Personal Swot Analysis Essay example

1143 Words Nov 4th, 2010 5 Pages
Personal SWOT Analysis

The career objective that I have in my life is to have started my own business or be a owner of business. The information that follows will be presented in a SWOT analysis format that describes me and more in depth with my current career objective. My first topic will touch on my strengths, followed by my weakness, then opportunities, and finally threats to me not reaching my objective.


My biggest strength toward reaching my objective is my tack that I am on in college. I am a 4 year student here at Wayne State and 2 semesters away from obtaining an accounting degree. This is important because having an accounting degree I have learned a lot about how to handle a business finances, assets,
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I also know that his partner has already been in his ear telling my

uncle about how good his son would be as owner and how the business would not take any steps back if

he were to sell to his son. Another threat that I have is my desire to have a family and be able to provide

for them to live a good life. I want to have several kids and be married in my life and the reason that this

is a threat, even though it is what I want, is because of the money that it takes to have a family. When I

start my family it will cost me money and as the family grows the cost goes up. That is not good because

I am spending money on my family when I could be saving that money or investing the money in

something to try and earn money to put towards my business. The last major threat I have, and that

everyone has right now, is the economy. With the current state of the economy it is very hard to start a

business. Not many people want to take a risk in a start up business, if it is publically traded. I would

really like to see the economy take a turns towards the better here as I get closer to graduating. If the

business is not publically traded it makes it hard to come up with the money to start a business and be

able to stay above the deficit line, cause the last thing I want to do is invest all money in my business


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