I Want To Be a Teacher Essay -- Education Teaching Learning School Ess

Why I Want To Be a Teacher Training is one of the most basic belongings throughout everyday life. It is fundamental for progress, and it gives an improved future. I accept that individuals, who don't get training, are clueless with regards to what is happening in their environmental factors. The weakness is that individuals can manhandle you for your absence of information. Individuals should be instructed to discuss successfully with others who may have particular purposes of perspectives than theirs. At the end of the day, training makes you progressively liberal and satisfactory to different thoughts, convictions, and qualities. In the United States, individuals are amazingly fortunate on the grounds that regardless of what their age they generally have the benefit of getting the most ideal instruction. In different nations, kids have pulled back from school at an early age in light of the fact that their folks can't stand to pay for their training. This is exceptionally discouraging in light of the fact th at in the United States incalculable individuals underestimate school and surrender since they are languid. They don't acknowledge what they have and don't esteem instruction. At the point when I was a youngster, my mom would continually remind me about the fact that it was so imperative to have exclusive requirements. My mom is initially from Central America. In her nation, individuals are terrible. She adored school and longed for turning into an attendant. Nonetheless, she needed to leave school to support my grandma, monetarily. She chose to arrive at America and to enrich my siblings and me with the instruction she never had. Therefore, the vast majority of the things I have achieved all through my tutoring are a direct result of my mom. I generally play out my best in all that I would in light of the fact that I like to make her glad. I realize that through me her fantasies are turning into a reality. I plan to ... ...bility over every single one of your understudies. Great quality educators are what society needs so as to make this nation thriving. However, I have heard numerous discussions over what a compelling educator truly is. In spite of the fact that this was threatening, it gave me more assurance to progress in the direction of my objective. Another motivation behind why I respect instructors is on the grounds that in addition to the fact that they facilitate children’s learning they can help their own kids also. I believe that is something amazing. I envision that later on I will have the option to be of help to my kids with their schoolwork and show them how to be dependable residents. Achieving my goal of turning into a teacher will fill me with tremendous fulfillment and pride. I realize that finishing my tutoring will promise me a fruitful future. At exactly that point will I demonstrate that my mother’s penance was not futile.

Buddhist And Christian Ethics Theology

Buddhist And Christian Ethics Theology Buddhism and Christianity are religions with thorough and differentiating moral laws and customs. All through this exposition the moral acts of the two religions will be portrayed in detail, with an investigation of their similitudes and contrasts introduced. Depiction of Buddhist Ethical Practices Seven weeks after Prince Siddhartha Gautama had accomplished illumination while thinking under a bodhi tree, he conveyed his First Sermon to his five previous ascetical sidekicks under that equivalent tree. The substance of that underlying message are knows as the Four Noble Truths, which are basically the establishment of the religion. They are as per the following: (Gwynne 2011, p. 93) 1. Enduring: Now this, priests, is the respectable truth of torment: Birth is enduring, maturing is enduring, infection is enduring, passing is enduring; association with what is disappointing is enduring; partition based on what is satisfying is enduring; not to get what one needs is enduring; in a nutshell, the five totals subject to sticking are languishing. 2. The Source of Suffering: Now this, priests, is the respectable truth of the root of misery: It is the hankering which prompts reestablished presence, joined by joy and desire, looking for amuse to a great extent; that is, longing for arousing joys, wanting for presence, needing for annihilation. 3. The Cessation of Suffering: Now this, priests, is the respectable truth of the suspension of torment: It is the rest of blurring endlessly and end of that equivalent hankering, the surrendering and giving up of it, opportunity from it, and non-dependence on it. 4. The Way to the Cessation of Suffering: Now this, priests, is the honorable truth of the route prompting the suspension of misery: It is this Noble Eightfold Path: that is, correct view, right goal, right discourse, right activity, right employment, right exertion, right care, and right fixation. Like its parent religion Hinduism, Buddhism instructs that a definitive objective of the lives of followers is to break liberated from the wheel of resurrection and achieve nirvana. Where it varies from Hinduism is as opposed to focusing on the significance of commitments identified with standing, sexual orientation and age (varna ashrama dharma), it focuses on the encapsulation of the grand truth that was rediscovered by Prince Siddhartha on his night of edification, which was conferred to his initial supporters in his First Sermon. The quintessence of Buddhist dharma (instead of Hindu dharma) is the Four Noble Truths which, alongside the Buddha himself and the network of disciples (Sangha), make up the Three Jewels of Buddhism. The remainder of the Four Noble Truths, the Noble Eightfold Path, is frequently partitioned into three classifications: 1. Shrewdness (panna) right view and