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Entrepreneurship Essay Topics & Paper Examples

Importance of a Logo for Any Business

Many a time, entrepreneurs wonder what a good logo meant for the business? A long set of questions may erupts in minds of business people regarding the importance of logo to business like why is it important, does it matter what it looks like, besides many others. In this article, I just want to clear up the haze from this aspect and we will do an analysis regarding the value that you place on having a good logo for your business. Now a days, a logo is very important from the business point of view. Experts say that it speaks volume about the company and some further adds that business logo is capable of making or breaking the business. In…

Introduction of Old Town

The OLDTOWN story began in 1958, in Ipoh Town Perak, Malaysia. It all started at the White Café – a classic coffee shop. The owner, inspired with a vision and the passion to make and serve fine coffee, created a secret white coffee blend. White Café can be traced back in 1999, which the co-founder and Executive Directors, Mr Goh Ching Mun and Mr Tan Say Yap produce their own 3-in-1 instant white coffee. Old Town White Coffee currently in November 2010 has 177 outlets which had rapidly increasing Malaysia include in Singapore and planning to have more. Old Town White Coffee tagline is “Take Your Time, Savor Every Moment”, this idea come from Ipoh, the origin, people living in…

Jadelink Market

Comentario en Internet de Harvard Business Review : “The experienced entrepreneurial chief executive officer (CEO) of Jadelink International Limited strives to create a modern jewelry brand representing a new perception in jade. The CEO has achieved early success of growing sales rapidly and bringing Jadelink products to Shanghai, the trendiest city in China. But the company wants to expand business to the Asian and international luxury goods markets. This requires intensive capital to continue to build up the company scale. This case examines the consideration of venturing a new business in the China market, managing business growth and acquiring venture capital. It also allows discussion of factors leading to a successful entrepreneurship and dealing with business highly associated with industry…

Influences and Characteristics of Entrepreneurial Behavior

Management skill and strong team building abilities are often perceived as essential leadership attributes[3] for successful entrepreneurs. Robert B. Reich considers leadership, management ability, and team-building as essential qualities of an entrepreneur. This concept has its origins in the work of Richard Cantillon in his Essai sur la Nature du Commerce en (1755) and Jean-Baptiste Say[4] in his Treatise on Political Economy. Psychological studies show that the psychological propensities for male and female entrepreneurs are more similar than different. A growing body of work shows that entrepreneurial behavior is dependent on social and economic factors. For example, countries with healthy and diversified labor markets or stronger safety nets show a more favorable ratio of opportunity-driven rather than necessity-driven women entrepreneurs….

They’re Not Employees, They’re People

I found this article to be very interesting. Business analyst, Peter Drucker explained the changing dynamics of the workforce and covered “two extraordinary changes in the business world” as he stated in the article that has taken many by surprise. The first one is the overwhelming number of people in organizations that are not traditional employees and secondly, how many businesses have outsourced employee relations. The rise of the temporary worker has been unbelievable. Incredibly, 8 million to 10 million temporary workers are placed each day worldwide. Adecco is the world’s biggest private employer which places nearly 700,000 temporary and fulltime clerical, industrial, and technical associates worldwide. They do 250,000 workers in the United Sates alone. What I found mind…

Abul Kashem Haider

Early life Abul Kashem Haider, Chairman of the Youth Group was born in Mogdhara Union, Thana, Shandip, Zilla, Chittagong in 1st April 1954. His father Alhaj Sekander Hossain was an educationist and his mother Shafia Khatoon was a housewife. At that time, the education environment Of Shandip was very much discouraging. In most cases, schools & colleges were far away and there were no regular means of transport. This had negative influence among the students making high rate of drop outs. He was the 4th issue of his parents. His father was very much conscious about the children’s education. For this reason, all the brothers & sisters of Mr. Haider had to get themselves admitted into the schools and all…

Mind Your Own Business

What makes someone a successful entrepreneur? It certainly helps to have strong technology skills or expertise in a key area, but these are not defining characteristics of entrepreneurship. Instead, the key qualities are traits such as creativity, the ability to keep going in the face of hardship, and the social skills needed to build great teams. If you want to start a business, it’s essential to learn the specific skills that underpin these qualities. It’s also important to develop entrepreneurial skills if you’re in a job role where you’re expected to develop a business, or “take things forward” more generally. It’s very easy to get lost trying to rate ourselves against our peers or even rate ourselves around society when…

