πŸ‘‰ ENTREPRENEURSHIP THEORIES AND MODELSβœ…

Recent studies suggest a multitude of entrepreneurial influences, grounded on a number of theoretical paradigms. As a starting point, entrepreneurial outcomes are viewed as lying along a continuum which separates low and high performances in entrepreneurship, which are then envisioned to be associated with high and low barriers.

The theories of entrepreneurship are based on psychological/personality traits, sociological models and socio-economic factors influencing the success of small businesses.

Psychological Theories of Entrepreneurship

Psychological trait theories of entrepreneurship contend/state that certain attitudinal and psychological attributes differentiate entrepreneurs from non-entrepreneurs, and successful entrepreneurs from unsuccessful ones.

These theories include:

β€’ Need for achievement (n-ach) and power by McClelland, 1961.
β€’ Locus of control by Rotter, 1966
β€’ Psychodynamic model by Kets de Vries and
β€’ Risk taking propensity.

Need for achievement model.

This theory contends/states that people desire to achieve something for their inner feeling of accomplishment.

Observations/Criticisms

- This theory has been criticized due to the following;
β€’ The theory is contradictory and it has a limited evidence
β€’ It holds true to some cases while to other cases it is not
β€’ It has no direction of causality
β€’ The theory may be related to the Western culture where personal achievement is very much appreciated by the society compared to other cultures.
β€’ It is limited only to business people while other people also show that behavior.

Locus of control

This theory contends/states that there is a degree to which one believes that he/she is in control of one’s destiny. This can either be internal or external.
Internals: The internals believe that what happens to them is a result of their internal efforts whether it is good or bad.
Externals: These believe that whatever happens to them is a result of external factors whether good or bad.
Therefore the theory contends that internals are more successful in business than the externals.

Observations/Critics

- This theory correlates to n-ach i.e. people who are internals are the ones who need for achievement than the externals.
- There is limited research support of this theory.
- Other people are also internals but do not run business e.g. Presidents or Priests.
- Direction of causality i.e. some people tend to work harder when getting success thus become internals.
- Culture and belief system; i.e. there are societies which their belief system make them more externals. E.g. those who believe that GOD will do everything for them. This belief also affects witches and those beliefs in witchcraft.
- Being internal is not always better i.e. you cannot be in-charge of everything such as weather and other peoples’ behavior. In this case you should be pragmatic and note that there are certain things which you cannot control ( are beyond your control).

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Psychodynamic model

This was propounded by Kets de Vries. This says that people tend to be self-employed and become successful because of β€œtroubled childhood”. In troubled childhood, children tend to be lacking, security or abused, low self-esteem, lack of confidence. Therefore growing in such an environment some people do have repressed wishes towards those in control.

This condition/situation occurs when a child has been brought up in either of the following conditions/situations:

β€’ Loss of one or both parents
β€’ Broken marriages
β€’ Extreme poverty
β€’ Refugees, and
β€’ Child abuse

In this case when these children grow up they exercise what is called β€œinnovative rebelliousness” by starting and running their own firms. This is also true due to the fact that being rebellious she/he cannot fit in any organization as she/he will not like structural environment. In this situation such kids have;
β€’ averse to structures
β€’ to get away from commands, and
β€’ to be away from control of anybody

Observations/critics

- This theory explains the behavior of extreme category of people leaving out the rest.
- Some people with similar background do not show innovative rebelliousness. Some tend to be criminals and/or drug addicts or alcoholics.

Risk taking propensity

This theory contends about one’s willingness to accept risk.
People who are more likely to accept risk and taking chances are more likely of being self-employed than those who do not take risk.

Observations/Criticism

- People tend to say that β€œthey take the profit and pass the risk to someone else”.
- People who take risks normally take a β€œcalculated risk” and do not gamble.
- People who are success in business are moderate risk takers.
- It has been suggested that being NOT innovative or NOT producing a new product is more risky. That is, idleness is more risky than ever.
- Risk is not only a financial loss, but also image loss or loss of relationship with other people in the society.

Sociological Theories of Entrepreneurship

These theories suggest that entrepreneurial behavior is a function of the individual’s interaction with the society. Sociological models that have received significant empirical support are the inter-generation inheritance of enterprise culture, social marginality and ethnicity.

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Social marginality model

This theory suggests that individuals who perceive a strong level of incongruence between their personal attributes and the role they hold in society will be motivated to change or reconstruct their social reality. While some people may reconstruct their reality by changing careers or employers, others may choose self-employment.