right expectation 2. Contemplation (samdhi) right exertion, right care and right fixation 3. Ethicalness (sila) right discourse, right activity and right work. This class explicitly gives moral guidance to Buddhists, demanding that followers must cease from oppressive, misleading or disruptive words through right discourse; calling buddhists to be commonly honest in their activities; and inferring that specific occupations might be unethical and henceforth unsatisfactory. (Gwynne 2011, pg. 92) Buddhism comes up short on an unmistakable confidence in an incomparable being, bringing about Buddhist ethical quality being founded on the degree with regards to which musings and activities will progress or block ones mission for definite freedom. It did not depend on rules gave by an otherworldly God which are to be obviously trailed by disciples, similar to the case in the Abrahamic religions. Without a God to direct what is acceptable and underhanded, Buddhists allude to specific activities as able (kausalya) or unskillful (akausalya) instead of right or wrong. Buddhist ethical quality depends on contemplations of individual advancement headed straight toward freedom from the wheel of rebirth instead of rehearsing the desire of a perfect God. The foundation of Buddhist moral educating is the Pancasila, the five statutes. They are as per the following: I cease from pulverizing living animals I cease from taking what isn't given I cease from sexual offense I cease from bogus discourse I cease from intoxicants which lead to heedlessness. (Gwynne 2011, p. 94) These statutes give an essential good code to Buddhists, so fundamental that they are frequently presented every day by the people, recited by priests at significant minutes, for example, birth, marriage and demise, and are a well known lesson point. The Pancasila can be deciphered in an assortment of ways. In one sense it gives an essential meaning of goodness or skilfulness in Buddhist confidence, mirroring the temperances of a profoundly propelled individual. In another sense it is comprehended as the five preparing rules (pancasikkha) as they were in some cases alluded to as by the Buddha. In this view the Pancasila can be viewed as a rundown of commonsense rules to morally direct the individual Buddhist toward an increasingly freed condition, instead of a lot of good decrees cast down from the sky by omnipotent God. The Pancasila is for the most part adversely expressed, concentrating on what activities ought to be maintained a strategic distance from instead of empowering highminded activities. In any case, after looking into it further one notification that with each negative, I cease from express, there is a positive expression to propel the disciple to take a stab at higher profound progression, drawing nearer and closer to edification. In this manner the main statute is to forgo executing living creatures, people as well as creature and even vegetation. This thought fits superbly with the wheel of rebirth as inside the Buddhist world view one might be resurrected as other living things. (Gwynne 2011, pg. 95) The subsequent statute precludes burglary, stemming into the over the top want of material items which prompts taking. This decidedly urges followers to be liberal in all parts of life, monetarily as well as in their time and vitality. The third statute debilitates sexual wrongdoing, making it realized that sexual want is such a solid human sense, that it represents a significant danger to ones otherworldly way. It isn't viewed as unskilful for followers to have sexual relations, yet it is realized that chastity is a higher type of otherworldly presence. The fourth statute prohibits any lying or type of misdirection, producing an adoration for truth which is a vital segment of individual edification. At long last, the fifth statute forestalls the utilization of any intoxicant, ingraining on disciples the significance of lucidity of brain, a fundamental quality for Buddhists who are not kidding about their otherworldliness. (Gwynne 2011, pg. 96) Portrayal of Christian Ethical Practices Jesus, when drawn nearer by an instructor of strict law and solicited which from the precepts is generally significant, addressed The most significant rule is this: Hear, O Israel! The Lord our God is the unparalleled Lord. What's more, you should cherish the Lord your God with everything that is in you, your entire existence, all your psyche, and your entire existence. The second is similarly significant: Love your neighbor as yourself. No other decree is more noteworthy than these. (Imprint 12:29-31, NLT) The precept for Jews to cherish the unrivaled God with all their being is found in Deuteronomy, with Leviticus focusing on the significance of adoring ones neighbor. What Jesus said was not progressive, he simply reestablished the moral qualities that are represented in the Jewish Decalogue. A similar table of the Decalogue in its different structures is given beneath (Gwynne 2011, p. 102): Jewish Catholic and Lutheran Universal and Protestant 1. I am the Lord your God who brought you out of the place of subjugation. I am the Lord your God and you will have no different divine beings before me. I am the Lord your God and you will have no different divine beings before me. 2. You will have no different divine beings other than me. You will not abuse the name of the Lord your God. You will not make for yourself any graven picture. 3. You will not abuse the name of the Lord your God. Make sure to keep heavenly the Lords day. You will not abuse the name of the Lord your God. 4. Recollect the Sabbath day and keep it blessed. Respect your dad and mom. Make sure to keep heavenly the Lords day. 5. Respect your dad and your mom. You will not execute. Respect your dad and mom. 6. You will not kill. You will not submit infidelity. You will not execute. 