Entrepreneur Essays

  • Entrepreneur As An Entrepreneur

    730 Words  | 3 Pages

    “Age is an issue of mind over matter. If you don’t mind, it doesn’t matter.” Mark Twain In the past couple of years, we have seen a breed of very young and ambitious entrepreneurs take over the startup scene and dominate newsflow. The founders of Facebook, Twitter, Amazon, Tesla, Google, Apple and such billion dollar venture all took their entrepreneurial leap in their twenties. Closer to home, Zomato’s Deepinder Goyal, Kunal Bahl and Rohit Bansal of Snapdeal, Sachin Bansal of Flipkart and Ola’s

  • Characteristics Of An Entrepreneur

    930 Words  | 4 Pages

    seem to need to find what works best for them. Entrepreneurs also find themselves in a place of power, and their responsibilities can span across companies and in some cases countries. There are many given traits that are needed to become an entrepreneur. For one, you need to be able to think outside of the box and be creative. Without creativity, an entrepreneur is just a manager who doesn’t have any ideas that will ignite the following. Entrepreneurs also need to be able to deal with a given amount

  • Theories Of Immigrant Entrepreneurs

    1068 Words  | 5 Pages

    Immigrant Entrepreneurs ‘Immigrant’ or ‘Ethnic’ entrepreneur as depicted by R.M Khosa, V. Kalitanyi Are sojourners who work harder, save money, receive limited low cost funding from family member as well social networks and find market opportunities to set up their business in the host communities. R.M Khosa, V. Kalitanyi further puts forward that migration of people defined as the practise of people moving form their indigenous country to live and work in another country. People don’t just pack

  • Characteristics Of An Entrepreneur

    749 Words  | 3 Pages

    CHARACTERISTICS OF AN ENTREPRENEUR There are different traits and skills that an entrepreuneur should possess and to acquire. Just like for Richard Branson, Bill Gates, Donald Trump, and countless other entrepreneurs these traits helps to have a particular advantage if we want to undertake an enterprise. These key ingredients that lead to success, has been observed both in celebrity entrepreneurs and in most successful clients. It has been identified that they all have the following critical skills

  • Disadvantages Of Entrepreneur

    1403 Words  | 6 Pages

    The term entrepreneur typically refers to an independent-minded or innovative business person who is interested in breaking out of the 9-5 environment. Entrepreneurs and small business owners supply our economy with some of its jobs. An entrepreneur can be an artist, homemaker, restaurant owner or an inventor who just came up the latest cell phone application. What defines an entrepreneur is the desire and courage to strike out on one 's own in the world of business, instead of working for someone

  • The Importance Of Entrepreneurs In Business

    1382 Words  | 6 Pages

    Task 1 Introduction Entrepreneurs are persons who manage capital, land, labour, and cost of capital for manufacturing and selling the products for earning profits (Gasparski, 2011). Entrepreneurs indulge in business because they expect to earn high profits from the business. The Entrepreneur is also defined as a person who follows business actions in the industrial world. These persons have a scarcity of resources, yet ready to take risks to earn high profits. As everyone knows that to start up a

  • Characteristics Of A Successful Entrepreneur

    1543 Words  | 7 Pages

    Introduction Being a successful entrepreneur means more than starting new ventures every other day. It means the right attitude towards a business and the determination and grit to achieve success. They should not only set big goals for themselves but also see that they are actually committed to achieving them regardless of the countless setbacks that occur. A successful entrepreneur always has a strong sense of self confidence and a healthy opinion of their skills and abilities. Their personality

  • Entrepreneurs Vs Entrepreneurship

    1566 Words  | 7 Pages

    the university graduates, due to lack of work experience. Not only do entrepreneur solve the issue of unemployment by providing job to communities, they create business locally, they invest and giving back to the communities they operate in. Because entrepreneur businesses are profit orientated, capital invested and creates jobs, governments in most countries have implemented strategies that aim to promote and nurture entrepreneurs. But before government can implement policies that promote entrepreneurship

