watch the video: start up, thirsty for knowledge season 3 episode 4 and in 3 pages answer the following questions
1) Both companies were founded by women entrepreneurs. Please research at least two (2) resources dedicated to the advancement of women entrepreneurs. These can be local or national; private of governmental; large associations or upstart organizations. Provide an overview of these organizations. What specifically are they doing to achieve their mission? Please cite two relevant and important statistics you identify in your research pertaining to women entrepreneurs.
2) Both businesses featured were started with personal savings. This is a common formula for entrepreneurial ventures, known as “Bootstrapping”. Is bootstrapping a good or bad strategy? Please state how much money each business raised. Then explain the concepts of “Kickstarter” and “Crowdsourcing”. Is this fundraising method legal in Florida? Lastly, explain two (2) other approaches Plucked and Drought could have used to raise money? Support your conclusions with research citations.
3) The subject of price was discussed in both segments. How much was Drought charging for its product? How much was Plucked charging for its service? Please investigate the issue of “Pricing” and discuss what you identified in your research as the most important factor for small businesses to consider when pricing a product or service. Please cite your sources.