Entrepreneurship Essay: Personal Goals and Business Plans

This essay, submitted by a student, explores the concept of entrepreneurship through personal reflection and observation. The author defines an entrepreneur based on observations within their community, highlighting traits like motivation, determination, and a passion for success. The essay discusses the author's aspirations to become an entrepreneur, emphasizing the importance of education in hospitality management to achieve this goal. The author expresses a desire to open a shopping mall or supermarket in their community, addressing the current lack of affordable options. The essay also explores the significance of entrepreneurship education in the hospitality industry, emphasizing how it equips students with essential skills for running a business and achieving their dreams. The student aims to leverage their education and personal drive to contribute to their community and achieve business success.

Jamaica N. Naval
III BSHM- A
ESSAY. Answer the following questions in paragraph form.
1. Observe the entrepreneurs in your community. Tell your own definition of an entrepreneur
based on your observation.
Based on my observation in my community, Entrepreneur are those persons who are
really motivated, determined and passionate for not giving up and completely dedicated in
making their business work no matter how hard the process. Nowadays, there are a lot of
aspiring entrepreneurs who do not have passion for their businesses. They just like the idea of
success. Also entrepreneurs are wise, creative, innovative and risk takers. I know a lot of
business owners here in our community and I am amazed on how they presented their
businesses to the people and how successful are they now. Some of successful businesses in
our community are supermarket, shopping mall, piggery, restaurant and etc.
2. Do you like to become an entrepreneur someday? Why?
Like every person, I dream to be a successful entrepreneur someday. Every day I like to
take some time aside from my responsibilities to think about my dreams and all the goals I want
to achieve. My dream is to become a successful entrepreneur. Business is something that has
always intrigued me. Only having a dream won’t help, I also need to work towards the
achievement of my dream. As doing business is not as easy as it seems, first I need to
understand the basics of what business actually is. This will the first step towards my dream. So I
have enrolled myself in a reputed college to do my Bachelors in Hospitality Management that
helps me to more understand customers, having my own restaurant someday or maybe a resort
or a hotel. By then I will have gained some knowledge on business and its functioning which will
help me reach my dream. This will take me closer to my dream of becoming a successful
businessman. I have also started reading magazines about successful businessmen and their
success stories in order to gain some idea that will help me in the long. I will put the best of my
efforts and work hard towards achieving my dream.
3. Why do you think entrepreneurship is important in your course? Share your answers to your
classmates.
Entrepreneurship education does not just benefit those entering the fields of science,
technology, and business but also us in hospitality management field. The hospitality industry is
a broad category of fields within the service industry that includes lodging, food and drink
service, event planning, theme parks, and transportation. It includes hotels, restaurants and
bars. Entrepreneurship will help us on developing real-world skills that will help to lead
exceptional lives in a rapidly changing world. Some of us students of hospitality management
dreams to have our own restaurant, bar or hotel, we can used what we have learned in
entrepreneurship about running a business and its functioning which will help us reach our
dreams and achieve success.
4. If you were to become an entrepreneur, what product/business would you establish? Why?

If I were become an entrepreneur someday, I want to have my own shopping mall or
supermarket with affordable prices in our community. There is only one shopping mall in our
community and they sell only limited products and also expensive ones. People in our
community including us still have to go the other town just to buy our necessities . But there are
some people that cannot afford to go the other town. I want to build my own shopping mall
with affordable prices to help them lessen with their expenses from going to the other town and
they can easily get what they need right away.