Liquid Power Boats SuperCats C

Babson Professor Stephen Spinelli, Case Director

Matt Lauzon, Case Writer

Arthur M. Blank Center for Entrepreneurship

© Babson College, 2006.

Abstract

This is a case series consisting of a main case, SuperCat Powerboats (A)[1] and two, two-page follow on cases, SuperCat Powerboats (B)[2] and Liquid Power[3]. The first case can be taught independently of the second two or can be taught with the B case only. [1] Written by Professor James Heskett, Harvard Business School case # 9-806-102 [2] Written by Professor James Heskett, Harvard Business School case # 9-806-104 [3] Written by Associate Professor Stephen Spinelli, Jr., Babson College, Arthur M. Blank Center for Entrepreneurship. This case series is an excellent example of a soon to be MBA considering entrepreneurship as a professional endeavor and attempting to balance those aspirations with job seeking. This is a classic dilemma for graduating business school students, especially MBAs. They tend to have better job offers than the undergraduates so the opportunity costs are higher. Ryan Kratz is approaching the end of his Harvard MBA experience. He has a job offer in his preferred field of real estate development but clearly has entrepreneurial inclinations. Indeed, throughout his various levels of education Ryan has founded start up firms; most of them successful at a basic level (launched, achieved revenue, repaid capital and earned a return). Through these experiences Ryan has developed a basic philosophy of opportunity identification and the basic criteria for deal making. The case(s) take us through this process as Ryan pursues a specialty power boat manufacturing start-up. There is an excerpt from Ryan’s business plan in Professor Heskett’s (A) case that allows students and instructors to analyze Ryan’s thinking at a deeper level.

Topics: Entrepreneurship as a career path, Opportunity Recognition, Acquiring a business concept/deal making

Positioning: This case can be used in the first third of an entrepreneurship course when the students have been drilled in opportunity recognition and are beginning to think about the potential for their own career as an entrepreneur. Taught immediately after the SuperCats case. (Available from Harvard Business School Press.)

Teaching Objective: To link opportunity recognition and shaping with career ambitions and risk tolerance. To begin exploring the resource marshaling skills associated with exploiting an opportunity.

Keywords: Opportunity recognition, Deal making, Resource marshaling, Acquisition

DVD

There is a 41 minute DVD available for this case. Please place orders through ecch.

Teaching Note

There is a 9 page Teaching Note written by Prof. Steve Spinelli available for this case.