Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
Character traits of entrepreneurs
Character traits of entrepreneurs
Character traits of entrepreneurs
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Recommended: Character traits of entrepreneurs
From hashtags and likes to tweets and retweets, social networking giant Twitter has now grown to become the tenth most visited website in the world. Born on 19 November 1976, Jack Dorsey grew up in what many would consider the typical American family in St. Louis. Having grown up with a speech impediment, Dorsey generally avoided communicating verbally with others, preferring to keep to himself. As he got older, Dorsey slowly began to take an interest in coding, and was able to teach himself to code in C through watching programmers on Internet Relay Chat (Max). After attending Bishop DuBourg Catholic High School, Dorsey quickly enrolled himself in the University of Missouri-Rolla, majoring in computer science and math only to transfer to New …show more content…
One main idea is that entering a life of entrepreneurship is definitely not easy and will involve many ups and downs throughout the process. Dorsey was able to overcome this by taking chances and gambling on his luck, hoping for the best. In fact, his entire professional career that has made him the success that he is now was all because of a series of fortunate events! If it wasn’t for the fact that his Web-based dispatch company failed, his decision to take on fashion design in San Francisco, his lucky encounter with Internet entrepreneur Evan Williams, and Dorsey’s lucky break that Williams needed coders in his company, Dorsey would have never came up with the idea of Twitter or have had the funding to create Square, Inc. This clearly shows that taking risks and betting on chances is an important part in entrepreneurship. I also learned that it requires a variety of different behaviours and attitudes to make a successful entrepreneur; using a different behaviour or attitude to face different scenarios. In Dorsey’s case, despite being “deeply hurt” (Max) by Williams decision to replace him as CEO of Twitter, he used a mature behaviour to assess the situation and a positive attitude to look towards the future. After realizing that Square, Inc. was competing against major companies such as Apple and PayPal, …show more content…
Some of these skills include my ability to make decisions, my adaptability, and my initiative. All entrepreneurs need to make decisions, it is the only way that they are going to achieve anything in their venture; they cannot rely on others all the time to make decisions for them. As a member of many leadership clubs and councils within the school community, I am often tasked with making decisions through the process of listening to everyone’s opinions, reasoning with others, and going with gut decisions. This was seen specifically in the Yearbook Committee, where tough decisions were constantly being made by me—such as whether or not content should be included in the yearbook or whether or not specific pages should be published—that have certainly led to a better outcome. Adaptability is also one of the most important skills that an entrepreneur should possess; nothing in life is ever perfect and entrepreneurs should be able to adapt on the fly without losing faith or perseverance. I show adaptability by always keeping a flexible schedule in life and ensuring that I have a high tolerance for the events that happen in my life. By having a flexible schedule, I can prepare for change at any time, allowing others to work well with me. By having a high tolerance, it allows me to be accepting of other people’s opinions and willing to move away from
Before taking the StrengthsFinder® assessment I didn’t know what type of leader I was, but I felt I had leadership traits that I could not describe. After answering several questions from the Clifton StrengthsFinder® 2.0, I found out my top five strengths. These strengths consist of individualization, arranger, learner, input and responsibility. The purpose of this paper is to go over my top five strengths to talk about which four domains of leadership these strengths fall under, how class material is applied, and the actions to best utilize my strengths.
I develop multiple skills and abilities from various experiences, especially leadership and communication skills. When I took the accounting information system class, I was the leader of the group project, which was to lead and assign group
Have you ever wondered what it takes to be successful? Some people are not born into success or wealth. Many successful entrepreneurs had a vision they turned into reality. Samuel Truett Cathy is one prime example of a man who lived out his convictions. An inventor of the beast-of-chicken sandwich, mall counter service in the days before food courts and Sunday closing as a policy, Truett Cathy celebrated his 80th birthday in 2001. Many might think of him as a true modern-day role model and hero. Some sees him as the Chick-fil-a man. From his book “It’s Easier to Succeed than to Fail”, Cathy represented a real-life case history showing that a determined and energetic entrepreneur can overcome anything. Cathy stated, “ The secret to success is not secret at all. It is very obvious, but we are too often blinded to the truth.” (Cathy, p. 191)
In the business world you need to have the ability to adapt with the skills listed below. This would include listening skills, assertiveness, negotiable skills, ability to handle criticism or feedback both good and bad. The ability to persuade and interview potential clients, customers, partners & employees.
Steve Jobs wasn’t always a computer whiz; he developed it over the course of his childhood. Born on February 24, 1955, Jobs was put up for adoption by University of Wisconsin students. He was then adopted by Paul and Clara Jobs where he grew up in Mountain View, California. His father was a machinist for Spectra Physics, and his mother was an accountant (American Decades 1). Initially bored with school, Jobs developed his first real interest in technology when he visited the Hewlett-Packard plant in Palo Alto on a school field trip in high school where he had his first encounter with a desk-top computer. After getting assistance from the cofounder of Hewlett-Packard, William Hewlett, on a school project, Jobs got a summer job at the plant. There he met future cofounder of Apple Inc., Steve Wozniak. They started working on pr...
