Impact of Background & Experience on Entrepreneurship

Entrepreneurship and Small Business
Management

TABLE OF CONTENT
• Introduction
• Impact of background & experience on entrepreneurship
• Link among entrepreneurial characteristic and that influences
on person background as well as experience of successful
entrepreneurs.
• Background and experience influence Entrepreneur
• Conclusion
• References

INTRODUCTION
Entrepreneurship can be considered
as a procedure which includes
designing, introducing and
operating innovative business in an
appropriate manner. The main
objective is to bring innovative
ideas that help in increasing profit
margin in future period of time
(Dana, 2018).The personal
experience as well as background
can impose direct impact on
organisation that is carried out.

P7 IMPACT OF BACKGROUND & EXPERIENCE ON ENTREPRENEURSHIP
 There are various factors that can foster
entrepreneurship. These elements involved caste, race
religion and many more. There are various aspects that
individual person had experience in the past and
environment in which they work. Personal background
as well as experience of individual person can impose
direct impact on growth of entrepreneurial venture.
There are various ways or methods in which experience
as well as background can hinder of foster by using some
example which is going to be mentioned below: