Saturday, December 02, 2006

Reflection about Ecube

Reflection about Experience & Earn Enterprise Programme

I learnt a lot from this course honestly. I know more about entrepreneurship. It is different from a business owner. An entrepreneur takes more risk while a business owner is more conservative. In addition, an entrepreneur earns more profit as compared to a business owner. However, I think every business starts from being a business owner then expand to becoming an entrepreneur.

Joanna and Donnie gave real-life examples of entrepreneurs for example Kenny Yap, Bill Gates and Ron Sim which inspired me in starting a business. They also told us about creative and innovative ideas for example bringing the life cycle of ants to become a business. Thus, this tells me that everything can be a business; opportunity is one that you have to create yourself instead of people giving you.

I also have an idea what a business plan is all about. It is not as simple and easy as I thought. It consists a lot of criteria so as to convince the person who is looking at the business plan, to ensure that our proposal will work and a give a wholesome and professional look.

We also learnt how to have a financial plan. We have to assume our expenses higher and our profits lower. We learnt how to calculate our revenues and know what assets are. We have a lot of group interactions which I think is pretty good. This gave the club a better bonding, this I think the club does not have much. I also think that we still do not know each other pretty well as well. Thus, I think this programme give the members a topic to talk about in the future.

We also learnt about marketing skills. We came up with our own advertisements and posters which I think are pretty good. We have excellent ideas. I feel so proud of our club suddenly. In marketing, we have to know who is our target customers and know what their needs are. In advertising, in terms of the advertisements in the television or posters or flyers, the colours, font of the words used, the graphics used, the size and layout of the flyers and posters are pretty important. We may also need a tagline to attract the customers’ attention.

From this programme, we can present our products better. I also realized that everyone can be a businessman or businesswoman, just that you got to have the passion and enthusiastic and that you have to love what you are doing. If you do not like what you are doing, do not bother about doing it as you will never succeed in what you are doing.

From this course, I also know one successful entrepreneur who is Donald Trump. He owns hundreds of companies and he is a billionaire. He failed once but he got up, he never gave up. He learnt from his mistakes. He worked with people well. He became one of the people I admired and looked up to.
In conclusion, this is a pretty good course and I think it is worth it. Although some parts are pretty boring, we learnt a lot from this programme which can bring us to the working world. This course also inspired us in becoming an entrepreneur. However, I think too many things are taught in only two days, much of the things we did not really fully understand. I think more time should be given and more activities should be carried out so that we understand better. Overall, I enjoyed this course.

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