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    Entrepreneurial Marketing

    Uploaded by

    Hassan Shahbaz
    The document discusses three key difficulties that entrepreneur Asif may face in starting his business to automate households in Lahore: 1) Self-management, as he will need to set his own schedule, make all decisions, and work long hours without a manager to spur him on. 2) Risks of entrepreneurship, as he may gamble with his livelihood, money, employees' jobs, and reputation in his chosen niche. Managing risks and stresses will be challenging. 3) Making contacts, as constant networking requires long hours attending events, seminars, conferences, and phone calls to build valuable connections, which can feel draining. Overcoming these three difficulties of self-management

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    Entrepreneurial Marketing

    Uploaded by

    Hassan Shahbaz
    32 views2 pages
    The document discusses three key difficulties that entrepreneur Asif may face in starting his business to automate households in Lahore: 1) Self-management, as he will need to set his own schedule, make all decisions, and work long hours without a manager to spur him on. 2) Risks of entrepreneurship, as he may gamble with his livelihood, money, employees' jobs, and reputation in his chosen niche. Managing risks and stresses will be challenging. 3) Making contacts, as constant networking requires long hours attending events, seminars, conferences, and phone calls to build valuable connections, which can feel draining. Overcoming these three difficulties of self-management

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    The document discusses three key difficulties that entrepreneur Asif may face in starting his business to automate households in Lahore: 1) Self-management, as he will need to set his own schedule, make all decisions, and work long hours without a manager to spur him on. 2) Risks of entrepreneurship, as he may gamble with his livelihood, money, employees' jobs, and reputation in his chosen niche. Managing risks and stresses will be challenging. 3) Making contacts, as constant networking requires long hours attending events, seminars, conferences, and phone calls to build valuable connections, which can feel draining. Overcoming these three difficulties of self-management

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    32 views2 pages

    Entrepreneurial Marketing

    Uploaded by

    Hassan Shahbaz
    The document discusses three key difficulties that entrepreneur Asif may face in starting his business to automate households in Lahore: 1) Self-management, as he will need to set his own schedule, make all decisions, and work long hours without a manager to spur him on. 2) Risks of entrepreneurship, as he may gamble with his livelihood, money, employees' jobs, and reputation in his chosen niche. Managing risks and stresses will be challenging. 3) Making contacts, as constant networking requires long hours attending events, seminars, conferences, and phone calls to build valuable connections, which can feel draining. Overcoming these three difficulties of self-management

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    Entrepreneurial Marketing

    Assignment 1

    Topic: Difficulties of Entrepreneur

    Submitted by:

    Hassan Shahbaz (L1F18BBAM0059)

    Submitted to:

    Syed Shujaat Ali Shah

    Date:
    24th- Nov- 2021

    1
    Difficulties in Entrepreneurial start-up of Asif
    People often think an entrepreneur has the world on a string as he appears to glide effortlessly
    from appointment to event, building his business with every handshake and counting his
    profits late into the evening. The truth, however, is usually much less glamorous. Most
    entrepreneurs have not reached the level of success that allows them to negotiate with the
    upper brass. The small-business manager instead works with his own particular set of
    challenges. As Asif started his business of automation of households in Lahore. As he
    approached me about insights as far as challenges as concerned. The 3 challenges that
    according to me can help Asif in the market to successfully run his entrepreneurial venture.
    Self-Management
    Becoming an entrepreneur requires you to be able to self-manage. There is no manager or
    superior spurring you on each day to complete your work. Asif has to set his own schedule,
    make all the decisions and work all the long hours necessary to keep the dream of business
    ownership alive. Being an entrepreneur Asif needs to maintain a professional attitude at all
    times so that he is regarded as a serious businessperson rather than someone daydreaming
    about starting his own company of automating the households.
    Risks
    The risks of entrepreneurship are many. He might often gamble with his livelihood, other
    people's money, his employees' job security and his reputation in the business niche that he
    chose. Risks often transform into worries for the businessperson who then has the extra
    challenge of rising above these stresses. So, taking the step chances in this world of
    innovation can make him successful.
    Contacts
    An extremely taxing aspect of being an entrepreneur is the long hours spent every day in
    making contacts with others in the business world. Asif must constantly push to make
    valuable connections with successful businesspeople. But making appointments, attending
    seminars and conferences, getting referrals and making contacts on the phone with various
    individuals is time-consuming and can wear on those entrepreneurs who feel as though they
    are constantly "performing" in their push to get ahead.
    So, if he can able to eliminate these three difficulties in his start-up then he can become
    successful.

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