BTEC Level 4 HND Diploma in Business Unit 9: Entrepreneurship and Small Business Management

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Qualification BTEC Level 4 HND Diploma in Business
Unit number and title Unit 9: Entrepreneurship and Small Business Management
Submission date 5/5/ 2022 Date received (1 st submission)
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Student name Tran Thi Gia Khanh Student ID GBD 201
Class GBD 0906 Assessor name Vo Cong
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TABLE OF CONTENTS
INTRODUCTION ................................................................................................. 6
ANALYSIS ........................................................................................................... 6
I. KEY ASPECTS OF AN ENTREPRENEURIAL MINDSET ..................................... 6
1. Characteristic traits and skills of successful entrepreneurs that
differentiate them from other business managers ......................................... 6
2. Aspects of the entrepreneurial personality that reflect entrepreneurial
motivation and mindset ............................................................................... 11
CONCLUSION ................................................................................................... 18
REFERENCES .................................................................................................... 19

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INTRODUCTION
The following paper will discuss "entrepreneurial thinking" in various corporate situations to foster
entrepreneurship. It will also be explicit in providing examples of entrepreneurs to demonstrate the
breadth of a start-up, such as a local entrepreneur, a global entrepreneur, and a social enterprise. In
addition, numerous business traits are provided to distinguish between entrepreneurs and company
managers. It will also investigate characteristics of the business personality that respond to business
motivation and thinking and backgrounds or experiences that might inhibit or support entrepreneurship—
using resources based on motivation theory principles to draw lessons and provide suggestions for staff.
ANALYSIS
I. KEY ASPECTS OF AN ENTREPRENEURIAL MINDSET
1. Characteristic traits and skills of successful entrepreneurs that differentiate them from other
business managers
a. The characteristic traits of successful entrepreneurs
Personality characteristics, according to (Sahin et al., 2019), are "tendencies to demonstrate distinct types
of behavior across numerous circumstances" (Rauch and Frese, 2007, p. 355) that are highly stable over
time. Baumetal et al. (2014) A table that illustrates some of the attributes and abilities required for a
successful entrepreneur is provided below.
PERSONALITY TRAITS DETAILED EXPLAINATION
PASSION
Entrepreneurs aren't just looking for quick money. That may be a plus, but the main reward
is being able to do what they enjoy. Starting a business takes a lot of time and effort. That
means working longer and doing extra chores. If you don't enjoy what you're doing, you
don't want to make an effort needed to succeed. Entrepreneurs are not afraid to spend a
lot of time because they are so focused on their ambitions and visions. When faced with a
challenge, they do not give up. They do not give up on their dreams and do it.

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MOTIVATION
Entrepreneurs are enthusiastic about their work. They do not rely on their supervisors or
coworkers to reach their objectives or complete their tasks. Their inspiration originates from
the inside, which allows them to inspire others. Entrepreneurs know how to articulate their
ideas and get others interested in pursuing success.
HONESTY
Most individuals find it challenging to understand the notion of honesty. Simply said,
honesty means doing your best in whatever you do. Taking the time to create your mission
statement is the best way to go. Include parts on morals, values, and honesty if possible.
Next, post this sentence wherever it can be easily seen and read, such as on a wall or as a
desktop screensaver. Finally, make it a point to read your mission statement every day.
Constant repetition of a task is the most effective approach to self-teaching. Those who
exhibit integrity achieve extraordinary success because they are trustworthy and
dependable (Jupudi, 2016).
HARD WORKING
What is the distinction between excellent and successful people, you may wonder? From
Steve Jobs, the CEO, to Serena Williams, the athlete, these personalities are recognized for
their consistent work ethic of waking up early and working towards their objectives while
others are still sleeping and remaining late. Compared to the rest of the globe, most young
people believe that employing keyboard shortcuts is a good idea. On the other hand,
innovative work is just hard work done intelligently. Intelligence and hard effort do not have
to be mutually incompatible. Ultimately, the action is rewarded (Jupudi, 2016).

