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Entrepreneurship & Small Business Management Assignment (pdf)

   

Added on  2019-12-18

8 Pages1786 Words307 Views
Entrepreneurship and SmallBusiness Management

TABLE OF CONTENTSAssessment 1....................................................................................................................................3ASSESSMENT 2.............................................................................................................................3INTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................31.1 Characteristics Traits and skills of successful entrepreneurs and differentiate from businessmanagers......................................................................................................................................31.2 Aspects of the entrepreneurial personality reflect entrepreneurial motivation and mind-set41.3 Different lines of arguments relating to entrepreneurial characteristics................................51.4 Characteristic traits, skills and motivational drivers of successful entrepreneurs.................5TASK 2............................................................................................................................................61.1 Use of relevant examples and experience for hinder entrepreneurship.................................61.2 Link between entrepreneurial characteristic and influence of personal background.............61.3 Critically evaluating background and experience influences entrepreneurs..........................6CONCLUSION................................................................................................................................7REFERENCES................................................................................................................................8

ASSESSMENT 1Covered in pptASSESSMENT 2INTRODUCTIONEvery entrepreneur has some characteristics, traits and skills which play an important rolein developing their personality. These skills and knowledge help to them in making theirbusiness successful. The present report make analysis on characteristics and skills of successful;entrepreneurs. (Mariotti and Glackin, 2014). It also makes analysis of different aspectsentrepreneurial personality and their motivation. Furthermore, this report describes motivationaldrivers of successful entrepreneurs with specific examples. At last, it makes analysis ofentrepreneurship personal backgrounder and their experiences. TASK 11.1 Characteristics, Traits and skills of successful entrepreneursThere are various skills, characteristics and traits that differentiate an entrepreneur frombusiness managers. There are many entrepreneurs who have changed and bring revolution withinindustry (Neck and Greene, 2011). The successful entrepreneur includes Mark Zuckerberg andSteve Jobs; both made significant changes in tech-world. Mark Zuckerberg is founder ofFacebook which is one of the leading social media sites and on the other hand, Steve Jobs is thefounder of Apple Company which is engaged in launching personal computer, smart Phones andIPod, etc. Therefore, it is determined that both entrepreneurs possess effective characteristics, skillsand traits that distinct with each other and bring creative and innovative ideas in industry.Following are the characteristics and skills which are included by successful entrepreneurs:The foremost skill of successful business person is that they are highly determined andhave long term vision which mainly includes setting goals for future (Nga andShamuganathan, 2010). For example, Steve Jobs has these particular traits that haveresulted in making various types of smart computers. 3

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