Entrepreneurship

The public perception of entrepreneurs today is almost legendary. They seem to seamlessly start up small businesses and make them grow and develop themselves almost overnight to big successes. (Beaver, 2005) This essay will briefly cover the differences and similarities between managers, business owners and entrepreneurs. Differences and similarities between managers, owners and entrepreneurs Back in the 19th century being a businessman, in other words being an owner-manager, was not regarded a profession. These people were coordinators, arbitrators, innovators, interpreters of the market and risk-takers at the same time. The purpose of their activity ranged from interest from capital to profits for bearing the risk of operation. (Zaratiegui & Rabade, 2005) However they required ownership of over 50 per cent…

Fred Karlsson – Done Deal

Fred Karlsson is a Swedish entrepreneur and co-founder of DoneDeal.ie along with his wife Geraldine, a native of county Wexford where the business was founded and is currently situated. Karlsson is a self-confessed ‘techie’ and was involved in the creation of video games alongside a childhood friend from as early as 14 years of age. Upon graduation from the University of Lund with a diploma in Computer Science in 1997, Fred moved to Ireland for 3 years where he met his wife-to-be before relocating to Australia for a year and Sweden for a further 3 before returning to Ireland in ’04. (Karlsson, 2012) The idea for an Irish online classified ads website emanated in 2005 when the couple wished to…

The Barangay as the Unit of Society

The Barangay as a political unit is the most enduring legacy of our pre-Hispanic past. As pupils we learned that the word barangay traces its roots to balangay – the small but sturdy boats that our Malay ancestors used to navigate the rough seas of the Pacific to settle in these lands. As barangay officials, it would be best to understand the history of this unique political unit so as to better recognize its indispensability to effective local and national governance. Barangay as a Partnership in Governance A barangay also known by its former Spanish adopted name, the barrio, is the smallest administrative division in the Philippines and is the native Filipino term for a village, district or ward. Municipalities…

Women Entrepreneurship in India

Women are generally perceived as home makers with little to do with economy or commerce. But this picture is changing. In Modern India, more and more women are taking up entrepreneurial activity especially in medium and small scale enterprises. Even as women are receiving education, they face the prospect of unemployment. In this background, self employment is regarded as a cure to generate income . The Planning commission as well as the Indian government recognizes the need for women to be part of the mainstream of economic development. Women entrepreneurship is seen as an effective strategy to solve the problems of rural and urban poverty. Traditionally, women in India have been generally found in low productive sectors such as agriculture…

Entrepreneurship

Entrepreneurship as a lot of meaning but for me it divided into two separate fundamental, the first part debate high involve on dichotomy which in a whole set that dividend in two that identify in a entrepreneur joint exhaustive that it only belong in one business to other business but in the other has mutually exhaustive nothing will belong to simulate for both business. The second fundamental an entrepreneurship is a quality or property firm that defined it self. Based on my researching of the theory was given the example for further explain and understand my perception on entrepreneurship like for example the an Entrepreneurial firms are thought of as small (Aldrich & Austen, 1986), organic and network-based rather than…

Entrepreneurship

This report will mainly focus on the traits, characteristics and skills of entrepreneurs used in three different context i. e. small, social and larger scale business, to manage, develop and sustain the business. It initiates with highlighting the term entrepreneur and entrepreneurship from different authors followed by theories on entrepreneurship to get a better understanding of traits and characteristics in detail. Then is states the benefits of entrepreneurial traits and characteristics. It will then focus on how small business entrepreneurs use their traits and skills to develop and manage the business supporting it with detailed examples of the famous entrepreneurs. Further explains the skills and traits used by social entrepreneurs and large-scale entrepreneurs in business with different examples to get…

Toys “R” Us LBO

1. What are the risks and merits of the transaction? This LBO transaction has both risk and profit potential. KKR, Bain, and Vornado Realty Trust face risk because the industry that Toys “R” Us (toys) is currently in, the retail toy industry, is in a decline. Industry sales have been down 4% in the last year, and analysts don’t have a positive projection for future sales in the US. This declining industry, and threat of new competitors such as Walmart and Target, make it hard to be profitable which makes it extremely risky for KKR, Bain, and Vornado. Another factor that needs to be considered when calculating risk, is that this transaction is a club deal, meaning that more than…

Entrepreneurship Education as the Emerging Trend in Pakistan

For the developing world, the emerging trend is entrepreneurship education in itself. It is significant and considered a powerful tool for propelling economic growth, as significant as venture capital and incubators. The youth today is exposed to a world of information and rapid change. He is prone to be the captain of his ship more than ever before. Hence the objective is to create awareness of trends and issues being faced in Entrepreneurship Education programs and see how Pakistan can gain from the experience of the developed world. It is also the objective to see how programs have to be designed for teaching and learning by the new generation of the future. The research methodology has been to examine relevant…