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b. The skills of successful entrepreneurs
Ray (1993) has listed the essential skills that entrepreneurs should have, which are explained in more detail
in the table below.
SKILLS DETAILED EXPLAINATION
ASSESS
OPPORTUNITIES
AND
CRITICAL THINKING
Serious study is necessary to discern between a good opportunity and an illusion of
possibility. Innovative business can be unique since creativity and critical thinking are not
frequent in educational institutions.
COMMUNICATION
SKILLS
Entrepreneurs frequently begin with more than one idea in their heads. They must
persuade people to start new businesses, persuade friends, relatives, and strangers alike
to invest or lend money in the industry, convince suppliers to extend credit, and finally
convince customers to part with their hard-earned cash for a product refresh or a service
from an unproven company to make that idea a reality. Persuasion includes spoken and
written communication and face-to-face and phone interaction.
NEGOTIATION SKILLS
Negotiation skills are equally as vital as persuasive skills for the same reasons. Once
someone has been persuaded to support a new company endeavor, the details must still
be worked out. These distinctions might be complicated or straightforward, but they
always need good bargaining abilities.
PROBLEM-SOLVING
SKILLS
Launching a new firm follows some patterns, yet each new venture has its unique set of
issues, challenges, and crises. Except for franchising, there is no formula for starting a
business. It is complicated to prepare entrepreneurs for all of the problems they will
experience while establishing and growing their firm. It is possible to develop the
problem-solving abilities necessary for excellent programming.

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c. Examples of three kind of entrepreneurs
• Examples of Global Entrepreneur: Jeff Bezos (Amazon)
Jeff Bezos, an American businessman, was born on January 12, 1964, and is the founder and CEO of
Amazon.com, Inc., an online book store that later grew to cover a wide range of products. Under his
leadership, Amazon became the largest online retailer and an Internet sales platform (Augustyn,2022). Jeff
Bezos overcame many obstacles to develop Amazon to where it is now, and he has consistently highlighted
the abilities and traits of a successful businessman. He took the initiative and was ahead of his time thinking
of methods to help Amazon differentiate itself from the competition. Amazon began as a tiny bookshop,
but because of Jeff Bezos' foresight and strategic vision, he saw the Internet as the way of the future and
created Amazon on top of it, assisting in the firm's growth. On the other hand, one of the most dominant
e-commerce businesses, Making Amazon into an online nerd in the 1990s was a risky endeavor because
the technology was not as prevalent. On the other hand, Jeff Bezos has shown to be an exceptional
businessman with confidence, wisdom, and a willingness to take chances. He also stated that the only risk
could have gotten Amazon to its current location (Ranosa, 2021).
Jeff Bezos possesses numerous characteristics that a successful business person should have. He can
identify new prospects for products and services. Amazon sales demonstrate this capacity. Amazon sells
almost anything you can think of, including books, food, beverages, packaging, and transportation.
Furthermore, Jeff Bezos has granted Amazon permission to utilize this vehicle to move products, citing the
electric vehicle trend as a future trend. Jeff is also a fantastic problem solver. Jeff handled a situation
expertly and rationally when an Amazon employee sliced his hand while working. He developed a list of
questions ranging from the causes, whys, impacts, cures, and ways to prevent such situations in the future
(Murphy Jr., 2020). Jeff's bright ideas are crucial for every prospective entrepreneur.
• Examples of Local Entrepreneur: Pham Nhat Vuong (VinGroup)
Pham Nhat Vuong is the chairman of Vingroup and a businessman and wealthy. He is regarded as the first
US dollar billionaire on the Vietnam stock exchange with more than 21.2 trillion VND, equivalent to 1 billion
USD. He was the first Vietnamese billionaire to feature on Forbes' list of world billionaires in 2013. On May

