Feedback to David Darbyshire’s Business Story

Subject: Marketing Law

Paper Model: APA

Paper Type: Annotated Bibliography

Total Words: 647

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Feedback to David Darbyshire’s Business Story
 


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1Feedback to David Darbyshire’s Business Story

This is a motivational story that revolves around the struggle of an entrepreneur’s career from the beginning towards the success. In this story David has talked about the challenges which he had to face and the risks which he had taken before starting his business. Further he shared that it is not necessary that embrace success from the very starting time of your business but it is important to understand that every stage of engagement with your helps you to learn new things with every new days.  

David’s story gives great motivations to the entrepreneurs as he has proved that a business could be started from nothing and with entrepreneur skills, a business that is started from zero can be grow up to the heights of success.

One of the most important messages that David has given through this story is that there is no short cut for the success. He said that a good entrepreneur is not the one who got an idea and implement it without considering the risks associated. He said that the first stage to start a new business is to develop a new idea. According to David’s story I have learned that before starting your business you need to analyze the things and factors associated with your business. On the base of the analyses the already designed business idea is edited through things that are resulted in the analyses.

Further, he shared a very motivational idea that entrepreneurship is not all about to embrace success in the meaning of business progress. According to him, entrepreneurship is process of learning new things. Entrepreneurship is an experimental process that required you to take risks. However to take risks does not mean to entirely depend on your fate but it is the risk that you take after making all the required analyses and after using all your experience and knowledge. In this aspect, it is to understand that the research provides the platform to the entrepreneurs to build a build of business.

I have also agree with the fact that David has shared i.e. to start a business mean that you are going to take risk because even in the most dynamic industries, there is always a risk of failure exists. Therefore, when you start a business you should keep in your mind that you are also going to take a risk a well. In this prospect if you face any failure in practicing your business, it does mean that your business has failed. Actually this failure provides you a chance to improve your business practices by learning new things.

In the support of aforementioned concept, David shared his own experience that at the start of his project he had to face challenges but instead of letting down his moral he got an opportunity to improve his product. On the base of it, he improved his product and then come introduced his product into the market with all the required amendment according to the market requirement that helped him to embrace success.

I agree with the concept that in entrepreneurship, success and struggle are not ended even after reaching the business at heights of success. In this aspect, he said that at every stage of business, entrepreneur keeps his relation with research and development that let him to not merely improve his business but to keep it according to the market requirement.

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