This course project includes interviewing an entrepreneur. Parts 1 and 2 require using the same interview. You may also use the same entrepreneur for Part 3 of this assignment.Part 1: Entrepreneur Interview Paper.equella.ecollege.com/file/e98b4673-af13-4e03-86ae-fe49cb61235a/1/SBE310_CH_CourseProject.html#top”>Back to TopLocate a local entrepreneur to interview and write a reflection paper on your chosen person. You are required to submit a one-page biography of your entrepreneur in Week 3 that is worth 20 points. It is important: Be sure to start this assignment as soon as possible to insure that you find a suitable entrepreneur.The purpose of this paper is to interview a local entrepreneur in order to develop insights into the world of entrepreneurship. At the end of the process, you will need to take the information and reflect upon the challenges and the rewards of being an entrepreneur.What type of person becomes this type of risk taker?What challenges did he or she face and overcome?What failures did this person have?How many companies has he or she started?How successful is he or she?Why is this person successful?Why did he or she become an entrepreneur?What is this person’s measure of success?What did you learn about entrepreneurship from this interview?This paper should focus on these types of questions but should not be limited to just the ones listed above. Get creative and get into the idea that you need to learn from this person so that you can better understand the challenges this business choice offers.GuidelinesThe biography paper must be no more than one page; you will turn this into the dropbox at the end of Week 3.You must follow APA formatting guidelines.Although this is not a scientific-type writing assignment and is mostly creative in nature, references are still very important. You must reference your interviewee. Be sure to look up how to cite an interview in APA style.All DeVry University policies are in effect, including the plagiarism policy.Any questions about this paper may be discussed in the weekly Q & A discussion topic.MilestonesDuring Weeks 1 through 3, select a person and conduct an interview. Decide who you are going to interview for the project, make arrangements for the interview, and conduct the interview.In Week 3, submit an entrepreneur biography. In Week 3, you are required to submit a one-page biography in the dropbox.Frequently Asked QuestionsI do not know anyone who is an entrepreneur or owns a small business. What do I do?Find someone who owns a business (or who has owned a business in the past) in any industry, anywhere. You may have to get on the phone and make some calls. Tell him or her you are a college student and need approximately 30 minutes of his or her time. People are almost always happy to help a student. Have a backup in case your first choice for an interview has a conflict at the last minute. Conflicts and conciliation can happen, so it is best to be prepared.Do I have to do an interview?Yes, a personal or phone interview with another person is required. Full contact information for the source should be provided in your paper for verification purposes.I do this work for my company, can I just talk about my experience?No, see question 2 above.How do I cite a personal interview as a source reference?See the APA Tutorial in the course Syllabus.Grading Rubric:CategoryPoints%DescriptionBackground Information1050%Ensure that you have a complete background of your entrepreneur. Key elements include company name, start date of company, key historic moments in company, and basic information on entrepreneur.Grammar and Spelling525%Insure your paper is well written. Grammar, spelling, and punctuation should be correct.Organization and Cohesiveness525%The paper is organized, and it tells the story of the entrepreneur. Writing is at the college level.Total20100A quality paper will meet or exceed all of the above requirements.Part 2: Entrepreneur Reflection Paper.equella.ecollege.com/file/e98b4673-af13-4e03-86ae-fe49cb61235a/1/SBE310_CH_CourseProject.html#top”>Back to TopExpand upon the entrepreneur interview, and write a reflection paper on your chosen person. The entrepreneur reflection paper is worth 150 points and is due in Week 5. The purpose of this paper is to take the information from the interview and reflect upon the challenges and rewards of being an entrepreneur.GuidelinesThe paper must be 4 – 5 pages in length.You must follow APA formatting.Include a table of contents.Even though this is not a scientific-type writing assignment and is mostly creative in nature, references are still very important. You must reference your interviewee. Be sure to look up how to cite an interview in APA style.All DeVry University policies are in effect including the plagiarism policy.Papers are due during Week 5 of this course and should be submitted to the dropbox.Any questions about this paper may be discussed in the weekly Q & A discussion topic.This paper is worth 150 total points and will be graded on quality of research topic, quality of paper information, use of citations, grammar, and sentence