Subject category:
Entrepreneurship
Published by:
Harvard Business Publishing
Version: 13 September 1988
Length: 30 pages
Data source: Field research
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Abstract
Steven Belkin, 26 years old and 2 1/2 years out of HBS, has decided to leave a group travel company he has run for the last year to start his own similar business. In the course of several months he has written a business plan, attracted several partners and employees, begun setting up the first tour they will offer, and approached venture capital firms and wealthy individuals to raise USD250,000 in equity. He has not yet succeeded in finding investors. At the same time he has gone into personal debt to cover expenses. Now he must reconsider his financing strategy.
Subject category:
Entrepreneurship
Published by:
Harvard Business Publishing
Version: 14 December 1982
Length: 10 pages
Subject category:
Entrepreneurship
Published by:
Harvard Business Publishing
Length: 8 pages
About
Abstract
Steven Belkin, 26 years old and 2 1/2 years out of HBS, has decided to leave a group travel company he has run for the last year to start his own similar business. In the course of several months he has written a business plan, attracted several partners and employees, begun setting up the first tour they will offer, and approached venture capital firms and wealthy individuals to raise USD250,000 in equity. He has not yet succeeded in finding investors. At the same time he has gone into personal debt to cover expenses. Now he must reconsider his financing strategy.
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Subject category:
Entrepreneurship
Published by:
Harvard Business Publishing
Version: 14 December 1982
Length: 10 pages
Subject category:
Entrepreneurship
Published by:
Harvard Business Publishing
Length: 8 pages