In the
Final Project: Business Plan course, I had the opportunity to review various
types of funding ideas and resources for entrepreneurs. The one great thing
about building a company with a true sense of passion is the ability to spread
those positive emotions to others. If the foundation of one’s organization is
strong enough, the attention of potential investors can be captured leaving great opportunity to gain the necessary funding to help take a company to the
next level. Not only that, but an experienced investor can also help guide the
future of the company. The bottom line is that an investor who believes in your
company will benefit from its success. The investor may also notice the great
potential a small business has in creating jobs in a down economy. “Small
businesses drive the U.S. economy and generate quality jobs in communities
across the country” (Ofn.org, n.d.). Therefore, it is necessary to be prepared,
which can be done with the assistance of a well-developed business plan.
The
website resources researched in this course gave great information on leadership programs, small business
mentors, and youth empowerment initiatives. The best thing about this
course and the resources given is learning the reasons why people help others.
For the most part, it all revolves around the act of giving. Through this
entire program the concept of giving to others seems to be the optimal way to
find success and reap great benefits in the future. Not only does the process
of giving open the door to a multitude of opportunities for small businesses,
but it also enables an investor to grow the economy around them. As documented
on www.eda.gov, the U.S. Economic Development Administration states that its
mission is to lead the federal economic development agenda by promoting
innovation and competitiveness, preparing American regions for growth and
success in the worldwide economy.
Kedrick “Rick” Mahoney
References
Eda.gov,.
About the EDA | U.S. Economic Development Administration. Retrieved 7 December
2014, from http://www.eda.gov/about/index.htm
Ofn.org,.
Small Business Financing Initiative. Retrieved 7 December 2014, from
http://ofn.org/small-business-financing-initiative
