Write your reflection on being an entrepreneur amidst of pandemic. 2. Professional development is a life-long process for individuals. 3. Do you think that you can become a successful entrepreneur someday? Why?
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- Vaynerchuk has been quoted as saying that if you live for Friday, get a different job. How does this apply to successful entrepreneurs?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?3. Why doesn’t being smart easily translate into being rich? 4. How do entrepreneurial dimensions of individuals, environments, and organizations interact to produce new ventures?
- 1. What is Entrepreneurship? 2. What is entrepreneur?1. How would the external and internal factors affect your business as an entrepreneur.Choose three (3) activities that belong to stage 4 of the Entrepreneurial Journey a. Avoid patent fees by not telling anyone how to do what you do; No one else in all humanity will ever have the same idea, I am a GOD b. If I hope an pray, I will be in ten countries next year c. Tell my cousin, mommy and the pretty girl next door about my business, I must get sales d. Nike is in the US, I should name my shoes 'Nikee' with a white swish and place it on social media, Nike will be cool with it e. Developing a growth strategy f. Developing and securing IP g. I am a global operator, I can sell items via social media to my peeps in the US, I will figure out how to get it to them from Jamaica sometime in the future h. Marketing
- Which Common Myths about Entrepreneurs do you know? Which one seems more realistic for you?1. Why are businesses important in the country? In community? 2. What are the 5 steps in the pursuit of an entrepreneurial procedure? 3. What is the Imperfect competition that refers to any form of market structure other than perfect competition?discuss the objectives of an entrepreneur. use the below points as part of discussion 1. To gain control over one’s destiny 2. To reach full potential 3. To contribute to society and be recognised for their efforts 4. To start a new career 5. To make a profit
- 1.What are some reasons for success or failure of entrepreneurs?2.What are the widely used legal structures for entrepreneurs? Explain each one and its implications for paying taxes.3.What method is commonly used to research trends in the market?4.What need in the market does your product or business fill?5.What are the four Ps of Marketing? Explain each one, you can include examplesSuccessful entrepreneurs are willing to take risks, explore new ideas, and ask questions when required. Discuss if you agree or not.Why do you think you can be an entrepreneur?