Today’s discussion is about the introduction in Entrepreneurship.

As I listen from
the discussion, I realized that entering a business world is not the same as a normal
activity, which when you know what product you want to sell, it means you can easily
start your business. From the discussion, it shows that there are many things you
should consider when starting a business. First, you should identify what kind of person
you want to be; Are you the kind of one who is called a creator, or are you the kind of
one that innovate. When starting a business, you need to know what kind of product you
are want to produce and sell. We also discussed the two important players of the
organization, they are the team leader or the management, and the second is the
subordinates or what we call employees. Leadership style can affect the success of the
organization. Not all of us can be a leader. For me, it must be someone who has
acquired all three skills of a leader, the technical, conceptual and interpersonal skills.
Along with the discussion about these skills, it is shown that the most important skill that
a leader should acquire is interpersonal skills because having these skills will help
him/her to develop a powerful relationship with the employees. This sort of leader also
knows a way to motivate their employees. From the experiences shared by my
classmates, and also from my very own experience, I learned that each employee has
their own demands and interests that management must meet so as to motivate them.
Some of us get motivated because of the compensation that we receive while the others
get motivated because of the support given by the management for their career growth.
Like some companies provide training, workshops or scholarship to help their
employees develop their skills. It is important for the organization to know how they can
motivate their employees because the employee is one of the important assets of the
company. When the employees are motivated it can increase productivity, or they can
innovate more ideas to come up with a new product or to create public demands. When
your product or services is currently in demand you can attract more customers, which
brings more profit to your business. These learning are really important for the graduate
students like us. We may not be in the leadership position right now but someday
through our hard work we can apply these learning to manage our own businesses.

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