β€˜Marginal men” are referred as individuals who are less integrated in their society. Since marginal men are not completely part of the society of their adoption, they are free of the restrictions imposed by its value system. At the same time, having left their own society, they are no longer constrained by its dominant values. This situation gives way to the development of unconventional patterns of behavior, which increases their propensity to become entrepreneurs.

Observations/Criticism

- It has been observed that being marginal is not sufficient explanation for the over-representation of certain people in entrepreneurship carriers e.g. Hispanics and Africans are underrepresented in entrepreneurship despite them being marginal.
- Aggressiveness and co-operation is among things in which marginal people tend to have.

Ethnicity

An ethnic origin of a person is said to influence the choice between paid employment and self-employment as well as performance in self-employment. Evidence of over-representation of certain ethnic groups in business carriers abounds throughout the world.

The ethnic groups often quoted in the literature as being overrepresented in entrepreneurship include Ibos in Nigeria, Kikuyus in Kenya and Chagga in Tanzania. All of these are spread in different parts of their countries in which they overepresented in entrepreneurial careers. To this extent, they are less integrated in the societies in which they work and therefore less likely to be constrained by dominant values shared either by their own ethnic group or by their hosts.

Observations/Criticism

- It has been found that, even members of these groups (Ibo, Kikuyu and Chagga) who have remained in their homelands are quite active in entrepreneurship. Therefore their cultures must have influenced their entrepreneurial behavior rather than ethnicity.

Inter-generational inheritance of enterprise culture via role modeling.

This theory purports that entrepreneurial practice is largely inherited. Accordingly, offspring’s of entrepreneurial parents are more likely to be entrepreneurs and be more successful compared to others. It has been further suggested that a strong grounding in business and ownership ethic at an early age is a useful and powerful driving force for children as they choose their future carriers.

A person, who grows up around a family that runs a business is likely to benefit from the skills, accumulated experiences and networks of existing firm. She or he is likely to have better access to advice, credit, established markets and sources of inputs. The fact that these will make it easier to start a business may be a big encouragement to those associated with businessmen.

Observations

- Several researches supports this theory, however the study done on female entrepreneurs found that most of them were first generation entrepreneurs and none of their parents have been running their own business.
- Other studies also found that there is no significant difference between entrepreneurs and managers in terms of having self-employed parents. However this is the most supported sociological model.

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Small firms as role models

It has been observed that employees who work in small firms are more likely to become self-employed and be successful. This is because it is easier for them to envision having the role of the owner.

Some business owners become mentors by telling their workers why not start their own businesses like them. Existing small business can support people by either selling products or buying their products.

Social development model.

This theory contends that it is the transactions with different context in one’s life and career that shape one’s propensity to be self-employed. These are factors, which start in early, middle or late life.

Observations/Criticism

- This model cannot be tested
- It assumes that behavior is a factor of social events only, a issue that is criticized by most people.
- It stereotype people by group them in certain categories in life.

2.3 Socio-economic Factors and Small Firms Performance.
Socio-economic background factors that have received both research interest and empirical support are type and level of education and occupational experiences. In comparison to sociological variables, socio-economic background factors lend themselves more readily to objective measurements.

2.3.1 Level of education
Two conflicting hypotheses have been proposed regarding the role of education in the entrepreneurial process. The first is that formal education can operate as an impediment/hindrance to entrepreneurship because, rather than develop creative thinkers, it fosters c onformity and low tolerance for ambiguity, leading to thought and behavior process that refuse to admit tolerance, and social values that preclude β€œ getting one’s dirty”.

The alternative arguments is that education is seen as capable of developing competencies required in an entrepreneurial venture including creativity, curiosity, open mindedness, good interpersonal skills and technical know-how.

Some studies conducted in USA and Australia found that there is a probability of entry into self-employment to increase with the level of education.

Observation/Criticism
- It has been observed that education may have different influences on performance depending on context and how performance is defined.
- It has also been found that education can be positively related to growth, but negatively to rate of profits. The relationship between education and performance is therefore still an unsettled issue.

2.3.2 Entrepreneurship education
It is generally agreed that there is a positive association between taking entrepreneurship courses and becoming self-employed. It has been also found that students who take entrepreneurship majors tend to be less conforming, more impersonal, more risk taking, more welcoming of change, have a higher energy level, a profile similar to that of successful entrepreneurs.

