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UMUC BGMT335 week 1 activities

Learning Activity #1Not everyone has the right mindset to be a small business owner. There are several key characteristics common to small business owners, including the desire to succeed against…

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Learning Activity #1Not everyone has the right mindset to be a small business owner. There are several key characteristics common to small business owners, including the desire to succeed against any odds, a commitment to the concept versus personal achievement, and a relentless drive towards self-reliance.Contrast the typical corporate or “big company” mindset employees have to the small business mindset. Be specific and share at least one reference to support your comments.Be sure to respond to at least two other students. Use in-text citations and create a reference list.Learning Activity #2Small businesses fail at an alarming rate. Based on your reading of the required text this week and on your outside research present two key reasons that contribute to this high failure rate. Be sure to support your responses with solid evidence from the text and outside research.

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