structure.MilestonesDuring Week 5, write and submit your entrepreneur reflection paper. In Week 5, you will finish writing your paper (see next section). For APA format guidelines, please refer to the APA Tutorial in the Syllabus. Insure that the body of your paper, excluding cover page and sources, exceeds the minimum and that all of the assignment requirements have been met.Best PracticesCover Page:Include who you prepared the paper for, who prepared it, and the date.Table of Contents:List the main ideas and section of your paper and the pages where they are located. The illustrations should be included separately.Introduction:Use a header on your paper. It will indicate that you are introducing your paper.The purpose of an introduction or opening is tointroduce the subject and why the subject is important;preview the main ideas and the order in which they will be covered; andestablish the tone of the document.Include in the introduction a reason for the audience to read the paper. Also, include an overview of what you are going to cover in your paper and the importance of the material. (This should include or introduce the questions you are asked to answer on each assignment.)Body of Your Report:Use a header titled with the name of your project (e.g., âThe Development of Hotel X – A World Class Resortâ). Then proceed to break out the main ideas: state the main ideas, state major points in each idea, and provide evidence. Break out each main idea you will use in the body of your paper. Show some type of division such as separate sections that are labeled, separate group of paragraphs, or headers. You would include the information you found during your research and investigation.Summary and Conclusion:Summarizing is similar to paraphrasing, but summarizing presents the gist of the material in fewer words than the original. An effective summary identifies the main ideas and major support points from the body of your report; minor details are left out. Summarize the benefits of the ideas and how they affect the tourism industry.Work Cited: Use the citation format as specified in the Syllabus.Grading Rubric:CategoryPoints%DescriptionInsight5028.5%What insights have you gained from your interview? What did you learn from your entrepreneur?Analysis5028.5%How did you interpret the message from the entrepreneur with what you have learned so far in class? (How would you apply theories reviewed in class?) How was the information analyzed? What was the message of your interview?Overall Organization5028.5Was the paper organized, and did it tell the story of the entrepreneur and your findings? The overall paper should be cohesive and tell a story. How complete was the paper?Total150100A quality paper will meet or exceed all of the above requirements.Part 3: Entrepreneur Research Paper.equella.ecollege.com/file/e98b4673-af13-4e03-86ae-fe49cb61235a/1/SBE310_CH_CourseProject.html#top”>Back to TopYou will write an extensive research paper on an entrepreneurship failure. As you may be aware, 80% of all small businesses fail within the first five years (50% in the first year). Your research paper must answer the following question: Why does this failure happen, and how can it be avoided? You will need to research a small business or use your entrepreneur that you interviewed to learn about failure. The paper will have three sections.Failure Introduction: Your first 2 pages should be a background of the failed business. What was the business? Who were their competitors? What was their mission or business vision? When did the business start and then fail?Reason for Failure: This section (2 pages) requires your insights and will be a large part of your grade. You must describe why the business failed. There are many reasons small companies fail, and you should do some basic research (hint â some scholarly research is required here) to determine the common causes and then compare this research to your company.Your Analysis: The last section (2 pages) should be what could have been done, in your opinion and based on the knowledge you received in class (another hint â more scholarly research could be used here), to avert the failure. Could the entrepreneur have planned better? Was the idea sound but the implementation poor? Simply put, as the observer after the fact, how could this business have survived?It is important: Do not write 5 pages on the company and save the last page for the reason and analysis. Please use the guidelines above to ensure that you maximize your effort on this project.Remember, the point of this research project is for you toevaluatea failure, determine the causes of the failure, and introduce a way the failure could have been averted. This project will give you some insight for your own potential business idea and help you avoid some of the mistakes others have made. As stated above, failure is common in small business; conduct some solid research on this project to identify the risks, so you can create mitigation techniques to increase your chances of success when you venture out with your plan!GuidelinesPapers must be 6 – 8 pages in length. (There would