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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. Research has shown that different aspects are central for one to become a successful entrepreneur. Tomczyk, Lee and Winslow (2012) portend that although personality and motivation (inborn characteristics) affects the entrepreneurial prowess, the factors are, in turn, influenced by adjustable factors such as physiology, family, culture and demographics. Skills and abilities also play a crucial role in the establishment of a successful entrepreneur. It is clear that successful entrepreneur combines both the inborn characteristics such as motivation and personality with gained traits such education and work. This affirms that entrepreneurs are both born and made. The personal attributes of creativity and risk-taking are excellent foundations for a successful entrepreneur. However, strengthening them with education and experience makes a person stand a better chance of being successful. Otherwise, how would a person be successful if they do not combine both
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nition of entrepreneurs, and to distinguish them from other individuals” (Sanchez, Carballo, and Gutierrez, 2011, p. 433). This paper explores certain characteristics and personality traits that are typical of successful entrepreneurs. Different entrepreneurs generally display different types of personality traits.
This is a carefully crafted business venture that encompasses both service and product delivery. The combination and strategy employed by this company is likely to widen the client base thereby increasing its profits. However, there is a catch to this in that it requires strategies and effective marketing decisions to prosper.
Microsoft generates revenue by developing, manufacturing, licensing and supporting a wide range of software products for many computing devices. Other software products include operating systems for servers, personal computers, and intelligent servers (Microsoft, 2006).
Another type of youngsters is the one that thinks that life is too hard to make it on their own and refuse to give a chance to their own ideas and dreams. Moreover they are discouraged by the adults that tell them that their age is definitively the greatest obstacle in their business life and no one would take into account the dreams of a 16 year old.
This study aims to bring out the fact that an escalating number of women entrepreneurs are coming in the picture of successful entrepreneurs across the world, while also making an effort to find out the management styles adopted by them which takes them high on the ladder of success.
Emerging from the Feminist Social Movement in the 1950s, women start to play a vital role to contribute to the building of the society and economics. In a way, they are not stereotype as housewife, nurse or secretary anymore. In the gradually competitive economic environment, women fought their way to prove their ability not only in terms of managing a business organization, but encountering entrepreneurship.
First and foremost, funding is one of the major concerns for an entrepreneur and it is often difficult for a budding entrepreneur to account for finances. Venture Capitalists, Angel Investors and friends and
However, the picture was not all rosy all through – the company had hit the headlines when its user base touched the 29 million mark in mid-2009 and soon nosedived to 24 million within a period of merely six months. At this juncture,