My Findings From A New Idea Into A Profitable Business Essay

In this paper, I will be talking about my findings from this past month on being an entrepreneur. I n addition, I will touch base on Nikki Durkin and her epic failure with 99 dresses along with lessons learned to be successful. To follow, I will talk about the start up company Garner’s Garden based out of Maryland and the interview with its owner Phil Garner as he shares his experience. Entrepreneurship can have multiple meanings. Business daily consider it to be a business ventures that shares a commitment to turning an idea into a profitable business (Fernandes, 2016). Bruce Bachenheimer, a clinical professor of management and executive director at Pace university also mentioned At its core, it is a mind-set, a way of thinking and acting. It is about imagining new ways to solve problems and create value. (Fernandes, 2016). I couldn’t have agreed any more as anyone can come up with an idea but implementing it to produce change in the world is where the real work starts. Nikki Durkin, 19 from Australia, is an entrepreneur that thought of an idea that would change women’s closets. She was thinking of a solution to problem most women experience with their closet. The concept was to give women access to an infinite closet at a fee. 99 Dresses was already successful in her home country Australia but she wanted the U.S. market as well. After numerous investors the market was not stabilizing for her to keep funds circulating. She even re-evaluated the market with primary andShow MoreRelatedMaking Money Online Is Good Or Bad? Essay1582 Words   |  7 PagesThe idea of making money online is attractive to many, primarily because of the benefits it offers. Making money online is thought to be a hoax to some people, i can assure you it s not as i am living breathing proof of. However I would like to add to all this by saying that making money online is not something that happens miraculously. 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