be roughly one page per area included in the report.)You must follow APA formatting guidelines. Appropriate citations are required.Include a table of contents.Even though this is not a scientific-type writing assignment and is mostly creative in nature, references are still very important. You must have at least 4 scholarly references. (For more information, please view research information below.)All DeVry University policies are in effect including the plagiarism policy.Papers are due Week 7.Any questions about this paper may be discussed in the weekly Q & A discussion topic.This paper is worth 200 total points and will be graded on quality of research topic, quality of paper information, use of citations, grammar, and sentence structure.Research InformationNote that you will conduct online research using scholarly resources, which can be found in the DeVry Online Library (available under Course Home) and online research sources such as Google. Locate at least 4 scholarly articles that discuss the failures in small business for inclusion as sources in your paper. What are current trends in this business (or in the overall industry of which this business is a member) that might impact customer service, customer satisfaction, or customer loyalty positively or negatively?MilestonesIn Weeks 1 through 3 you determined the failure you will research and decided what business failure you planned to research.In Weeks 3 through 5, you researched and analyzed failure.During Weeks 6 and 7, write and submit your entrepreneur reflection paper. Finish writing your paper. For APA format guidance, please refer to the APA Tutorial in the syllabus. Ensure that the body of your paper, excluding cover page and sources, exceeds the minimum page requirement, and that all of the assignment requirements have been met. Then, submit your paper.Best PracticesCover Page:Include who you prepared the paper for, who prepared it, and the date.Table of Contents:List the main ideas and section of your paper and the pages where they are located. The illustrations should be included separately.Introduction:Use a header on your paper. It will indicate that you are introducing your paper.The purpose of an introduction or opening is tointroduce the subject and why the subject is important;preview the main ideas and the order in which they will be covered; andestablish the tone of the document.Include in the introduction a reason for the audience to read the paper. Also, include an overview of what you are going to cover in your paper and the importance of the material. (This should include or introduce the questions you are asked to answer on each assignment.)Body of Your Report:Use a header titled with the name of your project (e.g., âThe Development of Hotel X – A World Class Resortâ). Then proceed to break out the main ideas: state the main ideas, state major points in each idea, and provide evidence. Break out each main idea you will use in the body of your paper. Show some type of division such as separate sections that are labeled, separate group of paragraphs, or headers. You would include the information you found during your research and investigation.Summary and Conclusion:Summarizing is similar to paraphrasing, but summarizing presents the gist of the material in fewer words than the original. An effective summary identifies the main ideas and major support points from the body of your report; minor details are left out. Summarize the benefits of the ideas and how they affect the tourism industry.Work Cited: Use the citation format as specified in the Syllabus.Grading Rubric:CategoryPoints%DescriptionIntroduction5025%The introduction (2 pages) describes the business in detail. Start and failure dates, industry background, company idea and target customers all are elements that must be included. Additionally, any information about the founder and overall finance (if available) should be included.Analysis5025%The analysis is the core of the project (2-3 pages). You must determine why the failure occurred. You must have some research about general reasons of entrepreneurial failure as your base understanding and incorporate research in the analysis of the business failure.Recommendations5025%Your recommendations must demonstrate a thorough understanding of your business’s failure and create credible remedies to solve the problem (2-3 pages). For example, if your company lacks capital, simply stating that the company needed more money is not enough. How would you raise that money? Perhaps the business plan was not developed properly, or no plan was created at all, and the idea and sales projections were unrealistic. In other words, your analysis and research must be specific and detailed.Organization and Cohesiveness2512.5%Insure that the paper follows the guidelines listed above and the information is presented in an organized manner.Grammar and Spelling2512.5%Grammar and spelling must be at college level.Total200100A quality paper will meet or exceed all of the above requirements..equella.ecollege.com/file/e98b4673-af13-4e03-86ae-fe49cb61235a/1/SBE310_CH_CourseProject.html#top”>