QUESTION ANSWER

What is the one big

thing you learnt from It is OK to take risks. In fact, it is great to take risks. However, these
the entrepreneur? need to be calculated risks. Taking risks without weighing your options
is just foolish and reckless, but calculated risks tend to lead to the
biggest rewards. No matter what journey you take in life or where your
professional goals take you, there are certain life lessons that you can
always apply to your own path. It doesn’t matter where you came from
or where you are going, I have learned these lessons can be universally
applied to us all.

What inspired you I do not think anyone decides to be an entrepreneur; they simply reach
most about the
entrepreneur’s story? the point where they can no longer not be an entrepreneur. Sure, it takes
a certain type of individual and certain set of circumstances, but
suddenly you have this sense of unwavering commitment and the belief
that you can succeed. Starting a business (and surviving) is really,
really hard. You have to have the confidence that you can actually do
it, and the stupidity to think you are right.

Being an entrepreneur is not about love at first sight; it is about having

an idea that intrigues you and increasingly pulls you in until you can
no longer ignore it. I learned that it is possible to build great things,
and that the only limit is your imagination and ability to execute
nothing else mattered. So, it is not as much a decision to become an
entrepreneur as it is just a realization that is what I want to do. Starting
word stream and growing the business were just the next steps as I
explored and uncovered new possibilities. I found purpose in growing
a business that produces useful things and creates meaningful jobs for
people.

How did the There are many sources for new venture opportunities for individuals.
entrepreneur identify
Clearly, when you see inefficiency in the market, and you have an idea
the opportunity for
the product/service of how to correct that inefficiency, and you have the resources and
capability or at least the ability to bring together the resources and
capability needed to correct that inefficiency that could be a very
interesting business idea. In addition, if you see a product or service
 that is being consumed in one market, that product is not available in
your market, you could perhaps import that product or service, and
start that business in your area.
Who are the The customers targeted are the public people age groups ranging from
customers for the
17 to 60 mostly working class and students. The working class are the
entrepreneur? How
can you define them? regular customers because they will be tired to cook after work. With
E.g., 30 years and
the effect of globalization, fast food restaurants have increasingly
above; living in
urban areas; owns a become popular in Botswana and have also increased in their numbers.
car
So have consumers increased in their numbers, taste and preference.
What determines a customer's choice of selecting or patronizing a fast
food restaurant differs from country to country and from region to
region as a result of cultural, environmental and socioeconomic
specifics. With respect to frequency of eating out at fast-food
restaurants, I discovered that majority of the customers that visit fast
food restaurants do that every day. This account for more than 50% of
the customers. From the descriptive statistics, food quality, service
quality, environment and consumer demographics are the main factors
that influence the behaviour of consumers towards patronising the fast
food restaurants Botswana.
What is the To succeed as an entrepreneur, you must develop the ability to select
product/service
and offer the right products or services to your customers in a
offered by the
entrepreneur? Would competitive market. More than any other factor, your ability to make
you buy the
this choice will determine your success or failure. The entrepreneur
entrepreneur’s
product/service? offers fast food restaurant, also known as a quick service restaurant
Why or why not?
(QSR) within the industry, is a specific type of restaurant that serves
fast food cuisine and has minimal table service. The food served in this
fast food restaurants is typically part of a meat-sweet diet, offered from
a limited menu, cooked in bulk in advance and kept hot, finished and
packaged to order, and usually available for take away, though seating
may be provided. Fast food restaurants are typically part of a restaurant
chain or franchise operation that provides standardized ingredients
and/or partially prepared foods and supplies to each restaurant through
controlled supply channels. Yes, I would by the products because most
 of these fast food chains are beginning to incorporate healthier
alternatives in their menu, e.g., white meat, snack wraps, salads, and
fresh fruit.
Do you think you can Yes, I can become an entrepreneur, it is an evolution, I want to grow
become an
personally, in the ways I could not before. I want to experience new
entrepreneur too?
Why or why not? things, which I did not experience before. I want to build new cool
things, which I could not build before and want to be challenged in
different and new ways, which I was not challenged before.
And yes, I want to be successful, but more I want to become an
inspiration for others than rich. To have money is kind of a sign of
successful entrepreneur, but true success is more complex than just the
money. I see it more like another part of my life, another path of my
journey until I will want to be someone else until I will play another
game, where I would take some new role again. By becoming an
entrepreneur, I get the chance to change the world and change other
people’s lives. I will have the opportunity to really make the world a
better place by finding solutions to problems. Not all entrepreneurs
take advantage of it but those who do can leave a significant impact on
other people.