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10, 2018, Pham Nhat Vuong's net worth hit $6.9 billion, making him the 242nd wealthiest person globally
(Bui, 2020). Pham Nhat Vuong had to undergo a training procedure to gain the required leadership abilities
and attributes to become a successful businessman and businessman today.
Mr. Pham Nhat Vuong is a diligent worker who is open-minded and willing to learn new things. He is a
business owner in this field. According to (danhkhoireal, 2020), Pham Nhat Vuong launched a business
after graduating with a major in geoeconomics, first in the Russian capital, then in Ukraine, where he
constructed a house. Clients and created Technocom firm in the historic district. Near Kharko. On August
8, 1993, the firm began producing instant noodles under the trademark "Mivina," utilizing production
technology obtained in Vietnam. In 2004, the instant noodle brand "Mivina" had a 97 percent market share
in Ukraine. Nestlé paid an undisclosed sum for Technocom. Pham Nhat Vuong returned to Vietnam and
formulated a plan to convert some of the natural islands off the coast of Nha Trang into luxury resorts. As
a consequence, the 225-room Vinpearl Resort Nha Trang was established. He shifted his focus from
geoeconomics to food and hospitality. Due to the constant shift of industries, he must extend his thinking
and absorb new industry information. It also demonstrates that he makes dangerous decisions because
changing occupations or working in a different area is not something everyone is willing to do because it
is a fresh start. Furthermore, Vingroup's expansion into two domains of education and technology, both
Mr. Pham Nhat Vuong's interests, demonstrates his daring and recklessness. And, as Jeff Bezos stated, a
company can only grow if the owner is willing to take risks.
Pham Nhat Vuong is a leader with exceptional interpersonal abilities as an entrepreneur. It loves its
workers and encourages them to contribute to the company's success with the phrase "Every employee is
an ambassador" (Nguyen, 2017). "The security guard is the lowest employee; however, at Vingroup,
managers and even those employees are frequently joyful and smiling all day, with a brilliant grin, not a
wry face," said Mr. Nguyen Manh Hung, Viettel's General Director (Nguyen, 2017). Pham Nhat Vuong is
likewise concerned with his employees' professional growth and strives to provide them with the most
pleasing possibilities for advancement. Consequently, Vingroup led the 2018 list of the Top 100 Best Places
to Work in Vietnam (Anh, 2018). He's also a problem solver and a visionary.

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• Examples of Social Enterprise: Bill Drayton (Ashoka: Innovators for the Public)
Bill Drayton, a social entrepreneur, was born in 1943 in New York City. Drayton was named one of
America's 25 Best Leaders by US News & World Report in 2005. Bill Drayton used the term "social
entrepreneur" to define someone who works to execute large-scale solutions to long-standing social
problems – in other words, changemakers. The underlying idea is that entrepreneurs, not only those in
finance or industry, may have an impact on society. Since coining the term in the 1980s, Drayton has
helped it gain international traction, due in large part to his work at the Ashoka Foundation. Ashoka:
Innovators for the Public is a non-profit organization dedicated to finding and assisting social
entrepreneurs worldwide (Jones, 2017).
Bill, nicknamed the "Father of Social Entrepreneurship," possesses a wide range of skills and the
personality of an entrepreneur. Bill exemplifies the four qualities that Ashoka, the organization he
established in 1980, emphasizes as essential for social entrepreneurs: creativity, a daring and fresh vision,
a nerve business, and a strong ethic. The fact that he was a pioneer in assisting startups and a leader in
social enterprises in the 1980s demonstrates that he was a forward-thinking, innovative, and creative guy.
Because no corporation ventured to assist other companies at the time, because he was a pioneer in a
completely new sector, he had to acquire a lot of skill and knowledge in various business areas to aid
startups. And, as with any investing approach, there is always the chance of loss. Because startups and
small enterprises get cash, yet immaturity or outside factors might lead to abuse of that money, Ashoka
and Bill Drayton are ready to accept the risk. You must take risks to develop a reputation and long-term
rewards. Bill's willingness to accept the task and danger may be well worth it, considering his existing
importance.
2. Aspects of the entrepreneurial personality that reflect entrepreneurial motivation and
mindset
According to Hoover (2008), entrepreneurship is not a predetermined feature that only a few individuals
possess. Instead, it is a skill that most people can learn and nurture. Furthermore, the concept that
entrepreneurs think differently about the industry generates a dynamic business environment, which
drives individuals to engage in business development for various reasons. Assumptions also contribute to

