Are Entrepreneurs Born or Not?

Entrepreneurship is a term that has reentered the public vernacular over the last few years, many times in reference to what is wrong with America but what it means is rarely defined. Furthermore, it is generally agreed that more Entrepreneurship is a desirable trait but how to go about encouraging it is again a point of contention. This paper will address a specific facet of entrepreneurship and attempt to discover what are the key drivers to foster an entrepreneurial spirit from childhood.

Have you ever wondered who thought about the idea of creating a multinational retail corporation here in America called Wal-Mart? Sam Walton - founder of Wal-Mart was behind that idea. Sam Walton is an example of great entrepreneur who wanted to make his business successful. An entrepreneur needs a variety of skills but does not need to have a formal education. Being an entrepreneur is challenging even if an individual is well educated on the field or has no education at all. There is always the risk conducting business because of the competition with other companies. However, what does an entrepreneur do? Do you have what it takes to be on top the business world and compete ? An entrepreneur must have is a guide to start and run a business even if it is a big or small business.

Gerber argues that anyone can become an entrepreneur and create a successful company, a departure from the conventional wisdom on the question of whether entrepreneurs are born or made. Using a frame work he calls the "Dreaming Room," Gerber identifies four dimensions of the entrepreneurial personality and recommends a pathway to conceive of and develop a small business.with focused attention and the intention of actually achieving something and understanding the market, your core customers, securing capital, preparing financials—those kinds of elements? Every one of those

Entrepreneurs a good ability within themselves, a knowing that they can accomplish may they take their minds as well. Most people in society have a settling mindset; they accept what life deals to Entrepreneurs on the other hand, the ability to see the obstacle in front of them as Markets. to accomplish something great. This is a Major Life-Changing Mindset.

Entrepreneurship can have multiple meanings. Business daily consider it to be a business ventures that shares a commitment to turning an idea into a profitable business (Fernandes, 2016). Bruce Bachenheimer, a clinical professor of management and executive director at Pace university also mentioned "At its core, it is a mind-set, a way of thinking and acting. It is about imagining new ways to solve problems and create value." (Fernandes, 2016). I couldn’t have agreed any more as anyone can come up with an idea but implementing it to produce change in the world is where the real work starts.

Explain and critically analyze unique traits of an Entrepreneur, discuss these related to personal strengths and weaknesses

Entrepreneurship is the process of starting a business or other organization in which the ‘Entrepreneur’ develops a business plan and is fully responsible for its success or failure.

This help leaders and managers to develop personal qualities such as creativity, risk taking and business skills ( Isaacs et al, 2007:616) . A lack of positive expectance always cause a problem in any business. (Albert & Poli, 2004:5), entrepreneurship education is an agent for the development and growth of orientated ventures.

I think that to be a successful entrepreneur one should constantly innovate and be creative. To be able to do that, learning should be a continuous process.According to Mount, debate on whether entrepreneurs are born or made can heat up pretty soon. He mentioned about Bills Gates children launching their own businesses in the future as exposure to the business world seems to have an effect on ones decision in venturing into their family business. However, Mount cited accounts about educators believing that entrepreneurship skills can be taught. (Source: Are entrepreneurs born or made? by Ian Mount (2009) Retrieved: 14 February 2015 from: http://money.cnn.com/2009/12/09/smallbusiness/entrepreneurs_born_not_made.fsb/). We are not a family of businessmen, my father was a government employee and my mother - a plain housewife. I never knew of any ancestors engaged in businesses aside from the being a farmer - during harvest time they would trade crops with other harvest from their fellow farmers. This barter kind of transaction only happens when harvest is more than what the family can consume, this is the only business I could recall from the stories of my parents during our early childhood years. According to business dictionary, a business is an organization or economic system where goods and services are

I think that to be a successful entrepreneur one should constantly innovate and be creative. To be able to do that, learning should be a continuous process.According to Mount, debate on whether entrepreneurs are born or made can heat up pretty soon. He mentioned about Bills Gates children launching their own businesses in the future as exposure to the business world seems to have an effect on ones decision in venturing into their family business. However, Mount cited accounts about educators believing that entrepreneurship skills can be taught. (Source: Are entrepreneurs born or made? by Ian Mount (2009) Retrieved: 14February2015 from: http://money.cnn.com/2009/12/09/smallbusiness/entrepreneurs_born_not_made.fsb/). We are not a family of businessmen, my father was a government employee and my mother - a plain housewife. I never knew of any ancestors engaged in businesses aside from the being a farmer - during harvest time they would trade crops with other harvest from their fellow farmers. This barter kind of transaction only happens when harvest is more than what the family can consume, this is the only business I could recall from the stories of my parents during our early childhood years. According to business dictionary, a business is an organization or economic system where goods and services are

Ideally, a prospective entrepreneur should have adequate technical ability; a working knowledge of the physical operations of the business; sufficient conceptual ability; the power to visualize, coordinate and integrate the various operations of the business into a synergistic whole and skill to manage people in the organization and motivate them to higher levels of

There has been extensive research conducted on the characteristics that successful entrepreneurs possess. These attributes vary widely across literature, however there are common key traits that are required to achieve any form of success. Frederick et al (2013) suggest entrepreneurs are risk takers, optimistic, have sound judgement and an ability to manage. While a review of literature relating to the psychology of an entrepreneur reveals a large variety of characteristics in a successful entrepreneur, these can be consolidated to a a few into only a few traits that are essential for a successful entrepreneur. Whilst taking into

Many people are curious in knowing how to become an entrepreneur or what it takes to be one. For one to do so it requires a multitude of skills, especially to run a business properly. Entrepreneurs need to be leaders, able to manage others properly, and contain a vision. They are innovators of new products, improvements, and help in supplying goods to society, as well advancements and new ideas. To start a business is a difficult process that requires a lot of hard work, something my father knows about, as he has owned his own restaurant for nearly 4 years, and understands what it takes to survive. His restaurant is called Dawali Mediterranean Kitchen located on the north side of Chicago, and I chose to interview him to gain knowledge and experience about the ins and outs of becoming an entrepreneur. Entrepreneurs are some of the brightest minds our world has to offer, in order for one to start a business they need to be prepared to have a plan for their business and pursue a field their passionate about, lead well and put effort into their business, and ensure ethics and motivation even when things are not affirmative.

Ability to establish, run and successfully conclude projects: An Entrepreneur’s key trait is passion and dedication. These abilities help Entrepreneur to be able to create and control a business. Skills like Organization, interpersonal, marketing, management, financing and administration are very important for an Entrepreneur. This is the most important for build self-confidence and avoids risk.

“Who is an entrepreneur?” is a question that aroused many controversies and debates. Among many articles that talks about the entrepreneur and the process of entrepreneurship I will focus on three articles that tried to answer this question or demonstrated the uselessness of the question.