Many entrepreneurs take initiative and do market research on a business idea before starting the business, or before even deciding to pursue the idea at all. Do you feel this is a good idea? Why or why not?
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Many entrepreneurs take initiative and do
Entrepreneurs are at the forefront of creating novel systems and technologies that will ultimately transform society. These adjustments are linked to a better way of life, altruistic behavior, increased morale, and prudent financial decisions. Consequently, planetary, global, and regional changes occur together with societal changes. An entrepreneur is someone who runs a company to help them in their endeavors and aspires to create a respectable good or service that people would buy.
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- There several myths about entrepreneurs, including:- Entrepreneurs are born, not made. - Entrepreneurs are gamblers. - Money is the key to entrepreneurial success. - You have to be young to be an entrepreneur- You have to have a degree in business to be an entrepreneur. Describe your perceptions about any entrepreneurs in relation to the above myths. Are the myths true or false? Why or why not?Creativity and innovation are vital components to entrepreneurial success. Innovation for a start-up is imperative. Why is it important to find a company on values that support innovation ?Does a person need to be innovative to be considered an entrepreneur? Can an activity be considered to be entrepreneurial if it is not innovative?
- Click on the following link http://www.npr.org/podcasts/510313/how-i-built- this which will take you to the NPR podcast "How I built this". Choose a business/entrepreneur and summarize how the entreprenuer built a success company. What were some of the struggles/hardships he or she endured along the way?The criteria for the greatest entrepreneurs to be considered were simple. If they had the vision to create new markets and change the way people lived in the process, then they were candidates. Review the 25 Most Important Entrepreneurs of the Past 25 Years. https://www.worth.com/25-entrepreneurs-25-years/ I found these two descriptions about these people below: STEVE JOBS COFOUNDER, APPLE » BIO: Born in San Francisco in 1955, Jobs started Apple Computers with Steve Wozniak in 1976. A decade later, the two parted ways when Jobs left the company, but he returned in 1997 to turn it around—and he changed our relationship with tech and the internet with the creation of the iPhone and iPad. He died in 2011 following a battle with pancreatic cancer. » TAKEAWAY: Design matters, even when you can’t see it. It always came first for Jobs. “Customers don’t know what they want until we’ve shown them,” he famously said. His obsession with detail and careful design—and his ability to wow an audience…What is really a great idea? And how an entrepreneurial mind-set relates to ideas and opportunities? 150 words
- As the owner of a year-old Dog Spa and Grooming business, you recently engaged in a time of reflection on your entrepreneurial journey. Having completed the reflective process, it is now clear to you that entrepreneurship requires the application of creativity and innovation to solve problems and capitalize on recognized opportunities. For this assignment you are required to do the following: Discuss what entrepreneurship mean to you and describe two (2) entrepreneurial traits/characteristics you possess. Use examples from your life experience to support each trait/characteristic. Identify one (1) innovation you currently enjoy and discuss how it adds value to your life. Develop two (2) innovative strategies to enhance creativity at your Dog Spa and Grooming business.Successful entrepreneurs are willing to take risks, explore new ideas, and ask questions when required. Discuss if you agree or not.As a student and member of this society, what do you think are the benefits YOU derive or experience from entrepreneurship? Has it improved your life one way or another? Explain in detail. You can cite examples to prove your point.
