Wow! Week 13….

It was very great to learning such good principles this week in the readings materials which motivate me in my path as a business management student.

From the article entitle An Attitude of Gratitude of the April 1992 general conference, by Thomas S. Monson; I have that our opportunities are limitless, and mothers deserve our undying gratitude. That true friends out up our idiosyncrasies, that they have a profound influence in our lives.

From the article entitle Identifying and Exploiting the Right Entrepreneurial Opportunity…for you? That the pursuit of opportunities is the essence of entrepreneurship. That the process of identifying and exploiting entrepreneurial opportunities begins with an idea that addresses some societal need. So, that entrepreneur must first check the idea for economic feasibility, and satisfied that it is a realistic possibility. Entrepreneur must evaluate each opportunity in the context of their current situations and life plans like:

·         A personal definition of success,

·         Entrepreneurs are fortunate to have choices,

·         Long term success is not the result of a series of short term,

·         Each of us lives in web of relationship.

That entrepreneurs operate in environments characterized by great uncertainty, rapid growth, radical change, and extremely limited resources. I have learned about the five evaluation criteria, which are:

·         Real ness of the opportunity

·         Durability of the opportunity

·         Marshalling resources

·         Managing the venture

·         Harvesting the venture

Whatever path you take in the short run, that it is important to consider the longer term impact of your choice. So, it may close some doors, but it will also open some new ones. That becoming an entrepreneur will impact your life.