ENTR 201 - Entrepreneurship and Small Business Management Presentation

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Added on  2023/01/20

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This presentation delves into the core aspects of entrepreneurship and small business management, focusing on the personality traits and motivational drivers that contribute to entrepreneurial success. It introduces the OCEAN model for leadership traits, explaining openness, conscientiousness, extraversion, agreeableness, and neuroticism, and their impact on entrepreneurial behavior. The presentation explores various motivational drivers, including making a difference, personal benefits, satisfaction, and personal growth. It also provides real-world examples by examining the backgrounds and achievements of successful entrepreneurs, such as Sir Richard Branson and Sir Philip Green, highlighting their struggles and paths to success. This analysis underscores the idea that entrepreneurial skills are often developed through experience and perseverance, rather than innate qualities.
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Entrepreneurship and Small
Business Management
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Table of Content
Introduction
Ocean Personality Types
Motivational Drivers of Successful Entrepreneurs
Example of Success British Entrepreneur
Conclusion
References
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Introduction
This presentation is providing brief information of personality traits
and qualities of entrepreneur and covering the information of
driving forces of motivation in an entrepreneur. It is also explained
how a person became a leading entrepreneur.
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Ocean Model for Leadership Traits
Openness
Conscientiousness
Extraversion
Agreeableness
Neuroticism
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Openness- people who likes to learn new things
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Conscientiousness- High level of concentration level with
information of around place.
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Extraversion- Quality of energetic and sparkling personality.
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Agreeableness- Get agree to the smart and valuable ideas of employees.
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Neuroticism- Neuroticism and emotional stability means the
degree of control over anger and negative emotions. This is a
basic need of an entrepreneur cause some times they need to take
hard decisions and their emotional behavior can cause huge loss
to company. So, they need to be enough stable to keep the
problems away from company. Negative emotion can lead a
person to take wrong decision for company.
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Motivational Drivers for Entrepreneur
There are different motivational drivers for a entrepreneur and
these drivers are-
Make a difference
Get personal benefits
Satisfaction
Personal growth
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Make a difference- Come up with a vision that leads to change
different things in business.
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Get personal Benefits- Main motivational driver is profit and
revenue.
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