Essays on entrepreneurs are born not made

"entrepreneurs are born, Not made" listed by Kuratko & Hodgetts (2004, pp 31 -33).... Are leaders born or made This question could will be asked of entrepreneurs also.... Interestingly, a contrary view is given in '11 Myths of the Small Business Entrepreneur, which highlights the misconceptions under which people tend to become entrepreneurs, these examples, written from the point of view of the entrepreneur tend to reinforce the points made by previous authors....

ome people argue that Entrepreneurs Are Born Not Made, there are certain characteristics that are inborn and no matter how hard one trains they cannot acquire the skills.... And even after starting the business the idea should be constantly monitored, changed and made more effective in relation to the needs of the market.... All entrepreneurs do have an intense desire to compete, they want to make sure that they remain ahead of their competitors which is why they constantly try to innovate and have the motivation to make their product/service the best....

These particular attributes are the essential constituencies of an entrepreneur and their underlying theories become the focal point of the discussion of whether entrepreneurs are born or made.... One definition suggests that, entrepreneurs are individuals who increase economic productivity by shifting resources from an area of lower productivity into an area of higher productivity (Jean-Baptist Say, 1800).... entrepreneurs are individuals who create new business in the face of risk and uncertainty with the objective of achieving profit and growth which they achieve by exploiting opportunities....

Thus, entrepreneurs are looking for innovations for their own purposes, while intrapreneurs must be chosen by an organization and share their ideas with the organizations.... More educated employees with a richer experience were not involved in intrapreneurship though 5% of the interviewers (total number is 32,000) made an attempt to start up their own business (Carrier, 1996).... Before the idea is approved by the company's authority, there are too many steps to be made....

The most plausible answer to this question might be – entrepreneurs are a blend of both, albeit in undefined proportions.... By now it must be very much clear that entrepreneurs are highly ambitious and independent people.... Talking from an alternate perspective, it may also be said that entrepreneurs are necessitated to be “motivated innately, or intrinsically, to learn more as a natural part of their own entrepreneurial make-up and need for personal growth and achievement (that is, following their own natural journey of ‘personal discovery')” (Dana, 2006, p....

Many scholars debate on the fact whether entrepreneurs are born or made?... ome entrepreneurs are born, while others are made.... In my opinion entrepreneurs are born and made.... In some cases they are born having natural skills while in other cases, entrepreneurs are made after learning the rules of business.... In other words, these are born-entrepreneurs: ... entrepreneurs are passionate people who want to control their financial position....

Good entrepreneurs are ever on the lookout for market needs and once they spot a niche, they search for ideas before finally coming up with solutions for societal needs.... entrepreneurs are normally in three categories; change agent, intrapreneur and classic entrepreneur.... Through a business plan, entrepreneurs are not only in a position to come up with outstanding business ideas but are also in a position to balance their enthusiasm in business with facts in addition to recognizing their limitations and ways to overcome them (Covello & Hazelgren, 2006, p....

Prepare a short 2-3 minute PowerPoint justifying why you think they are born or Made (15 mins)Groups debate in the class (30 mins)EntrepreneurBorn entrepreneurial characteristics.... or each entrepreneur, note below ways in which you perceive they have born or made entrepreneurial characteristics.... s you watch the clips, make notes of Born or made entrepreneurial characteristics on Worksheet 2.... iscuss in your group: For each entrepreneur – are they mostly Born or made (20 mins)Choose 1 entrepreneur....

Thus, Luke Pittaway (2011) considers that a consideration that entrepreneurs are born and not made is a false.... However, that is not so, as long as with doing, entrepreneurs are very methodical people who should think of their plans in order to move certain direction in their business.... According to this school, entrepreneurs are taught in the technical functions of management.... While the decision on utilizing certain opportunities is made, it at the same time enables entrepreneur to represent the commitment to the market entry....

