In this individual assignment, I had to choose one type of entrepreneur, and prepare a report based on the following requirements: 1.Trace the origins of the selected Managing the day-to-day operations is one aspect of the business. It also possible to lose everything you have worked for when decides to be an entrepreneur, Angela pointed out. The hardware was provided by a Chinese contractor who gave performance and financial guarantees. Entrepreneurship, 1. Write a group blog post (or a document) summarizing the most relevant and interesting information from the interview. WebReport: From the meeting with the entrepreneur Jane Lu, I found that being an entrepreneur is not an easy task. Describe the background of the entrepreneur, education, family, interests. Therefore, entrepreneurs should set realistic financial goals, which are to be achieved within a certain period for the business to be sustainable. Order a unique paper from WowEssays right now! The second thing that becomes a striking issue is to realize and construct a business model with proper strategic planning (Whelan and Sisson, 1993). My grandfather because he owned multiple successful businesses. Therefore, the following report summarizes the interview which I conducted to develop basic business management insights from the answers given in the light of his How do you identify business opportunities and what metrics do you use to measure their viability? She went further to points that some people start a business which adds value to a product and other starts a completely new product in the market. Business Description Tesla Inc. is an American-based public limited company that was founded in 2003. Roberto is very popular among residents. Where did you get your entrepreneurial spirit? Answer 5: In the near future, our goal is to complete the two projects that are in the pipeline. IvyPanda, 30 Sept. 2020, ivypanda.com/essays/entrepreneurship-interview-with-small-business-owner/. The windmills will be completed by end of 2013 and will be operational by the third quarter of 2014. Arsalan is the founder and CEO of Academic Master. Type of paper: This means that one should always set goals that are realistic and strategize from a realistic approach. Report, Topic: She pointed that an entrepreneur has the freedom to make choices whether hard or easy but choices which affect people and the market. IvyPanda. What ignited the spark in you to start a new business venture or to make significant changes in an existing business? Try to shape the interview more like a business dialogues rather than a boring monologue by being an active listener. After many years of struggle and hard work his business has expanded into different areas other than what he had originally intended all of those businesses are centered on cars but mainly Hot Rods. Get access to the list of our best samples for free. An entrepreneur is someone who is his/her own boss, someone who has experience in business, someone who seeks opportunities when And therefore, it is good to start a business to fill a market gap or add value to the existing market and that what entrepreneurs do and it is what makes the difference between an entrepreneur and a businessperson. is time to venture into business, and how he promoted his new restaurant. Keep the right balance between professional and friendly attitude. Thank you for giving me the opportunity to share with you our organization, our vision and our long-term prospects. "Small Business Entrepreneur: Interview Report Sample." WebLooking for Reports on Entrepreneurship and ideas? She noted that within the first three months of business, the business cannot make any profit no matter the kind of business one is running. 30 September. Industry Evolution and Entrepreneurship: Steven Kleppers Contributions to Industrial Organization, Strategy, Technological Change, and Entrepreneurship. Social Media: The Future of Marketing. activities and human resources, impacting productivity, should therefore not be neglected by organizations as H.R. That challenge would itself take two to three years of development, since the work involves the acquiring the contracts for the municipal wastes as well as in developing the commercial framework for pricing electricity based on solid wastes. If you were to write a book about yourself, how would you name it? A pessimistic person would have given up due to the slow progress, but Roberto managed to remain optimistic that in the long- run, it would pick up. and must be cited properly. In your groups, Interview an entrepreneur using approximately 25 questions. Whats your favorite metaphor for describing entrepreneurship? Being the first of its kind in the Philippines, the successful development and completion of the construction of the project was a huge success. What book has inspired you the most? Additionally, in collaboration with the local mail office, he places banners in the mailboxes around the town randomly. If you are the copyright owner of this paper and no longer wish to have your work published on IvyPanda. Management ensure the integrity of our platform while keeping your private information safe. Penwood Corporation. Here is a list of intriguing questions to ask when interviewing an entrepreneur. This qualifies him as a self-starter since he undertook the major steps, especially mobilizing the required inputs. Date May 11, 2018. Answer 3: We are currently working on two projects, a bioethanol distillery and a wind-power facility both in the Philippines. The collected data would be used to ascertain the interview skills learned in class. This will give you a sober notion of his personal attitude and help you create a questionnaire, strictly corresponding to his communication manner and behavior. Webentrepreneurs GOAL: Students will understand what is involved in owning and operating a business. No wonder why there is increased emphasis on the pre-interview preparation. After market confrontationrestaurant was changed into a pub oriented directly to teenagers. Copyright 2003-2023 | Academic Master is a trading name of HighEnd Technologies LTD. Every essay on this website is copyrighted by Academic Master. Do not try to get every piece of The conclusion you would better be a behavior- based interviewer and good psychologist, then being a stereotyped one, simply following your list of questions. And still often conduct interviews for key positions on my own, remotely. Need a custom report sample written from scratch by On the first night I was so excited I ordered 25 burgers to the office from 2020. Get access to the list of our best samples for free. This article explores the significance of Roman numerals in literature , The content of your website is just as important as its layout and appearance. Waiting for the right time means that the right time will never materialize. Tell me more about yourself? How did you come up with the name for your company? He stated, the business of traveling has more spark for me because I am always passionate to explore new things which makes this business the most desirable and exciting thing for me. Below you will find the complete list of 37 insightful interviews with innovative and leading entrepreneurs from the Bay area who talk about how they started their business, they grew it, as well as they share their advices with early-stage entrepreneurs. Another challenging aspect of work is looking for financial resources for continuing project development tasks. She holds Masters Degree in Business Administration (MBA) and has been in managerial positions in various companies before she decided to start her own business. Greene, C 2008, Entrepreneurship : Ideas in Action, Cengage Learning, New York. What sacrifices have you had to make to be a successful entrepreneur? 