Entrepreneurship In The Philippines

The Philippines is a highly entrepreneurial country. The main reason that drives its entrepreneur spirit is its poverty. Small and medium-sized enterprises (SME) account for the largest share of Philippine entrepreneurs. SMEs, including micro-enterprises, account for 99 percent of all business establishments and 60 percent of the exporting firms in the Philippines. SMEs currently employ about 55 percent of the Philippine labor force and contribute 30 percent to total domestic volume sales. Women hold significant leadership positions in national and local government, universities, business corporations and family business enterprises in the Philippines. 51% of entrepreneurs in Philippines are female. Challenges for entrepreneurs in Philippines include a lack of research and development, inadequate access to technology, financing—most entrepreneurs starting small business…

Entrepreneurial Ambitions

Abstract An entrepreneur is someone who goes into business for themselves, hoping to expand and maximize profit. Throughout this report, I will briefly explain two of the premiere entrepreneurs who took a risk and it paid off. Entrepreneurial Ambitions It’s not about the price one charges for his goods and services, nor is it about the competition or how to beat them. It’s all about the customers and clients. Your clients are the ones who generally decided whether your product fails or succeeds (goods, services, 2008). Many famous and non famous entrepreneurs become who they are for a plethora of reasons. Some embark on this experience to avoid being taken advantage of, conflict in work environment, but most just want…

Role of the Entrepreneur in Setting Up a Business

Entrepreneurs are the individuals who start new businesses in the economic marketplace. These individuals may start businesses for a variety of reasons, including working for their own self-interest, making more money, improving their local community or enhancing their quality of life. While entrepreneurs may face a number of issues when starting a business, they usually have the psychological resolve and positive outlook to overcome these issues. Other People Are Reading * Help With Setting up a New Business * How to Start an Entrepreneur Cosmetic Business 1. Facts * Entrepreneurs usually offer the vision, goals and objectives for their start-up companies. Goals and objectives oftentimes are simple during the early stages of the company; goals typically include building a strong…

Entrepreneurial Growth

This course is for students who want to explore the challenges of running and growing an entrepreneurial company or a division of an established firm. We start by looking at the most basic question. Can the firm grow; should the firm grow? Since growth is a choice, we will also look at the trade-offs between aggressive growth and what venture capitalists call “life style” businesses. We will also look at the importance of identifying opportunities for new product development and responding to competitive threats. We will then look at how managers can learn how to identify and respond to strategic inflection points that shape the growth potential of all firms. This is a critical first step before one can decide…

Entrepreneurship

Entrepreneur is a person who is willing to put his career and financial security on line with risk in name of new idea and spending time as well as money in new venture. Entrepreneurs have managerial skills, team building skills, problem solving skills, skills related to creativity and change management skills for managing change in business norms resulting from implementing new ideas. Extroversion and risk taking are traits of entrepreneurs. Characteristically they are innovative; increase efficiency, markets and productivity, also find and exploit opportunities. Types: Social Entrepreneurs: They are driven by the desire to improve the economic, social, educational and environmental conditions in country. They want to solve big problems related to social or economic conditions and run their venture…

International Entrepreneurship

Entrepreneurship activities are tremendously increasing not only at local levels but also across international boundaries (Cavusgil, Ghauri & Agarwal, 2002). Entrepreneurship is associated with economic development and wealth creation through production of novel products that meet present and latent needs of consumers. International entrepreneurship is an emerging area of business that has accelerated the growth of SMEs and merged various cultural, political and social aspects (Acs, Dana & Jones, 2003). In the study of international entrepreneurship, this essay explores the entrepreneurial activities taking place across boundaries with a particular focus on Proteome Systems Limited (PSL) currently renamed Tyrian Diagnostics (Tyrian Diagnostics Limited). The contextual framework of the essay includes the evaluation of the theoretical underpinning of international entrepreneurship in comparison…

Start Up Businesses Fail

Business failure refers to a company ceasing operations following its inability to make a profit or to bring in enough revenue to cover its expenses. A profitable business can fail if it does not generate adequate cash flow to meet expenses. According to The Dun & Bradstreet and INC. magazine, we can see a result of 33% of all new business fail within first six months. Fifty percent of new business fail within their first two years of operation and 75% fail within the first three years. Here are the leading reasons of business failures. The first main reason is people open their business without any business plan. These business owners simply open their doors for business and then expect…

