Jeff Bezos and the Principles of International Entrepreneurship
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This report provides an analysis of Jeff Bezos as an international entrepreneur, examining the factors that influenced his success, including familial influences, education, prior experience, and push/pull factors. It explores the OCEAN theory of motivation and how Bezos' personality aligns with traits like openness, conscientiousness, extraversion, agreeableness, and neuroticism. The report also discusses the principles of effectuation, such as bird in hand, affordable loss, crazy quilt, lemonade, and pilot in the sky, and how Bezos applied these principles. Furthermore, it touches on technological entrepreneurship, highlighting Bezos' contributions and the current debates in the field, concluding that international entrepreneurship plays a vital role in global economic development. Desklib provides access to similar solved assignments and resources for students.

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INTRODUCTION
According to the McDougall international enterpreneur is a development of international
new ventures or start-ups by the person on their own risk (Zucchella, 2021). The person which are
taking risk to established business venture is called Entrepreneur. There are many qualities and
traits such as entrepreneurial qualities, leadership qualities and risk taking abilities are present in
these types of persons (Toledano, 2020). According to Kirzner, the main element of international
entrepreneur is their alertness and it makes the person to find the valuable things to fulfil the
human wants. Jeff bezos is the international Entrepreneur which is chosen here to demonstrate
this report. This report states various factors which influence Jeff bezos to become successful
entrepreneur. It also states various theories of motivation.
About Jeff Bezos
Jeff Bezos is an American entrepreneur media proprietor and investor which performs the
business under E-commerce industry. He is a founder and executive chairman of Amazon which
is one of the biggest E-commerce website of the world having. He is the second wealthiest
person of the world. One of the most important reason for their success is their effective
entrepreneurial capabilities and their leadership skills.
Factors provide motivation to Jeff bezos to become international entrepreneur
There are many factors which influence Jeff bezos to become successful international
entrepreneur and the brief discussion of those push factors which influence the individual to
become international entrepreneur.
Familial influences :- It is the most important factor which influence the person to do
something to improve their family financial conditions. Jeff Bezos was born in small and
middle class family whose financial conditions are not well and faces many problems to
satisfy their needs. These factors influence the personality of Bezos to do something big
for their family.
Education :- It is an important factor to become entrepreneur because education enables
the person to think out of the box. Jeff bezos has serious interest in computers in their
early age and it studies computer science and electrical engineering from Princeton
university (Jeff bezos, 2021]. This interest of bezos helps them to establishes vast online
shopping network.
According to the McDougall international enterpreneur is a development of international
new ventures or start-ups by the person on their own risk (Zucchella, 2021). The person which are
taking risk to established business venture is called Entrepreneur. There are many qualities and
traits such as entrepreneurial qualities, leadership qualities and risk taking abilities are present in
these types of persons (Toledano, 2020). According to Kirzner, the main element of international
entrepreneur is their alertness and it makes the person to find the valuable things to fulfil the
human wants. Jeff bezos is the international Entrepreneur which is chosen here to demonstrate
this report. This report states various factors which influence Jeff bezos to become successful
entrepreneur. It also states various theories of motivation.
About Jeff Bezos
Jeff Bezos is an American entrepreneur media proprietor and investor which performs the
business under E-commerce industry. He is a founder and executive chairman of Amazon which
is one of the biggest E-commerce website of the world having. He is the second wealthiest
person of the world. One of the most important reason for their success is their effective
entrepreneurial capabilities and their leadership skills.
Factors provide motivation to Jeff bezos to become international entrepreneur
There are many factors which influence Jeff bezos to become successful international
entrepreneur and the brief discussion of those push factors which influence the individual to
become international entrepreneur.
Familial influences :- It is the most important factor which influence the person to do
something to improve their family financial conditions. Jeff Bezos was born in small and
middle class family whose financial conditions are not well and faces many problems to
satisfy their needs. These factors influence the personality of Bezos to do something big
for their family.
Education :- It is an important factor to become entrepreneur because education enables
the person to think out of the box. Jeff bezos has serious interest in computers in their
early age and it studies computer science and electrical engineering from Princeton
university (Jeff bezos, 2021]. This interest of bezos helps them to establishes vast online
shopping network.

