Entrepreneurship

6+6 Drivers

 

Entrepreneur

Definition and Attributes

 

By: Bill Bolton and John Thompson, the authors of  Entrepreneurs

 

Entrepreneur: 3 Key Roles Download PowerPoint presentation, pdf e-book

6+6 Drivers for Entrepreneurship

 

Entrepreneur Be Different and Make a Difference Entrepreneurial Creativity Innovation Discovering Opportunities Pursuing Opportunities Team Building and Teamwork Change Management Risk Management Smart Corporate Leader Customer Care Creating Sustainable Profits Entrepreneur Creating Customer Value Creativity Innovation Discovering Opportunities Entrepreneur: Definition and 10 Key Action Roles

 

  8 Key Entrepreneurial Questions

 

Creativity Opportunity Spotting

Would-Be Entrepreneur

Reality Check

Be a Negative Optimist

Entrepreneur

Entrepreneurship

High-Tech Entrepreneur

Venurepreneur's 88 Winning Habits

Entrepreneurial Creativity

Entrepreneurial Organization

Entrepreneurial Leadership

10 Steps to Develop Entrepreneurial Staff

The Deal-Killer Entrepreneurial Personality

Be a Negative Optimist

Be the Best Possible

Startup Firm

4 Entrepreneurial Strategies

11 Keys To a Good First Venture

Milestone Chart

Milestone Program Recommended by Indiaco

Start-up Capital Formation Process

5 Tips for Internet Startups

Rules for Business Success

What Changes as Company Grows

Business Plan

Business Plan Basics

Startup Business Plan

Business Model

New Business Models

Selecting the Right Business Model for Your Startup Venture

Small Business

Growth Categories of Small Firms

12 Reasons Why Companies Fail

10 Deadly Small Business Mistakes

7 Simple Steps to Small Business Success

10 Commandments for Building a Growing Business

9 Super-Slick Secrets to Boost Your Small Business Performance

Success Stories

Sabeer Bhatia

Phillip H. Knight

Innovatel

Who Is the Entrepreneur?

Entrepreneur is a person who habitually creates and innovates Download PowerPoint presentation, pdf e-book to build something of recognized value Download PowerPoint presentation, pdf e-book around perceived opportunities.

In this definition, all words are key words:

'Entrepreneur'
can be an individual entrepreneur, but also an entrepreneurial
team or even entrepreneurial organization

'A person'
emphasizes a personality rather than a system

'Habitually'
just cannot stop being an entrepreneur

'Creates'
starts from scratch and brings into being something that was not there before

'Innovates'
able to overcome obstacles that would stop most people; turns problems and risks
into opportunities; delivers - sees ideas through to final application

'Builds something'
describes the output of the creation and
innovation process

'Of recognized value'
encompasses economic,
commercial, social, or aesthetic value

'Perceived opportunities'
spotting the opportunity to exploit an idea that may or may not be original to the entrepreneur; seeing something other miss or only see in retrospect.

 

What Entrepreneurs Are Like?

1. Personality factors

  • born/made ratio 50/50, a synergy of genetic and environmental influence

  • motivation and emotion independence, competitive spirit, challenge, wealth

  • behavioral characteristics perseverance, determination, orientation to clear goals, need to achieve, opportunity orientation, creativity, persistent problem-solving, risk-taking, integrity, honesty, internal locus on control

  • personality attributes preferred styles: extrovert/introvert; sensor/intuit; thinker/feeler; and judger/perceiver

2. Environmental factors

  • family background entrepreneurial heritage

  • age and education begin entrepreneurial activity early; are not over-educated

  • work experience most entrepreneurs first gain some work experience in the line of business they later start up

3. Action factors

  • create and innovate a continuous activity, seeing creative idea through to the end, and then start climbing another mountain

  • exploit opportunities able to see or craft opportunities that other people miss

  • find resources and competencies experts at exploiting contacts and sources

  • network expertise oriented; know when they need experts and how to use them effectively

  • face adversity resolve problems under pressure; turn problems into opportunities

  • manage risk not adventurers, but manageable risk takers; their success lies in caution, learning, flexibility and change during implementation

  • control the business pay attention to details and essential ratios; exercise strategic control over their business

  • put the customer first listen to the customer and respond to the customers' feedback

  • creates capital financial, social, and aesthetic