Describe five business or non-profits that have been created in my field To start off with a business that have been created in cybersecurity, “SecureShield” is one of them. SecureShield is a cybersecurity startup that specializes in developing advanced threat detection and prevention solutions. “Cryptic Systems” is also a cybersecurity consulting firm that specializes in…
Week 5 Journal Entries
What are the connections between the disciplines addressing entrepreneurship at ODU? At Old Dominion University, there are numbers of disciplines that address entrepreneurship. Business is a discipline that connects with entrepreneurship as it covers the aspects of management, operation, and decision making. The Strome College of Business offers an entrepreneurship program that teaches students knowledge…
Week 4 Journal Entries
Why do entrepreneurs get in trouble with the law? Entrepreneurs are required to follow the regulations based on their type of business to meet the specific requirements in that industry. A violation of business regulations will result in legal consequences for the business. Entrepreneurs often need to comply with business registration, taxation regulations, employment laws,…
Week 3 Journal Entries
Why do ethics matter in entrepreneurship? Ethics refer to moral principles and values that individuals use to guide themselves from knowing what is right or wrong, or what is unjust. Entrepreneurs can make decisions for their business that may be ethical or unethical. Ethics is important in entrepreneurship because an ethical company builds trust and…
Week 2 Journal Entries
What is design thinking? Design thinking is an approach that requires problem-solving that focuses on empathy, creativity, and iterative prototyping. Design thinking encourages people to explore alternatives and create multiple options in order to address the needs and desires of humans which then leads to develop innovative solutions. The process of design thinking follows the…
Week 1 Journal Entries
Am I an entrepreneur? Entrepreneurship is for myself, as it is for everyone. I am an entrepreneur because I encounter situations in my daily life that challenges my problem-solving skills and it encourages my mind to generate solutions. As an entrepreneur, I seek for innovation that can result in creating a new service or good…