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1.1 Origin of the Report This report has been prepared as a partial requirement of BBA program.
We make a career plan for a successful Entrepreneur. Career planning is a challenge for all RIM professionals. We intend to depend on my attorney to handle all aspects of setting up the corporation and maintaining proper career planning. The report on “career plan of a successful Entrepreneur ” was initiated as part of the BBA Program, which is a BBA Degree requirement of the ASA University Bangladesh (ASAUB). The report is being submitted to the Tahmina Ferdous.
3 METHODOLOGY 1.1 Primary Source of Information Discussion with officials of corporate office and successful entrepreneur. Internet. 1. 1.2 OBJECTIVE 1.2. To identify the problem and weakness of the career planning.2.1.2 Secondary Objective • • • To know about the career planning step. 1.3.2 Secondary Sources of Data • • • • Relevant paper and published documents other published information. To know about the career segmentation style. Some textbooks. Limitation of time was one of the most important factors that shortened the present study. Primary Objective The main objective of the report is to determine about career plan of a successful Entrepreneur.1. 1. • • .3.4 LIMITATIONS • Information at the corporate and professional level is confidential & critical The findings are not statistically validated.
profession or business firm for the entire working life of a person. and 4. The following classification system with minor variations is widely used: 1. Chapter: 2 2. Development of overall goals and objectives. if necessary. In recent years. Career planning applies the concepts of Strategic planning and Marketing to taking charge of one's professional future.Rush hours and business was another reason that acts as an obstacle while gathering data. Development of a strategy (a general means to accomplish the selected goals/objectives). procedures and activities) to implement the strategy. Career Planning: Career planning is a subset of career management. 3. Systematic evaluation of the progress toward the achievement of the selected goalsl/objectives to modify the strategy. and semi professional to professional. career now refers to changes or modifications in employment during the foreseeable future. There are many definitions by management scholars of the stages in the managerial process. rules. 2.0 Literature Review : The word career covers all types of employment ranging from semi-skilled through skilled. Development of the specific means (policies. . however. The term career has often been restricted to suggest an employment commitment to a single trade skill.
The Merriam-Webster Dictionary presents the definition of an entrepreneur as one who organizes. and assumes the risks of a business or enterprise. management is the main field of their occupation. One should take it into consideration that the more one plans. just start planning. If anyone follow the effective way to start thinking productively: 1. What is your current specialization? 4. What do you have at the moment? 2. Bill Gates. If you are lack of motivation. On the other extreme of definitions. Warren Buffet. It is no secret that the most successful and richest people are those who can provide time and energy management. Steve Jobs. Career planning is the way to make success in a particular field of person’s occupation. They are constantly obliged to make things go well. manages. which means "to undertake. In fact. the rivals would take their positions in the market or in the society up. On the one extreme an entrepreneur is a person of very high aptitude who pioneers change. Which position do you want to achieve? ." In a business context. It is a principle that is proved logically and practically as well. it means to start a business. entreprendre. Mel Gibson are all good planners. possessing characteristics found in only a very small fraction of the population. the more one thrives.A Definition of Entrepreneurship: The concept of entrepreneurship has a wide range of meanings. It also means that only irrational people are trying to convince the rest in the inefficiency of counting on time and efforts to be made. anyone who wants to work for him self or her self is considered to be an entrepreneur. It is very interesting to analyze the scheme that most of the richest people followed once. What type of business are you in? 3. Mind the great chances to go over a higher stage in career prospects. Look at the examples of outstanding people. The word entrepreneur originates from the French word. Otherwise.
