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.

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.

Different, always try to be different you will reach the top

If different is what you want:This is the song for you. This man has come and changed the whole face of Jamaican music. First there was sparta now we have chronixx who have come with something new, unique and of great quality that is so diverse everyone is able to relate to it both the young and the old. the qualities mentioned above are what new upcoming entrepreneurs need to consider when trying to create new venture ideas and never take no for a answer, just try and try and take as much advice as possible one day you must be as successful as the other man. as the lyrics states
                                       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.

Business Plan steps

Hi guys, this post is to inform you of some information i receive recently. For everything there is a plan for entrepreneurs this is no different they also have to create plans to receive investment for there businesses. These are steps i learnt that a business plan needs.

1. Develop mission statement
2. Develop feasibility study
3. Components of the business plan
4. The business idea
5. Marketing plan
6. Management team
7. Production
8. Financial plan
9. Executive summary
10. Supporting documents.

i was told once one follow these steps can't go wrong when pitch for investors

Working for people

My heart goes out to all entrepreneurs, customer service representatives and overall persons who work for people everyday; man can i tell you it is such a huge task. Most individuals do not know what they want and they can never be satisfied makes you want to pull all your hair out.

its like if you are not focus they will have you there changing things every single minute. I am helping a friend and man if i was not determine to finish the project i would still be doing it. It was driving me insane and she is like 

I now see that entrepreneurs have to take stands and be focus, strategic , determine, optimistic and be able to communicate to handle all those different wants and needs. People think being your own boss is a easy task they need to thing again. Fulfilling all those needs and wants takes time and patience, Which are qualities entrepreneurs have to attain. Because if they don't they wont profit. Hats of to all entrepreneurs out there.

Shark Tank

I have miss a few blogs because i have been so busy with final year projects; but i made time because i was told to take a look at this television series Shark tank, man this was the best advised given to me man those sharks are dangerous. This show teaches us that if your not responsible, determine and focus you can not reach anywhere or make profits( be rich). Also without a good business plan or set up of the business no one will want to be apart.

this show, clearly demonstrates to  individuals that not every idea can be a product but one should never give up without trying.