Prior experience :- It is very helpful for any international entrepreneur to have prior
experience because it provides support in connections with different corporates. After
completing the graduation form Princeton university bezos does job in many finance
company such as wall street and fitel. This experience provides support to provide
finance for their company.
Push and pull factors :- There are many pull and push factors which influence the
behaviour of person to established venture and become successful international
entrepreneur. Bezos also has many pull and push factors such as their family conditions,
love towards technology and their experience.
Entrepreneur born or made
It is said in the past time that the person is born entrepreneur and the qualities and skills
related to leadership are genetic which they received from their parents. But it is not right
because entrepreneurial qualities can be developed and achieved by the proper training and
development. One the most practical example of this statement is the Jeff bezos. They are not
belonging to the entrepreneur family but they develop their skills and makes the biggest
organisation of the world and become successful entrepreneur.
Ocean theory of motivation
This theory of personal trait discuss various traits to be present in person to become
successful international entrepreneur. It is said by many persons in the past times that the
entrepreneur are born not made but this saying are proved wrong by many persons to develops
the enterpreneural trais and qualities by proper training and efforts. One of the most important
example of self-made entrepreneur is Jeff bezos. Discussion related to these traits on Jeff bezos
personality are given below.
Openness :- It is very important trait and this trait need creativity and open minded in particular
person to become international entrepreneur. The thinking of Jeff bezoz has an ability to think
out of the box and not limited to any specific aspect. This trait of bezos enables them to think
creative ideas to apply in their business.
experience because it provides support in connections with different corporates. After
completing the graduation form Princeton university bezos does job in many finance
company such as wall street and fitel. This experience provides support to provide
finance for their company.
Push and pull factors :- There are many pull and push factors which influence the
behaviour of person to established venture and become successful international
entrepreneur. Bezos also has many pull and push factors such as their family conditions,
love towards technology and their experience.
Entrepreneur born or made
It is said in the past time that the person is born entrepreneur and the qualities and skills
related to leadership are genetic which they received from their parents. But it is not right
because entrepreneurial qualities can be developed and achieved by the proper training and
development. One the most practical example of this statement is the Jeff bezos. They are not
belonging to the entrepreneur family but they develop their skills and makes the biggest
organisation of the world and become successful entrepreneur.
Ocean theory of motivation
This theory of personal trait discuss various traits to be present in person to become
successful international entrepreneur. It is said by many persons in the past times that the
entrepreneur are born not made but this saying are proved wrong by many persons to develops
the enterpreneural trais and qualities by proper training and efforts. One of the most important
example of self-made entrepreneur is Jeff bezos. Discussion related to these traits on Jeff bezos
personality are given below.
Openness :- It is very important trait and this trait need creativity and open minded in particular
person to become international entrepreneur. The thinking of Jeff bezoz has an ability to think
out of the box and not limited to any specific aspect. This trait of bezos enables them to think
creative ideas to apply in their business.
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Conscientiousness :- This trait requires some qualities to be present in person to become
international entrepreneur such as thoughtfulness, good impulse control and goal oriented
behaviour ( Poblete and Mandakovic, 2021). One of the important trait of bezos is their goal
oriented behaviour (The big five personality trait, 2021). With the help of this trait it makes goals
for their development and contentiously work towards the achievement of these goals.
Extraversion :- It is related to excitability,sociability and talkativeness behaviour of a person.
These traits enables the person to find and grab opportunities present in market. Bezos organises
many public interaction sessions under which it provides many suggestion for personality
development and it also grab the ideas and suggestions from public.
Agreeableness :- It is considered that those people which are more agreeable with the other
suggestion and ideas has more chances to become successful entrepreneur. It enables
entrepreneur right direction to satisfy the needs of customers.
Neuroticism :- It is related to those trait of person which makes them sad, moodiness and
emotional instability. The low level of this trait is considered to be desirable for international
entrepreneur.
These traits concludes that entrepreneur can be made by developing various traits and
qualities of entrepreneur and it also be born if their family background are suitable for business
and helps them to establish successful venture.
Principles of effectuation
Effectuation is generally a framework to make decisions by entrepreneur on various aspects and
it also related to their reasoning (Emontspool and Servais, 2017). The concept of effectuation
generally considered that the future are unpredictable and any casualty will be happened but it
can be control by human efforts. There are many principles of this concept which are given
below.