Entrepreneurship courses may attract those who have entrepreneurial qualities or, alternatively, move students towards entrepreneurial archetype by challenging assumptions and encouraging the development of competencies required.

Observations/Criticism
- The relationship between taking entrepreneurship courses and interest or success in entrepreneurial careers is a bit unclear.

2.3.3 Experience
There are three types of experiences that are considered to be important in determining entrepreneurial success;
1. Industrial (technical or market) expertise;
2. Management expertise; and
3. Entrepreneurial experience.

An individual’s managerial experience as well as previous entrepreneurial experience is considered to be incentives for one to become a successful entrepreneur. Previous experience as an entrepreneur is also likely to give one leads and confidence in venturing into a new firm. It has also been found that management experience provides contacts, information about business regulations and procedures, people skills and confidence, all of which are useful in setting up and running a business successfully.

Observations/Criticisms
- It has been found that in societies where those who are self-employed are looked down upon, those with senior management experience may not be attracted to entrepreneurship.

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Socio-economic Factors and Small Firms Performance.

Socio-economic background factors that have received both research interest and empirical support are type and level of education and occupational experiences. In comparison to sociological variables, socio-economic background factors lend themselves more readily to objective measurements.

Level of education

Two conflicting hypotheses have been proposed regarding the role of education in the entrepreneurial process. The first is that formal education can operate as an impediment/hindrance to entrepreneurship because, rather than develop creative thinkers, it fosters c onformity and low tolerance for ambiguity, leading to thought and behavior process that refuse to admit tolerance, and social values that preclude β€œ getting one’s dirty”.

The alternative arguments is that education is seen as capable of developing competencies required in an entrepreneurial venture including creativity, curiosity, open mindedness, good interpersonal skills and technical know-how.

Some studies conducted in USA and Australia found that there is a probability of entry into self-employment to increase with the level of education.

Observation/Criticism

- It has been observed that education may have different influences on performance depending on context and how performance is defined.
- It has also been found that education can be positively related to growth, but negatively to rate of profits. The relationship between education and performance is therefore still an unsettled issue.

Entrepreneurship education

It is generally agreed that there is a positive association between taking entrepreneurship courses and becoming self-employed. It has been also found that students who take entrepreneurship majors tend to be less conforming, more impersonal, more risk taking, more welcoming of change, have a higher energy level, a profile similar to that of successful entrepreneurs.

Entrepreneurship courses may attract those who have entrepreneurial qualities or, alternatively, move students towards entrepreneurial archetype by challenging assumptions and encouraging the development of competencies required.

Observations/Criticism

- The relationship between taking entrepreneurship courses and interest or success in entrepreneurial careers is a bit unclear.

Experience

There are three types of experiences that are considered to be important in determining entrepreneurial success;
1. Industrial (technical or market) expertise;
2. Management expertise; and
3. Entrepreneurial experience.

An individual’s managerial experience as well as previous entrepreneurial experience is considered to be incentives for one to become a successful entrepreneur. Previous experience as an entrepreneur is also likely to give one leads and confidence in venturing into a new firm. It has also been found that management experience provides contacts, information about business regulations and procedures, people skills and confidence, all of which are useful in setting up and running a business successfully.

Observations/Criticisms

- It has been found that in societies where those who are self-employed are looked down upon, those with senior management experience may not be attracted to entrepreneurship.

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πŸ“Œ Where to look for business opportunities

(1) They can develop/evolve as a result of your personal background including your previous jobs, hobbies and personal experiences, or
(2) From opportunities in the external environment or general market place….continuing....

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πŸ“Œ Be aware of this trick

A lady's handbag contained her cell phone, ATM card etc was stolen.
_Thirty minutes later she managed to call her husband from her friend's telephone, telling him what happened._….continuing....

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πŸ“Œ How to bring people around you

Begin with praise and honest appreciation. Call attention to peoples mistakes indirectly. Talk about your own mistakes before criticizing the other person. Ask questions instead of giving direct orders. Praise the slightest improvement and praise every improvement. Let the other man save his face. Give the other person a fine reputation to live up to. Use encouragement. Make the fault seem easy to correct. Make the other person happy about doing the thing you suggest…..continuing....

