Thursday, December 19, 2019

Essay about Not Easy but Rewarding Entrepreneurship

A famous quote by the late Peter Drucker reads, â€Å"The best way to predict the future is to create it.† Per the New Merriam-Webster Dictionary an entrepreneur is a person who creates, organizes, and operates a business or businesses, taking on a greater than normal risk in order to do so. It is unknown who actually started the first business on the records but it stated to be in the year 527 AD when it was created. The details about the business are not specified either but it was solely resembled a funeral home. According to Forbes; a leading Internet media company, is among the most trusted resources for the worlds businesses and investment leaders, in the last six years there are over thirty-eight million people who have become†¦show more content†¦The business’ year-end sales exceeded 1 million dollars. Twelve years after Gates founded his business in 1987 he became the worlds youngest billionaire at the age of 31. Because of Gates’ booming business and because he is his own boss he has the power to create is on schedule and he more than likely finds his self having much more free time than the average person. Gates ability to be flexible, free, and to be able to bring in a steady cash flow is what makes his company such a success. Statistics say people prefer to work independently. This is because, people don’t want to follow rules of the people they work for. Having a boss can be antagonizing because if you and your boss do not get along then you might be assigned with the most tasks and can be very stressful. Generally people who don’t get along with their bosses do not enjoy their jobs or work in a comfortable work space. Being an entrepreneur gives one the opportunity of taking control and handling the day-to-day task, and it provides people with a secure job since they have the opportunity to manage the money and operations of the business. One cannot fire their self, especially if he or she is the owner/creator of that business. Being an entrepreneur allows one to do whatever he or she wants to do in order to make their business a success, but entrepreneurs have to be mindful not to break any laws in the process. Another benefit of being your own boss is if a person comes up with an idea you canShow MoreRelatedHolding The World Of Your Hands1541 Words   |  7 Pagesinventions sprouting, the world’s needs will not be fulfilled, as there are simply not enough changes to be provided. Changing the world is not easy because entrepreneurship is one of the most risky careers that can be chosen, both financially and socially. Physical and mental endurance is also required to be a successful entrepreneur. Although entrepreneurship can be risking and can take many hours of hard work, it is a career that provides high rewards like wealth, freedom, and fame. Since the beginningRead MoreEntrepreneurship Should Be Aware At The World Of Entrepreneurship Essay1531 Words   |  7 PagesPROVIDED MANY OPPORTUNITIES ANYONE PLANNING TO ENTER THE WORLD OF ENTREPRENEURSHIP SHOULD BE AWARE OF ITS POTENTIAL DRAWBACKS Introduction:- Entrepreneurship is defined as the practice of beginning a new trade or reviving an existing business, for capitalizing on fresh opportunities. The statement were analyzing today is all about entrepreneurship. The author here is trying to explain that like every coin has two sides, entrepreneurship also has benefits and drawbacks. Every year the number of peopleRead MorePersonal Statement : My Own Company1257 Words   |  6 PagesAs a sophomore at Villanova University in the business school, I am still trying to figure out the path I want to take in terms of my career. Currently I am in the marketing department, but one thing I am interested in is entrepreneurship. The idea of starting my own company is very intriguing to me, and that is why I choose to speak to Tom Greenwood. Mr. Greenwood is my mother’s friend, he was previously invested in real estate before he decided to open his own business, a winery and bistro in myRead MoreThe Success Of An Entrepreneur1652 Words    |  7 Pagesentrepreneur. Entrepreneurs are the ones who bring us a lot of the things that we enjoy on a daily basis. They create jobs, products and most importantly, the road to a better future. Entrepreneurship is not for everyone. It is not easy work to make it in this field, but if someone does make it then it can be a very rewarding career. It requires a lot of hard work and an excellent set of skills. In order to be successful as an entrepreneur one needs to have an idea, they need to know how to correctly implementRead MoreWho Is The Owner Of Several Restaurants?1480 Words   |  6 Pageslocated in Highlands, which is an upcoming neighborhood that presents great opportunity. Alex said his biggest objective was following his passion for cooking, he told me â€Å"If you follow your passion, the money will follow.†. He said ‘the most rewarding part is loving what you do everyday, the money is great and all but if you re not passionate, eventually you’ll resent it’. Alex said he has obtained his goal, given he has opened multiple successful restaurants and continues to even in the currentRead MoreCareer Goals1008 Words   |  5 PagesBefore entering college I realized that my interests lay in business. In college, my courses in business were the ones looked forward to the most, and my business projects and presentations were the most challenging and rewarding of all my undergraduate course work. So, it was easy for me to decide to pursue a career in business when I graduated from college, leading to a career as a defined contribution analyst. Now, as I once again evaluate what I want my career to be, I am considering that adviceRead MoreBusiness Structures; Advantages and Disadvantages729 Words   |  3 PagesBusiness Structures Paper Finance/571 August 5, 2013 Business Structures Entrepreneurship is an excellent opportunity for individuals seeking the independence of running their own business. Starting a business can be a quite daunting task for anyone who is looking to do so. Potential business owners must be ready to invest much of their time and energy to the planning and startup phases of their business. Those activities include conducting research, creating a business planRead MoreCase Study : One Of Seagram s Management994 Words   |  4 PagesDefinition of Project: One of Seagram’s management’s utmost challenges was culture change. Seagram’s recognized that it could not succeed without making a culture change. It was a distinct shift from away from individualism, entrepreneurship authority; functional pride, and personal relationships during a time when Seagram’s was successful. The management at Seagram’s recognized that they could achieve definitive success without transformation was impossible (Jick, Peiperl, 1993). The old cultureRead MoreWhat I Do My Life?1711 Words   |  7 Pagesthree old and used game consoles at eBay. I utilized the Thanksgiving deal time to avail the discounted price to stay on the budget and still manage to buy all the things I had planned on buying. According to Ajay Bam from Business News Daily, †Entrepreneurship is the journey of opportunity exploration and risk management to create value for profit and/or social good (Ajay Bam, 2015). I wish to have the opportunity to c reate my own work environment where can treat people right, provide inspiring productsRead MoreSample Resume : Small Business Management Essay1451 Words   |  6 PagesStudent Id: A8710 Table of contents Explore and articulate business vision concepts 3 Formulate and communicate an ethical framework for business operations. 5 Identify means of fostering entrepreneurship and innovation. 6 Establish business goals and objectives and formulate strategic plans for specific small business ventures. 7 Introduction This report shows the information regarding the establishing the RANVIR FAST FOOD

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.