Entrepreneur's 2 Cents Worth
1) What did you enjoy most about the entrepreneur fair ?
Basically, I enjoyed making the products as I had a good time despite many failures. I also enjoyed the games prepared by all the other stalls.
2) Describe how you feel in this whole experience and why
During the planning, I felt very stressed as many of our ideas could not work. I felt utterly exhausted during the production as there was much to do. On the actual day, I felt nervous and tired as running here and there to tout customers was not easy. Overall, it was still fun.
3) What are some problems faced in the process of preparing for the fair? How did you overcome these problems ?
a) The candles were mostly defected and had chipped-off edges. We used rulers and penknives to smoothen the edges.
b) We had not enough candles to make the colorful candles. We bought more candles.
4) Describe some areas that you have done well in the fair.
We advertised well and people flocked to our stall. Within a short time, we sold all our products .We also made sure the products were popular with children.
5) Suggest some areas of improvement for the entrepreneur fair.
There should be more space for the stalls as it is a little cramp. The stalls should also be arranged orderly so that it will not be so messy and chaotic.
6) Reflecting on your personal experience in the process of setting up your class business and based on the observations you have made during the fair, share about what you have learnt in the following areas :
a) How to attract customers to your stall
Distribute flyers, paste up fancy posters, give out free gifts to people who patronise our stall.
b) How to price products
We make sure we make the most profit out of it. It must also be reasonable, not too cheap, not too expensive.
c) What you did to ensure success for your business
We ensured that the products we made were creative and original and that children would like them. We also did a mini survey to ensure that.
7) Having been a service provider and also a sales person, what do you think are some important attributes, characteristics or values one must have in order to run a business well ?
One must have patience to deal with customers, creativity to think of ways of advertisement, leadership qualities to manage the company well.
8) If you were given a chance to set up the business all over again, what would you have done differently ?
I would have bought much more materials to make more products so that we would have enough stocks.
Thats all for now !!!
Basically, I enjoyed making the products as I had a good time despite many failures. I also enjoyed the games prepared by all the other stalls.
2) Describe how you feel in this whole experience and why
During the planning, I felt very stressed as many of our ideas could not work. I felt utterly exhausted during the production as there was much to do. On the actual day, I felt nervous and tired as running here and there to tout customers was not easy. Overall, it was still fun.
3) What are some problems faced in the process of preparing for the fair? How did you overcome these problems ?
a) The candles were mostly defected and had chipped-off edges. We used rulers and penknives to smoothen the edges.
b) We had not enough candles to make the colorful candles. We bought more candles.
4) Describe some areas that you have done well in the fair.
We advertised well and people flocked to our stall. Within a short time, we sold all our products .We also made sure the products were popular with children.
5) Suggest some areas of improvement for the entrepreneur fair.
There should be more space for the stalls as it is a little cramp. The stalls should also be arranged orderly so that it will not be so messy and chaotic.
6) Reflecting on your personal experience in the process of setting up your class business and based on the observations you have made during the fair, share about what you have learnt in the following areas :
a) How to attract customers to your stall
Distribute flyers, paste up fancy posters, give out free gifts to people who patronise our stall.
b) How to price products
We make sure we make the most profit out of it. It must also be reasonable, not too cheap, not too expensive.
c) What you did to ensure success for your business
We ensured that the products we made were creative and original and that children would like them. We also did a mini survey to ensure that.
7) Having been a service provider and also a sales person, what do you think are some important attributes, characteristics or values one must have in order to run a business well ?
One must have patience to deal with customers, creativity to think of ways of advertisement, leadership qualities to manage the company well.
8) If you were given a chance to set up the business all over again, what would you have done differently ?
I would have bought much more materials to make more products so that we would have enough stocks.
Thats all for now !!!
posted by Emerz at 1:07 PM
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