Entrepreneurship Week 1 DQ 2- Posted by Ashlie Rodrigues
Takahiko Naraki a young businessman in Asia owning Yuugen Gaisha known as BIP his first venture started in 97 failed together to close BIP. He re-established BIP in 2001 with a new venture which deals with computer software models to get customer's romance management. He also continue to be work in a catalogue sales business which helps you to support his daily demands as well as purchase his organization. In order to lower cost also to be self-employed BIP was obviously a one person show. The task pressure in the end affected his health. Today he is with the junction where he is very close to reach his goal to success as well his wellness is going down hill. He has to decide if they can reach his goal devoid of affecting his health.
1 . Comprehend the situation Situation: Info Collection, Identify Relevant Information
Takahiko Naraki a young businessman in The japanese owning Yuugen Gaisha (a minimum 3 million yen capital expenditure business) named BIP his first enterprise on offering education started in 1997 failed and had to shut BIP. He re-established BIP in 2001 with a new venture. He today deals with Web-based business model which provides customer relation management solutions. He functions in a catalog sales business which compensates him ВҐ300, 000 monthly. He spends the money continued to be after household expenses on his venture. Naraki travels via Nagoya to Tokyo in business seven to ten times per week. This expenditure comes up to ВҐ30, 000. He produced strategic collaboration with Affiliate Company pertaining to NGX and E. By. NetCom for Super X. His collaboration with Internet marketer provided him with a solid customer base of approximately 50 companies generating revenue to Affiliate of ВҐ 480, 000 to ВҐ 880, 000 yet BIP received only 25% of this. " & Frein, (2004).
two: Defining the Problem
The main issue lies in Naraki's business structure. He must address to issues with respect to personal time managing, business expansion and loans. He...
References: Inch, M. and Morse E., (2004), вЂTakahiko Naraki, the three mil yen entrepreneur', Ivey Supervision Services, Version(A)2004-09-15.
Timmons T. A., and Spinelli S. Jr., (2009), New endeavor creation: Entrepreneurship for the 21st century, eighth edition, Mc Graw-Hill Publication.