10 Advantages and ten disadvantages of young entrepreneurs. Enterprenuership Interview (2016): 2-25, Volume 2, Issue 3. WebEntrepreneur Interview summary. The person I chose to interview is the owner of the company at my current place of work. September 30, 2020. https://ivypanda.com/essays/entrepreneurship-interview-with-small-business-owner/. My partners and I are all within our 40s and the lack of a large, experienced name to back up the corporation is somewhat a weakness of the company. "Entrepreneurship: Interview with Small Business Owner." Check your email! The real success stories behind the stage have always been a great source of inspiration, bringing both powerful advertising impact and intense interest amongst business circles.This article will give you awalk-throughof what to consider when preparing an interview with an entrepreneur for your blog. Larry Godwin is the owner of Godwin Company Inc which is a forklift and golf car sales, Free (See sample questions below) Step 3 Conduct the interview. What makes you feel out of your comfortable zone? These include accounting and audit, engineering design , third-party services such as engineering testing and compliance requirements. The company prides itself for thinking methodically but still retain its high entrepreneurial drive to ensure that the proposed solutions are rationale yet inventive. PHU Restauracja Dwa Ksiyce The organization of events waspreserved. During the interview, some characteristics common to successful entrepreneurs were evident in Roberto. Factors of production 254184900, Well-researched, fact-checked, and accurate, Eloquently written and immaculately formatted. San Carlos Bioenergy, Inc. Retrieved from Last Accessed December 16, 2012. We decide on relevant matters on the basis of our strategic objectives and growth targets. Hair Kate and her husband, Peter Jameson, started their local business store in 2005. NEGATIVE EFFECTS OF FACEBOOK RHETORICAL ANALYSIS. Therefore, in entrepreneurship, there is no guarantee for success, but many successful entrepreneurs had failed in life before, and their businesses have failed terribly. According to Greene (2008 p. 52), the lifeblood of any business is the cash flows generated. The island of Boracay is the countrys summer capital, with over 2 million tourists a year, majority of which go to the island to enjoy sea and sand activities from the months of January to October. Small Business Entrepreneur: Interview Report Sample. He observed the sales turnovers of the retailers grocery section and vowed to start a grocery store. Answer 2: I manage the day-to-day operations of the company. What is the first question you think I am going to ask you? We are always on the lookout for talent and to manage this challenge, we set-up a website for our advocacy work, inviting people to participate directly or indirectly with our projects and from there we try to engage interested parties in joining our corporation or in helping in our efforts in any possible way. Note: this Within an entrepreneur, there is a need of perseverance, confidence, passion and communication skills in order to achieve the goal. From the beginning it was a restaurant with possibilityto organize closed parties like birthday party wedding and so on. Asking questions is an important part of growing as a person and as a business. Exploring human capital: putting human back into strategic human resource management. This is IvyPanda's free database of academic paper samples. and must be cited properly. In practice, you would come across totally polar personalities, possessing super specific traits, cherishing different values and often reacting quite controversially in any given situation. It always starts as a joke by conducting market research and writing a business plan. It is different from working for the federal government, state government or other bodies which pay employees even promptly for coming to the office. Academic Master is a writing company that provides free essays to the students all over the World. Kuratko, D 2009, Entrepreneurship Theory, Process, Practice, Cengage Learning, New York. She said that she no regrets leaving her work to start a business so she can add value t the market and help the society. Free Essay Examples - WowEssays.com. We use cookies to enhance our website for you. Step 2 Identify specific questions you would like to have answered and the general areas about which you would like information. Whats your personal manner for balancing work and life? Categories English. Enter your email and well send the instructions. To be a notable one, the interview should inspire, people must have something to learn from it! What is your opinion on the following topic: Are entrepreneurs originally born as such or they are raisedto be successful? So today I decided to put all my "Entrepreneurship: Interview with Small Business Owner." According to him, the exposure has been great and he believes that based on what he knows currently, he can manage a bigger business or even a company. managers and corporate leadership still have very little knowledge of the possible impact. How do you think being an entrepreneur has turned you into a better person? Available from: https://www.wowessays.com/free-samples/small-business-entrepreneur-interview-report-sample/, "Small Business Entrepreneur: Interview Report Sample." Convenience store, An entrepreneur tends to bite off a little more than he can chew hoping hell quickly learn how to chew it. (Roy Ash) This can be done in person or over the phone. All people are unique. If you had a magic stick, which are the 3 things you would change in the world? In this article, we define what an entrepreneur is and list 15 questions you can ask an entrepreneur that can help you to discover what a business career Analyzing their early actions makes us see a different story altogether According to him, profits made by Wal-Mart were attractive. 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Donate or volunteer today! Appealing quotes or phrases are always a good tool to catch peoples interest from the very beginning. Well email you the instructions on how to reset it. We were engaged to develop the project from inception to execution. The experience of conducting this interview was very helpful and informative as different life experiences and lessons were noted along with brief guidance about entrepreneurship as discussed. However, sometimes topics are naturally flowing from one to another leaving you in a chaos of thoughts so you have to be prepared to think outside your question agenda. Our mission is to provide a free, world-class education to anyone, anywhere. Do you follow some specific self-control mechanisms to encourage you to keep walking when things are not going as smoothly as planned?