The study will cover about the personal qualities of entrepreneurs worldwide, in particular, successful entrepreneur qualities and ways to nurture them.
The reason we use Elon Musk in the case study is because millenials are attracted to his projects. People in this age group often show strong interest in renewable energy and making the world a better place (Patel,2017).Elon musk knows this and is providing a more sustainable future through the development of eco-friendly vehicles.Therefore we decided to use Elon Musk in our case study as he is an entrepreneur who greatly impacts millenials and their future which is in relation to our generation.
The traits of Elon Musk we found is based on a business publication.Elon Musk is exceptionally
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It made entrepreneurship a possible, and even desirable, career choice for young Singaporeans.To date, more than 2,100 students have graduated from the NUS programme, and NOC alumni have founded more than 270 start-ups.They have gone on to be successful, the two most well-known ones being Zopim, which was acquired by US company Zendesk for nearly US$30 million (S$42 million) three years ago, and tenCube, a data protection service which was bought for more than US$10 million in 2010 by US security technology giant McAfee (Davie,2017).This shows that the NUS Overseas College (NOC) Programme have been successful in motivating students to start their own business and this students have created successful business.(Compare with godaddy survey)
Figure 7. NUS Start-Up Runway- Incubation programme
Source: Hazel Goh,2016
2.3.4 NUS enterprise
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The facility located in San Francisco's South of Market district provides co-working space and meeting rooms for start-ups. There are also networking events for Singapore and US companies.This places hope to nurture young talents to become great entrepreneurs by providing learning spaces. As more educational institution start to implement similar systems,more students will be able to to take up entrepreneurship and learn from the experience.(Compare with godaddy
Tesla Motors Case Study Tesla Motors is a company that produces and sells automobiles. Tesla is not an old automobile company. Tesla specializes in all electric cars that run 100 percent on battery and focuses on the future. Tesla is looking into the future and realizes that fossil fuels will eventually run out. Tesla is moving toward a zero-emission future for the better.
“If something is important enough, even if the odds are against you, you should still do it.” these words describe Elon Musk’s characteristics for which that I admire. We tend to admire those who inspire us, we try to recreate them in the hopes that one day we could become like them. Over the years we have seen people do the improbable such as, an African-American or a person who has no experience in politics become President of the United States. Most people would agree that there are millions of people who have traits like determination, courage, or confidence that make them “successful”. Once I read the book, “Elon Musk and the Quest for a Fantastic Future” it made me realize that there is one person who completely redefines the meaning
The entire documentary is centered on the lead entrepreneur, Kaleil Isaza Tuzman, and his attempt at balancing opportunity, resources, and relationships at govWorks. As the person who originally derived the idea of paying parking tickets online, he has many of the critical personal attributes of a successful entrepreneur that was noted in William Bygrave’s The Portable MBA in Entrepreneurship. For example, in terms of achieved characteristics and tangible assets, Kaleil graduated from Harvard University and his previous experience as an investment banker at Goldman Sachs gave him credibility as well as superior knowledge on how to raise capital. This is evident in his unfaltering tone and winning smile during his elevator pitch and interactions with various investors. Bygrave also believes that a successful entrepreneur has many behavioral and ascribed characteristics like determination and dedication, which allows them to “implement their venture with total commitment.” Not only did Kaleil resign from a high paying and stable job at Goldman Sachs to devote “all of his time to govWorks”, he also worked
Napoleon Hill (2011) who has been a very popular researcher in the field of business success was analyzing the life of five hundred individuals thereby including people who had tremendous success in business and people who were failing in business. By analyzing the habits and personality traits of people such as Henry Ford, John Rockefeller, Thomas A. Edison, King Gillette, Alexander Graham Bell and many others he was able to find some characteristics that all of these great personalities have shared. In the following sections each paragraph will present a personal trait and characteristic that is by research
Portfolio Project: Tesla Motors Case Study Tesla Motors (Tesla), founded in 2003 by Elon Musk, is an automotive company focused on enhancing Electric Vehicle market by creating optimum performance, all electric, vehicles for every class of consumer (Tesla Motors, 2015). In order to achieve such ambitious goals, Tesla Motors not only designs, but also manufactures, and personally sells the company’s electric vehicles (Hirsch, 2015). As additional quality assurance, Tesla Motors also designs, manufactures, and sells, electric vehicle power-train components, and battery products (Hirsch, 2015). Yet, despite the pivotal role Tesla’s self curated products play in the success of Tesla’s vehicles, the socially responsible company does not privatize Apart from Musk’s concise vision statement Tesla has a truly inspiring mission statement, “At the core, Tesla Motors believes that electric cars should not be perceived as a sacrificial mode of transportation. Tesla Motors has brought the best of both the automotive and technological worlds together by permanently etching the image of electric cars being a step backwards in performance, efficiency, and design” (Tesla Motors, Chiefly, and most apparently, it is the goal of Tesla Motor to generate demand for Tesla vehicles (Andrade, Holloway, Payne, Roy & Sheffield, 2015).