Bird in hand :- The whole concept of this principle is to analyse the personal means of a person
and proper analysation of this need makes the person successful entrepreneur.
international entrepreneur such as thoughtfulness, good impulse control and goal oriented
behaviour ( Poblete and Mandakovic, 2021). One of the important trait of bezos is their goal
oriented behaviour (The big five personality trait, 2021). With the help of this trait it makes goals
for their development and contentiously work towards the achievement of these goals.
Extraversion :- It is related to excitability,sociability and talkativeness behaviour of a person.
These traits enables the person to find and grab opportunities present in market. Bezos organises
many public interaction sessions under which it provides many suggestion for personality
development and it also grab the ideas and suggestions from public.
Agreeableness :- It is considered that those people which are more agreeable with the other
suggestion and ideas has more chances to become successful entrepreneur. It enables
entrepreneur right direction to satisfy the needs of customers.
Neuroticism :- It is related to those trait of person which makes them sad, moodiness and
emotional instability. The low level of this trait is considered to be desirable for international
entrepreneur.
These traits concludes that entrepreneur can be made by developing various traits and
qualities of entrepreneur and it also be born if their family background are suitable for business
and helps them to establish successful venture.
Principles of effectuation
Effectuation is generally a framework to make decisions by entrepreneur on various aspects and
it also related to their reasoning (Emontspool and Servais, 2017). The concept of effectuation
generally considered that the future are unpredictable and any casualty will be happened but it
can be control by human efforts. There are many principles of this concept which are given
below.
Bird in hand :- The whole concept of this principle is to analyse the personal means of a person
and proper analysation of this need makes the person successful entrepreneur.
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Affordable loss :- This principle of effectuation enables the entrepreneur to invest in those areas
where the possibility of loss is minimum. Jeff bezos always invest in those busienss which they
found to be more profitable and free from loss.
Crazy Quilt :- This principle enables the entrepreneur to develop a network of different
stakeholders and states that entrepreneur should focus on partnership instead of competition. One
of the most important feature of jeff bezos is their ability to develops relations with other
business associations.
Lemonade :- This principle of effectuation states the entrepreneur to use their self selected
stakeholders with their best advantage and always try to surprise them from their achievement.
Jeff bezos uses the potential of their workers to achive the goals of the business.
Pilot in the sky :- It emphasizes the entrepreneur to make provisions for future with the help of
their partners and stakeholders.
The principle of pilot in the sky is applied by Jeff bezos to become successful
entrepreneur.Jeff bezos most important principal for success, 2019) it always uses the strength of
their stakeholders and becomes control in any situation.
Lesson teaches by Jeff bezos (successful entrepreneur)
Jeff bezos follows the transformational and task oriented leadership style. This leadership style
of bezos enables the person to use dynamic leadership style in different situation because
individual leadership style cannot work in all situation. It emphasizes the person to not care
about the result and focus on completing the task with great efficiency.
Part-B
The theme which is describe here is technological entrepreneurship and this theme is the
best theme fitted on Jeff bezos (Ratten and Usmanij, 2021). It has huge contribution in
technological entrepreneurship. Definitions of Technological are given blow.
Technological entrepreneurship is related to those style of leadership under which the
entrepreneur grab all the opportunities related to technology from the market, utilise all the
where the possibility of loss is minimum. Jeff bezos always invest in those busienss which they
found to be more profitable and free from loss.
Crazy Quilt :- This principle enables the entrepreneur to develop a network of different
stakeholders and states that entrepreneur should focus on partnership instead of competition. One
of the most important feature of jeff bezos is their ability to develops relations with other
business associations.
Lemonade :- This principle of effectuation states the entrepreneur to use their self selected
stakeholders with their best advantage and always try to surprise them from their achievement.
Jeff bezos uses the potential of their workers to achive the goals of the business.
Pilot in the sky :- It emphasizes the entrepreneur to make provisions for future with the help of
their partners and stakeholders.
The principle of pilot in the sky is applied by Jeff bezos to become successful
entrepreneur.Jeff bezos most important principal for success, 2019) it always uses the strength of
their stakeholders and becomes control in any situation.
Lesson teaches by Jeff bezos (successful entrepreneur)
Jeff bezos follows the transformational and task oriented leadership style. This leadership style
of bezos enables the person to use dynamic leadership style in different situation because
individual leadership style cannot work in all situation. It emphasizes the person to not care
about the result and focus on completing the task with great efficiency.
