In a two- to three-page paper, not including the title and reference pages, addr
ID: 454563 • Letter: I
Question
In a two- to three-page paper, not including the title and reference pages, address the following: •Assess whether you are prepared to operate as an entrepreneur and identify those factors in your personality, business skills, and lifestyle preferences that would support your entrepreneurial efforts. Be honest in your assessment of your skills and abilities. •Analyze your comfort level with risk and present mitigating strategies. •Categorize the important factors to consider in terms of business acumen and list and define the top three priorities when beginning your process. •Explain the motivation to continue moving forward with your business plans. Include examples of motivating factors. •Describe your business experiences and provide historical context and examples.
Explanation / Answer
Starting a small business is not easy. For many people, starting a business means leaving the comfort and security of a regular "day job" to pursue a passion or dream. It will decision in giving your full efforts for your passion.
You may have to give second preference to your comforts, family, joy, friends and even peace of mind.
It our mental state and confidence which makes us a successful entrepreneur.
Some of factors influencing entrepreneurship are;
There is no qurantee of 100% success. How hard you put your efforts, some things wont happen the way you think.
Each small decisions can effect your business.
Hundreds of question go round your head; About the clients, employees, funding, marketing, strategy, new products and so on.
As person you will have to each and everything happening in your firm; its not building a specific area only.
It’s the way how you stand as a BOSS.
But inspite all this it’s the prestige to hold your own baby closed to your heart and work towards its success.
If you for see things in a better angle, you business lead to success.
Never give up your faith in your business, plan it , execute it.
When you plan your business, plan it with a bigger picture, include all the factors effecting your business, whether it’s a smaller helper to a big technology requirement.
Get motivated with your thoughts and success behind your journey, correct the wrong decisions and move forward with a positive attitude.
In an entrepreneurial journey, you not only grow as a professional but you also phenomenally mature as a person. It teaches you to be a survivor.
It gives you strength socially and economically. You will be known with what you wanted to.
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