1. What is a founders agreement? Describe the purpose of a buyback clause and

1. What is a founders agreement? Describe the purpose of a buyback clause and why its important. 2. Discuss three main reasons people decide to become entrepreneurs and four main characteristics of successful entrepreneurs. 3. Explain what a feasibility analysis is, its purpose, and the two primary issues to consider when completing this analysis. 4. Explain what an industry/market feasibility analysis is, its purpose, and the two primary issues to consider when completing this analysis.

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