The entrepreneurial pathway in
business is one in which targeted learning takes on a tremendous amount of
significance. Entrepreneurs strike out on their own, often heading into new territory
in business, which involves an ongoing learning process, specific in that it is
targeted learning. In other words, it is oriented towards achieving a specific
goal.
There are three elements in
targeted learning. These are the target, the objective and the goal.
An entrepreneur may seek
to exceed previous targets set by others in business. Perhaps he or she has a different
vision beyond that of the majority, one oriented to the future. With this
vision constantly in mind, he or she determines and establishes appropriate
objectives, with the expectation that they will lead to the goal towards which
he or she strives and will ultimately prove to be fruitful in terms of success
and financial profit.
Targeted learning often
requires many steps, as certain basics are essentials that the entrepreneur
must learn first. For example, a new business entrepreneur must learn computer
basics. He or she may also need a basic understanding of spreadsheets,
bookkeeping and accounting in order to proceed further towards creating
financial objectives oriented to a specific business goal.
Targeted learning varies
depending upon one’s learning curve. In other words, not everyone learns the
same way, the same things or at the same pace. Some learn more easily and can
see past the projects of previous entrepreneurs. (Perhaps they are the ones who
have laid the basics for further entrepreneurial progress and development.) For
example, new technology builds on older technology.
Targeted learning means finding
out how to avoid previous mistakes and pitfalls of others. For example, an
entrepreneur actively engaged in business research, learns the previous errors
others have made in a similar business, as well as how to circumvent or avoid
these types of errors. At times, he or she learns that the previous pathways of
other entrepreneurs have been futile. This may be immediately evident to a new
business entrepreneur.
Targeted learning requires
record keeping with respect to specific times or dates, as well as targets
reached, objectives striven towards and short or long-term goals achieved.
Targeted learning involves
persistence like staying oriented though it may entail brainstorming by a
business-oriented entrepreneur or with a group of employees working under him
or her. Targets, objectives and goals have a specific purpose and learning how
to stay purpose-oriented in spite of problems encountered, issues of concern or
frustration is not always easy.
Targeted learning offers an
ongoing challenge, as well as positive, constructive motivation for an
entrepreneur and others. It may involve specific incentives, reinforcement,
rewards or bonuses, but the accomplishment or achievement of goals alone may
have to suffice.
Entrepreneurs face and suffer
misunderstanding or mockery from others. Rejection may be part of targeted
learning. For example, a new freelancer may go through repeated bouts of
rejection, while he or she strives towards establishing a higher ideal, regardless
of the lack of acceptance of his or her project, an awkward situation or
difficult circumstances. The entrepreneur learns by his or her own mistakes.
When a business goal is worth
achieving, establishing and adhering to learning targets with specific
objectives in mind is essential. The objectives set by an entrepreneur will in
turn lead to success in terms of achieving a goal.
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