Entrepreneur Interview & Personal Analysis - Essay Example

Comments (0) Cite this document
Summary
Interview of an Entrepreneur Rationale of the Interview Questions Introduction I have interviewed Mr. John Hudson for this assignment. Mr. Hudson is a successful entrepreneur running a small enterprise for import and export of computer hardware. The Edge Technologies is providing innovative hardware solution to the community for the last twenty years…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95.9% of users find it useful
Entrepreneur Interview & Personal Analysis
Read TextPreview

Extract of sample "Entrepreneur Interview & Personal Analysis"

Download file to see previous pages The opportunity is at the center of the process, however, the identification opportunity and its realization depends upon the personality of the entrepreneur and his team. Other important elements of Timmons’s model are technical expertise and experience required to cash on the identified opportunity. The finance and other resources are placed at the last of this model of entrepreneurial process. (Lebherz, 2010, p.16-20) Specific questions were articulated to gain Mr. Hudson reaction on each element of the Timmons’s model. Clutching an opportunity requires a vigilant eye on current issues and openings. First three questions are focused to gain some knowledge of innovative thoughts that help Mr. Hudson to conceive the idea of the Edge Technologies. Because Mr. Hudson is not a descendent of an entrepreneur family, the enterprise realization is a display of his leadership and managerial qualities. The second question is targeted to gain his input on early strategic planning he did to minimize risks and enhance the chances of his success being an entrepreneur. Early shocks of business are a sheer test of entrepreneur courage and character. Third question is aimed at learning about the things that went wrong and posed a challenge to the existence and continuation of corporate operations. This might be very helpful in the assessment of an entrepreneurial character and can provide important insights into the strength of strategic plans laid down in early phases of enterprise establishment. The next section of the interview is aimed at understanding some personal attributes and characteristics of Mr. Hudson personality. This includes his concept of a successful entrepreneur and personal independence, which serves as lighthouse to guide rest of the entrepreneurial activities and forms the basis of other principles. Bygrave & Andrew (2010, p. 52) observes, “It does appear that entrepreneurs have a higher internal locus of control, than non-entrepreneurs, which means that they have a stronger desire to be in control of their own fate.” The success of an entrepreneur is characterized by his attitude, ambition, confidence, knowledge, skills and experience. A variable mix of these personal attributes defines the future direction of the business and decides the way corporate objectives are pursued. Among all the attribute of an entrepreneur that contributes towards the success, the most significant is the knowledge of personal strengths and weaknesses. It is important for an entrepreneur to know exactly what shortcomings he needs to avoid and where he can zoom into his strengths. Some of the questions were designed to gain a professional and technical insight into the business. Despite of the over whelming influence of the entrepreneur on the enterprise, an efficient team is required to materialize and achieve corporate goals. This team marks the difference how risks and financial challenges to the enterprise are interpreted and responded. Moreover, Mr. Hudson’s response on policymaking in the enterprise was sought to catch on his corporate philosophy and decision-making process. The concern of an entrepreneur for his society in this age is considered very important towards the fulfillment of corporate responsibility. Towards the end of Mr. Hudson interview, a question was targeted to get his input on social awareness. The last question was ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Entrepreneur Interview & Personal Analysis Essay - 1”, n.d.)
Entrepreneur Interview & Personal Analysis Essay - 1. Retrieved from https://studentshare.org/business/1437082-entrepreneur-interview-personal-analysis
(Entrepreneur Interview & Personal Analysis Essay - 1)
Entrepreneur Interview & Personal Analysis Essay - 1. https://studentshare.org/business/1437082-entrepreneur-interview-personal-analysis.
“Entrepreneur Interview & Personal Analysis Essay - 1”, n.d. https://studentshare.org/business/1437082-entrepreneur-interview-personal-analysis.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Entrepreneur Interview & Personal Analysis

Entrepreneur Interview & Personal Analysis

...? Entrepreneur interview & personal analysis Table of Contents Table of Contents 2 0Interview questionsrationale 3 2.0Evaluation of the entrepreneur 4 3.0Reflective discussion 8 List of References 10 Appendix: Interview Questions 11 1.0 Interview questions rationale 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...
8 Pages(2000 words)Essay

