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.

Who really is a Entrepreneur

It is said a entrepreneur is someone who creates a new business in the face of risk and uncertainty for the means of gaining profit and growth. Therefore my question is can anyone by an Entrepreneur? based on research not everyone can be a entrepreneur because if one does not have the drive and determination it will not happen and most importantly if there is no idea for a business how can u be a entrepreneur. There are many myths associated with this topic examples of these are THEY  ARE DOERS NOT THINKERS and ENTREPRENEURS ARE BORN NOT MADE; these are false many persons owning there businesses today have proven theses myths to be wrong. My advice is if you want success it won't be handed to you you have to go for it. So in my opinion if the drive, determination and leadership skill is present individuals can be entrepreneur.

Entrepreneur

Hi everyone i am Shanique Reynolds, a student of the University of the West Indies Western Jamaica Campus, i am currently in my final year, completing my BA in digital Media Production. Has Steven Jobs said “Your time is limited, so don’t waste it living someone else’s life. i believe this is so true this is why i would like to be in charge of my business and own life in the future, this is the reason for selecting this course COMM 3248: Entrepreneurial Skills in the Communications Industry.  This blog as been created to just express my thoughts  and feelings on various subject matters associated with the subject and to just reinforce the information i have learn in terms and condition i like and understand.

 For one to become a successful entrepreneur; i believe these two quotes should always be kept in the back of our minds. The course COMM 3248: Entrepreneurial Skills in the Communications Industry; is a course that is here to inform and guide students of how to think out side of the box and how to go for what they ( the individual) want,i therefore consider it to be a important course to guide students especially CARIMAC students on the path of self success and self dependence.
The thing that stood out in my mind from the first class is the fact that when one is developing a business plan the essential thing that should be consider is the need of the client or consumer. Jamaica needs more Entrepreneurs now more than ever because if we rely on the government or the nation we ( the younger generation) are doom. Primary example of this: the SLB the student loan bureau, who is now having great difficult lending loans for 2013 academic year as the previous borrowers are unable to pay their fees because they are unemployed and others are now suffering. WE NEED A CHANGE. ENTREPRENEURSHIP is the way.