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Today we will look at an important entrepreneur which I would consider a legend. First we will define what an entrepreneur is. We will look at who I choose as the person to research and why. We will also see what economic decision she made that was significant to her success with a detailed example. There are several areas to look into also, such as examples of her managerial economics, her social responsibility and her ethics.

Being an entrepreneur is one of the most challenging and popular things to do. Become an entrepreneur does not happen by accident, it requires discipline, hard work, creativity, characteristics and innovative idea. Many entrepreneurs are often experienced failure, but the real entrepreneur usually can get out from the problem they face and become successful. Arianna Huffington, who is a successful entrepreneur in her state, said “Reading biographies of successful people you admire is a great way to put failure in perspective. There 's absolutely no one who 's succeeded who has not failed along the way”, (Inc, 2013). Based on Vinnedge (2010), Huffington has been facing failures

Entrepreneurs are hard working, innovative people who enjoy taking risks. They accept their failures and work back up to success. When they fall hard to the ground, they rise back up to the top with another new invention. There are countless of thriving entrepreneurs in the world today. Two of the most well known entrepreneurs are Thomas Edison and Steve Jobs.

Starting a business is the latest trend. Just take a look at Instagram. Several profiles have the caption ‘Entrepreneur’. At this very moment, there is someone, somewhere working on an idea, a business plan or launching a startup. Entrepreneurship is on the rise like never before. The flexibility and independence that comes with being one’s own boss is attractive and worth taking the leap in starting a business. However, most people don’t know that being an entrepreneur is a grueling journey that can be very lonely and stressful at times. According to the Small Business Administration (SBA), 50% of businesses fail during the first year. Starting a business can be a scary task, but the

Becoming an entrepreneur will be very exciting journey; from the beginning till the development and realisation of one's product or service.

Entrepreneurs come from all over, of many different types, with many different talents and many different dreams. Not everyone, however, whom owns a small business, is an entrepreneur. We have a dream and we attempt to pursue it, yet end up finding ourselves working twice as hard attempting to make it work because we only trust ourselves. You go into business for yourself but spedn so much time working on the product and doing the chores that you lose sight on the business itself. In fact, according to Gerber, only a select few are true entrepreneurs and for the others it may have existed for a short period of time. From a newcomer’s perspective, one would think of course if they own their own business they are classified as an

Entrepreneurship is a highly sought-after career these days. Every second person today wants to be an entrepreneur today. There are various reasons for the increase in the number of people who choose entrepreneurship as a career option. However, that is not something we are going to discuss in this article. This article is in fact about the things you need to understand that can help you t decide if entrepreneurship is actually the right choice for you. As with most things in life, there are pros and cons of being an entrepreneur. You really need to check them out and make an evaluation considering the risks involved and the practical approach that you will have to take to make it a successful career.

Entrepreneurship is a term often used to describe a person who owns and operates their own business, but the 2009 World Economic Forum report describes it, “The pursuit of opportunity beyond the resources you currently control” Stevenson (1983, 1985); Stevenson and Jarillo (1991) and the 2008 European Commission published a framework definition derived from representatives from ETF, GIZ, ILO, UNESCO and UNEVOC that states, “Entrepreneurship refers to an individual’s ability to turn ideas into action…”. But no matter how you define it, the most important skills, traits, and characteristics needed to be successful are vastly analogous. Along with this week’s reading, I conducted internet searches for the top characteristics, traits, and skills for entrepreneurship and my findings were surprisingly similar. The most common result that I found was determination (willpower, self-discipline, drive, motivation). In this submission, I will identify a successful entrepreneur and describe the their type of innovation or business, what characteristics or traits they have, how they got started, and what they did in order to become and remain successful.

The following essay will describe my personal interpretation of the Entrepreneurship Forum, conducted on October 16, 2015 at California State University, Monterey Bay. The forum focused on four specific speakers and their journey as entrepreneurs. The below paragraphs will describe the general emphasis of each speakers entrepreneurial story, including the challenges and rewards from their experiences. The paper will then conclude with the lessons I found most important, and whether or not the speaker’s stories have made me more inclined to be an entrepreneur.

Being an entrepreneur is the dream of many, but as most people who try it, know it is not an easy task. “The simplest explanation for the failure of business is that it ran out of money” (Kurowski, 1997, Para 2). Whether it be understanding the market, preparing a full plan for business, or knowing how you will advertise, you must be knowledgeable in your field of work. Most people attempting to start their own business fail to realize this and will fail within their first year of work and shut down as a result.

Entrepreneurs start businesses. The depiction of entrepreneurs in the media often differs to the reality of who they actually are. Most people would describe entrepreneurs as “heroes who stand alone” or someone who is “very special”, (Shane, 2009, p.40). This isn’t actually the case, as the common entrepreneur isn’t necessarily someone who starts a huge conglomerate. A typical entrepreneur is instead likely to be a white male in his forties. (Shane, 2009, p.40). The standard business start-ups are extremely ordinary (Shane, 2009, p.64): they are not

There are different groups of entrepreneurs, those who talk about their great ideas but never get started or give up at the first obstacle and those who are on an unstoppable quest to get things done.

It can be argued that entrepreneurship is the backbone of our technological society, and keeps reinventing the way business is done. Each new company provides a different perspective as to how business should be handled. They also provide a very large portion of the new products that change the way we live our day-to-day lives. However, due to the risks involved in starting a new company it takes a certain "entrepreneurial spirit" to successfully launch a new business. This paper will step through the entrepreneurial process by examining two separate entrepreneurs and their reason for becoming entrepreneurs, why they chose their industry, how they obtained funding, their first customers, and the pros and

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.

While it may seem counterintuitive to strike out in a different direction and into unfamiliar territory, that trajectory puts one into a position of learning, being open-minded, and relying upon others for help. Those ingredients contribute to a recipe for entrepreneurial success because they force one to evaluate the entire business system from a new and fresh perspective. And they set the stage for working on the business without having to actually be physically in the business on a day-to-day basis. That premise of designing a business that works for its owner – rather than the owner working for it all the time – is vital for becoming a real entrepreneur versus becoming simply the most important employee of one’s own selfemployed venture. Those who understand that fact can rise to the next level of entrepreneurship. Level Two: The Managerial Perspective Those with a managerial outlook are often in a great position to succeed as entrepreneurs, expect for two big misconceptions that lead to massive problems. Many managers believe that if a business is not working, the solution lies in hiring more employees. They throw extra bodies at the problem, but this only aggravates the situation because it fails to address the underlying root cause of the difficulty or lack of profitability. Another