Describe a businessman you admire (Part 2/3)

Speaking Part 2

Describe a businessman you admire

You should say

• Who is this person?

• How do you know this person?

• What kind of business does this person do?

• Why do you admire this person?

Sample Answer:

Often, I find myself inclined toward biographies of successful business personalities from across the world as they, I believe, could be the best teachers. They allow us to learn a lot from their real experiences.

Lately, I came across an article about how a barber turned into a businessman and now has a worth of billions altogether. Post reading the article, I was extremely fascinated by his sheer hard work and destiny. And now, I admire him the most. Commencing his journey with a humble beginning, Ramesh ended up losing both of his parents at a young age, resulting in the inability to attend school.

To survive in this cut-throat world, he began working as a barber and gave haircuts at Rs. 2. However, nothing could overshadow his intelligence and wittiness. Thus, after saving from his barber’s work, he bought a second-hand car and began a car rental business. Despite upgrading his venture, he didn’t cease to give haircuts. Gradually and steadily, his car rental business grew profoundly, making him the billionaire that he is today. In his fleet, he owns hundreds of cars, including Rolls-Royce and Maserati.

I admire Ramesh Babu because despite living a king-sized life, he contributes heavily to society. His benefaction has made him a true legend. I am following him religiously on social media channels, especially Twitter, where he consistently shares innovative ideas and motivates the younger generation to follow their dreams.

Just like many in the queue, I wish to become as successful as Mr. Ramesh Babu someday.

Vocabulary

• Inclined
  Meaning: wanting to behave in a specific manner
  Eg: I am familiar with the benefits of Ayurveda, so I am inclined towards it.
• Fascinated
  Meaning: to interest or attract somebody
  Eg: Indian culture has always fascinated me.
• Sheer
  Meaning: used to emphasize
  Eg: To drink and drive is sheer stupidity.
• Commencing
  Meaning: Beginning
  Eg: I am commencing my new business next month.
• Benefaction
  Meaning: a donation
  Eg: Mr. Ratan Tata is highly praised for his benefaction.

Speaking Part 3

1. What do you think should be the retirement age for men and women?
   As per my opinion, the retirement age should be more according to the profession than gender. In such professions that require physical fitness as a pivotal part, the retirement age should be lower, while for office jobs, the age could be higher. In general, an ideal retirement age should be 60 – 65 years.
2. What qualities do people need to run their own business?
   I believe that the prime quality everybody should be adept at is financial management. Ultimately, the success of any business is based on the amount of profit it is making and how excess money is being used. Besides, people must also have leadership skills ingrained in them as they would have to delegate responsibilities.
3. What do you think are the key factors that contribute to the success of a business?
   I believe there are many factors that ascertain the success of a business. Also, the importance of these factors varies as per the business type. For instance, to run a successful restaurant, good location, quality service, and delicious food are more vital than anything else. Overall, I’d say that providing quality products and fulfilling the demand can make any business successful.
4. If you had the opportunity to open your own business, what would it be and why?
   Just like everybody else, I am somehow fascinated by the idea of running my own business as well. So, if I get a chance, I would love to start a clothing store. I love fashion, and I stay updated with everything in vogue. So, it would be more of a passion than just a mere business for me.
5. Is it better to start a business alone or as a team?
   Well, it would be beneficial to begin the business as a team. This way, you can brainstorm better and develop plenty of ideas to double the financial capital. If you start alone, seeking advice from others becomes a tough task. Hence, you may find it strenuous to make decisions and take risks. Having a partner always helps divide the workload; thus, preventing burnout.

Vocabulary

• Pivotal
  Meaning: important
  Eg: It is pivotal to express yourself to save relationships.
• Prime
  Meaning: main
  Eg: I am a prime candidate for the captain’s position.
• Ascertain
  Meaning: to determine something
  Eg: I am ascertaining my option from the given list.
• Fascinated
  Meaning: attracted
  Eg: I am fascinated by the idea of becoming my own boss.
• Strenuous
  Meaning: something that uses a lot of energy
  Eg: I find completing my to-do list quite strenuous.