The Skills And Qualities Of An Entrepreneur Business Essay

The Skills And Qualities Of An Entrepreneur Business Essay It might be easier to think about the new ideas and might also be easier to develop a business based on the ideas. But it is not easy to take action day in day out continuously when the results were not going in your way. However its proven that often successful entrepreneur displays high level of persistence and commitment. Its what count. Goal Oriented: Entrepreneurs love to set goals and will be satisfied once they reach it. Normal human beings have tendency to find satisfaction in their accomplishments. However they write down the goals and check them daily and review them regularly until they achieve their goals. Decision Making: Ability to make a correct decision is a core skill of an Entrepreneur if they want to be a successful. They make sound decisions where they want to go in to from the experience they have. Decisions include how to proceed with marketing, funding, product production , vendor selection and bunch of other decisions to be made. The key is to be critical and learn from the mistakes rather than avoiding taking decisions. People skills: No matter what kind of business they are in, they are in people business. Even they are in Hair dressing business its the people who decide to use ones services over the competitors. So they should be ready deal with the people. This is the skill every successful entrepreneur has. In business world dealing with dealers, vendors, customers, investors, the press or the employees will make difference between success and failure. Ethics and morals: Ethics and morals are the foundation for very good qualities of entrepreneur. Every entrepreneur must decide what their business stands for and should not stray from their path. Some entrepreneur will shut their doors because money outshines their morals and what they stand for and it will create a bad name for their business. Time Management: Every minute is valuable. This cannot be emphasized enough. This is essential for an entrepreneur to do effective business. Every available should be utilized effectively by learning new skills rather than wasting it. Sales: As an entrepreneur they should figure out what kind of sales they prefer and what product services they offer. If the entrepreneur worked before in retail sales or advertising they have the edge over the others. All entrepreneur will benefit from sales seminar and motivational programs. Introduction about the entrepreneur that I interviewed: Mr.Vasan founder of VDMIE Pvt.Ltd. Graduated as a Computer Engineer from IIT Madras in the year 2006. Like any other people he doesnt want to work for a company, he wanted to do something different from normal. He wanted to make a change in the society by helping people in the form of providing job for them. Hence he started his own company. His first business was creating Smileys and Emoticons for different websites. He named it as Humecons (http://www.humecons.com/HomePage.aspx). He did this business as part time. He knew this business will eventually wont give much of a profit. Soon he started his second venture business called virtual makeover. This business is all about virtually dressing you up through online and you can see yourself whether that particular dress or hair style or even gold ornaments and sun glasses too is suitable is to you or not(http://www.1000lookz.com/). The idea is very simple and the toughest part is making that idea in to reality. He did this with ease. First he started writing codes for different companies who wants too put up their products online for virtual makeup for the end user. As the time went by and also due to the sudden rise of Apple and Android based smart phones made his business more profitable than ever before, reaching more and more users every day. The expected revenue for the year 2011 -2012 is 200,000 USD which is phenomenal for the 3 year old business. His skills and qualities: Persistence: His first business wasnt profitable but he didnt give up easily, he did hang in there thinking new ideas, tweaking his thinking process. Hence he came up with the new business ideas which were an instant success. He attained the outcome for the hard work that he put in during difficult times. He persisted with commitment. Goal Oriented: He set goals for the future, and he knows what he wants to do for the next 5 years. According to that he hired new people for his organization. Due to this quality of his he attained results in terms of profit. If there is no goal he couldnt have achieved this success easily. Decision making: He made lot of decisions which was the difference between success and the failure. He decided to go for cost effective method rather than expensive method. His organization is small with 16 employees but the work they are doing is very big process and they cover huge customer base through different platforms. So due to his decision making skills they are making good profits. People skills: In his line of business the difference between success and failure is how you deal with different people. He is doing well in terms of people skills, because he managed to get the contract with the mobile giants like Google and Apple and different other private vendors. This was made possible because of the quality of his product