Marketing can be a great tool for any business but especially for an entrepreneur. They can make or break their products there. A big business can get away with marketing a little bit based of their brands. An entrepreneur has to really give it a 100 percent in order to really get their product out there because they are not well known and it takes more for them to get their brand recognized. This means marketing and advertising their brand and product is very vital to their business.

I learned today that as an entrepreneur you need to worry big time about the financials of your given project or business. Because with out those you will most likely not get any help from an investor without their help your business will not run. If you aren't on top of your financials there is no way an investor will think you are responsible enough run a business none the less handle their money the right way.

Business experience

We had to create a business  for our class and we created a delivery business in which we would take your order and go get it for you at a minimal fee of 5 dollars. We marketed many different ways, through different social media sites and through school emails. It was a great experience even though, we only had two customers. I feel we went wrong in the timing department as well as not being fully prepared for it. All in all, it was a great overall experience.

Business Plans Implrtance

Today I learned that business plans are very important for your success in entrepreneurship. Without it you're less likely to get an investor or getting a loan from any one. Most investors want to see your plan for your business, like how you intend to make money and how you intend to pay them back or what you plan on doing with you company. A business plan will give the investors an idea of. What kind of company you are running and if it will be worth their time and money to invest in you and your company. If you are going in the wrong direction they will simply tell you no and go on their merry way.