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Entrepreneur Essay Examples

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Entrepreneurship and Small Business Management: Family Enterprise

Intro Entrepreneurship in the majority of the small businesses often tends to end up being family enterprises. This mainly occurs when kids of the creator join hands and start working either full-time or part time for business. A lot of the household owned service are described as entrepreneurship simply since of the reality that owners tend to portray professionalism in their work. Others are concerned with nepotism of which might impact perception of clients. Family business have actually different advantages…...

Trait Approach to Entrepreneurship

What makes an entrepreneur, an entrepreneur? Could it be the environment they grew up in or simply, the personality that they were born with or developed as they grow? This essay would present on the traits one should have to perform in this career and how these personalities would benefit them as a businessperson. Apart from that, it would discuss the different approaches and analyze it against the trait approach. The essay would start by discussing the traits of an…...

State of entrepreneurship in South Africa

The state of entrepreneurship in South Africa is regarded as being below what is necessary to support a consistently high level of economic growth. In the following essay I will be discussing the challenges which entrepreneurs face in South Africa and the importance of entrepreneurship. The state of entrepreneurship in South Africa has many mixed reviews, according to Sanlam’s report on entrepreneurship from 2012 they said “South Africa’s entrepreneurial activity, over the past eight years, has shown vast improvement, however…...

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Explain the Relationship Between, Entrepreneurship, Innovation and Economic Development

Joseph Schumpeter formally regarded the understanding that entrepreneurs are often innovators, bringing new, improved goods and technologies to markets, creating new niche upcoming solutions and delivering them into new markets. Entrepreneurship focuses on the creativity, moment of inspiration, the why when and how of certain opportunity recognition. According to Schumpeter “the role of entrepreneurship is implicit as an underlying cause of innovation. However, innovation is not solely the domain of entrepreneurs” - The idea of Entrepreneurship somewhat relies on the…...

Entrepreneurs are born and made

There are 2 sides to every argument, and the "what makes a business owner" argument has raged for years with neither side able to conclusively show their case. There are numerous who believe that a business owner must have characteristic such as vision, passion and drive that are innate and can not be taught. Others argue that the skills of evaluating chances, inspiring individuals and operating a company are easily passed on to eager students seeming business owners. The truth…...

Are Entrepreneurs Born or Made

Introduction An entrepreneur is a person who sets up a business by taking on financial risks in hope to make a profit. The word entrepreneur stems from the French word entreprendré which means 'to undertake'. A couple of examples are Lord Alan Sugar and Bill Gates. Lord Sugar is an entrepreneur worth £800 million. He started by selling car aerials out of a van, he then set up his company, Amstrad which sold affordable hi-fi turntable covers. In 1993 he…...

Women Entrepreneur

1.1 MEANING The classic definition of an Entrepreneur is “a person who organizes and manages a business undertaking, assuming the risk for the sake of the profit.” The word 'entrepreneur' is derived from the Old French word 'entreprendre' which was first used by the economic 'theorist' Richard Cantillon in 1755 in an essay where he used this term to describe a person who assumed the risk of buying goods in the belief that they could sell them at a higher…...

Innovation and Entrepreneurship

Can you map the different kinds of innovation in the case study? Which were incremental and which radical/discontinuous? Why? Give examples to support your answer. One kind of innovation is providing new ‘e-tailing’ channels through which you can obtain the latest CD of your preference. These innovations increase the choice and tailoring of the music purchasing service and demonstrate some of the ‘richness/reach’ economic shifts of the new Internet game. Also At the heart of the change is the potential…...

Richard Branson

Introduction This essay will include info about Richard Branson, his personality, how he was raises, his influences. Also economic and ecological consider relation to Virgin Group will be talked about in the 2nd part of the essay. In the third and tail end info about how Branson spend spare time and treats oter individuals. The Entrepreneur An entrepreneur is an individual who organizes and handles an organisation undertaking, assuming the danger for the sake of earnings. A business owner sees…...

Interview with an Entrepreneur

The restaurant was founded in 2006 in Lodz. From the beginning, it was a restaurant with possibilityto organize closed parties like birthday party, wedding and so on. After market confrontation,restaurant was changed into a pub oriented directly to teenagers. The organization of events waspreserved. The company employed  in the beginning 3 people, then 8 person.1. What was motivated you to start your own business? The most important thing was to create something new what can bring more benefits than…...

Entrepreneur Profile Assignment

The business is called Decoded a Silicon Roundabout tech company, and it was set up in January 2011 but the workshops started in August that year. Decoded launched its first session of Code in A Day with two teachers and ten students. It has now taught more than 2,500 executives from companies such as Unilever, WPP, Microsoft and Google, the CEOs of over 450 FTSE 100 companies to creative, strategists, investors and start-ups across a broad range of industries how…...

