Question

Step 1: Introduction

Begin an introduction paragraph about how one determines if they are ready to be an entrepreneur and then describe yourself as an entrepreneur with an idea.

Step 2: Research and Answer

Answer the six guiding questions:

What types of tasks and/or work efforts are involved in transforming your unique idea into an entrepreneurial success?

What is the passion, or motivation, behind your idea?

What types of sacrifices would you be willing to make to transform your idea?

How would you work the time into your current schedule?

Do you know where to get the funding?

What do you feel is a barrier to your idea becoming an opportunity?

Elaborate and incorporate the key points with respect to entrepreneur readiness

Step 3: vConclusion Summary

For the conclusion summarize what you have learned about entrepreneur readiness and let the readers know if you would like to pursue (or already are) entrepreneurship in your future.

Answer 1

Introduction

Entrepreneur is a person who wants to start up a business on their own and will be acting as a promoter for the business. Entrepreneur either brings his own capital into the business or raises funds from outside.

What types of tasks and/or work efforts are involved in transforming your unique idea into an entrepreneurial success?

• First believe in yourself
• Create your own board of advisors
• Be patient and identify the risk factors
• Learn how to sell the idea and how to increase demand for your business idea
• See that the idea is purposeful and passionate
• Focus on building the idea

What is the passion, or motivation, behind your idea?

My passion and moto behind the idea of sports coaching center is schools and parents concentration on children sports activities. Mostly in cities this has more demand.

What types of sacrifices would you be willing to make to transform your idea?

• I have to sacrifice my time in bringing up this idea into reality.
• Immediate desire has to be kept aside
• At the starting stage even the personal life has to be kept aside.

How would you work the time into your current schedule?

In order to prepare the current schedule first time has to be allocated and arranged properly. Check out the time whew students can come and attend the center.

Do you know where to get the funding?

Yes I do know where can I get my funding. I can get directly from banks by applying for a loan.

What do you feel is a barrier to your idea becoming an opportunity?

• Timing is a barrier
• Season: during exams time parents doesn't send them for sports
• Age group is also a barrier

Elaborate and incorporate the key points with respect to entrepreneur readiness

• Every entrepreneur should have networking skills
• Organizing skills
• Listening skills
• Speaking skills

Conclusion and Summary

According to my view becoming a entrepreneur is not a easy task. Entrepreneurs are born but not made. When an entrepreneur is ready and steady with above qualities then only entrepreneur becomes successful. With this thought I want to continue my future as a entrepreneur.