Entrepreneurship Report: Analysis of Henry Ford's Entrepreneurship

This report delves into the entrepreneurial journey of Henry Ford, the founder of Ford Motors. It examines his background, professional experiences, and the factors that motivated him to innovate, specifically focusing on the development of the Model T. The report highlights Ford's characteristics, such as persistence and professionalism, and how these traits contributed to his success. It also explores the importance of motivation, both internal and external, in entrepreneurship, along with essential resources like financial liquidity, land, and labor. The conclusion summarizes Ford's journey, emphasizing the significance of motivation, attitude, and positive enthusiasm in achieving entrepreneurial success, and the references cited support the analysis of entrepreneurship and its various aspects.

Entrepreneurship

Table to Content
● Introduction
● Findings
● Conclusion
● References

●Introduction
Entrepreneurship is the form to mainly focuses on introducing and running of business, due to high risk
involved an designing about new business related ideas. It often initially a small business as it having
capacity to having willingness to improved infrastructure as well as provide other opportunities like
employment, investment etc. Somehow, start up business venture tend to determines or they depended on
funds and other type of financial resources.

●Findings..
As been found in above report of Entrepreneurship is regarding with American Entrepreneur as Henry
Ford who was founder of Ford motors and his journey on the basis of background and experiences which
leads towards his vision and objectives that they effectively wanted to accomplish in better way.
After that Ford's experience in professional career, as his initial stage of career he was engineering
background as well as experiments is counted in 1896 within accomplishment to introduced new design
vehicles. The Model T was launched in October 1, 1908. This was a new concept of vehicles which Henry
Ford wanted to innovated from many times and he had creates a left steering type Model T in Ford Brand
franchise. In 1918 the cars of Model T was in demand and half of model were sold in overall United States.
Ford has made available Model T in different colour which tend to enhanced for people choices piroties.
After few years later, Henry Ford purchased Lincoln Motors Company which was founded by Cadillac
founder by Henry Ford.

●Cont..
As different personality having different motivation factor works For Example many are goal achieve
oriented in that situation, the motivation factor would be successful or self motivation with own self.
Motivation works on internal and external traits situation basis where internal helps to accomplish basic
needs like shelter, affordability, better human personality, level of confidence, supportive peers etc. But
for external factor of motivation which help to gain necessity requirement in entrepreneur such as
financial resources and other funding liquidity is essential to fulfil the requirement to being an better and
effective entrepreneur. To highlighted other resources which requires in entrepreneurship land, electricity ,
labour and money these basic requirement successfully creates an effective and increase professionalism in
entrepreneurship.

●Cont..
Afterwards, characteristic of an individual entrepreneurs need to have in Henry Ford who always been in
goal oriented person, several other characteristic defines about his view point as well as personality such as
Persistence, this trait make him enthusiastic or passionate towards it goals as he always wanted to
entrepreneur. Henry Ford is always been Professionalism personality which helps to provide his customer
Quality of product as well as he was had great leadership skills where utilise to manage manufacturing
labour as well as better team leader that influence them for better providing positive outcomes. Overall
these characteristic which driven in context of single entrepreneur properly describes with understanding
that how these traits or characteristic plays a vital role in every complexity situation which flexibility to
crack and help to prepare an successful entrepreneur.

●Conclusion
From above entrepreneurship report has many topic which come up as summarisation about describes for
specific entrepreneur's motivation development and characteristics to highlighted main aspect which helps
to Henry Ford who was founder of Ford motors as how he becomes successful entrepreneur. Many
important factors of motivation which helps to entrepreneur to motivates for being successful entrepreneur
such as self motivation, attitude, optimistic and having positive enthusiasm that depicts to support Henry
Ford towards being better entrepreneur. Ford's background and experience plays an important role in his
entrepreneurship journey, different characteristics which involve in Ford personality that leads him more
innovative and experienced. At last thee is evaluation of facts findings which include in entrepreneurs.
Various form of characteristic allows to better enhance individual professional career as well as positive
outcomes generates for better attainment of targets.

●References
Dabić and et. al., 2020. Immigrant entrepreneurship: A review and research agenda. Journal of Business
Research. 113. pp.25-38.
Dias, C.S., Rodrigues, R.G. and Ferreira, J.J., 2019. Agricultural entrepreneurship: Going back to the
basics. Journal of Rural Studies. 70. pp.125-138.
Fiore, E., Sansone, G. and Paolucci, E., 2019. Entrepreneurship education in a multidisciplinary
environment: evidence from an entrepreneurship programme held in Turin. Administrative Sciences.
9(1). p.28.

Thank you