Entrepreneurship Assessment 1: Evaluating an Idea for Waste Management

This essay evaluates an idea for waste management that addresses the needs and problems of society and the environment. It also reflects on personal development in entrepreneurship and how it can ensure the idea creates solutions to people's problems.

Entrepreneurship

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY ..................................................................................................................................1
PART1 ............................................................................................................................................1
Write an essay that evaluates an idea you have that then address the needs and problems of
ourselves, others, and the broader community and world. What led you to choose this idea?. . .1
PART 2............................................................................................................................................3
You are expected to reflect on your personal development in your participation in this module
by demonstrating the how the entrepreneurial skills and knowledge you have gained will
ensure that your idea will create solutions to people’s problems and address people’s needs....3
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6

INTRODUCTION
Entrepreneurship is an important perspective which is used for developing innovative
ideas in order to deal with various factors leading towards upliftment of business with positive
approach. The concept of entrepreneurship is based upon scaling of business on large scale
within which makes business idea developed with positive approach in market. These essay is
based upon two parts within which first part is based upon business idea that has been developed
to solve issues. Then in second part personal development is done in relation to an entrepreneur.
MAIN BODY
PART1
Write an essay that evaluates an idea you have that then address the needs and problems of
ourselves, others, and the broader community and world. What led you to choose this idea?
The selected idea is based on developing product which is used in order to help in
managing recycling of waste that is “ waste recycler”. The proposed idea is to make sure that all
kinds of waste materials that is thrown by an individual on roads. This idea has been developed
by analysing the rising problem of waste management which has leads over creating problems
towards managing of waste. The product is developed by my organization which is helpful in
making waste created usable biodegradable items that can be used by an individual to protect
environment surroundings. The idea has been made after conducting detail analysis over
problems that has been faced by an individual or society due to scattered waste. The problems
that can be solved with the product is pollution, less pure water, green house effect. I have dine
lot of research over waste and its impact upon environment which has made me realized the need
of product(Sahut, Iandoli and Teulon, 2020). Thus the product has shown contribution done over
towards environment which has made me attain hold within market. In order to enhance my
product stability I am required to follow various kinds of steps which is control of dumping: in
diverse business enterprise right control of waste isn't their that makes tough to unload off plastic
and metals that has disturbed the cycle of waste control. Reliable series and higher landfill sites:
This is primarily based totally upon regulating and depending that is used for dealing with of
landfills for dealing with of waste. Separate series and sorting: It is subsequent segment which
incorporates setting apart of waste even as acting dumping which allows upon making waste to
be segregated in powerful way. Expanding re-biking system: As in line with the system waste
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that may be re-cycled is needed for use which makes business enterprise attain venture of
environmental safety on big scale(Steininger, 2019). The round economy waste as a resource:
that is an vital component that is used in an effort to make waste generate cash t growing
merchandise that may be used once more for promoting with the aid of using an business
enterprise. These segment are required to be accompanied with the aid of using an I in an effort
to make waste flow feasible which will increase clean and effectiveness in the direction of
dealing with waste. Thus those levels makes me increase robust shape concerning waste control
and being a accountable I need to be capable of make distinction inside society my
entrepreneurship capabilities. This may be performed with the aid of using me simplest
following the concept of dealing with waste with right steps and powerful techniques. Being an I
its grow to be my responsibility are seeking that waste is controlled in right way for this modern
era and machines is needed for use making waste greater usable inside system of growing
merchandise. Further, I am required be centred over growing waste control cycle this is primarily
based totally over lessen, reuse, re-cycle and repair. It makes waste control to be carried out with
greater effectiveness for an commercial enterprise business enterprise. Waste control is an vital
angle calls for to be accompanied with the aid of using an business enterprise and its leaders.