7. You will not submit infidelity. You will not take. You will not submit infidelity. 8. You will not take. You will not manage bogus observer against your neighbor. You will not take. 9. You will not manage bogus observer against your neighbor. You will not pine for your neighbors spouse. You will not manage bogus observer against your neighbor. 10. You will not pine for whatever has a place with your neighbor. You will not pine for your neighbors merchandise. You will not pine for whatever has a place with your neighbor. Jesus himself demystifies any false impressions that may happen in regards to the Christian point of view of the Jewish moral lessons in Matthew 5:17 with Dont misjudge why I have come. I didn't come to annul the law of Moses or the works of the prophets. No, I came to satisfy them. (NLT) Like its parent religion Judaism, the Christian attitude includes a shrewdly structured world wherein people have the chance to live out Gods divine arrangement for them, to have everlasting fellowship with him. Moral conduct is an indispensable segment of this awesome arrangement, being a piece of the last judgment every individual must face. Notwithstanding, as can be seen in different religions, Christianity recognizes that every individual have an intuitive good code paying little heed to their confidence or absence of confidence (Gwynne 2011, pg. 101). This internal profound quality is referenced by St Paul in Romans 2:14-16 When untouchables who have never known about Gods law tail it pretty much by nature, they affirm its reality by their compliance. They show that Gods law isn't something outsider, forced on us from witho

Will Inequality Continue To Rise In The Coming Decades - 3025 Words

Will Inequality Continue To Rise In The Coming Decades (Essay Sample) Content: WILL INEQUALITY CONTINUE TO RISE, OR WILL IT FALL IN THE COMING DECADESStudents nameCourseProfessors nameUniversityCityDateIntroductionInequality is a matter that has become a subject of debate in most developed countries and superpowers in the world. It is a matter that crops up whenever analyst talks about economic growth and development. Inequality is the difference in economic endowment among people or citizens of a nation. Every time economist talk about people living under one dollar a day while others extremely rich, what they intend to explain is inequality among human beings and its effect to the countries welfare and living standards. Recently the president of the most powerful country in the world stated that inequality is the current problem in his nation, a problem which is extremely difficult to solve and it can be solved gradually not immediately. This demonstrates that inequality is a global problem. In the world, it is found that around twenty percent of the people are superrich whereas the other eighty percent consist of middle income earners and majority of the eighty percent living below the poverty line which is universally referred to as living before one dollar a day. This paper will look at the trends in inequality over the years in the United States of America and internationally, this paper will examine the trends in inequality and the patterns over the year with the aim of establishing whether inequality in increasing over the years or it is decreasing. Factors contributing to this economic problem will be examined. The World Bank is one of the institutions which provides data on inequality and provides guidelines on measures to be taken to address this issue. Addressing inequality has become a hurdle to both developed countries for example United States of America and third world developing countries mostly found in Africa.INEQUALITYInequality in a lay mans language can be defined as the difference in many aspects for example size and circumstances. The state of imbalance and variation between two things is also known as inequality. Economists usually define inequality in terms of the income variations among citizens of a nation in different localities. The variations found among individuals or groups in a certain population by the different measures of social and economic well-being is known as economic inequality (Lakner and Milanovic, 2013). It is commonly referred to as the difference or the gap between the rich and the poor in reference to economic endowment and ownership of production resources. Inequality varies among people, times and the economic systems which are different among countries in the world. Lack of equal employment opportunities, good quality of education and access to good developed infrastructure are ingredients of inequality and these limited resources to some sections of the population limit their ability to become productive at their optimum levels thus continue to liv e in abject poverty and in areas characterized with poor sanitation (Lakner and Milanovic, 2013). In the world the distribution of production resources such as land and capital is highly skewed. The few rich are the owners of a big proportion of the resources while the majorities who are poor have nothing or something too little which barely sustain them. Studies by established economists cited that inequality is a big social problem which in the long run hinders economic growth and development of a nation. Inequality discourage people from investing because they have insufficient capital for investment and are only left focusing on getting food to eat inequality is measured by observing factors such as household consumptions, differences in incomes and an individuals income dispersion. We can use instruments such as GINI-COEFFICIENT. A Gini-coefficient is a statistical dispersion measuring the income distribution among citizens of a nation. This coefficient is globally used to meas ure inequality (Korzeniewic and Moran, 2009).CAUSES AND CONSEQUENCES