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πŸ“Œ Best Inspiring quotes for today

πŸ’šI love this, πŸ’šβž–βž–βž–βž–βž–βž–
Life is not about finding the right person, but creating the right relationship. It's not how we care in the beginning, but how much we care till the very end.
πŸ’šβž–βž–βž–βž–βž–βž–
Some people always throw stones in your path. It depends on what you make with them; a Wall or a Bridge? - Remember you are the architect of your life.
πŸ’šβž–βž–βž–βž–βž–βž–
Search for a good heart, but don't search for a beautiful face, coz beautiful things are not always good, but good things are always beautiful.
πŸ’šβž–βž–βž–βž–βž–βž–
It’s not important to hold all the good cards in life, but it’s important how well you play with the cards you hold.
πŸ’šβž–βž–βž–βž–βž–βž–
Often when we lose all hope & think this is the end, remember God and pray, it’s just a bend, not the end.' -
πŸ’šβž–βž–βž–βž–βž–βž–
Have faith and have a successful life. One of the basic differences between God and humans is, God gives, gives and forgives. But the human gets, gets, gets and forgets. Be thankful in life…
πŸ’šβž–βž–βž–βž–βž–βž–
If u think it is your alarm clock that woke you up this morning, try putting it beside a dead body and you will realize that it is the Grace of God that woke you up.
πŸ’šβž–βž–βž–βž–βž–βž–….continuing....

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πŸ“Œ Best proposal ever

Boy: do you have a fiancee?
Girl: No. I have none…
Boy: Genesis 2:18 β€œThe Lord God said, β€˜It is not
good for the man to be alone. I will make a helper
suitable for him’.”
Girl: But I don’t love you.
Boy: 1 John 4:8 "Whoever does not love, does not
know God, because God is love.”
Girl: So how do I discern that your words are true?
Boy: Matthew 12:34b β€œFor the mouth speaks what
the heart is full of."
Girl: But how can I be sure that you are faithful
and honest?….continuing....

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πŸ“Œ The scientific death of Jesus Christ

THE (SCIENTIFIC) DEATH OF JESUS
For the next 60 seconds, set aside whatever
You're doing and take this opportunity! To share this….continuing....

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πŸ“Œ Who is the Catholic Church

Before 1517, every Christian was Catholic. As such, today we know that:
If you are Lutheran then your Church was founded by Fr Martin Luther in Germany in 1517.
If you are Menonite, your Church was founded by Grebel, Mantz and Blaurock, in 1525…..continuing....

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πŸ“° Recent PostsπŸ‘‡

A How to be charismatic

Relax Your Way To The Top If you are looking to be charismatic, then the first and foremost thing that you have to do is to actually learn to relax. Some people try too hard to be charismatic, but only end up making a fool of themselves. This is not something that you would want to do. So, in order to work on your charisma, learn from the mistakes of others and relax. When you master the art of relaxing in a social setting, you automatically exude charisma. It's a known fact that people love to be around people who are calm and composed. Learn to channelize peace and tranquility to everyone you know and meet. This will help you seem extremely calm and a lot more attractive. With a personality of this sort, apart from wanting to be with you, people may even aspire to be like you. Confidence Concerns While being confident can be easily mistaken for being charismatic, there is a very distinct difference between being confident and being charismatic. Charisma is that quality that makes you seem like you have an extremely attractive personality, and confidence is that quality that adds to your charisma. Appearing confident can make you seem extremely charismatic, because your confidence apart from acting like a magnet will also help put the others around you at ease and create in them a desire to be around you. Here, however, you will have to take a lot of care to stay away from going overboard, because while confidence is one thing, overconfidence is a different thing altogether and it's that one quality that no one can really be fond of. Dish Out Attention In order to seem charismatic, it is important to listen and pay attention. When you manage to do this your charisma quotient automatically reaches new heights. You can pull off attention tactics by simply listening to what people have to tell you and talk as less as possible. However, when you actually do talk, make sure you talk sense and make sure the words that are coming out of your mouth are the kind of words that the other person would want to listen to. Make it a point to smile while you are talking. This will help add quite a lot of appeal to your personality. Be Considerate You are truly a considerate person when you treat others around you just the way you would want to be treated. You wouldn't want to be discriminated against under any grounds, so then there is no reason why you should treat one person differently from the other. Exercise this behavior pattern in your day-to-day life and watch how people are attracted to you like bees are to honey…..continuing....

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A Thanking God

πŸ‘πŸ‘THANKING GOD πŸ“–….continuing....

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A Best interesting quotes for today which will change you

1. If you are SINGLE and keep on saying "I DON'T TRUST MEN OR WOMEN!" Remember your mates are getting married every Saturday. Let me ask you, are they marrying spirits? Wise up!….continuing....

