A Diamond Personality Paper - Case Study Example

? A Diamond Personality Paper College Wordcount: 1094 A Diamond Personality Paper Introduction Certain factors playin the realization of success in every business venture whether small, medium, or large. One of these factors include the personality or characteristic of the main player – usually the entrepreneur who makes the decision and major actions within a given organization. This paper will determine the possible characteristics or qualities of an entrepreneur who seeks to achieve his goal. Factors that Contributed to Rodriguez’s Success The success of Oscar Rodriguez, an entrepreneur who ventured on selling diamonds online as middleman between buyer and supplier lies on several qualities he have: perseverance, attention to details, a will to maintain his own income-streaming business, and a discipline to keep things in perspective. This mean that Rodriguez may feel and experience failure and disappointments but he persevered and determined to continue and find ways to address the obstacles such as the unwillingness of suppliers to provide him with diamonds, the discouragement of one supplier about online selling of such a precious commodity, the lack of big capital, and failure in retailing. Perseverance, determination, and the drive to go after something are some of the most elusive characteristics among the majority of people. These characteristics are similar and will be discussed on this portion as one. When an entrepreneur is determined to pursue success in his venture, he is not easily daunted by setbacks or failures but instead learn from them. Many individuals may feel they are losers when negative experiences happen. However, the determined entrepreneur like Rodriguez will not mull on his failure or loss but instead move on and find other possibilities (Marquez, 2007) linked or not linked with his current venture. There are a lot of challenges in every business venture (Fenton and Inglis, 2007) and these never seem to cease. The business environment is fraught with problems and issues including but not limited to capital investment, partnerships, supplier and employee relations, public and social responsibility, image, while keeping the business afloat, and many others (Ghosh, 2008). By adopting means and ways to address perceived and experienced business challenges, the business organization will be able to minimize risks and loses, but not exactly eliminate them. All these are experienced by Rodriguez. But acceptance of the inevitable challenges comes with the venture. Success in a business enterprise does not always mean being at the right place at the right time. It did not take a single shot for Rodriguez to experience success. First, his retail shop closed. Then, the supplier or dealer he approached did not believe in his proposal. His determination to proceed and succeed made the difference. Rodriguez Score on the Big Five Dimensions of Personality I believe that Rodriguez’ highest score on the Big Five dimension of personality is on conscientiousness. He pursued his business plan tenaciously and in complementing order with the other dimensions of personality including openness to experience, extraversion and agreeableness. He was determined to continue the business he started, only on another platform instead of the retail high-street or mortar one. He went online instead and sought the opportunities available for him. Conscientiousness is defined as the tendency to be self-disciplined and acting on self-imposed duty with the aim to achieve something. This is also seen with leadership abilities as conscientiousness also shows a person who work as planned. Rodriguez may at times act on impulse but upon analysis of possibilities for a venture, he sought which should be done and the course of his business venture. He hired the right persons, connected with the willing dealer-suppliers, and pursued possibilities for his venture. Rodriguez showed an openness to experience when he dabbled on jewelry despite his lack of knowledge on it and upon the suggestion of an acquaintance. His extraversion can be seen in seeking out the support of diamond dealers despite his lack of success selling diamonds as a retailer and criticism. His agreeableness was attested by his instructor Howard Freeman who spoke of him well and his claim of caring about his company. It also meant he cared for the people who worked with the company or for him. There is a general consensus that when workers are cared about by their employers, there is a tendency to be more cooperative, giving, and striving for the advantage of the company (Moustafa-Leonard, Wellington, & Gaydos, 2008). Core Self-Evaluation I believe that Rodriguez is high on core self-evaluation because he learned from experiences, mistakes, as well as trends. He listened to others and evaluated on his capacity to apply what he learned from others. I based this on the actual experience of Rodriguez as well as the observations of persons who had dealt with him like realtor Gary Schneider, who observed that Rodriguez was a very ambitious young man and an entrepreneur. His former real-estate instructor Howard Freeman was also expectant of his success. He saw how extremely motivated individual Rodriguez was and he also used a lot of resources. Freeman also noted that Rodriguez has a wonderful personality and a details person. His perseverance and determination all point out to a consistent core self-evaluation – a continuous development of his capacity and existing strengths and weaknesses. Proactive Personality The information about Rodriguez that suggests he has a proactive personality was after he received his Diamonds and Diamonds Grading certification from the Gemological Institute of America and decided he had to move on instead of just getting a salary (as an employee) by 1997. This showed that he has a vision and he knew what he wants. He was not bound by limitations. Personality as proven by several studies, may be inherited as well as developed over time with influence from the social environment (Robbins and Judge, 2009). The same can be said of Rodriguez. The short article did not mention his origins although it was known that he migrated from Puerto Rico. His acquaintances at the community college he attended in Florida, however, were not seen as successful entrepreneurs, too. Instead, he was one among the few, as there are only few business ventures that actually meet a success over standards set by groups or organizations as such. And Rodriguez’ venture was seen as a success. Conclusion Every business entrepreneur adopts attitudes and characteristics that meet the ever-changing requirements of the business environment. For the main character on this topic – Ridriguez – it was found that he has leadership characteristics which includes strong determination, perseverance, and acceptable traits among his colleagues and employees. While these characteristics are not limited, they complement other existing traits of the entrepreneur that help him succeed in his venture. Reference: Fenton, N. E., & Inglis, S. (2007, Spring). A critical perspective on organizational values. Nonprofit Management & Leadership, 17(3), 335-347. Ghosh, D. (2008, Spring). Corporate values, workplace decisions and ethical standards of employees. Journal of Managerial Issues, 20(1), 68-87. Lawler III, E. E. (2007, January/February). Creating a virtuous spiral organization. Global Business & Organizational Excellence, 26(2), 47-52. Marques, J. F. (2007, October). Implementing workplace diversity and values: What it means, what it brings. Performance Improvement, 46(9), 5-7. Moustafa-Leonard, K., Wellington, J. F., & Gaydos, E. (2008). Ethical values in the workplace: Individual values and organization culture. Proceedings of the Business, Society & Government Consortium of the Midwest Business Administration Association, 90-102. Blombert, M.“Cultivating a Career,” The Gainesville (Florida) Sun, May 9, 2005, p. D1. Robbins, S.P. and Judge, T.A. (2009). Organizational Behavior, 13th ed. Prentice Hall, Inc. A Pearson Education Company Read More