enterpreneur assignment, Study notes of Entertainment Business Management

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Typology: Study notes

2019/2020

Uploaded on 10/25/2020

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Name: Kaveena A/P Vivekananda
ID : 201907020014
Program : BBA
Answer
1. Entrepreneur an individual who ‘undertakes’ the risks of a new enterprise.
2. A) Self-Discipline
The first trait that all successful entrepreneurs must possess is self-discipline.
Self-discipline is the single most important quality for success in life and
business. If you can discipline yourself to do what you should do, whether you
feel like it or not, your success is virtually guaranteed.
B) Integrity
The second trait that all successful entrepreneurs must possess is integrity.
Perhaps the most valued and respected quality you can develop is a reputation
for
absolute integrity. Be perfectly honest in everything you do and in every
transaction
and activity.
C) Persistence
The third trait that all successful entrepreneurs must possess is persistence.
Persistence is the iron quality of character.
D) A Clear Sense Of Direction
The fourth trait that all successful entrepreneurs must possess is a clear sense of
because of the turbulence and rapid change in today’s marketplace, most
business
owners have been reduced to operating day-by-day, almost like firefighters.
E) Decisive And Action Oriented
The final trait that all successful entrepreneurs must possess is being decisive and
action -oriented. They must think and make decisions quickly.
3. A) Motivation
Hard-working business owners are incredibly motivated to succeed. Adopting this
mindset and being able to demonstrate your motivation to an employer.
B) Creativity
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Name: Kaveena A/P Vivekananda ID : 201907020014 Program : BBA Answer

  1. Entrepreneur an individual who ‘undertakes’ the risks of a new enterprise.
  2. A) Self-Discipline The first trait that all successful entrepreneurs must possess is self-discipline. Self-discipline is the single most important quality for success in life and business. If you can discipline yourself to do what you should do, whether you feel like it or not, your success is virtually guaranteed. B) Integrity The second trait that all successful entrepreneurs must possess is integrity. Perhaps the most valued and respected quality you can develop is a reputation for absolute integrity. Be perfectly honest in everything you do and in every transaction and activity. C) Persistence The third trait that all successful entrepreneurs must possess is persistence. Persistence is the iron quality of character. D) A Clear Sense Of Direction The fourth trait that all successful entrepreneurs must possess is a clear sense of because of the turbulence and rapid change in today’s marketplace, most business owners have been reduced to operating day-by-day, almost like firefighters. E) Decisive And Action Oriented The final trait that all successful entrepreneurs must possess is being decisive and action -oriented. They must think and make decisions quickly.
  3. A) Motivation Hard-working business owners are incredibly motivated to succeed. Adopting this mindset and being able to demonstrate your motivation to an employer. B) Creativity

No matter what industry you’re in, employers want workers with out-of-the-box ideas. They want employees to be able to not only carry out assignments, but also come up with better ways of doing things. C) Vision Successful entrepreneurs always keep one eye on the big picture, and this ability can make you a better employee. “Vision is about strategic planning,”. D) Versatility You have to be able to adapt to changes in the workforce. “You may be hired for a specific set of skills, but it’s important to be able to shift as needed. E) Flexibility Like an entrepreneur, you have to be able to adapt to change and solve problems as they arise, Mufson says. A good team player can shift their priorities to help out whenever the team needs assistance.

  1. Entrepreneurs fail because they're often self-delusional and greedy believing that they're just a sale away from revolutionizing an industry and becoming filthy rich. Entrepreneurs often fail because they're not housebroken, because they speak their minds no matter how inappropriate or inopportune the situation may be.
  2. Dato’ Lee Chong Wei Dato’ Lee Chong Wei is a Malaysian Chinese professional badminton player. He was ranked first worldwide for 199 consecutive weeks from 21 August 2008 to 14 June 2012. He is the third Malaysian player to achieve such a ranking (since official rankings were first kept in the 1980s), and is the only Malaysian shuttler to hold the number one ranking for more than a year. Chong Wei is a silver medalist in both the 2008 and 2012 Olympic Games, making him the sixth Malaysian to win an Olympic medal and the first Malaysian to reach the finals in the men’s singles event.