Ethics, innovation and entrepreneurship

With reference to one or two organization that you have studied, discuss the influence of ethics and innovation on the role of entrepreneurship (entrepreneur) and intrapreneurship (intrapreneur). Conceptual approaches play a vital role in influencing the role of entrepreneurship and intrapreneurship in an organization. Innovation, which is one of the concepts, is the ability to think anew by developing new services or products. It is synonymous with risk taking as defined in the entrepreneurial behavior. Organizations that create innovative products take on the greatest risk because they create new markets. It is the act to carve a new niche in it, as deemed by most entrepreneurs. Ethics, on the other hand is the basic concepts and fundamental principles of decent…

The impact of entrepreneurs on the economy

There are a lot of explanations and descriptions of entrepreneurship. Intellectuals and business experts, define entrepreneurship as only the uniting of thoughts, hard work, and modifications to the changing commerce market. It furthermore involves meeting market demands; mainly it portrays the key instructions of any trade – innovation. Innovation is the key factor that administers the very formation of a small trade or entrepreneurship; it can be processes or it can be products. One instance of a process could be the formation of ideas in black and white, products can refer to everything that is produced that can be kept up for sale, whether it is a latest form of glue or even a service that offers; such as, housecleaning….

Entrepreneurial Organization

In Business today the Entrepreneurial Organizations continue to grow, thrive and help change the way companies and people do business. These Entrepreneurial changes that happen internal to large organizations or at small start-up companies all have some of the same traits in common with each other and use some of the same tactics to create business opportunities. Some of the traits they share to promote their business are: Individual action and initiative, Innovation, Differentiation and Risk Taking. Individual action and initiatives taken by the employees within the organization are to create new product offerings or enhance existing products. These actions do not always succeed in creating revenue for the business, but might help start another product line that will create…

The Knot

According to Sahlman, the success of entrepreneurial ventures, such as The Knot, is dependent on four critical success factors, namely the people, the opportunity, the deal and the context. Each of these factors is dynamic and the entrepreneur must constantly reevaluate and adjust the four factors to create value. People The category people include the key players of the entrepreneurial venture. Within this category, the strengths and weaknesses and the experience of the people involved is critical. The entrepreneur has to determine if something is missing in the team, thus if people should be added or replaced. The Knot’s management team consists of four ex New York University’s Film School students. All of them are experienced entrepreneurs. First, Liu and…

Pc&D Inc

When in February 1976 Martell received the letter from McElroy, he was not surprised a lot. All the problems that had occurred over time, and punctually postponed, now appeared. When Martell was elected as the new president of PC&D, he brought his “entrepreneurial spirit” that quickly spread across the organization. This had a positive effect on the company, especially in terms of profitable growth. In fact it led to the creation of 11 entrepreuneral subsidiary, of these 4 had successfully been merged into the company. This allowed to Electric Division, to double its sales, during 1971-75 period going from 193. 6 million to 561. 4 million(of these 179. 2 arising from the new subsidiary),and also the sales of the Machinery…

The Concept of Creativity, Invention and Innovation and Their Complimentary Roles in the Field of Entrepreneurship

Creativity, invention and innovation are not the same thing. To create a successful product or business, the entrepreneur needs to recognize the differences, and combine them in the right mix. These concepts are closely linked together. They make us think of something new, something really different. However, they are very distinctive and related in such an amazing way. At the very “CORE” of the new is creativity. With this, people dare to think of strange, and sometime crazy, things. Creativity is a process by which a symbolic domain in the culture is changed. New songs, new ideas, new machines are what creativity is about (Mihaly 1997). Creativity is the ability to make or otherwise bring into existences something new, whether…

Why Entrepreneurial Organizations Seek Opportunities for Innovation

An entrepreneurial organization is a business that provides time and space for employees to seek creative ideas, promotes those ideas, and supports those ideas by building the project. Innovation is the specific tool of entrepreneurs, the means by which to exploit change as an opportunity for a different or enhanced product or process. The definition of “entrepreneur” from Dictionary.com is “a person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk.” One such person who invested considerable initiative and risk is Ray Kroc, king of the famous franchise chain, McDonald’s. Ray Kroc started as a salesman for the Lily-Tulip Cup Co. selling paper cups when he was 37 years old. He met Earl Prince,…

Leadership and Entrepreneur

Leadership and entrepreneurship have become more popular recently so that many researchers have been studied about these subjects and tried to find out their definitions and nature (Northouse, 2007; Kuratko and Hodgetts, 2007 and Deakins and Freel, 2009). It cannot be denied that there are a huge amount of people having leadership and entrepreneurship characteristic. In order to have a look closer about the leadership and entrepreneurship, the author will take the case of Conrad Hilton as an example to evaluate. However, before doing that, some significant leadership and entrepreneurship theories such as definitions and characteristics of different approaches will be reviewed critically. This essay will be divided into three parts. It will commence with theories of leadership and then…