The Roxanne Quimby Case Analysis - 1064 Words

Almost anyone can become an entrepreneur, although there is no one definitive profile. An entrepreneur can be a man or woman of any age or background. Some people are born with a natural entrepreneurial instinct, but entrepreneurship can be learnt, although it requires an apprenticeship to acquire differ in education and experience. Most successful entrepreneur share certain personal attributes including; creativity, dedication, determination, flexibility, leadership, passion, and self-confidence. On assessment of the Roxanne Quimby case study, it becomes clear that she possesses quite a number of these characteristics, as well as an obsession to pursue an opportunity. Money, image or appearance are not highly regarded by opportunity obsessed entrepreneurs, but watching trends and spotting patterns definitely are. Roxanne Quimby saw an opportunity to launch her all natural skin care company into market and immediately started acting upon this opportunity to create the best skin care company in the world. It’s an unusual concept but she saw the market for it. It was interesting to notice how Roxanne and the co-founder Burt Shavitz started the concept of natural skin care products just for the extra income and then went on to make it their core product of the company. This is a great example of an unpredictable market. Risk associated with a lifestyle business include limited growth and income potential, while high potential business that risk is greater. The rewards of aShow MoreRelatedBurts Bees Case Analysis1770 Words   |  8 PagesIntroduction Burt’s Bees case is a follow up for the case about Roxanne Quimby, an entrepreneur who started Burt’s Bees together with Burt Shavitz and managed to create a considerably big company almost from nothing. The objective of the first case was to make a suggestion whether the company should relocate its production from Maine to North Carolina and use its full potential, or stay in Maine and operate with limited growth potential. As the second case indicates, it is obvious that Quimby decided to expandRead MoreRoxanne Quimby and Burt’s Bees1888 Words   |  8 Pages2556 Buys, Johan 2049 8705 Kleynhans, Wessel 1251 7755 Schoeman, Willie 1032 6065 Van Wieringen, Anton 1231 8388 Wohlfahrt, Andre 2255 3533 Chicken Run Class Group Assignment Lecturer: Prof. S. van der Merwe Due Date: 30 July 2011 Roxanne Quimby amp; â€Å"Burt’s Bees† By Bezuidenhout, P.J. 1224 6093 Botha, Desere 2250 2556 Buys, Johan 2049 8705 Kleynhans, Wessel 1251 7755 Schoeman, Willie 1032 6065 Van Wieringen, Anton 1231 8388 Wohlfahrt, Andre 2255 3533 Read MoreBurts Bees Analysis Essay939 Words   |  4 PagesAnalysis of the Burt’s Bees Case Study Burt’s Bees is an interesting case, which discusses the success story of an all natural skin care company. It is an unusual concept but the founder Roxanne Quimby saw the market for such a product and immediately started acting upon this opportunity to create the best skin care company in the world. It was interesting to notice how Roxanne and the co-founder Burt Shovitz started the concept of natural skin care products just for the extra income and then wentRead MoreEntrepreneure5298 Words   |  22 PagesStrengths and Weaknesses 2 3. Product versus Service-Oriented Focus 2 4. Feasibility Analysis 2 5. Capital Funding 3 6. Conclusion 3 7. Introduction – Roxanne Quimby 4 8. Idea versus Opportunity 4 9. Burt’s Bees Success Story 4 10. Relocation to North Carolina: The best solution? 5 11. Conclusion 5 12. Introduction – Globant 6 13. Globant Challenge 6 14. Strengths Weaknesses 6 15. Industry Analysis 6 16. Competitors Analysis 7 17. Target Market 7 18. Globant Industry Segments 7 19. Conclusion 7 20. IntroductionRead MoreEntrepreneure5288 Words   |  22 PagesWeaknesses 2 3. Product versus Service-Oriented Focus 2 4. Feasibility Analysis 2 5. Capital Funding 3 6. Conclusion 3 7. Introduction – Roxanne Quimby 4 8. Idea versus Opportunity 4 9. Burt’s Bees Success Story 4 10. Relocation to North Carolina: The best solution? 5 11. Conclusion 5 12. Introduction – Globant 6 13. Globant Challenge 6 14. Strengths Weaknesses 6 15. Industry Analysis 6 16. Competitors Analysis 7 17. Target Market 7 18. Globant Industry Segments 7 19. Conclusion