The dark side of a student online
startup
Michael Dominik
Learning Objectives
- Students will learn how online digital startups can be easily founded by
modestly informed or prepared student entrepreneurs but flounder when
faced with challenging circumstances. Are student founders sufficiently
prepared to make decisions and sacrifices necessary to succeed?
- Students will understand how failures of entrepreneurial ventures can
result both in learning valuable lessons as well as in multi-form losses and
unintended adverse consequences that impact others. Are student founders
prepared for the negative consequences associated with a failed entrepreneurial venture?
- Students will be more advised, informed, and prepared for the potential
dark side of entrepreneurship. Are student founders expressly aware of the
strains and stresses of entrepreneurship?
- Students will learn about common mistakes or critical aspects that are often
overlooked by entrepreneurs trying to monetize app development such as
lack of adequate testing, cybersecurity aspects, and legal issues that are
particularly relevant in the digital domain.
Introduction
John
20 years old
Finance student
Student United - Stunited
John’s first company and no entrepreneur class
Connecting tutors and student for school work
Easy entry as software only
This case explores the dark side of student digital entrepreneurship
Business and industry overview