Essay Sample on Business and Entrepreneurship

Introduction

From a tender age, entrepreneurship has been of great interest not only as a source of income but also as my professional career line. Several factors have influenced the love for entrepreneurship including the fact that my father is a business administrator and my mother a is a professional marketer. As a result, I have been exposed to business environments from an early age. Besides, I have always been fascinated by the new technology and business ventures being developed every day. Thus, most of the activities and responsibilities if not all are related to business and communication. To be an entrepreneur, therefore, Academics performance and creativity were key.

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It is a global concern that even with the advancements in technology and civilization, a considerable number of people especially in remote areas and the elderly do not adhere to medication because they do not understand the importance. The fact majority of these patients has partly contributed to this catastrophe have not been educated on the importance of adhering to medical advice by healthcare providers or find it boring to taken to homecare. Thus, in an attempt to solve is the problem, Tinderly was developed.

I have been often nicknamed the business guru since my high school life. Innovating news ways of doing this from how I used to do my homework to how I did my presentations fascinated most of my friends. I participated in several innovative contests in Science, and business in university that has exposed me to the different ventures in technology and science.

My leadership capability is a top notch. Have I been able to monitor, plan, organize and set goals for the business? Nevertheless, I have also been a key and active player in the process. Effective management of innovation plays a pivotal role in ensuring that the process is successful or at least has subsidized risks for failure. Managers play a significant role in providing that this culture exists. If this culture does not exist, the managers are obligated to create it. As Drucker argues, "Entrepreneurship is the managerial process that involves developing and monitoring Innovation (Drucker, 2015, p. 21).

I am an innovative and creative individual, which has seen the growth of Tinderly increase exponentially. I possess a strong background in money management and a strong foundation in accounting skills. This skills only have they help me identify key areas to address in the smooth running of the business, but have also helped the business have a competitive edge in the competitive market.

Uniqueness plays a fundamental role in market penetrations. Being unique often involves being creative in ideas, in operations and management of the innovations and their smooth running. Uniqueness is also one of the bases that distinguish an entrepreneur from a business owner. While both the entrepreneur and a competing business owner may be trading on the same commodity, the packaging, language of presentation, and attitude of the seller make all the difference on the like of the product being bought from the two separate businesses. Tinderly production and operation cost including package is covered by products income, donations, sponsorships, governmental support and, the profits are divided across Research and Development of our product (10%), operational costs (30%), NGOs and medical research donations (10%). Flexibility in adapting to new changes, challenges and opportunities have been the driving factors that have helped me not to give up.

I scored an overall score of 76% from the GET2 test. According to the sites, making such score suggests that I possess strong levels of enterprising strengths. Individuals who have made similar scores are often exhibited entrepreneurial traits, and they are more likely to develop enterprising projects. No doubt that I fall into the category of establishing Tinderly. As a young innovator, coming up with Tinderly was not a one day job. It involved constant consultation, research, and above all the need to integrate the senior citizens in making their lives more fun and unrestricted to homecare or them feel abandoned or burden. Also, people who achieve similar score tend from time to time develop enterprises and in specific contexts and circumstances - for instance, creating employment for my friends, integrating other expertise necessary to grow the business. Tinderly marketing department encompasses most of the college friends in the various departments spreading across the modern marketing world. For instance, the company has a Social media manager who is responsible for online publicity. There is also an offline (field) marketers who mainly identify institutions, organizations, and opportunities that expand the Tinderly's market coverage.

I have successfully launched and kick-start Tinderly from the knowledge and experience I have acquired over my internships and part-time employment. Similarly, community-volunteering services have sharpened my social skills and communication skills as well. Communication as Drucker suggests, play a major role in the smooth operations as entrepreneurs through community projects volunteering. Not limited to Tinderly only, I express all the above talents and skills via activities outside the main work context. Such traits as strategic thinking, critical thinking and decision-making, patience, objectivity, and perseverance have played a manager role in developing, shaping, and expanding my professional networks in both social and professional contexts.

Conclusion

In summary, the following traits have played a significant role in seeing business success as an entrepreneur. I am self-motivated, and I understand the value of my business. I am a risk taker and a social being. I being that for a business to succeed, it must address people's needs and be friendly to the people. Managers should establish the purpose of the innovation, and if the purpose of the innovation in the organization is no longer relating with the public, it is time to change (Vohra & Mukul, 2009). Flexibility in adapting to new changes, challenges and opportunities have been the driving factors that have helped me not to give up. I possess a strong background in money management and a strong foundation in accounting skills. Finally, yet importantly, I am passionate about what I do and helping others, live better is my life objective.

References

Drucker, P. F., 2015. Innovation and Entrepreneurship; Practice and Principles. S .l. Routledge.

Vohra, N. & Mukul, K., 2009. The relevance of Peter Drucker's Work: Celebrating Drucker's 100th Birthday. 34(4).