OF INEQUALITYLabor market has been attributed to be the major cause of economic inequality in these modern times. Modern labor markets are driven by wages which is good but there exist imperfect competition among firms in the sense that: information is not easily available to all stakeholders in the market, educational opportunities are not equal among individuals thus resulting to market failure (Lakner and Milanovic, 2013, p.15).in every market there exist challenges which can only be corrected by the government in place. Wages should be driven by the forces of supply and demand which is actually not the case in many markets. For example when a company is making super profits you will find that the firm will not add salaries in the same proportion to its employees thus the owner of the firm will continue being super rich while the economic level of the employees will remain relatively unchanged. In the long-run t he owners of productive resources will continue being rich while the worker will continue being poor thus the wealth gap continues gradually over the years (Thomas, 2016). The interaction between supply and demand usually results to lowering of wages and thus citizens continue to suffer and get little income which only sustains them.Inequality on another hand can encourage people to set up businesses to sustain themselves. This investments result from necessity but not opportunity thus the investment results to minimal technological advancements which would have fostered redistribution of resources (Thomas, 2016). Another cause of inequality in the world is the taxing systems used by governments to collect revenue from its citizens. Income is taxed progressively that is, the taxable base increase as income increases (Lakner and Milanovic, 2013, p.22). When progressive tax is increased it can progressively achieve distribution of resources and wealth across the people. In some countr ies, the rich are taxed at a lower rate as compared to the poor, basic goods are taxed more than luxury good thus contributing to the big gap between the rich and the poor. Economists have cited that policy which was used during the Second World War is responsible for the growing inequality among the Americans (Korzeniewic and Moran, 2009). This policy have limited capital access to low and middle income earners and made it easier for the wealthy to access capital thus resulting to existence of a few superrich and majority middle income citizens. This policy increased by a very big proportion income inequality in the United States of America.Researchers done by Piketty (2014) in the USA cited that the wealth gap which has been steadily on the rises can be brought into check by increasing the access to education among all classes of citizens in America. Education is thus a very important factor which creates inequality in the world. Education is a key determinant which is looked at w hen an individual is seeking an employment position, the more a person in educated the more the individual will be likely to get a higher wage and a secure position of employment with good benefits and allowances which improve the standards of living of the individual and alleviates poverty in his life and family (Piketty, 2014). On the other hand, those with little education are often left with casual jobs for example building, being messengers and providence of labor in farms and ranches as casual laborers. Majority of jobs available to people with little or no education are hard tiresome and have little pay. Some if these jobs are seasonal rendering one unemployed when the season for example harvesting or building is over. The little income is used for consumption and none is left to save or take children to prestigious schools to get quality education. With poor education the children of the poor also end up door casual poor paying jobs and thus the poor remains poor and the cyc le goes on and on increasing the gap between the rich and the poor (Milanovic, 2011) .On the other side, the rich educate their sons and daughters on prestigious institutions with high quality education and training. These educated children often get prime and very highly paying secure jobs thus protecting their future and maintaining their high class living standards. This uneven availability of quality education for all in America has born inequality in the country and the gap goes on and on (Milanovic, 2011). Poor education leads to low wages which in turn result to little or no savings and no investment. The future of the poor children is that not secured. The rich and well educated accrue very high income thus able to save and invest to secure their future of their children and thus as years progress the rich continue to be richer while the poor are left trapped in poverty (Milanovic, 2011). Inequality is often measured by ones income, expenditure and wealth. Education offers one an opportunity to get high income which is used as capital to generate wealth thus increasing expenditure of health, education and investments (Saez and Zucman, 2014). Creation of quality education for all can in a great way bridge the wealth gap between the few rich and the majority poor. It was estimated that if an average worker in the United States was able to be educated one more year, this increase in skills would contributed an additional 105billion dollars in the growth of the united states in a span of five years (Saez and Zucman, 2014).Education in high United States high school between the year1910-1940 was structured in a way that it equipped the learners with skills and competence to work in firms. This reduced price of skilled labor but at the same time fostered economic growth and development thus uplifting the social welfare of the poor and bridging the wealth g...

School Uniforms Should Be A Basic Component Of Every...