...nderstanding and reader comprehension. In future, I could well apply methods and skills to manage conflicts if I confront with difficult situations. Similarly, studying different leadership models of characters in cases is a good way to developing my leadership skills.
The two areas that best reflect my strong suits are respectful and inspiring. (Steadiness) Respect should not be taken lightly and people want others to show them that they are important. I am not the one to belittle, talk down to someone, embarrass the other person, or not acknowledge someone because they are not like me or do not hold a certain position. People respond in a negative manner and become very defensive when others treat them in any of the ways previously mention. I look at how I want others to consider when speaking and interacting with me. That is the way I have to try to handle myself when dealing with others. Taking calculated risks is what I do best because I cannot stand losing too much if the results do not outweigh the risks involved. I am also very critical on myself and can point out faults in a heartbeat. I have to analyze future actions before I act on anything because I do not want to go wrong or too far away from initial path. Repeating myself or actually running through multiple scenarios takes up a lot of time. Being overly critical on myself will eliminate some of that time that I cannot get back.
Two strengths I learned during my Self Awareness assessment were being a good listener and showing loyalty. I really try to be a good listener in all situations. I like to hear the whole story or complete process in whatever it may be. I am cautious about making decisions without having all the details. I don't mind taking the time out to get the details. Yes, it may take some time up front and may not lead to a quick decision but in the long run it prevents mistakes and errors as well as misjudging which can lead to more heartache and pain down the road. Loyalty is also very important to me in the work center. Knowing that you are devoted and committed to the success of the organization will motivate your people to do the same. They also need to know that they can come to you with a problem whether it is personal or work related. This will allow them to be more open to bringing problems to your attention that could later have a disastrous effect on the organization in the future. Both pers...
There has been a large amount of attention paid to the subject of entrepreneurship in the last few years; mainly because most people have chosen to go from working for somebody else, to be their own bosses and work for their dreams. Nevertheless, many still wonder what is entrepreneurship and what is that sets entrepreneurs apart from other regular business owners. At first, it seems both concepts do not differ much from each other since they both start up and run businesses and assume risks to pursue opportunities; however, there are certain traits that difference them.
Conclusion: In conclusion, as Steve said "I’m convinced that about half of what separates the successful entrepreneurs from the non-successful ones is pure perseverance" that the secret of success. The person who wishes to success, he should recognize his weakness and formulates a plan to overcome them and he must have a clear goal for life. What's need is an idea put into action followed with proper planning and persistency.
Driven by an intense commitment and determined perseverance, entrepreneurs work very hard at what they do. They excel and want to win. Entrepreneurs are amazing people with a high respect of character. They use their mistakes as something to learn from rather than a failure. No matter the outcome, they believe in themselves and have an extreme confidence not only in themselves, but also in what they do.
In the documentary “Call of the Entrepreneur,” three successful entrepreneurs, Brad Morgan, Frank Hanna, and Jimmy Lai, are presented to explain their views on entrepreneurship and in turn leadership. Brad Morgan is the owner of a million dollar dairy and compost company, Frank Hanna is a merchant banker in New York City, and Jimmy Lai is the founder of Giordano department stores and Next Media. A central theme of the documentary is how each of these businessmen displays the characteristics of persistence, patience, and perseverance to overcome frustrating obstacles and become successful. The film defines entrepreneurship and explains how the entrepreneur responds positively to consumer demands and is able to organize and direct others toward a goal only the entrepreneur can see. The film shows that though some entrepreneurs are driven by greed and some are not, the ones that are successful are answering the needs of consumers.
Decision Making Insights. I will be most successful when I have all the information necessary for decision-making, as my dominant cognitive styles are planning and knowing. This approach does not leave room for ambiguity and stifles flexibility and creativity. Consequently, I thrive in established organizations that value hierarchy, procedures, and open communication, because they assist my natural cognitive processes. (Pearson Education, 2016)
Successful entrepreneurs have a clear image of what they want their future to be like. They hold a clear picture of the direction the company should take and have a clear plan of how they will make their vision a reality (9 essential traits of successful entrepreneurs, 2013)
The skills approach to leadership focuses on what a leader can accomplish. Katz (as cited in Northouse, 2013) identified two skills for lower level managers. The skills are is technical and interpersonal proficiency demonstrating the ability to work with things and people. Katz included a third skill, conceptual, but stated its relevance to high level managers. Petkevičiūtė and Giedraitis (2013) concur with Katz that first level managers 1) run day to day operations which need less conceptual skills and 2) technical and human skills are critical for business success. Thus, conceptual skills are not part of the discussion on skills. The skills most applicable to the managers’ position will be discussed.