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Essay On Entrepreneurship

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I have much interest in the topic entrepreneurship because I would want to be an entrepreneur. And it is for this main reason and some other inspiring reasons why I am reading this Business Administration course. I have served under people from different backgrounds, I have as well managed materials and led people who served under me in organizations I had worked. I had not meet certain targets set by my organizations, but I had also met and even superseded my target in so many ways with my team and me. I had faced many challenges and also have had many solutions to solve those problems making me chalk up countless successes for my organizations. All these experiences together have built, shaped and moulded me into a strong person who is capable of managing his own organization very well.

Entrepreneurship is defined as the recognition of opportunities (needs, wants, problems, and challenges) and the use or creation of resources to implement innovative ideas for new, thoughtfully planned ventures. ( https://quizlet.com/121427234/management-chapter-1-flash-cards/ ) and anyone who gets involved in the way or process of entrepreneurship is said to be an entrepreneur.

Entrepreneurship is difficult but it is …show more content…

Personality traits apart from the characteristics listed above and the P-O-L-C, play a very importan role in the field of entrepreneurship. Psychologists sort human personalities into five traits, each of which one can score high or low on. These traits are Openness, Conscientiousness, Extraversion, Agreeableness, and Neuroticism. Among these personality traits, “Psychologists say conscientiousness is the best predictor of both personal and professional success. It's also the strongest predictor of leadership in different contexts, including business, government, and school.”

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