Emerging Entrepreneurs Forum A Programme Focused On Providing Opportunity For Young People And Entrepreneurs

This article talks about how it can be difficult to be an entrepreneur but it’s worth it. An entrepreneur is when one lives off their own business. Eades talks about how by starting your own business you can make a positive impact no matter the risk that exists of failing. The author mentions a few people that are well known that became very successful; for example, Steve Jobs and Bill Gates. Following their footsteps is very extreme; it can be a goal but it is something

We’re fortunate to be living in the age of the technological gold rush. Every day, more and more individuals are leaving their jobs to either join or found their own tech start up or become a key member of one. Graduates are no longer waiting for employers to offer them jobs, they’re creating them, most importantly, and the new age entrepreneur is glorified through articles, shows and featured films. Simply put, it’s cool to be an entrepreneur.

Every start-up needs financial support to achieve high aims. Global economy conditions have come up with some reality base difficulties for new start-ups but these difficulties cannot delay the establishment of entrepreneurial companies. On the other hand, challenges of globalisation are bothering mature companies to produce more innovative, environment friendly, qualitative and economic products or services. Automatically, it is a threat for new start-ups to be more sufficient and efficient for survival and then to be a mature company to gain marketplace. The notion of entrepreneurship varies according to the situation of the target market. New start-ups need delegation, resources and expertise to grow it and to follow different stages of business growth (Baron, 2012).

Starting a business is the latest trend. Just take a look at Instagram. Several profiles have the caption ‘Entrepreneur’. At this very moment, there is someone, somewhere working on an idea, a business plan or launching a startup. Entrepreneurship is on the rise like never before. The flexibility and independence that comes with being one’s own boss is attractive and worth taking the leap in starting a business. However, most people don’t know that being an entrepreneur is a grueling journey that can be very lonely and stressful at times. According to the Small Business Administration (SBA), 50% of businesses fail during the first year. Starting a business can be a scary task, but the

First of all, students and young entrepreneurs should understand that they are not the first or the last, who do such business. That means that a lot of data - studies, advices, stories of successful and unsuccessful forerunners - could be found from a variety of sources. However, one should also understand that every business has its own path with own decisions, communications and methods of bypassing problems – each and every firm is always in its own set of circumstances that require specific actions. When one learns, steps can be repeated after someone, when one does a business, he/she takes a role of a trail blazer, who has to discover the essence. This is not the only concept an entrepreneur should understand and there are specially adopted programs, provided in various colleges, including Paul college at UNH, that allow students to develop their own businesses being guided by their instructors (Laura Hill).

The entrepreneur’s vision, determination, and purpose become null-and-void without assets and capital (Mikic, Novoselec, & Primorac, 2016). The nature of business is founded on the exchange of money. Entrepreneurship based on a theory of ideas ends in naïve failure. The wisdom to secure capital, assets, and fiscal resources increases the likelihood of success.

An entrepreneur is “a person who organizes and manages a business with considerable initiative and risk”. In other definitions an entrepreneur “identifies an opportunity or a gap in a market and evaluates the risk related to the establishment of the business and is prepared to take the associated risk to start the business in the quest for making profit; and has the ability to obtain the resources to establish and grow a business”. Entrepreneurship exceedingly relies on entrepreneurs to start-up, develop and produce companies across the use of their

They help in intensifying competition with the help of technology they master in increasing productivity and thus contributing in the development of the country, followed by economic growth.(Dr. Sangya Shrivastava 2013) Entrepreneurship has been given much emphasis by organizations and governments in recent years. It acts as a vehicle for small businesses. We can see the increasing level of economic development when more of the population gets involved in entrepreneurship which is basically self-employment. Entrepreneurship plays a critical role in the development of the economy as this is the key contributor to innovativeness and product improvement. It is one of the important ingredients to the creation of new employments and in the building of communities in ways of offering them jobs. By contributing to local charities, taking part in local business, investing in projects in communities, and creating and participating in different networks in entrepreneurship, they build up robust communities which contribute to the community development. Governments have struggled to develop policies which will enhance entrepreneurship by understanding the critical difference existing between small business owners and entrepreneurship. At the same time, a misconception about entrepreneurs and where entrepreneurs can be found can also help the local people to create the right picture of entrepreneurship and thus become aggressive and contribute to

Because members of this generation are responsible for 70 percent of all US business start-ups, “generation X” might be more appropriately called “generation E”. There is no slowdown in sight as generation Y ( the millenials), begins to flex its entrepreneurial muscles. The global entrepreneurship monitor reports that globally entrepreneurial activity is highest among people between the ages of 25 and 34, but those in the 18-to-24 age group are strong second. In the united states, a recent survey by junior achievement reports that 69 percent of teenagers say they hope to launch their own businesses.

During the first few months of the school year, the class worked together to complete assignments that helped us understand what it truly means to be an entrepreneur. One assignment we had was to create a podcast where we compared multiple people off of the Forbes 35 Under 35 list. This was a list of 35 entrepreneurs who had “made it big” by the age of 35. We looked at what their products and services were, and openly discussed their importance as well as their innovation.My biggest takeaway from this assignment was how each person had the ability

While I discussed the lesson, I tried to pique my students’ entrepreneurial curiosity. So, I instructed them

The following essay will describe my personal interpretation of the Entrepreneurship Forum, conducted on October 16, 2015 at California State University, Monterey Bay. The forum focused on four specific speakers and their journey as entrepreneurs. The below paragraphs will describe the general emphasis of each speakers entrepreneurial story, including the challenges and rewards from their experiences. The paper will then conclude with the lessons I found most important, and whether or not the speaker’s stories have made me more inclined to be an entrepreneur.

Entrepreneuring: efforts to bring about new economic, social, institutional, and cultural environments through the actions of an individual or group of individuals → emancipatory process with broad change potential. This view foregrounds three aspects: (1) seeking autonomy, (2) authoring, and (3) making declarations.

Entrepreneurship is the most powerful economic force known to mankind. The Entrepreneurial Revolution that captured our imagination during the 1990s has now permeated every aspect of business thinking and planning. As exemplified by industry players and era definers like Sam Walton of Wal-Mart, Fred Smith of FedEx, Bill Gates of Microsoft, Mark Zuckerberg of Facebook, Alhaji Asuma Banda of Antrak Group of Companies, Mike Adenuga Jnr of Globacom, and Kofi Amoabeng of UT Financial Services, the applications of creativity, risk taking, innovation, and passion lead the way to economic development far greater than anyone could imagine.

Through this type of support, MNCs aim to scale up emerging and promising entrepreneurs and enterprises by providing them crucial and targeted resources such as funding capital, social networks, mentoring, technical assistance, and technological platforms. One such example is SAP’s collaboration with Endeavor Global, an NGO, to identify and support high impact entrepreneurs in South Africa, Kenya, Morocco, Angola, and Nigeria through its SAP Emerging Entrepreneur Initiative. According to the announcement, SAP unveiled a 3-year program to provide its workforce (for mentoring), its technology, and financial capital (EUR 2 million) to support high impact entrepreneurs identified by Endeavor Global and other non profits in these locations.