Please listen to/watch this podcast featuring Kevin Systrom as he reflects on Instagram’s launch and growth.
Part 1– Answer the following questions:
1) What do both Daymond John and Kevin Systrom believe is “what entrepreneurs do”? Here’s a link to the Daymond John video from the first night of class if you need to watch it again…
https://www.cnbc.com/video/2017/07/18/daymond-john-on-finding-the-entrepreneurs-of-tomorrow-at-tap-the-future.html
2) Based on what Kevin said about “the right time to start”-what would be the “right time” for you personally to start a venture? Why? Name 3 things you know you would need-but couldn’t have-and how you would improvise creatively to ensure that these needs didn’t hold you back. Additionally, what specific skills and what kind of network connections (not to people, to capabilities) do you think would be most important for you and why?
3) Answer, for yourself the 2 key questions Kevin says aspiring entrepreneurs must ask themselves. Meaning-what do you really want to solve. Provide documentation/evidence/sources that clearly demonstrate this is a problem –and that it’s big enough to justify solving. Not your solution-just the problem
4) Reflect on Kevin’s comments on Decision Analysis and expected value as it relates to an important upcoming decision about your life. Without anyone feeling they need to disclose information that’s sensitive or uncomfortable,
-Describe the decision
–Please “make the decision” in your post-that is-follow Kevin’s approach regarding expected value-use any supplemental sources-and then in this post, explain your decision making process and the conclusion you reach. How did this approach help, if at all, and why?
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