{"id":32447,"date":"2024-09-12T15:57:13","date_gmt":"2024-09-12T15:57:13","guid":{"rendered":"https:\/\/www.writemyessays.app\/blog\/questions\/what-went-wrong-ch-2-why-a-company-that-solved-a-problem-with-a-great-product-went-out-of-business\/"},"modified":"2024-09-12T15:57:13","modified_gmt":"2024-09-12T15:57:13","slug":"what-went-wrong-ch-2-why-a-company-that-solved-a-problem-with-a-great-product-went-out-of-business","status":"publish","type":"questions","link":"https:\/\/www.writemyessays.app\/blog\/questions\/what-went-wrong-ch-2-why-a-company-that-solved-a-problem-with-a-great-product-went-out-of-business\/","title":{"rendered":"What Went Wrong? (CH 2) Why a Company that Solved a Problem With a Great Product Went Out of Business"},"content":{"rendered":"<div style=\"margin-left: 3px; font-size: 14px; cursor: auto; color: inherit;\"><\/div>\n<p><span style=\"font-size: 14px; cursor: auto; color: inherit;\"><\/p>\n<table style=\"line-height: 1.5em; cursor: auto; color: inherit;\">\n<tbody style=\"cursor: auto; color: inherit;\">\n<tr style=\"font-size: 1em; line-height: normal; cursor: auto; color: inherit;\">\n<td style=\"font-size: 10px; line-height: normal; cursor: auto; color: inherit;\">\n<header style=\"cursor: auto; color: inherit;\" data-chaucer-element-id=\"c216d676-ade1-4dae-9eab-f39374bd6472\">\n<h1 style=\"cursor: auto;\" data-uri=\"M02B_BARR9534_06_SE_C02.xhtml#P700101400100000000000000001A81F\" data-chaucer-element-id=\"9a3f5c77-63a1-4459-a814-d1a09748b909\">Questions for Critical Thinking<\/h1>\n<\/header>\n<ol style=\"cursor: auto; color: inherit;\" data-uri=\"M02B_BARR9534_06_SE_C02.xhtml#P700101400100000000000000001A820\" data-chaucer-element-id=\"c0dc67a6-49da-4f7f-9aaa-bc86db5687b6\">\n<li style=\"cursor: auto; color: inherit;\" data-uri=\"M02B_BARR9534_06_SE_C02.xhtml#P700101400100000000000000001A821\" data-chaucer-element-id=\"3918f241-fcab-42eb-a9af-fac8ff3cf72b\">\n<div style=\"cursor: auto; color: inherit;\" data-uri=\"M02B_BARR9534_06_SE_C02.xhtml#P7001014001000000000000000000D56\" data-chaucer-element-id=\"8d96cb65-f5ef-46cf-890d-653bdd99ba43\">\n<p style=\"cursor: auto; color: inherit;\" data-uri=\"M02B_BARR9534_06_SE_C02.xhtml#P700101400100000000000000001A822\" data-chaucer-element-id=\"34ec23a3-42d1-4c4b-bb9d-302044a529fe\">In the context of this&nbsp;chapter, make a list of three \u201ctakeaways\u201d from this feature that you can learn from and try to avoid if you set out to solve a problem by launching a business.<\/p>\n<\/div>\n<\/li>\n<li style=\"cursor: auto; color: inherit;\" data-uri=\"M02B_BARR9534_06_SE_C02.xhtml#P700101400100000000000000001A823\" data-chaucer-element-id=\"248fa0b6-d96e-44f2-a887-55e9282bb305\">\n<div style=\"cursor: auto; color: inherit;\" data-uri=\"M02B_BARR9534_06_SE_C02.xhtml#P7001014001000000000000000000D59\" data-chaucer-element-id=\"bc536fc8-cf09-4471-8945-2c91ad93417f\">\n<p style=\"cursor: auto; color: inherit;\" data-uri=\"M02B_BARR9534_06_SE_C02.xhtml#P700101400100000000000000001A824\" data-chaucer-element-id=\"56d3daea-160d-4d86-bf9c-db355212320d\">To what degree is there a difference between pursuing an opportunity to solve a problem and building a business? In what ways did Everpix fail to do both?