The Fundamentals of Entrepreneurship: The American Dream

I ease up al expressive styles been fascinated by the plan of the American daydream. Even if, nowadays, this concept is more(prenominal) and more criticize because some throng believe that the structure of American participation doesnt follow anymore the idealistic goal of the American Dream, providing typesetters case such as inequality in class or race which suggest that the American Dream is not attainable for all. unless to me the term American Dream stays unchanged all people can succeed through hard work, and all people hold in the potential to live happy and victorful lives.And in my mind, the entrepreneurship is one of the just about famous way to achieve this American Dream. St flush BUYERS who is the founder and possessor of EnergyLogic a fast-growing company in Northern Colorado, appears to me as a very good example of this American Dream which is about confide and the potential for change. In fact, I feel this at the same m through the very innovative and su stainable fuck offment oriented concept of his company, and the take of initiative he give earms able to show without having a on the button idea of where it will lead him.In this paper, Im button to discuss two major topics which chancems relevant to me given Steven BUYERS experience, they atomic number 18 the self-made creation and the capacity to see probability. Self-made man The first occasion I would like to precise is about the vision I have of a self-made man. Obviously when I use this term Im not reading that Steven BUYERS is the only one responsible of the achievement of his company, because it would mean that goose egg have accompanied him in this project and it wouldnt be fair not to think about his employees or his married woman who has app bently plays a huge role in his conquest.But I rather mean that he had managed to create and manage a success channel starting from like nothing. The concept of the self-made man is necessarily connected with the Ameri can dream that I have mentioned before. The self-made man nonpluss from unpromising circumstances, is not born into privilege and wealth, and manages to become a bang-up success in life by his have got efforts. The story of the self-made man embodies the goal of every man to become the captain of his consume destiny. Actually this is really close to the reasons that people become entrepreneurs and starts their own firms, that is to put be their own boss, pursue their own ideas and pursue financial rewards. A self-made man is anyone who attains off the beaten track(predicate) greater success which was not predictable. The basis that Steven BUYERS told us about isnt exactly what we can call a predestinated background. Indeed, he went through many different jobs and lifes experiences (from the army to a bookstore) before he found his way which tends to invoke us that he is one of whose are able to create their own greatness.Finally I would say that being a self-made man, as bei ng an entrepreneurship, is the result of a difference in your character and a willingness to do whatever it takes to be the best and achieve your dreams, just as the concessions made by Steven BUYERS at the beginning of his project. Capacity to see opportunity An opportunity is a favorable set of circumstances that creates a get hold of for a new product, service or business. When we know that homes represent 20% of the energy use in USA whereas transport only represents 27%, it appears logical to focus 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 honest question How to be more efficient with houses energy? , and his project was to supply people with a solution. As far as the opportunity actualization is concerned, Steven BUYERS has do a really good job. Indeed, he identified a product/service that people need and are willing to buy. Everybody isnt able to see opportu nity, because opportunity isnt just an idea you come with thinking 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 essential qualities attractive, durable, apropos and anchored to a product. That was the case for Stevens idea. It was attractive because it allows people to save currency it was durable because it lasts a life-time it was timely because sustainable development was beginning to develop and finally 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 food market study or business plan before 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 in my mind which is related to creativity. To settle I would ci te the philosopher Ralph Waldo Emerson Do not go where the path whitethorn lead, go instead where there 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 capitalism 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 past and sometimes even criticized. So we can wonder if the American Dream is still an example to follow or a goal to reach for the majority of American people.