and usability across different kind of people in different geographical locations. Ethics and morals: He stood for the quality of product rather than any product which gives him the money. For him money comes second, he stood by his morals and ethics till now which was the good sign for a successful entrepreneur. He wants to do good service and product offering rather than false promise. He maintained to do that part well. Time management: Time management is crucial for any kind of business. There are lot of people depend upon the product of yours, if the product is not delivered in time business will get affected. He planned everything in such a way that there wont be a delay in his product completion and distribution. This is also one of his qualities which were crucial for his business. Calculated risk taker: He is not a gambler but then he did take lot of risks but it was well thought and calculated rather than reckless which helped throughout his business career. He went in to software programming business which was well occupied at that time he entered in this business, but he was so sure his product will be preferred among the competitors. Cautiotly optimistic: Every entrepreneur dont have negative frame of mind. He always expected the unexpected and waiting optimistically for his time and he did manage to do well and he got the results after the strings of failure. It is not easy to compete in a market where competition is fierce. His quality of being optimistic made the difference for him. Finance: One of the important parts of business is financing it. He financed his business by doing part time high end consulting job for companies in America. He didnt depend upon investors and bankers for the source of money. Hence he is free from any debts. What did I learn from this interview? I learnt few things from this interview which will come in handy in future when I start my own business. They are How to start a business How to sustain the business How to start a business? I learnt that answer to these questions cannot be explained in a single word. Its a lifelong process and you need commitment and patience and also should be ready for a heart break. Should know what am I doing: Am I going to start a new business or start a business which is already existing, shall I buy into a business or join multi-level marketing or I could go with something I love or something which will make money. There are so many options out there and it is not easy to decide which way to go. But I feel I should do a business which I love because it will give self-satisfaction. 2. What are the things that I need to start business: After deciding what business to go in one has to find out do I have necessary skills, say if one wants to do catering service one should have a good cook, if I want to start a online business I should know basic HTML. I should make a list about what business needs and what I need to achieve success. Then I have to check do I have knowledge and skills if not have to find a way to get it. 3. Financial constraints: This is the basic question where every entrepreneur will ask themselves when they start a business. This will impact a business at start. Say for example if I want to start a restaurant business but I have only 2000$ and couldnt find investors or cant get a bank loan then I have to rethink my entrepreneurship ambitions until financial situation improves. To find out about how much money needed to start a business one has to do complete and honest market research before they start a business and also come up with strong business plan. 4. How much money will I make? The revenue depends upon so many factors and it is really hard to find. Because the estimation often varies and I can ever know until I try it. But having some kind of idea will motivate me to work. So it is recommended to have a high estimate to achieve greatness. 5. Exit Strategy: Having a exit strategy doesnt mean that giving up. It is all about planning and one should know when to say good bye. Exit strategy should tie with objective of the business. One has to decide between selling the company for a sizeable sum or start a new business. Those who dont have exit strategy will struggle to meet the goals that they set for their business. A realistic exit strategy is crucial part of the business plan. How to sustain the business: By maintaining the positive cash flow: This can be done through various safety measures and proper budgeting and also finding out only necessary resources rather buying resources and wasting it. By having a competitive advantage: This can be done by introducing new technology in the business rather using the old time consuming process. First mover advantage: To sustain the business one has to diversify their business by moving to new location and gaining advantage there. Proper Advertising and Marketing: Advertising is one of the important piece of sustainable strategy, without that existence of the company wont reach the people. Hence proper care should be taken to ensure enough money is been divided for marketing and advertising alone. I conclude by saying that the person I interviewed is indeed an entrepreneur and doing legitimate business in Chennai, India. In the process I personally learned a lot about what business is all about and the part of an entrepreneur in it.

