Business Venture Essay Example

Business Venture Essay Current visions about your potential business venture Regina Murphy-Moore Southern New Hampshire University Operating a company is a stimulating, resourceful, and adaptable way to plan ones opportunity and come to be an entrepreneur. Apart from making a living, it is about building a new way of life. Becoming an entrepreneur takes foresight, determination, and courage. Some of the characteristics to have when becoming an entrepreneur are: Self-confidence, believing in your business venture, focus on your strengths, being a decision maker, and being leader. Self-confidence You need to have incredible self-belief. If you lack that crucial element of confidence in your mental character, then going into business is not for you. Believing in yourself is what gives you the self-confidence that you need to be a good entrepreneur. Bear in mind that many successful entrepreneurs started out with nothing or very little, apart from self-esteem and confidence. Believing in your business venture Question yourself whether you openly believe in the business you are starting interested in. If you find that you are not entirely convinced about it, you need to continue looking until you can pinpoint one that you feel you will be ready to be committed to it. TO be successful in any business venture, you will have to be attentive nearly 24 hours a day. You will have to continuously shaping it, modifying it, and designing it. Focus on your strengths People have their own strengths, as well as weaknesses. In order to be an efficient entrepreneur, you will want to identify your strengths and concentrate on them. We will write a custom essay sample on Business Venture specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Business Venture specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Business Venture specifically for you FOR ONLY $16.38 $13.9/page Hire Writer You will be able to attain further achievement by outing your strives into the fields of your importance. For instance, if you have human management skills as a strength, you would need to control the know-how, and initiating complete use of it in the business. Being a decision maker When it is time to hire personnel, speak to shareholders, and request for credits, will have to adopt the responsibility of a leader. If you dont have the skill to lead, you will not be able to be reliable staff. As the head of your company, the people you hire will look to you for support and guidance. The ability to give the suitable encouragement and management will be the source of your merit to a great extent. Lessons learned from Jack Ma A new business owner should limit the number of business partners and always keep majority of the business. When he did a joint venture with China Telecoms, which had five board seats, and he had only ;o seats (Fanning, R. , 2009). When he tried to suggest things and would get turned down. When he selected employees he spent time telling them his vision of the company. This makes the more invested than just being employees. Making a team that has value, innovation, and vision (Fanning, R. , 2009). Not giving up, and always having hope. When selecting a name for his company, he selected a name that meant something for him and that was easy to remember for future consumers. The three reasons why he survived where, he had no money, no technology, and no plan. However, these reasons can also be negatives. When starting a new business venture those things are very important in establishing and succeed in your business.

Free Essays on Empathetic Listening

â€Å"I need to talk to you!† How many times have we heard this, especially when we are busy and just want to tell that person to send us an email, give us a note or leave a message on our voice mail. My friends, family and peers tell me I’m a good listener. I must admit; however, at times I find myself thinking about other things than what the speaker is talking about. I easily get distracted or tune out if bored. I recently found out that it takes skill and practice to be a â€Å"good listener† and exhibit empathy. In Chapter Five, of Bridges Not Walls, Stewart and Logan state that in order to listen empathically, its important to develop three sets of competencies: focusing skills, encouraging skills and reflecting skills. Focusing skills is further divided into four parts. First, give your attention to the person you are listening to. Consider it as an investment in time. Accomplish this by â€Å"aiming your posture† so that you’re facing the person whom you’re listening to and if seated, slightly lean forward. Second, â€Å"make natural and appropriate eye contact.† This shows you are conscious of the person and intent on what they are saying. Parts three and four are to â€Å"move responsibly† and â€Å"make responsive sounds.† Moving responsibly means smiling, nodding your head, frowning and so on. These actions should mirror what the person says and does. An effective listener isn’t nodding or smiling all the time, only in response to what the person is saying. Responsive sounds are, â€Å"Mnnhuh†, â€Å"Oh?† â€Å"Yeah† and so on. They are used in the same way as moving responsibly. Presenters need sounds like these t o reassure them that their audience or observer is actually listening. Encouraging skills is designed to get information or more communication from the person. Asking the person to â€Å"elaborate† or give an â€Å"example† of the situation can do this. Also, mirroring or repeating a word or phr... Free Essays on Empathetic Listening Free Essays on Empathetic Listening â€Å"I need to talk to you!† How many times have we heard this, especially when we are busy and just want to tell that person to send us an email, give us a note or leave a message on our voice mail. My friends, family and peers tell me I’m a good listener. I must admit; however, at times I find myself thinking about other things than what the speaker is talking about. I easily get distracted or tune out if bored. I recently found out that it takes skill and practice to be a â€Å"good listener† and exhibit empathy. In Chapter Five, of Bridges Not Walls, Stewart and Logan state that in order to listen empathically, its important to develop three sets of competencies: focusing skills, encouraging skills and reflecting skills. Focusing skills is further divided into four parts. First, give your attention to the person you are listening to. Consider it as an investment in time. Accomplish this by â€Å"aiming your posture† so that you’re facing the person whom you’re listening to and if seated, slightly lean forward. Second, â€Å"make natural and appropriate eye contact.† This shows you are conscious of the person and intent on what they are saying. Parts three and four are to â€Å"move responsibly† and â€Å"make responsive sounds.† Moving responsibly means smiling, nodding your head, frowning and so on. These actions should mirror what the person says and does. An effective listener isn’t nodding or smiling all the time, only in response to what the person is saying. Responsive sounds are, â€Å"Mnnhuh†, â€Å"Oh?† â€Å"Yeah† and so on. They are used in the same way as moving responsibly. Presenters need sounds like these t o reassure them that their audience or observer is actually listening. Encouraging skills is designed to get information or more communication from the person. Asking the person to â€Å"elaborate† or give an â€Å"example† of the situation can do this. Also, mirroring or repeating a word or phr...