Successful Entrepreneur Assignment
Successful Entrepreneur Assignment
Group: 2CH19MVR
Topics
Pages
Introduction ------------------------------------------------------------------------------------------------- 1
Acknowledgement ----------------------------------------------------------------------------------------- 2
What are some strength, weaknesses; opportunities and treats (SWOT) of the business-----------7
Explain how the entrepreneur demonstrates at least sic (6) PECs in operation his business----- 12
References ……………………………………………………………………………………….13
Saskelee Photography
The current address of the business is his home address 40 Driftwood Avenue, Lot 94 Phoenix Park
Village, Greater Portmore St Catherine.
The business was started back in 2012. Mr Kimroy started as a Graphic Designer but he could not get
the proper photos he needed to do the designs he wanted, so he decided he would do photography
instead so he would always have photos. He went and did a course at Carimac for Photography.
How were the funds acquired to start the business?
The funds for the business was acquired from saving from when he was selling CDs in halfway tree
he started saving to get the equipment’s he needed to be good at his job. He then started working at
STATIN where he got closer to accomplishing his dream much faster. It took him about 2 years to get
everything he needed to start his business and to get the proper training needed to do it effectively.
Short and long term goals of the business
Short term goal: To own a studio
Strategy: To build a barn studio in his back yard
Benefits gained – He was able to make a deposit on his house and bought his first car
Obstacles/challenges faced - When his hard drive got damaged with his clients photos that was to be
delivered to them.
Strategies implemented to overcome the obstacles/challenges- He had to do a deep data recovery and
in some instances had to offer free services to regain the clients trust. This was a bitter moment for
him. He has now invested in other means of storage which means stronger, smarter, storage (SSD).
What are some strengths and weaknesses: opportunities and treats
(SWOT) of the business?
Strengths
It is the type of photography you are passionate about
Has a good ‘eye’
You have to get good gear
Weaknesses
Need to always practice for the type of shots that he is weak in
Setting and features of your camera he needs to explore more
Techniques he needs to learn that would be useful
Opportunities
Travel opportunities
Job Satisfaction
Treats
Your camera or lighting equipment’s could get damaged
Equipment being stolen
Weather changes
How does the entrepreneur obtain feedback from customers?
In order to obtain feedback he has an online platform for his testimonial also he always keeps in
contact with his customers to ensure satisfaction.
Who are the entrepreneurs’ main competitors?
He does not see people in his field of work as competitors as everyone do what is possible to provide
for their self and their family, however price can affect the market as people is always trying to spend
less in whatever they are doing.
Explain how the entrepreneur demonstrates at least six (6) PECs in
operating his business?
Be a people person which is his biggest perks
He loves what he does
Be professional
Stay current
Be relevant
Good marketing skills
He does not sell what he would not buy for himself
Fun- If it is one thing about being an entrepreneur is that it is very stressful. Nevertheless you
should have to try and outlook the stressful part and try to have fun when working with the
clients
Risk-taker- Being an entrepreneur your calls for being a risk-taker as you are not aware
whether or not the business will succeed or fail.
Flexible- you have to be flexible because sometimes to get where you want without breaking
the law, you have to be creative and find ways around problems that might occur.
Perseverance- If you’re not willing to persevere it’s pretty much hopeless and even when
people will think that you’re crazy, you don’t have to stop because literally you have to be
able to see the light in the tunnel when nobody else sees it.
References
https://www.weddingwire.com/biz/saske-lee-photography-portmore/f953ff8f16c4e326.html
https://saskeleephotography.pixieset.com/
https://www.pinterest.fr/saskelee/?autologin=true&_client_id=CLIENT_ID(_)&mweb_unauth_id
=%7B%7Bdefault.session%7D%7D