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shaping a person's business view. In the Financial Times, business thinking applies to a particular state of
mind, to direct human action according to market practices and outcomes,” writes Alain Fayolle. Startups
are also attracted to ways to recreate and create new value. The calculated risk tolerance and the actual
acceptability of the transition and volatility are two characteristics. McGrath and MacMillan (2000) wrote
in their book The Entrepreneurial Mindset that "you knew you had fully adopted an entrepreneurial
mindset when you started acting and thinking like a habitual entrepreneur" and identified defined "the
characteristics of the entrepreneurial mindset: passionately seeking new opportunities, pursuing
opportunities with great discipline, pursuing only the best options, and avoiding the worst " Business
personalities are often made up of:
1) Proactive and committed attitude: Actively solve problems, actively seek opportunities, actively
participate in challenges to seek experience, and learn from successes or failures.
2) Self-direction capacity: the ability to recognize passions, determination to pursue passions and goals,
or change when necessary.
3) Risk-taking attitude: As an entrepreneur, we must have an open mind to risks, including unforeseen
risks, to have a proactive attitude to succeed. In a hypothetical commercial environment.
4) Flexible thinking, adaptability, customization: flexible thinking allows us to see things and phenomena
flexibly, not passively and not rigidly; adapt to change, and flexibly adjust the appropriate action.
5) The ability to learn continuously and through continuous action: In the view of learning by doing, we
will learn from ourselves by doing by participating directly in our projects, situations—business scenarios.
6) Creative thinking and innovation: Creative thinking is at the heart of lean start-ups; continuous
innovation and breakthrough creativity are the factors that promote the development of individuals and
companies.
7) The ability to identify and seize opportunities: The company boldly captures opportunities, from
identifying customer problems to satisfying ideas and products. Do not hesitate to take the opportunity,
even if the option is not necessarily successful.

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8) Critical thinking: This thinking allows us to ask many questions and find answers related to a problem
in a multidimensional, broad, deep, and closely related way, thereby providing information necessary for
the thinking process to inquire and draw the most important conclusions. More complete and accurate.
And the solutions.
9) Problem Solving and Value Creation Thinking: Helps to detect and recognize the needs and problems
of customers and society, thereby offering valuable solutions to solve problems. The subject is a premise
of non-stop business and creativity.
This makes a difference, but managers also need to have (internal resources) to help have more motivation
to grow the business and generate revenue for the organization, so they have more want to fight. And
complete the job of a manager. Intrinsic motivation is an internal resource of skills, practice, and retention,
which means businesses will thrive in the direction of the entrepreneurs who want it to happen. To make
it grow and give it resources. This gives managers more responsibility and incentive to develop a strong
business beyond their ambitions and corporate governance. Combining advantages and disadvantages
into one unit to help enterprises achieve breakthrough development also depends on the owner's
enthusiasm and wants his business to succeed (Melton, 2020). Mindset also helps entrepreneurs gain
confidence and clear direction in formulating their own goals to keep them on track. Using different
business mindsets helps them think critically and create more innovative business philosophies in an
environment where things are changing rapidly.
• Applying mindset theory
Will our perceptions of ourselves and our abilities influence our life, whether we have a development
mindset or a fixed mindset? Unquestionably. Our perceptions of our intellect and ability influence how we
feel and what we do, whether we follow new patterns, and if we wish to master new skills. In a growth
mentality, wisdom and creativity are viewed as traits that may be developed over time. This does not mean
that people with a growth mindset assume they will become the next Einstein; there are always limits to
what we can achieve. People with a development mindset believe that they may improve their brains and
talents by taking the initiative and acting. A growth mindset frequently recognizes that obstacles are
unavoidable in the learning process, helping individuals bounce back' by enhancing the motivational