<\/p>\n<\/div>\n<\/li>\n<li style=\"cursor: auto; color: inherit;\" data-uri=\"M02B_BARR9534_06_SE_C02.xhtml#P700101400100000000000000001A825\" data-chaucer-element-id=\"6aaf4fa4-3e99-4b60-8189-ec4ad710e8c1\">\n<div style=\"cursor: auto; color: inherit;\" data-uri=\"M02B_BARR9534_06_SE_C02.xhtml#P7001014001000000000000000000D5C\" data-chaucer-element-id=\"d0c710d5-7756-4953-bb80-2c8019cc1f48\">\n<p style=\"cursor: auto; color: inherit;\" data-uri=\"M02B_BARR9534_06_SE_C02.xhtml#P700101400100000000000000001A826\" data-chaucer-element-id=\"f32e5fa4-73d1-4181-bfff-a0b50ffcfe49\">According to the feature, Everpix spent almost nothing on advertising and promotions. How large of a role do you think that decision played in Everpix\u2019s failure?<\/p>\n<\/div>\n<\/li>\n<li style=\"cursor: auto; color: inherit;\" data-uri=\"M02B_BARR9534_06_SE_C02.xhtml#P700101400100000000000000001A827\" data-chaucer-element-id=\"e8cf4f0b-6de4-4306-8f4d-740ec840295f\">\n<div style=\"cursor: auto; color: inherit;\" data-uri=\"M02B_BARR9534_06_SE_C02.xhtml#P7001014001000000000000000000D5F\" data-chaucer-element-id=\"9ecffc3c-41ea-45c8-abde-02db79257a34\">\n<p style=\"cursor: auto; color: inherit;\" data-uri=\"M02B_BARR9534_06_SE_C02.xhtml#P700101400100000000000000001A828\" data-chaucer-element-id=\"b6f0a08a-89d5-4cb3-9fb6-5edf319bbdf0\">Venture capitalists are often accused of swinging for the fences\u2014in other words, they don\u2019t invest in firms that are hitting singles, doubles, or triples. They want home runs. In hindsight, do you think Everpix was building a business that had the potential to hit singles, doubles, or triples, or a business that had the potential to be a home run? Explain your answer.<\/p>\n<\/div>\n<\/li>\n<\/ol>\n<div style=\"cursor: auto; color: inherit;\" data-uri=\"M02B_BARR9534_06_SE_C02.xhtml#P700101400100000000000000001A829\" data-chaucer-element-id=\"6cde4d8b-6d10-4a5d-b92b-4cb69f735dc6\">\n<p style=\"cursor: auto; color: inherit;\" data-uri=\"M02B_BARR9534_06_SE_C02.xhtml#P700101400100000000000000001A82A\" data-chaucer-element-id=\"51c19bd2-71e5-404c-8a6a-9338fe2f5a52\">\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Questions for Critical Thinking In the context of this&nbsp;chapter, make a list of three \u201ctakeaways\u201d from this feature that you can learn from and try to avoid if you set out to solve a problem by launching a business. To what degree is there a difference between pursuing an opportunity to solve a problem and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":[],"disciplines":[82],"paper_types":[],"tagged":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions\/32447"}],"collection":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions"}],"about":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/types\/questions"}],"author":[{"embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/comments?post=32447"}],"version-history":[{"count":0,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions\/32447\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/media?parent=32447"}],"wp:term":[{"taxonomy":"disciplines","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/disciplines?post=32447"},{"taxonomy":"paper_types","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/paper_types?post=32447"},{"taxonomy":"tagged","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/tagged?post=32447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}