As I talk with my daughter whose school utilizes a school uniform policy and I observe other families whose children are not required to wear school uniforms, along with the research I have completed I have come to the conclusion, school uniforms are beneficial and vital to the success of our Public School District. I am not totally against children wearing regular clothes; however, I recognize that there are more advantages of having students wearing school uniforms. Uniforms allow students to focus more on their studies and they create a cultural equal environment which is more beneficial in the long term. Uniforms are an essential and should be a basic component of every school system. School uniforms have scientifically proven benefits to schools and students. For instance, as children and teenagers mature, they begin to form their self identities (Erik Erikson and Self-Identity). For them, the desired to impress others, including peers is very significant. They need to pu rchase specific designer, brand name or an emerging trend of clothing to achieve the support of other peers (Prendergast Wong, 2003) as they try toâ€Å"fit in† with the right clothing choices.. Likewise, having a school uniform policy in place in the school district will help minimize status groups between students. By removing the options for different types of clothing it reduces the non-academic distractions inside the class. It is noted, that students who attend schools that do not requireShow MoreRelatedSchool Uniforms Should Be A Basic Component Of Every School System1299 Words   |  6 Pagestalk with my daughter whose school utilizes a school uniform policy and I observe other families whose children are not required to wear school uniforms, along with the research I have completed I have come to the conclusion, school uniforms are beneficial and vital to the success of our Public School District. I am not totally against children wearing regular clothes; however, I recognize that there are more advantages of having students wearing school uniforms. Uniforms allow students to focusRead MoreSchool Uniform Is Beneficial And Essential For The Success Of A Schoo l District1128 Words   |  5 PagesSchool Uniform is beneficial and vital to the success of a school district. They allow for students to focus on studies and create a cultural environment and more beneficial in the long term. I am not totally against Non Uniform; however, I recognize that there are more advantages of having a school uniform than non-uniform. Uniforms are an essential and should be a basic component of every school system. School uniforms has had scientifically proven benefits to schools and students. For instanceRead MorePrivate Schools Vs. Public Schools998 Words   |  4 Pagesis a key component in our nation. People today might say that private schools are superior to public schools, saying that they are safer and a better environment to learn in. Some might say that a private school is a way of sheltering your child and not letting them experience opportunities and face many problems to learn from. There are many positives and negatives to both sides; it mainly depends on whom you are talking to. Some parents might want their child to go to a private school because theRead MoreHigh School Education in India1546 Words   |  7 PagesEDUCATION SYSTEM IN INDIA- HIGH SCHOOL In India, high school is a grade of education which includes Standards VII to X. Standards XI to XII called as Higher Secondary School or Senior Secondary School or Junior college. Some states refer to Standards IX and X as High School, while XI and XII are termed as Intermediate. Other states refer to VI, VII, VIII, IX and X (grades 6, 7, 8, 9 and 10) as Secondary school and XI and XII (grades 11 and 12) as Senior Secondary School. Usually, students from agesRead MoreImpact Of Voltaires Contribution To Society1584 Words   |  7 Pagescuriosity. Particularly the controversy surrounding him, like the exiling and imprisonment just for publishing some of his views. Unaware of how much Voltaire contributed to the criminal justice systems interworking’s, it quickly became apparent Voltaire was responsible for major changes to the criminal justice system. Voltaire has a huge variety of published works that make finding information on the topic relatively easy. Despite this, it was hard to find much information on how Voltaire specificallyRead More Unequal Education in America: Urban vs Suburban Education Essay2480 Words   |  10 Pagespublic schools continues to grow. 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Pros And Cons Of Single Family Homes - 1436 Words

People prefer single family homes as they are the ideal place to raise a family and live the American dream. As 80 percent of people prefer single family homes, 87 percent consider privacy in owning a single family house and 45 percent say that privacy is a must and a major key point in owning a home. In which the city can’t provide such thing and the suburbs and places around the city do. Choosing to live in the suburbs and not the city is a dream, as it brings more to families than the city like better education in which public schools in cities are not that educational, friendly neighbors where in city everyone is busy and there is no time to be friendly, and in the suburbs it is a safe place for the kids to grow and play around. And†¦show more content†¦As it is a hill side house it offers a deck to an outdoor area. It is a move in ready house for potential buyers that are looking for a house that doesn’t need any minor or major work done to it. the neighbo rhood is 64.1 percent rented, 5.7 percent vacant and and 30.2 percent owned and occupied by the owners. The neighboring houses in the area are