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industry. People with a fixed mindset believe that qualities such as creativity and intellect are fixed—that
they are born with the amount of skill and natural gifts they can achieve as adults. A fixed-minded person
ignores life's problems, gives up fast, and is intimidated or challenged by the performance of others. This
is because a fixed mentality considers intellect and creativity to be something you "are," rather than
something you "make." (Smith, 2020).
It is clear that Fixed Mindset: No effort required believes that effort is pointless since intelligence cannot
be influenced. Growth Mindset: Effort is the only way for them to grasp the knowledge skills or objects
they require. This demonstrates that the three managers stated in the study all have a Growth Mindset
since they all have to progress independently through failures from which valuable lessons may be
gleaned. a treasure to serve as a driving force in the company's development through the spirit of positive
creative thinking. "People with a growth mindset think that their most fundamental talents can be
developed through devotion and hard work—brains and talent are simply the starting point." This view
creates a love of learning and a resilience that is essential for great accomplishment.” (Dweck, 2000)
II. EXAMINE THE DIFFERENT ENVIRONMENTS THAT FOSTER OR HINDER ENTREPRENEURSHIP
According to Schaper et al. (2014), personal history and experience may substantially influence a business
and can either drive or discourage entrepreneurship. Support from friends and family, motivation,
financial background, and other elements contribute to one's personal history. If a person has adequate
support from friends and family during this process, they will be motivated to establish a business. The aid
can help to increase motivation and risk-taking abilities, which can drive business. One's financial situation
also impacts the ability to take risks and start a company. Many people find it challenging to stay motivated
in business if they do not have the support of family and friends. Personal experience also influences
entrepreneurship. If the background is beneficial, one may decide to continue in business for a more
extended amount of time or to establish one.
• Jeff Bezos (Amazon)
Jeffrey Preston Jorgensen (Jeff Bezos) was born on January 12, 1964, in Albuquerque, New Mexico, to
mother Jacklyn Gise Jorgensen and biological father, Ted Jorgensen (Biography, 2021). Jeffrey was born to
a 17-year-old high school student and a 19-year-old father. Despite her terrible circumstances, Jacklyn

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enrolled in night school after graduating from high school while raising Jeffrey as a baby. In April 1968,
after his parents divorced, his mother married Miguel "Mike" Bezos, a Cuban immigrant. Mike adopted
Jeffrey, a 4-year-old boy, shortly after the wedding, and his surname was legally changed to Jorgensen at
Bezos. Jeff Bezos attended River Oaks Elementary School in Houston from fourth through sixth grade. Jeff
is fascinated by science and technology, and he once constructed an electronic doorbell to keep children
out of the room. When the family moved to Miami, Florida, Bezos attended Miami Palmetto High School
in Pinecrest. He is a student scientist in the University of Florida's Student Science Training Program. In
1986, he graduated with honors from Princeton University with a 4.2 GPA and a Bachelor of Science in
Engineering (BSE) in Electrical Engineering and Computer Science. Bezos worked for various Wall Street
businesses after graduating from Princeton, including Fitel, Bankers Trust, and D.E. Shaw. In 1990, Bezos
became D.E. Shaw's youngest vice president. Although his work in banking was highly successful, Bezos
opted to make a risky move into the embryonic e-commerce market. In 1994, he resigned from his job,
relocated to Seattle, and launched an online bookshop to capitalize on the Internet's unrealized promise.
After asking 300 friends to test his site, Bezos found Amazon.com on July 16, 1995, named after a
meandering river in South America. In the months leading up to the launch, a few staffers began working
on the software with Bezos in his garage; they eventually moved the business to a two-bedroom house
with three Sun MicroStation.
➢ Jeff Bezos was born into an unhappy family after his parents divorced, yet this does not appear to
worry him. He was born with unusual inventions, such as an electronic alarm to keep his younger
siblings out of his bedroom at a young age. It also demonstrates that he is a man who enjoys learning
and discovering new things. As a teenager, he was also interested in entrepreneurship when he
launched Dream Institute, an educational summer camp for youngsters in grades four through six.
However, Bezos has been appointed as Vice President. When D.E. Shaw's youngest son was in his 30s,
he sought adventure and excitement by quitting his job and discovering Amazon. Thus, Amazon's
success can be attributed to childhood experiences and entrepreneurial goals establishing a business-
led to Amazon's success as it is now.

