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Entrepreneurship lessons in Umm Şalāl Muḩammad

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Entrepreneurship Accelerates Economic Growth Entrepreneurs are important to market economies because they can act as the wheels of the economic growth of the country. By creating new products and services, they stimulate new employment, which ultimately results in the acceleration of economic development. So public policy that encourages and supports entrepreneurship should be considered important for economic growth. A large number of new jobs and opportunities are created by entrepreneurship. Entrepreneurship creates a huge amount of entry-level jobs that are very much important to turn unskilled jobholders into skilled ones. It also prepares and provides experienced workers to large industries. The increase in the total employment of a country largely depends on the rise of entrepreneurship. So the role of entrepreneurship in creating new job opportunities is huge. By bringing innovation to every aspect of businesses, entrepreneurial ventures enhance production utilizing the existing resources in the most effective ways. Entrepreneurs develop new markets by introducing new and improved products, services, and technology. Thus, they help generate new wealth and add more to the national income. So the government can offer the citizens more national benefits. 2. Entrepreneurship Promotes Innovation Through the right practices of research and development, entrepreneurs bring new innovation that opens the door of new ventures, markets, products, and technology. Entrepreneurs have a role to play in solving problems that existing products and technology have not yet solved. So by producing new products and services or bringing innovation to existing products and services, entrepreneurship has the potential to improve peoples’ lives. 3. Entrepreneurship Can Promote Social Changes Entrepreneurs change or break the tradition or cultures of society and reduce the dependency on obsolete methods, systems, and technologies. Basically, entrepreneurs are the pioneer of bringing new technologies and systems that ultimately bring changes to society. These changes are associated with improved lifestyle, generous thinking, better morale, and higher economic choice. In this way, social changes gradually impact national and global changes. So the importance of social entrepreneurship must be appreciated. At Duke, the Innovation and Entrepreneurship Initiative has a special program aimed specifically at Social Innovation. The program is “building upon and extending the strengths of the university to create a transformational learning environment to inspire, prepare, and support entrepreneurial leaders and scholars to turn knowledge into action in pursuing innovative solutions to the world’s most pressing problems.” For example, one of the most recent projects of the initiative is the Duke-UNICEF Innovation Accelerator, which is focused on entrepreneurship for menstrual health and hygiene for women and girls in vulnerable communities in three African countries. 4. Entrepreneurship Promotes Research and Industrial Development Along with producing new business ideas and thinking out of the box, entrepreneurs also promote research and development. They cultivate their ideas, shape them into a new form, and turn them into a successful business endeavor. Entrepreneurs are a special kind of people, they are always working to discover new ideas and improve existing ones. But their impact extends beyond their own companies and ventures: when an entrepreneur develops a new product, service, or idea, others often follow (and sometimes even further refine the ideas). Innovation and industry is accelerated through the combined action of entrepreneurs. They can motivate each other, share ideas and inspiration, and share planning to establish new industries. The change of the existing industrial climate opens the doors for others at the same time. Therefore, we see that the importance of entrepreneurship to the economy is multi-functional. 5. Entrepreneurship Develops and Improves Existing Enterprises We often think of entrepreneurs as inventing totally new products and ideas, but they also impact existing business. Since entrepreneurs think differently, they can come up with innovative ways to expand and develop the existing enterprises. For example, modernizing production processes, implementing new technology in the overall distribution and marketing processes, and helping the existing enterprises to utilize existing resources in more efficient ways. To sum up, supporting and promoting entrepreneurship can have a positive impact on the country’s economy and even existing businesses, and social entrepreneurship increases the likelihood of finding innovation solutions to social challenges faced by communities around the world.
Entrepreneurship · Consulting · Tutoring
Life coaching · Entrepreneurship · Psychology (for students)
Tutoring · Entrepreneurship · Chinese
Trusted teacher: Do you notice that the changes in the world are going faster and faster? Are you running behind the facts or would you prefer to choose yourself? Technology is gaining more and more influence. Will you let that all just happen to you? Of course not. Technology can also make your life easier. You must know how. Together we will discover how we can make your life more enjoyable, easier or more interesting by exploring your future. If you keep doing what you did, you keep the results you are used to. But if you want more or better or different, how are you going to achieve that? What do you achieve with it? - You are better prepared for the future - You can apply for a new job more easily - You can better understand the usefulness of certain subjects in your studies, which gives you more motivation - Your company responds better to new developments than your competitors - Everyone wants to talk to you at network meetings, because you have something interesting to say. Who is this suitable for? - You are still in school but you have doubts about study or work after school - You have been working for a while, but you feel that there is more to you than comes out now. You just don't know how to change that. - You haven't been working for a while, but you want to get back to work. How do you get a nice job that really suits you? - You get crazy about all beeps and notifications but only get stressed out of it. How do you arrange all that technology so that you benefit from it? - In your work you notice that little has changed in the last three years. Everything is exactly as it was then, while technology is racing past. How do you get your department or your company involved in innovation? How can you take advantage of everything that you can find online nowadays for almost nothing? As Commissioner of the Future, I have been helping people and companies for many years to better prepare for the rapidly changing world. My focus is on technology, on a human scale. So don't implement very large and complicated software systems or purchase all kinds of machines. No, it could be smarter. Because of this I work in different fields, I can let you learn from the discoveries of others. In addition, I read more than 50 books a year on various topics related to new technology, science, innovation and management. You benefit from it without having to read them all yourself.
Small business skills · Life coaching · Entrepreneurship
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