majorly owned by people of the age of 35 and the educational index is at it lows as the area doesn’t have a family friendly environment. The work force of the area is majorly blue collar at 70 percent and the rest which is 30 percent is white collar. And the highest crime index is personal robbery. And in North of LA county is Van Nuys, the ad says tit he dream house for an investor. As it is close to a gated private neighborhood park, schools and shopping centers. And it has a private backyard with a lemon tree and greenery, with an attached private garage. The ad also shows each part of the house inside and out. Houses in the neighborhood are owned by people of the age 32. Employment and the work force is majorly blue collar with 68 percent. In South of LA county is Long Beach, the real estate ad is straight forward. Telling the buy er how big the house is, and what’s been recently painted and what is changed around theShow MoreRelatedDifferences Between Foster Care And Adoption1352 Words   |  6 PagesAt John Adams Foster Care Home located in Columbia, SC there was this beautiful infant baby boy name John Thomas Beuler born with cerebral palsy. John was a very small little boy, but had a smile that would have melted your heart. One- day Mr. and Mrs. Tinsdale from Lexington, SC came to visit the John Adams Foster Care Home in Columbia, SC not knowing they was going to fall in love with John Thomas Beuler. After the visit to the Foster Home the Tinsdale are undecided also whether they wish to fosterRead MoreU.s. Health Care System1329 Words   |  6 PagesU.S. Healthcare Policy Shaquita Jefferson MHA 620 Dr. Rhonda C. 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In 1996, 27 percent of United States citizensRead MoreTypes Of Houses : A Small House877 Words   |  4 PagesTypes of Houses Nowadays, buying your own home is the most difficult decision faced by most people. whether buying a house or an apartment, the benefits and the drawbacks seem clear. Some people prefer to live in an apartment, while others think that there are more advantages living in a house. To making any choice, there are probably an equal number of pros and cons. Houses can be classified based on their style to three main types a detached house, a terraced house and an apartment.

The Mind Is Born Tabulasa Rasa free essay sample

However some philsophers believe we are infact born with some innate knowledge. Tabula rasa is the theory that at birth the mind is blank and holds no knowledge, but when you are born you are considered to be the scribe due to experience and ideas. First mention of the idea of tabula rasa in Western society is implied rather than specifically written. Aristotle writes of the mind as a slate upon which nothing has been written, which greatly differs from Plato’s concept of the soul existing prior to arriving on the earth. Thomas Aquinas picks up Aristotle’s tabula rasa theories in the 13th century, but it is not until the 17th century that the words tabula rasa are used by John Locke to express the idea that the mind when it enters the world is nothing and contains nothing. It is merely the blank slate upon which experience begins to â€Å"write† the person. We will write a custom essay sample on The Mind Is Born Tabulasa Rasa or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page As the person matures, he is able to begin to â€Å"write† himself, expressing the freedom of the individual to construct the soul. This freedom may be impaired by the way in which early experiences have shaped the person. John Locke, an English philosopher, set out the principles of empiricism. He advanced the hypothesis that people learn primarily from external forces. Locke examined how people acquire ideas in An Essay Concerning Human Understanding (1690). He asserted that at birth the human mind is a blank slate, or tabula rasa, and empty of ideas. We acquire knowledge, he argued, from the information about the objects in the world that our senses bring to us. We begin with simple ideas and then combine them into more complex ones. However people believed to argue against it. eople believed newborn babies were born with a brain that had nothing built-in so the newborn babies brain was thought of as a tabula rasa or blank slate. This theory purported that newborn babies start out knowing nothing and have to learn absolutely everything. We know today that this is an erroneous premise and that newborn babies brains are actually hard wired to do many, many things useful for survival. In fact, newborn babies come out of the womb learning ready. They are feeling and sensing new sights, sounds, and personal experiences that are foreign to them. All of these stimuli are being taken into the brain and it is reacting to them. Plato believes that the knowledge is innate and the simple act of recollection is all that is need to gain the knowledge. This would be shown in his theory of the Realm of the Forms and his cave analogy. The thesis behind his analoy is the basic idea that all we perceive are imperfect reflections of the ultimate Forms, which subsequently represent truth and reality. In his story, Plato establishes a cave in which prisoners are chained down and forced to look upon the front wall of the cave. When summarizing the Analogy of the Cave The prisoners are bound to the floor and unable to turn their heads to see what goes on behind them. To the back of the prisoners, under the protection of the parapet, lie the puppeteers whom are casting the shadows on the wall in which the prisoners are perceiving reality. Thus when the prisoners get to a mature age they can unlock to real truth of knowledge and walk out of the cave into the Realm of the Forms thus saying we are born with innate knowledge.

