Tuesday 25 September 2012

WHAT IS INTRAPRENEURSHIP


WHAT IS INTRAPRENEURSHIP? :  Intrapreneurship is the practice of entrepreneurship by employees within an organization. An intrapreneur is an individual employed by an organization for remuneration, which is based on the financial success of the unit he is responsible for. Intrapreneurship is a novel ways of making organization more profitable where imaginative employees entertain entrepreneurial thoughts.
  
  An example Intrapreneurship is that of the founders of Adobe, John Warnock and Charles Geschke. They both were employees of Xerox. As employees of Xerox, they were frustrated because their new product ideals were not encouraged. They quit Xerox in the early 1980s to begin their own business. Currently, Adobe has an annual turnover of over  $3 billion. 

Thursday 20 September 2012

ARE YOU A HIGH ACHIEVER?

High achiever are those who take personal responsibility for their actions, but form my class exercise, am a moderate achiever. Am a low risk taker and i don't study a situation before committing myself to the course of action.

Wednesday 12 September 2012

THE MYTHS OF ENTREPRENEURSHIP.


  •  Myth: All Entrepreneurs Needs Is Money. 
                      TRUE OR FALSE?
                     It false,i know it is true that a venture needs capital to survive;it is also true that a large number of business failures occur because of a lack of adequate financing. However,money is not the only bulwark against failure. failure due to a lack of proper financing is often an indicator of other problems:managerial incompetence, lack of financial understanding,poor investments,poor planning,and the like.Many successful entrepreneurs have overcome a lack of money while establishing their ventures.to those entrepreneurs , money is a resource but never an end in itself.

  • Myth: Entrepreneurs Are Born, Not Made .
                    TRUE OR FALSE?
                    It false,the idea that the characteristics of entrepreneurs cannot be taught or learned-that they are innate traits one must be born with has long been prevalent.These trait include aggressiveness, initiative,drive, a willingness to risk, analytic ability,and skill in human relations.

  •  Myth:Entrepreneurs Are Doers,Not Thinkers.
                     TRUE OR FALSE?  
                      It false,although it is true that entrepreneurs tend toward action,they are also thinkers.indeed,they are often very methodical people who plan their moves carefully.entrepreneurs are both thinkers and doers.              

WHAT'S ENTREPRENEURSHIP ALL ABOUT?

 Entrepreneurship is the act of being an entrepreneur,which can be defined as" one who undertakes innovations, finance and business acumen in an effort to transform innovation into economic goods" it can also be said that,entrepreneurship is constant that is ,it can not be change(dynamic).Entrepreneurship is also the symbol business achievement which means the  entrepreneurs were the founders of today's business successes. 

Friday 7 September 2012

Ndifreke Umoyoh my Entrepreneurship

Hello everyone,welcome to my blog.My name is Ndifreke umoyoh,am a student at the American university of Nigeria.This blog is actually all about entrepreneurship,it will teach you how to start making your own money.Enjoy my blog thanks.