Writing a Critique to the Brad DeHaven's Aticle The Design of an Ideal Essay

Writing a Critique to the Brad DeHaven's Aticle The Design of an Ideal Business - Essay Example While the author has included all categories of people, he presupposes that everyone is computer literate and have access to internet. He also assumes that everyone possesses entrepreneurial qualities. ‘Offer items on high demand’ and ‘offer items that have repeat purchase’ seems to be a repetition because the items mentioned under high demand are repeat purchases. In fact consumables itself indicate repeat purchase hence they could fall under the same category. It is also not clear what requirements he refers to about the baby boomers? Is it in terms of real estate or consumables? Overall, the text is quite confusing especially when he is targeting the moms at home who have no prior business experience. The author’s points about a mentor is impressive and educative for a beginner and he has cited his own evidence in its support. While he has highlighted how technology has advanced and can help people live better lives he has not cautioned the readers about the pitfalls of internet based business. ‘Systems run the business and the people run the systems’ sounds very promising and interesting but the writer should have cited details of how network marketing functions. The last three points are highly motivating and can influence the reader but a closer scrutiny leaves a lot of questions unanswered. It does give an impression that internet can change lives but no success stories have been cited as reference. His idea of having a mentor is a good suggestion but he presumes that all people are unhappy with their work.

Case Analysis Study Example | Topics and Well Written Essays - 750 words - 8

Analysis - Case Study Example Consequently, the inventor of the business idea faces the challenge of losing full control in running the business. Nigel Galler, the founder and CEO of Movirtu Limited, faces the equal challenges in financing the expansion and development of the start-up business. One of the challenges that Movirtu Limited is facing in raising is convincing the impact investors the investment has a positive social impact on the targeted markets and is economically viable. The impact investors can only finance a business if it has the potential for empowering the impoverished communities while ensuring it is financially profitable (WDI 8). Accordingly, Movirtu Limited has to demonstrate to the impact investor namely the GreyGhostVentures (GGV) how the business will promote the welfare of the poor communities if the financing arrangement by the TLcom Capital is accepted. In addition, the business model employed in running the business by integrating TLcom Capital has to prove it is a viable business to attract the financial support from the impact investors. Another challenge that is been faced by Movirtu Limited in raising financial capital is convincing the venture capitalistic TLcom Capital on the potential of the business in generating profit in future under the social impact requirement of GGV. The financial support sustainability from the venture capitalists can only be sustained if they are convinced, the business idea will generate adequate revenue and grow in future (WDI 8). However, the target market for Movirtu Limited has high risk due to the purchasing power of the targeted consumers. In addition, the revenue margin that Movirtu Limited expects to receive from the actual price of the service compared to the financial resources consumed is considerably low. Thus, the ability of Movirtu Limited in winning the confidence of the venture capitalistic is relatively challenging. Moreover, the acceptance of venture capitalist in financing