Professional Documents
Culture Documents
1.0 INTRODUCTION
We make a career plan for a successful Entrepreneur. Career planning is a challenge for all
RIM professionals. We intend to depend on my attorney to handle all aspects of setting up the
corporation and maintaining proper career planning. The report on “career plan of a
successful Entrepreneur ” was initiated as part of the BBA Program, which is a BBA
Degree requirement of the ASA University Bangladesh (ASAUB). The report is being
submitted to the Tahmina Ferdous.
1.2 OBJECTIVE
The main objective of the report is to determine about career plan of a successful
Entrepreneur.
1.3 METHODOLOGY
• Some textbooks.
• Internet.
1.4 LIMITATIONS
• Limitation of time was one of the most important factors that shortened the present
study.
Rush hours and business was another reason that acts as an obstacle while gathering data.
Chapter: 2
The word career covers all types of employment ranging from semi-skilled through skilled,
and semi professional to professional. The term career has often been restricted to suggest an
employment commitment to a single trade skill, profession or business firm for the entire
working life of a person. In recent years, however, career now refers to changes or
modifications in employment during the foreseeable future.
There are many definitions by management scholars of the stages in the managerial process.
The following classification system with minor variations is widely used:
Career Planning:
Career planning is a subset of career management. Career planning applies the concepts of
Strategic planning and Marketing to taking charge of one's professional future.
A Definition of Entrepreneurship:
The concept of entrepreneurship has a wide range of meanings. On the one extreme an
entrepreneur is a person of very high aptitude who pioneers change, possessing
characteristics found in only a very small fraction of the population. On the other extreme of
definitions, anyone who wants to work for him self or her self is considered to be an
entrepreneur.
The word entrepreneur originates from the French word, entreprendre, which means "to
undertake." In a business context, it means to start a business. The Merriam-Webster
Dictionary presents the definition of an entrepreneur as one who organizes, manages, and
assumes the risks of a business or enterprise.
Career planning is the way to make success in a particular field of person’s occupation. It is
very interesting to analyze the scheme that most of the richest people followed once. It also
means that only irrational people are trying to convince the rest in the inefficiency of
counting on time and efforts to be made. One should take it into consideration that the more
one plans, the more one thrives. It is a principle that is proved logically and practically as
well. Look at the examples of outstanding people. It is no secret that the most successful and
richest people are those who can provide time and energy management. In fact, management
is the main field of their occupation. They are constantly obliged to make things go well.
Otherwise, the rivals would take their positions in the market or in the society up. Warren
Buffet, Bill Gates, Steve Jobs, Mel Gibson are all good planners. Mind the great chances to
go over a higher stage in career prospects. If you are lack of motivation, just start planning. If
anyone follow the effective way to start thinking productively:
Over the past two decades, records and information management (RIM) practitioners have
begun to enjoy the ability to create a structured career path. No longer are they solely
relegated to dark, dusty file rooms. They are now emerging as serious leaders in the
organizations they serve--especially by demonstrating expertise in effectively managing
digital records.
Although leadership may come calling without request, more often it comes to those who
prepare for it by planning their careers. The following illustration provides a six-step
framework for career planning that can be useful for those starting a career or for those
evaluating or contemplating a change in their current career.
Self-Assessment :
The first step begins with understanding yourself. A number of areas of self-knowledge are
very important in laying a foundation for a career plan.
You first need to understand your own personality (e.g., outgoing or shy, passive or
aggressive, thoughtful or emotional). In addition, you need to be clear about your own
attitudes toward life and work. For example, a positive attitude about work defines who you
are and may turn you toward a career that provides the opportunity to engage in a driving
passion but would not interest someone for whom work is simply a necessary evil to provide
income and stability.
One of the most helpful tasks you can undertake to understand yourself is to create an
exhaustive and objective list of your skills. Next, inventory your achievements. In both cases,
even the smallest achievements or most minor skills may be important in helping you
understand what you can do and what you might like to do.
This requires a critical look at what you have learned in life--whether academic or practical
knowledge gained from your work or other elements within your life. Beyond that, it is
important to understand how you learn. For some, the best learning occurs when they interact
with other people. For others, the written word provides the information needed to gain a skill
or to understand a process.
Values :
Most importantly, you should understand what you value most. This requires a rigorously
honest evaluation of those things, persons, or experiences that you treasure and that you
would give up only with great difficulty.
Interests :
Inventory your interests. They should not be limited to personal pleasures outside of your
work experience but should include interests from all aspects of your life.
Entrepreneurism :
Finally, evaluate how much risk you are willing to take. Those for whom risk poses little or
no problem will be able to consider avenues that those who are more risk averse would never
consider entering. This determination is one of the most important in establishing a long-term
career path.
Occupational Research :
Once you understand yourself, the next step is to investigate what options are available. A
successful career plan makes this investigation as comprehensive and exhaustive as possible.
