Here are some suggestions for improving your friend's goal of eating healthier:
The goal "I plan to eat healthier" is not a SMART goal because it lacks specificity and measurability. Some ways it could be improved:
1. Make it specific by defining "healthier". For example, "I will eat at least 2 servings of fruits and 3 servings of vegetables per day."
2. Make it measurable by defining success. For example, "I will track my daily fruit and vegetable intake using a food journal to ensure I meet my daily targets."
3. Make it attainable and realistic. For example, "I will gradually increase my fruit and vegetable intake over the next month to work up to the
This talk was delivered on 15th September (Engineers Day) at BML Munjal University. It covers differences between invention, innovation, entrepreneurship, and startup. It discussed innovation landscape, types of innovation, and three important types of innovation in today's world. Innovator's method and innovators skills are also provided.
In Entrepreneurship section, who are entrepreneurs, types of entrepreneurs, entrepreneurial mindset and effectual thinking are discussed. Future of organization is discussed briefly along with why its necessary to learn entrepreneurship. Idea to launch (#flow_with_ramesh), why startup fails (#flow_with_ramesh), are you a startup kid? (#flow_with_ramesh) And challenges of entrepreneurship are discussed. In the end, what three interesting things you can do from learning, mentors, and work is discussed. Lastly, I describe my experiences with innovation and entrepreneurship is discussed.
This presentation covers meaning,definiton,characteristics & types of enrepreneur & meaning of entrepreneurship,its dimensions,classification of corporate entrepreneurship & factors affecting development of entrepreneurship
Are you toying with an idea for a business?
A lot of people think about starting a business, but for whatever reason the idea never becomes a reality. If you’re an entrepreneur who is on the fence about starting a business, we have the encouragement you need to take the first step.
We asked 30 business owners to offer persuasive reasons for entrepreneurs to launch a business.
This talk was delivered on 15th September (Engineers Day) at BML Munjal University. It covers differences between invention, innovation, entrepreneurship, and startup. It discussed innovation landscape, types of innovation, and three important types of innovation in today's world. Innovator's method and innovators skills are also provided.
In Entrepreneurship section, who are entrepreneurs, types of entrepreneurs, entrepreneurial mindset and effectual thinking are discussed. Future of organization is discussed briefly along with why its necessary to learn entrepreneurship. Idea to launch (#flow_with_ramesh), why startup fails (#flow_with_ramesh), are you a startup kid? (#flow_with_ramesh) And challenges of entrepreneurship are discussed. In the end, what three interesting things you can do from learning, mentors, and work is discussed. Lastly, I describe my experiences with innovation and entrepreneurship is discussed.
This presentation covers meaning,definiton,characteristics & types of enrepreneur & meaning of entrepreneurship,its dimensions,classification of corporate entrepreneurship & factors affecting development of entrepreneurship
Are you toying with an idea for a business?
A lot of people think about starting a business, but for whatever reason the idea never becomes a reality. If you’re an entrepreneur who is on the fence about starting a business, we have the encouragement you need to take the first step.
We asked 30 business owners to offer persuasive reasons for entrepreneurs to launch a business.
Clarity Focus Action - for business with marketing departments of one.Shannon Eastman
Find customers, get results from marketing, get clarity, bring focus, take action to move your business from stuck and frustrated to deliberate and in momentum.
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https://www.tycoonstory.com/young-entrepreneur/7-business-tips-for-student-entrepreneurs/
Tips on how charities can find and attract corporate donors in tough financial times.
Slideshare suggested blogs might be of interest; please let me know if they're not!
Starting your own business has never been more popular. It might be because you want a better work-life balance, have seen a brilliant opportunity, or are just ready for the exciting, fulfilling challenge of working for yourself.
Whatever your reasons, if you want to succeed you need to get the basics right - whether it's researching your market, raising finance or choosing your premises.
Our free guide, backed by business experts Sage, walks you through the key steps to success.