As the Entrepreneurship Institute (Entrepreneurship@King's) commends its one year commemoration, we examine the majority of its triumphs in the previous year and what's in store in the forthcoming year. Since Entrepreneurship@King's was built up a year prior, it has gone from quality to quality, reflected through its different effort exercises and exceptional accomplishments. The recompenses service for Entrepreneurship@King's' Lion's Den Challenge Start-up Competition occurred a week ago in the House of Lords. The Lion's Den Challenge is an activity which offers individuals from the King's group a chance to accept and develop their thought and business. In the number one spot up to the start-up rivalry there were a few business workshops and
abroad. The company provided services to over 50,000 students a year and had revenues of about
I would want to inspire individuals to explore entrepreneurship, due to its multiple applications, and how important it is to our evolving world. In the hopes of creating a successful start up, I hope to bring back my success to the University, and the program. With positivity overflowing, and a dedicated mind, I want to expand the entrepreneurial ecosystem at CMU, to the point where anyone on campus realizes what a hub of entrepreneurship CMU is. By reaching out to not only students, but also staff and faculty, a greater entrepreneurial community can be fostered, and more problems can be discovered. This also can inspire individuals to seriously consider entrepreneurship, and how important it is to economies around the world, and also individual’s creative exploration. Anywhere I would go in the world, I would be sure to make sure individuals know about CMU’s strong entrepreneurial
...ntageous when considering the business exposure and look for their experience in crowd funding community. (4) Provide training and knowledge’s updates required by the SMEs entrepreneur, entrepreneur needs to have acknowledge of the whole system and should have updates on all the latest trends that are there to provide and improve funding to their firm.
Janus Corporate Solutions. (2011) Introduction to Singapore’s economy. Guide me Singapore. Retrieved April 4, 2011 from http://www.guidemesingapore.com/relocation/introduction/singapores-economy
As industry liaison at the School of EEE at NTU, I facilitate industry partnerships and promote entrepreneurship within the school. In the coming months, we will be launching an entrepreneurship ...
I am gratified to reflect on my Entrepreneurial Potential Self-Assessment. I have always enjoyed learning the concepts of running and managing a business. Personally, what I enjoy generally is implying these concepts in real life situations. Seeing the ‘real life’ effects are stimulating to me. I always saw myself running a stable/well- establish business; however, I never saw myself running my own business. For my part, I find that I do not have all the characteristics an entrepreneur should have. Therefore, the results are not surprising, but assuring of what my strengths and weaknesses are.
Most successful entrepreneurs are have a passion for their product or service as well as a desire to solve a problem and make life easier, better, cheaper (10 Qualities of successful entrepreneurs, 2010). Their desire to be an entrepreneur is mostly due to in internal factor rather than an external such as money.
The path to achieving great success is not easy. Whereas there are many shortcuts, the long and patient walk is what takes a person many miles ahead. This concept applies to any individual who aims at becoming a successful businessman. The process of becoming a successful businessman requires a person to attain several accomplishment levels. Each of the level takes energy and time, as well as the ability to recognize the things that make a person truly successful in the business world and life. Becoming a successful businessman requires measurements that take into account not only the monetary and material gains but also the greater scheme of things. Therefore, true success measure achieves in light of creating wealth and value. These factors are vital in the lifetime of success as they present an intangible worth and measurable profit. This essay discusses the way a person can become successful as a businessman.
Being a student of success you will find there are varying traits but consistent ones, that lean toward success. It is your personality, your inner drive that will make you successful. Once you identify those traits, your journey as an entrepreneur will lead to success. Here now is THE list. See what you have and what you will need to acquire to achieve: