Report:
From the meeting with the entrepreneur Jane Lu, I found that being an entrepreneur is not an easy task. The person has to face a lot of toil and hardship. Within an entrepreneur, there is a need of perseverance, confidence, passion and communication skills in order to achieve the goal. This holds true for a small business like a departmental store. In my opinion, an entrepreneur is a risk taker, as he knows despite receiving no as the reply to some questions he has to encounter certain obstacles. The amasing quality that I have noticed while carrying out my interview was the entrepreneur’s commitment and dedication to success. The strong commitment and dedication to success has helped him to surpass all the failures and learning from them. The interview with the entrepreneur has encouraged me to form a network of philanthropist and entrepreneurs that would help me in gaining more skills and knowledge in the fashion industry. A successful entrepreneur can only be possible when a person takes up a job in which he has a perfect zeal. In my interview with Jane Lu, I found that she has an intense passion for designer clothes and dresses right from her childhood. This passion helped her to turn her dream into reality. I feel that the passion if taken seriously could help the entrepreneur find success in business. There are many cases where the business has failed due to lack of motivation and encouragement from others. Through the interview, I understood that planning
that takes the risk in order to succeed. They are also the ones that boost and help the economy of a country. Last Friday, our teacher has invited guests to talk about being an entrepreneur. I learned many things and I was able to know how entrepreneur does things. The first speakers were Miss Archelle Ferrandiz and Arabelle Santamaria from Miriam College. They came up with a non-food business named Inabel that supports the dying industry of weaving. Sadly, Inabel was stopped because their other partners don’t have the same vision like they do. They stopped contributing ideas because they are not gaining money. According to Miss Archelle Ferrandiz, sometimes it is not only about gaining money it is also giving back to others. The way I think about on how business works were changed. Now, business for me is not all about money but being happy on what your business does to people around you. She said that we should be risk-takers in doing business. It simply means that we believe in our vision that it will hit the market. If ever the business fails, we will able to know what went wrong and with that if we start a business again the chance of falling again is decreased because we have the advantage of knowing what could possibly went wrong. She also quoted a quote from Martin Luther King “IF YOU CAN’T FLY THEN RUN, IF YOU CAN’T RUN THEN WALK, IF YOU CAN’T WALK THEN CRAWL, BUT WHATEVER YOU DO YOU HAVE TO KEEP
Many successful entrepreneurs tend to follow a process to develop their businesses. This process contains four stages toward achieving their dreams. The processes are identifying an opportunity, developing a business plan, assessing the need for resources, and finally developing a management program designed to achieve success. The entrepreneur must develop an understanding of this process as an important step. Developing an understanding of the entrepreneurial process can determine if a business venture is to be successful. Some phases of the entrepreneurial process may appear more important than the others but in reality each phase must be completed in succession in
To conclude, many people pay every sacrifices to become successful in their business like Charlotte and Shimels. Both Charlotte and Shimels started from the bottom to become successful in their business even is their life style was different. They can be a role model for people who want to be entrepreneur. People should learn lessons from Charlotte’s and Shimels’s
1) How are you acquainted with Ms. Martin? How long did you and Ms. Martin work together? I’ve known Ms. Martin since 2013 and has worked in varies roles in my department as summer graduate assistant and Student Support Programs fall, intern.
According to Lucy’s interview, the initial diagnostic impression is that she is a young women experiencing depression. Originally, this is the impression because in the beginning of the film it says that she has been experiencing low mood and has been expressing depressive symptoms. These original thoughts were confirmed in the interview film. Lucy has been experiencing these symptoms and low mood for approximately six months, as mentioned in the film, correlating to feelings of grief associated with depression peaking within six months. Along with this, the average age of onset for depression is in the mid-twenties. It is mentioned that Lucy is in University; therefore, she is between eighteen to twenty-two years old, being the perfect
When John Doe was about 2 ½ years old, Jane Doe noticed that he stopped talking, didn’t look at her when
Entrepreneurs are risk takers in the market. They are willing to gamble their hard work for a business that may fail or succeed. Many fail to keep their business alive, however; others are lucky to compete and survive in the market. Entrepreneurs like Maribel Galsim, owner of Maribel’s Daycare, were successful in their business. Maribel’s Daycare was successful because of hard work, patience, and being adaptable.
I interviewed Ms. Tiffany Chen. is a coordination specialist, providing direct support to leaders from a diverse spectrum of organizations from large multinational corporations to local community groups. Ms. Chen facilitates and supports the design, implementation, management, and advocacy of a financial inclusion agenda aiming to increase the effective utilization of recent innovations in the financial sector, particularly the use of financial technologies by populations in emerging economies.
Black business owners don’t need to be your favorite people, nor do they even need to be your friend. The other side doesn’t accept us or love us, but we will run to support “them” because we’re obsessed with acceptance. Who says their label/brand is fly? All so you can think you’re doing and looking better than the rest of the barrel? Entrepreneurs are no martyrs, we just know what we’re willing to put in to get to where we want to go and who we want to become. If you’ve ever had any semblance of a real conversation with me, you know a real question I ask is this, “If you could wake up tomorrow and be/do whatever you want to do, what would it be?” after you answer, I follow up with, “Why aren’t you doing that?” after that answer, I follow up with this, “With what you make at your job now, would you quit if your dream job or career paid you the same exact thing?” If you have to hesitate to answer yes to that question, leave being self-employed alone because your passion would have made you jump out the window for it.
- One who creates a new business in the face of risk and uncertainty for
The entrepreneur that I interviewed was Lydia Patterson. In 1989, Lydia and her husband, Lou, decided to start planning to open up a new Italian restaurant in Virginia. The restaurant industry, especially in the Washington DC area is very competitive. It is highly competitive with respect to price, value and promotions, service, location, and food quality. There are a substantial number of restaurant operations that compete for customer traffic, some of which have significantly greater resources to aggressively market to consumers, which could result in losing market share. Consumers are highly focused on value and if other restaurants are able to promote and deliver a higher degree of value, guest traffic levels
“Oprah Winfrey arguably has more influence on the culture than any university president, politician, political or religious leader, except perhaps the pope.”
Explain and critically analyze unique traits of an Entrepreneur, discuss these related to personal strengths and weaknesses
There has been extensive research conducted on the characteristics that successful entrepreneurs possess. These attributes vary widely across literature, however there are common key traits that are required to achieve any form of success. Frederick et al (2013) suggest entrepreneurs are risk takers, optimistic, have sound judgement and an ability to manage. While a review of literature relating to the psychology of an entrepreneur reveals a large variety of characteristics in a successful entrepreneur, these can be consolidated to a a few into only a few traits that are essential for a successful entrepreneur. Whilst taking into
Taking this entrepreneur course has been the best thing I could do for myself. Not only did it grow my mindset, but it taught me how to focus and concentrate on meeting my goals. At the beginning of this semester I could not let go the negative self-image I had of myself. Since I have been able to reflect on who I am I am slowly able to let go of that past image. I now know that I am more than able to reach my goals with the proper mindset and skills. I have come a long way since the beginning of this course. At the beginning of this course we were asked what is most important in life, and when I chose myself I knew after that reflections that I was off to a great start. Putting myself first these last few months has been the best thing I