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Let’s Check and Let’s Analyze

A. For survival: Scarcity or Ingenuity

There is a need to invent, create and innovate when there is scarcity. As a


marketing student, I was taught that before starting a business I must first
determine and understand the needs of our target market. In the video that I
saw, businessmen do exactly like that since the area where they are located is
devoid of water, they had brainstorm on what to do and invent a machine that
can be used in the process of producing a water. Ingenuity over scarcity, this is
something that I can use someday when I want to create something that will
benefit both me and my supposed target in the future when I start creating my
own business.

B. Turning Wild Imagination to Reality


It may seem impossible, but if we keep pushing our imaginations, it may
become a reality. As an entrepreneur, we must possess these qualities.
Entrepreneurs are willing to push their imaginations until it becomes reality.
Even if they encounter such situations or difficulties they don’t easily give up.
C. From Failure to Success: Learn and Grow
I think as long as we are willing to learn from our mistakes, our failure will not
define us. To be a great entrepreneur, we must first face failure in order to
develop our emotional and coping skills. Take what you have learned from it
and use it to drive you forward. Perseverance is needed to become an
entrepreneur; it is a test of how long you will be able to persevere through
difficulties, despite the challenges you may face.

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