BUS6120 MODULE 1 - Copy (16)

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Nexford University *

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6120

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Business

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Nov 24, 2024

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3

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SELF-ASSESSMENT As a consequence, my horizontal surpasses the vertical span, indicating my status as an entrepreneur. I concur with the outcome since it accurately aligns with my own identity as an entrepreneur, a role I have consistently aspired to embody. The accomplishments I have attained thus far provide as compelling evidence of my entrepreneurial aptitude. During my tenure as a medical intern, I founded Health Gist and Medicare International, a healthcare enterprise. My aspiration to witness the expansion of the firm motivated my decision to enroll in Nexford University. Considering this, I will be utilizing the business in that capacity. Developing a platform such as "Health Gist & Medicare International" (www.healthgist.net) has the potential to be a commendable undertaking in pursuit of various objectives. The primary emphasis of the platform was on delivering precise and current information pertaining to a range of health subjects, including medical procedures, preventative measures, healthy lifestyles, and other related topics. Subsequently, the range of services was broadened to include the provision of teleconsultation and medical examination services at accessible rates. The implementation of this comprehensive method holds promise in tackling the pressing problem of limited healthcare information and services in several regions of Africa, commencing with Nigeria and then extending to Ghana. Health Gist & Medicare International (HGMI), accessible via www.healthgist.net, makes a significant and valuable contribution to the worldwide healthcare sector. The primary emphasis of the platform on delivering precise and up-to-date health information has significant importance, as the availability of trustworthy medical knowledge serves as a fundamental pillar in advancing health literacy and enabling consumers to make well- informed choices regarding their overall health. The comprehensive methodology employed by Health Gist & Medicare International possesses the capacity to enhance health outcomes through the dual means of dispensing information and enabling direct engagement with healthcare practitioners. Moreover, placing emphasis on preventative interventions and promoting healthy lifestyles is in line with the concept of proactive health management, which has the potential to yield enduring advantages for both individuals and communities. As an individual engaged in entrepreneurial pursuits, it is imperative for me to enhance my aptitude in innovation and self-reliance. Creativity and self-sufficiency are fundamental attributes that play a pivotal role in the achievement of entrepreneurial success. The synergy between these skills can significantly augment my capacity to create, adapt, and excel inside the realm of business. The impact of creativity and self-sufficiency on entrepreneurship can be summarized as follows:
CREATIVITY The ability to come up with new and useful ideas is what imagination means. Coming up with ideas: Being creative is one of the most important things you need to be a business. Divergent thinking, coming up with new ideas, and spotting possible opportunities that others might miss are all parts of this process. When entrepreneurs try to solve problems, they often run into complicated issues. Intellectually creative thinking helps people come up with new ways to solve problems and handle difficulties with ease. A lot of writers say that creativity is important for new businesses to be competitive (Kao, 1989; Matthews, 2007). The entrepreneur plays a big part in creating and keeping a creative work environment (Cook 1998; Fillis 2002; Fillis and Rentschler 2006; Ward 2004). Setting them apart: In a market where there is a lot of competition, businesses can stand out from their rivals by using creative strategies. When it comes to business competition, using new branding strategies, smart marketing techniques, and successful product development programs can help a company stand out from its competitors and gain an edge. SELF-SUFFICIENCY For entrepreneurs, being self-sufficient is an important part of managing their resources, especially in the beginning stages of their businesses when they may not have enough resources. To be self-sufficient, you need to know how to properly handle your resources, which can include both money and people. Being flexible is an important trait for entrepreneurs because it lets them react to changing situations and make the necessary changes to their business plans. When someone is self-sufficient, they don't need as much help from others and can make quick decisions and changes on their own. To achieve financial security, one must become self-sufficient, which means relying less on money from outside sources. Being independent gives you more power over how your business grows.
REFERENCES Cook, P. (1998). The creativity advantage—Is your organization the leader of the pack? Industrial and Commercial Training, 30(5), 179–184. Fillis, I. (2002). An Andalusian dog or a rising star: Creativity and the marketing/entrepreneurship interface. Journal of Marketing Management, 18(3/4), 379–395. Fillis, I., & Rentschler, R. (2006). Creative marketing: An extended metaphor for marketing in a new age. Basing stoke: Palgrave Macmillan. Kao, J. J. (1989). Entrepreneurship, creativity and organization. New Jersey, NJ: Prentice-Hall. Matthews, J. H. (2007). Creativity and entrepreneurship: Potential partners or distant cousins? In R. Chapman (Ed.), Managing our intellectual and social capital: Proceedings of 21st ANZAM 2007 conference (pp. 1–17). Sydney: ANZAM. Ward, T. B. (2004). Cognition, creativity, and entrepreneurship. Journal of Business Venturing, 19(2), 173–188. Other authors emphasize that creativity is fundamental for new venture competitiveness (Bridge et al. 2003 ; Carson et al. 1995 ; Kao 1989 ; Matthews 2007 ), with the entrepreneur having a central role in developing and maintaining a creative organizational culture (Ahlin et al. 2013 ; Cook 1998 ; Fillis 2002 ; Fillis and Rentschler 2006 ; Ward 2004 ). Other authors emphasize that creativity is fundamental for new venture competitiveness (Bridge et al. 2003 ; Carson et al. 1995 ; Kao 1989 ; Matthews 2007 ), with the entrepreneur having a central role in developing and maintaining a creative organizational culture (Ahlin et al. 2013 ; Cook 1998 ; Fillis 2002 ; Fillis and Rentschler 2006 ; Ward 2004 ). Other authors emphasize that creativity is fundamental for new venture competitiveness (Bridge et al. 2003 ; Carson et al. 1995 ; Kao 1989 ; Matthews 2007 ), with the entrepreneur having a central role in developing and maintaining a creative organizational culture (Ahlin et al. 2013 ; Cook 1998 ; Fillis 2002 ; Fillis and Rentschler 2006 ; Ward 2004 ).
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