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Factors that Motivate Mark Zuckerberg to Become a Successful Entrepreneur

   

Added on  2023-01-12

8 Pages2324 Words94 Views
Entrepreneurship

Contents
INTRODUCTION...............................................................................................................................3
MAIN BODY.......................................................................................................................................3
CONCLUSION....................................................................................................................................7
REFERENCES....................................................................................................................................8

INTRODUCTION
Entrepreneur can be describe as the person who is responsible to conduct business activities
in order to achieve more profits as well as take all financial risk. There are different skills and
capabilities of entrepreneur that support on effective and efficient performance of business
activities (Burns, and Dewhurst, 2016). Entrepreneur is developing and offering new and
creative products to customers. This report is based in Mark Zuckerberg. He is known as the
co-founder of Facebook which is leading social networking site. Mark Zuckerberg was born
in 1984 in New York, U.S. He started Facebook at Harvard in 2004 at the age of 19 and from
then to now, Forbes claimed that Mark’s net worth is over 73 billion. This makes him more
successful an entrepreneur in worldwide. This report will includes different factors that will
motivate Mark Zuckerberg to perform business activities in most effective manner. Apart
from this different various entrepreneurial theory are analysed such as psychological,
economic as well as sociological theories.
MAIN BODY
Entrepreneurship is an act in which individual always play a tough game and is certainly
not meant for those who cannot go through a difficult time in their whole life. It is also
known as a process of creating, launching or starting a new business in the market on the
basis of own ideas and thoughts. Individual who create design a business is known as
entrepreneur. For this, an individual must have sufficient skills and abilities to deal with
future market contingencies and instability so that their innovation cannot be much affected
in adverse manner (Fayolle and Gailly, 2015). Apart from this, sufficient amount of resources
must also be available that will be used to implement business thoughts and ideas into reality
so as to achieve long term sustainability in market world. In the journey of entrepreneurship,
there are several factors that usually motivates a person to become entrepreneur on the basis
their innovative though processing. Some common factors that are motivate an entrepreneur
are:
Personal Growth: For an individual required to identify the actual reason for
becoming successful entrepreneur. As Personal growth is a reason behind the aim of
individual to serve their ideas in the market.
Feeling of accomplishment: In individual, a feeling of pride and a sense of
accomplishment always initiate them to offer quality of services in the community
through which they attaint their objectives as they desire for (Fisher, 2012).

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