MgMT13151: Developing Entrepreneurial Attributes Essay Analysis

This essay examines the development of entrepreneurial attributes through participation in startup events, focusing on three specific events held in Australia: Innovation Bay, Push-start’s Mentor Live, and launch48. The essay details the objectives, audience, and key features of each event, highlighting their role in fostering innovation, securing funding, and promoting business ideation. It then explores the crucial attributes of entrepreneurs, such as risk assessment, strategic planning, and the ability to learn from experiences. The essay also addresses the debate on whether such events truly benefit society or exploit participants, concluding that while the potential for exploitation exists, these events primarily serve as platforms for entrepreneurs to connect with investors and refine their business ideas. The essay emphasizes the positive impact of startup events on society and the importance of entrepreneurs protecting their intellectual property.

Entrepreneurship Business
Entrepreneurship business program
Entrepreneur Events
Name of the Author
University Name-

Table of Contents
Introduction...........................................................................................................................................1
Task-1....................................................................................................................................................1
Three main events.............................................................................................................................1
Task-2....................................................................................................................................................2
The entrepreneur attributes..............................................................................................................2
Task-3....................................................................................................................................................2
Agreement or disagreement..............................................................................................................2
Conclusion.............................................................................................................................................3
References.............................................................................................................................................5

Introduction
With the ramified economic changes, there are several events of startups which have
been gaining momentum to motivate employees to strengthen their business and providing
their divergent thinking in their newly innovative working program. In this essay, three such
events in which start-up business details are analyzed. After that details related to agreement
or disagreement with the proposition that the ideas generated by such events do not benefit
society but are a way for organizers to exploit the ideas of participants (Gemmell, (2017).
Task-1
Three main events
There are main three events which were organized in the Australia with a view to
promote start up business. The innovation Bay is one of the sprightly worlds of startup
pitching event which promoted innovation and creative functioning in economic. In these
events, many big entrepreneurs and investors participated to identify their possible
opportunities and business growth strategic program. The main objective of this event is to
identify the future risk and return available in the undertaken business program. This event
was designed to promote its organizational culture and effective work function which will
strengthen the undertaken work program. Another event was Push-start’s Mentor Live which
was organized to call all the startup new entrepreneurs to arrange the funds for their new
business (Lowe, McKENNA, & Tibbits, (2011) The finance is the starting point which is
required to set up new business and strengthen the business outcomes of the newly set up
start up business. This undertaken start up business and its growth are highly dependent upon
the funding process (Huxtable-Thomas, & Hannon, 2018). This newly started up events was
accompanied with the several investors and fund raiser who could use their own mutual
understanding for their each other. There was another event launch48 which was held to
promote idea of dreaming up a business over their work. This event had mission to promote
persons to go for business instead of the jobs. These all these events have reflected the deep
understanding on the possible issues and problems faced by entrepreneurs in their business
program. It is analyzed that entrepreneurs are the persons who are ready to take all the
decisions. However, starting up new business is not about merely related to taking risk but
includes all the procedural works which he takes for the effective and sustainable future of

the organization (Brandenburg, 2017). The main strategic output of this event was to develop
the divergent thinking related to arrangement of finance. This event gave several ideas and
availability of the sources which could be used by entrepreneurs to raise funds for the
effective development of their start up business. There were several venture capitalists that
are ready to invest their capital in the return making business ideas (Jalba, & Vuici, 2012).
These all three events have their own mission and organized with a view to strengthen the
position of the startup ideas and identify the potential business ideas which could be
undertaken for the business growth and their sustainability.
Task-2
The entrepreneur attributes
The entrepreneur attributes are based on strategic work approach and implemented
strategic plans which are taken by entrepreneur to meet his objectives and goals. However,
entrepreneur firstly has to arrange the finance for its business to run the business effectively.
It is also learned that entrepreneur also needs to learn how to mitigate the complex business
issue and grab the available opportunities to run the business in long run (Dobson, Maas,
Jones, & Lockyer, 2018). Learning after experience is the one of the key intent which every
entrepreneur needs to understand. In these all three events, it is considered that business
failure is the part of starting up new entrepreneurship business. If entrepreneur fails to
manage this failure from the undertaken business then it might negatively impact the business
sustainable future growth of the organization. I have analyzed that the risk taken by the
entrepreneur should be based upon the return associated with the same. There is very clear
line between the risk and return of the organization. If an entrepreneur wants to see the
success in the undertaken work then it might increase the overall outcomes and increase the
efficiency of the business at large (Miao, & Wang, (2017). I have found the main intents of
the entrepreneur is related to return, risk, proper management and action plan which he takes
for the proper strategic work. The risk and return undertaken by the entrepreneur should be
having proper link and based on each other (Flannery, 2016).

