Entrepreneurs are born. This statement by Professor James V. Koch from Old Dominion University, Virginia, USA reflects that entrepreneurs have entrepreneurship skills that are part of a person’s innate traits one must be born with (Kuratko 2014).
Entrepreneur who is born is the entrepreneur that has a family business. The entrepreneur inherits their parent’s business. Inheritance can make a person to be an entrepreneur.
Matter of fact, heredity affects personality and behavior (Daley 2013). Entrepreneurs are risk takers, a personality that not all people have. People’s personalities, which are caused by heredity factor, are different to each other. For this reason, there are people who involve in business and…show more content…
Ivanka is determined to be in the real estate industry, not because her father asked her to do so. Matter of fact, Donald allows his daughter to pursue anything in her career prospect. Once, prior to her graduation, Anna Wintour, the editor of Vogue called her to offer a job. She declined. She was a model; involve herself in the modelling industry, but that is not her passion. Her passion is the real estate industry, not fashion industry. Heredity should play some part in shaping her real estate passion. After gaining experiences by working at Forest City Ratner, a real estate development company, Ivanka returned to Trump Organization. Of course, she develops many of Trump’s real estate projects. However, the milestone of her life of being an entrepreneur starts when she ventures in the jewellery industry. She created a jewellery line, ‘Ivanka Trump’.
2.0 Entrepreneurs are Made
Professor Julian Lange believes that entrepreneurs are made. His statement proves to be true. Entrepreneurship education can produce entrepreneurs. Their parents may not be an entrepreneur, but they can be one, with initiative and confidence.
Howard Schultz is a CEO of Starbucks Coffee Company. He is the one who grows Starbucks, from only 4 stores in 1982 into 16 000 stores in 2011, in 54 countries worldwide (Schultz & Gordon 2011). He is the one who globalizes the Starbucks brand; even awarded among 100 most influential people in the world by Time magazine.
But Starbucks is not