On A Successful Entrepreneur

Introduction This is a research based on one of the most outstanding, successful and goal orientated entrepreneurs in my Drewsland, Miss Coral Parish who own Wholesale & Retail business in my opinion is a very successful business, which has grown considerably over the years. The business is located in Drewsland in water house, approximately two one hour drive from Stony Hill to water house. Miss Parish has portrayed in my honest opinion immaculate entrepreneurial skills, which has been the corner…...

Virgin: The Global Entrepreneur

According to Goold et al (1994) there are four main types of activity by which a corporate parent can add value. Envisioning – The corporate parent can provide a clear overall vision or strategic intent for its business units. Coaching & Facilitating – The corporate parent can help business unit managers develop strategic capabilities. Providing Central services – A provider of capital investment. Intervening – The corporate parent can also intervene within its business units in order to ensure appropriate…...

Small Businesses and Entrepreneurship: Economic Rocket Fuel

1. Review the benefits an entrepreneur might seek in starting a new business. Which benefits are most appealing to you? Why? Some benefits that are most appealing to me is having greater financial success, independence, flexibility, and challenge because with all of them combined, it’s beneficial to me and can help me gain more money easier. 2. Do you recognize any of the entrepreneurial personality characteristics in yourselves? Which ones? Do you think it’s possible for a person to develop…...

Women entrepreneurship in bangladesh

Contribution of women in the economy is very important for the growth of socio-economic environment of Bangladesh. Without a meaningful and active participation of women, half of the total population, in regular economic activities, a dynamic and sustainable economy is impossible. In view of the need to bring the rural womenfolk in the development stream of the country, both the Government, the NGOs and other related agencies have provided ample opportunities to promote entrepreneurial skill among women. Income-generating activities, credit…...

Entrepreneurship Reflection Essay

INTRODUCTION From this reflection, I am glad that I came to this talk because this kind of discussion taught me a lot on how to be a good and excellent entrepreneur. Maybe before I came, the first think we will think after being an entrepreneur is of course the profit that we gained. We never think about the responsibilities as a Muslim to do the job properly and wisely. Sometimes the entrepreneur itself forget to donate the money, to give zakat and others. We only think that the profit that the business can give us. But we forget that everything come from Allah and everything is his’.…...

The connection between entrepreneurship and small business

This essay discusses the concepts of small business and entrepreneurship and relationship between them. We will try to define and explain the terms?owner-manager? and entrepreneur, in other words who operate a small business enterprises. We also will examine the similarities and differences of these terms. From the outset it needs to be emphasized that while we will talk about the small business and entrepreneurship, these terms need to be defined. For small business there is still no single definition which…...

Evolution of Entrepreneurship

Entrepreneurship is a term, which has evolved over the years. Previously entrepreneurs were doing so many things that it broadened the true definition of a entrepreneur. The definition of an entrepreneur "is one who undertakes to organize, manage, and assume the risks of a business" (Kuratko). In the 21st century entrepreneur are looked upon as innovator or developer who recognize and seize opportunity. These types of people are also responsible for converting the opportunities into workable/marketable ideas (Kuratko). The term…...

Marketing theory and concepts

Every business wither it's small or big, aim to meet the needs of their actual and potential customers. In order for them to do this, they need to follow some sort of theory and concept. This assignment will be looking at the marketing theory and marketing concepts which are portrayed in the traditional marketing literature, and how they have limited application in guiding small business marketing practice. Marketing plays a vital role not only in developing, producing, and selling products…...

Entrepreneurs born or made?

The following assignment will critically evaluate the statement to whether entrepreneurs are born or made. The Business Dictionary (2014) defines an entrepreneur as “Someone who exercises initiative by organizing a venture to take benefit of an opportunity and, as the decision maker, decides what, how, and how much of a good or service will be produced.” There is a debate as to whether or not there is such a thing as an ‘entrepreneur gene’ or are entrepreneurs taught and made…...

Interview with Entrepreneur

1. Why did you begin your own organisation? Curt has always had a passion for engineering. When he was younger he work as a mechanical engineer through AMP. Then altered to metal engineering but decided he was tired of working for business workplace after 7 years and pursed his hobby into a profession. Curt has actually constantly enjoyed boating and good seafood. For many years before his established organisation, he would take pleasure in being on the boat and catching…...

Speech about entrepreneurship and franchising

Introduction Hello everybody! Thank you for inviting me, I am glad to see so many cheerful, and healthy, young business college students here today. First let me introduce myself; my name is Mark Rice, and I am the dean of the Babson Business School in Wilson, Massachusetts. I am here to share with you my knowledge about entrepreneurship. I will walk you through what it takes to become a successful entrepreneur, or even more evocative, what little it takes to…...

In Business Today the Entrepreneurial Organizations Continue to Grow

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…...

