What is Needed to become an excellent Entrepreneur?

What is Needed to become an excellent Entrepreneur? Essay example
Undergraduate
Essay
Marketing
Pages 6 (1506 words)
Download 0
In this paper, I will discuss the basic things that I have learnt during my course of studies which enabled me to understand and develop a close insight on the fundamental elements of marketing and sales…

Introduction

Seven things that I have learnt in class: My learning during my course of studies will help me to become an excellent entrepreneur, a good marketer or an experienced salesperson in the future. I cannot undermine the value of the most important things that I have learnt during the class and from the course books that I have read. This would not only develop a better understanding of how and what I should do but it will also help me to develop and implement better business strategies in future. These are:
1.Situation and Problem Analysis
2.Develop Reasoning and Question
3.Add value and experience to your product
4.Be Persuasive
5.Be Confident
6.Make Observations
7.Know the Market
Three Important Items to Use as Basic Skills:
1.To know the needs of a buyer
2.To Develop Reasoning and Questioning with the Client
3.To be confident
It is important for a salesperson to develop all the necessary skills that may help him to be good and effective salesman in order to expand his business and to develop a strong relation with his clients. These skills and my learning during studies will help me to develop a better understanding of how to analyze the situation, how to overcome problems, how to develop reasoning with logic and conscience and how to implement the better strategies to gain better results.
These few things are essential for every salesperson and a marketer to know in order to expand his business and to gain success over his competitors without any hassles or fear. ...
Download paper
Not exactly what you need?

Related papers

a middle east entrepreneur
She took up the challenge risking all her investment let alone to mention that she was 22 years old at the time. She successfully established one of the fast growing online bookstore business in her region that is now operating internationally in a span of few years. Profile Jinanne Tabra is an Arabic Iraq woman that had an upbringing in Scotland. She was a former pupil of Carlogie Primary School,…
Brand identity and communication strategies: how IKEA become a popular brand in China
Entailed in the rapid economic progress and growth of China is the country’s great potential for investment opportunities (Lauffs and Tan 2001). With a population of 1.3 billion, a steadily rising income level, a solid economy and a widening middle class (Weber, Wang and Ying 2009), China’s strong position in the global economic market, both as a player and market, continue to be heralded as a…
Entrepreneur Marketing: Demand Forecasting
In fact, the paper will discuss techniques applied in marketing demand forecasting. Information concerning the future demand is vital to the firms, for pursuing optimal pricing strategy; hence, the decision to change prices is made considering the future demand. In case where is over-optimism in relation to the estimates of demand, this may result to losses, whereby the demand influence a certain…
Entrepreneur Marketing: Vickers A Case Study Analysis
First, she wondered whether to remain at UBUBU.com and facilitate the redirection effort. Secondly, she was unsure whether to give a notice, remain at UBUBU until sometimes February 2001, and possibly leave to spent time in Australia before her anticipated wedding or simply search for another job after her come back perhaps with Independent Means Inc. Her other option was either leave UBUBU as…
Southwest Airlines
The company battled in court against its rivals in Texas to establish for almost four years. In 1971, Lamar Muse joined the company as the CEO and led the company to an attractive IPO (Thompson & Gamble, 2011). Together with funds from private investors, and the IPO, the company managed to raise lose to seven million USD, funds that were used to purchase aircraft, equipment, and start-up capital.…
Douglas Holt - how brands become icons
Followers are the consumers who value a brand the most. Next are insiders who are somewhat critical to a brand. The author has linked the success of a brand with the cultural understanding of consumers while discussing the theory for the development of iconic brands. Douglas Holt has given some valuable suggestions for development of the branding strategy. The suggestions are based on the in-depth…
ENTREPRENURSHIP CAPITAL & THE FIRM
This is followed by the factors contributing to the planned start-up business and the subsequent running and management of the venture. Influence of Personal Background The interview with the entrepreneur revealed that he is the only child of his parents. As a result, his parents were very attentive to his upbringing. According to Veciana (2007, p. 55), family context and childhood are among the…