Careful attention to each of the dements below can prevent false starts.
Information Search:
For RIM professionals and those interested in the field, ARMA International's Records and
Information Management Core Competencies provides an excellent outline of the skills and
abilities required to be successful in RIM from an entry-level position though executive
management.
Information Interview:
Once you have narrowed your research for a specific career, talk to someone involved in that
career about its elements, time demands, needed skills, and responsibilities. Such first-hand
experience can be invaluable in determining whether the career is truly appropriate for you.
Job Shadow :
Another approach, though possibly more difficult to arrange, is to locate someone who will
allow you to accompany him or her on the job for a day or two. This job shadowing model
can provide a substantially different perspective on a career than what might be gained
through simply reading about it or interviewing someone about their experience.
Hands-on Experience :
If possible, work at the job--even as a volunteer--to further deepen your understanding of the
career and what its rewards and challenges might be. In particular, volunteering at a not-for-
profit organization that has a position similar to your career interest may contribute greatly to
your ultimate career choice.
Trend :
Finally, as an integral part of occupational research, you should understand what the trends
are for the careers that interest you. Government statistics and related resources that track the
growth or decline for a wide range of careers are a good source of information and are
available on the Internet (e.g., U.S. Department of Labor Bureau of Labor Statistics at
www.bls.gov/OCO and its Occupational Outlook Quarterly at www.bls.gov/opub/
ooq/ooqhome.htm).
Decision Making :
After understanding yourself and doing research to understand the type of career that might
interest you, make some decisions that may narrow your career choices:
Career Objectives:
The first set of decisions focuses on your longer-term career goals. Do you want to eventually
become part of management? Or do you prefer to remain in a line or staff position and focus
on deeper knowledge in the specialty you have chosen? Again, Records and Information
Management Core Competencies can provide guidance to determine what is required if you
decide on an upwardly mobile RIM career.
Personal Objectives:
The next focus is on what you want for your personal life. In addition to possible
considerations about a family, do you have other passionate interests that you want to have
time to enjoy? Do you enjoy travel and would that element in your career enhance your
personal life?
Community Service :
The intention to contribute time and talent to volunteer organizations may affect your career
choice. For example, if the Special Olympics or Habitat for Humanity are organizations that
you respect, you may want to choose a career where those organizations are supported by
your employer.
Lifelong Learning:
Finally, you need to decide whether you are dedicated to lifelong learning in your career or
whether you desire to learn the skills necessary to accomplish your job and then focus on
personal interests.
As a RIM professional, one goal may be to attain the Certified Records Manager (CRM)
designation. To maintain the CRM, a RIM professional commits to an ongoing program of
education. The knowledge and experience required to pass the examinations that lead to the
CRM are substantially congruent with the RIM competencies. Together, the CRM study
outline and the competencies provide a clear path for continuous learning.
Employment Contacts :
If you have done your homework properly, you are ready to move toward your new career.
This step, as the others above, should be approached in a structured fashion.
Job Search/Networking :
The first and most obvious step is to identify where the jobs actually are. Again, the Internet
has numerous sites where job opportunities are listed (e.g., ARMA International's "Career
Link" at www.arma.org/careers and the Institute of Certified Records Manager's "Career
Opportunities" at www.icrm.org.
This strategy, however, is only one of many. Conscientious and dedicated networking with
individuals either working in or related to the target industry or service can be a very fruitful
avenue for uncovering specific job opportunities. Most effective is personal contact within an
organization that can result in an invitation for an interview.
The resume should provide a clear, straightforward, and honest outline of overall career
objectives, past experience, education, and achievements. Often helpful are letters of
reference that provide an outside verification of your capabilities, skills, and achievements.
The resume and letters of reference need to be customized to the specific organization where
you have a good chance of securing an interview--blanket distribution of resumes by e-mail
or postal mail is seldom effective.
Job Interviews :
The interview is the culmination of the job search process. Each interview should be
approached carefully. Research the organization so your comments during the interview are
relevant and demonstrate a real interest in the organization. In addition, try to understand in
advance what the actual interview process will be (e.g., single face-to-face interviews, group
discussion, multiple visits).
Again, the Internet is an excellent source of tips on how to prepare for an interview (e.g.,
www.collegegrad.com/jobsearch/Mastering-the-Interview).
Work :
Offers/Acceptance
The job offer and acceptance completes the first major milestone in the career planning
process. However, if the job offer does not match your long-term career plan, then seriously
evaluate the offer and decide whether it would be better to wait for a job offer that truly
provides an initial step along a career path. Those who have achieved the CRM designation
will find that both the overall responsibility and salary level of the positions they are offered
are higher than the average.