The impact of entrepreneurs on the economy

There are a great deal of explanations and descriptions of entrepreneurship. Intellectuals and company experts, define entrepreneurship as just the uniting of thoughts, effort, and adjustments to the changing commerce market. It moreover involves conference market needs; primarily it represents the key instructions of any trade - innovation. Development is the crucial element that administers the really formation of a small trade or entrepreneurship; it can be processes or it can be items. One instance of a process might be…...

International Entrepreneurship and Proteome Systems Limited (PSL) Performance

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…...

Anita Roddick

Inspiring profiles and best practices for entrepreneurs Twenty-six years ago the Brighton Evening Argus ran a story on a dispute between two funeral parlour owners who were upset about a new cosmetics boutique which had opened up next door. It wasn't the nature of the business they were getting hot under the collar about, but its name. They thought the green shop front emblazoned with the words Body Shop in gold leaf might put off prospective customers. "They wanted me…...

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…...

Nine Characteristics of Successful Entrepreneurs

1. Motivation Entrepreneurs are enthusiastic, optimistic and future-oriented. They believe they’ll be successful and are willing to risk their resources in pursuit of profit. They have high energy levels and are sometimes impatient. They are always thinking about their business and how to increase their market share. Are you self-motivated enough to do this, and can you stay motivated for extended periods of time? Can you bounce back in the face of challenges? 2. Creativity and Persuasiveness Successful entrepreneurs have…...

Selling Experience

Overview As requirement for finals, of the subject entrepreneurial management, I, Armie Aguirre, together with my groupmates, Rosselle San Juan, Jerlynne Valenzuela, Beverly San Juan and Ian Maverick Pantaleon created a temporary merchandising business where we sell products of our choices at Tomas Claudio Memorial College last October 8 up to October 10, 2012. We call this temporary business BENCHFOOD INCORPORATED. We have contributed 200 each member as capital and agreed to sell, UKOY (deep-friend shrimp patties), Candy mixes and…...

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…...

Key Qualities of a Successful Entrepreneur

Being an entrepreneur is about more than just starting a business or two, it is about having attitude and the drive to succeed in business. All successful Entrepreneurs have a similar way of thinking and posses several key personal qualities that make them so successful in business. Successful entrepreneurs like the ambitious Richard Branson have an inner drive to succeed and grow their business, rather than having a Harvard Business degree or technical knowledge in a particular field.All successful entrepreneurs…...

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…...

Local and Foreign Entrepreneurs

Pacita Juan’s willingness to take risks, coupled with her passion for coffee, led her to create Figaro. Together with friends, Juan opened the first Figaro coffee shop in 1993 before Starbucks and Seattle’s Best were introduced to the country. Figaro is now the second largest coffee shop chain in the country, grabbing 30% market share. It is, in fact often mistaken for a foreign brand. From its first store in Makati, Figaro now has more than 30 in the Metro…...

George Westinghouse

The Westinghausen family tree stretches back to that of the ninth century in Westphalia, Germany. Some of the family decided to emigrate to Europe and later settle in the United States. In the nineteenth century, George Westinghouse decided to move all over the former United States and settled in Central Bridge, New York where he had George Westinghouse II. Born into a family of ten (which would become twelve later on) on October 16, 1846, George Westinghouse Jr. (son of…...

Entrepreneurship Is a Force of Creative Destruction

The process whereby old sources of competitive advantage are destroyed and replaced with new ones is referred to as creative destruction. Entrepreneurship by its very nature makes old knowledge redundant and introduces new knowledge through innovations so that firms could further develop and/or sustain competitive advantages. In this context the spirit of the entrepreneur will always be needed, because the ability to see things differently is precisely at odds with things as they are. The key implication is that entrepreneurial…...

The Feed Resource Recovery

The Feed Resource Healing concept is basic; to offer grocery store and dining establishments with an onsite waste processing system that transforms formerly disposed of food waste into a source of renewable resource and organic fertilizer. Having an excellent idea is just the beginning, to take this to the marketplace they will have lots of concerns to conquer. Opportunities Issues Time is constantly a concern for brand-new organisation, however in this industry it is a little bit more vital because…...

Entrepreneur Interview

The person I chose to interview is the owner of the company at my current place of work. Larry Godwin is the owner of Godwin Company, Inc, which is a forklift and golf car sales, and service company. Larry worked on his family farm growing up in Arkansas after leaving school in the fourth grade and then moved to Indianapolis when he was 18 years old and began working for a fan company. He got an opportunity for an apprenticeship…...

5 Famous Filipino Entrepreneurs

The 5 famous Filipino entrepreneurs are businessmen whose families emigrated from mainland China to the Philippines before the 2ndWorld War when the there was a strong economy. Some sought out regular employment and others set up small businesses. Although each took a different approach, there is one common denominator among them before they became famous Filipino entrepreneurs: they all had an unparalleled work ethic. While there are other factors that contributed to their achievements (being frugal, a good financial sense…...

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