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Reflection Paper

Maria discusses her experience implementing a business plan as an entrepreneurship student. She found it challenging but a valuable learning experience, especially in marketing and financial management. Being part of a group of young entrepreneurs allowed them to develop a product idea and gain knowledge from each other's perspectives. The process of making their product, a brittle, from raw materials taught her new skills. A school activity gave them an opportunity to sell their product and handle customers, which helped develop their business and communication skills despite rejections. The whole experience helped bring out her entrepreneurial spirit and provided lifelong lessons.

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Maria Miguel
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133 views2 pages

Reflection Paper

Maria discusses her experience implementing a business plan as an entrepreneurship student. She found it challenging but a valuable learning experience, especially in marketing and financial management. Being part of a group of young entrepreneurs allowed them to develop a product idea and gain knowledge from each other's perspectives. The process of making their product, a brittle, from raw materials taught her new skills. A school activity gave them an opportunity to sell their product and handle customers, which helped develop their business and communication skills despite rejections. The whole experience helped bring out her entrepreneurial spirit and provided lifelong lessons.

Uploaded by

Maria Miguel
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Maria Victoria B.

Miguel
BSE 4A
BMENT 4

My Business Plan Implementation Story

As a student of Entrepreneurship, it was by far one of my interesting experience I’ve ever done.
It is not easy like you read it until you really undergo with it. It was like a testing ground for me
to apply all the knowledge I learnt in my 3 years in college. The learnings guide me all
throughout the process. The marketing and financial management were the major subjects which
put into test in the business.

Hearing successful entrepreneurs’ words always motivate me especially the way they started
their business. But having the experience to own a business motivate me more to do my best and
to do a business model canva. Business model canva for any business will help you be guided in
this business journey as its give you the summary of the plan you have built from the beginning.

Being part of the group of young entrepreneurs was added as an advantage to the business. As
everybody has a good vision and it was an opportunity to see an idea transforming into a product
and becoming reality. Apart from that this experience, I gained more knowledge through sharing
each ideas and business experience. I think each of the group blends well to develop the
business. As one of the important parts of having a business is to learn to work with different
people, with different perspectives. The people around the business will help you through the
success and lack of resources. With the money collected with your group mates, the business will
make out of it.

Making your own product from the scratch is another new experience I gained. I never had this
experience before starting from purchasing raw materials up to the packaging and selling.
Purchasing raw materials was the most crucial for me as pandemic happened all the materials
needed were quite pricey mostly the sugar and pumpkin seed, and it is the main ingredients that
needed to complete our product which is the brittle. However, during the cooking process is the
fun part, as we get to taste the products we cooked and critiquing our products until we get the
best and delicious brittle that ready to be packed and sell. Also, the taste testing is a good
opportunity for us, it helps us to improve the products.

The best part is the activity conducted by the school. The said activity is for us young
entrepreneurs to implement our business where we can show our products in the entire school.
As for us participating in this kind if activity is a big opportunity, it apply what I learn which is
the Personal Entrepreneurial Competencies. Through this , we were be able to handled the
massive buyers, test our skills in communication, giving the best services and products to the
customers, and by the constant rejection of the customers helps us mold into a mush stronger
personality the we shouldn’t take this rejection as a failure but make it a motivation to become
better. Through this activity our business mind has awaken and we decided to keep going and
creates more quality products. It has so much impact for us as we run into so much changes in
that week like changing our product into much more affordable for the student.

This whole lot of experience brought the entrepreneur in me. Apart from the experience I gained
it is also a lesson for me for a lifetime and would like to thank the people who helped me in this
journey. And probably someday I will be one of the future leaders.

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