Tuesday, January 7, 2014

DAY I

Entrepreneurs Recognize Opportunity.

   Why did I take this path? what made me walk through the academics of "Entrepreneurship"
Simple for one I want to become a business women with my own business. Wow that
was very simple. I have been thinking of a product to start my own business and even
better I have seen how it works. At least some clue in how it works,
but we will get to that later on.
   Newton's third Law states, that for every reaction there is an equal opposite reaction.
Well I have to apply this to business terms and it goes something like this, For every
consumer problem there exist a product or service (solution).  To every problem there exist a possible solution, which is never easy to have or even recognize, but I believe it can be more adventures when there is a passion.Very difficult to achieve the solution part anyways. We all can see
 there is a problem but what product or service would make life easier ?or safer?
  As I read the chapter I see how Econ, Mktg, Mngmt, and Acct and even Leadership all come together. I am so glad I have taken those classes, it makes sense now, lol. I think that SWOT Analysis
really clears things for me when I  reflect on my business plan. Basically looking at the pros and cons. a must do on every approach to life.


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