Liberty University
BUSI 336
Dr. Doe
08/25/2022
RQ1:
One benefit of an of entrepreneurship that I think would be most important
to me in starting an entrepreneurial startup would have to be the flexibility
that comes with being your own boss. Flexibility in my work schedule is very
important to me as I am a family man and plan to spend a lot of time with
family and doing things I enjoy ultimately leading to a more mentally healthy
life. A recent study from the National Library of Medicine also touches on the
importance of work flexibility and how that relates to our well-being as
individuals.
“Work organization practices, including work flexibility, are changing and can
affect worker well-being. Common work flexibility types include working at
home, taking time off when needed, and changing one’s work schedule.
Given the changes in and the importance of work flexibility, the study
assesses its prevalence and association with worker well-being in the United
States. We used 2002–2018 General Social Survey—Quality of Worklife (GSS-
QWL) data, descriptive statistics, and regression analyses to assess the
reported likelihood of job stress, job satisfaction, healthy days, and days with
activity limitations among workers reporting work flexibility. The prevalence
of work flexibility remained relatively stable during the period examined.
Working at home increased the likelihood of job stress by 22% and job
satisfaction by 65%. Taking time off decreased the likelihood of job stress by
56% and days with activity limitations by 24%, and more than doubled the
likelihood of job satisfaction. Changing one’s schedule decreased the
likelihood of job stress by 20% and increased the likelihood of job satisfaction
by 62%. This study used all the available data from GSS-QWL and
demonstrated the ongoing importance of work flexibility for well-being.”
RQ2:
The most significant challenge I think I would face in starting my own
business would probably be creating or finding a demand for the product
that I am passionate about. Unfortunately, this is the reason many
entrepreneurs fail, due to a lack of demand for the product that the
entrepreneur originally thought was a great idea. This article by Science and
Public Policy highlights this issue and explains the importance of having
demand for products. “All consideration about the importance of demand for
innovation requires highlighting the difference between demands and needs.
Needs are associated with everything human beings require to function well.
As such they are different from wants, which are things people would like to
have”
RQ3:
One way that I could exercise my faith in an entrepreneurial startup is by
using the freedom that being my own boss provides to be a better leader for
my family. As I begin to start a family of my own, I am challenged with the
importance of being a Christian father and leading my family in the right
way. By minimizing time that I would spend working a regular nine to five I
would be able to be more available for my family. 1 Peter 5:2-3 says,
“Shepherd the flock of God that is among you, exercising oversight, not
under compulsion, but willingly, as God would have you; not for shameful
gain, but eagerly; not domineering over those in your charge, but being
examples to the flock.”
References
Ray, T. K., & Pana-Cryan, R. (2021, March 21).Work flexibility and work-
related well-being. International journal of environmental research and public
health. Retrieved August 25, 2022, from
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8004082/
Boon, W., & Edler, J. (2018, February 28).Demand, challenges, and
innovation. making sense of new trends in Innovation Policy. OUP Academic.
Retrieved August 25, 2022, from
https://academic.oup.com/spp/article/45/4/435/4915393
1 peter 5:2-3 NIV - - bible gateway. (n.d.). Retrieved August 25, 2022, from
https://www.biblegateway.com/passage/?search=1%2BPeter%2B5%3A2-
3%2B&version=NIV