  • Characteristics Of A Successful Entrepreneur

    1285 Words  | 6 Pages

    The Qualities of a Successful Entrepreneur Starting a business is a lot of work. The hours are long, sacrifices are great, and you are assaulted with new problems and challenges every day with seemingly no end. If you don 't have the constitution to weather these things, your business could implode on you faster than it started. And being successful despite these challenges is even harder,but not impossible. Successful business people have many traits in common with one another. They are confident

  • Entrepreneurs: An Important Role In Society

    1720 Words  | 7 Pages

    There is a saying that “Passion gets an entrepreneur through startup days and the enormous efforts it takes to build a business.” by Peter Diamandis. Which actually means that starting a company is a riveting roller coaster of emotions with tremendous highs, and at times, difficult lows, but one thing that always helps me through the ups and downs is to connect with some of the greatest minds. Therefore, an entrepreneur is an individual who works as an employee, runs the small business and assumes

  • Difference Between Entrepreneur And Intrapreneurship

    1104 Words  | 5 Pages

    leaders the company. Form another hand, Entrepreneurship is "skill in starting new businesses, especially when this involves seeing new opportunities”(Cambridge Dictionary). Mark Zuckerberg the chairman and CEO of Facebook is an example of an entrepreneur. Zuckerberg establishes the company from scratch he had a new idea and worked so hard to accomplish it. Furthermore, the different between Intrapreneurship and Entrepreneurship is that intrapreneurship is an employee of a company and entrepreneurship

  • Role Of Women Entrepreneurs

    1167 Words  | 5 Pages

    Woman constitutes the family, which leads to Society and Nation. Female entrepreneurs make significant contributions to economic growth and to poverty reduction. It is a general belief in many cultures that the role of women is to build and maintain the homely affairs like task of fetching water, cooking and rearing children. But nowadays the status of women in India has been changing because of growing industrialization, social legislation and globalization. With the spread of education and awareness

  • Characteristics Of A Successful Entrepreneur

    904 Words  | 4 Pages

    successful entrepreneur Student X University of the People BUS 3303 Introduction All entrepreneurs are not created with the same characteristics. They come from different area, different social classes with different education, from different family which can have different conviction. But, all successful entrepreneurs must have some skills, traits or characteristics that make them what they are. The most important skills, traits or characteristics that an entrepreneur most

  • Advantages Of Women Entrepreneurs

    814 Words  | 4 Pages

    Rural Women Entrepreneurs: Micro-Enterprises in rural areas can help women to bring their entrepreneurial potential out of them. These small-scale concerns not only generate employment but also enhance capabilities, freedom and productivity of these women. Economic empowerment of these women led to the social independence, family development, economic growth, and ultimately results in national growth. Some of the major advantages that these enterprises develop in women entrepreneurs are as follows:

  • Steve Jobs: Entrepreneur And Inventor

    1106 Words  | 5 Pages

    Steve Jobs Entrepreneur and Inventor Inventor, entrepreneur, and computing genius, are three elements that describe Steve Jobs. Many people know that Steve Jobs was the founder of Apple, but he was so much more. As a well known entrepreneur and inventor, Steve Jobs showed Americans and the world that technology could benefit businesses and day to day activities. Jobs left a lasting legacy as a man who consider others interests as important as his own. The early life of Steve Jobs was also

  • My Ideal Career As An Entrepreneur

    748 Words  | 3 Pages

    Entrepreneurship Career Entrepreneurs are business builders who make their own business. Over time, business owners create corporations where they work with other individuals. This career is important because business owners offer employment to other individuals which helps the economy. A pro of becoming an entrepreneur is that you make your ideas become reality, while leading your business ("Becoming an Entrepreneur”). My ideal career choice is entrepreneurship because I can have flexible working

  • What Is The Difference Between Entrepreneur And Entrepreneurship

    1731 Words  | 7 Pages

    Entrepreneur and entrepreneurship The thought of entrepreneurship was first introduced in the 1700s, and the meaning has evolved ever since. Many simply equate it with starting one’s own business. Most economists consider it is more than that. To some economists, the entrepreneur is one who is ready to bear the risk of a new business enterprise if there is a significant chance for profit. Others highlight the entrepreneur’s role as an innovator who markets his innovation. Still other economists