The method of my entrepreneurship must calls for over enhancing waste control which
makes excellent contribution to be performed in the direction of surroundings safety with the aid
of using making air and water exceptional advanced which reduces greenhouse effect. Also,
minimising the extraction of sources leads upon controlling pollutants that provides fee to my
enter in the direction of surroundings. Innovate thoughts of I need to be centred upon growing
strength with the assist of waste that makes strength stored for destiny use(Sutter, Bruton and
Chen, 2019). The idea which might be vital for waste control are searching for options for
purchasing waste and making it use for operations inside factories and product formation that
leads upon attracting greater clients in the direction of business enterprise. Through the concept
of dealing with waste an I is capable of create instance for different businesses to transport in the
direction of fixing troubles of surroundings with powerful method. The concept has been taken
in an effort to apprehend approximately the hassle of waste control and entrepreneur. Through
this Idea I am, capable of increase top and powerful entrepreneurial method which leads over
growing my commercial enterprise inside marketplace. I even have decided on the concept in an
effort to ensure that environmental recognition is created inside society which makes emblem fee
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of my business enterprise greater inside society. I am capable of generate greater revolutionary
system concerning waste control which makes my business enterprise carry out company social
responsibility(Sutter, Bruton and Chen, 2019). My preliminary studies over marketplace has
made me understand that my competition aren't capable of awareness upon the concept as they
had been dumping waste in open which reasons lot of pollutants. So, in an effort to live in
advance of them I need to strictly observe waste control which makes environmental shield and
allows in attracting clients which might be properly privy to environmental safety norms this
makes my business enterprise as an I paintings in the direction of improvement of society with
new direction paved for boom and fulfilment of commercial enterprise inside society.
PART 2
You are expected to reflect on your personal development in your participation in this module by
demonstrating the how the entrepreneurial skills and knowledge you have gained will
ensure that your idea will create solutions to people’s problems and address people’s
needs.
As in keeping with my observation, non-public improvement is one of the main thing that
is used which will beautify non-public targets which leads upon growing robust standards in the
direction of expert integrity. It is used which will make over all improvement of man or woman
even as appearing numerous sports concerning boom and sustainability. In context of
entrepreneur, non-public improvement plan holds significance for boosting their abilities and
understanding which facilitates in starting up commercial enterprise(Tien and et. al., 2019). The
idea of entrepreneurship is primarily based totally upon making an man or woman commercial
enterprise on massive scale. It is used through marketers to broaden management and control
abilities that makes commercial enterprise run with fantastic technique. It isn't always vital that I
is capable of reap fulfilment inside commercial enterprise however such technique they're
capable of making instructions which facilitates them of their destiny development. Personal
improvement plan makes an I obtain command over qualities, abilities and trait which makes
them carry out numerous sports of commercial enterprise through growing robust management
structure. Skills which are required to be better through non-public improvement plan are
conversation abilities, Problems fixing sills,, entrepreneurial abilities, management abilities.
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Further, non-public improvement plan leads upon imparting clean imaginative and
prescient through making Ito outline views that is vital for commercial enterprise boom. This
makes goals to be recognized through making targets progressed with perfection. Also, non-
public improvement helps development inside present abilities of I through education, guidance,
education and improvement over abilities which can be required to be targeted upon such
technique makes I ought to are seeking attention over methods to generate motivation inside
personnel which makes I reap their goal on time. Professional improvement is an vital a part of
entrepreneur's existence which makes moral technique obtain which will conducted commercial
enterprise sports with order and discipline. Professional development includes hold education
and training for development of a entrepreneurship allow a a I make bigger new ideas, utilise
their understanding and moreover enhance their knowledge specifically field. It is vital for a Iget
opportunity through enhancing of approach by enhancing understanding towards entrepreneur.
Motivation makes entrepreneurship obtain understanding over the ones elements that makes
personnel obtain stability. This makes an I broaden robust technique which will inspire personnel
a part of personnel which will increase emblem cost of an business enterprise greater effectively.
