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Entrepreneurs Are Made Essay

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Introduction
I went about on carrying the report on the key learning and recommendations by deciding on what are important factors of being an entrepreneur, the positives, risks and challenges they faced or currently face in the business world, are entrepreneurs made and what can future entrepreneurs of the 21st century do to ensure that they end up successful like entrepreneurs such as Donald Trump, Bill Gates, Mark Zuckerberg and many other successful entrepreneurs here in Australia and around the world.

Key lessons
The key lessons I learned are the following:

- Entrepreneurs are made
Entrepreneurs are made because, not everyone is born with the skills to be an entrepreneur, it is either inherited from family heritage or they acquire the skills to be an …show more content…

Without a plan, it is quite difficult to succeed in the world of the Entrepreneurship. Planning is also a good method used to achieve your goals and can also be used to change certain aspects of your plan, if certain aspects of your plan were the reason as to why those downfalls occurred in the first place. Brain Hill states in his article the reasons as why is planning important when starting a business. o Road Map
“To build your business, a planning process is necessary. For example, if your long-term goal is to make $1 Million by the end of the year, you should have a step-by-step plan on how you will achieve it. When the Entrepreneur is making the plan, it should be done in order as this makes the plan on achieving the goal simplified and the probabilities of achieving the goal is increase with a clear plan. Having a step-by-step plan helps the entrepreneur make a decision on what measures should be taken to ensure that he/she achieves his/her desired business goal (Hill B, 2018)”

o Goal

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