ENT101: Developing a Professional Development Plan for Entrepreneurs

This assignment is a comprehensive professional development plan created by a student for an Introduction to Entrepreneurship course (ENT101). The plan outlines a structured approach to achieving entrepreneurial goals, incorporating SMART goals, methods for achieving those goals, and key performance indicators (KPIs) to measure progress. The student identifies personal challenges such as lack of finance, cross-cultural knowledge, and presentation confidence, and formulates strategies to overcome them. The plan covers educational goals, including pursuing an MBA, and addresses skills development, networking, and plan modification. It includes a timetable for working on each step, and the student seeks feedback from reviewers to assess the plan's appropriateness and potential impact. The plan utilizes self-analysis, identifies weaknesses, and leverages strengths to identify opportunities for growth within a dynamic business environment. The student aims to refine the plan continuously and adapt to changing market conditions to develop a suitable personality for a future entrepreneur. The assignment also references several academic sources.

Introduction to Entrepreneurship

Steps What I will
work on
SMART
goals
Method of
achieving
the goals
KPI for
every goal
Timet
able to
work
on
each
step
and
goal
1- My
personal
ambitio
n before
planning
for
business
empire
Educational
success and
time
management
SMART
Goal- I will
enrol myself
in one of the
best
universities of
the world.
Personal
challenge-
Lack of
finance
Lack of cross
culture
knowledge
Lack of
presentation
In order to
achieve the
educational
goal to
pursue MBA,
I will have to
qualify my
bachelor
degree.
Preparing for
bachelor
degree
appropriately
will assist to
build a strong
balance
Regularly
enhancing
the basic
knowledge
regarding the
business
administratio
n
Categorising
several
knowledge
videos from
the YouTube
in a specified
knowledge
within the
MBA
progra
m is
nearly
of 3
years
with
trainin
g.

confidence
(Zhang et al.,
2018).
between
previous
knowledge
and current
knowledge.
time
specialised.
2- My
level of
knowled
ge
Qualifying
the entrance
exam for the
MBA
program
SMART
Goal- will
have to
struggle for
the entrance
exams
Personal
challenge-
I am weak in
theoretical
knowledge
such as law,
and business
rules.
Preparing
each subject
with exert
hard work
and plan for
next 5 year
and its
knowledge
criteria.
Cracking the
entrance with
excelled
knowledge in
each of the
subject
specified in
knowledge in
such a pace
that I could
cover one
topic of each
subject.
Extra
time to
my
weak
subject
s and
increas
ing the
potenti
al in
those
which
are my
strengt
h
3- My
skills
Building
confidence
and grasping
knowledge
SMART
Goal- I want
to groom
confidence
and level of
Personality
development
classes,
which will
include self-
The
measurement
of own skills
will rely on
time

knowledge in
various core
subjects
Personal
challenge-
fear of taking
initiatives
confidence,
talking style
assessment.
By practising
the same
level of skill
each day
People will
experience
changes in
the regular
behaviour
4- Network Connecting
with the
people around
who can
enhance my
interaction
with the
external
market so that
I can enhance
my
knowledge
regarding
practical base
SMART
Goal- external
business
knowledge
Analysing the
business
environment
in an most
appropriate
way
Personal
challenge-
I lack
economic and
political
Process of
communicati
ng,
advertising,
and
negotiation is
necessary as
effective
communicati
on considers
both active
listening as
well as
convincing
them in an
My level of
knowledge
that do come
from
interacting
with the
people which
show how
effectively I
communicate
to the around
me and what
level of
talking style
or
Slow
and
small
steps
will
lead to
easy
compli
ance of
the
goals

knowledge.
Lack of
confidence
and lack of
communicatio
n skills will
lead to lack of
formation of
new groups
(Rosa, &
Angulo,
2016).
effective
way.
knowledge, I
have actually
developed
5- Improvi
ng the
whole
plan
The plan
need to be
accessed time
to time so that
I can identify
new potential,
which has to
be part of my
personality to
achieve the
final goals
(Clardy,
2013).
SMART
Goal-
modifying it
from time to
time
Personal
challenge-
lack of
knowledge
will lead to
slow and
unnecessary
modification.
Achieving
expertise in
theoretical as
well as
practical
knowledge so
that entering
into the
business
environment
can become
easy for me.
Assessment
of each
strategy
changes in
planning of
the
personality
development,
while
comparing
them to
different
times when
A time
span of
five
years
and
then its
evaluat
ion

business
environment
was not so
dynamic.
With the help of professional development plan, this plan will identify personal challenges as
faced by me while preparing for the entrepreneur. This will use SMART goals and personal
challenges (Anthony, 2016).
Questions for my reviewers for my plan
How far you feel that this professional action plan is appropriate to my development in
future.
Do you think this professional development plan will bring huge change in my skillset?
Have you ever prepared this kind of plan regardless of becoming entrepreneur?
Have you ever observed my personality closely and do you think I will be able to comply
with the professional development plan? (Lemieux, 2017)
How often do you think I will have to change my professional development plan in a year?
Feedback from the reviewers according to the questions and the experience regarding
the entrepreneurial context
After asking questions from each of the reviewer, it is seen that they indicate me as diligent
and grid based personality, who has the sense of figuring out appropriate goals and strive to
prepare for them to achieving (Anthony, 2016). In regards to entrepreneur, people have
marked me as strong knowledge base person with the assistance of practical part. They say
that I have good understanding that there is a method through, which I can accomplish the
use of both practical as well as theoretical knowledge (Anthony, 2016). As my some of the

weaknesses, people use to say I am bit lazy regarding the adoption of development plan, as
the process will be bit slowly. From the above identified skills set, weakness, and strengths in
my personality. It is necessary to find the nearby opportunities to access one`s personality
and get the opportunity to grab. I will conduct modification form time to time as per the
changing business environment (Zhang, Zhang, & Hu, 2016).
Conclusion
It is seen that this professional development plan is an effective way to analyse the
effectiveness of the system and create some of the important criteria so that I could develop
an appropriate personality that is exactly suitable for a future entrepreneur.

References
Anthony, I. (2016). SWOT self-analysis: Student assessment and monitoring. Nurse
educator, 41(3), 138.
Clardy, A. (2013). Strengths vs. Strong Position: Rethinking the Nature of SWOT
Analysis. Modern Manag Sci Eng, 1, 100-22.
de-la-Rosa, O. M. A., & Angulo, L. M. V. (2016). STUDENT SUCCESS, SELF-
EFFICACY, DEGREE COMPLETION, DROPOUT, ATTAINMENT, AND SWOT
ANALYSIS FOR THE UNIVERSITY OF LA LAGUNA QUALITY
SYSTEM. Journal of Education Research, 10(2).
Lemieux, V. L. (2017). Blockchain recordkeeping: a SWOT analysis. Information
Management, 51(6), 20-27.
Romero-Gutierrez, M., Jimenez-Liso, M. R., & Martinez-Chico, M. (2016). SWOT analysis
to evaluate the programme of a joint online/onsite master's degree in environmental
education through the students’ perceptions. Evaluation and program planning, 54,
41-49.
Zhang, Q., Zhang, K., & Hu, G. (2016). Smart three-dimensional lightweight structure
triggered from a thin composite sheet via 3D printing technique. Scientific reports, 6,
22431.
Zhang, Y. D., Zhao, G., Sun, J., Wu, X., Wang, Z. H., Liu, H. M., ... & Li, J. (2018). Smart
pathological brain detection by synthetic minority oversampling technique, extreme
learning machine, and Jaya algorithm. Multimedia Tools and Applications, 77(17),
22629-22648.