Entrepreneurship Essay Example | Topics and Well Written Essays - 500 words - 10

Entrepreneurship - Essay Example The video top ten business model pitfall by Ash Maurya seeks to draw the entrepreneurs’ focus from the product and its development to thinking of the whole venture as the product. To overcome the pitfalls Maurya proposes that the entrepreneurs must define what success will be and set the measure of success even before they start off. That way they can know whether they are achieving their objectives or not. The entrepreneur needs to know to what extent they wish to grow and whether it will be necessary to expand further or not. This will prevent overexpansion and operation of the business below its potential. The entrepreneur should hence define what success should look like and when they should have achieved the goal. Another mistake identified in the video that entrepreneurs sometimes make is to try to create a product that will meet everyone’s need. In the end the product may not satisfy anyone. It is, therefore, necessary that the entrepreneur should focus on a specified target market and strive to satisfy their need. In doing so, one should identify the early adopters and seek to satisfy their needs before expanding to serve others with the product. However, the entrepreneur must not be too particular since at the start of the venture, the main idea is not about executing a specific plan but experimenting to come up with a plan that will work. He should therefore not focus too quickly on narrowing down to a specific product or service as he may lose out on a greater opportunity.

Benfits of online classes Essay Example | Topics and Well Written Essays - 500 words

Benfits of online classes - Essay Example To that effect, the paper will discuss the benefits of acquiring education online. The major benefit of attending online classes is convenience and flexibility (Tomei, 2010). One listens to lectures and completes the assignments at their own schedules. This is helpful for the professionals and working students because they are able to balance their class work, family responsibilities, and personal activities. The classrooms can also be difficult for those students who struggle with concentration. One can also sit comfortably anywhere while attending the online classes. The course materials also available online enhancing the flexibility and convenience. Therefore, the convenience and flexibility of Internet-conducted classes has continued to draw more students. However, flexibility and convenience comes with a high level of discipline and organization. Equally important, learning by use of the Internet has resulted in reduction of learning costs. Most of the online programs are more affordable as compared to the traditional courses. For example, there are no commuting costs, accommodation costs, and most of the course materials are often found online free of charge. Additionally, assorted costs like parking, fuel, and motor vehicle maintenance costs do not impact on the web-based learners (Tomei, 2010). As a result, the learner is able to save money that may be used for expensive workbooks as well as texts. The affordability of attending online classes may result in more people getting access to education, thus increasing the literacy levels. Proceeding further, Tomei (2010) argues that online classes enhance the opportunities to network. The Internet provides a platform where the student can interact with numerous other students across the globe. This gives them the opportunity to discuss their work and make connections with these students regardless of their location. At the same time,