Entrepreneurship ? How Badly Owner Business? Why? Essay

entrepreneurship ? How badly owner business? Why? Why ? Why time?

Is entrepreneurship for me? How badly do you want to be an owner of your own business?

Why? Why not? Why not at this time?

An entrepreneur gets to create his or her own enterprise from the ground up. He or she gets to set the rules and policies of the company, rather than has to follow them like a company employee. If the business succeeds or fails, it is largely on the founder's shoulders. The entrepreneur gets to select a business model he or she feels passionately about, rather than simply 'punch a clock' to get a paycheck. While there is the unfortunate potential for great losses if the business fails (and many do) there is also the potential for great rewards, if the business is a success.

An entrepreneur must be creative -- first to frame the business concept, and then find ways to fund it and manage it. He or she must think creatively how customers interact with the product or service. New businesses must think in terms of 'value added' -- the values the new product or service can add to their customer's lives. An entrepreneur must break new ground and satisfy a profound, unmet need -- or else, the new enterprise will not survive. An entrepreneur is always working 24/7, and can never really take a vacation since the business 'is' his or her creation -- but a true entrepreneur doesn't want to take off, because he or she is doing what he or she loves.'Do what you love and you'll never work a day in your life.' I believe profoundly in this concept, which is why I wish to become an entrepreneur. I want to own my own business because I wish to have the creative satisfaction of seeing an idea I authored come to fruition, profit, and grow. Going into business is more than making money. It is also a great source of personal satisfaction. A good business serves its customers as well as its owners. Truly great enterprises become integral parts of consumer's lives. Think of how a neighborhood pizza becomes the place where families celebrate milestones, teenagers hang out and everyone watches sports events. People line up for hours, even days, for the new form of Apple technology, because they identify so strongly with the product. My good friend's day is not complete unless she gets her Starbucks' fix.

The time is right for me to begin my own business. At present, I have no family to support and I am still young and have a great deal of energy. I am able to take risks at this juncture of my life, which is an important component of growing a flourishing business. Later on, I may have obligations to children or a spouse which force me to take a….....