As far as I am concerned creating a business is a project that implies
having initiative to obtain economic benefits or a social purpose.
The needed points to build a business are the following:
1.-Work.- It involves all the time that a worker invests in the
production of the product built by the company.
2.-Capital.- The amount of goods needed for the production: machines,
tools, productive facilities, buildings and the financial resources of the
company.
3.-Organization and entrepreneurial capacity.- The management tool, the
ability of taking decisions and assuming risks in a responsible way, which
gives an specific and different character to the business.
4.-Technology.- The combination of proceedings and production technics
that combine the above mentioned points.
Although these points are very important we should bear in mind the
personality traits that a business owner must possess.
I would personally start by giving a relevant importance to the vision
of future. In other words, having a clear vision of what you want to achieve.
It should be what you love to do and where you expect to realize some gains.
Vision sets your direction to be successful.
On the one hand you have to be resourceful. To start business right you
have to be sure of what you know and what you do not know. What is more, you
have to be opened minded and take new knowledge before and during the business
process.
On the other hand it is essential to be highly motivated. That implies
having initiative, energy and determination to organize for the execution of
your goals. In other words, you need a generous dosage of optimism.
I would also remark being market-driven by selecting the right customers
you can do business with and trying to satisfy them by giving the best
resources.
Being quality-conscious should be an essential skill. What I mean is that
you have to do the right things at the first instance and try to improve all
the time. It is necessary a good planning and acting with quality. To
summarize, you have to be systematic and organized.
From my point of view I would add being empathetic. You should always
remember that no man is an island. You must collaborate and share. Moreover,
you must create a good atmosphere of work between you and your employee if you
wish your business to be recognized.
On top of that I would like to mention the high marks of a true leader:
decisive and courageous. Business is a risk and you have to take it and remain
responsible for the consequences of your act. You must have the courage to go
out of your comfort zone, brave a new horizon and make quick decisions.
Besides you should express clearly who you are and what your business
is; what do you expect from your employee and what are your competences.
You do not have to be afraid of taking new risks and you should go ahead
with creativity.
Being curious is also a way to discover new ideas and strategies to beat
your commercial rivals.
After all I would add humility to accept and correct company
imperfections.
Concerning to where I would be successful as a business leader, I would
definitely choose an international marketing, if possible in fashion business
because is the area I like the most. It is said that you have the chance to
achieve your goals when you put your strength, will and passion to make you
dreams come true.
I am still very young but I am going to try hard and I will do my best
to do so and prove it myself. I am especially keen on international fashion
marketing, as I said before, because it implies creativity and originality.
I consider myself that I am good at re-imagine and reinvent in
unexpected ways. I would be able to create a product that is open to creative
risk-taking and an environment where failure is accepted as a part of a
creative process.
Therefore creativity means: exploring options, generating new and
exciting ideas and re- evaluating.
What it attracts me from Hult is the possibility of learning not only
from the teachers but also from the other international students. As I see in
Hult you can interact with other cultures which I think is a fundamental thing
to do. And that is what business is all about nowadays.
On top of that, London is an amazing experience because of the
multicultural life. It is an advantage being in London because is the capital
of business; it connects people with the rest of the world.
To finish up with, in my particular case since the year course I spent
in Ireland I realized the importance of constantly discovering new things every
day just by living in another country. With this experience I have improved a
lot my communication skills and my tolerance towards others. I expect going
further in the future.
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