Question

Choose a business professional you admire. This person could be well-known or someone in your community. List the skills you believe this person most effectively utilizes for his or her success. Discuss the skills you possess and how they will help you in your professional success in the future.

Answer 1

Entrepreneur I admire:

Richard Branson also known as Old Beardie founder of Virgin Galactic is the person I admire as an entrepreneur. The following strategies have been followed by him,

• The perception on risk has to be unique

• Passion for business has to be injected so that a thorough analysis about the industry and competitor can be done

• A focus on core competencies will help in enhancing the best skills

• Innovation and expansion are essential

• The right amount of capital has to invested at the right time so that the money is not not wasted on unproductive activities.