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(PDF) Entrepreneurial Ventures

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Added on  2021-01-02

(PDF) Entrepreneurial Ventures

   Added on 2021-01-02

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Entrepreneurial Ventures
(PDF) Entrepreneurial Ventures_1
Table of ContentsINTRODUCTION...........................................................................................................................3PROJECT 2......................................................................................................................................3TASK 3............................................................................................................................................3P5 Characteristics, skills & traits of successful entrepreneurs that differentiate them fromothers...........................................................................................................................................3P6 Way in which aspects of entrepreneurial personality reflect their motivation and mindset..4TASK 4............................................................................................................................................6P7 Way in which background & experience of entrepreneur can foster or hinderentrepreneurship..........................................................................................................................6CONCLUSION................................................................................................................................7REFERENCES................................................................................................................................8
(PDF) Entrepreneurial Ventures_2
INTRODUCTIONEntrepreneurial Ventures can be referred as a firm that places opportunism andinnovation at its heart to create social and economic value. Entrepreneurship is identified as anactivity of starting new business and take up financial risk with the aim of earning high profits.These ventures emphasized on administering advisory services to mid stage firms (What isEntrepreneurship?. 2017). The present assignment is based on “The Mind Set of theEntrepreneur” which includes various examples of entrepreneur. This report defines about keyaspects of entrepreneurial mind set along with examination of various environments that mayfoster or hinder entrepreneurship. PROJECT 2TASK 3P5 Characteristics, skills & traits of successful entrepreneurs that differentiate them from othersEntrepreneurs are the individuals who have an ability to set up their own venture with ainnovative idea, excellent skills or knowledge. In starting any venture, high risk is associatedwhich is taking up by entrepreneurs with the hope of earning high profits. Bill Gates & JeffBezoz are 2 well known and successful entrepreneurs who have created history in businessworld. They possess different characteristics and traits which are the main reason behind theirsuccess. Jeff Bezoz: The founder, chief executive officer and chairman of one of the well known companyAmazon.com is Jeff Bezoz. In year 1994, they established their firm. Initially, they start theircareer as online book merchant and then expanded to wide range of goods and services. As arapid growth is seen in internet use, Jeff take it as opportunity (Baum, Frese and Baron , 2014).They start their own business and left their job. Some traits possess by them are defined below: Risk taker: Jeff takes high risk for the purpose of fulfilling their own dreams and desires.He left his job to start their own venture. He calculated all the risks that are associated withsetting up their own venture. He accept the fact that there is a high chance of failure but hisdetermination did not let him down.
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