Developing Entrepreneurial Attributes

This study highlights the knowledge and skills required for being a successful entrepreneur. It also sheds light on the three important events in Australia such as ‘SPARK FESTIVAL’, ‘Launch festival in Sydney’ and ‘RUN THE WORLD Female Entrepreneurs Conference // Melbourne 2018’ and the entrepreneur attributes encouraged in these events.

Running head: DEVELOPING ENTREPRENEURIAL ATTRIBUTES
Developing entrepreneurial attributes
Name of the student
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Introduction
Motivation and passion are being considered as the important attribute if an
entrepreneur. A hard working entrepreneur can easily manage the development process of
any kind of initiatives. In this study, the knowledge and skills which are required for being a
successful entrepreneur have been highlighted. Here the study has also shed light on the three
important events in Australia such as ‘SPARK FESTIVAL’, ‘Launch festival in Sydney’ and
‘RUN THE WORLD Female Entrepreneurs Conference // Melbourne 2018’. By discussing
these festivals the entrepreneur attributes which has been encouraged in these events have
been identified. After the identification of entrepreneur attributes, the critical analysis has
been done.
Discussion
Spark event is being considered as one of the largest event in Australia. This event is
popular among people as it brings the combination of entrepreneurs, start-ups and
innovations (Sparkfestival.co, 2018). The major importance of the Spark festival is it
provides the chance to interact with large group of people. Not only the interaction but also it
is being considered as the platform where innovation and Ideas can be exchanged. Different
types of topics are being discussed in this event, which helps to gather the knowledge. With
the diverse culture it helps to grow start-up communities. In this case the effective
entrepreneurship theory called Locus of control can also be simultaneously applied. In the
diversified culture and large number of innovative ideas may influence the confidence of the
entrepreneur. By following this theory self-control can be increased so that the entrepreneur
will be able to understand both the external and internal environment. I believe, if I will
participate in this event, it will make me more interactive. This will also flourish my

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knowledge and by exchanging ideas I will also be able to identify both the positive and
negative sides of my innovation techniques.
Launch festival in Sydney is one of the largest festival in all over the world. It is being
hosted in San Francisco for last 10 years (Launchfestivalsydney.com, 2018). In this even, the
start-up funding and investment regarding topics have been discussed. The important
management practices such as negotiation, recruitment and selection, market competition and
many more related topics have been be highlighted by the expert chair persons. If I would
have joined in this event, it would help me to gather information regarding the increasing
funding in start-up businesses. By gathering the knowledge regarding business management,
I will be able to develop my managerial skills. In this case the strategic entrepreneurial
growth model can be adopted because life this event it will develop the intellectual property
and entrepreneurial spirit, which can increase my innovation. I believe, these knowledge will
motivate me towards achieving my goals and objectives. Within these four days, I would
have gathered the knowledge regarding portfolio management, which is very important for
developing a start-up business.
‘RUN THE WORLD Female Entrepreneurs Conference’, which is going to be help
on 18th august in Melbourne is another motivational events. In this conference the
contribution of female entrepreneur in the business industry will be highlighted. The aim of
this event is to motivate large number of female entrepreneur towards achieving success in
business. By inspiring the women entrepreneur through the speech of successful female
entrepreneur who have established their strong identity in the business industry, the event will
highlight the initiatives (Eventbrite.com.au, 2018). In this event large number of women
entrepreneur will share their experience and will prove their suggestions so that the future
generation can get motivated. I believe, this event will be beneficial for me. Because in this

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event I will be able to share my knowledge and business ideas with the experts. On the other
hand, it will help me to get connected with the resourceful persons in the business industry.
Therefore, it can be clearly said that these will motivate my passion towards achieving
my goals. As it has been discussed in the study that in such events large number of people get
the chance to share their ideas, innovation and their own experience. Therefore, it will help
me to gather knowledge. New ideas can also be invented by me after attending this events. It
will develop my interaction skills, which will help me in personal and professional field. In
the third event, I have mention that the management practice related topics will be discussed,
which will be beneficial for me to develop my entrepreneurial attributes.
As stated by Barringer (2015), events are required for the entrepreneur to develop the
characteristics which can help to be a successful entrepreneur. By supporting this Drucker
(2014) said, after attending the events positivity can be increased. In the above events,
encouragement regarding different types of entrepreneur characteristics have been mentioned.
In the above discussion it has been mentioned that interaction with large number of people
the knowledge can be developed. However, by arguing this Brandalise et al., (2016) stated
that in such events after the interaction different types of insecurity regarding own innovation
increases, which may impact on the entire performance of the person. By supporting this De
Jongh et al., (2017) state that most of the times people visits in such events but only
promotions of large business organizations are being highlighted. In such events, different
types of entrepreneur come with their large organizational identity. It has been identified that
most of the times they try to garb the idea of new entrepreneur and encourage the person to
be the part of this company. Through this process the large organizations decreases the
chances of new entrants or new competitors in the market.

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After analyzing the entire study, it has been identified that events can impact on the
entrepreneur attributes both positively and negatively. In this study, it has been argued that
the events mainly being introduced for organizational benefits not for the social
improvements. Although in the current scenario, in the case of most of the events the
organizational promotion and those business strengths are being shown through the
entrepreneurial speech, but it cannot be denied that through the events, a person who never
been much interactive with the surroundings or had not much scope for interaction, through
such events the person will get the chance to come closure with others. It is beneficial for the
person in case of increasing confidence. If the social benefits is being analyzed, it can be said
that different motivational speech by the resourceful persons can influence the society
positively. On the other hand, it can also increase the job opportunities for people.
Conclusion
In the above study it has been identified that the proper attributes are needed to get
adopted by the entrepreneur as these attributes are being reflected through the activities. It is
mentioned in the study that events can impact on the society in both positive and negative
manner. In the case of increasing the motivation and passion in an entrepreneur, it is very
important. However, it has been argued that most of the events are being introduced for the
organizational benefits. It cannot be denied that the organizational benefits is one of the
major aim behind such events, but it is also true that events can bring positive impact on the
society especially in the case of encouraging the young generation towards innovation and
creativity.

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Reference and bibliography
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(2016). Depressive and Anxiety Symptoms Exert Negative Impact on Resilience to
Stressful Events in Patients with Refractory Temporal Lobe Epilepsy with Late
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Cooper, A. & Folta, T., (2017). Entrepreneurship and high‐technology clusters. The
Blackwell handbook of entrepreneurship, pp.348-367.
De Jongh, A., van Eeden, A., van Houtem, C. M., & van Wijk, A. J. (2017). Do traumatic
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