Monday, September 6, 2021

What does it take to become a Future Leader?

 What does it take to become a Future Leader?

Gabriela A.V/12 Science 2

Business and Management courses have been one of the most sought majors by the students throughout the year. Many students decided to attend the business and management courses because it is indeed one of the most popular majors in university. It also provides a wide range of job opportunities for the students who have graduated with this degree. It’s because there is a lot of job offer that require employees with business and management degrees. But that is not the only intake in taking this course, business and management course right here has constantly enhanced each of their students in becoming the leader, not just the employee. Therefore, from the business and management course major, a lot of future leaders will be born.

This Major has always been the popular choice among the other majors chosen by the students. It is popular because there are a lot of students that aspire to become an entrepreneur or business leaders. For aspiring entrepreneurs and business leaders, a business management degree is consistently a popular choice. It provides the academic knowledge and skills to pursue global career opportunities and helps them in developing a broad understanding of businesses and specific areas such as finance and human resources. Students will gain an overall view of entrepreneurial activity and explore different ways to approach entrepreneurship. They will also learn how to consider financial and institutional systems in supporting entrepreneurship in different economies and gain an analytical framework for understanding different approaches to entrepreneurial cultures. “Business and Management course has inspired positive change in business and society, individuals and organizations, locally and globally by delivering impactful research and classes which promote a global and digital mindset for the future of business.” (T, 2021) Business and management courses allow their students to explore how organizations of all sizes start, run and thrive. Throughout the year this course has been training its students in becoming future leaders. It has provided each student the rundown on becoming the future leaders of the world economy. The students got nurture to become an entrepreneur, that will hold the economy in their hands. (T, 2021) (Kingston University London, 2020)

Entrepreneurs are known as future leaders. But what exactly are an entrepreneur and its relation to entrepreneurship?

In brief, an entrepreneur is someone who first initiates a product or business idea and thus is the leader of that in the market. Entrepreneurs are the pioneers and innovators who often build businesses from scratch, or work within their organizations to create new opportunities. “An entrepreneur is an individual who conceives a unique idea or concept to start an enterprise and brings it into reality, creates a new business, bearing most of the risks and uncertainties of the business and enjoying most of the rewards.” (Hayes, 2021) An entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business or procedures. The people who will become Future Leaders in the world economy are those people who set up businesses with the aim of making profits. They are the ones who will always lead the market because no matter how many competitors come in the future, their position will remain untouched. The venture established by the entrepreneur is known as Startup Company, which is formed for the very first time regarding the idea, innovation, or business process. That helps them realize their idea, known as entrepreneurship, which aggregates capital and labor to produce goods or services for profit. (Ferreira, 2020) (Hayes, 2021)

While entrepreneurship itself is the act and process of creating and setting businesses while building and scaling them to generate a profit. (Hayes, 2021) Entrepreneurship is about pursuing opportunities beyond the resources that people have at hand. Entrepreneurship is highly risky but also can be highly rewarding, as it serves to generate economic wealth, growth, and innovation. In the world of economy, an entrepreneur is considered as the most important factor of production, which assembles and mobilizes the other three factors of production which are land, labor, and capital. Entrepreneurs play a key role in any economy, using the skills and initiative necessary to anticipate needs and bringing good new ideas to market. Entrepreneurs are known for their creative approach. They introduce innovation and coordinate the resources. They offer such products and services which bring about a change in the world. Entrepreneurship that proves to be successful in taking on the risks of creating a startup is rewarded with profits, fame, and continued growth opportunities but for those entrepreneurship that fails results in losses and less prevalence in the markets for those involved. (Kingston University London, 2020) (Hayes, 2021)

Hence, for those students that are still in confusion about choosing their college major, why not consider the Business and Management course as their chosen major. Business and Management courses have proved that they are worthy of their popularity as one of the most chosen majors by the students each year. The major itself has given the students a lot of opportunities in becoming the best version of themselves. They develop the students into becoming a worthy leader, the ones that will hold the economy in their hands. So, why become an employee if you can become your own leader by simply learning business and management courses. Go and get yourself the best version of yourself, the one person you can be proud of which is a worthy leader.



References

Ferreira, N. M. (2020, 9 2). WHAT IS ENTREPRENEURSHIP? ENTREPRENEUR DEFINITION AND MEANING. Retrieved from OBERLO: https://id.oberlo.com/blog/what-is-entrepreneurship

Hayes, A. (2021, 2 26). Entrepreneur. Retrieved from investopedia: https://www.investopedia.com/terms/e/entrepreneur.asp

Kingston University London. (2020, 5 12). 5 benefits of studying business management. Retrieved from Kingston University London: https://www.kingstonisc.com/blog/categories/study-abroad/5-benefits-of-studying-business-management

S, S. (2018, 7 26). Difference Between Businessman and Entrepreneur. Retrieved from Key Differences: https://keydifferences.com/difference-between-businessman-and-entrepreneur.html

T, L. (2021, 7 21). Why Study Business? Retrieved from TopUniversities: https://www.topuniversities.com/courses/business-management-studies/why-study-business

 

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