A Format Paper Essay

Paragraphs in a Poetry Analysis Essay: Note: It is important to follow the guidelines for each paragraph as you would a cooking recipe. In other words, for each body paragraph, follow the simple ingredients. Format/Recipe for an Introduction: a). Write one to two sentences that briefly summarize the poem. Your first line should state the name of the poem, the poet’s full name, and the speaker’s intent or main idea. Note: For example, if you were writing about Shakespeare’s Sonnet 18, your first line would look something like, â€Å"William Shakespeare’s ‘Sonnet 18’ discusses the conflict that the speaker faces in trying to preserve the beauty of a young and innocent man. †Notice how this opening line follows the above instructions. b). Write about to three sentences that allow you to transition to the element that you will be discussing in your paper. This part is not your argument; this part is designed to transition yourself and your reader to the main point of your paper. ). Write a one to two sentence thesis statement. Your thesis statement will state your overall argument and include at least three rhetorical devices that you will analyze in order to support your argument. Note:For an in-depth discussion on constructing a solid thesis statement for this type of essay, feel free to refer to my previous article in the link provided here:Thesis Statement for a Poetry Analysis Essay Format/Recipe for Body Paragraph 1: a). Write one to two sentences that provide a discussion of your argument. Be sure to also mention one rhetorical device that you will use for support. This part of your paragraph should explain your argument and explain how and why the rhetorical device supports your claim. b). Quote a relevant line/lines that illustrate the rhetorical device that you are discussing, and make sure the quote is relevant to your argument. c). Write about two to three sentences that analyze this quote. Your analysis should reinforce your argument and your discussion of the rhetorical device. d). Write one closing sentence to seal off the paragraph. Format/Recipe for Body Paragraph 2: ). Using a transitional phrase, write one to two more sentences that further discuss your argument. Also, mention another rhetorical device that you will use for support. Your rhetorical device should be different from the first one that you discussed. However, this paragraph is set up just like body paragraph 1. b). Pick another relevant line(s) that support your claims about the second rhetoric al device. Again, make sure that the line(s) are relevant to your argument. c). Have about two to three more sentences that provide an analysis of these quoted lines. Just like body paragraph 1, your analysis should support your argument and the rhetorical device that you are discussing. d). Provide one closing sentence that seals off your paragraph. Format/Recipe for Body Paragraph 3: a). Starting with another transitional phrase, write one to two sentences that discuss your overall argument even more. Just like body paragraph 1 and 2, this paragraph will also include a discussion of a rhetorical device that proves your argument. Your rhetorical device needs to be a different from your first and second body paragraphs. When it comes to content and organization, body paragraph 3 will look just like body paragraph one and two. b). Provide a different line or lines that further emphasize your argument about your third rhetorical device. These lines need to relate to your argument. c). Just like body paragraph 1 and 2, include about two to three sentences that analyze your quoted lines. Just like body paragraph 1 and 2, your sentences should prove your argument, and show the reader how the rhetorical device that you are discussing illustrates your claims. d). Seal off your paragraph with one concluding sentence. Format/Recipe for a Conclusion: a). Write about one to two sentences that re-mentions your thesis statement from letter â€Å"c† in your introduction. Be sure to re-phrase your sentence structure so that you are not repetitive. b). In about three to four sentences, re-mention the rhetorical devices that you discussed to support your argument, and reiterate how these rhetorical devices proved your point. c). Write about two intelligent closing sentences that offer your reader some insight or philosophy about the poem that you wrote about. Editing:

A Secret Weapon for Social Media Persuasive Essay Topics

A Secret Weapon for Social Media Persuasive Essay Topics In reality, the list below outlines 20 possible essay topics that you might want to take into consideration when writing an argumentative essay on social networking. The thesis gives you a guideline on the best way to go about with writing the essay. Students who need to compose a great research paper on the topic have an excessive amount of work to do. There are lots of media essay examples on our samples page that may provide you with a gist of the exceptional work to anticipate from our pro writers. The Importance of Social Media Persuasive Essay Topics The media has a significant effect on body image. Though social networks may be used to cause a particular quantity of harm, it does an equal quantity of good. The usage of social media not only contributes to violent behavior, but in addition causes social and emotional alterations. The excessive use of social media has brought about plenty of strain and unhappines s in teens, and there's no excuse for it. Facts, Fiction and Social Media Persuasive Essay Topics There's a great difference amid staying up to finish work and not likely to sleep as a person does not wish to miss anything being posted on social networking. Preferably, it must be something that you're an expert in. There is, in addition, the issue of understanding how much info to share and that which you ought to avoid. The sort of information which Becky just got new automobile interior is totally useless in the very long run. Basically, your speech has to be constructed of arguments that are clear and logical. A persuasive essay has to be based on sound logic and have to contain factual proof to back up the argument. Your thesis ought to be relevant so the write-up can use a structure that's flexible in order to fit in the shoes of the readers. The purpose of this kind of essay is to encourage readers to accept a specific viewpoint or act in a specific way. Especially, it's important that we understand and regulate using social networking by young children. Social media has led to the mental health of young individuals to deteriorate. Over the years they has become more welcome in schools. They is regarded as an addiction and many people are becoming addicts every day. In the past few years, the development of social media has dominated the web. Consequently in addition, it becomes quite important to comprehend and gain a `media literacy' that can teach us to deal with the current cultural atmosphere. Inspiration to make your own advertising or media argumentative essay topics isn't tricky to discover. Instead of just immediately writing about your argumentative essay topic, you should first think about what it is you're likely to put back on your paper through a procedure of brainstorming and pre-writing. If you're writing an argument paper about social networking, you may be inclined to argue the positive facets of social networking. Understanding how to compose a strong argumentative paper will help you advance your very own argumentative thinking. There are several different social networking sites it can be tricky to distinguish the difference between them. Since the function people can interact online through social networking, chat or share information with one another. Social networking is a medium for individuals to stay in contact with their buddies and nearest and dearest. These days, plenty of individuals are using social media including Facebook, Twitter, Tumbler and so forth. Social media sites might also be employed to network professionally. So, it's obvious that social media exists only as a result of folks who share data and enable everybody to utilize it. Social media has taken the world by storm through dozens of sites, mobile apps, and other kinds of technologies improving how people communicate with one another. They should be an entertaining thing for all people to be able to play games, and connect with distant friends and family. Some people think that social media addiction is a myth, but others argue it is an actual thing. Getting in a position to compose a strong argument will allow you to succeed in society. Besides bullying, many young individuals suffer the outcome of unregulated social media on account of the high competition there. It is impossible to create real relationship if people don't meet face to face. When picking the topic for your essay, you have to ensure that you're picking something that's very specific too. If it 's necessary to write your whole essay in 1 day, do your very best to give yourself breaks so you don't burn out. It's possible to opt for an intriguing topic from any area of science. Recent argumentative essay topics that are related to society is going to do. When you are finished with your essay, you must not simply check it for spelling and grammatical errors, but nevertheless, it also has to be checked for logical fallacies. It's also essential to pick a topic based on its complexity so you can debate it fully.

