Engagement Without Passion: A Recipe for Failure - Case Study Example

Add to wishlist

Summary

As the paper "Engagement Without Passion: A Recipe for Failure" discusses, passion is essential for entrepreneurship for many reasons. One of the biggest challenges is that entrepreneurs must spend vast amounts of time working on their project – working 60-70 hour weeks for years on end sometimes…

Download full paper File format: .doc, available for editing

GRAB THE BEST PAPER96.3% of users find it useful

Engagement Without Passion: A Recipe for Failure

Read Text Preview

Subject: Management
Type: Case Study
Level: Ph.D.
Pages: 1 (250 words)
Downloads: 2
Author: nbosco

Extract of sample "Engagement Without Passion: A Recipe for Failure"

If passion is not present, fatigue sets in incredibly quickly, and the drive cannot keep up. Even more important, however, is the fact that a business will face innumerable setbacks, and passion is required to keep up the drive in the face of failure.
Though this can often lead entrepreneurs down the wrong path, perhaps someone should have thought to ask why no one was monetizing these sporting events in ANY way. Furthermore, if people get to watch professional sports on TV, will they pay for amateur sports commentary? People tend to be very unwilling to pay for media that is usually ad supported.
I think that the basic business model of YouCastr was flawed, which means saving it would have taken a basic rethinking of how things were done. One possibility: monetize by inserting ads in the broadcast, more like other traditional sports media.

There are several reasons that this company was successful – one of which was certainly a bit of luck – they hit on a formula that people didn’t just like, but loved. They never would have had the chance to get lucky, however, without persistence – persistence that came from a love of what they do. Their love for game-making was apparent – doing it first as a hobby, entering into contests, and then making a remarkable 51 relatively unsuccessful games before the launch of angry birds.
Part of it is good design – the game features bright, funny characters that are enjoyable to play with, a funny name, and gameplay that encourages people to play frequently and not put it down. More important, however, is probably that people picked it up and made it go “viral” – it was at the right place at the right time, and tickled people to the point that they showed their friends.
I think that, given something I was enjoying doing, I definitely would have been able to hang in there. The trick is that one must realize that rejection and failure are part of the process – and are making you stronger.
The main reason they stuck with it is probably that they liked what they were doing, they were having *some* success, though not a great deal. I think the last part was they probably enjoyed who they were working with.

CHECK THESE SAMPLES OF Engagement Without Passion: A Recipe for Failure

The Impact of Employee Engagement on Performance

The study aimed at exploring the impact of employee engagement on performance.... This case study has aimed at conducting research on the relationship between employee engagement and performance.... The definition of the term employee engagement has been well defined and differentiated from other aspects.... An explanation of the emotional and physical connection of the employees has been brought, in order to have an understanding of the term employee engagement in organizations....

39 Pages (9750 words) Essay

Service Learning at Angelo State University

Students become more committed to their career plan as they actively explore their interests, or they discover the need to look into a different path more aligned with their passion at a time when they are still enthusiastic about attending college.... This assignment "Service Learning at Angelo State University" examines the strong effort university is putting into retaining students whose tuitions contribute a significant proportion of overall revenue....

16 Pages (4000 words) Assignment

Writing a Management Consulting Letter to a Client

Any effort by a business whether big or small to separate the two functions of a business is a recipe for failure and more problems for the business.... Failing to determine the best way to organize resources including personnel and resources may be a recipe for organizational failure....

5 Pages (1250 words) Case Study

What led to US military action in the Vietnam

The path to the Vietnam War began long before the United States actually sent any troops into the foreign country, or became one of the most opposed wars in United States history.... Vietnam, a country in Southeast Asia that shared (and still shares) a northern border with China,.... ... ... It was first conquered and subjugated by China in 111 BC, who introduced both politics and Confucianism to the country but left it rankled when it came to being occupied by foreign powers (Bureau of East Asian and Pacific China would continue to rule there for the next 1,000 years, until 939 AD when Vietnam would regain some measure of independence (Bureau of East Asian and Pacific Affairs)....

9 Pages (2250 words) Research Paper

Employee Engagement as a Great Issue in International HRM

The paper "Employee engagement as a Great Issue in International HRM " names employee engagement key part of reduced absenteeism, improved productivity, creativity, and service delivery.... Employee engagement is imperative in enhancing the employees' motivation and competencies for engaging in various activities of the organization.... Employee engagement is a unique approach that is designed to ensure that the employees are committed to the organizational values and goals, motivated to contribute to the organizational success, etc....

11 Pages (2750 words) Assignment

Factors Promoting Failure of Peacekeeping Missions

This case study "Factors Promoting failure of Peacekeeping Missions" discusses peacekeeping undertakings that should be initiated objectively and with a clear understanding of the mandate and the strategies to be employed to avoid confusion midway through the process.... Welch also points out peacekeeping has not only been a failure but a success too....

8 Pages (2000 words) Case Study

Corporate Governance Failure and Risk Management - Parmalat Scandal

The paper "Corporate Governance failure and Risk Management - Parmalat Scandal" is a perfect example of a finance and accounting case study.... The paper "Corporate Governance failure and Risk Management - Parmalat Scandal" is a perfect example of a finance and accounting case study.... The paper "Corporate Governance failure and Risk Management - Parmalat Scandal" is a perfect example of a finance and accounting case study....

9 Pages (2250 words) Case Study

Factors Influencing Employee Engagement, and the Impact Employee Engagement Has on Performance

The paper 'Factors Influencing Employee engagement, and the Impact Employee engagement Has on Performance' is a breathtaking example of human resources literature review.... The paper 'Factors Influencing Employee engagement, and the Impact Employee engagement Has on Performance' is a breathtaking example of human resources literature review.... The paper 'Factors Influencing Employee engagement, and the Impact Employee engagement Has on Performance' is a breathtaking example of human resources literature review....

6 Pages (1500 words) Literature review