A business is not made successful overnight.... Probably, the varieties of personality among the entrepreneurs are just as many as the number of entrepreneurs.... Growth-oriented entrepreneurs are very articulate in their manner.... entrepreneurs are generally very optimistic in their approach of thinking and are opportunists (Keh, Foo, and Lim, 2002).... entrepreneurs are so dedicated and involved in their work that many describe their businesses as their “babies” (Cardon et al....

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). ... By controlling contingencies, successful entrepreneurs are always ready to change to the most sustainable and feasible option.... uring the start-up process, entrepreneurs are always faced with financial constraints.... uring the start-up process, entrepreneurs are always faced with financial constraints....

One thing to note is that an entrepreneur is not made.... More often than not a person is born with entrepreneurial skills, just like some are born leaders and artists.... entrepreneurs are action oriented.... entrepreneurs are opportunity explorers.... entrepreneurs are people who act, people who get things done, often without paying much attention to “the rules.... The reason that entrepreneurs are able to take up responsibilities is that they have self-confidence, they give full dedication to their company and they work hard to achieve the goals they have determined for themselves....

According to Brockhaus (1987), entrepreneurs are high risk takers.... hen there was an emerging demand for vertical blinds and he partnered to work with his in-law, the opportunities made him a successful entrepreneur.... His experience of around 34 years in the business and skills and expertise he earned from product development, management and leadership made him san excelled enterprenuer with such high rank in the GET test.... ‘Great man school' of thought suggests that an entrepreneur is born as he is....

n individual cannot inherit leadership no wonder the phrase, leaders are not born, but made.... Qualities of a winning entrepreneur are in-born; they remain in a person's DNA, and define who the person is in life.... Irrespective of whether a person was born a leader or tries to develop leadership abilities and skills, particular features remain present in every leader.... This paper stresses that it is not easy to have entrepreneurs starting a business until the carry out adequate research and comprehend the specific industry they plan to invest....

149) statement that children of entrepreneurs are more likely to become entrepreneurs themselves.... During the interview, the entrepreneur stated that observing his father made him aware of the benefits as well as the risks of being an entrepreneur.... It can be seen that the entrepreneur had made a clear choice about which segment he wanted to target and how he would position the brand, i.... After managing the new venture for a year and having made a number of important decisions the entrepreneur decided to hand over the day-to-day managerial responsibilities to a professional manager....

entrepreneurs are born or Made According to Shefsky (1994, p.... 2), entrepreneurs are made, they are not born.... Education not only creates awareness among the entrepreneurs but also ensures economic development.... 69), entrepreneurs having little or no prior experience are less likely to succeed in their ambitions....

entrepreneurs are born or Made ... 2), entrepreneurs are made, they are not born.... Successful entrepreneurs are those who keep their words by taking proper actions.... Entrepreneurs usually create such products in which initially a few believe but the entrepreneurs are confident about the success of those products and this belief and confidence often get them to the point of success, which they actually desire.... entrepreneurs are also able to handle all sorts of business stresses confidently....

he victorious achievement in business has made him the icon of modern entrepreneurs.... Three years later he started another recruitment process outsourcing company AMS with the partnership of a Dublin- born woman Rosaleen Blair.... This paper "The Story of a Successful Entrepreneur James Caan" discusses that James Caan, one of Britain's successful entrepreneurs, has gained worldwide admiration by providing international business organizations with outstanding human capital and equity capital support....

entrepreneurs are a special breed of people since many new business fold up annually and become statistics in a warehouse.... Like Bill Gates, what made Steve Jobs pursue an entrepreneurial path blazing all the way to glory?... In this paper, we would analyze how Jobs became successful as an entrepreneur and examine the path he took that made him different from the rest. ... om, one of the first planning decision to be made in starting a business is considering the business structure....

Social entrepreneurs are not content just to give a fish or teach how to fish.... 1) entrepreneurs are “risk takers, implementers, rule breakers, adventurers; or in a word: innovators.... Peter Schumpeter made a great deal of emphasis on innovation as a force that drives forward the efforts of an entrepreneur.... A new business was born.... The paper 'Importance of entrepreneurs to the U.... Importance of entrepreneurs to the U....

