Sunday, May 24, 2020

Entrepreneurs Personality for Being Successful in Business

Entrepreneurs Personality for Being Successful in Business Miss. Sarita Ghanshyam Tiwari, (M.Com. M. Phil.) e-mail: tiwari_sarita@rediffmail.com Abstract Business success may causes due to many factors, but the greatest determinant of the business success is the entrepreneur himself / herself. Therefore, the question of what makes a successful entrepreneur is very important. There have been many answers to this question. Some people think entrepreneurs are born, others that they are made. Some see entrepreneurs as passionate leaders with a vision that is totally focused on one objective, while others describe them as compulsive controller. Some says entrepreneurs are risk takers while others say they are†¦show more content†¦whether is it a nice book or not? Here a decorative cover page does not carry a long lasting impact on that persons mind. Therefore, personality includes both factors i.e. physical appearance and formidable foundation of good behavior and character. Physical appearance is that personality which creates first impression in front of others that’s why it can be taken as the ‘primary or outer’ personality of an individual, while foundation is considered as ‘secondary or inner’ personality because it has second impact on others. It is not necessary that one should possess physical appearance because it is sometimes depends on the heredity factors of that person. It is inborn type of personality and sometimes depends on the luck factor too. If a person got good looks then it adds to his plus point. We should remember that a person’s height, weight and complexion are not in his hand but he can take care to keep himself neat and clean to impress others. Thus, working on primary personality is necessary but only putting concentration on it is not sufficient. The best personality is based on the solid foundation of character. Good behavior and co-operation makes a man popular. But this strong foundation is not an inborn quality of a person. It can be developed from one’s childhood and has impact of family, family background, friends, working area, society, regions and experience etc. These factors also contribute in developing one’s character and behavior.Show MoreRelated The Keys to Entrepreneurship Essay710 Words   |  3 Pagesto Entrepreneurship What makes a successful entrepreneur? What can one do to put oneself in a position to succeed on their own? Jay Goltz, for example, is an extremely successful entrepreneur who started his business from the ground up. In the summer of 1978, Jay Goltz founded the Artist’s Frame Service. His business started by using his father’s basement as his office, but eventually moved to an old factory district in Chicago. Today, Goltz’s business in the largest retail, custom pictureRead MoreEntrepreneurship Is A Nature Or Nurture Process Essay1468 Words   |  6 Pagescomplex field of study in business that sparks much debate. One prominent discussion relates to whether entrepreneurship is a nature or nurture process. In order to answer this question, entrepreneurship must first be defined. As it is a multi-faceted field that spans across a wide range of contexts, there is no agreed definition of entrepreneurship (Schaper, 2014). For the context of this essay, however, it is a process that brings together a team- with a leading entrepreneur-, an opportunity, the rightRead MoreDoes Education Or Genetic Inheritance Play An Role Of An Entrepreneur?1560 Words   |  7 Pagesrole in the becoming of an entrepreneur? Entrepreneurs are individuals who take the initiative to invest in a business idea that they consider an opportunity, therefore willing to accept eventual risks and devote a lot of time and effort into their ideas. Because these people are often under a lot of work pressure and frequently need to calculate and innovate their ideas, many people consider Entrepreneurs to be creative and hard workers. However, being an entrepreneur is not something that everybodyRead MoreThe Concept Of An Entrepreneurship1345 Words   |  6 Pagesby many different people. The Business in Action textbook defines entrepreneurship as the combination of innovation, initiative and willingness take risks required to create and operate new businesses and an entrepreneur as a person with positive, forward-thinking desire to create profitable, sustainable business enterprise. According to this definition, a small business owner could definitely be classed as an entrepreneur, as anyone who runs and owns their ow n business is taking risks with their financesRead MoreEssay The Missing Entrepreneur in Economics1602 Words   |  7 Pageseconomic research denies the innate characteristics of the entrepreneur. Rather than attributing economic growth and innovation to personality traits, economists would rather advocate a form of economic determinism: if an aggressive personality dominated an industry, economists try to explain the characteristics of the industry that made aggression a successful strategy. Economic models are contrived to remove the personality from the entrepreneur, to make all entrepreneurial decisions predestined, givenRead MoreWhy Entrepreneurs Start Their Own Business1676 Words   |  7 Pagesdeveloping society. The term ‘entrepreneur’ is becoming increasingly common amongst individuals in society. Living in a constantly developing world, with rapid technological, environmental and social changes that effect the way we live means the modern man is constantly seeking new and innovative ways to adapt to these changes. During this research paper I will discuss my findings of what the motivations are of an entrepreneur to start a business. Having interviewed an entrepreneur, I got a sense of howRead MoreThe Practice Of Entrepreneurship Through Time And The Global Enterprise1642 Words   |  7 Pagesthe global enterprise. During the life of Marco Polo, entrepreneurship was defined as the practice of being the â€Å"go-between† (Arthur Hisrich, 2011, p. 2) in trade endeavors. Today, the definition includes: the development of ideas, comprehensive risk, commitment of time and resources, and vision with the overarching goal of holistic success and autonomy (Arthur Hisrich, 2011). The entrepreneur exudes behaviors which foster initiative, orchestrate options, and accept responsibility for the successRead MoreThe Success Of New Ventures1354 Words   |  6 Pagestag lines such as â€Å"own your own business now† attached to advertisements pushing the sale of franchises or becoming an entr epreneur. It is a fallacy. A franchise owner is not necessarily an entrepreneur. Entrepreneurs are good business people. They are visionaries who take the time to plan, and the time to participate in the day to day activities needed to achieve long term objectives, and who are passionate about an idea; all of these lead to a successful entrepreneur. Research shows the reasons forRead MoreEntrpreneurs Who are Born or Made1049 Words   |  5 PagesIntroduction Entrepreneurs are born. This statement by Professor James V. Koch from Old Dominion University, Virginia, USA reflects that entrepreneurs have entrepreneurship skills that are part of a person’s innate traits one must be born with (Kuratko 2014). Entrepreneur who is born is the entrepreneur that has a family business. The entrepreneur inherits their parent’s business. Inheritance can make a person to be an entrepreneur. Matter of fact, heredity affects personality and behavior (DaleyRead MoreWhat Do We Call People Who Start Their Own Businesses?1504 Words   |  7 PagesWhat do we call people who start their own businesses? Who put their ideas into action? Who create opportunities for others? The term is ‘Entrepreneurs’, they are people who take advantage of a profitable opportunity and take the risk to create and start up their own business. They try and achieve the unmet wants and needs of society. Entrepreneurs have inspired what we now call the ‘Entrepreneurial Spirit,’ which could be defined as an attitude and approach to thinking that actively seeks out change

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.