Task-3
Agreement or disagreement
After analyzing the details and case of the entrepreneur events, it is considered that
there are several certified events which proposition that the ideas generated by such events
benefit society and provides the possible benefits for the entrepreneurs to arrange the finance
and support the business ideas (Thierstein, Marx, & und Stadt, (2017). However, with the
ramified changes in the economic, it is found that many thug persons attempt to organize
events to thug person with their big ideas. This kind of practices are seen when the
undertaken events are not certified and entrepreneurs are misguided by the other
advertisements. It is analyzed that every entrepreneur should know the generosity of the
undertaken work program and how a particular issue could be undertaken for the growth of
their work (Slywotzky, Morrison,, & Andelman, 2007). These events should be evaluated by
its rating, assigned quality segments and entrepreneur’s own due diligence. However, these
above three given events are the most certified events and assisted many entrepreneurs in
their start up (Bilimoria, 2007). These start-up have their own values and assisted many
entrepreneurs to grow their developed business idea. Many venture capitalists and
entrepreneurs have collaborated with each other’s in these undertaken events and shared their
values to grow together. I have learned that many of the events are organized with a view to
to exploit the ideas of participants by the exploiters (Woolf, 2017). Therefore, it could be
inferred that there is no agreement and disagreement with the fact that whether the idea and
startup business opportunities are exploit by the organizers of the events. It is the matter of
time and undertaken work which people have taken for the effective work program. These
events provide the base or the place where business idea generator and financial investors
could meet each other to satisfy each other demand (Dobson, Maas, Jones, & Lockyer, 2018).
This essay has shown all the positive and negative impact of the events undertaken on the
entrepreneurs. These all the undertaken studies and collected data have shown that
determining the judgment whether these organized events have no benefits to society or the
place which is used by the organizers to rob entrepreneurs with their business idea is the
wrong thing. Every entrepreneur has their own ideas and patents the same which could not be
robbed by another person with their malicious act.

Conclusion
Now in the end, I could infer that all the business ideas and startup have somewhere
positive impact on the society and keep the society one step ahead from the known
information. In addition to this, these business ideas also cannot be robbed by another person
or organizer of events if they call others for promoting their business ideas in the particular
organized events.

References
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Dobson, S., Maas, G., Jones, P., & Lockyer, J. (2018). Experiential Learning Through the
Transformational Incubation Programme: A Case Study from Accra, Ghana.
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Flannery, M.J., 2016. Stabilizing large financial institutions with contingent capital
certificates. Quarterly Journal of Finance, 6(02), p.1650006.
Gemmell, R. M. (2017). Learning styles of entrepreneurs in knowledge-intensive
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446-464.
Huxtable-Thomas, L., & Hannon, P. (2018). The Role of Entrepreneurial Leadership in City
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Miao, L., & Wang, H. (2017). Evolution of China’s Immigration Policies: Visa Polices and
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Slywotzky, A. J., Morrison, D. J., & Andelman, B. (2007). The profit zone: How strategic
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Thierstein, A., Marx, A., & und Stadt, M. S. U. L., (2017) The Ecosystem of Urban High-
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Woolf, A. F. (2017). Conventional Prompt Global Strike and Long Range Ballistic Missiles:
Background and Issues. Congressional Research Service Washington United States.