Shanz entrep's blog is to develop a understanding of what a entrepreneur is, the responsibilities and roles they hold; The steps of being a good entrepreneur. This blog is to express the views i have on a entrepreneur, in the best and most creative manner possible. Everyone as ideas but not all ideas can come to life.
Friday, April 26, 2013
Result of My pitch
So this is my final post it was very interesting and exciting to express myself through this medium. Well today was my final five minute pitch and can i tell you it never worked out the way i wanted it to but that's life, not everything always go your way, just have to work hard at it next time learn from your mistakes. The result is that we did not have enough information. The first pitch we did we had all the information but we needed to work on our passion and drive because it was not there. So for this one we lessen the information to capture the investors attention and increased the amount of passion and drive we didn't utilized the last time and it didn't work out. We learnt that less is not always more and for every occasions there are different approaches. In my opinion this course has taught me a lot; i now know the importance of entrepreneurs both in Jamaica and worldwide and some of the strengths it take to push a idea to be converted into a business that is profitable and needed. Almost learnt that not all customers know what they want but it is important to listen to them, take their ideas but not all of them will work. Well so long for now. Shanz out
Thursday, April 25, 2013
Famous Quotes from Famous Entreprenuers
- “Your time is limited, so don’t waste it living someone else’s life. Don’t be trapped by dogma – which is living with the results of other people’s thinking. Don’t let the noise of other’s opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition. They somehow already know what you truly want to become. Everything else is secondary.” - Steve Jobs
- Your most unhappy customers are your greatest source of learning. – Bill Gates
- “When you reach an obstacle, turn it into an opportunity. You have the choice. You can overcome and be a winner, or you can allow it to overcome you and be a loser. The choice is yours and yours alone. Refuse to throw in the towel. Go that extra mile that failures refuse to travel. It is far better to be exhausted from success than to be rested from failure.” – Mary Kay Ash, founder of Mary Kay Cosmetics
These are some quotes that all budding entrepreneurs should live by. The customer is always right and they most time don't know what they really need you have to encourage them that your product or service is what is right for them; your company or business is where they should be nowhere else. I have used a image below to guide persons how to satisfy their customers. Follow this cannot go wrong
Pitching for a business
Wednesday, April 24, 2013
Jamaican entrepreneur
I can truly say this class as taught me a lot about entrepreneurs and entrepreneurship. I had no idea that this sector was so important or that so many of them existed in Jamaica. we always say Chinese own everything but Jamaican's actually do own a number of things within the country. If the government would only recognized how significant they are to country. Jamaica would be in a much better state less crime and violence as the youths would be encouraged to be "go geters"; The debt rate would not be so high we would utilize what we got because we have a lot and export more to get our country more widely known for its quality product and services. I agree not everyone can be a entrepreneur but if more are created more jobs will be provided for those who don't have the backbone/ courage to stand alone.
Few examples of Jamaican entreps.
Butch Stewart
Marley
Few examples of Jamaican entreps.
Butch Stewart
Marley
Entrepreneurship does not discriminate both young and old can do it. So just ask yourself CAN I BE A ENTREPRENEUR?
Importance of Entrepreneurship
The economy is in such a financial state that if more entrepreneurs are not located we are bound to final. Who knew that Jamaica land we love would be in this state. As the cartoon clips states "Thank god for mega mart" without mega mart one of the biggest entrepreneurial venture a lot more persons would be out of jobs and left to thief and kill just to survive. Who knew that entrepreneurs were so important. But with them this country would be in thermal and greater trouble. Yet still our country won't provide opportunities for these sectors and they expect the country to be without crime. When one man is hungry and the other is full and wasting What do they expect the hungry man to do? Entrepreneurship is the future for Jamaica and they need to develop more efficient and effective methods to get this know worldwide and within schools and encourage individuals to think big stop import and start creating so we can export and better the country instead of destroying. How can a unborn child be in debt that is madness. Jamaica wake up take a risk become a entrepreneur.
Monday, April 22, 2013
Issues Entrepreneurs Face
As mentioned previously i am a member of two entrepreneur class. In the new ventures class i was given the task of researching issues faced by entrepreneurs within in Jamaica i had no clue that they had so much issues and little did i know that they hold such a vital important role in a countries development. Some issues i found out that they faced were.
- High tax rates which leads to evasion of taxes
- Lack of support
- Keeping up with trends and changes
- Economic growth.
Are just a few of the issues individuals faces when starting a business or is a owner of a business. Therefore if one does not have the mind set to handle problems, take risk, compete, be a team player and to always get up when they fall. Entrepreneurship is NOT FOR YOU.
Sunday, April 21, 2013
Different, always try to be different you will reach the top
All when mi a di only man wid pants pan waist
Mi nah follow nobody
And when di whole Jamaica bleach dem face
Mi nah follow nobody
Tell dem a me man, no me same one
Sekkle pupa Chronixx pan di microphone stand
And when a me alone a sing righteous song
Mi nah follow nobody
If one should ever consider to become a business man or woman always remember the chorus from chronixx song and never follow no one be your own trend setter.
The journey to SUCCESS
Currently i am in the final lap of my school life, and can i say it is HARD; but i am trying my bested to keep focus and my eyes on the prize. For my final semester i decided to take two entrepreneurial classes one is within communication the other in new venture creation. So on Thursday April 19,2013 my group and i had to present a 20 min pitch of a business plan for the new venture creation class. This class started at 6 PM and should end at 9 PM, if the world could have opened up and take me in because of the way i left it would have. i was tired from not sleeping the night before, getting hungry and exhausted, even at the hour of 10 we were still waiting to present finally at 10:30 PM we went in and pitch our plan and we were told of the excellent job we did. I just use this story to illustrate how determine and a risk taker one has to be( because i was taking a risk travelling so late night, with the set up of the countries crime level) to accomplish whatever one wants to succeed at. Also goes to show that without team work and determination (we present our information together an did a great job) Nothing can get done as one person cannot always do everything. Therefore to be a good entrepreneur one has to be focus, determine and a risk taker; to complete dreams and aspirations. Without these qualities in individuals Jamaica will never change the state they are currently in and can never become a place that people can consider somewhere to make a future.
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