Entrepreneurship Report: Analysis of Successful Entrepreneurs Traits

This report examines the characteristics, skills, and motivational drivers of successful entrepreneurs. It analyzes the backgrounds of individuals like Simon Cowell, Laurence Graff, and Peter Jones, highlighting their educational backgrounds and early career experiences. The report focuses on key traits such as passion, self-confidence, and openness to change, along with skills like time management, strategic thinking, and technical abilities. It also explores the motivational drivers behind their success, including self-reliance and the desire for recognition. By studying these entrepreneurs, the report aims to provide insights into how their experiences and traits have contributed to their success in various sectors, concluding that entrepreneurship significantly supports economic development and job creation. Desklib provides students with access to this and other reports, along with past papers and solved assignments.

Entrepreneurhip
and Small
Business
Management

Table of Contents
 Analyse characteristics traits, skills and motivational drivers
of successful entrepreneurs
 Critically evaluate how background and experience both the
entrepreneurs

a) Analyse characteristics traits, skills and
motivational drivers of successful
entrepreneurs
Entrepreneurs are the individuals who have the capacity and the
ability to manage and run their business in a effective
manner. Two successful British entrepreneurs which are
cited under the project are
 Simon Cowell
 Laurence Graff

Continue..
Peter Jones
Peter Jones is a British entrepreneur and a business man which is
having interest towards mobile phones, and television sector
as well as showed interest towards retail and property sector.

Continue..
Characteristics
 Passionate
 Openness to Change
Skills
 Time management Skills
 Technical Skills

Continue..
Laurence Graff
Laurence Graff is a successful British entrepreneur and is best
known as the founder of Graff Diamonds as well as the
supplier of jewellery and jewels.
Characteristics Traits
 Self Confidence
 Passionate-

Continue..
Skills
 Strategic Thinking Skill
 Curiosity
Motivational Drivers
 Self Reliance
 Recognition

b) Critically evaluate how background and
experience both the entrepreneurs
Peter Jones
Peter Jones is a successful entrepreneur and has completed his
senior higher education with majorly showing interest towards
the Economics subject. Though after completed his higher
education he started gaining interest towards enhancing
knowledge in the field of mobile phones, television and retail
sector.

Continue..
Laurence Graff
Laurence was born in Stepney in 1938, and belong to a Jewish
family. He left school and became an apprenticeship at the age
of 15 . After that he soon he started working in a small
jewellery shop and started repairing rings and creating small
pieces of jewellery in small shop.

CONCLUSION
It has been determined from the above project that development
and management of entrepreneurship business greatly helps in
the economic development of the country and therefore
provides job opportunities for the individuals therefore
enhancing their standard of living

REFFERENCES
 Kelley, D. J., Singer, S. and Herrington, M., 2012. Global
entrepreneurship monitor 2011 global report. Global
Entrepreneurship Research Association, London Business
School.
 Kirzner, I. M., 2015. Competition and entrepreneurship.
University of Chicago press.
 Naudé, W., 2014. Entrepreneurship and economic
development. International Development. Ideas,
Experiences and Prospects.