In this module students are introduced to three interrelated entrepreneurial topics, namely new venture creation, new/small business growth, and family business. After completing the module participants understand how to model entrepreneurial opportunities in comprehensive and structured manner, and how to apply this entrepreneurial approach in the context of growing new/small business and family businesses. This module allows participants to 'step into the shoes' of new as well as family business owner/managers and obtain a fast track learning experience in understanding the fundamentals and challenges of starting and growing a business. Participants will analyze a range of complex and interacting challenges that new and growing businesses typically face. The module will also explore and analyze family business continuity challenges and best management, and governance practices for leading growth oriented family owned businesses.