Professional Development Plan: ENT101 Introduction to Entrepreneurship

This assignment presents a professional development plan designed for an entrepreneurship course (ENT101), incorporating self-assessment and SMARTT goal setting. The plan outlines steps to improve personal attributes, knowledge, skills, and networks, with measurable key performance indicators (KPIs). It emphasizes the importance of market research, advertising, and customer attraction. The plan includes a review section with questions for reviewers and personal reflections on the learning process. The student identifies key takeaways such as market research, advertising, and customer attraction. The assignment also references module notes on knowledge, competency, and entrepreneurial success factors, aligning capabilities with entrepreneurial attributes and success factors.

Professional Action Plan Template
Instructions: Complete each section of the table and the review section below the table. Identify areas of improvement taking into account the
self-analysis you conducted in your Professional Capability Assessment (module 5.2)
Title e.g. This plan is designed to develop my goals, methods and Key Performance Indicators for my professional development as an
entrepreneur.
Step What I will work on My SMARTT goals My method/s to achieve
my goal
My KPI for each goal Timeline to work on or
complete each step and/or
goal
Step 1 My
personal
attributes
e.g. Time
Management
SMARTT Goal
e.g. Manage my time better
by completing a list of
priorities for the week ahead
every Sunday evening. I will
do this on a template I have
found at mindtools.com
Personal challenge
e.g. I often watch TV on
Sundays and will need to
block out a time without the
TV on to focus on this goal.
e.g. Using a template I
will complete myself
Choose a specific time on
Sundays and turn off the
TV.
Set an alarm on Sundays
on my phone to remind
me to turn off the TV and
complete the template.
e.g. One completed
template for every
Sunday during the
Trimester
e.g. Every Sunday during the
Trimester
Step 2
My
knowledg
e
Need to find adequate
information on the
subject matter of the
comic book industries
SMARTT Goal
To understand how the comic
book industry works
Personal challenge
May face difficulties in finding
Will first study about the
major comic book
industries operating in
the country itself .
One comic book
company every day.
Everyday.
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information about a
particular comic book
industry.
Step 3
My skills
Hire professionals with
prior experience in the
field itself as well as
interns for performing
the job.
SMARTT Goal
To get the best possible
employees for the job.
Personal challenge
To see how many best
employees one can get.
Provide information
about the company and
the hiring which goes into
the signing of the
employees.
Work on the process
everyday.
Gert as many employees
within a month.
Step 4
My
networks
Launch the best
possible marketing
strategies for
attracting the
customers.
SMARTT Goal
Introduce a number of latest
strategies.
Personal challenge
Competition with other
companies.
Get as many customers as
possible
Regular working on the
process.
Within a month.
Step 5
Improving
my plan
To get as much profit
as one can from the
market itself.
SMARTT Goal
To get more customers in the
business.
Personal challenge
Rivalry with other companies
To attract more
customers in the
marketplace as possible.
Carry the process
regularly.
For a period of 3 months.
Reviewers
The plan will be reviewed by the professionals with prior experience in the field itself.
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Five questions for my reviewers
1. Are my goals appropriate for improving myself in a business/entrepreneurial context?
2. Will I achieve the target audience that I need for myself?
3. How will I withstand the competition in the market itself?
4. Will customers respond to my advertising strategies?
5. Will I find enough people to work for me?
Feedback from my reviewers
The reviewers will state whether they will be interested in the products sold by the company on which I am trying to be entrepreneur of.
My personal reflections on the exercise
Identify 3 aspects you have learnt:
1. Market Research.
2. Advertising.
3. Customer attraction.
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