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Successful Business Venturer - Personal Statement Example

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To become competitive in the current global market requires people and business leaders with a good sense of foresightedness, strong will and commitment, and the gift of persuasion. These traits are parallel to what the book "The 10-Day MBA" proposes in the Leadership VCM Model…
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Successful Business Venturer
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Extract of sample "Successful Business Venturer"

What unique traits or personal characteristics will make you a successful business reader To become competitive in the current global market requirespeople and business leaders with a good sense of foresightedness, strong will and commitment, and the gift of persuasion. These traits are parallel to what the book "The 10-Day MBA" proposes in the Leadership VCM Model. According to the author, a leader must have - vision, commitment, management skills (Silbiger, 2005). Successful business ventures have people behind them who are comfortably grounded on the basic principles of doing business but at the same time have the ability to look beyond the present, i.e. foresightedness or vision as Silbiger suggests.

To do this, one has to have a good grasp of the total environment both internal and external, where his/her business operates. Thus, one has to be a wide-reader and must be always abreast of the developments and changes around him to foresee and anticipate what is yet to come. He must realize that these changes would have an effect on his business one way or the other.Likewise, in any endeavor -- be it personal or professional -- commitment is very much important. Coupled with strong will and desire to do a particular task no matter what, is a sure key to success in business.

Because through commitment, one gives not only his time and effort but the entire being of the person to ensure that a particular venture is accomplished. This in turn, develops trust from clients and co-members of the organization.Another characteristic needed is management skills of which communication and persuasion are very much related. Management and leadership studies always underscore the importance of clear and respectful communication within business organizations. Persuasion that is achieved through effective communication is important for businesses in dealing with their clients/customers as well.

I believe all these three traits are present in me. Though they may not be entirely unique but these are characteristics that I think will help me contribute to what the University, particularly the College of Business is focused on - "a passion for excellencesetting the highest standards for leadership in the global economy" (College of Business, University of Illinois). As I was growing up, many admired my gift of foresightedness. For instance, when I was extremely interested in clothes, I could tell which items will be of more value later on.

I was able to read and foresee what will become popular to greater majority. This has always been proven so as it led me to buy clothes cheaper at the right time and sell back at higher prices than that of its original price in the flea-market. In addition, I have been committed to my promises and this led me to obtain great faith from others. Through this trust I built, I was able to become chairman numerous times when I was in Korea. Furthermore, the art of persuasion facilitated any kind of conflicts throughout my life.

Much more than this, a single persuasion contributed to change my life entirely. When I was living in Korea, my home country, I persuaded my parents to let me go to the United States. I presented to them every beneficial aspect of going to America concretely. I knew it was not easy for them but later on they agreed to my idea and allowed me to study abroad. "I've come to believe that each of us has a personal calling that's as unique as a fingerprint" as Oprah Windfrey says. I found my personal calling as I found out who I really am.

I think it is time for me to offer my gift to others in the form of services. WORKS CITEDSilbiger, Steven Alan. "The Ten-Day MBA 3rd Ed.: A Step-By-Step Guide To Mastering The Skills Taught In America's Top Business Schools" 2005. College of Business-University of Illinois at Urbana Champaign. May 21, 2008

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