Barstow Community College Entrepreneurial Endeavour Discussions

1, Consider an entrepreneur you know personally. What was the most significant reason for his or her following an independent business career? If you don’t already know the reason, discuss it with that person.

The motivators/rewards of profit, independence, and personal fulfillment are the reasons that individuals enter entrepreneurial careers. What problems might be anticipated if an entrepreneur were to become obsessed with one of these rewards—for example, if he or she had an excessive desire for profit, independence, or a particular life-style?

2, respond to two student posts below

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Consider an entrepreneur you know personally.

What was the most significant reason for his or her following an independent business career?

An entrepreneur I know personally would be my father He owns his own Beef Jerky business. Thinking about the most significant reason for his following an independent business career I notice how much he is a self starter He is very motivated, disciplined, organized, follows a timeline throughout the day in order to purchase his product and prepare his ingredients for distribution. He makes sure to build a relationship, time for ganging new clients and maintain the ones he has already.

My father has a gift of making over 60 flavors of beef jerky which really motivates him each week to add more and more flavors to his jerky business . He dreams of having his jerky all over the world. He enjoys his independence and enjoys using is talent. and loves to sell his product himself.

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The entrepreneur I know personally said the significant reason for her following an independent business career was to follow her dreams and make something happen that no one believed would be possible. With courage and endurance, she started her own business with a small amount of capital and not a lot of encouragement. Needless to say, she’s opened three businesses and invests in ventures to help others to follow their dreams and make things happen.

If an entrepreneur were to become obsessed with an excessive desire for profit and is comfortable with a particular lifestyle might run into problems when money isn’t coming in as predicted and certain personal spending will have to be reduced, and changes will have to be made. Sales tactics need to be improved and product might also need improvement to move forward. After these things are put into place profits will begin to rise.