Entrepreneurship During Crunch Times

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Dr Jason Fitzimmons

Jason Fitzsimmons
Assistant Professor

jfitzsimmons@u21global.edu.sg

Based in Singapore, Jason Fitzsimmons is an Assistant Professor in the area of Business Management and facilitates subjects in Finance, Strategic Management and Developing New Enterprises. He has more than seven years of experience in lecturing at the Brisbane Graduate School of Business at Queensland University of Technology in Brisbane, Australia. He has also had significant industry experience and was involved in several successful startup ventures.

During his seven-year tenure at the Brisbane Graduate School of Business, Dr Fitzsimmons was the Chairperson for the Faculty Learning Environments Group, Acting Head of School for the Brisbane Graduate School of Business, Acting Director for Postgraduate Studies for the Faculty of Business and Acting MBA Director. Over the years, he has developed and taught subjects such as entrepreneurship, data analysis and decision making, venture capital, business planning and new venture funding. His research interests include optimisation and simulation modelling with applications in finance and marketing as well as entrepreneurship research in the areas of new venture financing and growth and profitability in small and medium enterprises.

Dr Fitzsimmons has a PhD (Physics) and MBA from the Queensland University of Technology.

Subject(s) Taught
  • MBA 612: Finance
  • MBA 690: Strategic Management
  • MBA 761: Developing New Enterprises
Professional Affiliations
  • Academy of Management
Burger King introduced the whopper in 1957 in a recession
Bartercard Post October - launched in 1991 during the recession that Australia had to have.
72% of Nascent Firms in Australia raised capital through own savings - more creative way to raise capital
Recession forces founders to be frugal, to take a close look at their ideas, commited start up teams and lower opportunity costs.,
Creating value, needs, value, capture that value? satisfy needs and compete
Value for money, necessities, substitute products that are inexpensive alternatives, entertainment, retraining
outsource for larger companies, hedge offerings, expand (thru acquisitons, franchising, international expansion), larger corp scaling back
Interconnected components of value chain, think resources, downtime resources available at lower cost,
The Grateful Dead
One of the highest grossing bands of all time but only had 1 top ten hit, not one of their first 10 albums ever made it higher than number 24 in the charts.
not relying on revenue from album sales (often significantly pocketed by the music industry)
preferring instead to focus on touring and merchandise revenue, essentially gave their music for free. encourage their fans their recording equipment
Firms that get profitable first, low-growing eventually became high growth and profitable firms
Higher GMAT averse work effort and risk, B Schools attract indivduals hard working, seek independecne and not averse to risk taking.
Kelvin Quee - JamiQ
JamiQ growth mapped on STI,
value of money shrinked overnight
www.joelonsoftware/articles/GuerrillaInterviewing3.html
Gmail
GDocs and Calendar
Skype
CrowdSource your answers
kelvin.Quee@JamiQ.com
91773635
Turn my hobbies into businesses
first-mover bounded not ready to accept new ways to doing things
Pro-Enterprise Panel - Duck Tour
Creating an environment - protect other stakeholders
Constructive Tension
Carnegie Mellon - Converted intelligence from Robotics NASA to Financial Engineers.

On the Road to an Entrepreneurial Economy - Kauffman Foundation's article shared some similar threads



Kauffman - Get more Business Documents

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