SEFL Reflection: Entrepreneurship Plan - UK Business Venture

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Added on  2022/12/23

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Homework Assignment
AI Summary
This assignment is a self-evaluation and reflection on the student's entrepreneurial plans to start a retail business in the UK. The student, originally from India, outlines their motivations, which include strong communication skills and a desire for new opportunities. The reflection discusses their strengths, such as effective communication with customers and suppliers, and weaknesses, particularly public speaking. The student details their strategies for overcoming these weaknesses, such as actively seeking opportunities to engage with groups of people. The document also acknowledges the risks involved in moving to a new country and the increased effort required to achieve success. The student references relevant literature to support their reflections. This assignment provides insights into the challenges and opportunities faced by an entrepreneur venturing into a new market.
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SEFL REFLECTION
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TABLE OF CONTENT
MAIN BODY...................................................................................................................................3
REFERENCES................................................................................................................................5
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MAIN BODY
I am an entrepreneur who has come from India to UK for the purpose of changing my
life. I want to establish my own business in this country. With the help of some friends and
family living in UK I will get the necessary support. My plan is to open my own retail shop as
that was what I was doing back in India. My motivation has been my own communication skills
which has proved to be very effective. This is a new country for me but I don't see it as a
problem rather I feel very comfortable with the language and am I looking forward to the
opportunities I will be presented with in this country. With the help of strong communication I
am able to connect with customers, employees and also my suppliers. That's how I will build
trust with them which helps me increase my productivity and sale. This quality of mine makes
me easier to understand. This quality of mine will improve my coordination with new people and
this also makes me a good listener. Some new people which I will meet in this country will like
to engage more because I am a good listener (Chalcraft, 2020). Listening to others will give me
the quality of collecting information and experience which normally can only be attained with
time. This new country will be the road to my success as I can see many opportunities which can
be grabbed by me.
UK is very famous for its market which has been always growing no matter what,
because of which this market provides great scope for entrepreneurs like me which are interested
in starting new business. This will be a totally different experience for me as I am completely
new to this country. I will be a very difficult task because know a very few people in this
country. It will be hard for me to rely on my friends and family for help as they will be having
their own life and work. My aim will be to make new friends and with the help of them
understand the country. The language will not be an issue however, in UK I might find some
Indians as well which can explain me about the country in a lot different way. My
communication skills are excellent however, I have noticed this one thing in me that I am not
good at facing a group of people. Basically I get nervous while talking to multiple people at
once. I can call this a weakness of mine. But I have been looking for ways of over coming this
weakness of mine.
In my career as an entrepreneur specially in a country like UK I will have to face a lot of
groups (Fernandez, M., and et.al.,2018). This weakness of mine will not make me stop chasing
my dreams, For overcoming this situation I have decided to visit places where I can encounter
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lots of people. The best way of doing so would be to go on family or friends gathering in which I
will automatically have to face my weakness. This will put me under a significant pressure which
might be enough for me to learn this skill and overcome my weaknesses. My weaknesses and my
strengths all of it will be used by me I such a way that is reach success. I am looking forward to
my plans and hoping for success. Usually I am a person with a very positive attitude however, I
have realized something which is a very big threat to my plans in life. Me planning to move to a
new country was a brave decision by me with all kinds of optimistic ideas but what I have failed
to realize is that if my plans as an entrepreneur fails I will be in a very tough situation.
Everything I had in the previous country, all my friends, family and business I have left it all for
gaining opportunities in my life. Its a courageous step taken by me for achieving great success in
life. It has not been easy for me to leave everything but for achieving something we might have
to lose something as well. Now that the risk of losing everything I have had is involved I will be
giving twice the effort to achieve success in my plans in this country.
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REFERENCES
Books and Journals
Chalcraft, J., 2020. Egypt’s 2011 uprising, subaltern cultural politics, and revolutionary
weakness. Social Movement Studies, pp.1-17.
Fernandez, M., and et.al.,2018. New opportunities, new challenges: Harnessing Cuba’s
advances in agroecology and sustainable agriculture in the context of changing
relations with the United States. Elementa: Science of the Anthropocene, 6.
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