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Dark Side of Entrepreneurship: Bill Gates and the Challenges Faced

   

Added on  2023-04-21

10 Pages3022 Words339 Views
Leadership ManagementPolitical Science
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Running Head: MANAGEMENT
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Management
1/30/2019
Dark Side of Entrepreneurship: Bill Gates and the Challenges Faced_1

MANAGEMENT
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Contents
Introduction...........................................................................................................................................2
Dark side of Entrepreneurship...............................................................................................................2
Critical Decisions undertaken by Bill Gates..........................................................................................3
Ethical challenges encountered by Bill Gates........................................................................................4
Legal disputes faced by Bill Gates........................................................................................................6
Conclusion.............................................................................................................................................7
References.............................................................................................................................................8
Dark Side of Entrepreneurship: Bill Gates and the Challenges Faced_2

MANAGEMENT
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Introduction
The report brings about the discussion of the aspects of entrepreneur and entrepreneurship
and the relative significance towards creating a strong economy. The term entrepreneurship
can be defined as the activity of setting up businesses, and taking the financial risk to attain
high profits. In this process, the individuals who hold responsibility are called as
entrepreneurs. In this report, it has been determined to explain the aspects of entrepreneurship
in context to the entrepreneur “Bill Gates” and so his company. Bill Gates, as the principle
founder of the Microsoft Corporation, and has become one of the richest men around the
globe. Thus, the report in the later part will mention the dark side of the entrepreneurship, and
enlist the critical decisions taken by the entrepreneur, and the ethical and legal issues
encountered by him. Thus, these aspects will lead to an understanding about the contribution
of the entrepreneur towards creating a strong economy.
Dark side of Entrepreneurship
Under this section, it can be stated that an entrepreneur play a vital role contributing towards
creating successful businesses and strong economy. In addition, to the positive characteristics
of the entrepreneur there are some negative aspects which define the weaknesses, leading to
the emergence of the ethical, and legal disputes within their organisation. The process of
entrepreneurship explains about the responsibility to make effective and wise decisions for
the betterment of both the organisation, and society. Entrepreneurs through this process face
some issues or deals with the issues of stress and anxiety with their work on daily basis.
Thus, it has been understood that it is essential for an entrepreneur to establish a fair balance
in their other aspects of life to avoid any situation of burnout.
Few elements form the base of the dark side of entrepreneurship and describe the positive and
negative aspects of entrepreneur as well. These elements are enlisted in the below section:
Balance: this is referred to as one of the most important element in context to the
entrepreneurship as it is necessary to ensure a work-life balance to increase the levels
of productivity.
Health – To maintain one’s health positive is important to avoid any other issue at
work (Miller, 2016).
Dark Side of Entrepreneurship: Bill Gates and the Challenges Faced_3

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