While some experts believe that great entrepreneurs are born, others believe that the best entrepreneurs are trained (Pittaway & Cope 2007, p.... While some scholars hold that entrepreneurship is a natural talent that people are born with, others are of a different opinion that entrepreneurship is a process that can be learned and skills can be acquired by interested parties.... According to scholars though, the best entrepreneurs are trained....

The author states that many people believe that entrepreneur are born.... The author also states that various people are born with certain qualities.... Therefore it shows that some entrepreneurs are formed by experiencing different process and situations (Fayolle, 2010).... In this aspect he states that at initial level, would be entrepreneurs are provided with knowledge of mounding gaps between implementing strategies and present market condition....

Many kinds of organizations now exist to support would-be entrepreneurs, including specialized government agencies, business incubators, science parks, and some NGOs.... Despite Schumpeter's early 20th century contributions, the traditional microeconomic theory of economics has had little room for entrepreneurs in its theoretical frameworks (instead of assuming that resources would find each other through a price system)....

Some are born great, some achieve greatness, and some have greatness thrust upon 'em” (Act II Scene 5).... But the credit goes to the self-made individual who achieves success in the area of his choice.... A ‘born' entrepreneur may fail but a self-made entrepreneur will not fail.... An aspiring candidate for entrepreneurship should remove negative impressions from the mind about the statement 'You need to be born an entrepreneur....

entrepreneurs are prepared for challenges.... entrepreneurs are prepared for challenges and adversities, and they have the propensity to take risks.... entrepreneurs are those individuals that find and exploit opportunities by knowing or recognizing things others do not.... It was a combination of unique set of values, unique products, well-trained staff and good public relations that made the business grow so large that she soon had to open a second store (Entrepreneur, 2008)....

Great ideas are born out of creativity, with a broader understanding of a particular phenomenon or aspect of a product leading to a breakthrough in finding what others have not (Gallo, 2011).... In fact, the simplicity of the product and ease of use is exactly what makes people love most about a certain product, Steve knows this, and so Apple has made its products easy and simple to use.... Jobs, while advising young entrepreneurs said, “Go out and get a job as a busboy until you find something you're really passionate about....

This affirms that entrepreneurs are both born and made.... As the paper "entrepreneurs' Personal Values, Compensation, and High Growth Firm Performance" states, no potential entrepreneur would want to fail; all they emulate are successful entrepreneurs such as Steve Case, the AOL founder, and former CEO, or Richard Branson of the Virgin Group of Companies.... With the successes gathered by high-level entrepreneurs who barely attained a high school education in preference of pursuing their life dreams in entrepreneurship, one concludes that their success was inborn due to their youth and relative inexperience....

The researches related to the trait theory concluded that a leader is not made instead he is born as a leader.... Business entrepreneurs are viewed as fundamentally important in the capitalistic society.... Thus, this school of thought suggests that leaders are not born but they have to be developed.... The relationship between the entrepreneur, personality characteristics and values helps explain why some become entrepreneurs and others do not....

Most successful entrepreneurs are born with unique traits the enable them to achieve the impossible.... In general, entrepreneurs are people who on seeing an opportunity will amass and marshal resources with an aim of exploiting that opportunity.... In general, entrepreneurs are people who on seeing an opportunity will amass and marshal resources with an aim of exploiting that opportunity.... Furthermore, most successful entrepreneurs are known to have high mental energy, are optimistic in all situations, are hard working and show resilience and commitment to their work (Nicholls, 2008) ....

(5) entrepreneurs are born: Environment plays a big part in the development and realization of potential where the accumulation of activities, skills, and knowledge over time is crucial.... Any subsequent profits made in the following years were also put back into the business to encourage growth.... In college, I made better grades studying the assigned textbooks during class time than if I listened to the lectures.... The literature reviewed includes the common myths regarding entrepreneurship, common characteristics associated with entrepreneurs, how entrepreneurial behaviour affects business, and Anita Roddick's (of The Body Shop) view on entrepreneurial qualities....

