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    Entrepreneur Reflection

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    natalie romualdo
    This reflection discusses the characteristics of successful entrepreneurs. It states that entrepreneurs must be risk-takers who are passionate about their business ideas and goals. They must be willing to take on greater responsibility than employees in order to fully develop themselves and reach their potential. The reflection also notes that entrepreneurs must have leadership skills to manage employees, address problems, seize opportunities, and focus on the four Ps - product, place, promotion, and price. Finally, it emphasizes the importance of communication, using local resources to support the economy, and maintaining a positive attitude when facing challenges.

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    Entrepreneur Reflection

    Uploaded by

    natalie romualdo
    10 views1 page
    This reflection discusses the characteristics of successful entrepreneurs. It states that entrepreneurs must be risk-takers who are passionate about their business ideas and goals. They must be willing to take on greater responsibility than employees in order to fully develop themselves and reach their potential. The reflection also notes that entrepreneurs must have leadership skills to manage employees, address problems, seize opportunities, and focus on the four Ps - product, place, promotion, and price. Finally, it emphasizes the importance of communication, using local resources to support the economy, and maintaining a positive attitude when facing challenges.

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    Entrepreneur reflection

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    This reflection discusses the characteristics of successful entrepreneurs. It states that entrepreneurs must be risk-takers who are passionate about their business ideas and goals. They must be willing to take on greater responsibility than employees in order to fully develop themselves and reach their potential. The reflection also notes that entrepreneurs must have leadership skills to manage employees, address problems, seize opportunities, and focus on the four Ps - product, place, promotion, and price. Finally, it emphasizes the importance of communication, using local resources to support the economy, and maintaining a positive attitude when facing challenges.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    10 views1 page

    Entrepreneur Reflection

    Uploaded by

    natalie romualdo
    This reflection discusses the characteristics of successful entrepreneurs. It states that entrepreneurs must be risk-takers who are passionate about their business ideas and goals. They must be willing to take on greater responsibility than employees in order to fully develop themselves and reach their potential. The reflection also notes that entrepreneurs must have leadership skills to manage employees, address problems, seize opportunities, and focus on the four Ps - product, place, promotion, and price. Finally, it emphasizes the importance of communication, using local resources to support the economy, and maintaining a positive attitude when facing challenges.

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    Natalie Romualdo

    Grade 12- Saint Padre Pio

    Reflection

    An entrepreneur is a risk taker, it is a characteristic of an individual to be a successful in achieving


    his/her goals in business industry. When starting a business we can already visualized what we want
    and that’s our goals. But before achieving that goal, we should have the passion in what we are
    doing, interests in the business is needed because if you don’t have that you cannot attain success.
    We should have our own expectation in life like achieving dreams in life, house, high income because
    through this it pushes us to be more to the better version of our selves. Being a owner is much
    better that being an employee because if we think about it being employee has less responsibility
    that’s a good thing but it will not develop us and yes we can provide our need but is it enough, being
    an employee is just the beginning, just a stepping stone. While being the owner is taking a big
    responsibility, spider-man said “with great power comes great responsibility”. But through this we
    develop and reach our fullest potential. Before we can called ourselves an efficient entrepreneur,
    there are journey we have to face like failure and don’t expect it to be easy, but through that we
    learn, gain, expand our knowledge and of course to get up and stand.

    To be a true entrepreneur we should have leadership skills, which the owner can apply to his/her
    employees in handling them with their works. Everyone has strength that serves as our guide and a
    weakness that should be develop. An entrepreneur should know how to manage a business,
    addressing his/her problems and know to crab an opportunity because it will have great impact to
    the business. Taking a risk is not an easy process because we don’t have any assurance that we
    success or fail and the business is contingent. We have to take a risk weather it is about the product,
    place or people because opportunity only comes once that’s why we have to take a risk and crab this
    change. We also have to learn how to turn a problem to be an opportunity. We also have to focus on
    the 4Ps because it is important and makes the business run.

    In addressing a problem within the business, the owner should conduct a meeting to be able to talk
    the conflicts, misunderstanding and complains. The owner and employee need to be communicate
    to have a good relationship to have a strong bond but also to the customers to be loyal and also to
    the supplier of goods. And it’s much better if the business helps our economy like the raw material
    that needed to the product and services is came from our economy, we should use local product not
    the imported once so we can also help our economy to develop and became successful. Every
    business has its own problem and its common, we cannot control it but we can solve it. In
    encountering a problem or failure, we should manage it positively because through this way we can
    lessen the burden that the problem gives us and just focus on the solution. An entrepreneur has
    great power, comes great responsibility.

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