Essay on Entrepreneurs Are Born Not Made - What Do You Think?

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.

I am always on the hunt for the next big thing. As I was growing up, I was exploring different possible ways to make money. I was driven to buy toys and sell them for a slight profit. These characteristics as a kid helped me develop into an intelligent person. I have more experience with selling products and more confidence to confront strangers than an average teenager. In my Entrepreneurship class, I am learning to build up a small business and market my business products. I have teamed up with classmates to take on the task of investing our money in our business. In this class, I have learned to collaborate with peers to get the most return from our

The common professional skills necessary to succeed in the business world include speaking skill, writing skill, and problem solving skills. Speaking skills are important because they are necessary to convey your thoughts and can even be used to persuade other such as managers and other coworkers. Writing skills allow you to correspond effectively with others in a concise and efficient way through emails or memos which are commonly used in a business setting. Problems solving skills are necessary within a business because you may face ethical challenges or conflicts with other coworkers which require problem solving capabilities.

Well to me it depends on the mind-set of an individual, his/her innate abilities and capabilities. I myself broadly classify entrepreneurs into two types, The Inventors (those who with their discrete and genius intellect pioneer goods and services that never existed) and the Innovators (take existing idea and innovate it with their brilliance). It is the category that defines the set of skills, traits and characteristics suited to that entrepreneur. For example the first type of entrepreneurs i.e. Inventors are revolutionary blended with growth orientation. They want to revolutionize the market or industry and grow at some rate so that their product becomes a necessity e.g. Thomas Edison, While on the other hand

The common professional skills necessary to succeed in the business world include speaking skills, writing skills, and problem solving skills. Speaking skills are important because they are necessary to convey your thoughts. They can even be used to persuade others such as managers and coworkers to believe in your ideas for the company. Writing skills allow you to correspond effectively with others in a concise and efficient way through emails or memos, which are commonly used in a business setting. Problems solving skills are necessary within a business because you may face ethical challenges or conflicts with other

From my upbringings inside my parents’ takeout restaurant to starting my own business, entrepreneurship was destined to not only be a scholastic interest but also my personal passion and life-long devotion. As I grew up watching my illiterate parents move to the United States and build their own small business, I learned the importance and value of engaged entrepreneurship. In high school, I began applying that knowledge in my own venture: an export company specializing in consumer discretionary. The experience fueled my love for entrepreneurship because it taught me how essential it is

(3) Moreover, to obtain his information, a questionnaire was developed which included mixtures of scaled, dichotomous, multiple choice, open ended and rank-order questions. (3) Hisrich findings were divided into four areas; the demographic composition and background of the entrepreneurs, the nature of their business ventures, the skills, and personalities of the entrepreneurs as well as the problems confronted in starting and operating a new venture. (3) In the sample entrepreneurs were between the ages of thirty-five and forty-five; in which sixty percent were married and had children. (3) Forty-two percent were first-born children in their families, and the majority grew up in lower or middle class environments.

Are entrepreneurs born or made? The CEO, Tony Hsieh, had become an entrepreneur at a young age. With starting at a young age in selling earthworms and now becoming successful CEO of Zappos is a great success story still in the making. When watching a YouTube video on how the atmosphere of Zappos keeps its employees motivated to keep working diligently. Everyday at the Zappos estate is an ecstatic event happening according to merchandising assistant, Amanda Wadsworth. “We joke that the environment here at Zappos is happier than Disney”. “It’s this huge family” said by Augusta Scott who is a life coach at Zappos insights Inc. The Zappos family is always having parades, contests, themed events, ice cream, live animals, etc.; the list goes

Entrepreneurship is not an inborn skill; it is a product of environment. It involves a complex of economic and social behavior. To be successful, an entrepreneur has to remain dynamic and responsible to the whole environment. Entrepreneurship can hardly survive under any given circumstances. It can flourish only under right environment. It is a part of total system. The social values, culture, government policies, political system, technology, economic conditions, laws, etc influence the growth of entrepreneurship.

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.

Entrepreneurship education has been lauded as being able to create and increase awareness as well as promote self-employment as a career choice among young people (Clayton 1989; Fleming 1996). The objectives of entrepreneurship education are aimed in changing student’s state of behaviours and even intention that makes them to understand entrepreneurship, to become entrepreneurial and to become an entrepreneur that finally resulted in the formation of new businesses as well as new job opportunities (Fayolle and Gailly 2005; Hannon 2005; Venkatachalam and Waqif 2005). These day, many graduates are unable to get a job upon graduation. Students are now apparently searching for a business education that can help them with the necessary entrepreneurial

Usually, Entrepreneurship skills are obtained to acquire the role of being an Entrepreneur. It is necessary and very important to have these skills and developing them from a young age up until adult life can be very useful.

Being an entrepreneur is difficult. Not any one can be a successful entrepreneur, there are some characteristics entrepreneurs must have to face the challenges and to rise again after every failure.

Entrepreneurship refers to the act of investing in productive capital and assuming risk for productive ventures. An entrepreneur is an individual who purchases factors of production and combines them to produce consumable output. Entrepreneurs are distinguished from capitalists- who rent out capital to entrepreneurs- and workers, who sell their labor to entrepreneurs. Entrepreneurs are indispensable to the functioning of any economy. Entrepreneurs grow economies by creating new output, increase efficiency in economies, allocate society’s resources efficiently, and serve consumers and job-seekers.