"Any fool can start a love affair, but it takes a genius to end one successfully

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Entrepreneurship is a management style that involves pursuing opportunity without regard to the resources currently controlled.  Entrepreneurs identify opportunity, assemble required resources, implement a practical action plan, and harvest the rewards in a timely, flexible way.”

  • William A. Sahlman

Summary

Bob Bernstein has a real entrepreneurship spirit within him, reflected by Bob’s unique business operation.  Bob entered the coffee business with creativity and innovation in mind.  Bongo Java, Bob’s first coffee house, caught the public eye for its various unique qualities, such as the original artwork on each tabletop and the uniqueness of the location itself.  Bongo Java’s success gave way to new stores and locations, as well as the Bongo Java Roasting Company.  The financial success of Bob’s creations has elevated Bob beyond the level of a simple, small business owner.  The important questions Bob must ask are where he wants to take his business from here and what kind of enterprise he wishes to build.  Bob’s dilemma is not an uncommon dilemma for the typical entrepreneur, who is known for continually asking such questions and reevaluating his own circumstances (Bhide 66).  Bob’s long-lasting desire to enter politics or start a full-service restaurant, along with a number of other factors, suggests further growth of Bongo may not be ideal for this particular entrepreneur.  

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Successful Beginnings        

Bob knew Nashville needed a “true coffeehouse”, and Bob was ready to fulfill that need.  In the reflection of a true entrepreneur, Bob seized an opportunity potential and made it a reality.  Bob entered the coffee business at the beginning of a “coffee boom,” thus taking advantage of a great opportunity in the marketplace.  His initiative was not necessarily money motivated, however.  Bob was more motivated to do something he would enjoy waking up in the morning to do.  This reveals the individual aspect of Bob wanting more out of his work life than just a ‘job’.  The ...

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