Journal for Entrepreneurial Ventures

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Journal for Entrepreneurial Ventures (2004)


Having been absent for several lessons due to the pending status of the interview, I missed the main planning and deciding of the business plan. Before meeting my group mates, I was briefed about the business plan. I found out that the business plan is to set up an airbrush company specializing in mural paintings, and other services like airbrushing designs on helmets and cars.

Initial Stage

The first time that I heard about the business plan, I was rather lost as I was not exactly sure what the business was about, and I had even lesser understanding about the way airbrush works. I admit that I was skeptical about the idea at first, since I have never heard of airbrush prior to this, and I wasn’t so sure what response the conservative Singapore public would have towards such a product.

All I heard was that there were initially 2 main ideas and that this particular idea was taken up sorely because of a majority vote. Like I mentioned earlier, I was not there to witness any of these. Shortly after I met my group, I came to realize that it was purely based on votes. Hearing this, I began to doubt the credibility and feasibility of such a decision process. Sure, if the majority of the group agreed with this idea, it was bound to be relatively good didn’t it? If the other idea was outvoted, would this necessarily mean that the airbrush business is likely to be more successful?

I did not agree with having this airbrush business, but then again it was based on pure instinct and nothing else. There was just something in me that said to me that this could be difficult for us. There were little alarm bells ringing inside my head. Hopefully, I would be thinking otherwise once we made more progress into the business plan and familiarized ourselves with the concept. I wanted myself to be proved wrong desperately.

At the same time, there was this other thought running through my head. If this was the way that our simulated company was going to run, did it mean that this would be reflected in the management style as well? Would this be beneficial to us in the long run?

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Firstly, I shall let you know more a group’s dynamic and the delicate issues surrounding this topic.

The projects to be completed each semester were getting harder and the workload was also increasing proportionately. No group could afford to have extra stress loaded onto them just because there was an inactive member. Having experienced this first hand for a few of my projects, I have very little tolerance for such scenarios.

Perhaps I have been too sheltered having came from a JC where there is hardly or no group work at all in our curriculum. Merit was always ...

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