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Are entrepreneurs made or born?

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Introduction

ARE ENTREPRENEURS MADE OR BORN Introduction I have been ask to write a report on are Entrepreneurs made or born I have choose this topic because I feel that every important to find out and by research if entrepreneurs are made or born.This was I difficult question. Here are my findings The life of an entrepreneur In pursuit of their dreams, entrepreneurs often work long hours for very little money. But more than by money, entrepreneurs are motivated by their passion to achieve a dream; their reward is the continuing reinforcement of their belief in themselves and the value of their ventures. For me it's the passion for my culture which is my primary inspiration. Recent thinking suggests entrepreneurs are part of a larger group of entrepreneurial people, only some of whom want to start businesses. Virtually anyone can be entrepreneurial by pushing creative limits, trying innovative approaches to work situations and welcoming problems as opportunities. Through this process, entrepreneurial people take control of their lives, gain personal satisfaction and become more attractive to prospective employers. Today's economy rewards the innovative problem-solvers-people who embrace and manage change. Budding entrepreneurs who sell their skills to the highest bidder do so on their own terms, in their own time- and them like it! Worry about job security takes a back seat to the freedom to move on, stay fresh and cherry-pick opportunities. ...read more.

Middle

11. They are totally dollar-driven They are challenge-driven, long-term capital gains. 12. They are power-seekers who need to feel 'in-charge.' Many are this way, but the most successful are just the opposite. The characteristics are evident in both those entrepreneurs that have been running their businesses for quite a number of years and those that started out more recently, the only difference is in the type of business that they are being applied to. So the same Determination, strong self-belief and passion exhibited by Sir James Dyson when he started out with the manufacture of his vacuum cleaner is also exhibited today by a young Entrepreneur in the manufacture of his computer software. The product is different but the characteristics are the same. However there are some explicit behaviors that the entrepreneur has: * Acting with integrity * Strength from na�vet� * Passion bordering on obsession * Self-belief born out of conviction * Common sense and an uncommon sense * Reflection, resourcefulness and resilience Encouragement The family can be one of the biggest influences for a young person starting their business. In a MORI survey of 11-16 year olds conducted on behalf of The Prince's Trust it was found that parents were their biggest influence for major decisions such as determining career paths. However there was a range of other people who had influence: Parents 86% Myself 65% Friends 54% Teachers 50% Other family members 45% People/jobs I read about 35% Careers teacher at my ...read more.

Conclusion

At times the experience may be difficult and the entrepreneur may return to corporate life. Just as often, however, a difficult experience may serve to make the entrepreneur more determined to succeed. Financial errors and Miscalculations Entrepreneurs, like other managers, make financial errors and miscalculations, but they correct most of them before anyone notices. The process of correcting an error and of reacting to the consequences of a bad decision builds fiber in managerial character. It makes the entrepreneur a stronger force in the economy, as well as a more confident leader in the marketplace. True entrepreneurial courage grows through taking control of one's own future, and experiencing the survival of a vision through both successful and not so successful decision-making. Invented With the entire buzz about entrepreneurship these days, you would think the concept had just been invented. Not so. Entrepreneurial people have existed throughout human history, developing countless products and services, from plywood (3500 BC), to eyeglasses (13th century), to photography (1827). In fact, in early North America almost every home contained a business of some kind. Family businesses churned out axes, candles, furniture and butter. And long before Europeans arrived, Aboriginal entrepreneurs developed canoes, weirs (for catching fish), maple syrup and pottery. Inspirational Books - by Philip Jenks Entrepreneurial Finance by Richard L. Smith and Janet A. Kiholm Smith The E-Myth Revisited by Michael E. Gerber Entrepreneurial Success by Robert W Price Starting and Running Business by Fiona Shoop 5/7/2007 Zahoor Niaz HND Business and Management Second Year BIS 0004 Planning And Entrepreneurship Skills 1 ...read more.

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