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young enterprise

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Introduction

ENTERPRISING Richard Branson. Sir Allen Sugar. Sir John Harvey Jones. All of these men are successful entrepreneurs that began with a thought but ended with a million. How ever they had to become a successful entrepreneur they had to enterprise. So what is enterprising? Well enterprising is a set of skills that a business man or women do that will earn him profits that he will take as his wages. However enterprising is not that easy it requires a whole range of skills that will allow him or her to enterprise successfully. The Skills required are E.N.T.E.R.P.R.I.S.I.N.G.: Effort- Effort is important for enterprising. Before selling an item or making a sufficient deal you need to put some effort in. The amount of effort you put towards your deal will determine how much you get out of your deal. Negotiable- Before selling both sides the seller and consumer have to meet at an agreeable price. You might want the price and the consumer might want it lower so therefore if you want to enterprise you need to negotiate. ...read more.

Middle

You will need to be clever as you will be working with numbers. You will need to plan your project and think up the positive and negative sides to you plan. This can only be done by an intelligent worker. Self motivated- if you are working as a team you are set a target. As a team member you need to motivate your team as well as your self to make you believe that you are able to achieve your target. If you do not then your team would not be determined and will perform poorly. Independence- Independence is a key factor. Although you will have to work in groups you need to have independence. You will need to be able to work independently and not always with a team. Your independence will reflect you image as an entrepreneur. Neuro Linguistic- Neuro linguistic is long complex words that mean communication skills. To become a successful entrepreneur you need to have good body language and communication skills. ...read more.

Conclusion

After 12 years f successful enterprising Richard took his intelligence to the next level. After his great performance in virgin he took a major risk and in 1984 he opened Virgin Atlantic Airways which became the 2nd largest international airline service. This was an airline business which earned millions. Due to this he sold Virgin to EMI. However from starting selling records Richard Branson now owns Virgin Coke, Vie make-up, Virgin Vodka, Virgin Insurance, Virgin Mobile phones (which he sold for 1 million pounds in 2006) and a Nigerian based airline called Virgin Nigeria. In 2007 Branson began flights from San Francisco airport called Virgin America. Now Virgin is worth $2.8 billion. Richard Branson began with a though but ended with a couple of billion. He met most of the E.N.T.E.R.P.R.I.S.I.N.G criteria and now continues his multi billon dollar worth company. WHY IS ENTERPRISING IMPORTANT Enterprising is important to the UK's economy. It helps the U.K socialise with other foreign countries. If there is a good deal then other countries would interact and involve the U.K with other business project which will make the U.K reflect a positive image to the world. By Muhammad Bodrul Alom ...read more.

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