Entrepreneurship Essay

(a) Definition of entrepreneurship.

Entrepreneurship is defined as being able to develop a business from ground to up, creating new ideas that will be part of a profitable business (Brooks, 2015). It is also the willingness or the capacity of an individual to develop, manage or organize a business along with its risk that the business would fail in order to produce profit. An entrepreneurial spirit of a business man can be described as the ability to take risk and being an innovative fellow. (Business Dictionary, 2015). Having a spark of creativity and a passion to change the world in a person’s view point without considering how hard it may become. Being able tackle new stuff without any hesitation due to the risk in failing. Sees the risk

It is the case where sometimes, entrepreneur has no intention of gaining personal profit of some kind. Having the passion of serving the people while using the guidelines of having a business like innovations and its discipline (Dees, 1998). Entrepreneurship acts as a change agent to an organisation by developing new ideas or innovation that can help the support system and creating solutions that will solve social problems.

As for the Heart Foundation, entrepreneur’s that are truly concerned with the welfare of the people of New Zealand had develop ways in order to support the funding’s of the organisation. By developing new ideas or innovation such as using the internet, they develop the Heart Foundation lottery where people can win prizes with the amount of 15 dollars. Donators of the program can help fund the organisation while having a chance to win prizes. An online shopping account was also created so that people can buy stuff which can greatly help the organisation. They also developed the Go Red for Women, it is a program that encourages and empower women to take their stand in taking care of their heart’s health. Raising awareness for the women of New Zealand is the task of the program. It also encourages people to donate in order to fund researchers that tackles

Whereas the change will only be effective if traditional standards and beliefs will be revise, reinterpret the current standards and devoting to new ideals. In most part, majority of people do what they think they are suitable with and stay on it or in other words people will just go on with the majority. The technique here is to find out how to implement and explain the movement of the standards. The focus in here is more on appealing and active guidance. In relevance to the management of the heart foundation, they do involve women in all aspects in the society in regards to age, status in society, ethnicity and etc. to be active participants in heart health awareness, unlike the beliefs from the past that heart disease is for men. Definitely, the organisations put up more a wider scope of services to accommodate more people who are in need of services. Another sample of change from the organisation is by reaching and involving women in most isolated areas in the country to be a huge part of the campaign and services so to avoid disparities (Nickols,