SOLUTION: Harvard University Pre Business Application Discussion

Attached. Please let me know if you have any questions or need revisions.Running head: PRE-BUSINESS PLAN1Pre-Business ApplicationNameInstitutional AffiliationPRE-BUSINESS PLAN2IntroductionThere are various building blocks and factors for successful entrepreneurship. Everyentrepreneur should have the right knowledge to be relevant in the hyper-competitive businessenvironment. According to Nuti (2017), five essentials determine an entrepreneur’s success.The first essential is the entrepreneur’s ability to embrace disruption. In some situations, anentrepreneur cannot afford to sit back and wait for a suitable time or their turn; instead, theyhave to move quickly to ensure that their business survives. Another essential involvesbecoming a team player on a diverse team (Nuti, 2017). An individual’s chances to accomplishthe complex aspects of their business when working alone are lower than when they do it as afocused team. Nuti argues that business “requires unselfish business participation,collaboration, and an in-depth choreography.” Business competency requires diversity anddisruptive opinion. Also, when working with a diverse team, an entrepreneur must adopt thehorizontal structures that inspire the team members’ working together. Another essential isdefining the start-up’s vision. The vision should be a pointer to long-term goals. Theentrepreneur must understand their intended destination and the possible barriers. Otheressentials are daily training and having fun.Reflection on my Interest in BusinessI am pass…

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