WebTracker Company

Julie Stern and Mark Foster founded WebTracker as a new software company providing the unique services in the area. The successful idea allowed entrepreneurs to gain the interest of two venture capitalists, Regent Capital and Bantam Ventures (Sahlman Roberts, 2015, p. 1). These companies have different experiences in the sphere of investment. Therefore, Stern and Foster received two term sheets to be analyzed, and then, decide on their choice of the investor.Advertising We will write a custom report sample on WebTracker Company specifically for you for only $16.05 $11/page Learn More A range of factors can influence the decision of entrepreneurs, and much attention should be paid to the concrete details presented in the term sheets regarding the valuation of the company, the level of control, dividends, the anti-dilution protection, and liquidation conditions (Sherman, 2012). This paper aims to compare and analyze the aspects presented in the term sheet s and provide the advice for Stern and Foster with the focus on the conducted analysis. Differences and Similarities between Regent Capital Term Sheet and Bantam Ventures Term Sheet The structures of the term sheets proposed by Regent Capital and Bantam Ventures, as well as the majority of formulations in them are similar. Thus, the venture capitalists propose the same formulations in their term sheets while discussing the aspects of non-binding, the optional conversation, registration rights, and the ‘drag along’ factor. These sections present the supporting information for the conditions provided in the other sections of the term sheets, and those conditions are quite different (Sahlman Roberts, 2015, p. 6). It is also important to note that the procedures associated with the liquidation, or preferences, are also discussed in the documents in similar terms. The main focus is on protecting the investors’ interests if the company cannot realize the plan in relat ion to the profitability. Still, the discussion of the board of directors is rather similar in order to distribute the control and ownership rights in the start-up company. The term sheets also include many differences that need to be taken into account by the entrepreneurs. Thus, two companies propose different amounts to fund the start-up, and they use different approaches to the calculation of the pre-money valuation and the associated employee option pool. In addition, the approaches to calculating dividends are also different, affecting the founders’ shares in the situation of the liquidation. The voting rights and protection provisions are also formulated differently. More importantly, Regent Capital proposed the formula for calculating the prices in the context of the anti-dilution provisions (Sahlman Roberts, 2015, p. 9). Founder vesting is also a point for the discussion because the proposed conditions differ significantly. Finally, the no-shop provision period is l onger in the case of Regent Capital. The Preferred Term Sheet The analysis of these two term sheets indicates that the document proposed by Bantam Ventures is more beneficial for Stern and Foster because of its less strict conditions. However, while referring to the factor of the investors’ reputation, it is possible to choose Regent Capital as the venture capitalist and concentrate on the negotiations in order to change some of the formulations mentioned in the document.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More From this point, the choice of the term sheet is based not only on the analysis of the actual conditions but also on the analysis of the venture capitalist’s reputation and potential to provide the further funding, if it is required (Sherman, 2012, p. 68). In this context, Regent Capital has the higher potential. However, the task of Stern and Foster is to nego tiate the term sheet aspects in order to follow the pattern proposed in the Bantam Ventures. Thus, the first point to discuss is the pre-money valuation and the employee option pool that should be counted within the post-money valuation, as it is proposed by Bantam Ventures (Sahlman Roberts, 2015, p. 9). While following the term sheet, the second option to discuss is the no-shop provision periods. The period of eight weeks proposed by Regent Capital can be viewed as rather limiting for the founders; therefore, it is relevant to negotiate on the 30-day term proposed by Bantam Ventures. The next important point is the dividends. Regent Capital points at the typical 8% annual dividends that are cumulative. This option is protective for the investors, but the founders can negotiate to follow the pattern proposed in the term sheet of Bantam Ventures, where dividends are 3% and accruing (Sahlman Roberts, 2015, p. 7). Protective provisions presented by Regent Capital are also rather limi ting, and it is possible to negotiate the exclusion of some points from the list in order to address the interests of founders. In this case, the protective provisions need to be correlated with the liquidation preferences. Anti-dilution provisions should be analyzed by Stern and Foster in detail in order to decide whether the formula proposed by Regent Capital is based on the same aspects as the principle of the weighted average anti-dilution mentioned by Bantam Ventures. From this point, selecting Regent Capital, the entrepreneurs can expect the improvement of the conditions provided in the term sheet as the result of negotiations. Negotiations of the Term Sheet with Regent Capital The two main reasons to select the term sheet proposed by Regent Capital and participate in the negotiations are the high reputation of the company and the amount of the funding. Therefore, the focus should be on negotiating Regent Capital’s term sheet. In order to make this venture