EN200: Entrepreneurship in Nursing, GUIDED REFLECTIVE JOURNAL #2

REFLECTIVE JOURNAL No. 2

1.        In your opinion, what is the difference between an entrepreneur and a leader?

                     Entrepreneur is a person who will see the opportunity, assemble a team, looking for resources for a new business idea, raise the capital needed to start a business and while the leader comes only after the foundation has been laid and established businesses.It means, without entrepreneurs, leader will have no business  to manage the.

                     Entrepreneurs are more concerned with launching and business continuity in the face of uncertainty, while managers are more concerned with the effective and efficient operation of the business going.

2.        What are the determinants of successful entrepreneurship? Explain one.

a.         Willingness to take action This is the first and most important factor for each would be and current entrepreneur. All other factors presented below, is not important if you don’t take a real action. Actions are something that lead entrepreneurs to the success. Without them, they are nothing.

b.         Knowledge.

c.         Creativity

d.        Skills

e.         Intelligence

f.          Patience

g.         Persistence

h.         Teamwork

i.           Self-Confidence

j.           Experience.

3.        How would you explain Gandhi’s statement: “The progress of a country depends not on mass production, but on the production of the masses?

By adopting the principle of production by the masses, village communities would be able to restore dignity to the work done by human hands. There is an intrinsic value in anything we do with our hands, and in handing over work to machines we lose not only the material benefits but also the spiritual benefits, for work by hand brings with it a mediative mind and self-fulfilment. Gandhi wrote, "Its a tragedy of the first magnitude that millions of people have ceased to use their hands as hands. Nature has bestowed upon us this great gift which is our hands. If the craze for machinery methods continues, it is highly likely that a time will come when we shall be so incapacitated and weak that we shall begin to curse ourselves for having forgotten the use of the living machines given to us by God. Millions cannot keep fit by games and athletics and why should they exchange the useful productive hardy occupations for the useless, unproductive and expensive sports and games." Mass production is only concerned with the product, whereas production by the masses is concerned with the product, the producers, and the process.

AUTOBIOGRAPHY

Everyone is a life-long learner.  One does not have to be from a certain city or have a certain job to teach.  Teaching and learning are both important aspects of life.

            I have been learning about life one step at a time since I was born.  Palopo is the place where I was born and raised.  I was birthe by my mother, Nadira. She is a as a cook and my father are married and have been married for 35 years.  My father’s name is Ibrahim.  He was goverment employee  for 38 years. I have an older sister that is 32 years old, an older brother 28 years old and the youngest brother is 17 years old .  They ares currently working as goverment employee, except my the youngest brother, he is still a student at high scholl. There is something about waking up at 5:30 a.m. and watching the sunrise from a duck blind that I really enjoy. I believe that it is important to learn things as a child and as one grows old.  Even though, one day I will be out of school, I will still be learning as life continues.  One does not know everything.  One always continues to learn.  People will always be learning whether it is in school or a job related environment.

When I started to school my older sisters had taught me to read, spell and do simple arithmetic problems.  The school authorities wanted to start me next year because they thought my age is not enough to entrance grade school but Mother wouldn’t agree to it.  I was able to finish grade school for six years and three years for Junio school.

When i was in high school, i  was an average student throughout my academic life. Extra-curricular activities like sports, drawing, etc. were my favorite things. I just remember that it was the second semester of  2nd grade when I stood first in class. However, it didn't serve any purpose in motivating me to take up studies seriously. I enjoyed understanding the concepts more than just memorizing ready made notes. By the end of my time at high school I had achieved examination grades which allowed me to go to University. I did not have a real idea of what I wanted to do for a career, so i decided to take course BSN.  During my first year of college I have learned many things about the health and specially about the theories and practise of nursing from my teachers and also, i have learned many things outside of university. I joined in Squad of Disaster of Emergency assistance Nurse. I got more knowledge of emergency in that organization that in university. By the end of my time at university i had finished my study for five years.

It was two months after graduating, i  apllied to one of private college in Makasssar. I was fortunate be accepted to became a teacher there. I had been working for two years before i came here for taking Masteral of Science in Nursing at Saint Paul University Philippines and i have been studying for six moths at that university. In future, i want to became a profesional researcher so that i can make a theory that could be improve regarding practice and knowledge in nursing area.

EN200: Entrepreneurship in Nursing, GUIDED REFLECTIVE JOURNAL #1

REFLECTIVE JOURNAL #1

1. What is the best contribution of entrepreneurship in nursing? Why?

Entrepreurship is the capacity and willingness to develop, organize and manage a business venture along with any of its risk in order to make a profit. The most obvious example of entrepreneurship is the starting of new business. (www.businessdictionary.com)

According to Stevenson, entrepreneurship is the pursuit of opportunity beyond resources controlled. "Pursuit" implies a singular, relentless focus. Entrepreneurs often perceive a short window of opportunity. They need to show tangible progress to attract resources, and the mere passage of time consumes limited cash balances. Consequently, entrepreneurs have a sense of urgency that is seldom seen in established companies, where any opportunity is part of a portfolio and resources are more readily available.

