1. Describe five businesses or non-profits that have been created in my field. NordVPN is a virtual private network (VPN) provider that is recognized for providing online privacy and security. It protects user data and privacy by using strong encryption and a no-logs policy. NordVPN is very important in the cybersecurity field because it helps…
Week 5 Journal Entries
1. What are the connections between the disciplines addressing entrepreneurship at ODU? The connections between the disciplines addressing entrepreneurship at ODU are multidisciplinary. This multidisciplinary approach at ODU has launched many different success stories like 3D printing in engineering, delicious baked goods in culinary arts, to clothing merchandise in fine arts. ODU has a great…
Week 4 Journal Entries
1. Why do entrepreneurs get in trouble with the law? Entrepreneurs get in trouble with the law for many reasons, like being unfamiliar with the various legal forms for businesses, as well as their advantages and disadvantages. In some cases, the legal form of your company may require too much cash to pay taxes, leaving…
Week 3 Journal Entries
1. Why do ethics matter in entrepreneurship? Ethics is important in entrepreneurship because having a good reputation is necessary for any business to succeed. Having unethical entrepreneurship business practices can lead to loss of trust and customers. The loss of trust and customers results in a loss of profit and even the failure of the…
Week 2 Journal Entries
1. What is design thinking? Design thinking is a five-step approach that helps entrepreneurs change the way they solve problems for the end users. The five steps of design thinking include: empathize, define, ideate, prototype, and test. In the first step, we empathize and put ourselves in the end users’ shoes unbiasedly to understand the…
Week 1 Journal Entries
1. Am I an entrepreneur? Currently, I am not an entrepreneur. I have never taken the risk of introducing a new product or service for profit. In this class, I will begin my journey in becoming an entrepreneur. I will join a group in this class to come up with a problem that exists in…