Monday, September 21, 2009

Entrepreneurship

Entrepreneurship is the practice of starting new organizations or revitalizing mature organizations, particularly new businesses generally in response to identified opportunities. Entrepreneurship is often a difficult undertaking, as a vast majority of new businesses fail. Entrepreneurial activities are substantially different depending on the type of organization that is being started. Entrepreneurship ranges in scale from solo projects (even involving the entrepreneur only part-time) to major undertakings creating many job opportunities. Many "high value" entrepreneurial ventures seek venture capital or angel funding in order to raise capital to build the business.

As a graduate with a bachelors in Accounting. Opening my own business has been one of my goals to accomplish. I always wanted to start my own company while I was still in college, so as I learned new material in my business related courses, I'd be able to turn it into some real life application. The idea that a profitable business runs around 4 major sectors of a company is amazing. Accounting, Finance, Management, and Marketing. These will be a decesive factor if a company stays in the red or grows beyond the green. Always said to myself, but I have no money or what makes my idea better than the thousands of other people out there that have similar ideas and might of already started thier business. If I always kept this way of thinking I'd find myself 50 without a business. I came to the realization that you have to start somewhere. Throughout my senior year, I sat down and came up with several business ideas and layouts. Hopefully with the guidance of my professors, ideas of my friends, and knowledge from my undergrad I'd be able to operate in the green!

Haven't given you "MY IDEA" but patience is a virtue, so keep checking to see updates!

“With out passion you dont have energy, with out energy you have nothing.” - Donald Trump

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