Entrepreneurship Analysis: Success Factors of Wang Jianlin & Nilekani

This essay explores the entrepreneurial journeys and success factors of Wang Jianlin and Nandan Nilekani, two prominent figures in the business world. It details their backgrounds, highlighting their experiences and the challenges they overcame to achieve significant success in their respective fields. The essay emphasizes the importance of decision-making skills, risk-taking abilities, and the support of a robust entrepreneurial ecosystem, including financial, technological, market, social, and environmental support. Furthermore, it discusses how their achievements inspire other entrepreneurs and underscores the essential skills required for success in the business world. The analysis includes references to relevant academic sources to support the arguments presented.

Entrepreneurship
Task 4

Cover Content
• Introduction
• Backgrounds and the experiences hinder the entrepreneurship
• References

Introduction
There are lots of ventures exist in market which are started
by single individuals through investing capital with an
objective of bringing new products and services so as to
fulfil the needs and requirements. This will help in
developing the economy of the country through generating
huge employment opportunities to the maximum number of
people.

Backgrounds and the experiences hinder
the entrepreneurship
Wang Jianlin and Nandan Nilekani are two known entrepreneurs who
are currently attained strong identity in business world. They firstly
enters into market with small business and later on, with the help of
their expertise skills and knowledge they are successfully expand their
business on large scale and capturing large market share. Because of
their decisions making skills, they both have achieved strong image in
their respective fields.

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As Journey of businessmen are not easy due to having lots of issues and difficulties
which comes in the way of success. Such given entrepreneurs are gained so much
from their past due to which they have understand the value of achieving success.
Getting maximum support from their family and relatives maximising their efforts
in achieving desired goals and objectives. These all will motivate them to work hard
and give maximum efforts in reaching their business to higher position in market.

Background of Wang Jianlin
Wang Jianlin comes from middle class family. At the age of 18, he had been
recruited in People's Liberation Army and thereafter, he moves towards the
city of Dalian and worked as a post of office administrator for the Xigang
District.

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This is one of the big achievement of this life at that time. At present
times, his company generated over 21.57 million square metres of
investment property, 1678 Wanda shopping Plaza and many more.
He got big achievement in 2012 when he acquired world's largest
theatre owner named as “AMC Theatres”.

Background of Nandan Nilekani
Nandan Nilekani is an Indian entrepreneur, bureaucrat and politician.
He is the co-founder of one of the reputed IT services provided
company known as Infosys. In 2017, he has been appointed for the
post of non-executive chairman of the board. He gets adequate
support form their family with the help of which he started his own
business.

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He has completed its education from Indian Institute of Technology
Bombay, Mumbai. He got position as a CEO of Infosys from 2002
to 2007. During this period, Infosys has achieved remarkable
revenue of approx. 3 billion that makes their company one of the
higher revenue grosser in business world.

Entrepreneurial ecosystem:
It is essential need for a model of entrepreneurship that helps in
capturing all elements which gives maximum support to achieve
growth and success. There are eight elements which has developed
an entrepreneurial ecosystem due to which several condition
contributed to the various structure in single support system.