Entrepreneurship Dissertation Example | Topics and Well Written Essays - 4250 words

Entrepreneurship - Dissertation Example The study has also provided market and industrial analysis and concluded that diesel repair business is a viable business. The study also advises the entrepreneur to invest in bio-diesel as an additional line of business as a way of diversifying the venture. Introduction Pursuit of an entrepreneurial dream starts with a viable dream. Once a new idea is conceptualized and a business plan is drawn and decision made concerning the legal structure, basic tactics such as pursuing an international opportunity or starting a new business venture, and financing issues, one can then embark on the entrepreneurship journey. For most people who venture into entrepreneurship, they prefer a new business rather than already existing business opportunities (Reuvid 2008, p. 16). Some people begin with a desire to begin a business and then look for an idea while others start by having an exciting idea and then consider entrepreneurship. However, there are basic issues that one must consider when consid ering an entrepreneurial venture, one of them is finances, industry concerned, legal issues and potential risks and rewards involved. It is thus important for entrepreneurial to consider various things that would boost or affect their success in the pursuit of small businesses. Entrepreneurship refers to the undertaking of innovations, or business acumen with the aim of transforming the innovations into useful economic goods. The undertaking may result in a new business or new organization. Entrepreneurial activities differ substantially depending on the conceptualized business idea and they range from solo business projects to major undertakings that create job opportunities (Reuvid 2008, p. 16). This study looks into the various key issues that require consideration before starting a new entrepreneurial venture. The study considers the Starting of a Diesel Repair Company in Southwest Virginia as an individual business. The study therefore looks into the various risks and rewards t hat are related to owning such a business, the personal attributes that would be critical in pursuit of the venture and the legal aspects and issues that must be addressed including licensing, and other legal requirements. The study will also explore the local business conditions within the industry involved and the market to examine some of the factors that influence the successfulness of the business. The study is relevant to people who are in pursuit of entrepreneurship and students who would wish to start new business but have not yet developed the relevant skills. Important attributes in entrepreneurship Most successful entrepreneurs demonstrate certain personal attributes such as dedication, creativity, flexibility, determination, dedication, passion, leadership, and self-confidence. Creativity is a spark that drives development of new services and products and pushes for improvement and innovation. Creativity allows for continuous learning, thinking beyond prescribed formulas and questioning. Determination is a strong desire to attain success and it includes ability to continue pursuing even after rough times and persistence. It also persuades entrepreneur to remain motivated and not necessarily by money gained from the business venture. Dedication motivates entrepreneurs to work hard and drive their ideas and plans. Flexibility refers to the entrepreneur’s ability to take a swift move in response to change in market needs. Leadership is the capacity and ability to set goals, creates rules, and ensures follow-through, and accomplishment of the established goals (Mariotti & Glackin, 2011, p. 63). Self-confidence rises from thorough planning since effective planning

Strategy for lisntening and speaking Term Paper

Strategy for lisntening and speaking - Term Paper Example Regardless of the problems with speaking, role playing engages all the students to interact using the new language and to build better conversational skills. Role playing is known to raise learners’ interest in the subject matter (Poorman, 2002) and assist in helping students to understand the concepts that have been taught associated with the foreign language. The role of the teacher in building interest in the role play cannot be understated, and the theory indicates that the educator should be asking a series of questions to help students to loosen their barriers and to set the theme of the role play exercises (Valimareanu, 2010). New language learners often find embarrassment and personal dishonour when they believe that their peers or others in the social environment have misunderstood their second language or failed to comprehend what was being discussed. Through role play, the educator can reinforce that such misunderstandings are normal and serve as a moderator to help with the comprehension process whilst also offering strategies to help better construct conversational skills. ... The strategy for the educator is to first identify the specific objectives to enhance listening development (Richards, 2008). Known as the metacognitive sequence, there is a step known as First Listen in which students are engaged with the instructor who is reading a text in a new language. Students follow along in their own texts where they will circle keywords or specific phrases that they have predicted accurately and are instructed to write down new information that they have heard, but are unfamiliar with (Richards, 2008, p.13). This helps students not only listen more effectively, but understand their own expertise or inability to comprehend as a part of metacognitive thinking. After identifying the strengths and weaknesses related to listening skills, the teacher then promotes a total in-class discussion to look through their failure to comprehend or to confirm their accuracy. This also builds a better self-confidence over the long term. References Lorch, R.F., Lorch, E.P., & Klusewitz, M.A. (1993). College students’ conditional knowledge about reading. Journal of Educational Psychology, 85, 239-251. Poorman, P.B. (2002). Biography and role-playing: Fostering empathy in abnormal psychology. Teaching of Psychology, 29(1), 32-36. Richards, J.C. (2008). Teaching listening and speaking: From theory to practice. Cambridge: Cambridge University Press. Valimareanu, E. (2010). Speaking strategies: Developing communicative skills in English. Dynamics of Specialised Languages. Common European Framework of Reference for Foreign Languages: Communication Proficiencies in Teaching and Learning Specialised Languages, 98-113. Retrieved from