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Entrepreneurship Case

Autor:   •  September 5, 2017  •  2,039 Words (9 Pages)  •  726 Views

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Confidence comes from the thorough plan, thereby reducing the level of uncertainty and risk.It also comes from professional.Self-confidence allows entrepreneurs to listen to and not easily shaken or intimidation.

"Wisdom" is the term describing common sense and knowledge or experience in a related business or effort.The former gives a person with a good intuition, the latter, specialty.Many people have this kind of ability, they don't know, a person successfully control the family budget organization and financial skills.Employment, education and life experience all contribute to wisdom.

Every entrepreneur has different degree of these qualities, can learn many skills.Or someone can hire have advantages, lack of entrepreneurs.The most important strategy is to need to pay attention to the advantages and construction.

Why Become an Entrepreneur?

What makes one person your business and entrepreneurship? A person may have fired once or more. Sometimes, a person on his or her current job, did not see any better occupation prospects on the horizon. Sometimes a person aware of his or her work be placed in jeopardy. A company might consider cutting may end or limit the career or salary prospects. Maybe someone has been promoted. Some people may think that no chance of existing business and his or her interest and skills of people.

Some people actually mind working for someone else. They are against a system that rewards are usually based on seniority rather than achievement, or they must comply with the company culture.

Other people decide to become entrepreneurs, because they are disillusioned bureaucratic and political participation of leading in an established business or industry. Some tired of trying to sell the product, service, or way of doing business, is in the mainstream business of the Large Firm.

In contrast, some people are attracted to entrepreneurship by the advantages of starting a business. These include:

·Entrepreneurs are your own boss.They make a decision.Who they choose to do business and work, what they will do.What time they decided to work, whether and how to pay and leave.

·Entrepreneurship, provides an implementation of the possibility of a major financial returns than work for someone else.

To participate in all business operation, from concept to design and create, from sales to business operations and customer response.

·it provides the credibility of the person in charge.

·it will give a person a chance to build a stake, can keep, sell, or passed on to the next generation. Entrepreneurship to create a people the opportunity to contribute.Most of the new entrepreneurs to help the local economy.Through their innovation, contribute to society as a whole.One example is the entrepreneur Steve jobs, apple co-founder in 1976, lit the subsequent desktop computer revolution.

Some people evaluate the possibility of jobs and careers where they live, to make rational decisions, the pursuit of entrepreneurship. No more effective than another one of the reasons;No guarantee of success.Entrepreneurship strong desire, however, coupled with a good idea, careful planning, and hard work, leads to a very attractive and profitable.

Creating a Business Plan

A comprehensive business plan is crucial for a start-up business. It defines the entrepreneur's vision and serves as the firm's resume.

There are several reasons to write a business plan:

·Convince yourself, new risks are worth in the major financial and personal commitment.

·Goal setting and remote assistance management plan.

·Attract investors, obtain financing.

·Explain, business to other company, it will be useful or create a union contract.

·To attract employees.

Business plans can help entrepreneurs proper allocation of resources, dealing with unexpected problems, make the right business decisions.A well-organized plan is an important part of any loan application.It should specify the business to repay borrowed money.Entrepreneurs should also consider all startup costs and potential risks, so as not to appear naive.

Create two plan some entrepreneurs: file for use within the planning and publicity materials to attract foreign investment. In this case, the information in each plan is basically the same, but the focus is different. For example, an internal document, the purpose is not to need a detailed biography of the guidance of enterprise management. However, in the marketing and management background and experience of the plan may be the most important feature.

Some entrepreneurs create two plans: plan to use internal documents and publicity materials to attract foreign investment. In this case, the information in each plan is basically the same, but the focus is different. For example, an internal document, the purpose is not to need a detailed biography of the guidance of enterprise management. However, in the marketing and management background and experience of the plan may be the most important feature.

Conclusion

In today's high-speed economic development, as a particular type of increasing marginal returns productivity value of human capital, entrepreneurs in the process of enterprise development, social and economic progress, playing an increasingly important role.People also more and more profoundly realize: the rise and fall success or failure of the enterprise, whether by cater to tide, the real entrepreneurs to master the operation of enterprises;Entrepreneur's growth and change are the key to keeping enterprise continued growth and sustained economic development.

People know that the entrepreneur has been defined as the owner of the social and economic development is the most scarce elements, is the main source of economic growth in productivity: entrepreneurs is to organize various elements of production, and through continuous innovation to change its combination with economic growth.Now, with the entrepreneur's huge role increasingly known for the world, entrepreneurs will certainly in the 21st century economic theory plays an more important role.

Now entrepreneurs is becoming more and more functions,

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