An entrepreneur can make a number of choices regarding a successor. Using Table as a guide, discuss each of the choices.
Answer to relevant QuestionsWhat are the ten myths associated with entrepreneurship? Debunk each.Entrepreneurs have a tolerance for ambiguity, are calculated risk takers. And exude passion. What do these characteristics mean for any potential entrepreneur?What are the four causes of stress among entrepreneurs? How can an entrepreneur deal with each of them?What eight steps should be followed to harvest a business? Discuss each of these steps.1. Why is Pablo reluctant to turn over the reins to José? Include a discussion of Figure 15.1 in your answer.2. Cite and discuss two reasons that Pablo should begin thinking about succession planning.3. What would you ...
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