If you are creating and following a personal budget, this will help you create and follow your entrepreneurship budget. Following a budget for your personal life prepares you to follow a budget in your business life. If you are having trouble in your personal finances, this could also adversely affect your business budget. When most…
Author: dbell009
Why do ethics matter in entrepreneurship?
In order to have a successful business, ethics must play a big role. If you are an ethical entrepreneur, you will make decisions that will benefit your company and increase your reputation. Most businesses depend on word of mouth to get their ideas and businesses to grow and become profitable. If you make unethical decisions…
Can a successful venture be unethical?
In my opinion, yes, a successful venture can be unethical. When an entrepreneur comes up with an idea, they can make both ethical and unethical decisions. Take for example a pharmaceutical company who has created a cure for pancreatic cancer. This company has conducted several clinical trials with much heralded success for the most part….
What opportunities have I missed?
The one opportunity that I can think of that I missed is where I was too proud to ask for help early in my college career and I struggled with one subject for 3 semesters, which caused me to receive my associate degree much later than I anticipated. I could have prevented this delay just…
What are the connections between opportunities and planning?
In planning you analyze what you want to create by looking at all the opportunities and new innovations that are in the horizons. Opportunities and planning work hand in hand together. When you create something you create opportunities to help another person.
What is design thinking?
Design thinking is a way to show people that there is more than one way to solve a problem, by using ways that they would never think would work. It uses a framework that involves thinking about what the problem is, how you can go about to solve it and then taking the steps to…
What is my role in this ecosystem?
Wow, this is a thought-provoking question. I believe that my role in the ecosystem is to be the best human that I can, by going to school, learning to become a good law-abiding citizen and being a success at my chosen field. This means to learn to work together with people, to use or interdisciplinary…
How does ODU view entrepreneurship?
ODU believes that anyone can be an entrepreneur. It is a way of people taking their ideas, brainstorming, and using your problem-solving skills to come up with at least a minimal working solution. ODU is not looking for perfection, just that you have some sort of success. ODU believes that “knowing how to get there…
Am I a self-starter? How well do I follow through on my ideas?
I have had problems with being a self-starter, but taking classes online helps with this problem. I know that I have certain tasks to complete, so I just get in there to complete them. When it comes to my personal life, if I am doing a project I sometimes need some encouragement, but the job…
What is success?
Success is having a positive outcome on what you are trying to achieve. Success doesn’t necessarily mean that everything you wanted to happen happened, it could mean that you through your first hurdle. Think about it this way, when doctors and scientists were trying to find an absolute cure for Covid-19, they came up with…