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ASMD Lab 1

The document discusses the concept of entrepreneurship, defining it as the process of transforming business ideas into profitable ventures while addressing large-scale problems. The author expresses a desire to become an entrepreneur for reasons such as autonomy, creativity, and job creation. They propose a startup idea, 'Virtual Event Planner,' as a means to achieve their entrepreneurial goals.

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m faisal
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4 views2 pages

ASMD Lab 1

The document discusses the concept of entrepreneurship, defining it as the process of transforming business ideas into profitable ventures while addressing large-scale problems. The author expresses a desire to become an entrepreneur for reasons such as autonomy, creativity, and job creation. They propose a startup idea, 'Virtual Event Planner,' as a means to achieve their entrepreneurial goals.

Uploaded by

m faisal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Entrepreneurship & Leadership

Assignment No: 01

Submitted To: Sir Waleed


Name: Muhammad Faisal
Class: BCE- 08
Enrollment No: 01-132182-036
Question No. 1 (10 Marks)
Define Entrepreneurship in your own words. Describe why you to be an entrepreneur and how
you will achieve this, explain in your own words with one example of any start-up?
Solution:
Entrepreneurship:
Entrepreneurship is basically define thinking about business idea and converting that business
idea to starting a business in the hope of earning a profit. However, our modern perception of
entrepreneurship has evolved into recognizing its ability to solve large-scale problems.
Entrepreneurs may also become thought leaders in their fields, although this isn’t necessarily a
distinguishing factor of someone in this role, but it can be a natural outcome.
Why I want to be an Entrepreneur:
There are main following reasons that I want to be an entrepreneur:
1. One of the best reason is that I want to be the boss of my own business.
2. I want to become an entrepreneur because I want to experience all the power in my hand.
3. By being an entrepreneur, I can represent my creativity and hard work.
4. I want to become an entrepreneur to provide job opportunities to many people.
5. By being an entrepreneur, I can do a job of my choice.
6. I can enhance my skills and experience by being an entrepreneur.
Startup to achieve the above tasks:

Startup: Virtual Event Planner:

Verified google business:

Introduction to Virtual Event Planner:

It is basically online business

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