Introduction to Entrepreneurship and Innovation

Running head: INTRODUCTION TO ENTREPRENEURSHIP AND INNOVATION
Introduction to Entrepreneurship and Innovation
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INTRODUCTION TO ENTREPRENEURSHIP AND INNOVATION1
Table of Contents
Introduction................................................................................................................................2
Passion- A critical part of Organisational Success....................................................................2
Four Essential Characteristics of Successful Entrepreneurs......................................................3
Conclusion..................................................................................................................................4
References..................................................................................................................................5

INTRODUCTION TO ENTREPRENEURSHIP AND INNOVATION2
Introduction
As opined by Parker (2018), the essential characteristics of business communication
connected to the business entrepreneurs are considered to be those aspects that help the
entrepreneurs to carry up the business in a successful manner. In this connection, the given
report is focused on defining the reasons behind passion being a critical part of the
organisational success. Furthermore, the report explains the four most vital characteristics of
successful entrepreneurs.
Passion- A critical part of Organisational Success
According to the viewpoint of Hoggart (2017), inheriting the passion for completing
one's work is much more important than the engagement aspect. The root reason behind the
same is that the individuals who are passionate on their own will work with a better level of
enthusiasm towards achieving the goals of a higher level of performance. The individuals
who need to be forced or externally motivated to work with their best capabilities are not as
competent as the individuals who inherit the same on their own.
The rapidly changing modern business environment is in need of more passionate workers in
the concern of driving the extreme as well as sustained improvement of the performance level
in the business organisations (Carbo et al. 2017). The synergy of passion is what helps the
business organisations to develop the aspect of resilience that is required to withstand as well
as grow the business from a stronger perspective. The secret to the consistent form of success
of a business is to attain and sustain the passionate workers who would think big and creative
and work with then complete enthusiasm.