This document is a reflection on personal learning about the entrepreneurial process. It discusses the different factors that affect entrepreneurship and explores new and innovative ideas for starting a business.
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FORMATIVE ASSESSMENT REFLECTION ON PERSONAL LEARNING
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Table of Contents MAIN BODY..............................................................................................................................................3 DESCRIPTION...........................................................................................................................................3 FEELINGS.................................................................................................................................................3 EVALUATION............................................................................................................................................3 ANALYSIS.................................................................................................................................................3 CONCLUSION...........................................................................................................................................4 ACTION PLAN...........................................................................................................................................4 REFERENCES................................................................................................................................................5
MAIN BODY DESCRIPTION From my finding I have learned about entrepreneurial process in which it have given me the information about what are the different factors that will affect the entrepreneurial process (Choi, Walters, A. and Hoge, P., 2017). I have learned about the there are four steps in the process which includes how I can become the entrepreneur. Along with this what are the new and innovative idea I will be coming up with me FEELINGS I was very happy when I come to know that I will learn new things which are very useful for me in future if I want to start my own business. Before this I was thinking that it is not good but after finishing all this learning I find it more interesting. I learn different definitions of what is this and what are the difference organizational theorist approach by all this learning I was very satisfied that I got the chance of knowing what are all these things. EVALUATION The things that I was learning was very well an worked well but this I have come to know different types of facts whether they are related to discovery, exploitation and other different types of moods. The bad were that there are few issues that are to be faced by the entrepreneur when they will start the business. I’ve come to know that he must be very hard working to achieve all the goals that he has set. There were a few things which I was not getting in Data related to there is a change in need and cost of supplies along with it also includes economics of supply (Burrows, 2018). ANALYSIS I think the reason behind going all the things in right manner because I have written proper manner by having full details about it. By the analyze of the discovery which is known as the conceptual site of entrepreneur. By this I’ve come to know that I can make new idea which will result in developing business concept. On the other hand I want to come to know that
exploitation is known as the attempt that will result in capturing the value that is related to perceived opportunity thro ventures creation of the ventures. CONCLUSION By concluding the about I have learned different things about entrepreneurship that is what is the entrepreneur process along with what are the specs of the business development. in addition to this organizational theorist approach. and how entrepreneur have to develop different types of ideas which will make their business successful. From the old assignment I have also learned new things that are related to that entrepreneur always come up with new and innovative ideas which not only make them sell innovative but also their forms which will result in in managing and growing on the faster business. ACTION PLAN When I will be learning next time about entrepreneur process the first thing that I will to kiss what are the different types of Strength they must have. Next time in this topic I will do more research and learn you knew things (Pospisilova, 2018).
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