Observation Of Student Entrepreneurs

My heart raced uncontrollably as I waited for my turn to come. I was sitting, for the first time, in a classroom in the United States, surrounded by people who were at least 2 years older than I was. Professor Knapp had asked for each one of us to stand up and state the reason why we were taking the Entrepreneurship course that summer at the University of Southern California. I thought I was prepared to answer what seemed like such a simple question, until I heard the responses that my fellow classmates were giving. “I want to expand my apparel business to other states” “I want to make even more than the 70 thousand dollars I made in the stock market last year” “I want universities to encourage the use of the app I built”. What was I supposed

I am always on the hunt for the next big thing. As I was growing up, I was exploring different possible ways to make money. I was driven to buy toys and sell them for a slight profit. These characteristics as a kid helped me develop into an intelligent person. I have more experience with selling products and more confidence to confront strangers than an average teenager. In my Entrepreneurship class, I am learning to build up a small business and market my business products. I have teamed up with classmates to take on the task of investing our money in our business. In this class, I have learned to collaborate with peers to get the most return from our

America is the Disneyland of entrepreneurs, a place where anything can happen. America is full of people with different points of view and ways if life. No one person is like another which is truly the greatest thing about America. Everyone is ensured identical rights to dream, achieve, and strive for whatever they want. To be an astronaut, a firefighter, a princess, a cowboy or a CEO of a company are all dreams that can be achieved by anyone, young and old. If somebody dreams of being a princess it is possible. Someone can start a business that hires people to go to young girls’ parties as Elsa or Moana and inspire them. As kids get older they lose their imagination and drive they once had. It begins with the need to be reminded them

Scott Adams shares with us the ideal framework for an entrepreneurial curriculum. In his article How to Get a Real Education, he reinforces the fact that the whole is far greater than the sum of these parts, especially in the context of an entrepreneur. Adams tells us of a couple stories from when he was in college and how he used the skills of an entrepreneur to become successful. He saw opportunities, sometimes embedded within problems, and worked them to his favor. This is what he referred to when speaking of the learned skill of transforming “nothing into something”, which is a skill that obviously applies to business. His basic idea is that much academic-oriented education is wasted on many

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

My parents are my source of motivation of starting a business because they are both successful businessman and businesswoman. I want to see myself one day be just as successful as them, or even better. In order to gain knowledge early on in my life, during the summer of 2016, I was an intern for NCL Logistics. By doing that I was able to gained not only professional working experiences, but also knowledge about the world market. I was able to speak with very successful investors and owners of businesses about what makes business successful and the strategies.

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.

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

These businesses that are run by students are very vital to the student body that is interested in business and entrepreneurship. They should be introduced in every campus that hosts business studies. Business students read about ventures, organizations and management in textbooks, but it’s a completely different experience while making decisions about an actual business. The thrill of making decisions, feeling the consequences of every decision made is something that cannot be taught. It must be experienced. This method of learning would revolutionize how business and management is taught in universities, creating social change and bettering society (Mars, Matthew M. and Gary Rhoades, 435-459).

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 purpose of writing this report is to show how much I have learned and experience from enrolling in BBA 220. It is also include the impression and my personal reflection about the unit itself, and also the reflection about group project. Before I start this unit, I do not understand much about entrepreneur and entrepreneurship at all. I just know that people who do business are businessmen. However, after joining this unit, my understanding toward entrepreneur become different. Entrepreneur is someone who is willing to take risk by inventing a new business that does not exist in the market or start up their own business to make profit or take benefit of an opportunity. On the other hand, according to Joseph Alois Schumpeter (1883-1950),

As a graduate student in Electrical Engineering and having a business background in my family, becoming an entrepreneur and starting a new venture has always been my ultimate dream. Becoming an entrepreneur requires resilience, self-reliance, focus and vision, ability to handle pressure during the lows, positive approach towards every idea. As an entrepreneur, I have the ability to withstand every stone thrown at me and I can convert them into milestones. I am planning a startup venture in the field of 3-D printing manufacturing unit.

Why did they start their own business? How did they start their own business? What do they attribute their success to? Provide a background of your chosen entrepreneur.

A remarkable amount of people most definitely agree that an entrepreneur is someone who started his or her business. Understand that this bland definition does not quite give a full understanding of entrepreneurship. When launching any form of entrepreneurial leap, it will create circumstances that can make you better as a person mentally, physically, spiritually. By understanding your passion and visualizing the dreams you possess can push start your drive to become an entrepreneur. Entrepreneurship also requires a massive amount of trust in not only for yourself but your product and employees. At one point of most entrepreneurs life they have gone through the worst imaginable, having resilience most definitely sets them apart from the average. Even though it is extremely difficult to accept tough times, your dream should not go on pause. As an entrepreneur having patience and controlling the situation, especially tough ones is a major key factor on entrepreneurship. Thus being said there are 5 great qualities that describe a successful entrepreneur resilience, agility, Patience, trust, and passion.

While entering my Entrepreneurship and Innovation class, I did not know what to expect considering I have never been registered for a business class before. However, just like any other class, I was going into it with an open mind and ready to learn. Overall, this has given me the opportunity to learn some of the skills and techniques that are required to be a successful entrepreneur such as thinking outside the box, reaching out to customers, accepting failure, and so much more. Having little experience in business, I feel as if this class has prepared me enough to have a general understand of the process and steps it takes to generate a product and potential bring it to the market. Although the process is much more complex it all starts with an idea that can benefit other in a positive way and than going out there and asking people about your idea and getting feedback and from there the sky is the limit. A part of this course required each student to get out there and engage with events on or off campus that are relating to entrepreneurship. With that being said I went to three events: Dream Girl, Entrepreneurship and Innovation Assembly, and the Idea Challenge Final.