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…
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The choice of entrepreneur was deliberate as the entrepreneur represented the category of ‘ethnic entrepreneur’. Moreover, the success of CalBox showed that one could learn a lot from the entrepreneur about starting business in US as a foreigner.
Yong Soo Jung is the young President of start-up company, CalBox which is into shipping. He interview with the entrepreneur was conducted in two phases. First time neutral place of Korean restaurant was selected so both of us could relax and enjoy Korean food while talking. The second venue was his office at San Francisco so that I could observe how he works. Yong Jung is a second generation Korean American who had got his citizenship by virtue of his birth in America. He was raised in Korea and completed his military service for dual citizenship. He had shifted to America after doing High School and pursued higher studies, opting for Business Administration Major but finally focusing on Entrepreneurship. Though he had wanted to pursue Business administration as it considerably enhances the job prospects but entrepreneurship classes motivated him to start his own business. His role model was Frederick W. Smith, the founder of FedEx whose leadership initiatives helped him to overcome the challenges of monopolistic market and establish his shipping business.
The entrepreneur had started his business while studying business administration along with his class friend, Kevin. He believed that ‘real worlds are really different from what we learn in school’ Language was the major barrier that he overcame by joining language school in San Francisco for six month before starting college. He also focused more on speaking English than writing so that he could communicate effectively with people. He came from business background and saw huge opportunity in the shipping area. The two initial partners both contributed $15,000 each for the purchase
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(Interview With an Entrepreneur Essay Example | Topics and Well Written Essays - 1250 Words)
“Interview With an Entrepreneur Essay Example | Topics and Well Written Essays - 1250 Words”, n.d. https://studentshare.org/sociology/1645214-interview-with-an-entrepreneur.
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 start a business, how he or she handles the challenges and how such a person perceives business.
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 success in his entrepreneurial venture.
Entrepreneurial behaviour and dimensions have also taken over the description of who an entrepreneur is, how he or she thinks, and how this individual handles his or her business ventures. The feelings and challenges faced by an entrepreneur in the course of doing business also become very important.
Mr. Hudson was interview on Sunday evening and I had prepared an outline for the interview by Friday. Rationale of Questions In order to achieve maximum objectives of the interview it was outlined along the Timmons’s model of entrepreneurial process. A fine mix of several entrepreneurial elements characterizes the model.
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).
As such, the rationale behind the interview questions is to gain a clear understanding of the strategies that have been implemented by Mr Jones in order to run his small business viably. There are various measures that have to be taken by the entrepreneurs suck as being skilful in analysing as well as scanning the environment in a bid to establish a gap that may exist where the consumer needs are not fully satisfied by the other players in the market.
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.
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.
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
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