"Opportunity" implies an offering that is novel in one or more of four ways. The opportunity may entail: 1) pioneering a truly innovative product; 2) devising a new business model; 3) creating a better or cheaper version of an existing product; or 4) targeting an existing product to new sets of customers. These opportunity types are not mutually exclusive. For example, a new venture might employ a new business model for an innovative product. Likewise, the list above is not the collectively exhaustive set of opportunities available to organizations. Many profit improvement opportunities are not novel--and thus are not entrepreneurial--for example, raising a product's price or, once a firm has a scalable sales strategy, hiring more reps.

"Beyond resources controlled" implies resource constraints. At a new venture's outset, its founders control only their own human, social, and financial capital. Many entrepreneurs bootstrap: they keep expenditures to a bare minimum while investing only their own time and, as necessary, their personal funds. In some cases, this is adequate to bring a new venture to the point where it becomes self-sustaining from internally generated cash flow. With most high-potential ventures, however, founders must mobilize more resources than they control personally: the venture eventually will require production facilities, distribution channels, working capital, and so forth. in my opinion, the best contribution of entrepreneurship in nursing is to provide innovative opportunities for nurses thus creating a path of success on their own and can help the country's economy by creating jobs.

2. In discussing the different development and growth theories, what do you think is the best? Explain.

Locus of control is an important aspect of personality. The concept was first introduced by Julian Rotter in the 1950s. Rotter (1966) refers to Locus of Control as an individual’s perception about the underlying main causes of events in his/her life. In other words, a locus of control orientation is a belief about whether the outcomes of our actions are contingent on what we do (internal control orientation) or on events outside our personal control (external control orientation). In this context the entrepreneur’s success comes from his/her own abilities and also support from outside. The former is referred to as internal locus of control and the latter is referred to as external locus of  control. While individuals with an internal locus of control believe that they are able to control life events, individuals with an external locus of control believe that life's events are the result of external factors, such as chance, luck or fate. Empirical findings that internal locus of control is an entrepreneurial characteristic

have been reported in the literature (Cromie, 2000, Ho and Koh, 1992; Koh, 1996; Robinson et al., 1991). In a student sample, internal locus of control was found to be positively associated with the desire tobecome an entrepreneur (Bonnett & Furnham, 1991)..

3.      How can economic nationalism help our economy?

Economic nationalism is a body of policies that emphasize domestic control of the economy, labor, and capital formation, even if this requires the imposition of tariffs and other restrictions on the movement of labor, goods and capital. In many cases, economic nationalists oppose globalization or at least question the benefits of unrestricted free trade. Nationalism can help, in certain cases, to keep real output within a nation's borders. It entails protectionism, nationalization of key industries, etc. This is the method that is Indonesia taken with regards to their manufacturing industries - the so-called "infant industry" approach, whereby nascent industries are protected from competition.

4. What is the role of government in economic development?

The role of govermnet in economic development is Stabilization and Growth. Perhaps most importantly, the federal government guides the overall pace of economic activity, attempting to maintain steady growth, high levels of employment, and price stability. By adjusting spending and tax rates (fiscal policy) or managing the money supply and controlling the use of credit (monetary policy), it can slow down or speed up the economy's rate of growth - in the process, affecting the level of prices and employment.

5. Relate political stability to growth of entrepreneurship.

The following are some of the ways in which the political environment influences entrepreneurship:

·            Unstable political conditions where government policies change frequently discourage business, as investors fear for the safety of their investments.

·            Government support to economic development through infrastructure development, facilitation, industrial parks, and the like all encourage entrepreneurship.

·            High taxes that cut into the returns usually discourage entrepreneurs. On the other hand, tax holidays to encourage business attract start-ups.

·            The availability of infrastructure and utilities such as good roads, power, communication facilities, and lack of corruption and bureaucratic delays in obtaining such utilities encourage entrepreneurship.

·            Economic freedom in the form of favorable legislation and few hurdles to start and operate businesses encourage entrepreneurship.

·            While most businesses accept laws related to the safeguard of labor rights and the environment, some countries have retrograde laws that make compliance very difficult and time consuming. Such legal hurdles create a barrier to entrepreneurship

6. Explain one program of the government for the development of micro or small business.

In Indonesia we have program that we called consept of empowerment of Micro and Small enterprises To empower SMEs, improving their ability to do business and providing them with financial support should be done. All measures and  olicies should be focused on encouriging banks to finance their. Therefore, eforts that should be made as far as the empowerment of SMEs are as follows: (1) issuing conducive bank credit policy (2) providing technical assistance, and (3) developing and strengthening their institution. One form of independence of MSEs in carrying out their businesses is their ability in accessing the capitals from certain sources. Besides the financial aspect, other aspects such as coaching, mentoring, and technical assistance that support their development should also be provided. Accordingly, the empowerment and development of MSEs require a commitment, real involvement, and good coordination among all actors- both banks and related institutions. Through this commitment, both in the provision of funds, technical assistance, and institutional strengthening, it is hoped that MSEs' access to bank credit facilities can be realized