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• Pham Nhat Vuong (Vingroup)
Pham Nhat Vuong was born in Hanoi in 1968, the same year as the Tet Offensive, a watershed moment in
the Vietnam War that continues to impact the country today. Her father served in the North Vietnamese
Air Defense Force, while her mother was a street seller. While the North was winning the war and bringing
the country together, it lost the economic battle; its finances were in shambles. Its authorities were
constrained by rigid five-year plans with few friends other than Soviet Russia. Pham's family relied on his
mother’s meager earnings at times. "At the time, my dream was not big," Pham explained. "All I want is to
be able to aid my family." (Noer, 2016). Pham Nhat Vuong entered Kim Lien High School in Dong Da District,
Hanoi, in 1982 and graduated in 1985. He got the honor after graduating from Hanoi University of Mining
and Geology in 1987, owing to his excellent math performance. obtained a scholarship at the Russian
Geological Survey University to study geoeconomics During his third year of high school, he began a
business in Moscow's Dom 5 tower. He hired a space at DOM 5 to sell products, then built a restaurant,
then imported goods from Vietnam to sell, then began a windbreaker company (winter jackets), he made
a lot of money at first, but if the market changes, he goes bankrupt. After marrying his undergraduate love,
Pham opted to stay in the United States to take advantage of post-Soviet prospects. His mother's tea room
inspired Pham's initial business endeavor: he raised $10,000 from family and friends to build a Vietnamese
restaurant in Ukraine. He also began producing and drying ramen noodles using industrial equipment
purchased in Vietnam, capturing demand. Instead of running a small noodle shop, he gambled away his
money by borrowing at a high criminal interest rate - 8% per month - and expanding production into the
dry mix that Vietnamese chefs use to season pho. Pham's noodle company, Technocom, reached $100
million in sales in 2010 when he sold it to Nestlé for around $150 million. Around the turn of the
millennium, he visited the beach city of Nha Trang. Because he felt better, Pham decided to conduct a
short exercise around the neighborhood. Pham quickly achieved success once more. Vincom, which
combines residential and commercial real estate shares, went public in 2007, whereas Vinpearl is a
standalone luxury resort firm. Pham consolidated the two businesses in 2012 to become Vingroup.
➢ Pham Nhat Vuong was born during the Vietnam War, and his family endured numerous hardships,
but it was these trials that lifted him out of poverty and enabled him to better himself and his
family. Furthermore, his intellect from a young age and his experience studying in Russia aided him