Making More Money (Workbook): Simple Strategies for Improving Cash Flow and P...jrd9234
Improvement is about helping you make more money—it’s not about change for the sake of change. Many organizations try to apply the tools of improvement to things that don’t make a difference—like shuffling deck chairs on a sinking ship. Real improvement gets to the root of organizational problems and addresses those problems with lasting solutions.
The principles of improvement apply to every kind of organization—regardless of size or structure. There is no organization anywhere which can’t benefit from improvement. As my late friend and mentor Bill Conway used to wryly say, “The normal state of everything is all screwed up.” This statement is axiomatically true because we tend to accept “screwed up” as the normal state of things. But it doesn’t have to be that way.
Finding waste usually involves a significant change in mindset—and a willingness to question the way we do things now. To paraphrase a famous quote from Einstein, we can’t solve our problems without first changing the way we think. Or to use Bill Conway’s expression, we can’t do improvement unless we “get our squash right.” With that in mind, the exercises in this workbook are designed to help you uncover areas where significant improvement is not only possible, but absolutely necessary. You may find opportunity in places you never would have expected.
Fundamentals of Management, Chapter 5Lecture NotesEntrep.docxbudbarber38650
Fundamentals of Management, Chapter 5
Lecture Notes
Entrepreneurship
Isabel M. Isidro (2007) tells us that there are ten rules that entrepreneurs should follow to make sure their businesses grow and prosper. Her suggestions include: find a niche market to target, be small but think big, differentiate the product or service, make a good first impression, plan for success, and establish long-term relationships with customers and suppliers. She further states that by listening to your customers you can best determine potential innovations and plan for success.
An entrepreneur should understand the power of planning. A good plan helps you increase your chances of succeeding and can help you define your business concepts, estimate costs, predict sales and control your risks. It tells you where you are going and how to get there. (Isidro, 2007)
Entrepreneurs, like all business people, must also keep an eye on the financial status of their firms. The difference between their focus and that of a corporate CEO is that entrepreneurs must understand that their sustainability is also predicated on other factors. Hupalo (2007) states,
If entrepreneurs become too earnings focused, they may cut corners leading to less customer satisfaction. They may not reinvest enough in their company’s future. They may compromise their relationship with their employees. This can lead to less success in the future.
Entrepreneurs, therefore, must measure their success by means beyond revenue or profitability. Other measures include increasing profit margins, paying down debt, year-over-year performance, growth in sales, product quality, the number of new clients, and customer satisfaction. Hupalo also makes the following statement about employees:
Employee satisfaction is another measure of success. The great companies tend to have employees who pride themselves in working for their company. Consider what your company has done for its employees throughout the year. If you added a 401(k) plan or improved the level of employee feedback and recognition, for example, you should deem your company more successful than last year. You own a better company.
So, what does it take to be an entrepreneur? Let’s take a look at the case of Sherryl Ford, owner of Facelogic International Inc. According to Lee (2007),
Sherryl Ford wrote the first business plan for a new spa venture on a 4-by-6-inch card at 2 a.m. Three years later, Ford and business partners Shari Nevarez and Evangelina Eastman have established Facelogic International Inc. as a comparatively inexpensive spa chain with more than 22 franchises in the United States and Canada. By year-end, Ford expects to have opened 45 spas, each employing 10 staff members. The company's revenues to date are $2.3 million. (p. 39)
A recent interview with Ms. Ford brought forth some critical elements behind her entrepreneurial success. Here are some of her comments relating to the following topics:
Reason for Getting into Business: .
THIS E BOOK IS VERY HELPFUL FOR ENTREPRENEURIAL
IDEAS AND SKILLS
FOR BEGINNERS AND START UPS. THIS E BOOK ALSO CONTAIN LINKS OF PHYSICAL BOOKS YOU CAN BUY
STUDY ABOUT ENTREPRENEUR IDEAS AND START UPS'
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The US House of Representatives is deeply concerned by ongoing and pervasive acts of antisemitic
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unwillingness to rectify this violation through action requires accountability.
Postsecondary education is a unique opportunity for students to learn and have their ideas and beliefs challenged. However, universities receiving hundreds of millions of federal funds annually have denied
students that opportunity and have been hijacked to become venues for the promotion of terrorism, antisemitic harassment and intimidation, unlawful encampments, and in some cases, assaults and riots.
