Introduction to Entrepreneurship Essay Example | Topics and Well Written Essays - 1500 words

Introduction to Entrepreneurship - try out ExampleHe or she does so with the drive to get profits, but they must also be b overaged enough to bear the risks that go with doing backup. An entrepreneur may have employees or may last independently. What inspires me to Learn from Successful Entrepreneurs? What inspires me to learn from successful entrepreneurs is the qualities they posses that makes them successful. Their characteristics include creativity, dedication, determination, flexibility, leadership, passion, ego-confidence, and smarts (U.S. Department of State/Bureau of International schooling Programs, 2012, p. 2). Creativity this is the driving force behind invention of impertinently products or creating new ways to do business. Successful entrepreneurs possess this quality and by looking at what they did you can come up with your feature invention or improve on what they did. Sisamos, the admiter of Engino.net Ltd, says that the beauty of being an entrepreneur is tha t you create your own destiny (European Commission, 2009, p. 55). Dedication It is what makes the entrepreneurs to work hard. Looking at successful entrepreneurs, they are always working. They created a new idea and they have to make it work. Looking at their lives, you can gauge yourself if you are ready for the undertaking. intention this is the inbuilt desire of an entrepreneur to succeed. He or she is not discouraged by failure and persistently keeps trying until he or she succeeds. Learning from them is of great value because it encourages one not to give up in the business undertaking. Flexibility this is the ability to respond to the changing market trends. Learning from the lives of successful entrepreneurs, you leave alone find that some of them at one time had to change products/ services or introduce new products /services. Their success story prepares you for any eventuality when starting a business and to be prepared for change. furore successful entrepreneurs have t he ability to convince others about their vision. They are focused, and it is important to look at their plans in order to become a successful entrepreneur. Self-confidence successful entrepreneurs believe in themselves. They plan soundly to reduce uncertainty and risk. They listen but they are not easily swayed. This is a character that is admirable among the entrepreneurs. Smarts this is a combination of common sense, knowledge, and experience in a similar or related business undertaking. The main contributors of smarts are employment, skills, and education. We can learn a lot from the smarts of various successful entrepreneurs. To me, entrepreneurship is a commingle of many elements however, one has to be inventive in order to venture into this field he or she has to do a thorough market study to see what lacks in the society and come up with an economic activity that will help close that gap. An entrepreneur is majorly a creator and also a destroyer by creating a new way to do things one may render old methods obsolete. He or she would have helped one group while rendered another group jobless. Biography of Anita Roddick In this biography, I am going to look into the life of Anita Roddick and single out the entrepreneurship characteristics in her. These characteristics include creativity, dedication, determination, flexibility, leadership, passion, self confidence, and smarts. Anita Roddick was born in Littlehampton in 1942 (Bio, 2012). Her