Literature Review On Youth Entrepreneurship
HAPTER - II
REVIEW OF LITERATURE
A. Peter (2004) in his book Youth Entrepreneurship Everywhere explains youth entrepreneurship as a process of turning ideas into opportunities and opportunities into successful businesses through the practical application of one-to-one mentoring model, entrepreneurship awareness-building skills, personal empowerment skills, entrepreneurial/enterprise skills, business planning skills, business management skills, support services availing skills and business improvement skills.
Annapurna (2002) observed that the sickness was a product of low level of entrepreneurship, absence of facilitating environment and disorganized project evaluation process of credit institution. The study pointed out that carelessness
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Badhai (2001) in his book Entrepreneurship for Engineers defines entrepreneur as a person who has already started an enterprise or who is in the process of starting one. The author enlists the characteristics of an entrepreneur in Indian conditions as – need for achievement, risk taking attitude, need to influence others, ability to sense opportunities, positive self concept, level of expectation, initiative, inclination to accept challenges, independent thought and action, problem solving attitude, inclination for searching environment, time boundness, sense of dissatisfaction, result orientation, influence to get through bureaucratic red tapism, financial soundness etc.
Baker (2008) in the paper “Fostering a Global Spirit of Youth Enterprise” outlines the present challenge of youth unemployment and investigates the role that youth enterprise can play in tackling this challenge, before examining the opportunities for public and private sector collaboration to achieve meaningful social and economic change. The paper draws on examples of existing collaborative youth enterprise initiatives suggesting how these may be replicable and
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The author has elucidated the characteristics of a successful entrepreneur at length. According to him, there are many critical factors contributing success such as skills, innovative mind, providing completeness to the factors of production, decision making, creative personality, plan making, dynamic leadership, creator of wealth, self confidence and ambitiousness, risk bearing, and adventurous
Ulta Beauty Case Study
841 Words | 4 PagesWhat are some of the characteristics of an entrepreneur? - Discipline: The number one quality of an entrepreneur is self-discipline - Curiosity: The best entrepreneurs always want to learn more - Creativity - Willingness to try things - Honesty - Do not lie to yourself or anyone that may be helping you What are some of the drawbacks of owning your
Teenagers Work Can Have Downsides By Jerald G Bachman Summary
581 Words | 3 PagesThe article,”Teenagers’ Work Can Have Downsides” written by Jerald G. Bachman, discusses many advantages and disadvantages of working as a teenager. Although, Bachman has good reasonings for both sides, teenagers should be able work. There are good outcomes that come from teenagers having a job, they can learn many useful skills that they can use in the future. They could be saving up money to help pay for college. Having a job can help students become more responsible.
Ted Turner The Sure Thing
412 Words | 2 PagesWriting Prompt: Practice Task II In my perspective, self confidence is the key characteristic for an entrepreneur. It is important, as an entrepreneur, that you are absolutely assertive when making big decisions for your company. Entrepreneurs with high self confidence perform well in stressful conditions. You believe that bigger challenges bring greater rewards and that strong, persistent efforts will lead to success.
Teens Working During High School Essay
775 Words | 4 PagesEvery teen, at some point in their high school career crave money thus leading to the option of possibly working towards getting a job. There are some fair shares of some positives and negatives when it comes to teens working during high school. A teens performance during school might falter or they can be led down the wrong pathway. Teens shouldn’t be working during high school because it can only lead to them facing a situation where they might pick the wrong option and face consequences for it throughout their lifetime.
What Are Some Of The Assessment Tools You Might Use To Career Counsel Someone From Your Specific Population
1245 Words | 5 PagesWhen people are resourceful, they will always entertain new ideas, approaches and possibilities. Entrepreneurship education and experience is an excellent way to drive this home and make young people more resourceful, as are hackathons, leadership activities and organizations. Cultivating resourcefulness as a skill prepares young people for jobs that may not yet exist; in fact, the more resourceful they are, the more likely the next generation will be to create their own jobs - and companies that will create jobs for others. Ambition Ambition changes the opportunity outlooks for a young person dramatically.
The Stereotypes Of Being An American Teenager
777 Words | 4 PagesBeing an American teenager in today's society is the definition of fear. The fear of fitting in, being pretty enough, having enough friends, and having money. As an American teenagers, we see the world as a political scene that will soon turn good into destruction. We also see the world as an ocean full of opportunity. We can work towards anything and achieve any goal with the right mindset and the determination.
