1. If you were diagnosed with a life threatening disease, what would your top three priorities be? Would they be different from your top three priorities today? New Priorities: a. My top priority would be, to ensure that my wife and children are taken care of if I pass. b. The second priority would be, to write a journal of life events and current struggles to pass down to children c. Third priority would be, to view life with a different perspective. (Is there a way to get Good from potential bad since old priority three failed) Old Priorities: a. First Priority, work hard and earn enough to raise a family b. Second Priority would be, to take life day by day and enjoy family time c. Third Priority would be to live healthy so that I may enjoy family that much longer. 2. …show more content…
How has technology changed the entrepreneurial process? Has modern technology made starting a business easier or more difficult? Explain. a. Technology has made entrepreneurship much easier in the fact that potential entrepreneurs can research the market and determine the success rate of their product or service. They can determine the niche that can be filled, and identify potential strengths and weaknesses of the product or service. Technology provides an awesome road map to venders, suppliers, customers, and network platforms that will aid in the growth of the company. b. Modern Technology has increased the success and ease of starting new businesses. Along with the above discussed benefits, the avenues for predicting sales, taxes, utilities’, failure rates, success rates, loans and a plethora of opportunities and helpful links to grow. There are smartphones that can collect maintain and categorize assets and liabilities, pay bills, and help make decision right at your fingertips. Starting a business today has to be much easier then 20 years ago. 3. What lessons about entrepreneurship can you learn from Ann
Technology will continue to improve therefore each organization has the opportunity to advance and take advantage of the new techniques and methods that are being used by successful organization that has proven themselves by continuing to provide excellent services for the community and each employee. Now when you see an organization that didn 't make it you ask yourself the question were they ready did they do all that could have been done to save the business, did they hire the correct people, was training offered to all employees, The factors that were stated will make and break an organization if these steps aren 't followed it could lead to failure in the organization.
Information technology has advanced in multiple ways in society, where organizations has implement the structure into their work environment. Industries have outsource their manufacturing to other places in the world and rely on telecommunication to keep the marketing. The geographic distribution has changed significantly by reducing the distance it takes to complete an operation, due to information technology. These are just a couple of examples of how this advanced technology has reshape our society and continuing.
...d, happy, and healthy because if anything where to happen to them their organs could be in danger and that was the main priority.
Also, technology has been a major factor for the addition of Autonomy in the workplace in the past ten years. Video calling services through companies like skype, have allowed employees to be free from the confines of the office space (TR). Technology has given employees the option to work from anywhere they feel the most comfortable. Moreover, technology has also brought lower cost to companies, because they no longer have to fly employees to distant locations for meetings. Also, I want to add that it has decreased the size of the office
As I get older my priorities in life change. When I was in my teenage years my three main priorities were me, myself and I. In my early twenties working, having fun and buying things were my priorities. Now that I am older my priorities in life have shifted. My top three priorities in life are my children, my marriage and my education.
As industry liaison at the School of EEE at NTU, I facilitate industry partnerships and promote entrepreneurship within the school. In the coming months, we will be launching an entrepreneurship ...
List and discuss the 4 most important lessons that you have learned about entrepreneurial thinking this semester in this class. Describe why you find these lessons important and how this knowledge has impacted you. Use specific examples from our class – readings, videos, discussions, activities, etc. Don’t forget to elaborate on your thoughts as you fully discuss your ideas and opinions. (Long answer – multiple paragraphs
During everyone 's lifetime, there is always something we hold closest to our hearts; it maybe our principles we live by, values, and even our own beliefs. Values are those things that are very important to us but never really realize how much we actually value them in our life. Have you ever been asked to define three of your main values and rip them up? I have and I never noticed how much they meant to me. Each and every one of us believes in our own personal values. These values are what gives us strength and strive us to do what makes us happy. These values are very important to us and are standards that we live by whether we realize it or not. Everyone has something we value including me. Some of the values I might think highly of,
But in the use of the term “technology” today, there is far more associated meaning than automobiles or washing machines. It has ushered in an entirely new way of working, and in increasing numbers of organizations, increased options of just where work associated with a particular job will be done. More employees than ever have the option of working at home yet still being employed either full...
Organizations and individuals have to strategically position themselves in order to take advantage of the growing technology and achieve business competitive advantage while at it (DeHaven 2010 pg 1). Technology has enabled globalization; where ideas, products and services have been shared. This has promoted foreign businesses thus helping different economies all across the globe. Different organizations and individuals have realized that technology will keep growing and changing and the best strategy will be to adapt it other than holding to rigid ways of doin...
We learned a lot of things in this course, but I think the most important lesson I learned is that it’s not easy to be an entrepreneur. I was surprised to hear in the first class that 80% of startups fail, but after reading The Art of Start and E-myth Revisited I understood why this happens more often than one might expects. Some people start their own businesses for the wrong reason and some start with wrong mindset. I’ve always thought that if someone has a brilliant business idea and hardworking they will succeed and grow their business. However, now I know that there are many things to consider before starting any business. In fact, there are many strategies that an entrepreneur could follow to achieve success, such as know your customers, work “on” the business, and how
Entrepreneurship is an important aspect of social, economic and community life. It can be viewed as a critical factor to economic growth as well as a way of addressing unemployment (Nolan, 2003).Entrepreneurs are people who are persistently focused on identifying opportunities, they seek to create something worthwhile while taking into account foreseeable risk and rewards associated with the efforts (Nolan, 2003). Furthermore, entrepreneurs are frequently understood to be individuals who discover market needs and establish new business to meet those identified opportunities. The following assignment will firstly discuss the types of entrepreneurship, secondly it will discuss the reasons people become entrepreneurs, and thirdly it will discuss the importance of entrepreneurship.
As seen from the table, generally, the factors influence the values of the students highly. However, culture has a moderate influence probably because of the cultural differences among the respondents. Education, on the other hand, ranks number one among the factors because of the academic goals that the students have set for themselves.
Majalah Niaga(2013); Super Entrepreneur Tip: Do not Ever Stop Trying- edition 26; available from [magazine] pp 30-32. Retrieved on 7 March 2014
Advances in technology have changed businesses dramatically, in particular the communication and information technology that are conducted in firms, which changed the appearance and pace of businesses over the past few decades. ICT in particular, has evolved a lot over the past 30 years; important information can be stored in computers rather than being in drawers enabling information to be transferred at a greater volume and speed (Guy, 2009). ICT has also expanded various forms of telecommunications and workload conducted in businesses, internet examples of this include: e-mails can be used to communicate with others...