Impact of Background and Experience on Entrepreneurship
Verified
Added on  2023/01/10
|12
|526
|39
Presentation
AI Summary
This presentation discusses the impact of background and experience on entrepreneurship in small business. It explores the examples of Bill Gates and J.K. Rowling to illustrate the importance of perseverance and determination in achieving success.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
ENTREPRENEURSHIP AND SMALL BUSINESS MANAGEMENT (ESBM)
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
TABLE OF CONTENTS INTRODUCTION MAIN BODY IMPACT OF BACKGROUND AND EXPERIENCE ON ENTREPRENEURSHIP CONCLUSION REFERENCES
INTRODUCTION The main aspect of Entrepreneurship is to produce a product or a service aiming to maximize profit or to disrupt an industry by taking the initiative to start a small business.
Impact of Background and Experience on Entrepreneurship ï‚´Entrepreneurs are not Gods, they are the individuals who begin new business, taking all the risks and facilitating by the rewards. ï‚´So, they are the innovators, innovating by giving new ideas, services and goods or procedures. ï‚´Entrepreneurship is mostly affected by the background and experience of the entrepreneurs.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Bill Gates Being one of the most popular entrepreneurs of all time, Bill Gates began the revolution of technology by software company launching after becoming drop out from Harvard. He became one of the richest man in the world by attaining success in Microsoft.
As a child, he was a voracious reader and introvert. His parents were worries about his behaviour as he became bore and withdrawn at times. He was a scholar in his school.
But, after doing a lot of hard work in computer, he was focused to enhance his career in the same field. He became demotivated when he cametoknowthatthecompanyheidolizedwasfailing. The people working under him were more aged so he thought that he will not be paid for his work.
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
The another example is of J.K. Rowling. The devastating death of her mother proved to be the hindrance in her journey of Harry Potter. She stopped writing because of depression. Not only this, when she made herself come back, she again faced one more depression of failed marriage and a baby daughter.
But, besides this, she kept writing her book. She faced rejection everywhere. But because of her hard work and determination towards writing she became the first billionaire author.
CONCLUSION So, the report aimed at describing the entrepreneurship in small business. The two well-known examples of Bill Gates and J.K. Rowling shown that if one has a dream or passion and he gets failed and rejected but working on something one believes in will might end up in breaking records.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
REFERENCES Burns, P., 2016.Entrepreneurship and small business. Palgrave Macmillan Limited. Dana, L.P., 2018. ENTREPRENEURSHIP & SMALL BUSINESS. Laudano, M.C., Marzi, G. and Caputo, A., 2018. A decade of the International Journal of Entrepreneurship and Small Business: a bibliometric analysis.International Journal of Entrepreneurship and Small Business.33(2). pp.289-314. Urbano, D. and Aparicio, S., 2019. An Overview of the Economics of Entrepreneurship and Small Business: The Legacy of David Audretsch. InFrom Industrial Organization to Entrepreneurship(pp. 279-306). Springer, Cham.