Case Analysis: Tim Hayden's Last Vacation

Case Analysis: Tim Hayden's Last Vacation

People talk about the idea that the success of entrepreneurs depends on luck (Katz & Green, 2014). However, the success of entrepreneurship also requires good decision making.

Read the mini-case "Tim Hayden's Last Vacation" on page 153 of your course text. Consider what lessons the case offers and how you might apply them.

To complete this Assignment:

• Present your analysis of how Tim's personal life would change if he went into entrepreneurship full time. Assess the pros and cons of the changes you identify, and decide whether or not this would be a good idea for Tim.
• Provide your own self-assessment of the personal and professional considerations you think might be important if you were to contemplate a full-time entrepreneurial career. Your self-assessment could include personal factors such as income, savings, spending habits, school, and children.
• Propose possible ways you could address or mitigate the potential impact of these considerations so that you could pursue a full-time entrepreneurial career. Explain your rationale.

Assignment should be 2-3 pgs