burden of fund management had fallen on him. Thus, he muckle be taken as an example of a true entrepreneur in promoting a good teamwork.The case study of Maclean Palmer can be regarded as an ideal model for pedigree entrepreneurship in the Venture Capital market. Maclean Palmer by paucity in the field of private equity investment is found successful in identifying a business opportunity and working out a plan to explore the opportunity cited. His decision to design the cc million US Dollars on Equity Investment came from his interest to work on the area of minority business development. To this end, Palmer is seen to invite suggestions from Wanda Felton of Credit Suisse First and David Mazza of Grove Street Advisors to gain business expertness. Palmer considers the combination of expertise of the scholar minds with his rich experience of the equity market as a successful option in business entrepreneurship. It is seen that most of the minority business managers recruited were from business schools like Wharton and Harvard. Moreover, with the recommendation of Felton senior business executives were similarly taken in. Felton in this context observes the marriage of the young and scholar minds with experienced people will sure enough pave the way to business success. Palmer is found to give more importance on his people quite than on the experience and qualification parameters. He is observed to give considerable stress to form an environment of spontaneous teamwork. In regards to the opportunity cited by Maclean Palmer, David Mazza of Grove Street Advisors states that the decision to move into non-traditional investment sources was a profitable business decision taken by Maclean Palmer. It is because as Mazza