Entrepreneur interview and PersonalAnalysis

...? Entrepreneur interview & personal analysis Contents Contents 2 Part A 3 Rationale for the Interview Questions 3 Evaluation of the Entrepreneur 4 Part B 9 Reflective Discussion 9 References 11 Appendix 12 Part A Rationale for the Interview Questions The questions prepared in regards to taking an interview of Mr. 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...
8 Pages(2000 words)Essay

Interview with an entrepreneur

...of sustainable business should pay off in the long term. Fahad believes that taking risks is important and even when it could have negative consequences to the business, the benefits do outweigh the negative outcomes and this acts as his impetus for choosing to take risks in business. He says the whole business idea is risk dependent. 3.0 Reflective discussion There are seen individual initiatives and behaviours that could help explain why the entrepreneur decided to create a business (Ardichvili, et al., 2003, pp.105-123). From the above analysis, it can be clearly seen that issues such as organizational skills, self-dedication of the person, resourcefulness, acquired skills,...
8 Pages(2000 words)Essay

Entrepreneur Interview and Personal Analysis

... Lecturer: Presentation: Entrepreneur Analysis Innovativeness The entrepreneur demonstrated innovative traits in his efforts to establish the business. He realized that catering services were lacking in the market and decided to take the opportunity to venture in the business. This is a tactical business strategy that allows a business to establish without competition and to acquire a great market share. The entrepreneur was self confident and started the business ignoring any uncertainties that would be faced after leaving his job as a waiter (Burns, 2011). He asserted that his job as a waiter was well paid, yet he took the bold step of fulfilling his desire to venture in to the business. Ardichvili et al. (2003) observes... that if there...
7 Pages(1750 words)Essay

Entrepreneur Interview and Personal Analysis

...overcome the constraints you may encounter in your operations? 8. How big is your target market? 9. How do you identify your customers or segment your market? 10. Do you have plans to grow further? Appendix 2 Summary of interview with Mr Jones Mr Jones is an entrepreneur and his business is mainly concerned with offering carpet cleaning services particularly to small business enterprises as well as households in his home town. An interview with this business person was recently done in order to solicit for answers related to various aspects of his business. This section is a summary of the responses that were obtained from Mr Jones and they were used in the above...
8 Pages(2000 words)Essay

Entrepreneur interview & Personal Analysis

...? Running Head: Entrepreneur Interview & Personal Analysis Inserts His/Her Inserts Grade Inserts Writer Inserts Date Here (Day, Month, Year) Every business or service organization is run with the contributions of human, financial and material resources which are all managed by an entrepreneur. 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. A decision maker, leader, communicator and a good team player is what an entrepreneur is. This paper provides... an...
8 Pages(2000 words)Essay

Interview with entrepreneur

...? Entrepreneurship Report Executive Summary The concept of entrepreneurship s back to the 1700s and the term entrepreneurship refers to the process of bringing together all other factors of production in a more organize manner to realize certain objectives (Erik, 2011). 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. The reason why these individuals...
5 Pages(1250 words)Essay

Interview with an Entrepreneur

...Interview with an Entrepreneur Table of Contents Table of Contents 2 Interview Schedule and Rationale 3 Interview Summary 3 Reflective Discussion 8 References 11 Interview Schedule and Rationale As will be evident from the current report, the interview that has been outlined herein is scheduled in a fashion that helps unravel the psyche of an individual who has moved from employment to self employment in a bid to put his entrepreneurial skills to practical test. The report is centred on the personal experiences that that are generally gathered when one aspires to become an entrepreneur, and hence the rationale is strictly based on the individual’s views towards the different aspects associated with entrepreneurship. The interview... , as will...
10 Pages(2500 words)Assignment

Entrepreneur interview & personal analysis

...Interview Questions What made you decide to embark on this kind of business? Rachel: Personally, I consider it my passion to be doing arts and crafts, beadworks included. When I was younger, I always made extra accessories that I could give to my girl friends as gifts for special occasions and they have always liked them. When we discovered an opportunity 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 operations all that I have written during my thesis class....
10 Pages(2500 words)Essay

Interview with an Entrepreneur

...An Interview with an ethnic entrepreneur Introduction The president of a startup company called ‘CalBox’ was interviewed. CalBox is basically a shipping company that internationally sends customers’ packages to foreign country. Three Korean entrepreneurs had established this startup company in 2013 but it has gained fame in Bay Area as a friendly pickup service. 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 of the business of CalBox comes from the Korean...
5 Pages(1250 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Entrepreneur Interview & Personal Analysis for FREE!

Contact Us