University Ventures and Entrepreneurial Mindset Report Analysis

This report provides an in-depth analysis of ventures and the entrepreneurial mindset. It begins with an introduction to entrepreneurship, emphasizing the importance of innovation and customer demand analysis. The report then delves into the characteristic traits and skills of successful entrepreneurs, highlighting the significance of accepting failure and risk-taking, using Walt Disney as an example. It further explores the aspects of entrepreneurial personality that reflect motivation and mindset, focusing on failure, risk-taking, and passion. The report also examines how background and experience can either hinder or foster entrepreneurship, referencing the success stories of Walt Disney and Mark Zuckerberg. The conclusion summarizes the importance of entrepreneurial goals and objectives, as well as the development of motivation and confidence through analyzing the ideas of successful entrepreneurs. The report includes references to books and journals.

Ventures and
Entrepreneurial
Mindset

TABLE OF CONTENT
 Introduction
 Characteristic traits and skills of successful entrepreneurs.
 Aspects of the entrepreneurial personality that reflect
entrepreneurial motivation and mindset.
 Background and experience can hinder or foster
entrepreneurship.
 Conclusion
 References

INTRODUCTION
Entrepreneurship is the process of designing, creating, and
starting a very small new business idea at the start.
Entrepreneur of the business helps in analysing the demand
of the customers so that good services can be given to the
customers. Innovation in the business is very important so
that more customers can be attracted towards the business.

Characteristic traits and skills of successful entrepreneurs.
Entrepreneurs are the people who start their own business after
evaluating all the risks factors associated with the business.
Efficient risk offers great returns. Entrepreneurs have multiple
skills, attitudes, and visions that can direct their actions. They try
to achieve every opportunity in the market to achieve their
ultimate goal. business idea should be influencing to attract more
people.

Continue..
 Accepting Failure: This is the most important part of life
where everyone must accept it and move on further. After
passing this stage, no one succeeds in the first stage, where all
businesses prosper. Walt Disney has had many failures and his
first studio can't make profit which was laughing O’gram.
 Risk-taking: Risk is an important part of business, and risk-
taking people go long way in future. Walt does not hesitate to
take risks with his life and career. He sold personal assets
because the venture failed, but he still didn't stop trying new
things.

Aspects of the entrepreneurial personality that reflect
entrepreneurial motivation and mindset
 Entrepreneur features promote other people in society in the
direction of their goals. They deliver path to the individuals
and companies so that they can achieve the goals they
want .There are some character and qualities that make people
successful.
 Failure: Walt Disney is always motivated from the failure
which she faced. Her Oswald loses, the bunny was lucky
enough to take everything from him like his studio, creation
and animation from him.

Continue..
 Risks: To successfully make a dream, people sometimes
take money or borrow it, and no one knows if he can
recover or not. Disney also takes money from his brother
Roy. Snow White and seven dwarfs are the first movie
with a marketing campaign that takes place after
publishing in the big crisis.
 Passion: It means that people should do what they like and
enjoy while doing because without this they cannot not
succeed. Mark Zuckerberg is very passionate to develop
software in such a field, which he himself perform in his
schools and after college as a carrier.

How background and experience can hinder or foster
entrepreneurship.
The success of an entrepreneur depends on the background in
which they are grown up because background has a great
influence on personal life. From past experience, people are
making every possible effort to start their own small business
and provide effective products for social welfare.

Continue..
Walt Disney and Mark Zuckerberg on their success.
Disney was born on December 5, 1901 in the United
States. It was fun when he was a kid. His father
enforces strict discipline, as Walt and his brother Roy
need to be ahead in everyday life. He discovered
through his paintings that he escaped from his father's
brutal acts. Young Walt with a pen created a world of
his imagination where life was perfectly beautiful,
people were always happy and everything was
controlled.

Conclusion
As per the presentation it has been analysed that entrepreneur
aim is to develop the growth of the economy by the services
which they are providing. Every organisation has its own goals
and objectives which they have to achieve. Characteristics and
skills of two top entrepreneur is also discussed which helps in
developing motivation so that confidence of the entrepreneur can
get developed after analysing the though and ideas which they
have use to become successful.

REFERENCES
Books & Journal:
 Zid, M., Alkhudri, A.T., Casmana, A.R., Marini, A. and
Wahyudi, A., 2020. Ex Migrant Workers of
International Women and Social Entrepreneurship:
Study at Kenanga Village in Indramayu Regency in
West Java Province in Indonesia. International Journal
of Advanced Science and Technology, 29(06), pp.1855-
1861.
 Abdullahi, I.M., bin Jabor, M.K. and Akor, T.S., 2020.
Developing 4IR engineering entrepreneurial skills in
polytechnic students: a conceptual
framework. International Journal of Innovative
Technology and Exploring Engineering, 9(3), pp.2636-
2642.

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