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P7: Personal background and experience in entrepreneurship success

   

Added on  2020-01-07

10 Pages2863 Words201 Views
ENTREPRENEURSHIPAND SMALL BUSINESSMANAGEMENT
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Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................4P1 Different types of entrepreneurial ventures and there typology............................................4P2: Social Entrepreneurship and Lifestyle Entrepreneurship.....................................................4TASK2.............................................................................................................................................5Covered in PPT...........................................................................................................................5TASK 3............................................................................................................................................5P5 Characteristic traits and skills of Elizabeth Gooch and Tom Mercer....................................5P6: Aspects of the entrepreneurial personality............................................................................6TASK 4............................................................................................................................................7P7: Personal background and experience in entrepreneurship success.......................................7CONCLUSION................................................................................................................................8REFERENCES................................................................................................................................9
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INTRODUCTIONEntrepreneurship is living a few years of your life like most people won't, so that you canspend the rest of your life like most people can't. Entrepreneurship is taking risk to start abusiness with a aim to earn profit. This also includes innovation and development of new ideas.In this report the two entrepreneurs Elizabeth Gooch and Tom Mercer's struggle and the urge tobe an entrepreneur is being discussed (Alsos, 2011). Elizabeth Gooch who have started hercareer at the age of 18 with HSBC bank and later on developed her own software developingcompany at the age of 24 which was EG consulting which later on became EG Solutions PLC inpreference with the situation. Tom Mercer has faced many problems while going to office relatedto breakfast so he developed an idea for easing this problem and there was introduction ofMOMA foods. These two cases have been discussed in the report with reference toentrepreneurship and its types. What types of entrepreneur ventures are there on which a smallscale business operates.
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