it also brings lots of rewards both in terms of money and job satisfaction. more intelligent and multi-tasker. If we think we have the capability to establish our own unique identity and leave our mark by applying our creating ideas and utilizing our intelligent skills. We must have seen a lot many people who chuck their jobs to prove themselves in the arena of entrepreneurship. So. People choose the career because a job with a business establishment does not always give us the recognition and contentment that becoming a successful entrepreneur brings us. the concept of entrepreneurship has changed. today's entrepreneur is smarter. Success will come to those who have an ever growing eagerness to excel and rise above others. It is helpful. Unlike the entrepreneur of the past (that dealt only in a couple of products). attending conferences and seminars. to get more stimuli to follow career planning. While anyone decides to become an entrepreneur. To become successful in entrepreneurial venture. How you want to prosper in careers? Let these entire questions disseminate in entrepreneur’s consciousness. delivering speeches and hiring the best of the talents from the industry. In addition. then. It would surely make your way to the top faster. In order to succeed we need both working hard and effectively. our role as an entrepreneur also demands us to utilize our intelligence to offer superior products and manage the finances of the company of which he is the boss. To become successful as an entrepreneur. if anyone have made up that important decision to prove our worth as a successful entrepreneur. candidates need to make the best use of their innovative skills to create financial gains.5. When it comes to making a successful career. Feed your head. It is not a suggestion. he really needs to think it over and ensure that he can pursue the career with all his heart. who doesn't want to stand out of the crowd? Entrepreneurship is fast becoming one of the most preferred career options for candidates who want to set a benchmark for others to follow. there can be no better option than becoming an entrepreneur. Though. Today. Experts suggest that failures are only those who step into the field without any technical knowledge and due to their weakness in general and . Never stop learning something new in the field of your interests. Today's entrepreneur can not only deal in a range of products and services. rather a command. we need to be well informed about the basics to help you kick start the career. Lay more emphasis on the quality of what you used to do in the workplace. we also need to know why many entrepreneurs fail to establish their career or identity. a career as an entrepreneur proves to be quite challenging. but they are also responsible for increasing the profitability and productivity of the company.
competitiveness and perseverance are some of the most essential skills that will lead you to a successful entrepreneurial career. To run a business successfully. The whole idea behind becoming an entrepreneur is to be able to come up with innovative and unique ideas and to find niche markets where they can be sold. never step into a new business field for which we are not well prepared. To become successful. we can always begin on a small scale. A good idea would be to review our hobbies. we need to keep abreast of the latest and changing market trends and get in touch with successful entrepreneur. we should also posses other essential skills. An eagerness to excel and take initiatives. it is essential to have an in-depth knowledge of the industry we are stepping in. Though we do not necessarily need to possess a degree in business administration or formal entrepreneur training. An entrepreneurial career does not mean we need to have a large sum of money to kick start a business. as you have both campus mode and online education options awaiting us. the competitions and the business goals that you want to achieve in a specific industry.finance management. we should be able to identify the obstacles. Candidates should be aware that we do not become an entrepreneur only by acquiring a master's degree in business administration or a relevant field. both verbal and written. And there is no dearth of business schools and colleges across the United States offering degrees in business administration. And we have a wide range of businesses and industries to choose from. obtaining an MBA degree has become easier. we can definitely opt for an online MBA degree. strong self confidence and self reliance. candidates should always have an action plan and development strategy in place to achieve success. If we really want to leave our mark and become successful. Therefore. And never forget about strong communication skills. . an MBA degree or a bachelor's or a master's degree in a relevant field will keep us ahead of our counterparts. There are multiple excellent examples of entrepreneurs who achieved success by turning their hobbies into profitable business ventures. we certainly need to learn the basics and the tricks of the trade. To have a successful career as an entrepreneur. At the same time. Select a line of business where we can successfully use our entrepreneurial skills. However. Today. If we want to save time and money. both via campus mode and online.
For example. No longer are they solely relegated to dark. you need to be clear about your own attitudes toward life and work.. passive or aggressive. outgoing or shy. They are now emerging as serious leaders in the organizations they serve--especially by demonstrating expertise in effectively managing digital records.g. a positive attitude about work defines who you are and may turn you toward a career that provides the opportunity to engage in a driving . more often it comes to those who prepare for it by planning their careers. The following illustration provides a six-step framework for career planning that can be useful for those starting a career or for those evaluating or contemplating a change in their current career. these steps will help guide Over the past two decades.ANALYSIS: Six steps to your successful career path: from selfassessment to decision making to life planning. A number of areas of self-knowledge are very important in laying a foundation for a career plan. Self-Assessment : The first step begins with understanding yourself. Personality and Attitudes : You first need to understand your own personality (e. dusty file rooms. In addition. thoughtful or emotional). records and information management (RIM) practitioners have begun to enjoy the ability to create a structured career path. Although leadership may come calling without request.