Part-B
The theme which is describe here is technological entrepreneurship and this theme is the
best theme fitted on Jeff bezos (Ratten and Usmanij, 2021). It has huge contribution in
technological entrepreneurship. Definitions of Technological are given blow.
Technological entrepreneurship is related to those style of leadership under which the
entrepreneur grab all the opportunities related to technology from the market, utilise all the

available resources and manage he growth and development of organisation and also their
personal development.
Technological entrepreneurship refers to the utilisation of internet and make their
business successful.
Features of International entrepreneurship
There are many features of international entrepreneurship because it is very important
and attractive aspect and the brief discussion are given below.
One of the most important feature of Jeff bezos is that the mind set of entrepreneur are
creative and innovative.
It is a task oriented concept as Jeff bezos believed to complete the task instead of care
about the result.
It helps the Jeff bezos to achieve international marketing capabilities. Jeff has operates
their business in man countries and applied different marketing techniques.
The most important feature of Jeff bezos is their flexibility to adopt the changes occur in
business environment and their organisation.
It enables the entrepreneur to make effective differentiation and focus strategy.
Current debates on international entrepreneurship
There are many areas where technological entrepreneurship plays important role and Jeff
bezos has huge contribution in this working area. Technological entrepreneurship has great role
in global economy. There are may companies which operates their business online and provides
huge revenue generations to their economies such as Alibaba, Walmart, Amazon and many
more. There are also many entrepreneur which puts efforts to make technological entrepreneur
successful such as Elon musk and Jeff bezos. These entrepreneur changes the concept of
entrepreneur and makes possible those things to do online which is considered to be impossible.
One of the most important important issue which many international entrepreneurs faces
in their business is cash flow problem (Rezazadeh and Nobari, 2018.). After the covid outbreak
this will become the common problem of every business. Every business need considerable cash
flow to operates their business operations effectively.
CONCLUSION
It is concluded from this report that international entrepreneurship plays a important role
in the development of global economy and there are many entrepreneur which analyses the need
personal development.
Technological entrepreneurship refers to the utilisation of internet and make their
business successful.
Features of International entrepreneurship
There are many features of international entrepreneurship because it is very important
and attractive aspect and the brief discussion are given below.
One of the most important feature of Jeff bezos is that the mind set of entrepreneur are
creative and innovative.
It is a task oriented concept as Jeff bezos believed to complete the task instead of care
about the result.
It helps the Jeff bezos to achieve international marketing capabilities. Jeff has operates
their business in man countries and applied different marketing techniques.
The most important feature of Jeff bezos is their flexibility to adopt the changes occur in
business environment and their organisation.
It enables the entrepreneur to make effective differentiation and focus strategy.
Current debates on international entrepreneurship
There are many areas where technological entrepreneurship plays important role and Jeff
bezos has huge contribution in this working area. Technological entrepreneurship has great role
in global economy. There are may companies which operates their business online and provides
huge revenue generations to their economies such as Alibaba, Walmart, Amazon and many
more. There are also many entrepreneur which puts efforts to make technological entrepreneur
successful such as Elon musk and Jeff bezos. These entrepreneur changes the concept of
entrepreneur and makes possible those things to do online which is considered to be impossible.
One of the most important important issue which many international entrepreneurs faces
in their business is cash flow problem (Rezazadeh and Nobari, 2018.). After the covid outbreak
this will become the common problem of every business. Every business need considerable cash
flow to operates their business operations effectively.
CONCLUSION
It is concluded from this report that international entrepreneurship plays a important role
in the development of global economy and there are many entrepreneur which analyses the need
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of online business and grab the opportunities from the market. This report concludes various
factors which influences the behaviour of person to become entrepreneur and also contains
detailed explanation of various factors of ocean principles (Laguía and Moriano, 2021). It also
concludes the principle of effectuation under which various factors such as bird in hand,
affordable loss, crazy quit, lemonade and pilot in the sky.
factors which influences the behaviour of person to become entrepreneur and also contains
detailed explanation of various factors of ocean principles (Laguía and Moriano, 2021). It also
concludes the principle of effectuation under which various factors such as bird in hand,
affordable loss, crazy quit, lemonade and pilot in the sky.
