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Starting your own business is a rewarding and challenging career option.
Management Theory and Studies for Rural Business and Infrastructure Development
The goal of the online business course "My first start-up" is to teach the participants how to create a business plan and budget for own business. The participants of the course can learn how to create a business idea, fit it to the plan and to create the budget for own enterprise. Course visitors aim to satisfy their business knowledge and skills. Therefore, it was very important to determine the need for knowledge and skills among young people. A specific study was conducted for this and the results of this study are presented in this article. The main objective of this study was to assist those who want to start a business in the beginning and also to help them with any problems they may be having when they start their own business. This research implemented a survey method to ask young people in various countries and demographic groups for their opinions.
Foundations and Trends® in Entrepreneurship, 2016
Journal of Small Business …, 2011
The relationship between outcome status and encountered problems in the business start-up process is investigated. Contrary to expectations, we find that starters do not substantially differ from quitters in the number and type of problems encountered, and that problems encountered generally do not affect outcome status. This research is based on a sample of 414 Dutch nascent entrepreneurs followed over a three-year period. Its design is comparable to that of the U.S. Panel Study of Entrepreneurial Dynamics.
Revista Cientifica Pensamiento Y Gestion No 22 Ene Jun 2007, 2013
Resumen Este artículo describe el proceso de creación de una nueva empresa así como los problemas que más a menudo se presentan al intentar lograrlo. Para hacerlo, éste ha sido dividido en tres partes. La primera es introductoria y con una mirada a través de los trabajos preliminares de investigación se presentan algunas consideraciones teóricas y ciertas palabras claves. La segunda parte está relacionada con el proceso de arranque, puntualizando las actividades involucradas en la creación de una nueva firma. Finalmente, a través de los problemas de puesta en marcha y con estudios empíricos se muestran los más significativos problemas que tiene que enfrentar las nuevas firmas, así como algunos estudios empíricos que ilustran cómo la investigación en este campo puede ser llevada a cabo.
Purpose – Guidance from successful individuals can be valuable to prospective and nascent entrepreneurs, as well as writers and instructors in the field. This paper seeks to confirm contemporary entrepreneurship concepts, examine current perceptions, and expand the knowledge base by exploring established entrepreneurship perceptions through first-hand accounts of successful small business owners. Design/methodology/approach – This qualitative research study summarizes and analyzes interviews with 149 established entrepreneurs and small business owners regarding their perceptions on the advantages and disadvantages of their endeavors, and on providing advice to prospective new venture creators. Findings – The research revealed that entrepreneurs enjoy the independence, freedom, job satisfaction, and money, but believe the long hours, stress, responsibility, risk, and lack of company benefits are drawbacks of entrepreneurial activity. The findings largely support previous research in the field, while clarifying some of the positive and negative consequences and reporting insightful recommendations. Overall, the subjects reported that the positive aspects far outweigh the negatives in their chosen career path. Practical implications – Non-monetary features of entrepreneurial activities may be greater incentives to prospective small business starters, and success is strongly connected to thorough planning according to achievers in the field. This information can be used to encourage new business owners, guide writers of entrepreneurial advice, and inform those involved in the entrepreneurship instruction. Originality/value – The direct feedback and comments from successful entrepreneurs is valuable due to the direct nature and currency of this research, as well as the linkage to previous studies.
Starting A Business For New Enterpreneur, 2020
Tips for those of you who are starting a new business, pay attention to some of the important things that will be successful in running a business to achieve sustainable growth
2000
Much research in the field of small business has been directed to explanations of firm performance. However, the first success that must be attained with a firm is actually getting it started. What are the problems that people encounter when setting up a business? How do encountered problems correlate with characteristics of the people, the firms-in-gestation, the start-up environment, and
Entrepreneurship and Sustainability Issues, 2019
Start-ups are an attractive topic for research because they are a relatively new and very dynamic business form. They carry out original business ideas, provide a space for self-realization of independent personalities, bring extra earnings, but most of them fail. The aim of the research was to examine whether the business model and start-up team like two basic assumptions are really some reasons of the viability and later potential start-up success. The result of the research is a knowledge on the structure and functionality of the start-up business model and start-up team. The viability of the start-up had been measured in shape of its business performance. An intensity and structure of the relationships between performance of start-up and its business model and team should confirm its capability to survive and thrive. These relationships are modelled on the base of regression analysis. The research has largely confirmed the existence of desired relationships to a certain extent, but the effect of the studied preconditions is internally considerably differentiated.
International Journal of Entrepreneurial Behavior & Research, 2017
The objective of this book is to share entrepreneurship lessons from the experience of an expert who kick started several businesses in various fields in Romania over the years. This is the first book written from the perspective of an experienced Romanian entrepreneur, who offers tips and ideas, and gives an account of his path in the past 20 years or so. Even though the book was published in 2011, the information is still very relevant, while the topic itself is inexhaustible, because, throughout time, much has been written on entrepreneurship and the developments in this field led to the emergence of new working theories.
Brazilian Creative Industries Journal, 2021
This research aims to describe the career and the entrepreneurial learning of micro-enterprises owners that identified new opportunities after the business failure. The methodology consists of a qualitative and exploratory study, with a cross-section approach and longitudinal perspective. Two entrepreneurs participated in the study, selected by convenience and availability, based on established criteria. Data collection was conducted through in-depth interviews, the interviews were recorded and transcribed. The dates were analyzed using content analysis. The study shows that new knowledge emerged from a learning journey in the context of business failure. It is learning about yourself, persistence, and resilience to succeed in new activities; about business and failure, flexibility to change the focus; on networks and relationships, as experience working with partners, employees and establish a network with the business partners; and on business management, to learn to minimize risk...
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