Course: Entrepreneurial Analysis of Steve Jobs' Characteristics

This report provides an assessment of entrepreneurial characteristics, focusing on Steve Jobs. It begins with an introduction to the factors that influence entrepreneurs, such as access to information, environmental scanning, and the utilization of technology. The report then delves into the characteristics of successful entrepreneurs, including drive, internal locus of control, risk-taking, and creativity, using Steve Jobs as a case study. It examines Jobs' behaviors, including ambition, initiative, courage, and his unique ability to 'ignore reality,' along with his leadership style and its impact on Apple's innovation and product development, such as the iPhone and iPad. The analysis covers Jobs' creativity, his ability to handle innovation, and the principles of entrepreneurial innovation. Finally, the report presents a critical review of relevant theories and paradigms related to entrepreneurship and innovation, highlighting how Jobs' approach shaped Apple's success and influenced the computer industry.

Assessment of actual entrepreneur
Name:
Course:

Introduction and background
First: Entrepreneur characteristics
Second: Analysis of entrepreneur's level of creativity and ability to
handle innovation
Third: A critical review of relevant theories and paradigms
Contents

Entrepreneurs depend on several interrelated factors to achieve
their desired goals, including access to information, environmental
scanning and knowledge sharing to enhance organizational
learning. Entrepreneurs who are highly committed to self-
efficiency for success are more capable of exploiting opportunities
and achieving higher levels of performance (Drnovšek, et al., 2010).
Introduction and background

They tend to use the latest technology developments, involve their
stakeholder in decision making, conduct market research and
effectively communicate their ideas and developed products and
services (Drnovšek, et al., 2010).
Introduction and background
Cont.

Startup entrepreneurships are highly challenged with
various internal and external factors that represent a
common stream among them. They are devoted to financial
challenges, human resources, support mechanisms,
environmental elements and market size (Short, et al., 2010).
Introduction and background
Cont.

Contemporary entrepreneurial practices show that entrepreneurs
can utilize tools and methodologies to enhance their startup
movements through learning and development (Weiblen &
Chesbrough, 2015).
Introduction and background
Cont.

Developing and applying performance indicators help
entrepreneurs to measure their overall performance and align their
products and services and business processes with their strategic
orientation. Major performance indicators involve sales volume,
revenues, quality and high conversation rates (Mansour &
Barandas, 2017).
Introduction and background
Cont.

The experiential learning is highly important to be implemented in
entrepreneurial organizations; it enables knowledge creations
through interaction between the past knowledge of the
entrepreneur and the newly gained experience (Mansoori, 2017).
Introduction and background
Cont.

The entrepreneurs go through a circular process across different
learning phases; from acting to reflecting, then they move to
conceptualization. Entrepreneurs are described to achieve the
highest levels of learning when they start to change their beliefs
and pattern of behavior (Mansoori, 2017).
Introduction and background
Cont.

According to Morris, et al. (2008) as cited in (He, 2014), entrepreneurs
are characterized with certain traits, as follows
• Drive to achieve
• Internal locus of control
• Calculated risk taking
• Tolerance of ambiguity
First: Entrepreneur characteristics

• Commitment / Perseverance
• Independence
• Self-confidence / Optimism
• Tolerance for failure
• Persistent problem solving
• Opportunity orientation
First: Entrepreneur characteristics
Cont.

• Integrity and Reliability
• High energy level
• Resourcefulness
• Creativity and innovativeness
• Vision
• Team building
First: Entrepreneur characteristics
Cont.