Factors Influencing Entrepreneurship: A Case Study of James Dyson

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ENTREPRENEURSHIP

Table of Contents
INTRODUCTION...............................................................................................................................3
MAIN BODY.......................................................................................................................................3
CONCLUSION....................................................................................................................................5
REFERENCES....................................................................................................................................7

INTRODUCTION
Entrepreneurship is a great process of launching, running and designing a new business and
that is small business in a beginning. The person launch these business are called entrepreneurs.
Entrepreneurship is a business which is organize, manage and develop a business venture according
to willingness and capacity of entrepreneurs. The development of entrepreneurship is also attached
with risks. James Dyson is a British industrial inventor, founder and designer of Dyson Ltd. He was
a great entrepreneur. This report will include the theoretical knowledge of entrepreneurship and
critical analyse that drives someone towards entrepreneurship. This report will also highlight the
techniques and methods that are entrepreneurs should have to learn to review, consolidate, extent
and apply their knowledge and understanding to initiate and carry out a business plan.
MAIN BODY
James Dyson
James Dyson is best know for a British inventor, designer and founder of Dyson ltd. And
famous for best inventor of the Dual Cyclone bagless vacuum cleaner that works on by following
cyclonic separation. He also a chief executive of Dyson Ltd. Dyson and his team constantly
iterating and innovating on appliances that customers use every day such as vacuums, hand dryers
and fans. They also regularly work on fairly prescient gadgets (Kirzner., 2015). James Dyson also
invented a portable digital headset which used by customers to receive help from virtual assistance,
use applications and check mails. He also designed an auto-mobile engine. He also passionate and
encourage scientists and engineers to expand their education and talent and helps to find out their
way.
There are many factors that motivated James Dyson to become an entrepreneurs
Various factors plays a major role to motivate the James Dyson to become an entrepreneurs.
The James Dyson's creativity and innovative approach encourage them towards the launching of an
entrepreneurship. He likes accountability and freedom in your business and that why he doesn't like
to become an employee. He find that he don't fit in the corporate environment. He know his ability
and capability to discover and innovate something unique. James Dyson and his team passionate
about learning and developing knowledge. They never want to stop learning and that thing
motivated him to become an entrepreneurs. Because entrepreneurs always seeking more knowledge
and skills. It is genuine reason James Dyson was driven to become entrepreneurs. The various
sources of ideas, effective approaches to implement this ideas, uses of modelling and drawing at
several stages of product development and his expertise, specific knowledge and creative thinking
encourage him towards the entrepreneurs. He major focus on two product development such as
Ballbarrow, a wheelbarrow with a ball shaped wheel and the Cyclone vacuum cleaner, a novel type
of domestic cleaner. He designs and invent its products with market potential and manufacturing
constraints in mind. The low investment in tools required encourage him to grab this opportunity by
setting a business of ballbarrow (Venkataraman., 2019). James Dyson developed a basic technical
feasibility in their idea of invention of vacuum cleaner.
James Dyson apply his creative approach in its inventions and designs. He combines the
ability to develop and conceive technical design skill and invention to transform that invention into
a great products. His ideas and problem solving techniques influence him towards becoming
entrepreneurs. Dyson believes that the creative design and invention will be practicable only
through the development of entrepreneurship. He trust on communicating practical approach rather
than by theorising and drawing. He also says that the beginning stage of new design and invention,
it is good for a person not to be great expert. James Dyson and his team highly expert technically
and economically manufactured its products and created a great entrepreneurship. He followed that
the more you study something and get involved, the more unique ideas arise. He believed that to
become an successful entrepreneurs is not a much difficult task when focussed on specific area of