Report on Entrepreneurship: Situational Factors and Traits Analysis

This report provides an in-depth analysis of entrepreneurship, exploring various aspects of business ventures. It begins with an introduction to entrepreneurship and then provides examples of a local entrepreneur (J.K. Rowling), a global entrepreneur (Mark Zuckerberg), and a social enterprise (Bruce Kenrick). The report then delves into the situational factors, similarities, and differences between these entrepreneurs. It identifies shared entrepreneurial traits and characteristics of successful entrepreneurs, such as vision, confidence, and innovation. The report also examines how their backgrounds and experiences have either hindered or fostered their entrepreneurial journeys. The conclusion emphasizes the benefits of entrepreneurship for societal and economic development. The report is well-structured, with a clear table of contents, detailed examples, and a comprehensive list of references.

Entrepreneurship And Small Business
Management: Part 2

Table Of ContentTable Of Content
• Introduction
• Examples Of One Local Entrepreneur, One Global Entrepreneur And One
Social Enterprise
• Exploration Of The Situational Factors, Similarities And Differences
• Shared Entrepreneurial Traits And Characteristics Of Successful Entrepreneurs
• Conclusion
• Referenceses

IntroductionIntroduction
• Every business start with a new and
Innovative idea that is considered as the
base of business whether it is small or
large. Entrepreneur is the one who plan,
generate, innovate all the business
activities by their own with new and
fresh business ideas.

Examples Of One Local Entrepreneur, One
Global Entrepreneur And One Social
Enterprise.
Local Entrepreneur
•J. K. Rolling - J. K. Rolling is the famous
British author & also philanthropist. She is
best known by her most popular noble like
Harry Potter serious. Each and every one in
the world know about her Harry Potter series
that's why she won various awards and
appreciation and her books is known as best
selling book.

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Social Entrepreneur
•Bruce Kenrick – Bruce Kenrick was the
famous social activist & Minister in the “United
Reformed Church” and also “Church of
Scotland”. He also best known for his witting,
“Come Out the Wilderness” and he also a
founder of British Housing Organisation
“Shelter”.

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Global Entrepreneur
•Mark Zuckerberg - He is an American
entrepreneur and now considered as the most
popular global entrepreneur. He is also known as
media magnate, philanthropist & internet
entrepreneur. He is co-founder of “Facebook” and
he is also co-founder of “Solar Sail”.

Exploration Of The Situational Factors,
Similarities And Differences
Similarities
• There are some skills and characteristic which are same in every
entrepreneur. This report discuss about the three entrepreneur and identified some
traits and characteristics. There are some similarities contain in every entrepreneur
like Brice Kenrick is social activist and he was visionary and lived their life with
full of joy and like to participate in social activities and did work for the people
and he was contained various traits & characteristic like visionary, leadership and
innovative thinking.

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• Differences
• Every entrepreneur different from each other and there are some traits
and characteristics found which are differentiate every entrepreneur from each
other. It is analyse that from every entrepreneur like Bruce Kenrick ,J. K.
Rowling and Mark Zuckerberg some traits and characteristic are different and
their life prospect is totally different from each other. There are some traits like
discipline, tenacity and decision-making are totally different from each other.

Shared Entrepreneurial Traits And
Characteristics Of Successful Entrepreneurs
Bruce Kenrick
•Traits -
•Vision – He was the social activist and he was very visionary and he had the
different prospective of life and he liked to help to other people so that he started
shelter and with the help of this social organisation his vision became successful.
His goal of life was clear and he provided many people a new life.

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J. K. Rolling
Traits -
•Confidence - Confidence is the best characteristic which define the attitude and
behaviour of the entrepreneur sop it is important to have this characteristic in
every entrepreneur. J. K. Rolling is confident enough to handle their life by own
and doing very well in their life.

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Mark Zuckerberg
•Traits -
•Innovative - This is considered the most effective traits that can help to
encourage the entrepreneur so that they can perform well. Mark Zuckerberg is
very innovative and through his innovative thinking he made their career bright.
The result of his innovative thinking is “Facebook”.

Examination Of How Background And
Experiences Either Hinder Or Foster
Entrepreneurship
• Bruce Kenrick
• Background – Bruce Kenrick was born in the Liverpool and in initial level he
was accounted but after the outbreak of war he started to work in Gold Coast
Defence Force with the paratroopers in Italy. After the war he decided to make
career in medical like and then he decided to work as a doctor.

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• J. K. Rowling
• Background – She is the world famous author and entrepreneur of United
Kingdom. She was born in 1965 in Yate , Glocestershire. When rolling was
four year old then her family moved to Winterbourne and her childhood was
very complicated. When she was younger then she used to wrote fantasy
stories.

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• Mark Zuckerberg
• Background – He was born in 1984 in White Plains , New York. He also did
their study from Harvard University, where he worked on Facebook app and
then he launched this app. Facebook is Social networking app that connect with
peple all around the world. In 4 February, he launched Facebook with his
college room-mates.

ConclusionConclusion
• As per this report it can be said that entrepreneur is beneficial for the
development of society and country. Entrepreneur is the one who take risk and
start their business and take responsibility of their failure. Entrepreneurship
help to develop the small business and maintain business effectively. This
report discussed about the local, global and social entrepreneur and also
determine their traits , characteristic, background and experiences.

ReferencesReferences
• Barnard, A., Pittz, T. and Vanevenhoven, J., 2019. Entrepreneurship education
in US community colleges: a review and analysis. Journal of Small Business
and Enterprise Development.
• Bruce, D., Gurley-Calvez, T.J. and Norwood, A., 2020. Taxes and
entrepreneurship: A literature review and research agenda. Foundations and
Trends® in Entrepreneurship, 16(5), pp.393-443.
• Brush, C., et. al., 2019. A gendered look at entrepreneurship ecosystems. Small
Business Economics, 53(2), pp.393-408.
• Doern, R., 2017. Strategies for resilience in entrepreneurship: Building
resources for small business survival after a crisis. In Creating Resilient
Economies. Edward Elgar Publishing.