Angelo A M Gomperts
International Creative Business
All Areas
Class 1F
Year 2020/2021
633412
Inholland University of Applied Sciences The Hague
,TABLE OF CONTENTS
TABLE OF CONTENTS 2
1.1 What are the basic principles of entrepreneurship? 3
1.2 What is corporate social responsibility? 5
1.3 What are the trends and developments related to sustainability in your festival
sector? 8
1.4 What is a socially relevant (or purpose-driven) organization? 10
1.5 What are some pros & cons of being purpose-driven for festivals? 10
2.1 New Purpose 11
2.2 New Partner 12
2.3 Alignment with new purpose 13
2.4 Potential Risks 13
2.5 Informative Poster 14
2.6 Bibliography 15
2
, 1.1 What are the basic principles of entrepreneurship?
HAVE A VISION:
Being an entrepreneur means that you want to bring something into the world, it's not
about making money but it's about bringing something that you know is going to have an
impact on others and enriches the entire globe as well as flourishes it yourself. If an
entrepreneur can transform their vision into reality, then it is known as successful
entrepreneurship.
BUILD SUCCESSFUL TEAMS:
It is essential to pick the right team when it comes to starting a business. Choose someone
who has a similar level of attitude, determination, drive, and mindset as you to help you
run after the goals that are set for the business. Don't involve family members or friends
who have no knowledge or expertise in the business world. Be picky.
BE AWARE OF YOUR IMPACT:
Being aware of your impact is essential. Because that is what is going to help your business
strive and keep being on top of their game. Money of course is important to the business
industry but in terms of ruling a business, take into account two things that are essential;
First sharing with others the capacity for seizing the type of opportunities they enjoyed and
secondly doing something that has an impact on people lives.
ACCOUNTABILITY:
As an entrepreneur is up to you to make your vision into reality. So when you have failed
on doing something, take accountability for it and take this as a learning experience to
better yourself and to gain more knowledge when it comes into the business industry. And
always stay on top of your business and everything that is happening within your business.
BE A SOLUTION PROVIDER:
Being an entrepreneur is not only about making money but it is highly linked with
providing perfect solutions and also adding solutions too. When you work with passion and
3
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