capitalist in terested in changing the conditions, it is necessary for Stern and Foster to choose the effective negotiation strategy. The analysis of the provided term sheet demonstrates that Regent Capital is focused on protection of their interests in the case of the liquidation (Coleman, Cotei, Farhat, 2013, p. 2). As a result, the entrepreneurs need to formulate the clear exit strategy to present it for Regent Capital in order to explain how the start-up company plans to cope with the possible loss in its revenues.Advertising We will write a custom report sample on WebTracker Company specifically for you for only $16.05 $11/page Learn More The statements about changing the conditions that are presented in the sheet in financial terms need to be supported with the actual discussion of guarantees for Regent Capital (Sherman, 2012). The argued business plan needs to reflect why the proposed conditions regarding the points interesting for Regent Capital will be work ing in the critical situation. The term sheet reflects the adequate level of control and funding. Still, more attention should be paid to discussing the founder vesting in order to respond to the interests of Stern and Foster and to protective measures along with the case of dilution. While persuading Regent Capital to support the new terms and conditions, Stern and Foster need to accentuate the projected valuation of the start-up company and levels of returns that are appropriate for both founders and investors. WebTracker’s Exit Strategy The procedure associated with the Initial Public Offering (IPO) for start-up companies is rather problematic because of the related expenses. In spite of the fact that Foster can see the IPO as an effective strategy for the company, it is important to pay attention to the prerequisites and limits associated with this process. The barriers to the IPO include the unrealized plan regarding the regularly increased revenues; the high competition in the industry; and increased risks (Kim Wagman, 2014, p. 522). The advantage of the IPO is the potential for the expansion and the intense increase in revenues, but such development requires a lot of resources. On the one hand, the services proposed by WebTracker can be discussed as unique and having the potential for the increase of the customer base (Ready, 2011, p. 164). On the other hand, the information technologies industry is one of the most actively developed sectors in the United States, and the competition is significant. In this context, the other exit strategy can be chosen. The merger can be discussed as the most likely strategy for WebTracker that needs to develop the customer base and improve the brand recognition in the industry. The merger with the other software company or the industry leader can result in increasing the revenues; still, the founders’ control will be limited in this case. Stern and Foster’s Entrepreneurial Characteristics Having a nalyzed the entrepreneurs’ features and behaviors, it is possible to state that Foster is inclined to follow the traditional pattern in the establishment of the start-up company. He tries to predict and prevent risks that can be associated with both selecting the young company in the field of investment and receiving the limited ownership while working with Regent Capital. It is possible to assume that Foster belongs to the type of entrepreneurs who choose the best-practice approaches and patterns in the field while planning the stable growth and development of the company and implementing the effective risk prevention strategy.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Stern can be discussed as belonging to the category of innovators in this field, who focus not only on promoting the unique idea but also on protecting their rights and interests. Therefore, if Foster analyzes the overall conditions associated with accepting this or that term sheet, Stern can be viewed as more focused on the protection of the founders’ financial interests in this case. Conclusion The selection of the term sheet for the start-up company to receive the expected funding is a challenging task that requires the high level of responsibility. The co-founders of WebTracker, Foster and Stern, can be expected to choose different term sheets. While referring to the entrepreneurs’ features, it is possible to assume that Foster will choose Regent Capital in spite of the more restrictions discussed in the document. On the contrary, Stern would choose the term sheet addressing her personal financial interests of a founder. From this point, it is possible to advise an alyzing all risks and accepting the term sheet provided by Regent Capital while focusing on the development of the effective negotiation strategy in order to make the investors interested in the conditions that are beneficial for co-founders. In addition, much attention should be paid to the presentation of the effective exit strategy. In the case of WebTracker, it is possible to choose not only popular IPO but also the less risky merger. References Coleman, S., Cotei, C., Farhat, J. (2013). A resource-based view of new firm survival: new perspectives on the role of industry and exit route. Journal of Developmental Entrepreneurship, 18(1), 1-25. Kim, J. H., Wagman, L. (2014). Portfolio size and information disclosure: An analysis of startup accelerators. Journal of Corporate Finance, 29(1), 520-534. Ready, K. (2011). Exiting your business. Startup, 1(9), 163-176. Sahlman, W., Roberts, M. (2015). WebTracker. Harvard Business School, 2(9), 1-15. Sherman, A. J. (2012). Raising capit al: Get the money you need to grow your business. Boston, MA: AMACOM. This report on WebTracker Company was written and submitted by user Kailyn Phillips to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.