Entrepreneur - 1348 Words

Entrepreneur Interview Essay Considering any business, people imagine rich, prosperous, initiative and resourceful entrepreneurs, who successfully started and developed their own company. Today’s interview deals with spa business. Chief Manager of an International A.B.C. Spa company will help us to understand the system of spa business and its profitability. A.B.C Spa cooperates with world leaders and professionals in this sphere. It efficiently provides qualified service for clients. Our interview will help to learn more about spa business on the example of a small A.B.C. Spa branch in America. _________________________________________________________ We Can Write Custom Essays on Entrepreneur Interview for You!†¦show more content†¦6. How large a part does creativity play in your business? Creative work, innovations and initiative ideas are of great importance, especially for spa business. Nowadays more and more people get involved in this sphere. It creates high competition. That’s why it’s necessary to have unique approach not to be like others. New equipment and professional staff are always valuable. 7. Are your rewards tangible? Intangible? Rewards depend on procedure costs and expenses. We provide service for about 200 steady clients, which means 10-15 thousand dollars of steady income. Average client spends 200-300$ for one therapy. Cosmetics trade brings additional profit of 2,000$ per month. I think that our rewards became more or less tangible within 2 years of hard work. 8. What was your best marketing technique? We tried to create a saloon which would satisfy clients and personnel as well. Club system for steady clients and high discounts contributed to our success. People often ask how we managed to gain prestige and image in such a short period of time. In this case advertising should be taken into account. Efficient ways to attract audience were probably our best technique. We offered our service through mail, Internet, invitations, publications in local press and even on TV. What really matters is a clever combination of all these methods. 9. What portion of gross sales do you spend on advertising? About 20,000$. We’ve been usingShow MoreRelatedBecoming An Entrepreneur As A Entrepreneur1926 Words   |  8 Pagesto pursue in the future is to become an entrepreneur, so while I’m at UPEI, I plan to specialize in entrepreneurship. According to its definition, an entrepreneur is someone who â€Å"organizes, manages, and assumes the risks of a business or enterprise† . So specializing in entrepreneurship is where I would learn to the skills that would help me in the future. 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Before I moveRead MoreProfile of an Entrepreneur1384 Words   |  6 PagesName: Roderick Smart ID#: 92058153 Course Title: New Ventures and Entrepreneurship Course Code: SBCO 6190 Lecturer: Dr. K’adamawe K’Nife Topic: Profile of an Entrepreneur Profile of an Entrepreneur Entrepreneur Mr. Earl Martin CEO and founder of Island Products Manufacturers Start Date 1992 Industry Manufacturing of Chemical Products Innovation Sale of household cleaners in bulk quantities Background Mr. Martin started his company island products Manufacturers in 1992Read MoreCharacteristics of Successful Entrepreneurs1015 Words   |  5 PagesCharacteristics of successful entrepreneurs An entrepreneur is someone with the capacity to lead a business to success and is willing to take the risks in order to accomplish their goals. (Dollonger, 2002). Starting a new business is an example of entrepreneurship. 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