This question involves explaining how a professional can proactively approach ca
ID: 454628 • Letter: T
Question
This question involves explaining how a professional can proactively approach career changes. Entrepreneurship remains vital to small business development. With 96.1% of all businesses categorized as a small business, the likelihood of you either being an entrepreneur or working for one is extremely high. For this essay, visit www.sga.gov and view the characteristics of and opportunities available for an entrepreneurship. Then, explain how you could use the information on www.sba.gov to proactively approach career changes. Your essay can take the position of actually being an entrepreneur or at least working with an entrepreneur. Response must be at least 250 words in length.
Explanation / Answer
To start with need to understand what is mean by "Entrepreneur"
An entrepreneur is an individual who, rather than working as an employee, runs a small business and assumes all the risks and rewards of a given business venture, idea, or good or service offered for sale. The entrepreneur is commonly seen as a business leader and innovator of new ideas and business processes.
Whether you perceive a need to make a shift in the direction of your career or find yourself compelled to change based on market conditions, there are few steps you’ll need to take to navigate a career change proactively.
Start by looking inward. A strategic career change begins by assessing your career path to date, including your work history, achievements, skills, interests, values, passions, gifts, and preferred work environment.
Consider what you want next. Are you ready for a change or having on foisted on you? If the former, identify what you need and will find satisfying in a new role; if the latter, clarify the most critical issues for you and your family
Gather all of these elements into a checklist.You will use them to compare your options after you’ve done your career change homework.
Define the career options that are available to you at the moment. Based on your experience, achievements, and industry exposure to date, what other positions/ Business might you be able to secure? Which related industries are reasonable to consider? What roles and industries have you always wanted to explore?
Pinpoint additional career options available to you if you secured more credentials into small business etc.Compare your options with your self-assessment results.
Entrepreneurs play a key role in any economy. These are the people who have the skills and initiative necessary to take good new ideas to market and to make the right decisions that lead to profitability. The reward for taking the risk is the potential economic profits the entrepreneur could earn.
for example if you work in automobile industries so you know very well number of part are need to procure from outside the market. So for this you can go for to start small business for providing the parts to this industry.
Assess the Labor Market-it is very important aspect & play vital role to go ahead tfor any career change.Review your long-term career aspirations in light of the research you’ve conducted thus far.
Roadmap your way forward. Are you on the right path in the short-term but believe you will need to gain additional experience in additional sectors.
Narrow your options. Boil down your options to the top 3-5 and compare each one to all the elements on the checklist you created in Step #1. While you may not find a career option that satisfies every self-assessment criteria on your checklist, you will certainly find one or more that fulfill most of them.
Nail down realities. Get expert feedback on likely Money and opportunity search realities you will face in your quest to change careers
Craft a career change plan to get you from here to there. Once you know what direction you want to move in, you’ll need a map to get you there. Your strategic plan may include skills attainment, a job search plan, career planning, or even resume writing and interviewing.
This is the proacitive approach to change the career path one direction to other. Nowdays no. of organisation like SBA Smal Business Administration they committed to helping small businesses in past As such, several programs and laws have been sponsored that directly affect small business owners.
Here, you can learn more about how legislation such as the Small Business Jobs Act and SBA initiatives such as the Emerging 200 program can help you and your business succeed.. Small Business Administration has delivered millions of loans, loan guarantees, contracts, counseling sessions and other forms of assistance to small businesses.
With money you need to developed he skill to deal with new role that role & responsibility/ Skill SBA will take this idea into yur requiremnt The ability to manage money, The ability to raise money,The ability to relieve stress,The ability to be productive,The ability to make entrepreneur friends,
The ability to identify strengths and weaknesses, The ability to hire effective people, The ability to train new staff, The ability to connect via social networking,The ability to focus on your customers, The ability to deal with failure, The desire to improve your world.
These are thing that you have to consideration while in change career.At the last famous qoute is
"Success comes from knowing what you don’t know, more than coming from what you do know." By Ray Dalio
Go ahead take proactively approach & hit the bull eyes.
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