1. Documentary Video Reflection
Documentary Video 1. For survival: scarcity or ingenuity?
The water in Israel is scarce. Water is a basic need, and the scarcity of it poses a
great challenge for Israelis. However, the Israelis did not quit. They think
internally. Rather than letting the scarce environment control them, they made
use of what was available to them and invented technology that could support
the water system of the country, which they now export to other countries as
well. Simcha Blass has an imaginative and creative mind. When he came up with
drip irrigation, he made it possible for farmers to grow crops on arid land. The
farmers are risk-takers. They moved from the city to a land with high salinity, but
now their hard work has paid off and the company they started, Netafim,
continues to thrive in the modern world.
Documentary Video 2. Turning Wild Imagination to a Reality
Elon Musk is a risk-taker. Starting a start-up includes a significant degree of
uncertainty and risk. He is an inventor. He wants to create something that would
have a major influence, and it seems to me that the financial sector had not seen
a lot of innovation on the Internet and money, which is how he established
PayPal. Entrepreneurs think of giving meaning. Energy was just one element of a
much greater goal; Musk had a more ambitious plan for a sustainable future. He
had this concept that he wanted to make electric automobiles to assist humanity
get off fossil fuels, and so he developed Tesla.
Documentary Video 3. From Failure to Success: Learn and Grow
Jeff Bezos is resilient. It is a well-known fact that there is no such thing as success
without failure. Success is the capacity to bounce back from failure to failure
without losing even a glimmer of enthusiasm. Jeff advised making enough
mistakes. Don't worry if you fall. You stand up when you fall. Mistakes are a
wonderful revenue for you. He is an optimist. He didn’t settle on the negativity
and complaints, but instead made use of the complaints of the people to develop
his business. Jeff has a vision. The opportunity always lies where people
complain. Think about how you can make things different.
Documentary Video 4. Innovation for Competition
There is safety in being an employee. In business, you must take a risk, and that
is what Fritz Capulong did. He thinks incessantly. He didn’t settle for what was
available, but instead he found an opportunity in the market and grabbed it. He
thinks of value-adding. He cooperated with an organization and improved and
developed a formulation that is acceptable in the market. He didn’t just go out
and start a business. He did market research first. He calculated the cost,
evaluated if there were customers, and asked for feedback. He made some
preparations before jumping into his business.
Video Documentary 5: From rugs to riches
Aling Trining is a garbage collector. Unlike other people, she found value in that
garbage. Every person or resource they meet is a potential source for new or
innovative creation. She taught about buying and selling that garbage, even with
only a smidge of profit. Even with a one-peso profit margin, with the speed they
collected and sold the garbage, the business grew exponentially.
Video Documentary 6: Health to Wealth!
Entrepreneurs always desire to give the world a better place to live. KA Rey
Herrera was diagnosed with cancer and survived it by eating healthy plants. To
share how he survived cancer, he created a product that can assist others who
have gone through the same ordeal. He found an opportunity in his sickness to
break through the market. He can make money while also helping other people.
Video Documentary 7: The Mogul of Southeast Asia
Henry Sy is always on the hunt for a possible business venture that can be
created. When he found one, with calculated risks, he pursued it. Entrepreneurs
think through actions.
Video Documentary 8: The Man Behind the Famous Bee (Jollibee)
(Video Unavailable)
2. 2. Yes, these videos will prove beneficial to me, particularly as a future
accountant. These documentaries inspired me to launch my own business.
As a person, I am constantly fearful of failure, yet as Jeff Bezos stated,
there is profit in failure. You take a lesson from those failures and use it to
improve your business. Fritz Capulong taught me not to constantly rely on
the security of employment. You may be your own boss.
3. I believe this is because Filipinos have developed behaviors that hinder
business growth. Being the first to seize an opportunity is critical for
business; Filipino time, which promotes tardiness, prevents Filipinos
from seizing possibilities because they have been snatched up by
someone else. Filipinos have a Maana Habit, or a do-it-tomorrow mindset.
Entrepreneurs thinks in action; when presented with an opportunity, they
should seize it quickly, as business does not wait for anyone. You should
conduct market research immediately and obtain knowledge that will aid
you in your business venture.
4. 4. Without capital, conducting business is difficult. I'll begin as an
employee to conserve capital and develop expertise. As Jeff Bezos stated
before reaching the age of 30, you can go to a company and learn
processing as if you were a component of a large machine. Acquire and
adapt those processes that you believe are advantageous and eliminate
those that are not. Following that, I intend to establish my own business.