Nichols MGMT 100-02
Saturday, December 17, 2011
final blog post
Wednesday, December 14, 2011
Business and Society
Business & Society
Homework 10
12/14/11
Taking Business and Society was an experience I will take with me for years to come. I have learned a lot of interesting and valuable material that will come in handy in my future. Topics that we discussed in class this semester are the five key components to having a successful business, entrepreneurship, management, and SWOT. One topic that caught my interest in Business and Society was Entrepreneurship. By reviewing the chapters and listening to young entrepreneurs like Mark Zuckerburg, entrepreneurship was a topic that made me have faith in myself. We covered a lot that had to do with entrepreneurship and I learned a lot along the way. I learned that in order to be successful you have to take risks. Mark took a risk and succeeded. He was devoted to this website called Facebook, and worked very hard to develop this online social website. I also learned the basic traits which is having an idea then developing that idea into a billion dollar corporation. I learned that it doesn't matter the age, if you have an idea take that idea and go with it. You are never to young or old to follow your dreams. If you love what you do, you will never have to work a day in your life. When you follow your idea, you will succeed in many ways. There are many talented people in the world, but those who don’t follow their dreams ever succeed. Entrepreneurs have a lot of good characteristics. They all are devoted, energetic, action- orientated and self- nurturing. As stated in the book “You must believe in your idea even when no one else does, and be able to replenish your own enthusiasm" (pg 148). When you are your own boss you have to be confident in your company and your employees. You have to believe in yourself and staff if you want to be successful. Entrepreneurs develop their idea to reality. Another important characteristic to have in order to be a successful entrepreneur is energetic. If you have a positive attitude at work, your employers will be positive which equals success for your business. Your employees look up to the boss. By being positive and energetic your consumers will be coming back for more. "You must be emotionally, mentally, and physically, able to work long and hard” (pg. 148). The knowledge that I have learned through being an successful entrepreneur will defiantly help me in my professional life. Success is in the palm of my hands. By staying determined and following my dream, I will never give up on my goals and ideas. Since I’m at Nichols College, I learned that this is the perfect opportunity to take risks and develop a future for myself. I learned a lot in this class and will continue to follow my dream no matter how many risks I have to face in order to accomplish my dream.
Links relating to Entrepreneurship:
http://www.youtube.com/watch?v=-b-IoiFksgk
http://www.youtube.com/watch?v=jTBbxKkYTRw
Course Evaluation
Another thing I learned was the four functions of management. Planning, organizing, leading and controlling they help with learning about a business and how to take care of it. This shows how managers plan out what they want their employees to be working on during their time at work. Organizion shows how the managers organize their company and what they should do to keep everything from fall apart. The leading part of being a manager is very big because it shows that you have the leadership skills to take control of the situation and give everyone else direction. Controlling is important people not too controlling because in a good business the managers let their employees make some choices its all about controlling what should be going on. These functions will help me because I plan on being a band manager and these points are what I need to be able to manage the right way.
I liked this course because I do want to be in the managing part of business and it gives me great idea's to work up to what I want to do.
There are some news worthy articles:
http://www.nytimes.com/pages/business/index.html
There are about 4 or 5 different articles on this page ^
Tuesday, December 13, 2011
A Semester In Review
Final
In Business and Society I have learned a lot about myself and a lot about how businesses are ran. What I have learned about myself is that I had no idea about businesses when I thought I knew enough to run one. The only thing that I knew a descent about businesses is sports bars and I also knew the best way to keep employees happy and work harder. The sports bar that I worked at worked us hard but they would give us rewards and the environment in the kitchen was always positive. But the things I learned in the class were endless. One thing that sticks out in my head is S.W.O.T. It stands for strengths, weakness, Opportunities and Threats. With this now stored in my knowledge, I know what to do if I wanted to start my own business. I would know the right things to run a successful business. Another thing that I have learned which as also thought I knew a lot was just general ethics. I thought working hard and doing the right thing you would get treated right. But I was wrong; there are a lot of things behind the scenes about managers or business owners taking advantage of their workers. I guess there are very few people that are a good businessman and that are good to there employees. Another is from the entrepreneur project that we had to do for a class project with a friend. We had Tyler Perry and Steven Spielberg and we learned the type of personalities that they have. But the whole class also had the same personality. They were all self-motivators and if they did not reach their goal the first time, they would keep on trying until they succeeded. They also started out small and did the little jobs before they went big. This year in Business and Society has been an adventure and I have learned a lot to say the least. All the projects that we have done have been a huge help to my business knowledge and in taking the right steps to start one.
Course Reflection
What I learned
Mike Bane
Business and Society
HW 10
12/13/11
Business and Society was a class that was put on my schedule as a required. But after a few weeks I started to really like it. I become a lot more interested in business after I saw how easy it is to be successful when you have a good plan and a good idea of your field. I learned so much about entrepreneurship and how to start your own business. After learning about this I realized this is what I want to do for my career. I want to start my own lacrosse club organization. After learning some key factors about starting a business I think one day this could become a reality.
The next thing I learned was franchising. I learned that franchising is a great way for someone to run their own business without coming up with their own idea. Franchising is mostly used in big business chains but maybe if my lacrosse organization is very successful then I could expand and have a few regions.
The last important thing I learned in this class was, Human Resources. Human Resources are a very important part of business because it helps run your business from the inside. It helps hire, train, and even fire people. More importantly Human Resources help your business run smoothly. It helps people in the business work out problems and issues that arise inside the business.
These three factors are things that are very helpful in the business world and things that I'm so glad I learned about in this class. I will take all of the lessons I have learned in this class and hope I can use them in my career. One day maybe I can look back at Business and Society and think it was my first and maybe most important business class I took at Nichols College.
http://www.youtube.com/watch?v=jTBbxKkYTRw