She wants the best Arabic education to be made available to families living in non-Arab regions.... All this made dispassionate of her work and hindered her performance.... One was that of being Arabic, and striving to maintain her identity and roots as an Arab, while the other was the acquired culture of Scotland where she was born and bred.... She was born of an Iraqi father and Scottish mother.... entrepreneurs have burnt desires that drive and influence them in their businesses....

Apart from being passionate, successful entrepreneurs are moderate risk takers, opportunists, visionaries, hardworking, innovative, creative, feedback-seeking, concern for excellence, positive thinkers as well as good negotiators.... Passionate entrepreneurs are normal people who decided to make a decision to become what they want to be.... His love for planes made him develop interest in the aviation industry.... It was determination and concern for quality that made him a successful in all his undertakings....

It is often said that there are born leaders and developed leaders.... entrepreneurs are those persons who seek to generate value through creation or expansion of economic activity, by identifying and exploiting new products processes or markets'(Blundel and Lockett, 2011, p.... entrepreneurs are those persons who seek to generate value through creation or expansion of economic activity, by identifying and exploiting new products processes or markets'(Blundel and Lockett, 2011, p....

In 1898, he made his second car and it was more technologically advanced than the first one.... These are the assumptions made in this theory.... espite of the achievements made by Henry Ford in the motor industry, there still was room for improvement that was later capitalised on by other car companies that later emerged.... One of mistakes that Henry Ford made was running his company all by himself and any attempt of merger was received with hostility and intimidation....

People are born with certain business traits while some traits are shaped by experience, history, and the environment of growth.... His family had a long history made up of bankers, and as such, he was cut for banking from a tender age.... His family had a long history made up of bankers, and as such, he was cut for banking from a tender age.... According to Burns (2011), entrepreneurs can be born or made.... He presented his plan to the regulators and made them understand the logic of the plan....

he paper suggests that first time entrepreneurs are not guaranteed instant success.... Entrepreneurship deals with the changing nature of human behavior and the ability to assess certain opportunities can never be quantified or be made certain.... In accordance with this definition, the main problem that would face entrepreneurs would be assessing factors and characteristics of certain opportunities that would benefit the company.... In addition to this, Baron and Ensley (2006), again, describes the relation of opportunity recognition with pattern recognition that stems from the comparison between experienced and novice entrepreneurs....

uccessful entrepreneurs are self motivated individuals who grab the slightest business opportunity identified in the society.... He has made major contributions in the American economy.... He has made major contributions in the American economy.... The tasks were to be done and later emailed to the group leader who compiled them and made a write up.... His determination and thirst for success made him achieve more and he gave the best services to his customers....

It is argued that entrepreneurs are born but not made however, this argument needs to be viewed objectively.... These characteristics therefore may indicate that the entrepreneurs are born rather than are being made (Welsch, 2003).... To some extent, it may be right that entrepreneurs are born because some of the characteristic traits are peculiar to them however, it is relatively impossible to develop the ability of entrepreneurship until and unless some skills and capabilities are developed with conscious effort....

Mainly, these groups of entrepreneurs are referred to as the superceder as they are capable of withstanding threats and engaging on innovative approaches towards the development of a product that matches new products in the market (Chell, 2004, p.... he theory of high need for achievement documented for by McClelland defines the definite processes embarked on by entrepreneurs highlighting that the prominent entrepreneurs are never satisfied with the development of a specific product despite its performance in the market....

Is the in born quality of a person or whether the qualities can be natured?... Richard Cantillon defined entrepreneurs as a person who tends to buy services at a certain prescribed price with a view to selling it at an uncertain price.... The author of the following paper under the title 'The Challenges Associated with New Ventures' presents the word entrepreneur which has been derived from the French word Entreprendre which means a person who undertakes the prevailing risk o a new enterprise....

