How to Play - tells you about how the game works - this is essential to read
Hints - Gives tips about how you can play better
Links with Learning - explains how the game links with management concepts
How to Play
The screenshot below shows how entrepreneurs can choose how risky their venture will be and how much reward they and their investors stand to make.
The slider is moved to choose a number between 1 and 5.
A risk rating of 1, only requires the entrepreneur to raise $50 of capital. And if they do so whatever is raised is multiplied by 1.1 (a return of 10%) before being divided between the entrepreneur and their investors according to how much of the venture they own.
A risk rating of 5 requires the entrepreneur to raise $100 and if they do so the sum raised gets multiplied by 5. The table below summarises the rewards:
The blue labels in the image below explain the different elements of the screen.
Hints
1. Entrepreneurs should set a level of risk that's close to what they think they can achieve,
2. Attract the necessary amount of capital, but still try and keep as much of the business as possible.
3. Remember that the game has two rounds...other players will remember how you performed & played
The very first time (in Round One) an entrepreneur makes this decision - it is effectively at random. However in the next Stage and in subsequent Rounds entrepreneurs will make their choices based on what others have chosen or on what the entrepreneur thinks they are likely to choose.
This reflects the reality of entrepreneurs making decisions based on their assessment of the environment in which they will be setting up their venture.
Links with learning