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A Difference of men and women at their age

Women are fickle minded.At 18, they want handsome men.At 25, they want matured men.At 30, they want successful men.At 40, they want established men.At 50 ,they want faithful men…..continuing....

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A A letter from an aborted child

A LETTER FROM AN ABORTED CHILD
Dear Mum,
I have decided to talk to you to let you know my
feelings. I want to know why you did it. My story
is short. I stayed inside you for only a couple of
weeks. I was very comfortable and warm. I felt
really protected. I knew you were a special
person because you never stopped me from
eating the food you ate. I longed for the day I
would see your face. Nine months was a long
time to wait, but I was determined to wait. I had
to be patient.
A man then offered you some amount of money to
get rid of me. I was happy and prayed that this
meant that I would at least see you, the only
person that I knew in the world. I was wrong. I had
almost forgotten the issues until I felt something
sharp pierce my tiny ear. I jerked silently and in
pain, and asked you to protect me. Seconds later
the object came,fiercer than before. My tiny body
was cut up, starting from the ears then arms and
legs. It was an agonizing experience. My head was
then cut off and I died.
It took me a whole hour to die. A whole hour for
an innocent few weeks human being to be
murdered by you! I remember the whole incident
vividly and I keep asking myself what I did to
deserve that cruel death. Why me? Why did you
do that to me? And why was I not given a
chance to live just like they children you hear
playing around? How do you feel when you send
some of them on errands when I could have done
that with pride if you had given me the chance to
live? Don't you see the beauty in playing with a
child that calls you mom with a sweet soft voice?
I know you are having a lot of nightmares. You
remain guilty for the beastly act. Please explain
to God why you committed the heinous act. He
sent me to you as a very special gift. My purpose
was to make you proud by being the great
person God meant me to be. I have forgiven you
though I never lived to see your face. My journey
back to my creator was safe, and I arrived
safely. I was given a red-carpet welcome by an
angel. I am in fact without bitterness. I still love
you, mum.
Yours Never-seen child.
If you are touched, join the "STOP ABORTION"
campaign by sharing this post with your friends.
…. STOP ABORTION !!!…..continuing....

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A Feel this joke

Two boys stole a big bag of oranges from a neighbor & decided to go to a quiet place to share the lot equally…..continuing....

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A Planning Concepts

Decentralization is highly linked with local government system and has been practiced in the country in varying degrees since colonial times. Historically, the concept of decentralization has never been a new concept in countries across the globe. The term attracted attention in the 1950s and 1960s when British and French colonial administrations prepared colonies for independence by devolving responsibilities programs to local authorities….continuing....

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A ENTREPRENEURSHIP THEORIES AND MODELS

Recent studies suggest a multitude of entrepreneurial influences, grounded on a number of theoretical paradigms. As a starting point, entrepreneurial outcomes are viewed as lying along a continuum which separates low and high performances in entrepreneurship, which are then envisioned to be associated with high and low barriers…..continuing....

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A The will to win

The will to win, the desire to succeed, the urge to reach your full potential… these are the keys that will unlock the door to personal excellence.….continuing....

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A The story of crime girl πŸ‘§

A lady committed a crime and she was sent to court. The punishment for the crime was life imprisonment. She shed tears for help but to no avail…..continuing....

