Characteristics and skills of successful entrepreneur

UNIT 9
Entrepreneurship

Table of Contents
INTRODUCTION ..........................................................................................................................3
Task 1...............................................................................................................................................3
P.1 Various types of businessperson undertaking and link with categorization....................3
P.2 Similarities and different between entrepreneur venture ................................................4
TASK 2............................................................................................................................................5
P.3 Small and midget business concern contact on the economic ........................................5
P.4 midget business concern and enterprise start –ups and how it will contribute to the growth
of the societal economic system.............................................................................................6
TASK 3............................................................................................................................................8
P.5 Characteristic and skills of successful entrepreneur , difference form business manager8
P.6 Entrepreneurial motivation and mind set.........................................................................9
Task 4.............................................................................................................................................11
P.7 Inheritance and education can hider or adoptive entrepreneurship................................11
Conclusion ....................................................................................................................................12
References .......................................................................................................................................1

INTRODUCTION
Entrepreneurship determines impressive activeness to set up the governance. In this way,
excogitation done in the entity in which businessperson takes risk. New artefact of activeness is
assistance to solve business issue and physical cognitive process of country. In this context of
use present document is supported on the Qubic hotel which is small sector of U.K. And provide
various benign of hospitality work (El Ebrashi and 2013). With this regard assist to focus on
different aspect of little business human action. In this report is focus on different kinds of
entrepreneurial venture and link with typologies. Moreover, it helps to social economy and
change internal business environment.
Task 1
P.1 Various types of businessperson undertaking and link with categorization
An entrepreneur is an single who beginning and run business with a constricted origin
and program. Businessperson is a individual use becoming program in any bantam concern.
Theretofore, they are able to earn high amount of profit in small business. Entrepreneur is a
person is focus on different type of entrepreneurial venture (Jones and Colwill 2013). It is help
to focus on different types of small business. In this context following different kinds of
entrepreneur venture are as follows:-
 Small business entrepreneurship :- In these types of entrepreneur venture is focus on
innovation and unique activity in small business. It can be some time influences towards
organisation. It is most important part of new business, it is help at the time of planing in
organisation (Seikkula-Leino and et.al 2015). In small business employees is focus on
each and every step in business activity. In this small business entrepreneur hire local
people or family member in small business. For example it inculcated travel agent,
grocers shop etc. all such is to be inculcated in small business.
 Scalable start-up entrepreneurship :- An entrepreneur is start a new company in
scalable. This type of entrepreneur venture is focus on some innovation in corporate
world. It is focus on positive result and focus on there vision could change the world. In
focus on positive result, it impacts to attract more investors to focus on more favourable.
In this venture use more innovative idea in organisation, so more customer is attracted to
new polices. Thence, it renders chance to entrepreneurs to heighten trade name image and

create high tegument as well (Wennberg Pathak and Autio 2013). This venture process
typologies to innovation in different products and services.
 Social entrepreneurship :- In social entrepreneur is focus on different some innovative
idea in working environment. Social entrepreneur are innovator is focus on product and
services, it is solved any business issue and problems. It is help to full fill social needs
and problems (Wennberg Pathak and Autio 2013). This venture is help to social services
in the community. It this way, categorisation has been carried in the effectual form in
social group which serve in effective and businesslike mode.
 Sequential entrepreneurship :- In this venture entrepreneur is focus on development in
the future. This venture is focus on future development in organisation. Entrepreneur is
always looked towards to start up of new venture.
 Female entrepreneurship :- In this type of entrepreneur venture is focus on expansion
on international market. This venture is different form the male entrepreneurship, because
they focus on skills of organisation.
There is all about the entrepreneur venture in organisation. All this venture is help to focus on
small business and development of society.
P.2 Similarities and different between entrepreneur venture
An entrepreneur is to be focus on similarities at the time of innovation in organisation. There are
some more similarities in entrepreneur venture are as follows :-
 Objective and aim :- An entrepreneur is to focus on objective and aims of company.
Entrepreneur use innovation is help to achieve objective and aim of organisation.
Therefore, social entrepreneurship is focus on make there better life to improve revenue
of the organisation (Morris and Kuratko 2014.). Many entrepreneurial venture is many
similarities to increase performance and use more innovation is help to increase
performance in organisation.
 Size and structure :- In entrepreneur venture is to be focus on different size and
structure of the work place. In small business is focus on full fill customer need and
wants in society. In order to compare with large enterprises is, SME is focus on unique
quality of goods and serves in organisation. It is help to attract more number of customer
in new business (Arend and et.al 2015). For example :- an entrepreneur planing is start
with retail venture to understand need and wants of customer or understand the concept