Vivid Sky Financial Issues Case Study

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Vivid Sky Financial issues
By Ndeye Ndoye
WMBA 6657
Instructor DR. Mehalko
Spring 2016

Case Study SkyBox
Tim Hayden is a pioneer in his business. He made a great product, the issues was to find good human resources to develop his business and different projects. In order to grow faster, Tim needs qualified programmers. He had the choice to be an employee with a good salary and a security of employment. All entrepreneurs faced or will face one day such dilemma. I am feeling that way today. I like my new position and I was planning to learn from this position and fund my business by the next semester. The main point is what will I do when the moment will arrive. I think about it and I will till I will have to make such decision. I will also use my friends and family advice and also use the group of like-minded entrepreneurs. …show more content…

663), Tim’s business is facing the “leave the firm with a nest egg.” He is experiencing transfer possibility. I would not advise him to sell his business. In life we struggle and it is not a reason to quit living. A business has its own life and since he was able to go through it all till today 2009. There is enough to keep his firm safe.

This case study teaches me more than three lessons but since in this assignment I have to cite three. Here are the three lessons:
Safety
Safety of employment, and secure the time with family and sleep enough, no stress about bills and sales.
Entrepreneurship spirit
Keep growing the business. Since Tim was able to develop his business to this current level in 2009. He had what it takes to get here he can continue and improve his business. He can network more and eventually ask help from expert in hiring qualified programmers.
Sold the business
Sale his business and keep an eye on it while being a consultant. There will be a time to create a different business and this time it will be with personal funds. This is what I plan to do in the same

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