Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
The role in child development essay 250 words
The role in child development essay 250 words
The role in child development essay 250 words
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Recommended: The role in child development essay 250 words
According to Peter Drucker, entrepreneurs are made. This statement was supported by Wilson Harrel that believe entrepreneur are made through education system and joint collaboration between parents and child as well as through government effort ( program pembangunan keusahawanan).
For this question we would like to propose two views from a very professional and well known expert in the field of entrepreneurship who has done their research regarding this particular issue. The first view is from James V. Koch, a board of visiting professor of economics and president emeritus at Old Dominion University in Norfolk, who believe that entrepreneurs are born. His research has shown that critical personality characteristics such as willingness to take risks and the ability to tolerate ambiguity and uncertainty are heritable in his respondent up to 60 percent. In addition he said that the most important thing is to look at the existence of the ability to take risks. He also said that basic biological evidence suggests that there are the existing factors which can triggers someone to be an entrepreneur.
Next, the second view is propounded by Julian Lange is a senior professor of entrepreneurship at Babson College in Wellesley, Mass who believe entrepreneurs are made. He said that his research had shown that two thirds from the 4000 alumni of whom taking core elective courses on entrepreneurship had been affected positively to be entrepreneurs in their future undertaking. He was on the opinion that education helps those people to be more receptive towards entrepreneurship since education is capable to change someone perspective towards personal life business.
In the present situation, we can see that Hussain was born to be an entrepreneur an...
... middle of paper ...
... person to become a successful entrepreneur. Besides that, persistence, patient and has a passion in what you are doing are personality traits which were not possess originally during birth. It has to be developed upon a person grow up. Therefore, it can also be said that attitude is the most important personal characteristic and it can be trained. Quoted by Thomas Edison, a genius is 1 percent inspiration and 99 percent perspiration. Thus an entrepreneur needs to put much effort and with a positive attitude, he or she will become a renowned entrepreneur.
In conclusion, it is immaterial to consider whether a person has ever started a business before, or have started and failed, or come from a non-entrepreneurial family or background. Embrace the positive attitude, perspective and principles will surely make a person to become a successful entrepreneur one day.
entrepreneurship develops within a person are irreplaceable. It’s rare for someone to say that they
Studies had been conducted to look at the different traits of an entrepreneur. Visionaries and risk taking are two characteristics identified by authors (Fisherman, 2000; Covey, 2006; et al) as traits of a successful entrepreneur although there are some (Schultz, 1980 and Brockhaus, 1980) who argued otherwise.
Entrepreneurship is by far the largest field contributing to the world’s economics. In terms of whether entrepreneurs are born or made, my pick would be that entrepreneurs are made. I don’t agree on the idea of entrepreneurship skills are genetic. For people who inherit family business or maybe an empire, those skills are learnt when they were growing up, watching their family members running the business. Being a risk taker sure is something that is just within ourselves but for a person to be able to detect opportunities and the ways of tackling those opportunities are something that meant to be learnt in classroom. Even in schools and universities, these skills are not just been taught theatrically but also the practicality. Students are encouraged to practice their entrepreneur skills before competing in the real world.
It doesn’t take a college higher degree to have an entrepreneurship. Entrepreneurship is a business field that can be learned from everyday life without a formal education.
Like I said, I grew up in a family of successful entrepreneurs. I grew up always wanted to be like my father. I felt as if I had a knack for business and here I am today.
In this section will discuss the origin of entrepreneurs, entrepreneurship, and the last conclusion of whether entrepreneurs are born or created.
Entrepreneurship is a concept that has been around for a few hundreds of years. It is very difficult to get an exact definition of Entrepreneur since many professionals have different opinions as to what the actual meaning is. Arrays of key authors throughout the years have defined the term in numerous ways in regards to the various characteristics/traits that individuals should have. Entrepreneurship was initially acknowledged by an economist named Richard Cantillon (1755) who recognised the essential role of an entrepreneur in economic development. He defined entrepreneur as somebody with the aptitude to take risk and ability to “undertake”. Jean-Baptiste Say (1803, 1815) also an economist specified entrepreneur as the pivot of the economy and a catalyst for economic alteration and
Globally, it is felt that entrepreneurship emerged as a progressive and developmental idea for the world of business, Scott (1986). Hence it is in the consideration that entrepreneurship is the vital ingredient not for the current era of globalization only, but also for the future potential performers for creating diverse opportunities, Mita (2002). Entrepreneurs are identified as creator, innovator
We learned a lot of things in this course, but I think the most important lesson I learned is that it’s not easy to be an entrepreneur. I was surprised to hear in the first class that 80% of startups fail, but after reading The Art of Start and E-myth Revisited I understood why this happens more often than one might expects. Some people start their own businesses for the wrong reason and some start with wrong mindset. I’ve always thought that if someone has a brilliant business idea and hardworking they will succeed and grow their business. However, now I know that there are many things to consider before starting any business. In fact, there are many strategies that an entrepreneur could follow to achieve success, such as know your customers, work “on” the business, and how
Many people dream of becoming entrepreneurs someday. But it made me realize that there other factors that needs to be taken into consideration. We need to ask ourselves are we ready to take the challenge to the outside world. Not everyone have the vision, innovation and creativity to become an entrepreneur. The individual must have a positive attitude and accept the responsibility, have discipline to meet their goals, and take action when the opportunity presents itself. Many prefer a job security and rely on a weekly paycheck, while entrepreneurs will take risks and doesn 't have that luxury to know the amount of their income.
Entrepreneurship is an important aspect of social, economic and community life. It can be viewed as a critical factor to economic growth as well as a way of addressing unemployment (Nolan, 2003).Entrepreneurs are people who are persistently focused on identifying opportunities, they seek to create something worthwhile while taking into account foreseeable risk and rewards associated with the efforts (Nolan, 2003). Furthermore, entrepreneurs are frequently understood to be individuals who discover market needs and establish new business to meet those identified opportunities. The following assignment will firstly discuss the types of entrepreneurship, secondly it will discuss the reasons people become entrepreneurs, and thirdly it will discuss the importance of entrepreneurship.
The entrepreneur is defined differently across many platforms they all share some commonality (Davison, 2008). This commonality consists of certain traits such as risk taking, innovative thinking, and an opportunity-seeking mindset to create, improve or expand a business (Davison, 2008). The entrepreneur functions as a promoter to the generation of wealth (Davison, 2008). The entrepreneur is important for the movement of the market and constant challenge to the status quo, indirectly improving all related business involved.
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.
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:
•Courage- Bravery is an important aspect when transitioning to a innovator to an entrepreneur. Every step they take will lead them to success.