Professional Documents
Culture Documents
Beason
SECTION: BSIT-ELECTRONICS IIB
ACTIVITY 5
Engaging Activities
ACTIVITY 6
A Conversation with an Entrepreneur
1. When did this person first realize that he or she wanted to be an entrepreneur?
when he lost money and struggled to find food
3. Has the entrepreneur used a business plan to guide the business growth?
Yes, he did. business plan is a very important and strategic tool for
entrepreneurs. A good business plan not only helps entrepreneurs focus
on the specific steps necessary for them to make business ideas succeed,
but it also helps them to achieve short-term and long-term objectives.
4. What mistakes has the entrepreneur made, and how did he or she overcome
those mistakes?
Not listening to customers
Product reviews and feedback aren’t provided without a reason.
They help you gauge which approaches work best with your customers
and which don’t. Paying attention to these helps you improve your
business and avoid approaches which do not work well with your
customers.
Of course, you will want to go beyond those questions during your conversation.
Complete the exercise by writing a brief essay about your conversation with an
entrepreneur and what lessons you were able to learn.
How did he think of starting a business when he ran out of food and
he made a plan for the business he was going to build and it was
successful but he had people at odds which caused him losses but he
changed his habit. He tried again so his business grew again.