Entepreneuship
KENYATTA UNIVERSITY: UCU 104 TAKE AWAY ASSIGNMENT Q.1 It is better to be self-employed than to work for a salary. Discuss. Q2. Explain what you understand by the term intellectual Property. Give a clear meaning of the following terms: patent, registered trade mark and copy right. Discuss the advantages and disadvantages of the above.
IT IS BETTER TO BE SELF-EMPLOYED THAN TO WORK FOR A SALARY
Indeed it is better to be self-employed than to work for a salary.This is because being self-enployed is more advantageous than working for a salary as the following discussion explain; Whether one is running his or her own business or working as an independent contractor, he or she willsoon realize that working for oneself isn't just another job, it's a way of life.
As someone who likes a nine-to-five routine and collecting a regular paycheck? When self-employed, he must be willing to make sacrifices for the sake of the job. He is going to work long hours, which means that he won't have as much time as he or she used t for family or leisure activities. And if the cash flow becomes a trickle, he is going to be the last one to get paid.
Can one get along well with all types of people? Being self-employed is all about managing relationships--with ones clients or customers, ones suppliers, perhaps with his employees, certainly with his family, and probably with his banker, lawyer, and accountant, too. If he is the type who wants to be alone to do the few things that he good at, then he or she should do that--for someone else.
Are you a disciplined self-starter? Being self-employed means that you're your own boss. There may be days when you'll have to make yourself sit at your desk instead of going for a long lunch, or (especially if you work out of your home) place those business calls instead of reading the newspaper.
If one enjoy wearing many hats? Depending on his line of work, he may be involed in handling marketing and sales duties, financial planning and
IT IS BETTER TO BE SELF-EMPLOYED THAN TO WORK FOR A SALARY
Indeed it is better to be self-employed than to work for a salary.This is because being self-enployed is more advantageous than working for a salary as the following discussion explain; Whether one is running his or her own business or working as an independent contractor, he or she willsoon realize that working for oneself isn't just another job, it's a way of life.
As someone who likes a nine-to-five routine and collecting a regular paycheck? When self-employed, he must be willing to make sacrifices for the sake of the job. He is going to work long hours, which means that he won't have as much time as he or she used t for family or leisure activities. And if the cash flow becomes a trickle, he is going to be the last one to get paid.
Can one get along well with all types of people? Being self-employed is all about managing relationships--with ones clients or customers, ones suppliers, perhaps with his employees, certainly with his family, and probably with his banker, lawyer, and accountant, too. If he is the type who wants to be alone to do the few things that he good at, then he or she should do that--for someone else.
Are you a disciplined self-starter? Being self-employed means that you're your own boss. There may be days when you'll have to make yourself sit at your desk instead of going for a long lunch, or (especially if you work out of your home) place those business calls instead of reading the newspaper.
If one enjoy wearing many hats? Depending on his line of work, he may be involed in handling marketing and sales duties, financial planning and