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A Advice for knowledge

Advice just for knowledge…..
1. Have a firm handshake.
2. Look people in the eye.
3. Sing in the shower.
4. Own a great stereo system.
5. If in a fight, hit first and hit hard.
6. Keep secrets.
7. Never give up on anybody. Miracles happen
everyday.
8. Always accept an outstretched hand.
9. Be brave. Even if you're not, pretend to be. No
one can tell the difference.
10. Whistle.
11. Avoid sarcastic remarks.
12. Choose your life's mate carefully. From this
one decision will come 90 per cent of all your
happiness or misery.
13. Make it a habit to do nice things for people
who will never find out.
14. Lend only those books you never care to see
again.
15. Never deprive someone of hope; it might be
all that they have.
16. When playing games with children, let them
win.
17. Give people a second chance, but not a third.
18. Be romantic.
19. Become the most positive and enthusiastic
person you know.
20. Loosen up. Relax. Except for rare life-and-
death matters, nothing is as important as it first
seems.
21. Don't allow the phone to interrupt important
moments. It's there for our convenience, not the
caller's.
22. Be a good loser.
23. Be a good winner.
24. Think twice before burdening a friend with a
secret.
25. When someone hugs you, let them be the first
to let go.
26. Be modest. A lot was accomplished before
you were born.
27. Keep it simple.
28. Beware of the person who has nothing to
lose.
29. Don't burn bridges. You'll be surprised how
many times you have to cross the same river.
30. Live your life so that your epitaph could read,
No Regrets
31. Be bold and courageous. When you look back
on life, you'll regret the things you didn't do
more than the ones you did.
32. Never waste an opportunity to tell someone
you love them.
33. Remember no one makes it alone. Have a
grateful heart and be quick to acknowledge those
who helped you.
34. Take charge of your attitude. Don't let
someone else choose it for you.
35. Visit friends and relatives when they are in
hospital; you need only stay a few minutes.
36. Begin each day with some of your favourite
music.
37. Once in a while, take the scenic route.
38. Send a lot of Valentine cards. Sign them,
'Someone who thinks you're terrific.'
39. Answer the phone with enthusiasm and energy in your voice.
40. Keep a note pad and pencil on your bed-side
table. Million-dollar ideas sometimes strike at 3
a.m.
41. Show respect for everyone who works for a
living, regardless of how trivial their job.
42. Send your loved ones flowers. Think of a
reason later.
43. Make someone's day by paying the toll for
the person in the car behind you.
44. Become someone's hero.
45. Marry only for love.
46. Count your blessings.
47. Compliment the meal when you're a guest in
someone's home.
48. Wave at the children on a school bus.
49. Remember that 80 per cent of the success in
any job is based on your ability to deal with
people.
50. Don't expect life to be fair…..continuing....

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A What is a Business Plan?

A business plan is a blueprint of your business. It is a detailed plan from which all other plans should be developed…..continuing....

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A Where you wait for the bus 🚌 doesn't matter but your relationship with driver does

There's an old story of the boy who stood on a sidewalk, waiting for a bus. A man walking by spotted the boy and gave him some gentle instruction. "Son," he said, "if you're waiting for the bus you need to move to the street corner. That's where the bus stops for passengers."….continuing....

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A STORY The price of kindness

A poor boy who was begging from door to door
to feed his hungry stomach, decided he would
ask for a meal at next house. However, at the
next house he lost his nerve when a lovely young
girl opened the door. So instead of a meal, he
asked for a glass of water.
The girl thought, he looked hungry. So, she
brought him a large glass of milk. He drank it
slowly, & asked thereafter : 'how much do I owe
you for this ? You don't owe me anything, she
replied. Mother has taught us never to accept
pay for kindness. He said, then I thank you from
the bottom of my heart.
Years later, that girl (now a woman) became
critically ill, and the local doctors tried their
possible best to save her life but they couldn't
cure her. They finally sent her to the big city
where specialists studied her rare illness. Dr.
Kelly was called in for the consultation, when he
heard the name of the town where she came
from, a strange light filled his eyes.
Immediately, he rose & went down the hall of
the hospital to her room. He recognised her at
once. He went back to the consultation room
determined to do his best to save her life.
From that day, he gave special attention to
that case. After a long struggle, the battle
was won and the woman was cured. Dr. Kelly
requested the business office to pass her final
bill to him for approval. He looked at it, then
wrote something on the bill and It was sent to
her room.
The woman feared opening it cos she was sure it
might take the rest of her life savings to pay
for it . Finally she looked at it and noticed
something was written at the edge of the note,
'Paid In Full With a Glass of Milk'. Tears filled
her eyes as she immediately remembered.
Every form of kindness you show is never in
vain, it reproduces itself. Well, not necessarily
before your eyes, but it always does. I've been
kind to you by sharing this story. And U be kind
to share it with others.
Its good to be good. Always be nice: It will
come back to you.*….continuing....

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A Entrepreneurial Characteristics

It is clear that the definitions of the 'entrepreneur' are not similar. However, there are certain qualities and/or functions which explicitly or implicitly, feature in most of them. Each definition contains similar notions, such as newness/value, organizing, creating wealth, and risk taking, despite viewing the entrepreneur from a slightly different perspective. Failing to agree on a single definition, entrepreneurship specialists have resorted to drawing up lists of qualities and/or functions which typify the entrepreneur. Invariably, these lists include a combination of characteristics: People with entrepreneurial qualities and skills tend to enjoy the challenges, the hard work and the success of self-employment…..continuing....

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A Remember this things in your life

3 things in life that never come back when gone:
-⌚Time
-πŸ‘…Words
-πŸ’ŽOpportunity….continuing....

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