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New Business Venture

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Writing
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Saint Leo University
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Running Head: NEW BUSINESS VENTURE 1
Student’s name
Course name and number
Instructor’s name
Date submitted

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NEW BUSINESS VENTURE 2
Business Venture
An entrepreneur requires a set of skills in order to execute their ventures. Although a
person may not possess all the skills, having the most crucial ones is an added advantage in
business. Personally, I am a curious person, and I always find myself trying to discover things
and problems which can reveal new potential niche opportunities (Klebnikov, 2020). Also am an
innovative person, and I can restructure business processes and systems to suit the demand and
fit into opportunities available. Additionally, I am a resilient person who is capable of handling
rejections, burnouts, and stress. This core ability makes me have the determination to maintain a
focus on the same task every day. Through this, I am able to build a business from scratch and
handle the struggles until it succeeds. Having in mind that I am a good communicator, the above
abilities make me a good entrepreneur (Klebnikov, 2020).
However, my strong entrepreneurial drive feels so strong, and at the time, it may hinder
the ability to see the real picture of the problem ahead. "No challenge is too big" is what I tell
myself, which could be a risk factor when venturing into business. It is good to admit that there
is a problem, and seek different views of it from fellow entrepreneurs, to reduce that effect. This
helps one face the problem consciously (Blackburn, 2016). Also, I possess a strong personality,
which makes me more focused on success than the money I am investing or the money lost
during the venture. Losing money sometimes leads to depression and anxiety and has been the
cause of entrepreneurs turning to alcohol and drugs. Acknowledging that one is experiencing
such problems and seeking the necessary help is the best-recommended thing to do.

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Running Head: NEW BUSINESS VENTURE Student’s name Course name and number Instructor’s name Date submitted 1 NEW BUSINESS VENTURE 2 Business Venture An entrepreneur requires a set of skills in order to execute their ventures. Although a person may not possess all the skills, having the most crucial ones is an added advantage in business. Personally, I am a curious person, and I always find myself trying to discover things and problems which can reveal new potential niche opportunities (Klebnikov, 2020). Also am an innovative person, and I can restructure business processes and systems to suit the demand and fit into opportunities available. Additionally, I am a resilient person who is capable of handling rejections, burnouts, and stress. This core ability makes me have the determination to maintain a focus on the same task every day. Through this, I am able to build a business from scratch and handle the struggles until it succeeds. Having in mind that I am a good communicator, the above abilities make me a good entrepreneur (Klebnikov, 2020). However, my strong entrepreneurial drive feels so strong, and at the time, it may hinder the ability to see the real picture of the problem ahead. "No challenge is too big" is what I tell myself, which could be a risk factor when venturing into business. It is good to admit that there is a problem, and seek different views of it from fellow entrepreneurs, to reduce that effect. This helps one face the problem consciously (Bla ...
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