Entrepreneurs - Essay Example

Comments (0) Cite this document
The prominent definition is proposed by Tomczyk, Lee and Winslow (2012) who suggest that an entrepreneur is a person who operates a new venture and becomes…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97% of users find it useful
Read TextPreview

Extract of sample "Entrepreneurs"

Entrepreneurs Entrepreneurs The debate on the entrepreneurial concept starts from the definition of entrepreneur that is ed to various views. The prominent definition is proposed by Tomczyk, Lee and Winslow (2012) who suggest that an entrepreneur is a person who operates a new venture and becomes accountable for the inherent risks. No potential entrepreneur would want to fail; all they emulate are the successful entrepreneurs such as Steve Case, the AOL founder and former CEO, or Richard Branson of the Virgin Group of Companies. Some of the three critical characteristics of an entrepreneur include focus, creativity and risk-taking. 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 traits?
Tomczyk, D., Lee, J., & Winslow, E. (2012). Entrepreneurs Personal Values, Compensation, and High Growth Firm Performance. Journal of Small Business Management, 51, 1, 66-82. Read More
Cite this document
  • APA
  • MLA
(“Entrepreneurs Essay Example | Topics and Well Written Essays - 250 words”, n.d.)
Entrepreneurs Essay Example | Topics and Well Written Essays - 250 words. Retrieved from
(Entrepreneurs Essay Example | Topics and Well Written Essays - 250 Words)
Entrepreneurs Essay Example | Topics and Well Written Essays - 250 Words.
“Entrepreneurs Essay Example | Topics and Well Written Essays - 250 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document



...? xxxxx No. 12345 ENTREPRENEURS RESEARCH ABC Xxxxx xxxx College Department of xxxx xxxxx 28 April, Table of Contents Contents Page No James Caan: Entrepreneur 03 Madam C.J. Walker: Hair-care Entrepreneur 04 Richard Branson: Virgin 06 James Dyson: Dyson Inventor 07 Anita Roddick: Founder of “The Bodyshop” 08 Julian Richer: Richer Sounds 09 Kanya King: Founder MOBO Awards 10 Sir Richard Arkwright: Industrialist 11 Alexander Fleming 12 Bibliography 13 James Caan: Entrepreneur If some one asks who is the most dynamic and successful enterprenuer of UK right now, the instant reply is James Caan. He is the founder of Hamilton Bradshaw and presently acting there as CEO. The...
10 Pages(2500 words)Coursework

Serial Entrepreneurs: A Unique Breed of Entrepreneurs

... Serial Entrepreneurs: A Unique Breed of Entrepreneurs Introduction A usual matter in the field of entrepreneurship has been the two major kinds of entrepreneurs—the ‘opportunist’ and the ‘craftsman.’ The ‘opportunist’ is driven by a desire for profit and the challenge of building a profitable, successful company, whereas the ‘craftsman’ is driven by a need for independence. Serial entrepreneurs are both opportunist and craftsman; they are a unique type of entrepreneurs (Welsch 239). Serial entrepreneurs take pleasure in the challenge of frequently, persistently, and constantly setting up new enterprises. Numerous entrepreneurs have succeeded in this setting, making the most of the ever more positive, advantageous tax environment... , and...
10 Pages(2500 words)Dissertation

Entrepreneurs Journey

...? Entrepreneurs Journey. Simi Nwogugu is the founder and CEO of 2Hats that acts as a provider of coaching and relatedservices for corporate women. Her business idea was spawned from her experiences and challenges as a working mother, which acted as inspiration to drive her business aimed at helping women like her succeed both at work and in their family lives. After the launch of their company, 2Hats Networks LLC in 2007, the company’s initial concept was to provide services to mothers who were leaving the workforce or off-ramping or re-entering after a period away or on-ramping. Simi’s quest to establish her own company encountered numerous challenges that were not personal but also logistical and other organizational...
4 Pages(1000 words)Case Study

