Business Planning and Development Essay Example | Topics and Well Written Essays - 1000 words

Business Planning and culture - Essay Example106). Personal Mission Statement Going by my current attitude towards caterpillar treadership, my perpetration is to develop the abilities and skills like patience, positivity, perseverance, communication skills and cultural literacy, which I already hold and which can further be refined and polished that will lease me to set an example before the people and teams I lead so as to steer my business towards the acquisition of advantage, profitability and sustainability. I already do possess much strength that will help me emerge to be as an astute business draw. I have refined communication skills and an immense ability for listening to others (Glaser 2007, p. 236). I have a mess the pursuance of which I believe will lead to a viable and profitable business success (Koestenbaum 2002, p. 188). I possess a reasonable measure of cultural literacy and hence I am easy leading teams comprising of individuals hailing from diverse backgroun ds. I am affiliated to a participative or democratic style of lead and I believe in seeking inputs from my team members regarding the incumbent business problems and challenges, before I beat back the final decision (Miner 2002, p. 279). In addition I believe in being a transformational leader who believes in retaining a high level of communication with varied team members, so as to encumber them motivated and to fulfill high levels of productivity and profitability through with(predicate) maintaining a high visibility and through appropriate and deft communication (Riggio, Murphy & Pirozzolo 2002). Over the next six months I intend to achieve a firm grounding in the theoretical aspects of business and I withal intend to murder the salient skills that will help me emerge to be a successful entrepreneur in the quantify to come. I believe that gaining a firm grounding in the theoretical and skill aspects of business goes a long way in assuring business and entrepreneurial succ ess. In the pursuant 2 to 3 years I intend to persist as a management professional in most reputed and big firm. This will not only refine my business acumen and skills, but will also allow me to have a firsthand experience in the actual running and management of a viable business. After that I intend to use my savings to launch a corporation of my own. I believe that financial independence is the real measure of the amount of freedom that an individual affords (Fletcher 2006). To be a success, it is important to engage in work that one loves to do. However, not all aspects of an individuals work tend to be interesting. Thereby, gaining financial independence will give to me the freedom to engage in things that I do of my own volition and am not forced to do or that I moldiness do. Over the years I intend to build a personal investment funds portfolio that will allow me to gain financial independence at the earliest (Kiyosaki 2009). In that context, my annual budget, once I run l ow on my course to achieve financial independence will be somewhat like this Expenses and Liabilities Utilities, Mortgage, material Property Taxes, Insurance, Maintenance GB Pounds 14,000 GB Pounds Assets Income from Business, Stocks, Bonds, Mutual Funds , Income Generating Real Estate, Notes (IOUs), Royalties from Intellectual Property entire Annual Income 75000-14000= 75,000 61,000 (Reinvested) To gain financial independence I intend to configure a diversified investment portfolio rather than putting all my eggs in one basket (Kiyosaki 2009). My primary financial prey for the next decade will be to cut