In order to make non-public improvement feasible I calls for to set short, medium and long time
desires this is executed with the assist of private improvement plan. In relation to
entrepreneurship those desires make development to be measured on massive scale which makes
commercial enterprise broaden continuously(Welter, Baker and Wirsching, 2019). This is
primarily based totally upon growing destiny angle which makes blessings finished greater
effectively. These desires makes entrepreneurial minimise distraction of an entrepreneur. It leads
in the direction of growing Greater Focus: These desires are the ones desires which offer clean
attention in addition to course to a entrepreneur. With those desires a a entrepreneurial get to
understand approximately what they desires to obtain and whilst to obtain. It additionally offer
readability to an man or woman approximately what elements inspire them and growth their
productivity. Increase self assurance: These desires are the ones desires which may be attained
inside much less time with much less efforts which increase self assurance of a entrepreneur. It
offer offer clean, unique and measurable final results to a that is vital which will increase self
assurance of a entrepreneur(Vedul and et. al., 2022). Entrepreneurial improvement plan refers to
report which comprise records associated with abilities required through movement to be taken
which will enhance those abilities. This plan offer will obtain required abilities and desires of
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their existence. I have used personal development plan in order to develop basic understanding
about various kinds of skills that is important for making development of entrepreneurial
strategies which relates with my personal development. Also the personal development has made
me realized about those areas which is important as an Ito me.
CONCLUSION
From the above discussion it can be concluded that entrepreneur is able to develop new
an innovative idea which makes business organization attain value within market. This has
helped in making business achieve its goal of improving society. The essay contains two parts
within which first part is based upon developing innovative idea which is used for solving issue
existing in society. In second aspect of essay personal development has been conducted which
makes entrepreneur focus upon personal growth and progress.
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REFERENCES
Books and Journals
Alvarez, S. and Barney, J.B., 2020. Has the concept of opportunities been fruitful in the field of
entrepreneurship?. Academy of Management Perspectives, 34(3), pp.300-310.
Dias, C.S., Rodrigues, R.G. and Ferreira, J.J., 2019. What's new in the research on agricultural
entrepreneurship?. Journal of rural studies, 65, pp.99-115.
Kwilinski, A and et. al., 2019. Formation of the entrepreneurship model of e-business in the
context of the introduction of information and communication technologies. Journal of
Entrepreneurship Education, 22, pp.1-7.
Morozova, I.A., Popkova, E.G. and Litvinova, T.N., 2019. Sustainable development of global
entrepreneurship: infrastructure and perspectives. International Entrepreneurship and
Management Journal, 15(2), pp.589-597.
Ratten, V. and Usmanij, P., 2021. Entrepreneurship education: Time for a change in research
direction?. The International Journal of Management Education, 19(1), p.100367.
Sahut, J.M., Iandoli, L. and Teulon, F., 2021. The age of digital entrepreneurship. Small
Business Economics, 56(3), pp.1159-1169.
Steininger, D.M., 2019. Linking information systems and entrepreneurship: A review and agenda
for IT‐associated and digital entrepreneurship research. Information Systems
Journal, 29(2), pp.363-407.
Sutter, C., Bruton, G.D. and Chen, J., 2019. Entrepreneurship as a solution to extreme poverty: A
review and future research directions. Journal of business venturing, 34(1), pp.197-214.
Sutter, C., Bruton, G.D. and Chen, J., 2019. Entrepreneurship as a solution to extreme poverty: A
review and future research directions. Journal of business venturing, 34(1), pp.197-214.
Tien, N.H and et. al., 2019. Sustainable social entrepreneurship in Vietnam. International Journal
of Entrepreneurship, 23(3), pp.1-12.
Vedula, S and et. al., 2022. Entrepreneurship for the public good: a review, critique, and path
forward for social and environmental entrepreneurship research. Academy of
Management Annals, 16(1), pp.391-425.
Welter, F., Baker, T. and Wirsching, K., 2019. Three waves and counting: The rising tide of
contextualization in entrepreneurship research. Small Business Economics, 52(2),
pp.319-330.
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