Technical entrepreneurs

...Introduction One of the most popular and indeed most successful technical entrepreneurs of our today is Bill Gates, the man behind the computer manufacturing giant, Microsoft. The victory of Microsoft Corporation is widely known and witnessed by several years. Today, it operates in more than 90 countries in North America, Latin America, Europe, the Middle East and Africa, Japan, Asia Pacific and Greater China (Microsoft, 2006). 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). Profile of Bill...
10 Pages(2500 words)Essay

Female Entrepreneurs

...Female Entrepreneurs over the last decade and management styles adopted Title: The growing number of female entrepreneurs, their management style and how does it differ from their male counterparts. Abstract: The role and responsibility of a business head or leader is not only to lead, but to manage the whole organization effectively so as to make the business a success. Since more and more number of women entrepreneurs are coming up and establishing their own business set-ups globally, the need to have great leading and managerial qualities amongst them has also increased considerably, so that the female entrepreneurs may not only survive in the business arena but also become successful and at par with their male counterparts... . This...
15 Pages(5000 words)Essay


...An Entrepreneur is a person who accounts for turning an idea into a business opportunity. He is also responsible for the inherent risks and the outcome of the venture. Typically, an entrepreneur starts with an idea and builds an enterprise with the idea as the base. Eventually, it is the task of the entrepreneur to manage the enterprise or venture. 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 family are potentially some for the resources that an entrepreneur can approach. Also,...
8 Pages(2000 words)Essay

Social Entrepreneurs

...Social Entrepreneurs as Change-makers Who are Social Entrepreneurs? According to Kickul and Lyons , social entrepreneurs are social innovators that strive to try and add value to other people’s lives through the pursuit of a social mission that is designed to use the tools, processes and techniques of business entrepreneurship. By using the profits that are generated from the enterprise for use in the expansion and promotion of the mission to add value to the lives of other people throughout the society, social entrepreneurs are seen to generally tend to put the benefits that the society stands to gain ahead of their own personal gains. This definition of social...
7 Pages(1750 words)Research Paper

Disabled Entrepreneurs

...Disability and Entrepreneurship: Barriers and Opportunities of Disabled Entrepreneurship Submission Abstract Disability is a major obstacle to successful entrepreneurship. People with disabilities confront numerous difficulties and barriers—personal, institutional, structural, and societal—to employment and entrepreneurship. Many of these barriers are overwhelming and seem insurmountable for many disabled people. However, with the help of local and global organisations, these barriers may be reduced or, ideally, removed. This paper discusses the barriers confronted by disabled entrepreneurs and the possible measures that can be implemented to help disabled people become successful entrepreneurs and gain...
12 Pages(3000 words)Literature review


...Entrepreneurs Entrepreneurship- attributes of entrepreneurs and their role in economy In common parlance, the term, entrepreneurship means to undertake and was derived from French expression, ‘enteprendere’. Broadly, entrepreneurs are individuals who initiate a new business venture or expand and/or modify existing business, organise and manage resources, arrange fund, add creativity in the operations and activities and undertake risk for the purpose of earning profit. The entrepreneurial function explains that to innovate is to recognise and convert opportunities into demand. The entrepreneurs recognise, assess and exploit opportunities in the shape of a new product, new...
4 Pages(1000 words)Essay

Young Entrepreneurs

...BadarAlmhietef Prof. L. Newhook Writing 1120 Young Entrepreneurs March 31, Many young individuals have dreams to make their own businesses as soon as possible. They try to find themselves business individuals. Some of them find what they need and they help themselves, but others cannot and they thing many times for the world and what individuals need. Many youth create something new for the world and for the future. Evans Wadongo one of them who has dream and he wants to achieve his dream to help himself, help the earth and help poor communities. Evans Wadongo is a Kenyan engineer aged 26 years; he has been at the helm of several projects in Kenya, one among them being solar power projects. He is described as one...
1 Pages(250 words)Assignment
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 Entrepreneurs for FREE!

Contact Us