Entrepreneurism : Finally. Skills and Achievements : One of the most helpful tasks you can undertake to understand yourself is to create an exhaustive and objective list of your skills. Those for whom risk poses little or no problem will be able to consider avenues that those who are more risk averse would never consider entering. Knowledge and Learning Style : This requires a critical look at what you have learned in life--whether academic or practical knowledge gained from your work or other elements within your life. the written word provides the information needed to gain a skill or to understand a process. Interests : Inventory your interests. or experiences that you treasure and that you would give up only with great difficulty. For others. Values : Most importantly. Occupational Research : . inventory your achievements. This requires a rigorously honest evaluation of those things. the best learning occurs when they interact with other people. They should not be limited to personal pleasures outside of your work experience but should include interests from all aspects of your life. In both cases. Next. it is important to understand how you learn. evaluate how much risk you are willing to take. you should understand what you value most. Beyond that. This determination is one of the most important in establishing a long-term career path. even the smallest achievements or most minor skills may be important in helping you understand what you can do and what you might like to do. For some.passion but would not interest someone for whom work is simply a necessary evil to provide income and stability. persons.
needed skills. and responsibilities.com or about. volunteering at a not-forprofit organization that has a position similar to your career interest may contribute greatly to your ultimate career choice. A successful career plan makes this investigation as comprehensive and exhaustive as possible. though possibly more difficult to arrange. talk to someone involved in that career about its elements. the next step is to investigate what options are available. you can collect a rich and diverse background on those careers that attract you most. time demands.com. work at the job--even as a volunteer--to further deepen your understanding of the career and what its rewards and challenges might be. Hands-on Experience : If possible. Starting with simple searches on sites such as google. Information Interview: Once you have narrowed your research for a specific career. ARMA International's Records and Information Management Core Competencies provides an excellent outline of the skills and abilities required to be successful in RIM from an entry-level position though executive management. Careful attention to each of the dements below can prevent false starts. Information Search: The Internet provides a spectacular resource to research an almost infinite number of occupational choices. is to locate someone who will allow you to accompany him or her on the job for a day or two. Such first-hand experience can be invaluable in determining whether the career is truly appropriate for you. Trend : . In particular. This job shadowing model can provide a substantially different perspective on a career than what might be gained through simply reading about it or interviewing someone about their experience. For RIM professionals and those interested in the field. Job Shadow : Another approach.Once you understand yourself.
U. you should understand what the trends are for the careers that interest you.htm).g.Finally. Government statistics and related resources that track the growth or decline for a wide range of careers are a good source of information and are available on the Internet (e. For example. Personal Objectives: The next focus is on what you want for your personal life. make some decisions that may narrow your career choices: Career Objectives: The first set of decisions focuses on your longer-term career goals.bls. In addition to possible considerations about a family.gov/OCO and its Occupational Outlook Quarterly at www.gov/opub/ ooq/ooqhome. you may want to choose a career where those organizations are supported by your employer. Department of Labor Bureau of Labor Statistics at www. if the Special Olympics or Habitat for Humanity are organizations that you respect.bls.S. Decision Making : After understanding yourself and doing research to understand the type of career that might interest you. Do you want to eventually become part of management? Or do you prefer to remain in a line or staff position and focus on deeper knowledge in the specialty you have chosen? Again. Lifelong Learning: . Records and Information Management Core Competencies can provide guidance to determine what is required if you decide on an upwardly mobile RIM career.. as an integral part of occupational research. do you have other passionate interests that you want to have time to enjoy? Do you enjoy travel and would that element in your career enhance your personal life? Community Service : The intention to contribute time and talent to volunteer organizations may affect your career choice.
