Knowing Yourself and Brief Reflection of the Future

Student Name: Student ID:
Opportunity Journal 1 - Knowing Yourself and Brief Reflection of
the Future
Instructions:
1. Work individually because the idea of this exercise is for self-reflection
2. Submit the softcopy of your completed journal through LMS by 5PM,
Friday 23rd August 2019
3. All answers included must not exceed word count of 500.
NOTE: COPYING ANSWERS FROM OTHER RESOURCES WITHOUT PROPER
REFERENCING IS AN ACADEMIC MISCONDUCT. REFER TO ACADEMIC
INTEGRITY POLICY OF THE UNIVERSITY.
Knowing Yourself
What is your Definition of an entrepreneur?
An entrepreneur is a person who has ability to set up a business by
taking financial risks assuming that the investment will result fruitful
and he/she will earn profits. An entrepreneur is a person with strong
will power who is able to learn from losses and celebrate the profits.
An entrepreneur combines his wealth into land and labour to set up
business programs.
Which of your personal attributes will most help you succeed as an
entrepreneur?
In my opinion, these are some of my personal attributes, which will
help me in succeeding as an entrepreneur. For instance my
disciplinary nature, confident decision making skills, open-
mindedness which brings the ability to welcome new ideas in the
business, positive competitive attitude and determination towards
work and most importantly passionate about achieving goals, it
becomes important with time for the entrepreneur to motivate
employees and help them in achieving the targets. Along with these
attributes, an entrepreneur is required to have team management
skills he should have empathetic and sympathetic attitude towards
the subordinates.
Which attributes do you think you need to further develop?
Ref: Bygrave, W., and Zacharakis, A., Entrepreneurship, 3rd Ed., Chapter 1, 2 John Wiley, 2014