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Chief technology officer and chief financial officer simultaneously


Table of Content

Conclusion 3

References 4

Introduction

Motivation behind Entrepreneurial Venture

Challenges Faced by Entrepreneurial Ventures

Long Term Plan for Entrepreneurial Venture

The idea that has been put forward is feasible or not, whether or not they have proper understanding of when to start tweaking, editing and optimizing the base plan of action (Mitra, 2019). If they have a realistic approach, which is neither too optimistic or too pessimistic when it comes to knowing if the company is able to deliver high end, low end or somewhere in between. A successful entrepreneur knows that work does not revolve around the work place. They maintain their focus on work even when they are not physically present at the place of work. The willingness for any kind of modification, and to figure out new, improved and updated ways to find rare and efficacious solutions is needed for problem solving. She consults her lawyer, brand extension advisor, chief technology officer and chief financial officer simultaneously. Additionally she consults with various industry experts, namely, Screen Queensland. The lesson is to back you. “Man in the arena” by Theodore Roosevelt is her favorite speech. According to her, she would not have changed anything.

Conclusion

Entrepreneurs need to overcome any kind of past defeats and have a perspective, which helps them to look at their defeats as a mode of opportunity, a mode of learning. They use the lesson learnt from their previous mistakes and use that knowledge to rectify where they initially went wrong. They keep trying repeatedly until they do make it big, until they succeed. In other words, they need to legitimately feel for the product, find joy in making their business better in every way possible; it is the feeling that matters the most and not the money. An enormous amount of affinity and love for the business is necessary in order to achieve the destined outcomes.

References

Venkataraman, S. (2019). The distinctive domain of entrepreneurship research. In Seminal Ideas for the Next Twenty-Five Years of Advances (pp. 5-20). Emerald Publishing Limited.

Wiklund, J., Wright, M., & Zahra, S. A. (2019). Conquering relevance: Entrepreneurship research's grand challenge.

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