GMS 200 Lecture Notes - Lecture 5: Sergey Brin, Bechtolsheim, Toms Shoes

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Sui Sui

Document Summary

Gms chapter 5: entrepreneurship and small business management. Hunger- created from an event in your life. Passion- follow your passion and the pension follows. Attitude not your aptitude that will determine your altitude. Risk-taking individuals who take actions to pursue opportunities and situations others may fail to recognize or may view as problems or threats. They are born- not made, gamblers, money is the key, have to be young, must have a degree in business. Founders, buyers of local franchise outlet, open retail-shop, self-employs service business. Are people who assume responsibility for introducing a new product or a change in operation sin an existing organization. It is a powerful force driving innovation, productivity, job creation economic growth and social stability. Google- began in 1996 as a research project by larry page and sergey brin. First funding for google was 1998 contribution of ,000 from and bechtolsheim. 1999 million funding was given to google including 2 venture capital firms.