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in amassing a large amount of wealth. Pham Nhat Vuong is notable in the business for his frequent
shifts. He studied geoeconomics, but his first job was opening a restaurant, then a food company
in Ukraine, and finally a real estate firm in Vietnam. These experiences provided him with a firm
basis for constructing a multi-industry conglomerate such as Vingroup today.
• Bill Drayton (Ashoka)
According to All American Speaker, Bill Drayton was born in New York City in 1943. Bill Drayton has been
a social entrepreneur since elementary school in New York City. He was taken to an American mother who
immigrated to the United States from Australia as a young cellist and an American father who, like his
mother, was brave in taking chances and became an adventurer at a young age. Both parents' forebears
have a history of civic service and strong views, including many of the country's early antislavery
abolitionists and women's leaders. These influences, the wide diversity and openness of life in Manhattan,
and America's profound cultural concern with equity, which flourished during the Civil Rights years, all
interacted with one another and with Bill's temperament to establish the early roots of Ashoka. Bill liked
geography and history in primary school but disliked Latin and maths. During those years, his real passion
was sailing, but he also created and ran a variety of magazines at his school and elsewhere. He started and
built the Asia Society into the largest high school student organization. He was also a member of the NAACP
by high school, and he was actively involved in and strongly influenced by civil rights activism. He founded
the Ashoka Table at Harvard and Yale Legislative Services at Yale Law School, which had recruited one-
third of the student body by the time he graduated in aiding influential politicians around the northeast in
the design and drafting of legislation. Bill's increasing ties to Asia, particularly South Asia, and civil rights
are interwoven. When confronted with such discrepancies, entrepreneurs should ask themselves, "What
can I do?" Bill attended Harvard and Oxford. His response was the Ashoka idea, emphasizing the necessity
of substantial change to businesses ("development").
Bill is a manager and a management consultant, both of which originate from his fascination with the inner
workings of human organizations. He has over ten years of experience working as a consultant with
McKinsey and Company, and he has vast knowledge in serving both public and private customers. He was
the Associate Administrator at the US Environmental Protection Agency for four years. He was in charge
of environmental policy, budgeting, management, audits, and representing the US Environmental

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Protection Agency's whole government in policy decisions. Later, he formed and spearheaded the Save
the EPA campaign (a professional association of environmental managers that helps Congress, the press,
the government, civic groups, and the public understand and prevent a large part of the environmental
problems). Administrator Ann Gorsuch and others have a program of aggressive sabotage). Bill is also the
founder and CEO of Environmental Safety. He has headed for several years (helping to develop and spread
the word about better ways to implement environmental legislation). Following a brief stay at the White
House, he taught law and business at Stanford Law School and Harvard's Kennedy School of Government.
➢ Drayton 's family has discreetly built and embedded the culture of a social entrepreneur, and
historical events are shown by his heritage and understanding of his past. He's done it all, from his
love of people to building organizations like Asia Society to even larger human rights endeavors.
Bill's love of people inspired him to create Ashoka, a location where he can ultimately pursue his
passion. And one of Bill's aims when he made Ashoka was to bring together people who enjoy
helping others and provide a space where any entrepreneur in need of assistance could go.
According to the Ashoka website, the organization began to expand fast in 1986, just six years after
its inception, with the election of Ashoka Fellows in Brazil, Mexico, Bangladesh, and Nepal.
Throughout the 1990s, he included nations from Asia, Africa, Latin America, and Central and
Eastern Europe. By 1988, Ashoka had attracted 100 fellows from four countries and was starting
to establish and engage communities through a fellowship support structure that allowed fellows
to learn about what others were doing.
CONCLUSION
In summation, the essay said clearly that the purpose at first was to analyze what a successful
entrepreneur thinks in his presentation and provide particular instances. Pham Nhat Vuong, Jeffrey Bezos,
and Bill Drayton are all well-known figures in the area and across the globe, as are the companies Vingroup,
Amazon, and Ashoka. The paper closely examined the three previously stated themes on academic
background dynamics, background variables, and the economy. The most outstanding reviews are viewed
as an opportunity to educate everyone on business development.

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Exploration o

ENTREPRENEU
MINDSETS AN
BUSINESS
ENVIRONMEN

Chara
suc
Pass
Hone

Charact
succe
c r i t i c a l
t
h
i
n
k
i
n
g
p

Example of en
Pham Nhat Vuong
Vingroup
local entrepreneur globa

Jeff Bezos
Amazon
global entrepreneur
Traits a
Perso
and M

Pham Nhat Vuong
Vingroup
local entrepreneur
Traits a
Perso
and M

Bill Drayton
Ashoka
social entrepreneur
Traits a
Perso
and M

BACKGROUND
EXPERIENCCE
CAN HINDER O
ENTREPRENEU

Jeff Bezos
Amazon
global entrepreneur
Backgro
Educati

Pham Nhat Vuong
Vingroup
local entrepreneur
Backgro
Educati

Bill Drayton
Ashoka
social entrepreneur
Backgro
Educati

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