The House of Representatives will not countenance the use of federal funds to indoctrinate students into hateful, antisemitic, anti-American supporters of terrorism. Investigations into campus antisemitism by the Committee on Education and the Workforce and the Committee on Ways and Means have been expanded into a Congress-wide probe across all relevant jurisdictions to address this national crisis. The undersigned Committees will conduct oversight into the use of federal funds at MIT and its learning environment under authorities granted to each Committee.
• The Committee on Education and the Workforce has been investigating your institution since December 7, 2023. The Committee has broad jurisdiction over postsecondary education, including its compliance with Title VI of the Civil Rights Act, campus safety concerns over disruptions to the learning environment, and the awarding of federal student aid under the Higher Education Act.
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• The Committee on Ways and Means has been investigating several universities since November 15, 2023, when the Committee held a hearing entitled From Ivory Towers to Dark Corners: Investigating the Nexus Between Antisemitism, Tax-Exempt Universities, and Terror Financing. The Committee followed the hearing with letters to those institutions on January 10, 202
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A Strategic Approach: GenAI in EducationPeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
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2. READ!!!
Gloria and Delia realized that although there are many
advantages to owning their own business, there are many
responsibilities and challenges that a business owner has
to face. Gloria knew that she and Delia had their work cut
out for them, but she had confidence they could do it if
they put their minds to it. She also knew that before they
started they needed to have a really good idea and be
certain that there were people who would be willing to pay
them for the product or service they wanted to sell. “How
do we decide what kind of business we should e have?
Delia asked Gloria. “There are so many businesses in our
community”, Gloria responded. “We have to come up with
just the right idea!”
3. 1. How do people come up with ideas
for new businesses?
2. How do you think they decide if the
ideas is worth pursuing?
4. Explore Ideas and
Opportunities
• Look for Ideas
1. Hobbies and Interests
2. Past Experiences
3. Discovery or Invention
• Investigate Opportunities
1. Sources of Information
2. Compare Different Opportunities
• Set Goals
1. SMART GOALS
2. Financial Goals
3. Non Financial Goals
5. Look for Ideas
- Millions of entrepreneurs in the United States start their
own businesses. You may wonder how they decide what
businesses to operate. They may have acted on a new
idea or an opportunity. An idea is different from
opportunity.
Opportunities – are possibilities that arise from existing
conditions.
Ideas – are thoughts or concepts that come from creative
thinking. Ideas can come from many different sources.
6. Look for Ideas
1. Hobbies and Interests
- Many people get business idead from their hobbies and
interests. Making a list of hobbies and interest can help
you decide what business is right for you.
“Bill had always enjoyed working with his grandfather on
the farm and had helped to build and maintain many farm
structures. He built a garage and added a sunroom to his
own home. He also was able to make plumbing, electrical,
and carpentry repairs around the house. He started doing
this for others in his sparetime. Soon he had many people
calling on him for these services that he decided to start a
general contracting business.”
7. Look for Ideas
2. Past Experiences
- Analyzing past experiences and jobs can help you come up
with ideas for business you would enjoy owning. People who
excel at their jobs have generally learned much about their
profession and how to satisfy customer needs. They also see
how successful marketing is conducted . Through their work,
they can build a network of potential customers, suppliers,
employees, and distributors. When they feel confident that they
can offer a product or service to this market more effectively
than their current employer, they can start a new business. The
experience and training they received on the job will increase
their chances of success in running new business.
8. Look for Ideas
“Samantha Rodriguez worked as a computer network
administrator for a large company. Recognizing that she could
use her experience to perform the same computer services for
other companies, Samantha started her own computer
consulting service. She currently earns, less money than she did
working for a large company, but she enjoys working flexible
hours and meeting new people.”
9. Look for Ideas
3. Discovery or Invention
- Sometimes a business opporunity arises from a discovery or
invention. Somone may invent a new tool that works better
than tools that are currently available. The next step would be
to research and find out if the idea can be patented, who the
competition is, what the manufacturing process would be, and
who the target market is.
