Asked by Mason Rogers on May 13, 2024
Verified
One advantage of owning resources during the startup is that it puts the entrepreneur in a better position to commit and de-commit quickly.
Owning Resources
Refers to having legal possession or control over resources such as property, intellectual property, or financial assets.
- Discuss the advantages and strategies around owning versus controlling resources in start-ups.
Verified Answer
NA
Nader AlkhateebMay 18, 2024
Final Answer :
False
Explanation :
Owning resources can actually make it harder for an entrepreneur to pivot or change direction quickly because they may be tied down by the investments in those resources.
Learning Objectives
- Discuss the advantages and strategies around owning versus controlling resources in start-ups.