Female entrepreneurs are also more likely to offer a product of service which is unfamiliar to the market and has fewer competitors.... Male entrepreneurs are also or more likely to start up technologically intensive businesses, such businesses loose their competitive edge early and have a less geographically localized business but give high returns.... These women stand out to prove that female entrepreneurs are no less successful than males....

They further advocated that entrepreneurs are more than managers in an organisation and so their responsibilities are greater.... The entrepreneurs are responsible for determining and framing the structure of the firm.... Steve Jobs and his friends founded the incorporation with a small amount of US$250,000 in 1977 when these three friends made a computer which was named to be Apple 1 in 1976.... In the year 2000, he was made the permanent CEO of the company....

The paper "Strategies and Decisions of Oleg Tinkov" states that the sought opportunity for the financial institution's business was turned up into a reality by Oleg Tinkov through the follow-up of a simple strategy of continuously striving to reduce cost and an 'accountable policy' for debt.... ... ...

On the other hand, others have also argued that the best entrepreneurs of the world are made and not born with the entrepreneurial knowledge and skills.... This has therefore made entrepreneurial field of business an important field of research to different scholars of the world who have committed their time and resources to try and break down the importance and contributions of entrepreneurship to the world economy today.... Apart from one being born with the entrepreneurial business skills and knowledge, such skills and knowledge can be grown and developed through learning and through different experiences in life of an individual; his or her family background, past experiences such as childhood experiences and even past working have largely been viewed by different scholars as the most sufficient factors that can trigger entrepreneurial ideas in a person (Carr & Sequeira 1090; Drennan et....

These continue to inspire upcoming entrepreneurs and guide the already made entrepreneurs in their operations.... im Rohn's argument that “formal education will make you a living; self education will make you a fortune” according to Mohan (2012) raises the famous question in entrepreneurship: are entrepreneurs born or made?... aser, SA 2007, Are Entrepreneurs made or Born?... This would be a perfect example of born entrepreneurs....

entrepreneurs are noted to be ruthless at times where they dump investments that do not make money and move into other markets.... He writes that entrepreneurs are expected to be passionate about their business but their emotional connection to their businesses should not blind them to realities of the environment.... A study across four European nations, England, France, Scotland and Spain by Tortell and Quiroga (35) shows that young entrepreneurs are more versatile than the older ones....

The idea that more than 50% of every new business venture fails within the first few years deserves to find a solution that will alter these statistics to a more favorable outcome for novice entrepreneurs.... entrepreneurs who took over a family business operated differently from those who had received training to become business owners (Parker & Praag, 2010)....

As with many broad questions, seeking to answer the issue of whether or not entrepreneurs are born or whether or not they are made requires a great deal more research than one might necessarily expect.... irstly, it should be noted that as with any skill set that one learns in life, there are inherently individuals that are born to a natural level of talent in terms of being an entrepreneur.... However, flipping this argument on its head, the reader should note the fact that certain individuals are born with a certain proclivity to playing music, others with a certain proclivity to art, and still others with a certain proclivity to memorization etc....

The research includes theorists that have made a mark in the entrepreneurship management field.... economy has typically been characterized as the harnessing of technology by entrepreneurs working within the large vertically integrated American corporation, at first wholly a private sector phenomenon, and then in cooperation with an increasingly interventionist federal government.... In addition, the business activities of some small and medium scale entrepreneurial entities as well as individual entrepreneurs, working under the management of multinational corporations....

The first public offering of shares by the Microsoft Corporation made Bill Gates a Billionaire in 1986.... For instance, in the year 2011, this company made the largest acquisition ever of 8.... However, it was later reported in 2014 that the company had made a huge loss due to this acquisition of Nokia. ... Bill Gates, presumably, may have had enough finance capital since he worked as a CEO while in Harvard and made enough saving....