I believe that gaining this degree is very important, as is further continuation of my higher education to achieve a Masters Degree. I know that acquiring as much theoretical background as I can about core business concepts will be invaluable if I am to achieve all the aspirations I possess for a successful career in international business management. I am also certain that working hard now to achieve the best educational outcomes will pay dividends many times over in the future. Not only will that knowledge help me to succeed in my own business ambitions, but it will also give me greater ability to actively participate and contribute a significant positive influence in the development of my family’s business (which is a construction and development company), progressing it to a new international level. I have consciously focused on my educational objectives but have also realised the importance of gaining practical experience in the workplace. That began when I was 14 years old. I worked on the construction of a house – an experience which reinforced my determination to have a career working with my head, not with my hands. I firmly believe that for any business sector, it is vital to know the business thoroughly, and being directly involved in every kind of operation that the business includes is without doubt an excellent method of acquiring a detailed knowledge of all the business processes. That has given me the added benefit of thereby becoming better equipped to make the best business decisions, and is precisely why I chose to work on the construction of a house. Since then I have worked every summer in different departments of that business, gaining experience and obtaining valuable insights from shadowing qualified professionals.
After I graduated from college in the Ukraine and obtained my diploma, I came to study in England and in due course was offered a place at Essex University on the Business Administration degree program. What I have learned on this degree course has already been of tremendous assistance to me. I have been able to make practical use of the theory about the economic approach to business, marketing, networking, accounting, etc. in my own small business, which is currently two years old. I used start-up capital of $2,000 advanced by my father to purchase two used coffee vending machines. Currently I have progressed and developed the business to having eight brand new Italian coffee machines located at business and shopping centres around my home city in the Ukraine, with three employees working for me. I use the internet as the primary means of communicating with my main employee and to manage financial accounts. I put my theoretical knowledge into practice and try to improve the effectiveness of operations, conducting market analysis to come up with more lucrative trading locations, and to market my product so as to stand out from my competitors. I have proved that I can run a profitable business – largely from a distance – yet spend just a few hours of my time each week to manage it. There is no doubt in my mind that I owe a great deal of my success so far to the expert knowledge obtained from the business course at university. In my opinion the main key to a successful business lies in the detail. A key factor is to identify the products needed for the market and to focus on what will satisfy that consumer demand. Supply what the customers want at a competitive price, and they will be knocking on your door.
I am an outgoing person and a strong team player, with excellent interpersonal and communication skills. My teamwork skills as well as my high degree of competitiveness were developed over several years as an active tennis player, as well as being a member of the junior national bowling team when I was just 12 years old.
In the short-term I want to prove to my own satisfaction that I'm able to successfully manage small businesses. However, my long-term objective is to become a professional manager and businessman, with the ability to gain a deep insight into a broad range of businesses at an international level, to analyze the market and industry(ies), and in every case to take the correct course of action to achieve healthy business growth and increasing profitability. I am certain that the major business opportunities are linked to increasing globalization.