and achievements. This step. however. Again. ARMA International's "Career Link" at www. To maintain the CRM. should be approached in a structured fashion.Finally. Conscientious and dedicated networking with individuals either working in or related to the target industry or service can be a very fruitful avenue for uncovering specific job opportunities.icrm. Employment Contacts : If you have done your homework properly. is only one of many. the CRM study outline and the competencies provide a clear path for continuous learning.g. Job Search/Networking : The first and most obvious step is to identify where the jobs actually are. The knowledge and experience required to pass the examinations that lead to the CRM are substantially congruent with the RIM competencies. the Internet has numerous sites where job opportunities are listed (e.. skills. as the others above. The resume and letters of reference need to be customized to the specific organization where . a RIM professional commits to an ongoing program of education.org/careers and the Institute of Certified Records Manager's "Career Opportunities" at www. you need to decide whether you are dedicated to lifelong learning in your career or whether you desire to learn the skills necessary to accomplish your job and then focus on personal interests. Often helpful are letters of reference that provide an outside verification of your capabilities. and honest outline of overall career objectives. straightforward. As a RIM professional. you are ready to move toward your new career. and achievements. This strategy. one goal may be to attain the Certified Records Manager (CRM) designation. Resumes and Letters : The resume should provide a clear.org. Together. past experience. Most effective is personal contact within an organization that can result in an invitation for an interview.arma. education.
Referring to Records and Information Management Core Competencies and taking advantage of ARMA's online RIM self-assessment tool at . if the job offer does not match your long-term career plan. Research the organization so your comments during the interview are relevant and demonstrate a real interest in the organization. single face-to-face interviews.. In addition. multiple visits). Job Interviews : The interview is the culmination of the job search process. www. Throughout your current job. then seriously evaluate the offer and decide whether it would be better to wait for a job offer that truly provides an initial step along a career path. the career planning process is not over. group discussion.collegegrad. Again.. Each interview should be approached carefully.g. Work : Offers/Acceptance The job offer and acceptance completes the first major milestone in the career planning process. You must use each of these experiences as an opportunity for growth to prepare yourself for the next step along that path.com/jobsearch/Mastering-the-Interview).g. However.you have a good chance of securing an interview--blanket distribution of resumes by e-mail or postal mail is seldom effective. try to understand in advance what the actual interview process will be (e. Those who have achieved the CRM designation will find that both the overall responsibility and salary level of the positions they are offered are higher than the average. you must be constantly evaluating your successes and failures in relation to your desired career path. Work Success/Failure : Once on the job. the Internet is an excellent source of tips on how to prepare for an interview (e.
is why he is now the wealthiest man in the world. How Did Bill Gates Get So Rich? Bill Gates grew up in a wealthy Seattle suburb and enjoyed a private education. Bill was careful to blend his computer skills with smart money management from there on out. for $4. Boyhood of a Billionaire: Bill's Early Years Bill was fascinated by computers at an early age--how they worked. Understanding the need for affordable personal computers. Gates and Allan signed the historic contract that made Microsoft the primary operating system to all IBM compatible PCs. The Computer Contract Heard 'Round the World' Not one to quit while ahead. At the age of 17. Microsoft had $140 million in revenue.org/competencies can assist in identifying areas for self-improvement and resources to help you strengthen your performance and broaden your career options. but William Henry Gates III--Bill Gates--didn't take any free rides to the top. What came next was the result of intuition and acute business management ability. establishing Microsoft Corporation in 1975. Gates and friend Paul Allen went on to co-write the first computer language program for a PC. how he could make them easier for others.www. a time tabling system. . By 1985. how he could manipulate programs. It's fair to say that he coopted the work of other programmers to build Microsoft into the billion-dollar empire that it is today. but no one disputes his management of software development or shrewd business administration tactics. and most of all. he designed and sold his first computer program.arma.200. Not bad for an upper middle class nerd. Perhaps his "aggressive" business management. more than anything else. After this first taste of the computer business.
While studying the successful entrepreneurs career planning. having given more to charity than anyone else in the United States. in fact. WA Currently Resides: Medina.Where Is Bill Today? Bill is now the subject of bizarre fiscal calculations. Along with being the world's wealthiest businessman. and as we do. our interests and needs also change. His success is attributed to the fact that he capitalized and managed operating software and took risks that paid off all along the way. they overcome that problems with discernment . Bill Gates' legacy remains immeasurable. But Bill hasn't kept his fortune to himself. WHY IS CAREER PLANNING IMPORTANT? Career planning is not planning for that field on a one-time only basis.200 First Job: Founder of Lakeside Programming Group 1968 Current Job: Founder and Chairman of Microsoft Corporation 1975Net worth: Over $100 billion PROBMLEMS & FINDINGS While planning the career there may arise some problems. cunning business administration. and finally they become successful. Career planning is not just . We are always learning and growing. Whether it's one nerd's revenge or simple. Fast Facts: Name: William Henry Gates III Born: October 28th. He must be shine in his career. 1955 Seattle. Gates is also considered one of the most generous. WA Education: Harvard dropout First Dollar: Sold first computer program at age 17 for $4. but it’s a continuing process. you can call it a lifetime process. such as his estimated earnings of $250 per second. But if anyone can abide by those problems or overcome those problems. the have also faced some problems.
