The Fundamentals of Entrepreneurship: The American Dream

I corroborate al elbow rooms been matter to by the judg handst of the Ameri offer brea occasion in. Even if, nowadays, this concept is much(prenominal) and more criticize beca utilise some wad view that the structure of Ameri sack up society doesnt follow anymore the approximationlistic address of the American inspiration, providing example such as inequality in conformation or race which suggest that the American Dream is non attain fitting for altogether. precisely to me the term American Dream be unchanged all mess can comply through hard work, and all mass have the potential to blistering happy and successful lives.And in my header, the entrepreneurship is virtuoso of the most famous way to obtain this American Dream. Steven BUYERS who is the builder and proprietor of EnergyLogic a fast-growing company in Northern Colorado, appears to me as a in truth good example of this American Dream which is about(predicate) hope and the potential for change. In fac t, I feel this at the homogeneous quantify through the very modernistic and sustainable development oriented concept of his company, and the pursue of initiative he chance onms able to show without having a precise idea of where it pass on lead him.In this paper, Im going to discuss cardinal major topics which attend toms relevant to me given Steven BUYERS experience, they ar the successful valet de chambre and the capacity to see probability. Self-made man The first thing I would handle to precise is about the vision I have of a self-made man. Obviously when I use this term Im not verbaliseing that Steven BUYERS is the only one creditworthy of the success of his company, because it would slopped that nobody have accompanied him in this project and it wouldnt be fair not to see about his employees or his wife who has manifestly plays a huge role in his success.But I rather mean that he had managed to construct and manage a success parentage starting from like noth ing. The concept of the self-made man is inescapably connected with the American dream that I have mentioned sooner. The self-made man comes from unfortunate circumstances, is not born into privilege and wealth, and manages to construct a great success in life by his hold efforts. The yarn of the self-made man embodies the goal of both man to become the captain of his own destiny. Actually this is actually close to the reasons that people become entrepreneurs and starts their own firms, that is to say be their own boss, engross their own ideas and pursue financial rewards. A self-made man is anyone who attains far greater success which was not predictable. The priming coat that Steven BUYERS told us about isnt exactly what we can call a predestinated background. Indeed, he went through umteen divergent jobs and lifes experiences (from the armament to a bookstore) forward he found his way which tends to prove us that he is one of whose are able to create their own great ness.Finally I would say that macrocosm a self-made man, as world an entrepreneurship, is the result of a residual in your character and a willingness to do whatever it takes to be the beaver and bring home the bacon your dreams, just as the concessions made by Steven BUYERS at the beginning of his project. Capacity to see luck An opportunity is a prosperous set of circumstances that creates a hire for a new product, service or concern. When we know that homes represent 20% of the nil use in USA whereas deport only represents 27%, it appears logical to centering on this problem.But at the time that Steven BUYERS started his business, that is to say in 1998, nobody cared about saving energy. He came with this really simplex question How to be more in effect(p) with houses energy? , and his project was to provide people with a solution. As far as the opportunity recognition is concerned, Steven BUYERS has done a really good job. Indeed, he set a product/service that peo ple need and are willing to buy. Everybody isnt able to see opportunity, because opportunity isnt just an idea you come with cerebration it could work. And this is a crucial point which will determine if the business is going to work, or not.An opportunity has to perform four immanent qualities attractive, durable, timely and anchored to a product. That was the case for Stevens idea. It was attractive because it allows people to save bills it was durable because it lasts a life-time it was timely because sustainable development was beginning to develop and lastly it was anchored to a product because it deals with houses and isolation. What is even more impressive in this recognition of opportunity is that Steven BUYERS hasnt done any real market study or business plan out front launching his company.To me the way to identify an opportunity which fit the best to Steven BUYERS is the personal characteristics of entrepreneur. This capacity to see opportunity is an essential trait i n my mind which is related to creativity. To conclude I would concern the philosopher Ralph Waldo Emerson Do not go where the passageway may lead, go instead where in that location is no path and leave a trail. Being an entrepreneur means being able to go where nobody else went before you, being able to take risks, being able to see opportunities where nobody has looked before you In my mind there is different ways to succeed in your job.Steven BUYERS succeed by seeing opportunities and managing his own success story as many self-made men have done before him. But no matter what is your background as far as you take your chance to develop successfully your business idea. Unfortunately, nowadays, entrepreneurs are more and more assimilated to capitalist economy and all the unfairness it can raise. As a result, famous self-made men such as Rockefeller are not as well-recognized as they were in the historic and sometimes even criticized. So we can wonder if the American Dream is button up an example to follow or a goal to reach for the majority of American people.