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Strategic Entrepreneurship: Developing Entrepreneurial Qualities

   

Added on  2022-11-01

12 Pages2773 Words437 Views
Running head: STRATEGIC ENTREPRENEURSHIP
Strategic Entrepreneurship
Name of the Student:
Name of the University:
Author’s Note:

2STRATEGIC ENTREPRENEURSHIP
Row1 46 A
1
37D
1
28D
1
19A
1
10A
1
1D
1
TALLY
6
2 47A 38A
1
29D
1
20D 11D
1
2D 3
3 48A
1
39A 30A
1
21A 12A
1
3D
1
4
4 49D
1
40D 31A 22D 13A 4A
1
2
5 50A
1
41A 32D 23D
1
14D 5D
1
3
6 51A 42D 33D
1
24D 15A 6A
1
2
7 52D 43A 34A
1
25A 16D 7A 1
8 53D
1
44A
1
35A 26D 17A 8D 2
9 54A
1
45D
1
36D 27A 18A
1
9A 3
Row 1 +6Sore obtained is 8 need for achievement
Row3 only need for autonomy
Sore obtained is 4
Row 5 + row 8=creative tendency
Score obtained 5
Row 2+row9=6 calculated risk taking
Row 7+row 4=3 loss of control
Total score=
8+4+5+6+3=26
(MEDIUM)

3STRATEGIC ENTREPRENEURSHIP
I feel that I am on the medium scale as my score is only 26. This is evident of the fact that I have
to really work very hard so that I am able to develop the entrepreneurial qualities so that I can
grow up to become a successful personality in the future. My score is 8 in the field of need for
achievement. This shows that I am good at this aspect. This is an even number and it is evident
of the fact that I have good enterprising quality in this aspect (Aithal, 2016).
Need for autonomy my score is 4 which is gain an even number. It is evident of the fact that I am
good at this aspect and I always like to work with a lot of autonomy. I feel that I need to get the
right kinds of autonomy so that I can take all my decisions without much interference.
I have got 5 in the field of creative tendency which is evident of the fact that I am still on the
verge of improving myself a lot. I will have to make sure that I am undertaking critical analysis
and implementing those ideas in my projects so that I do nit imitate the works of others (Kamal
& Dionne-Odom, 2016).
My risk taking capability is good as my score is 6. This means that I can actually be a good
entrepreneur in the near future by keeping an open mind that would be taking up all the
challenges without any fear.
Locus of control is a field where I will a have to work hard. My score in this field is 3 which
show that I will have to develop myself much more in this field and make sure that I am being
able to keep a proper control over all the different decisions that I am taking (Aithal, 2016).
The personality type that I have got is 26 which is a medium score on the terms of
entrepreneurial personality. Yes, I can recognize some of the inherent traits or behaviors in
myself. I am able to understand that I have a good working capability under autonomy. In other
words, I am able to work in a proper way when there are n o external pressures or any kinds of
decisions that are being imposed on me.
Team
I feel that I am of a risk bearing mentality. This will always enable me to take the proper
decisions at the proper time and also help to achieve the overall goals and objectives of the team.
Skills
I feel that some of the important skills that I have are as follows-
Decision making skill
Communication skill
Empathy
I feel that these are the abilities that will help me to understand the different issues that are
actually on going in the organization. In other words I will also be able to understand about the

4STRATEGIC ENTREPRENEURSHIP
skill gaps that are present among the employees and the different ways in which I can solve the
same.
Experience
I am not really experienced in this field. However I am trying my level best to make sure that I
am being able to understand all the different ways in which I can
Network
I will have to develop a proper networking skill so that I am able to get a proper connection with
all the other industrialists and the entrepreneurs who will be helping me to develop myself into
an ideal entrepreneur.
Knowledge
I will be able to develop a proper knowledge about the different methods that will be used for the
purpose of making the business idea to stand out in the crowd. This will help in knowing the
different areas in which I can actually apply my entrepreneurial skills and knowledge.
I believe that I am a Hipster and I have a lot of creative ideas for the purpose of the
overall welfare of the organization (Brixiová, Ncube & Bicaba, 2015). At the same time I feel
that I have to work very hard so that I am able to carry on with the business in a proper way and
make sure that I am being able to develop some unique goods and services for the solving of any
existing issue in the community.
Second Personal Journal Entry Set
Tasks:
Your Poster Entrepreneur
Bruce Jeffreys is the entrepreneur whom I have selected. I have selected him as the entrepreneur
as I am highly motivated by the different innovative strategies that he has used in order to carry
on with his business. He has been born and brought up in Australia and has also been educated
there (Orazem, Jolly & Yu, 2015). However at the same time, he has also been able to try out
different professions in order to enrich his knowledge base. It has been seen that throughout his
career he has always been able to understand the problems that are being faced by the people of
the community (Mi, 2015). After coming back from there in Australia he became part of the
NSW State Government’s Sustainability Unit, based within the NSW Department of
Infrastructure, Planning and Natural Resources. He realized that people of Australia must be

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