Andy Wilson Case Study

1.

The primary motivation of Andy Wilson for leading an entrepreneurial life was the fact that he wanted an entrepreneurial independence. The suit-and-tie atmosphere of corporate America also no longer motivated Wilson after working for seven years in an investment banking firm. He must be carried an expectation on his later sale of business since he has investing $30,000 of his own funds. Besides, his first trolley tour, which he called “such a pathetic experience”, has given him determination to keep forward. As conclusion, the boring nature of “the suit-and-tie atmosphere of corporate America” together with an opportunity that never wasted by Andy Wilson has gave him motivation to lead such as successful but challenging entrepreneurial life and he has

Entrepreneurs have to invest in economy requirement so that their product will always use by consumers while at the same time economic will progress rapidly.

Second entrepreneurs’ contribution to the society is employment. People need jobs to support their life. By setting up various businesses, entrepreneurs are generating employment in the industry. This is a major contribution that an employer can provide so that the employee can have their own income to fulfill their needs.

Third entrepreneurs’ contribution to the society is diversity in services and products. An entrepreneur can provide various types of services and goods to the customer. For example, a man may like a particular type of purse and perhaps, he can locate it in his local market. Thus, his desire to purchase a purse of his choice is met.

Fourth entrepreneurs’ contribution to the society is international trade. An entrepreneur may promotes to international trade by selling his or her products abroad. All entrepreneurs would like a wider market. If there are more consumers to purchase his or her products, the higher the profits that his or her can