Entrepreneurs must often make decisions in highly uncertain environments where the stakes are high, time pressures are immense, and there is considerable emotional investment (Robert D. Hisrich, Michael P. Peters, Dean A. Shepherd, 2013). The Entrepreneurs book have reflected on many different great stories on how many entrepreneurial started. Each entrepreneur explains his or her story in front of the author very straight forward. All developpe their own secret to success by hiring the right people. They all demonstrate passion in what they love, hard work, continuous leaning, and trust on themselves. I will be talking about two remarkable entrepreneurs who found success where it was least expected. They are Scott Marincek and Tim Blankenship.
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After seeing the cleaning product the company, he was work for was selling which was bad for the customer and bad for the environment. He had an idea why not make a product that is environmentally friendly cleaning solvent. After being rejected by his boss, he said that he would never make it in this business because he was to honest and too nice. Scott decide to make his own product. By starting from his mother kitchen and destroy her blender. After mixing the wrong product and exploding an all over the kitchen. He told his mon that he was going to solve all the world’s problem when his mon asked about what was the purpose. This how he come up with the business name SOLV-ALL. When he finally found the right ingredient, he raised capital by maxed all his credit card to start his company. Scott grew his company to over $100 million in revenue. SOLV-ALL is a super liquid solvent detergent concentration designed for heavy and extremely heavy soil classification; ideal for athletic apparel, especially football uniform and many other products like sealfix who can grab to all material (SOlvall, 2017). He found the secret to success in his employees. It is important to hired a good team. Scott Marincek is now president at SERVUS Facility Services by U.S. Veterans (Marlow, …show more content…
As a business owner management skill, experience, technical skill and financial knowledge and vision to grow successfully. Mind-set it is important when starting a business, one need to keep an open minded. Although it is important to go about a business based on what one passionate about; sometime other opportunity present itself unaware. Finances is a major factor in it come to starting a business this factor determine type of franchise and what is affordable. People Skills, management skill is crucial to business success because it might come to oversee managers in case of multiple location one need to be comfortable enough to delegate the task and control of day to day operation. Time is a major factor. It is important to have time to be flexible to operate the business and maintain work life balance of your choice. One stands much chance if the idea, skill, interest, and motivation work hand on hand (Wilds,
After seeing the cleaning product the company, he was work for was selling which was bad for the customer and bad for the environment. He had an idea why not make a product that is environmentally friendly cleaning solvent. After being rejected by his boss, he said that he would never make it in this business because he was to honest and too nice. Scott decide to make his own product. By starting from his mother kitchen and destroy her blender. After mixing the wrong product and exploding an all over the kitchen. He told his mon that he was going to solve all the world’s problem when his mon asked about what was the purpose. This how he come up with the business name SOLV-ALL. When he finally found the right ingredient, he raised capital by maxed all his credit card to start his company. Scott grew his company to over $100 million in revenue. SOLV-ALL is a super liquid solvent detergent concentration designed for heavy and extremely heavy soil classification; ideal for athletic apparel, especially football uniform and many other products like sealfix who can grab to all material (SOlvall, 2017). He found the secret to success in his employees. It is important to hired a good team. Scott Marincek is now president at SERVUS Facility Services by U.S. Veterans (Marlow, …show more content…
As a business owner management skill, experience, technical skill and financial knowledge and vision to grow successfully. Mind-set it is important when starting a business, one need to keep an open minded. Although it is important to go about a business based on what one passionate about; sometime other opportunity present itself unaware. Finances is a major factor in it come to starting a business this factor determine type of franchise and what is affordable. People Skills, management skill is crucial to business success because it might come to oversee managers in case of multiple location one need to be comfortable enough to delegate the task and control of day to day operation. Time is a major factor. It is important to have time to be flexible to operate the business and maintain work life balance of your choice. One stands much chance if the idea, skill, interest, and motivation work hand on hand (Wilds,