Work Success/Failure :
Once on the job, the career planning process is not over. Throughout your current job, you
must be constantly evaluating your successes and failures in relation to your desired career
path. You must use each of these experiences as an opportunity for growth to prepare
yourself for the next step along that path. Referring to Records and Information Management
Core Competencies and taking advantage of ARMA's online RIM self-assessment tool at
www.arma.org/competencies can assist in identifying areas for self-improvement and
resources to help you strengthen your performance and broaden your career options.
Bill was fascinated by computers at an early age--how they worked, how he could manipulate
programs, and most of all, how he could make them easier for others. At the age of 17, he
designed and sold his first computer program, a time tabling system, for $4,200. After this
first taste of the computer business, Bill was careful to blend his computer skills with smart
money management from there on out.
Not one to quit while ahead, Gates and friend Paul Allen went on to co-write the first
computer language program for a PC, establishing Microsoft Corporation in 1975. What
came next was the result of intuition and acute business management ability. Understanding
the need for affordable personal computers, Gates and Allan signed the historic contract that
made Microsoft the primary operating system to all IBM compatible PCs. By 1985,
Microsoft had $140 million in revenue.
Where Is Bill Today?
Bill is now the subject of bizarre fiscal calculations, such as his estimated earnings of $250
per second. His success is attributed to the fact that he capitalized and managed operating
software and took risks that paid off all along the way. But Bill hasn't kept his fortune to
himself. Along with being the world's wealthiest businessman, Gates is also considered one
of the most generous, having given more to charity than anyone else in the United States.
Whether it's one nerd's revenge or simple, cunning business administration, Bill Gates' legacy
remains immeasurable.
Fast Facts:
Name: William Henry Gates III
Born: October 28th, 1955 Seattle, WA
Currently Resides: Medina, WA
Education: Harvard dropout
First Dollar: Sold first computer program at age 17 for $4,200
First Job: Founder of Lakeside Programming Group 1968
Current Job: Founder and Chairman of Microsoft Corporation 1975-
Net worth: Over $100 billion
Career planning is a process and is always ongoing and often runs in cycles. When
anyone desire to change in his career, the process can be repeated many times. In planning
the career, try to find the people who can be mentors for you and assist you along the
way. Career planning is no different than any goal setting and planning. The difference is
that you are specifically separating the career and job goals from all other goals anyone
may have. The reason most people do not turn their wishes and dreams into reality is
because they don’t take these wishes and dreams and make them goals. A goal is a dream
with a deadline. The successful people set goals; they plan and follow the plan. Goal
setting is a process and a learned skill with many parts to it. Simple, short-term goals may
be done in your head, but more complex, long-term goals, should be written, evaluated
and monitored frequently. The longer it takes to achieve your goal, the more you will
encounter problems, changes and frustration.
Successful Entrepreneur Tips
1. Research career information. A small investment of the time will help anyone make an
informed career choice that could pay dividends throughout anyone’s life. There are hundreds
of occupations, so choosing and planning a career is a lot more complex than it may appear.
2. Planning the career. Seek out information about occupations with favorable career
prospects, high earnings, and other attributes that are important to you. Having a solid career
plan can affect your future prospects more than how much education you have.
3. Value your personal interests and abilities. You shouldn't be dissuaded from a career that
interests you just because it's competitive. If your interests and abilities draw you to a field
like acting, journalism, law, piloting, or some other competitive occupation, go for it.
4. Gain experience early. Learning by gaining experience within the commercial world is a
great way to approach a prospective career or to open a business. Internships, part-time jobs,
and volunteer work are some ways to get hands on experience.
5. Having the right attitude. If it is a business that you want to open up yourself then you
must have the right attitude. A business can either make or break depending how much self-
beliefyou have, and your attitude.
6. Be Active! When planning to start anyones new business to when it is starting to mature he
must always stay active. This is the case for both personal and work routines. Do not let
yourself feel too comfortable at any stage, you must always make sure that you have
something to do always.
7. Develop the skills. Take every opportunity to learn new skills. The more anyone upgrade
anyone’s skills, the more likely he and his business will adapt along with it.
RECOMMENDATION & CONCLUSION
Career planning is a challenge for all RIM professionals. In the coming decade, those who
pay attention to the above steps, track their progress, strive for the CRM and other relevant
certifications, and integrate them all deeply into their lives will not only be successful but will
contribute greatly to their companies and institutions and to the RIM profession. In the final
analysis, leaders and careers do not just happen: they are created.
REFERENCE:
Informations about BILL GATES Has collected from the bellowed sources:
Sources:
"Profile: Bill Gates" BBC News, January 26, 2004
(http://news.bbc.co.uk/1/hi/business/3428721.stm)
"The New Bill Gates" By Robert X. Cringely, Nov. 23rd, 2000
(http://www.pbs.org/cingely/pulpit/pulpiit20001123.html)
Bill Gates (http://www.rotten.com/library/bio/business/bill-gates/)
Bill Gates: A Precocious Pioneer (http://www.referenceforbusiness.com/biography/F-
2/Gates-Bill-1955.html)