  • Bill Gates: My Great Entrepreneur

    783 Words  | 4 Pages

    Everyone knows about this well-known entrepreneur, Bill Gates. He is the one who have been inspired and admired by many people because of his successful in life and business skills. He is also became a favourite famous entrepreneur to the whole world. Subsequently, Bill Gates is my personal favourite entrepreneur because of his passion to create new things and make something difference. For examples, the major factor of Bill Gate’s success are, he desire to create something new that can change the

  • Describe The Background Of Elizabeth Holmes Technology Entrepreneur

    1769 Words  | 8 Pages

    Elizabeth Holmes Technology Entrepreneur Q1. Describe the background of the technology entrepreneur and how it influenced the path that he/she took. Is the background of the technology entrepreneur typical or atypical? Born Elisabeth Anne Holmes February 3rd 1984, to parents Christian Holmes IV and Noel Anne Daoust in Washington DC. From the early age of 9 years Ms Holmes showed traits of becoming an innovator and social entrepreneur when she wrote a letter to her father stating, "What I really

  • The Importance Of Entrepreneurship In Business

    1012 Words  | 5 Pages

    contribution. Most new entrepreneurs help the local economy. One important choice that new entrepreneurs have to make is whether to start a business alone or with other entrepreneurs. They need to consider many factors, including each entrepreneur’s personal qualities and skills and the nature of the planned business. The most critical and most important factors that can make an entrepreneur to become a successful entrepreneur are: 1.Willingness to take an action. Entrepreneurs are willing to take

  • Internal And External Factors Of Women Entrepreneurship In India

    1823 Words  | 8 Pages

    freed even at midnight wearing all the jwellary.” That would be the right environment for women entrepreneurs to reach their hights. The position and the status of women in any society is an index of its civilization. According to Pandit Jawaharlal Nehru, ‘When women moves forward the family moves, the village moves, and the nation moves.” Entrepreneurship does not differentiate the sex and women entrepreneurs can improve their gender lot by initialing into entrepreneurial activities. “Women have always

  • Importance Of Education For Entrepreneurship

    970 Words  | 4 Pages

    DATE: August 19, 2015 TYPE OF ACTIVITY: Body PROF A. ALFARO III. The significance of college education to entrepreneurs Rauch and Hulsink (2015) believe that entrepreneurship education could boost the current population of entrepreneurs, thus increasing the growth rate of the economy. (p. 187). In addition, they state that entrepreneurship education should spark the interests and excitement of people toward entrepreneurship

  • Personal Entrepreneurial Characteristics

    1317 Words  | 6 Pages

    Personal Entrepreneurial Characteristics (PEC) of successful entrepreneurs refer to the desired traits, which enable an entrepreneur to do what is expected of him/her and succeed in business. It is the combination of these characteristics that is required to enable anyone to perform effectively as an entrepreneur. Here are ten traits of the successful entrepreneur. 1. Opportunity seeking This refers to the quality that enables the entrepreneur to see and act upon new business opportunities even in situations

  • The Pros And Cons Of Entrepreneurship

    1913 Words  | 8 Pages

    INTRODUCTION: “Entrepreneur is the person who comes up with a business proposal to start a venture taking into consideration the constraints like human resources, cost, demand after studying the whole market and identifying the gap and understanding his own skills and competencies. The whole process altogether is called Entrepreneurship” Any idea that have to be commercialized into a business have to go through a series of steps before it could go live. The person first has to come up with a business

  • Importance Of Agripreneurship

    2121 Words  | 9 Pages

    Index Terms- Agripreneurship, Entrepreneurs, Entrepreneurship Skills, Potential areas, Employment Generation, Poverty Reduction and Agribusiness. Introduction Agriculture in India is dominated by farmers who generally focus on doing the same thing or better rather than doing new things. Entrepreneurship is very important to bring changes in agriculture. Entrepreneurs are innovators who drive change or creating new ways of doing things. Agripreneurs are also entrepreneurs whose main business are agriculture