“Chandra enjoyed working in her garden, but she did not like
any of the tools she had for removing weeds from around the
plants. She took one of her tools and made modifications to it
and found that it worked perfectly. After several friends tried
out the tool and liked it, Chandra decide to investigate how to
market and sell her invention.”
11. Investigate Opportunities
- People often conduct research to determine what is missing in
a particular maket – what needs exist that are not being met. By
doing this research, they hope to find the perfect business
opportunity.
12. Investigate Opportunities
1. Sources of Information
- The internet and the library have resources that can help you
conduct research for different opportunities. These include
books on entrepreneurship, magazines for entrepreneurs,
trade magazines for certain businesses, and government
publications. County Business Patterns is an annual series of
publications providing economic profiles of counties, states,
and the country as a whole. Data include employment,
payroll, and the number of establishments by industry.
- The internet and the library are not only places to investigate
opportunities. The Small Business Administration (SBA) is an
organization that exists to help small businesses and their
owners.
13. Investigate Opportunities
“Luanda Williams wanted to use her love of sports and dancing
to create her own company. She found books and magazine
articles at the library that gave her information on various kinds
of businesses. She also talked to owners of gymnastics centers,
health clubs, and dance studios. She discovered that there were
not enough children’s fitness programs to meet the demand in
her area. Her research revealed the many opportunities
available in the children’s fitness industry.
14. Investigate Opportunities
2. Compare Different Opportunities
- Once you find appealing business opportunities, you need to
identify which ones have the best chance for success. Now is
the time to assess each business opportunity by asking
yourself the following questions:
15. 1. Is there a market in my community for this kind of business?
Will people buy my product or service?
2. How much money would it take to start this business? Will I
be able to borrow that much money?
3. How many hours a week is it likely to take to run this
businesses? Am I willing to commit that much time?
4. What are the risks associated with this business? What is
the rate of business failure?
5. Does my background prepare me to run this kind of
business? Do most people who own this kind of business
have more experience?
6. How much money could I make running this business?
16. Think About it:
In one half sheet of paper, crosswise Think
about a business opportunitity that appeals
to you. For this Business, answer the six
assessment questions. Is this a realistic
choice for you? Why or why not?
17. Set Goals
- For everything you do in life, you set goals. Goals help you
stay on track and follow through with your plans. The best
goals are SMART.
18. SMART GOALS
SPECIFIC Goals should be specific and answer “What?” “Why?” and
“How?”
MEASURABLE Goals should establish ways to measure your progress.
ATTAINABLE Goals should not be too far out of reach.
REALISTIC Goals should represent things to which you are willing to
commit.
TIMELY Goals should have a timeframe for achievement
Set Goals
19. Set Goals
2. Financial Goals
- Set specific financial goals before
starting a business. Financial goals can
include how much money you will earn
and how quickly you will pay off debts.
Make sure your goals are realistic. If
one of your goals is to make large sums
of money early on, you almost
certainly will be disappointed. It
usually takes time for business to
become well established and
profitable. Setting a SMART financial
goals will help you develop a realistic
plan for earning profit.
20. Set Goals
3. Non Financial Goals
- Most people who own their own businesses do so for more
than just monetary gain. They are looking for personal
satisfaction. They may serve a community need, do something
they like, or enjoy the personal independence. You will want
to specify what nonfinancial goals you want to achieve by
being an entrepreneur.
For example, as a business owner, you may want to offer
support to a charity organizations, either by making monetary
donations or by offering your business’s services. Setting and
meeting nonfinancial goals can help an entrepreneur live a more
satisfying and fulfilling life.
21. Think About It:
1. In terms of annual income, what financial goals
have you set for yourself for 5 years after you
graduate? What non financial goals have you
set that you could fulfill by becoming an
entrepreneur? Are financial or non financial
goals more important to you why?
2. Your friend has set the following goal: I plan to
eat healthier. Is this a SMART goal? Explain why
or why not. Suggestions would you make for
improving?