SBLC5002: Entrepreneurship Analysis of Dream Jobs and Skills

This academic report delves into the multifaceted world of entrepreneurship. It begins by defining entrepreneurship and outlining its core characteristics, such as risk-taking and innovation. The report then explores various dream jobs related to entrepreneurship, including restaurant businesses, bakeries, event management, photography, and childcare. For each job, the report identifies the necessary personality traits and skills for success, such as strong interpersonal skills, problem-solving abilities, and creativity. The report concludes with recommendations emphasizing the importance of both personality and skills in entrepreneurial endeavors, suggesting the application of the entrepreneurship innovation theory to explore new market opportunities. References from prominent scholars in the field support the analysis, providing a comprehensive understanding of the topic. This report is submitted as part of the SBLC5002 module, focusing on personal and managerial effectiveness.

ENTREPRENEURSHIP

MEANING OF
ENTREPRENEURSHIP
• CAPACITY AND WILLINGNESS TO
DEVELOP AND MANAGE BUSINESS
• ORGANIZE A BUSINESS VENTURE
ALONG WITH THE DIFFERENT RISKS
INVOLVED IN IT
• INDIVIDUALS WHO NOTICES DIFFERENT
OPPORTUNITIES AND TAKE INITIATIVE
TO MOBILISE DIFFERENT RESOURCES
EFFECTIVELY

COMMON TRAITS OF
ENTREPRENEURS
• RISK TAKERS
• FEEL CAPABLE AND COMPETENT
• SET HIGH GOALS AND ENJOY WORKING WITH
OTHER INDIVIDUALS
• ORIGINAL THINKERS
• TAKING RESPONSIBILITY OF OWN ACTIONS

DREAM JOBS RELATED TO
ENTREPRENEURSHIP
• RESTAURANT BUSINESS
• BAKERY OR CAFÉ BUSINESS
• EVENT MANAGEMENT
• PHOTOGRAPHER/VIDEOGRAPHER
• CHILD CARE GIVER

RESTAURANT BUSINESS
PERSONALITY
• PROFITABLE THINKERS
• PHYSICAL STAMINA
• STRONG INTERPERSONAL SKILLS
SKILLS
• CONFIDENT
• EXCELLENT IN PROBLEM SOLVING
• STRONG LEADERSHIP
• CUSTOMER SERVICE

BAKERY OR CAFÉ BUSINESS
PERSONALITY
• PASSIONATE
• OPEN MINDED
• FLEXIBLE AND NIMBLE
SKILLS
• INNOVATIVE
• KNOWLEDGE ABOUT DIFFERENT WHEREABOUTS
• COORDINATOR
• CRITICAL THINKER

EVENT MANAGEMENT
PERSONALITY
• FLEXIBLE IN MANAGING TASKS
• ENERGETIC
• KEEN EYE FOR DIFFERENT DETAILS
SKILLS
• GREAT INTERPERSONAL AND COMMUNICATION SKILLS
• TIME MANAGEMENT SKILLS
• LEADERSHIP SKILLS

PHOTOGRAPHER
PERSONALITY
• FAMILIAR WITH LEGAL DOCUMENTS
• BUSINESS APTITUDE
• HAND EYE COORDINATION
SKILLS
• GOOD PEOPLE SKILLS
• FLEXIBILITY AND PATIENCE
• CREATIVITY AND IMAGINATION

CHILD CARE GIVER
PERSONALITY
• SOFT SPOKEN
• POLITE
• HANDLING DIFFERENT ISSUES EFFECTIVELY
SKILLS
• SPEAKING AND CONVINCING SKILLS
• LISTENING SKILLS
• DECISION MAKING SKILLS

RECOMMENDATIONS
• BOTH PERSONALITY AND SKILLS ARE NECESSARY IN BECOMING A
SUCCESSFUL ENTREPRENEUR
• ENTREPRENEURSHIP HELPS THE PERSON IN BECOMING RESPONSIBLE
FOR HANDLING DIFFERENT CIRCUMSTANCES EFFECTIVELY AND THIS
WILL HELP INDIVIDUALS IN BECOMING MORE SUCCESSFUL IN
FUTURE
• ENTREPRENEURSHIP INNOVATION THEORY CAN BE APPLIED WHILE
BECOMING SUCCESSFUL ENTREPRENEUR AS THIS WILL HELP IN
OPENING UP NEW MARKET BY IGNORING THE RISKS INVOLVED IN IT
• THE RESPECTIVE FIVE DREAM JOBS HAVE BEEN STATED THAT
REQUIRED DIFFERENT PERSONALITY AND SKILLS TO BECOME THE
SAME.

REFERENCES
• DEES, J.G., 2017. 1 THE MEANING OF SOCIAL ENTREPRENEURSHIP. IN CASE STUDIES IN SOCIAL
ENTREPRENEURSHIP AND SUSTAINABILITY(PP. 34-42). ROUTLEDGE.
• DRUCKER, P., 2014. INNOVATION AND ENTREPRENEURSHIP. ROUTLEDGE.
• KAZANJIAN, R.K., DRAZIN, R. AND GLYNN, M.A., 2017. IMPLEMENTING STRATEGIES FOR CORPORATE
ENTREPRENEURSHIP: A KNOWLEDGE‐BASED PERSPECTIVE. STRATEGIC ENTREPRENEURSHIP: CREATING A
NEW MINDSET, PP.173-199.
• KIRZNER, I.M., 2015. COMPETITION AND ENTREPRENEURSHIP. UNIVERSITY OF CHICAGO PRESS.
• MEYER, G.D., NECK, H.M. AND MEEKS, M.D., 2017. THE ENTREPRENEURSHIP‐STRATEGIC MANAGEMENT
INTERFACE. STRATEGIC ENTREPRENEURSHIP: CREATING A NEW MINDSET, PP.17-44.
• PARKER, S.C., 2018. THE ECONOMICS OF ENTREPRENEURSHIP. CAMBRIDGE UNIVERSITY PRESS.
• SCARBOROUGH, N.M., 2016. ESSENTIALS OF ENTREPRENEURSHIP AND SMALL BUSINESS MANAGEMENT.
PEARSON.
• STOREY, D.J. ED., 2016. ENTREPRENEURSHIP AND NEW FIRM. ROUTLEDGE.