This presentation explores the journey of Henry Ford as an entrepreneur and highlights the characteristics that made him successful. It discusses the motivation factors and resources required for entrepreneurship.
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Entrepreneurship
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Table to Content ●Introduction ●Findings ●Conclusion ●References
●Introduction Entrepreneurship is the form to mainly focuses on introducing and running of business, due to high risk involved an designing about new business related ideas. It often initially a small business as it having capacity to having willingness to improved infrastructure as well as provide other opportunities like employment, investment etc. Somehow, start up business venture tend to determines or they depended on funds and other type of financial resources.
●Findings.. As been found in above report of Entrepreneurship is regarding with American Entrepreneur as Henry Ford who was founder of Ford motors and his journey on the basis of background and experiences which leads towards his vision and objectives that they effectively wanted to accomplish in better way. After that Ford's experience in professional career, as his initial stage of career he was engineering background as well as experiments is countedin 1896 within accomplishment to introduced new design vehicles. The Model T was launched in October 1, 1908. This was a new concept of vehicles which Henry Ford wanted to innovated from many times and he had creates a left steering type Model T in Ford Brand franchise. In 1918 the cars of Model T was in demand and half of model were sold in overall United States. Ford has made available Model T in different colour which tend to enhanced for people choices piroties. After few years later, Henry Ford purchased Lincoln Motors Company which was founded by Cadillac founder by Henry Ford.
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●Cont.. As different personality having different motivation factor works For Example many are goal achieve oriented in that situation, the motivation factor would be successful or self motivation with own self. Motivation works on internal and external traits situation basis where internal helps to accomplish basic needs like shelter,affordability, better human personality, level of confidence, supportive peers etc. But for externalfactor of motivation which help to gain necessity requirement in entrepreneur such as financial resources and other funding liquidity is essential to fulfil the requirement to being an better and effective entrepreneur. To highlighted other resources which requires in entrepreneurship land, electricity , labour and money these basic requirement successfully creates an effective and increase professionalism in entrepreneurship.
●Cont.. Afterwards, characteristic of an individual entrepreneurs need to have in Henry Ford who always been in goal oriented person, several other characteristic defines about his view point as well as personality such as Persistence, this trait make him enthusiastic or passionate towards it goals as he always wanted to entrepreneur. Henry Ford is always been Professionalism personality which helps to provide his customer Quality of product as well as he was had greatleadershipskills where utilise to manage manufacturing labour as wellas better team leader that influence them for better providing positive outcomes. Overall these characteristic which driven in context of single entrepreneur properly describes with understanding that how these traits or characteristic plays a vital role in every complexity situation which flexibility to crack and help to prepare an successful entrepreneur.
●Conclusion From above entrepreneurship report has many topic which come up as summarisation about describes for specific entrepreneur's motivation development and characteristics to highlighted main aspect which helps to Henry Ford who was founder of Ford motors as how he becomes successful entrepreneur. Many important factors of motivation which helps to entrepreneur to motivates for being successful entrepreneur such as selfmotivation, attitude, optimistic and having positive enthusiasm that depicts to support Henry Ford towards being better entrepreneur. Ford's background and experience plays an important role in his entrepreneurship journey, different characteristics which involve in Ford personality that leads him more innovative and experienced. At last thee is evaluation of facts findings which include in entrepreneurs. Various form of characteristic allows to better enhance individual professional career as well as positive outcomes generates for better attainment of targets.
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●References Dabić and et. al., 2020. Immigrant entrepreneurship: A review and research agenda.Journal of Business Research.113. pp.25-38. Dias, C.S., Rodrigues, R.G. and Ferreira, J.J., 2019. Agricultural entrepreneurship: Going back to the basics.Journal of Rural Studies.70. pp.125-138. Fiore,E.,Sansone,G.andPaolucci,E.,2019.Entrepreneurshipeducationinamultidisciplinary environment: evidence from an entrepreneurship programme held in Turin.Administrative Sciences. 9(1). p.28.