Tuesday, May 5, 2020

Business Entrepreneur Implementation

Question: Discuss about the Business Entrepreneur Implementation. Answer: Introduction: It could be affirmed and regarded that for becoming a successful and real entrepreneur a number of struggles and obstacles have to be faced by an individual. The same could be observed by individuals if he or she would go through the biographies of the top most entrepreneurs who have achieved success in life. These kinds of entrepreneurs were acknowledged and considered as those individuals who have changed an idea in an innovative manner in order to achieve something and establish an advantageous startup with their ability and eventually built a team. (Forbes, 2016). These individuals also apart from being an entrepreneur have been regarded as innovative creators and thinkers. As they have learnt from their mistakes and have pushed themselves at each stage of life were without failing and stopping they have started to work in a new way something which was too much for their own good. Also, there have also been certain individuals who have initiated their journey to work when they had nearly nothing in hand but still had taken a road to success for becoming successful in life. Although there has been a number of examples of such entrepreneurs such as Richard Branson, Teoh Wee Kiat (myBurgerLab) and Uri Levine, Waze. As it has been observed that the entrepreneurs have been observed and recognized as the individuals who were defined as the risk takers so, in this essay the leading life examples of Richard Branson, Teoh Wee Kiat (myBurgerLab) and Uri Levine, Waze would be described. As they in his entire life have struggled hard in order to accomplish what they have achieved today. They have done so to turn out to be a successful entrepreneur and one of the richest men (Wee Kiat Teoh, 2016). Teoh was regarded as a young entrepreneur who was full of zeal and enthusiasm for the wide variety of trade. After completion of his education and attaining a degree in Finance Accounting from Nottingham University, he spent two crucial years of his life in work in the field of recruitment, audit and advertising. Then, with collaboration with two influential individuals, Chin Ren Yi and Cheah Chang Ming, he stepped his first step in the world of foodstuffs, tea and coffee in order to create what people known today as myBurgerLab. But for acheiving success, Teoh had some dreams that was set out in order to achieve the objectives which the corporation made. The dream for MyBurgerLab was, to redefine and modify the industry of foodstuff, tea and coffee by granting honestly good quality food and services with an aim of keeping the highest principles of the culture of any corporation. Richard Branson also on another end was regarded as a entrepreneur and innovator in the range of trade. He was the initiator and flourishing entrepreneur of Virgin Cola (Biography, 2016). During that time of the work of operation, he faced a lot of issues related to the clients. While in 1994, with the collaboration of another association which was known as Cott Corporation, Richard Bransons Virgin Cola was for the first time was commenced in the UK market. The original cola which was observed to be sold in 500ml bottles was advertised as The Pammy. The curves of the bottles were intended to bear a resemblance to Pamela Anderson, who was at the verge of her fame and popularity in the state of UK and USA at that period of time. This Group now holds more than 200 corporations, which comprises of the late Virgin Galactic, a space-tourism meticulous association. But as much as the entrepreneurial undertakings off in the music industry were concern the music era was prolonged under other parts which were settled on Branson and helped him in order to become rich. But at the end of 1990s, Virgin Cola packed up the sales. One of the most significant purposes was that Virgin Cola was not able to compete with the chief brand Coca-Cola. It was the world most eminent coke brand as well as soft drinks from last125 years. Virgin only wanted to enter a business when they think they could propose their clients with something conspicuously different that would disturb the market, but there was not actually a chance to do that in the sector of soft drinks (Virgin, 2016). But the Co-Founder of Virgin Cola was stimulated by his experience, and later started selling his own milkshakes with a couple of friends. He therefore, presently heads one of the chief, most determined drinks brands in Britain (Biography,2016). But for success the idea for Virgin Cola was pleasure the clients with innovative goods, international finest quality standard at a reasonable price that proposes clients with the best value for their cost. Apart from that, there have been a number of struggles and failures among these two beverages. Similarly another entrepreneur Uri Levine, he was one of the most creative entrepreneurs in todays time. He was the originator of Waze, one of the world's principal society-based traffic and direction-finding apps which collaborated with other drivers in the area of individuals who share instantaneous traffic and road data. It was taken over by Google in 2013 for the sum of $1.1 billion (Global Speakers Bureau, 2016). He was in the high tech trade for the last 30 years, and has observed everything ranging from breakdown, middle achievement and tremendous achievement. As a result of which he was able to transport extremely appealing keynotes to adolescent innovators and corporations and propose them a recipe book, a recipe for achievement (All American Speakers, 2016). Therefore, it could be accomplished that when people states that it has been an easy task to carry out any trade. So, in order to be a flourishing innovator an individual has to take all the kinds of dangers at all times. It needs to have a wholehearted assurance both in a corporal and a psychological way. To be well-off unexpectedly only survives in TV serials. Individuals wishes to donate a plenty of time and make an effort in order to determine a victorious trade. Only bears time and power doesnt guarantee that achievement would be achieved, but an individual could never achieve something otherwise (Entrepreneur, 2016). So, it has been observed that there has been numerous numbers of basics which would guide an individual to achieve victory which would comprises of: Unqualified perseverance; Put intelligence in carrying out any effort; Give time, energy and corporeal pressure to the trade of an individual, etc. So, it could be stated that the above mentioned entrepreneurs have faced a lot of evils in order to be successful which they have achieved in the present time. References All American Speakers. (2016) Uri Levine. [Online] All American Speakers. Available from: https://www.allamericanspeakers.com/celebritytalentbios/Uri+Levine [Accessed on 26/12/16] Biography. (2016) Richard Branson Biography. [Online] Biography. Available from: https://www.biography.com/people/richard-branson-9224520 [Accessed on 26/12/16] Biography. (2016) Richard Branson.[Online] Biography. Available from: https://www.biographyonline.net/business/richard_branson.html [Accessed on 26/12/16] Entrepreneur. (2016) Richard Branson. [Online] Entrepreneur. Available from: https://www.entrepreneur.com/article/197616 [Accessed on 26/12/16] Forbes. (2016) The Worlds Most Powerful People.[Online] Forbes. Available from: https://www.forbes.com/profile/jack-ma/ [ Accessed on 23/12/16] Global Speakers Bureau. (2016) Uri Levine. [Online] Global Speakers Bureau. Available from: https://www.gspeakers.com/speaker/?speaker=Levine_Uri [Accessed on 26/12/16] Virgin. (2016) Biography. [Online] Virgin. Available from: https://www.virgin.com/richard-branson/biography [Accessed on 26/12/16] Wee Kiat Teoh. (2016) Speaker Profile. [Online] Wee Kiat Teoh. Available from: https://weekiatteoh.com/profile/ [Accessed on 26/12/16]

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