The company I chose; was Shih’s floral, located in Beverly Hills, California. Marty and Helen Shih, immigrants from Taiwan, was determined to succeed. They were a set of hardworking immigrant entrepreneurs. In 1979, the Shih’s sold flowers on Los Angeles street corner; from a former cigarette stand they had borrowed. On their first day they only earned $1.99. The Shih’s weren’t discouraged by the amount they earn for a days’ work. They stayed focused. In order to earn more money; they would have to relocate to a new location. They decided to sale their flowers inside the lobby of a professional building. They would work 16 to 18-hour days. When the Shih’s sold flowers to their clients; they would write down their customers special occasions to increase the sale revenue.…
Katz, J., & Richard, G. (2011). Entrepreneurial Small Business. In Entrepreneurial Small Business (pp. C-6 - C-8). New York : McGraw-Hill Irwin.…
Only by keeping his nose to the grindstone, was my father able to financially support a wife and three children. After retiring as a machinist, my father decided to hang his own shingle and start a ceramic tile business. My father's business was very successful and his vision and bravery to take risks has been carved on my mind.…
In this scenario we will evaluate the case of Jeb and Josh who opened a business called Arcadia Sports. Jeb is a wealthy partner owning multiple wind farms and doesn’t actively participate in the day to day operations of Arcadia Sports. Josh manages the business and provides subject matter expertise to the operation. On the first excursion of whitewater rafting, Jane (a customer), got hurt and suffered permanent damage to her spine. To top it all off, Jeb’s wind farms go bankrupt, leaving behind a line of debtors seeking to collect. Opening a new business can sometimes be nerve wracking. Regardless of if the end goal is a small business or a large corporation, knowing which type of business will be most profitable and beneficial is an essential…
I have chosen a business called Hot-wishes which my colleges and I are going to do in about 5 month’s time.…
what helped me discover that the small business industry is the direction I wanted to go in. I had…
* The business I have chosen to start is called P.A.W.S. (Pets Assisting With Students). The purpose of the organization is to help at risk youth learn to love and care for an animal, thereby gaining love and trust from that animal. In doing so the youth will learn how to have a connection with another living being. The hope of the organization is that the at risk youth will eventually learn techniques in dealing with real life situations without resorting to violence.…
Student life does not generally afford a great deal of free time to pursue your personal interests; however, at one point, you may have considered turning a personal interest or hobby into an official enterprise. Today, you have finally decided to turn that hobby into a business but have realized that you need start-up capital from a lender or investor. To obtain funding, you need to convince a lender / investor that your business is more than a hobby. You need to demonstrate that you have a firm grasp of your business, the accounting practices that impact your business, the controls needed to safeguard assets, and which accounting system will produce accurate and relevant financial information.…
It is a family business that I hope to pass onto my children. My father taught me how to manipulate bones and treat people.…
About 2 months ago I started my own business where I am a presenter with Younique and I sell makeup. I have enjoyed all of my careers and I have decided to peruse my education and hopefully one day I will become successful with my Younique business.…
Over the years I became educated and skilled at clothing making and dreamed of profiting on my own and establishing a small shop in town to continue in the trade. My master and the family agreed to grant me a business loan and would donate the necessary tools to help me get started. Of course I would return the favor given the success of my business along with monthly payment installments. Getting started was difficult given my deformity due to small pox scarring, my family being loving and generous toward me were able to overlook my scars. The report of the masters clothing had spread across the village and many villagers were loyal customers, they saw that I was very skilled in my new found profession and continued business. Eventually business grew and we established a loyal customer base that got us through the threat of cheap slave labor. Although our prices fluctuated to compete with the slave owners our product was crafted with more integrity and kept business going. The need for products grew however customers were unable to always pay upfront forcing us to collect our profits. We started offering our customers discount opportunities for their loyal business and paying in cash. This helped our business receive more cash payments versus trade goods and lending…
After the exciting wait of finally getting my first car at the age of 16, I faced one major problem: no money. Searching for an answer, I gradually learned that getting my first job taught me many valuable life lessons and helped me evolve into the person I am today. After almost 4 years of work experience ranging in many different fields, I have adapted new skills and abilities, as well as the value of money. With challenges being faced, the forced me to manage my time, money, and effort in an organized way. This changed my direction, and motives, in life as well as my whole perspective on what is important and what really matters.…
I’m going to be talking about if we should eliminate the electoral college. On December 13, 2000, vice president Al Gore conceded the presidential election to Governor Bush. A day earlier, a lengthy and expensive manual vote recount process in Florida was stopped by the United States supreme court despite Bush leading by only 537 votes with Bush winning the states by 25 electoral votes put him over the needed threshold of 275. This election result was highly unusual not just because of Supreme Court decisions it was also the 4th time in united states history that a candidate had garnered majority of the popular votes but lost the election. As you all also have heard this type of scenario happened again with Hillary winning the popular vote…
Due to the current status of the economy, and that many companies are downsizing or outsourcing jobs, many people find themselves with the prospect of losing their jobs and having to take the decision of finding another job or starting their own business. Both life styles have many important and interesting differences.…
250-word essay that answers the following questions: What are your specific entrepreneurial accomplishments, and how will these accomplishments add…