An Interview with a Local Entrepreneur
An ‘entrepreneur’ refers to a person who takes all inherent risks and starts a new business or venture of his own. They have strong leadership capabilities with which they lead a business by selecting efficient managerial staff and thereby fulfill their dreams…
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Owing to ethical reasons, animosity has been maintained about the person, and hence his real name has not been used here and is replaced by Jimmy Ferris. But his story of coming into the business and being successful is worth telling. The story shares the difficulty that a person faces in his life, yet moves on to fulfill his dreams. It was truly a beautiful experience to have a chat with him and know about his journey through the business. This may also inspire new ideas, which are waiting to get explored. In today’s world, new and budding entrepreneurs are coming up with vibrant new ideas which are worth noting and considering. This is, however just one story among many. Hackensack is a city in New Jersey in the United States having a population of around forty-five thousand. There are several small businesses in this city which covers different industries, including marketing, agriculture, healthcare, housing, insurance, information technology, manufacturing, and other public sectors. Each business has its own story behind it about the role that an entrepreneur plays, and thus each has a different success story. The story narrated here is that of Mr. Jimmy Ferris (name changed) who was born in London in June 1976 in a family that had histories of business starters. His father was involved in an import-export business and made huge money at one point of time. Jimmy, from his very childhood, was very interested in medicines and so wanted to take up a career in that industry. He also completed his medical studies from a known medical college in New Jersey. Being a very good student, he successfully completed his course and joined a medical college as a junior doctor. When he talked about how he started up his own pharmacy, a story that Jimmy shared was quite challenging. By the time Jimmy was doing well in the medical college where he was serving as a junior doctor, his father’s business started deteriorating with respect to the market conditions and other dealership problems. The markets were becoming vulnerable and his business started failing, which led to severe losses to his company. Ultimately, the business had to be terminated. This affected their lives heavily as the family’s expenses were mainly covered by the income from the business. Jimmy, too, had just started his career, the income from which was not sufficient enough to support his family entirely. All this together had created a situational crisis for the entire family. Jimmy’s father could not take up the shock of loss and failure in his business and suffered a massive heart attack, which led him to bed rest for a long period of time, and according to the doctors, he was not supposed to involve in any kind of stress taking job, if he had to stay well. So, it was clear for their entire family that the man was no more in a position to conceptualize any new business which might hurt his health. Around the end of year 2009, Jimmy started thinking of starting something of his own. He had to support his family. His father was ill, and his mother was trying to support the family by taking up a small job in a fashion garment store. Thus, it was a huge responsibility on Jimmy to take up the lead for the welfare of his family. Jimmy shared his reasons why he chose to start up a pharmacy store or a business in this industry and not anything else. From his childhood, Jimmy always loved to serve ill and sick people. This was also the reason
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An entrepreneur is modelled in different ways and as such, no universal theory has been accepted in explaining the entrepreneurship. There is a greater diversity when it comes to the phenomena of an entrepreneur and therefore; each and every entrepreneur does exhibit different reasons for being motivated to start a business, how he or she handles the challenges and how such a person perceives business.
Thomas Mathews are basically open ended in nature. A set of eleven questions are prepared based on which the interview would be conducted. The questions are prepared in such a manner as to reflect the separate entrepreneurial traits in the interviewee that helped him to gain success in his entrepreneurial venture.
Entrepreneurial behaviour and dimensions have also taken over the description of who an entrepreneur is, how he or she thinks, and how this individual handles his or her business ventures. The feelings and challenges faced by an entrepreneur in the course of doing business also become very important.
Mr. Hudson was interview on Sunday evening and I had prepared an outline for the interview by Friday. Rationale of Questions In order to achieve maximum objectives of the interview it was outlined along the Timmons’s model of entrepreneurial process. A fine mix of several entrepreneurial elements characterizes the model.
In business terms, an entrepreneur refers to a manager or owner of a business enterprise who earns finance through taking initiatives and risks. In order to become an entrepreneur and controlling a business, irrespective of size, requires skills, abilities and such personality traits which can cater to taking up risks and challenges.
The process of entrepreneurship has been used for stimulation of economic growth as well as creation of opportunities for employment. Any person who practices entrepreneurship can be called an entrepreneur (Erik, 2011). Entrepreneurship is associated with so many benefits and many people today tend to be entrepreneurs rather than becoming professionals or engaging in a formal employment.
to take this whole arts and crafts thing to another level, we grabbed it right always, sensing that there is a lot more to making accessories that meets the eye.
Jessica: Yes, this is the one thing we have in common. Me, personally, I found it challenging to really put into
This can be done by setting up and conduct an interview with a local entrepreneur.
Before taking an interview we first have to decide that from which industry we want to interrogate and investigate. Now this
In this version, entrepreneurs are regarded as successful heroes who have overcome all the odds and have turn their dreams into successful business ventures (Sahai, 2008).
The number of scholarships in this case represents a step forward in getting an insight in the scope
They go to customer’s house or where customer wants to meet and pick up packages in person. A number of international students in Bay Area have sent their packages to their hometown through CalBox when they went back to their hometown. Most
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