Assignment

Wanda comes to you because she is discouraged and needs to talk.Her parents have heard she is thinking of expanding her businessand even possibly taking out a second mortgage on her home to fundthe expansion. They have never been overly supportive of herbusiness, but as long as it seemed like a “hobby,” they didn’t havemuch to say. Recently Wanda’s mother called and expressed strongreservations about Wanda taking such a large step. This made a bigimpression on Wanda. She tells you that she doesn’t want herbusiness to cause a rift in the family. Perhaps she should take herparents’ advice and just forget expanding the business. Moreover,she doesn’t understand why her parents aren’t as excited about theprospects for the business as she is.

Your Task

You decide that you are going to take matters into your ownhands and go directly to the source of the problem, Wanda’s mother!In this assignment you will write a letter to Wanda’s mother andexplain to her the positive characteristics of entrepreneurs Wandais exhibiting and how you know she will be successful. You cancompare Wanda’s start-up of Salty Pawz to other more well-knownentrepreneurs who took a risk and succeeded, or you can recountyour own experiences with an entrepreneur you know personally. Thekey is that Wanda’s mother understands that (1) it is not unusualfor people to see things differently than the entrepreneur and (2)Wanda possesses many of the characteristics shared by successfulentrepreneurs.