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REFERENCES
Books and Journals
Poblete, C. and Mandakovic, V., 2021. Innovative outcomes from migrant entrepreneurship: a
matter of whether you think you can, or think you can’t. International Entrepreneurship
and Management Journal, 17(2), pp.571-592.
Dheer, R.J., 2018. Entrepreneurship by immigrants: a review of existing literature and directions
for future research. International Entrepreneurship and Management Journal, 14(3),
pp.555-614.
Dzisi, S. and Odoom, F., 2017. Entrepreneurship education and training in higher educational
institutions in Ghana. Journal of International Entrepreneurship, 15(4), pp.436-452.
Emontspool, J. and Servais, P., 2017. Cross-border entrepreneurship in a global world: a critical
reconceptualisation. European Journal of International Management, 11(3), pp.262-279.
Laguía, A. and Moriano, J.A., 2021. Perceived representation of entrepreneurship in the mass
media and entrepreneurial intention. International Entrepreneurship and Management
Journal, 17(1), pp.401-421.
Ratten, V. and Usmanij, P., 2021. Entrepreneurship education: Time for a change in research
direction?. The International Journal of Management Education, 19(1), p.100367.
Rezazadeh, A. and Nobari, N., 2018. Antecedents and consequences of cooperative
entrepreneurship: A conceptual model and empirical investigation. International
Entrepreneurship and Management Journal, 14(2), pp.479-507.
Toledano, N., 2020. Looking for god, meaning, physical fitness and beyond: the religious and
spiritual space in sport entrepreneurship. International Entrepreneurship and
Management Journal, 16(3), pp.897-916.
Zucchella, A., 2021. International entrepreneurship and the internationalization phenomenon: taking
stock, looking ahead. International Business Review, 30(2), p.101800.
online: Jeff bezos. 2021 [online]. Availaible through :<https://www.biography.com/business-
figure/jeff-bezos>
Books and Journals
Poblete, C. and Mandakovic, V., 2021. Innovative outcomes from migrant entrepreneurship: a
matter of whether you think you can, or think you can’t. International Entrepreneurship
and Management Journal, 17(2), pp.571-592.
Dheer, R.J., 2018. Entrepreneurship by immigrants: a review of existing literature and directions
for future research. International Entrepreneurship and Management Journal, 14(3),
pp.555-614.
Dzisi, S. and Odoom, F., 2017. Entrepreneurship education and training in higher educational
institutions in Ghana. Journal of International Entrepreneurship, 15(4), pp.436-452.
Emontspool, J. and Servais, P., 2017. Cross-border entrepreneurship in a global world: a critical
reconceptualisation. European Journal of International Management, 11(3), pp.262-279.
Laguía, A. and Moriano, J.A., 2021. Perceived representation of entrepreneurship in the mass
media and entrepreneurial intention. International Entrepreneurship and Management
Journal, 17(1), pp.401-421.
Ratten, V. and Usmanij, P., 2021. Entrepreneurship education: Time for a change in research
direction?. The International Journal of Management Education, 19(1), p.100367.
Rezazadeh, A. and Nobari, N., 2018. Antecedents and consequences of cooperative
entrepreneurship: A conceptual model and empirical investigation. International
Entrepreneurship and Management Journal, 14(2), pp.479-507.
Toledano, N., 2020. Looking for god, meaning, physical fitness and beyond: the religious and
spiritual space in sport entrepreneurship. International Entrepreneurship and
Management Journal, 16(3), pp.897-916.
Zucchella, A., 2021. International entrepreneurship and the internationalization phenomenon: taking
stock, looking ahead. International Business Review, 30(2), p.101800.
online: Jeff bezos. 2021 [online]. Availaible through :<https://www.biography.com/business-
figure/jeff-bezos>

online : The big five personality trait. 2021 [online]. Availaible through
:<https://www.verywellmind.com/the-big-five-personality-dimensions-2795422>
online : Jeff bezos most important principal for success. 2019 [online]. Availaible
through :<https://medium.com/swlh/jeff-bezos-5-most-important-principles-for-success-
bcb82bd5ea0e>
:<https://www.verywellmind.com/the-big-five-personality-dimensions-2795422>
online : Jeff bezos most important principal for success. 2019 [online]. Availaible
through :<https://medium.com/swlh/jeff-bezos-5-most-important-principles-for-success-
bcb82bd5ea0e>
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Do you want full access?
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