Entrepreneurship and Small Business Management - Wilko

9 – ENTREPRENEURSHIP
AND SMALL BUSINESS
MANAGEMENT
Wilko

INTRODUCTION
• Entrepreneurship is the new era as individual is attracting towards start ups.
• Wilko is the multinational company which deals in clothing, footwear, accessories etc.

Examples of entrepreneurs and scope of
local, social and global enterprise
• Before discussing about effectiveness of different types of entrepreneurs, it is important to know
about entrepreneur.
• So, in this regard it can be said that they are known as an individual who create a new business.
• They consist of numbers of skills that make them successful and innovation, ability to think
critically are main skills.
• Some examples of successful social, local and global entrepreneurs include:

Cont....
• Social entrepreneur: Martin Riddford and Jim Reeves are well-known social entrepreneurs.
The reason as why they are considered as social entrepreneurs is because of founding gravity light
only because of making people beneficial.
• They both invented a gravity lamp and the speciality of this lamp is they work without battery and
fuel. The main aim of invention was to help out the poor by reducing their electricity bill and
charges. So, on the basis of their aim it can be said that they are the best and well-known social
entrepreneurs who thought about well-being of poor people.