Notes On Saving Dreams Through Entrepreneurship Essay
1821 Words8 Pages
Saving Dreams through Entrepreneurship
Michelle L. Young
DeVry University
PA571-62350
Table of Contents
Introduction 3
Saving Dreams through Entrepreneurship 4
Organization’s Description 4
Mission Statement 4
Goals 4
Objectives 5
Organizational Management 5
Code of Ethics 6
Action Plans/Implementation/Activities 6
Marketing Plan 7
Financial Management 8
Projected Expenditures Table 9
Evaluation Process 9
Summary 10
References 11
JOURNALS: 11
BOOKS: 11
WEB REFERENCE: 11
Introduction
In 2015, the Washington, D.C. unemployment rate ranged between 6.6% to 7.4%. (Databases, Tables & Calculators by Subject, 2016). However, the unemployment rate for African Americans was 13.3%. (Unemployment rates for African Americans by state in 2015, 2016; Griffin, 2011). Over the years, Washington, D.C. has been plagued with high dropout and high crime rates. Some people believe these structural issues have causes the high rate of unemployment. Sociologist Michael Hodge, Ph.D., chair of the Morehouse College Department of Sociology states that discrimination (it) is still a factor in the high unemployment of African Americans, but there are some other structural factors at work as well. One of which is education. “We have a lower rate of high school completion and college graduation, and that is particularly true among Black men today.” (Griffin, 2011) He also states that another structural challenge is the shifting of the U.S. economy away from a manufacturing to a service job. As a
Reading this, you are most likely a self-driven individual attracted to dropping out. You have been seduced by the stories about millionaire entrepreneurs from whom dropping out of college became a fast track to success. Having digested this article, your viewpoint on this decision will change and you will become professionally informed to make the only valid decision regarding dropping out. Follow some of the strongest unconventional arguments against dropping out of college:
The Magazine of Higher
Being a medical doctor, saving and impacting lives positively, has always been my dream. Upon graduation from one of the foremost medical training institutions in my country, after years of dedicated study, I worked with a government hospital where I had an experience that laid the seeds for my desire for a MBA. My team had a patient who was in critical condition and required urgent blood transfusion, however it was the middle of the night, and official request had to be made to management, for us
Of course I had dreams of playing professional sport like every other young male in the world but, a wise man spoke to me and he asked me how much my favorite basketball player makes on average, I did the research and Lebron James makes over 300 million dollars annually. Younger me got that information and as expected I held strong on my dreams of being a professional athlete until he showed me 0.0015% of Americans make it into the NBA.”Out of every 10,000 kids playing basketball in high school only
Entrepreneurship process and principles
Chapter: Introduction to Entrepreneurship process and principles
Definition of entrepreneur
-According to American Heritage Dictionary, “Entrepreneur is a person who organizes, operates and assumes the risk for business venture”
-According to Skinner SJ and Ivancevich JM,” An entrepreneur is a person who takes the risks necessary to organize and manage a business and receives the financial profits and monetary rewards”
-Entrepreneur is a person who organizes
Describe the business model, value proposition, target customers, and how they acquire new customers.
Groupon is an easy way to get huge discounts while discovering fun activities in your suit. Each day, it features a cool new experience and unbeatable price in dozens of cities across the country. From restaurants, theatres, spas, stores, special events. They work with the best local business to offer one deal each day at incredibly low price.
Groupon’s business model is whereby first, a merchant
ENT07101:Exploring Entrepreneurship |
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Report based on the career of Roz Colthart and her business www.black-essentials.com |
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Contents
Section 1: Introduction 3
Rationale 3
Research Methodology 3
Section 2: Findings 5
Background 5
Start up 6
Success 7
Future 7
Beliefs 7
Section 3: Analysis 8
SME 8
The Entrepreneurs Characteristics 8
Motivational Factors 9
Catalysts
class and affluence. A vicious cycle, established through the disproportionate availability of opportunities and unequal distribution of resources, beings to erode the family unit, churches and communities. Therefore, social inequality impacts poverty and wealth through labeling, mass incarceration, crime, education and the creation of the working poor.
Labeling
Society imposed labels on poverty and wealth creates a strain on upward mobility through symbolic interactionism. While resources and power
principles of
Entrepreneurship
>>>> 1. What Is Entrepreneurship?
W
hat is meant by entrepreneurship? The concept of entrepreneurship was first established in the 1700s, and the meaning has evolved ever since. Many simply equate it with starting one’s own business. Most economists believe it is more than that. To some economists, the entrepreneur is one who is willing to bear the risk of a new venture if there is a significant chance for profit. Others emphasize the entrepreneur’s role as
earnings for many people remain the same, which Hillman, a professor at Univ. of Wisconsin notes to be the one of the major reasons as to why student debt has risen in the recent years, data from the US Census Bureau shows that median family incomes have fallen each year since 2005. Due to this, there is a huge dependence on borrowing to cover the high costs of college since most can’t rely on such work income or savings. Existing structural inequalities in the labor market and great racial disparities