Entrepreneurship and Venture Capital

RUNNING HEAD: Entrepreneurship and Venture Capital
Entrepreneurship and Venture Capital
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Entrepreneurship and Venture Capital 1
Reflective Essay
Entrepreneurial personality refers to the personality that is combination of various characteristics
and qualities that co-ordinately form individual distinctive characteristics. Personality traits in a
person differ on the basis of their nature as characteristics that one person possess cannot be
possessed by another person in the same way. Entrepreneurship refers to the act of initiating the
business process by taking risk and working on various opportunities to earn profitability for the
company. An entrepreneur effectively make use of innovation and creativity in the working
environment to grow and earn maximum profits as well. The below mentioned reflective essay
explain about three characteristics that I possess can help me to grow as an entrepreneur and
three characteristics that can hinder my personal leadership growth.
Initially talking about the positive characteristics in me, it should be noted that I believe that I
possess good communication skills in the environment wherever need. An entrepreneur and
innovator need to make changes in the environment and then convince the subordinates to grow
and succeed. I believe that with the help communication skills I can easily convince group of
people to follow my decisions in the environment. Not only in the field of entrepreneurship, has
a leader also needed to have good communication skills so that they can deliver their word to the
people connected with them (Ahmetoglu, Leutner and Chamorro-Premuzic, 2011). Further,
communication also helps me to satisfy people on large scale by listening to their issues and
addressing them properly. I believe that good communication is something when a leader speaks
as well as listen. Leaders need to circulate their views and opinion and at the same time listen to
their issues and solve them appropriately. Further, second personality trait that I possess is great
vision, I am a visionary person and I do not believe in taking decisions on the basis of temporary
circumstances. I believe if I have to take a decision then it is not important it should give me
benefit right then only, but I believe that it should for sure benefit me in future. In addition, I
believe that successful entrepreneur always keep one eye on the futuristic vision and another on
the current situation. In this way, they successfully grow by satisfying people at large scale.
Vision is strategic planning that creates an authentic futuristic path. Third characteristic trait is
motivation; this aspect helps in motivating people and motivating myself as well. It is not
important that every task deliver good results but I believe that failure leads to a great
experience. Therefore, I think that I keep myself motivated in every situation and I have good