  • Advantages Of Entrepreneurship In Nepal

    1960 Words  | 8 Pages

    Entrepreneruship antransforming Nepal Entrepreneurship is finding opportunity in a problem. Problems can come in various flavors – the product – too expensive, scarce, difficult to use, slow etc.. An Entrepreneur is ther one who sees the bigger picture by creating opportunities not just for him/her but more importantly for others. The harder this problem becomes, the better the opportunity for someone who can solve it. If you are an engineer, know how to create a device that can generate wind

  • Literature Review On Women Entrepreneurship

    1096 Words  | 5 Pages

    3. LITERATURE REVIEW 3.1. A study in India entitled "Barriers of Women Entrepreneurs: A Study in Bangalore Urban District", has concluded that despite all these constraints, successful women entrepreneurs do exist. Women entrepreneurs have evidently more to ‘acquire’ than their male counterparts. But, the socio-cultural environment in which women are born and raised hinders them. Social customs, caste restrictions, culture restraints, and norms leave women lagging behind men. 3.2. The study has

  • External Threats Of Entrepreneurship

    1523 Words  | 7 Pages

    organizations, particularly new businesses generally in response to identified opportunities.” Schumpeter (1965) defined “entrepreneurs as individuals who exploit market opportunity through technical and or organizational innovation”. For Frank H. Knight (1921) and Peter Drucker (1970) “entrepreneurship is about taking risk”. Bolton and Thompson (2000) have defined an entrepreneur as “a person who habitually creates and innovates to build something of recognized value around perceived opportunities”

  • Role Of Entrepreneurship In Economic Development

    1684 Words  | 7 Pages

    creation of new jobs, in contrast to the belief that most entrepreneurs are those that are out of work or unable to find jobs, but about 76% of the businesses were driven by the desire to pursue opportunities and they employ at least one person. Evidence of creation of new job opportunities Entrepreneurship has helped the economy by innovation, research and development. It has been found that 60 percent of all inventions come from entrepreneurs. New inventions improve the economy by providing better

  • The Benefits Of Entrepreneurship

    2096 Words  | 9 Pages

    The word entrepreneur originates from a French word entreprendre, which means “one who undertakes an endeavour” and later on it was used to refer a person who undertakes a business deal. An entrepreneur is a person who takes a risk and starts a business with a hope to succeed. An entrepreneur also organizes and combines all resources needed to convert the formation to a viable business. According to economist Joseph Alois Schumpeter(1883-1950), “Entrepreneurs are not necessarily motivated by profit

  • Unreasonable People Character Analysis

    1165 Words  | 5 Pages

    The Power of Unreasonable People: How Social Entrepreneurs Create Markets That Change the World for its title. The book is written by today’s two leading social entrepreneurs John Elkington and Pamela Hartigan and published by Harvard Business Review Press in Harvard Business School Publishing, 60 Harvard Way, Boston, Massachusetts. In this book, you will discover how “Unreasonable People” which are the environmental entrepreneurs and social entrepreneurs are changing the existing industries, business

  • The Importance Of Entrepreneurships In Tourism

    3202 Words  | 13 Pages

    entrepreneurship opportunities in tourism. You will also know the various problems of entrepreneurship in travel trade. 1.2.2 Concept and Nature of Entrepreneurships Entrepreneurs play a very important role in the economic development of a country. New economic policies and liberalization methods have helped many entrepreneurs to seek their fortunes, thus contributing to the growth of economy. Entrepreneurship is an act of starting a new business by bringing innovative concepts, generating employment

  • Impact Of Entrepreneurship In Business

    2781 Words  | 12 Pages

      5.1.1 Introduction Nowadays, it has become tough to land a job, but entrepreneurs make it easier with their entrepreneurial activities. Entrepreneurs with their innovative ideas and methods create jobs for themselves as well as for others. They often require more than just their skill set and personal initiative to convert their idea to a consumer product or service. Here, they need the services and skills of other people. For example: Bill Gates and Paul Allen started Microsoft, as a small