Essay Cover Letter For A Job
2070 Words | 9 PagesPage 4 Why the business is entrepreneurial…………………………………..... Page 5 My entrepreneurial skills, attributes and behaviours…………. …….. Page 6 The benefits of entrepreneurial employees………………….
University Students In Malaysia Case Study
1340 Words | 6 PagesEntrepreneurship can helping people to get self-employed. With regard to Northern Region university graduates in Malaysia, this study that they have strong entrepreneurial awareness and desire. The purpose of this paper is to investigate the study of the activities of entrepreneur among university student of Northern Region in Malaysia, namely the family business background, Entrepreneur education, and the interest on business. Initially, we describe the concept of student entrepreneurship related to education systems, education and the interes that lead student to the entrepreneurial
Mark Zuckerberg's Mindset: The New Psychology Of Success
743 Words | 3 PagesDepending on how well a startup did during the year, the entrepreneur is either seen as a “success” or a “failure”. Take for example, the comparison between Mark Zuckerberg and Ryan Heath. The young successor of Facebook generates a stunning sum of $9.32bn in revenue per year, gaining worldwide recognition. On the other hand, the owner of Pace Pictures, Ryan Heath, gains noticeably lesser recognition even though his business earns a significant amount of revenue at $3M per year. However, as Carol S. Dweck states in her book “Mindset: The New Psychology of Success”, the real key to success is the view you adopt for yourself, in other words, the mindset.
Identity Formation (DRAFT 1)
1237 Words | 5 PagesYour life puzzle called Identity Formation (DRAFT 1) Identity formation is a processes starting from experiences and life moments from the past that slowly start setting the pieces to a puzzle constructing your identity. Those moments or vital factors you’ve lived on the past have had a huge influence to your identity today. Some vital factors that influence the formation of your identity is the environment you live in such as your peers, your culture, religion and even your family. Identity formation doesn’t take place from a day to another, it consists of years behind you, involving every moment and every person you’ve encountered throughout your life.
Social Impact Strategy
733 Words | 3 PagesEntrepreneurship Strategy. Directed and monitored students’ progress and performance in consultation projects with small business owners. Students assist entrepreneurs in the field in developing business plans, feasibility analyses, and marketing plans. Students receive valuable experience working with owners in solving and giving recommendations to real entrepreneurial challenges, problems, and
Essay On Youth Unemployment
1146 Words | 5 PagesIntroduction Unemployment is knows to bring many negative impact on subjective well-beings. High rates of unemployment not only caused negative effect on national economy but also greatly affect living standard of people, especially youths. Due to youth 's inexperience and lack of knowledge, many employers refuse to hire them as hiring youths only brings no benefits to employers. This is so as employers have to spend time, energy or even money to train youths before they can cope with their own job.
The Four Themes Of Entrepreneurship
1444 Words | 6 PagesIndividual work After finishing reading the articles, it has to say that it is difficult for me to understand the contents exactly because there are various theories that I never knew before. The four themes, which are entrepreneurship, entrepreneur, identifying business opportunities, entrepreneurial process, are closely related. Different scholars hold distinctive viewpoints of the four terms from the respective angle. I will give my opinion in each theme and then make a conclusion. Theme 1: entrepreneurship Davidsson, P researched the definition of entrepreneurship in two relatively distinct social realities.
How To Become A Successful Entrepreneur Essay
891 Words | 4 PagesAccording to research, most successful entrepreneurs have certain personal attributes in common. They include determination, leadership, flexibility, creativity, self-confidence, passion, and ‘smarts’. Possessing these personal attributes is just a start, executing them properly and to maximum is what we expect from an entrepreneur. Though, you must have a vision and execute it consequently.
Entrepreneurship In The Philippines
870 Words | 4 PagesEntrepreneurship in the Philippines is currently booming and one of the best things a person can do today is start taking action in putting up its own business or acquiring a franchise (Louren, 2017). Entrepreneurship is a state of mind. It is not identified or measured with the type of business a person is in the success of that business but rather it is the total way of life for entrepreneurs. Being an entrepreneur requires distinct personality traits such as having a risk-taking personality, need for achievement, internal focus of control, tolerance for ambiguity and having a type A behavior or striving to achieve more in less time and general competitiveness (Gilles and Mondejar, 2008). Entrepreneurship has been described as the “capacity and willingness to develop, organize and manage a business venture along with any of its risks in order to make a profit” (www.businessdictionary.com).
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