Characteristics of Successful Entrepreneurs: A Zuckerberg Report

This report analyzes the entrepreneurial characteristics of Mark Zuckerberg, focusing on four key traits: commitment and determination, tolerance for ambiguity, high energy level, and seeking feedback. The report explains each characteristic, providing examples of how Zuckerberg embodies them in his leadership of Facebook. It also explores the critical role of passion in entrepreneurial success, highlighting its impact on vision, hard work, and risk-taking. The analysis is supported by references and demonstrates how these traits contribute to building a successful business. The report references academic sources to support the claims made about the subject.

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Running Head: INTERNATIONAL BUSINESS 0

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Table of Contents
Character....................................................................................................................................2
Commitment and determination.............................................................................................2
Tolerance for ambiguity.........................................................................................................2
High energy level...................................................................................................................2
Seeking feedback....................................................................................................................3
Passion........................................................................................................................................3
References..................................................................................................................................4

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Character
Commitment and determination
Commitment includes a dedication to lead an organization with a better relationship to
create long term goals and determination is the essences to increase the chance of success to
achieve a goal. Commitment is part of identity. From the perspective of a co-founder of
Facebook Mark Zuckerberg oversees this responsibility area to achieve goals. It generates the
perfect opportunity for a business owner to operate the market more prospectively. This is
maintained by the user’s base requirement. It is a regular determined effort make in favor of
the organization. Facebook believes in opinion and takes appropriate action to achieve a goal.
This allows the organization to market embodies as an entrepreneur’s to make a vision and
unlocks true potential. It has a common theme across the business and change model of
business to achieve goals and sentiment resonates strongly by achieving destiny (Ashworth,
2019).
Tolerance for ambiguity
Tolerance for ambiguity is a degree that is contented with uncertainty, conflicting
directions, unpredictability, and multiple demands. This is a manifest of an entrepreneur
ability to operate a business in an uncertain environment as well (Lucarelli , 2019). It has
been developed over time by experience and exists many different degrees that vary
according to the period with comparison to others. Zuckerberg believes to focus on goals and
ambitions. He has established a problem-solving model and decision-making model as an
approach to solving high-level issues. He focused on what matters most and serve according
to the requirement of the community. He accepts offers of buyers and invests more with the
promise to enhance satisfaction. The ability to move fast enables to build more thing with
appropriate action to satisfy the regular needs of the user. Because of his characteristics to
tolerance for ambiguity allowed him to achieve success in mere of 10 years that took 30 years
by Bill Gates to achieve.
High energy level
The high energy level is presented by strong communication. This is an important
aspect of leadership (Jain, 2012). His public speaking style is poised, articulate, and
confident. Zuckerberg is admired with a high energy level of speaking with team and world.
The high energy level helps to present more energy and execute within the team that proves
hard work. For this, he has increased interaction with people and run many programs within

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the system and accept ideas. High energy level approach of Mark Zuckerberg demonstrates
quality to perceive opportunity. The high energy level is looked with the passion to establish
high-level networks in spare time with the development of programs and channel that
included artificial intelligence software to identify more opportunities. He presents a high
energy level by an attitude to risk and has back up plans.
Seeking feedback
He believes that the ability of adaptable supports him to build this position. He likes
to listen to the feedback of the user and act according to them. He also believes in seeking to
users both quantitatively and qualitatively. He applies many changes and establishes them
according to the user’s experience and feedback. The organization develops many
innovations according to feedbacks and interactions of users (Boud, 2016). Innovation with
adaptability allows for handling situations. He has faced criticism and privacy allegation
toward user’s privacy. He gave users more controls over the things they post and control over
their privacy. He has learned that experience of user’s matters at large level in a process of
decision making that he included in the experience of the user. The key is to distinguish
between the real mistake and false-positive mistake. He believes that criticism should be
taken positively and treated as fuel creativity in success (Augusto, 2019).
Passion
Entrepreneurship has been described as willingness and capacity to organize business
venture. Passion drives an entrepreneur as entrepreneurship is not easy. Passion is a crucial
component of entrepreneurial success (Baldwin, 2015). Entrepreneurship includes vision,
hard work, uncertain returns, and reasonable amount of stress. An entrepreneur takes risk to
innovate and try to do something that has not been done yet and takes risk. This is necessary
to have a passion to achieve vision of the organization. Passion of an entrepreneur helps to
put all efforts in business. Passion is a motivational concept that is characterized by positive
engagement with self-identity. Because of this organization has a large social network and
have more income, revenue, sales, and growth compared to less passionate entrepreneurs.
This affect investors, customers, employees, and product. This enables arguments, the
process of buying, and decisions of funding. Passion helps to tackle the business problems.
Passion of an entrepreneurship is presented by amazing amenities, products and business
plan. This boost confidence to evaluate plans of business, team and product.

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References
Ashworth, A. (2019). Characteristics of an Entrepreneur (Oxford University Press,
6th Ed, 2019) 24 (VI ed.). UK: Oxford University Press.
Baldwin, R. (2015). Robert Baldwin, Martin Cave and Martin Lodge, Understanding
Regulation: Theory, Strategy, and Practice (I ed.). UK: Oxford University Press.
Boud, D. (2016). Seeking Feedback (I ed.). UK: Routledg.
Jain, P. (2012). Higher level energy (McGraw Hill, 2nd Ed, 2012) 20 (II ed.). New
York: McGraw Hill.
Lucarelli , C. (2019). Tolerance of Ambiguity (II ed.). New York: Springer.