Character Analysis Of John Worthing In The Importance Of...

Ranika Blakeney ENGL 210 First Draft Instructor Schroeder November 24, 2017 Character Analysis of John Worthing A sincere individual is somebody who hones determination, earnestness, or more all genuineness. That being stated, it is hard to locate a male character in the play who has each of the three characteristics of genuineness. In spite of this, one of the lead character of the play The Importance of Being Earnest by Oscar Wilde engaged and charmed their readers and audience for more than one hundred years. In spite of this, the lead characters of The Importance of Being Earnest engaged and charmed gatherings of people for more than one hundred years. However, the male character in which the work impacts the most in the play is†¦show more content†¦What else should bring one anywhere?† (3). Along these lines, regardless of his stuffy outward appearance, Jack is a pleasure seeker. He is likewise a liar. He has imagined a modify conscience, an anecdotal sibling named Ernest. His life in the country has been tedious to the point that he need ed to make motivation to relinquish his grim and loyal persona. To clarify Jack states, â€Å"When one is placed in the position of guardian, one has to adopt a very high moral tone on all subjects. It’s one’s duty to do so. And as a high moral tone can hardly be said to conduce very much to either one’s health or one’s happiness, in order to get up to town I have always pretended to have a younger brother of the name of Ernest, who lives in the Albany, and gets into the most dreadful scrapes† (8). Regardless of his tricky nature, Jack is earnestly infatuated with Gwendolen Fairfax, the little girl of the privileged Lady Bracknell. In view of his want to wed Gwendolen, Jack is restless to murder off his other personality Ernest. The issue: Gwendolen believes that Jacks name is Ernest. As far back as she was a youngster, Gwendolen has been charmed by the name. Jack chooses not to admit reality of his name until the point when Gwendolen compels it ou t of him in Act Two in which he states, â€Å"JACK: It is very painful for me toShow MoreRelatedWill Love Succeed For The End?1152 Words   |  5 Pages The superficial characters in the story, The Importance of Being Earnest, fall in love with each other for other reasons than love itself. The importance of the family tradition would include, money, fame, the names glint of wonder, and the wealth of all their past ancestors. This and this alone meets the criteria for these four lovers. So the questions remain throughout the story, will these couples prosper unbroken and sturdy through life’s vigorous struggles? Jack Worthing who held a doubleRead MoreA Critical Analysis of Oscar Wildes Importance of Being Earnest3101 Words   |  12 PagesSincerity and Manners 7 The Dual Identity 8 The Critique of Marriage 8 Idleness of the Aesthete and the Leisure Class 9 The Plot vs. Characterization 9 The Analysis of Character 9 The Structure Analysis of Plot 10 The Title of the play 11 Conclusion 12 Critiquing Play Introduction The play, The Importance of Being Earnest, is written by Oscar Wilde and was first performed in London at St. Jamess Theatre on fourteen February of the year of 1895. In order to escape burdensome socialRead MoreA Streetcar Named Desire: the Importance of Being Earnest9437 Words   |  38 PagesThe Importance of being earnest Themes Themes are the fundamental and often universal ideas explored in a literary work. The Nature of Marriage Marriage is of paramount importance in The Importance of Being Earnest, both as a primary force motivating the plot and as a subject for philosophical speculation and debate. The question of the nature of marriage appears for the first time in the opening dialogue between Algernon and his butler, Lane, and from this point on the subject never disappearsRead MoreThe Importance Of Being Earnest By Oscar Wilde1243 Words   |  5 Pagescontroversial playwright, eminent author Oscar Wilde produced critically acclaimed literary works that defined the essence of late Victorian England. Posthumously recognized for his only novel The Picture of Dorian Gray and satiric comedy The Importance of Being Earnest, Wilde initially acquired criticism for his immoral and unconventional style of writing. Additionally, to his dismay, strife followed Wilde in his personal life as he was notoriously tried and incarcerated on allegations of â€Å"gross indecency†