  • The Pros And Cons Of Transnational Entrepreneurship

    9425 Words  | 38 Pages

    entrepreneurship study (2006), among all the immigrants, Chinese immigrant have been seen as the most active as entrepreneurs in comparison to the other ethnic groups in the Netherlands, accounting for 15.7% of the self-employment rates among non-western immigrants in the Netherlands in the year of 2003 (Bijl et al, 2005, cited in Ruainovic, 2006, p 22). The phenomenon of transnational entrepreneurs has become inevitable in this fast changing world. It has attracted interest from scholars and literature

  • The Importance Of Social Entrepreneurship

    1378 Words  | 6 Pages

    less succeeds in doing something that received recognition. In this intriguing book, the authors, portray and share an overview on how social entrepreneurs point out systems that exist in a secure but biased equilibrium and transform them into completely different, superior, and sustainable stability. Moreover, a lot of stories about different social entrepreneurs who have transformed, and are transforming, the world for the better have been shared in the book. Social Entrepreneurship has become kind

  • Difference Between Career And Entrepreneurship

    1527 Words  | 7 Pages

    CAREER PATH – EMPLOYMENT Vs ENTREPRENEURSHIP By: Suresh Sapkota Employees and entrepreneurs both play important role in the business community. It is a choice to become an employee or an entrepreneur. Choosing a career is a challenging task which requires a lot of research, passion and motivation. Many young people do not make career decisions; they just follow what comes by to them. Some people end up in careers they had not planned on, dedication and hard work can make them successful. While some

  • Characteristics Of Entrepreneurship

    1455 Words  | 6 Pages

    utilized reciprocally. Entrepreneurs are the one who takes on idea, develop a business around it, manage the business and assumes the risk for its strength .Entrepreneurs need to be sometime effectuate, be cognitively adoptable and learn from failure. An entrepreneur motivation is not simply from personal profit but also from loyalty to products, loyalty to market and customers personal grow, and they need to prove themselves • Characteristic of successful entrepreneurs Entrepreneurs need to be able to

  • Impact Of Culture On Entrepreneurship

    1184 Words  | 5 Pages

    A Cultured Entrepreneur *Siddharth Singh Abstract In today’s world entrepreneurship is gaining importance. Not only in the world but also in India entrepreneurship is fast gaining pace. This has led us to examine the different dimensions of entrepreneurship. Profit making, risk taking, autonomy etc are some of the elements which are associated with entrepreneur and entrepreneurship. One key variable which is often not taken into account is the role of culture and cultural variables in shaping the

  • The Importance Of Social Entrepreneurship

    1001 Words  | 5 Pages

    societies. Entrepreneurship offers new competition, and as such promotes improved productivity and healthy economic competitiveness. Entrepreneurs utilize their activities to be directly tied with an ultimate goal of creating a social value. Entrepreneurs who use their skills for a social purpose often act with little or no intention to gain personal profit. Social entrepreneurs drive social innovation and transformations in various areas such as education, health, environment, and enterprise development

  • Pros And Cons Of Institutional Entrepreneurship

    1565 Words  | 7 Pages

    exist independently. In addition, the theory suggests that an entrepreneur is simultaneously enabled and constrained by the business context in the processes of discovering, evaluating and exploiting opportunities; at the same time the business context is constructed and reconstructed by entrepreneur’s actions (Sarason, Dean, & Dillard, 2006). In this sense, the process of recognizing and exploiting opportunities occurs when the entrepreneur creates “opportunistic environment” based on his or her interaction

  • Impact Of Entrepreneurship On Economic Growth

    1363 Words  | 6 Pages

    who start these businesses are called entrepreneurs. Entrepreneurs can also be called leaders. Entrepreneurs are risk takers.  There are many types of entrepreneurs and each entrepreneur has their own role to play in the economy and they are; 1. Feminist entrepreneur- it’s an entrepreneur who focuses mainly on the needs of women’s values and approaches these through entrepreneurship. Their aim is to improve the lives of women and girls. 2. Ethnic entrepreneur- business owners that belong to specific

  • Pros And Cons Of Entrepreneurship

    1656 Words  | 7 Pages

    of being an Entrepreneur? I. Being an Entrepreneur 1. What Entrepreneurs do: - Entrepreneurs create businesses or own them. - They develop their vision about their business and take decisions to achieve their goals. - As they own their business, they control the money generated by their business. - Entrepreneurs take risks, as they invest money and time in something that might not be successful. - It is usually said that good entrepreneurs know how to measure their risks. - Entrepreneurs find solutions

