Opportunity Journal 1: Self-Reflection and Future Trends in Business

This assignment is an entrepreneurship journal entry focusing on self-reflection and future industry trends. The student reflects on their passions, strengths, and weaknesses, considering how these attributes align with potential entrepreneurial ventures. They analyze emerging trends like automation and identify role models such as Larry Page, discussing how these figures inspire their leadership aspirations. The journal also prompts the student to consider how their passion can translate into a viable business opportunity, emphasizing the importance of self-awareness and strategic foresight in the entrepreneurial journey. Desklib offers a wealth of resources, including past papers and solved assignments, to support students in their academic pursuits.

Student Name: Student ID:
Opportunity Journal 1 - Knowing Yourself and Brief Reflection ofthe Future
Instructions:
1. Spend twoto three hours to work on this journal
2. Work individually because the idea of this exercise is for self-reflection
3. Submit the softcopy of your completed journal through LMS by the deadline date suggested in the turnitin link
NOTE: COPYING ANSWERS FROM OTHER RESOURCES WITHOUT PROPER REFERENCING IS AN
ACADEMIC MISCONDUCT. REFER TO ACADEMIC INTEGRITY POLICY OF THE UNIVERSITY.
Reflection Point Your Thoughts
Knowing Yourself
What do you really enjoy doing/your passion?
You need to explain your answer in one to two
paragraphs.
My passion is to become an influential
leader. I dream about leading a team to
success in an organisational project.
I enjoy delegating tasks and guiding people
in a manner that can help in gaining success
in the organisational projects
What do your friends & family envision you
doing?
What strengths & weaknesses do they observe?
How do their insights help lead you to a business
idea that is right for you?
NOTE: To answer this question you need to talk
with your family, partner or friends.
My family and friends also envision similar
passion to that of mine
They observe that I can be tactical and at the
same time can be impatient while guiding
people
Their insights help me to gain situations that
need effective compiling of tasks. They
provide me with guidance in tough situations
Which of your personal attributes will most help
you succeed as an entrepreneur?
You need to explain your answer in one to two
paragraphs.
My will power will help me to be a
successful entrepreneur. This is because I
have the urge to learn new things and can
contribute to the development of any tactics
that require effective analysis of situations
Which attributes do you think you need to
further develop?
You need to explain your answer in one to two
paragraphs.
I need to be more patient if I am going to be a
successful leader.
My biggest weakness is that I am impatient
and this can be a big drawback as the intellect
of every member of the team is different.
I need to search the strengths and weakness
of my team members to understand their
situation and lead them accordingly
Brief Reflection ofthe future
What industry trends do you see developing over
the next five to ten years?
You need to explain your answer in one to two
paragraphs. You can use references to justify
your answer.
Automation can be important and developed
industrial trends that can be formed within
the next five to ten years. With the existence
of technology this particular trend is not far
away from being a success in the business
management environment
How do you think your passion fit in into these
industry trends? Can your passion be a platform
for a viable opportunity?
Over the next five to ten years, I see myself
emerging as one of the best leaders in the
business management unit. I can help in
Ref: Bygrave, W., and Zacharakis, A., Entrepreneurship, 3rd Ed., Chapter 1, 2 John Wiley, 2014

Student Name: Student ID:
You need to explain your answer in one to two
paragraphs.
guiding employees throughout the world in
which my company will be based.
This can help me and my company to attain
global recognition and become one of the
competitive forces in the business market
Who are your entrepreneurial role models –
explain what you see in these people?
Can you foster any of them into mentors – why
or why not?
My role models include Larry Page, Rupert
Murdoch, Steve Jobs and Mark Zuckenberg
who have developed some of the most used
technological platforms in the world. These
people have developed my interests in
leading and have provided me with the
passion to lead in an effective manner.
I can foster the mentoring techniques of
Larry Page as he has developed the most
widely used search engine and have managed
to help the world with all types of needs.
Maintaining such a huge platform on a daily
level at every minute is a challenging task
and he has helped in developing Google as
the success it is today
Ref: Bygrave, W., and Zacharakis, A., Entrepreneurship, 3rd Ed., Chapter 1, 2 John Wiley, 2014