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Evaluating Potential Success as an Entrepreneur - Essay Example

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Summary
The paper "Evaluating Potential Success as an Entrepreneur" states that an entrepreneur is a person who manages and systematizes commercial responsibility, more specifically, the one concerning financial risk. This risk is the character of the person inside of an individual…
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Evaluating Potential Success as an Entrepreneur
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Extract of sample "Evaluating Potential Success as an Entrepreneur"

You will stumble upon the places you will visit. Once one venture on the entrepreneurial journey and the way to self-actualization, he will come across resources and people to make clear the way. Lastly, to develop into an entrepreneur is to achieve self-assurance, which emerges as a normal consequence of the process (Johnson, 2007).
Characteristics of thriving entrepreneurs

Characteristics of a wholesome entrepreneur are: they get things completed faster, have confidence, effective management of funds, get used to changes and, finally, they are connected. I would make an effective entrepreneur since being an entrepreneur is like a rubber band where one's limits are stretched to unimaginable extends and one adapts to these changes.

Business Description
My business entails offering 3D rendering and online gaming services to people. When a designer has completed his concept in Computer Aided Design software, sometimes the computers are slow and it takes days for one to render the result. I will have very advanced and powerful computers where people will come to render their work and even play games online.

I will finance my venture through bootstrapping which means employing any accessible possessions to assist in growing the business. Raising money from my friends and relatives would boost my venture. I would not mind applying for Small Business Innovation Research Grants (SBIR) given to technology businesses. Finally, I will approach customers who might be willing to support my business if I tailor my services to them. Read More
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