  • An Example Of STEEP Analysis: Analysis Of Business

    1045 Words  | 5 Pages

    services, cleaning and transport. In this way, small businesses help large companies in the economy stay successful and focus on their key operations. Question three (300 words, 30 marks) According to Longenecker, Petty, Palich, & Hoy (2013), entrepreneurs have to have several qualities to succeed and deal with the many challenges of starting a new business. These characteristics include the following: 1) Being passionate: At the beginning of business there are many tasks to be done. These tasks

  • The Importance Of Entrepreneurshipial Culture In Egypt

    1235 Words  | 5 Pages

    The main aim of any entrepreneur is to gain profit and that is what made competition aggressive in the country, we cannot deny that the entrepreneurial culture is poor in Egypt but still there is a lot of competition in the market that makes the situation a little bit challenging. In many of the developing countries they lack the existence of entrepreneurial culture and that is why the businesses in these countries are not a lot nor strong enough to survive challenges. The developed countries have

  • Importance Of Small And Medium Enterprises

    1450 Words  | 6 Pages

    SME Sector. Besides, to ensure institutional financial facilities under easy conditions Bangladesh Bank has taken diverse steps; like opening of ‘Dedicated Desk’ for SME and ‘SME Service Centre’ in the banks and special facilities for the women entrepreneurs. But reality is that expected outcome has not been achieved so far in this sector. In the back drop of recent global recession and changed circumstances, it has become essential to include all segments of people in the growth process through facilitating

  • Five Characteristics Of Entrepreneurship

    1481 Words  | 6 Pages

    An Entrepreneur is one who finds an opportunity, and transforms the opportunity into a business for which he/ she hopes to make profits. When the characteristics of entrepreneurs are analysed, it seems like they have some common characteristics. These characteristics include risk taking, creativity, taking initiatives, adaptability, flexibility, self-belief, hard work and being independent. Any business is risky. If a person is not ready to take the risk, he cannot be an entrepreneur. For a

  • The Importance Of Entrepreneurship

    864 Words  | 4 Pages

    take on a new business. Entrepreneurs change the face of business while so¬cial entrepreneurs act as the change agents for the soci¬ety, seizing opportunities others miss and improving systems, inventing new approaches, and creating solu-tions to change society for the better. A so¬cial entrepreneur comes up with new solutions to social problems and then implements them on a large scale while a business entrepreneur might create entirely new industries. An entrepreneur is building what is completely

  • Challenges Of Global Entrepreneurship

    991 Words  | 4 Pages

    term used for the entrepreneurs who operate on global level and businesses worldwide. Global entrepreneurship is advantageous as it can also be taken by the corporate know-how and expertise which is available in other countries. As different companies have different labour markets and different set of ideas are present, there can be more variations and more innovative ideas for business products and marketing. Global entrepreneurship creates many opportunities for entrepreneurs to take advantage

  • The Benefit Of Entrepreneurship In Small Business In Oman

    1116 Words  | 5 Pages

    their income. Because there are different responsibility to think about. That also helps to increase the number of employee and reduce the number of unemployment. This report is going to discuss the definition of the entrepreneurship and entrepreneur and how entrepreneur become successful. How deal the challenges to achieve the benefit of entrepreneurship. Finally, one example of successful business in Oman. Omani society is stimulating economic growth and employment opportunities by entrepreneurship

  • Intrerenurship, And Entreprentorial Journey: Sophia Amoruso

    2761 Words  | 12 Pages

    Originally, the word ‘entrepreneur’ comes from the old French word ‘entreprendre’, meaning ‘to begin something, to undertake’. Though the terms ‘entrepreneur’ and ‘entrepreneurship’ sound alike and are sometimes used interchangeably, they actually mean different things. An entrepreneur can simply be described as a person that starts, operates and assumes risk of running an enterprise. Entrepreneurship, however, is the whole creation process of the enterprise, including originality, capabilities,