logo

Different kind of ventures along with typologies of entrepreneurial ventures

8 Pages2454 Words22 Views
   

Added on  2021-02-21

Different kind of ventures along with typologies of entrepreneurial ventures

   Added on 2021-02-21

ShareRelated Documents
Entrepreneurship and Small Business Management
Different kind of ventures along with typologies of entrepreneurial ventures_1
Table of Contents
Different kind of ventures along with typologies of entrepreneurial ventures_2
INTRODUCTIONEntrepreneurs are those individuals who takes a huge risk and use their unique ideas so asto establishing venture in marketplace. Whereas, Entrepreneurship is process in whichindividuals develop and implement business ideas into real world so that they can live theirlivelihood easily. Establishment of these ventures in marketplace is very beneficial because theynot only support in raising standard of living of societal individuals but also pays huge tax dutiesin the nation so that economic development of nation can be done effectively. Make It Work is abusiness consultancy firm which will conduct the research about two successful entrepreneursi.e. Bill gates and Henry ford. Present assignment will be discuss about the different kind ofventures along with typologies of entrepreneurial ventures. Significance of small businesses &start-up's in growth of social economy of nation along with competencies, characteristics andtraits of entrepreneurs will also covered in this report. At last, report will covers critical judgmentthat defines how background & past experience influences enterprisers to become successful. Activity 1(covered in Booklet)Activity 2 Characteristic, skills and traits of successful entrepreneurs that distinguish them from managersSeveral traits, competencies and characteristics are present in successful enterpriser thatdifferentiates them from other persons like business managers. These skills, characteristics andtraits are useful for entrepreneurs as they support them in improving their weaknesses so thatdesired growth can be achieved by them. Two entrepreneurs are taken for completion of this taskthey are Bill gates of Microsoft and Henry Ford of Ford Motors whose characteristics, traits andskills are discussed as follows:CharacteristicPassion: It is the most significant characteristic which encourage the enterprisers fordoing their functions effectively through handling challenges or issues. Bothentrepreneurs like Henry Ford and Bill gates have these kind of characteristics due towhich they are highly focused on their desired targets due to which they have achievedtheir predetermined goals in given time-frame. This characteristic of both entrepreneurs
Different kind of ventures along with typologies of entrepreneurial ventures_3

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Characteristics, Traits, and Skills of Successful Entrepreneurs
|10
|2097
|72

Entrepreneurship and Small Business Management Assignment : Microsoft
|9
|2323
|46

P2. Differences and similarities between entrepreneurial ventures
|10
|2258
|33

Relationship Between Types of Venture and Their Relation with Typologies
|9
|1901
|423

(pdf) Entrepreneurship & Small Business Management - Assignment
|8
|1928
|52

Entrepreneurship and Small Business Management - Characteristic Traits
|9
|2709
|55