In the process. The reason most people do not turn their wishes and dreams into reality is because they don’t take these wishes and dreams and make them goals. In career planning. Simple. but more complex.making plans to obtain your “perfect” job or career. should be written. As you can see career planning is more than just looking at jobs and positions and working hard. An opportunity cost is the cost of passing up your next best choice when making a decision. In planning the career. the more you will encounter problems. evaluated and monitored frequently. A goal is a dream with a deadline. 5. The difference is that you are specifically separating the career and job goals from all other goals anyone may have. The longer it takes to achieve your goal. changes and frustration. When anyone desire to change in his career. you are always making choices. The career planning process can be divided into six steps: 1. . Those who have successful careers understand how the game of work is played. Self-Assessment Career Exploration Targeting Career Preparation Marketing Yourself Career Management Career planning is a process and is always ongoing and often runs in cycles. but to help you make the many adjustments there will be along the way as you learn about you and your world or work. The successful people set goals. they plan and follow the plan. 2. Career planning is estimating. short-term goals may be done in your head. long-term goals. 3. Goal setting is a process and a learned skill with many parts to it. predicting and calculating all the steps necessary to achieving your goals. When you choose one alternative over another. we need to always be mindful of our opportunity costs and take into consideration all that will come our way. Career planning is no different than any goal setting and planning. this is called an opportunity cost. 4. 6. try to find the people who can be mentors for you and assist you along the way. the process can be repeated many times.
The more anyone upgrade anyone’s skills. Having the right attitude. If it is a business that you want to open up yourself then you must have the right attitude. Develop the skills. and volunteer work are some ways to get hands on experience. This is the case for both personal and work routines. 3. high earnings. part-time jobs. Be Active! When planning to start anyones new business to when it is starting to mature he must always stay active. Do not let yourself feel too comfortable at any stage. the more likely he and his business will adapt along with it. Planning the career. Research career information. Gain experience early. journalism. A small investment of the time will help anyone make an informed career choice that could pay dividends throughout anyone’s life. There are hundreds of occupations. law. and your attitude. 6. piloting. you must always make sure that you have something to do always. 5. so choosing and planning a career is a lot more complex than it may appear. Learning by gaining experience within the commercial world is a great way to approach a prospective career or to open a business. go for it. or some other competitive occupation.Successful Entrepreneur Tips 1. 2. Value your personal interests and abilities. Take every opportunity to learn new skills. Having a solid career plan can affect your future prospects more than how much education you have. You shouldn't be dissuaded from a career that interests you just because it's competitive. If your interests and abilities draw you to a field like acting. . 7. Seek out information about occupations with favorable career prospects. A business can either make or break depending how much selfbeliefyou have. and other attributes that are important to you. 4. Internships.
leaders and careers do not just happen: they are created. In the final analysis.RECOMMENDATION & CONCLUSION Career planning is a challenge for all RIM professionals. those who pay attention to the above steps. and integrate them all deeply into their lives will not only be successful but will contribute greatly to their companies and institutions and to the RIM profession. track their progress. strive for the CRM and other relevant certifications. In the coming decade. .
html) . January 26.com/library/bio/business/bill-gates/) Bill Gates: A Precocious Pioneer (http://www.pbs. 2000 (http://www. 23rd.org/cingely/pulpit/pulpiit20001123. 2004 (http://news.rotten.REFERENCE: Informations about BILL GATES Has collected from the bellowed sources: Sources: "Profile: Bill Gates" BBC News.referenceforbusiness.co.bbc.com/biography/F2/Gates-Bill-1955. Cringely.uk/1/hi/business/3428721.html) Bill Gates (http://www.stm) "The New Bill Gates" By Robert X. Nov.
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