Entrepreneurial Mindset Analysis: Traits, Skills, and Background

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Added on  2023/01/12

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This report explores the entrepreneurial mindset, analyzing the characteristics, skills, and personality traits of successful entrepreneurs. It examines how these traits contribute to the success of entrepreneurial ventures. The report also assesses the influence of educational background and personal experiences on an entrepreneur's motivation and mindset, with case studies of Ishaan Malhi and Ben Jeffries. It delves into the skills that foster innovation and the factors that can either hinder or promote entrepreneurial endeavors. The report provides a comprehensive overview of the key elements that define a successful entrepreneur and the impact of various factors on their journey. The analysis includes the educational backgrounds, personal experiences, and cultural factors that shaped their entrepreneurial paths. The conclusion summarizes the essential skills, traits, and characteristics required for entrepreneurial success, highlighting the interplay between experience and background in achieving business objectives. The report is well-structured, including an introduction, analysis of entrepreneurial traits, assessment of personality aspects, examination of educational backgrounds, case studies of successful entrepreneurs, and a concluding summary. The report is contributed by a student to be published on the website Desklib.
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Exploration of the
Entrepreneurial Mindset
TASK 3 & 4
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Table of Contents
Introduction
Analyse various characteristic traits, skills and personality reflects in a
successful entrepreneur
Assessment of how aspects of personality of entrepreneur reflects their
motivation and mindset
Critically analyse the educational background and experience that can
hinder or foster entrepreneurship
Conclusion
Reference
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Introduction
Entrepreneurship is a business practise in which a new business is set up by
a person called as Entrepreneurs. In this report there is discussion of how
characteristic and skills of a Entrepreneurs actually help in improvement of
their entrepreneurial venture. It also discusses about the traits and qualities
of two most famous Entrepreneurs that are Ishan Malhi who belongs to
Trusssle and Ben Jeffries, who are among the top 30 list of most successful
Entrepreneurs according to fortune in UK.
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Analyse various characteristic traits, skills and
personality reflects in a successful entrepreneur
Entrepreneurs are the person who are actually setting up a new venture by
implementation of some innovative method for operations hat lead to their
venture gaining a top position in the external market, they are willing to
adopt some new methods that can help them in implementation of
innovation and their creative ideas in a more significant manner.
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Characteristic of entrepreneur
Self-motivation-
Forward looking-
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Skills of entrepreneur
Creativity-
Willingness to learn-
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Traits of successful entrepreneur
Strong work ethic-
Disciplined-
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Assessment of how aspects of personality of
entrepreneur reflects their motivation and mindset
The overall personality of Entrepreneur is to help them in management of
the business functions in such a way that it can help in building up of
health relations among all the stakeholders that are related with the
organisation both internally and externally and mainly it consists of the
two most significant stakeholders for a organisation and those are
customers and employees
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Openness to experience
Conscientiousness:
Extraversion:
Agreeableness:
Neuroticism:
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Critically analyse the educational background and
experience that can hinder or foster entrepreneurship
Entrepreneurs are determined for achievement of their objectives and for
that they require high amount of motivation so that they are consist
enough for achievement of their laid down objectives. The overall
educational background of a entrepreneur is related with motivating them
to achieve higher objectives. There is always a influence of the
background and experience on a individual that can hinder or foster
entrepreneurship at the some point of time.
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Ben Jeffries
Background and Experiences of Ben Jeffries:
Personal experiences: In age of 15 years Ben Jeffries has started their own
clothing business with very popular name called Breeze. It started by
small business that inspired to start something different from already
existing ventures with his innovative and creative nature. He has spark of
doing something different for those he started his career as a influencer
and then became one of the most famous influencer of the marketing
company of UK. He took his company to heights and then worked
consistently for the investing company.
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Education:
Ben Jeffries was a influencers in the age of 15 and he started the business of
clothing. Please did not completed his education and for the purpose of his
business he dropped out of the university and then started working as a
influencer and later became one of the largest entrance of marketing
companies in UK.
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