Preview

The Successful Entrepreneurs

Better Essays
Open Document
Open Document
1252 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
The Successful Entrepreneurs
BUSINESS MANAGEMENT
( FMG0044 )
ASSIGNMENT 1 : “ THE SUCCESSFUL ENTREPRENEURS ”

Lecturer : Sir Azizi

Name : 1) Ahmad Zul Iqmal B. Zulkifli
(012012051643)
2) Khoo Chee Hong
(012012050692)

CONTENT

1) Introduction

2) Profile / Background of the entrepreneur

3) The success characteristics / traits of the entrepreneur

4) How should I imply his / her success attitude to improve my personal development / my life ?

5) Conclusion

INTRODUCTION

Entrepreneurship isn’t for everyone. But when it’s right, it’s the most satisfying career path a person can pursuit.
We might be thinking what is the suitable path for us to be a successful person in future. Regardless of our definition of success, there are a great number of common characteristics that are shared by successful entrepreneurs. Even if you don't have these characteristics, don't fret. Most can be learned with practice and by developing a positive attitude, especially if you set goals and produce a strategic long term planning.

Entrepreneurship brings the meaning of the willingness to develop , to organize and to manage a business venture along with its risk to in order to make profit and to produce a successful business. There are a few local Malaysian entrepreneurs that are well known in the global business market which are listed by Forbes.

For this task , my partner and I are required to make a research on a successful entrepreneur , from his background , how he succeed in business and also what it takes to become one . we chose to do this assignment on Tan Sri Dato’ Ananda Krishnan or can also be called as T.A.K , extracted from his full name Tatparanandam Ananda Krishnan , the second wealthiest man in South-East Asia behind Robert Kwok , and listed 89th in world rank.
The purpose of this task isn’t just only to complete the work given by our lecturer to obtain marks. It is also to broaden our knowledge on one of our country’s most successful

You May Also Find These Documents Helpful

  • Good Essays

    bizcafe report

    • 1186 Words
    • 3 Pages

    Entrepreneurship is the process of starting a business or an organization. This process is very important regards to starting your own business or organization because you need to acquire the skills of opening your own business through entrepreneurship no matter what the business is. When you have acquired those skills, you are basically ready to take the tag of being an entrepreneur. An entrepreneur develops the business model within the company and has all the acquired skills needed for either success or failure.…

    • 1186 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Terrell Gatewood Case

    • 540 Words
    • 3 Pages

    On Tuesday April 4, 2017, Terrell Gatewood, was the guest speaker for my Organizational Leadership class. Entrepreneurs are driven by many things. Sometimes it’s an experience that has had a huge impact on one’s life. Such is the case of Mr. Gatewood who’s start from very humble beginnings drove him on an extraordinary journey to better himself. The purpose of this paper is to discuss Mr. Terrell Gatewood.…

    • 540 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    There are 2 elements that are mentioned time and again by successful entrepreneurs as being crucial for success, to be precise the motivation and determination to succeed in your business venture and to make things happen. Successful entrepreneurs also have a healthy dose of self-confidence and an optimistic outlook on life. Entrepreneurs vary greatly, so there can be no one combination that defines an entrepreneur. However, research does suggest that a need for achievement, autonomy and an internal locus of control and a moderate tendency to take risks are key characteristics.…

    • 2447 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Entrepreneurs produce solutions that fly in the face of established knowledge, and they always challenge the status quo. They are risk-takers who pursue opportunities that others may fail to recognize or may even view as problems or threats. Whatever the definition of entrepreneurship, it is closely associated with change, creativity, knowledge, innovation and flexibility-factors that are increasingly important sources of competitiveness in an increasingly globalized world economy. Thus, fostering entrepreneurship means promoting the competitiveness of businesses. Entrepreneurship and…

    • 2100 Words
    • 9 Pages
    Powerful Essays
  • Better Essays

    What Is an Entrepreneur?

    • 2109 Words
    • 9 Pages

    Hornaday, J. A., and Aboud, J. (1971), Characteristics of successful entrepreneurs, Personnel Psychology, 24, 141-153.…

    • 2109 Words
    • 9 Pages
    Better Essays
  • Better Essays

    Generally an Entrepreneur is seen as someone who starts a new business project. They are also seen as people that have a talent for seeing opportunities and proceeding to make it as profitable as possible. Some Entrepreneurs have managed to become successful in the business market and build an image, however not all Entrepreneurs have been successful in implementing ideas and business ventures. "Entrepreneurs who are fearless, adventurous and 'modern' usually build the best business fortunes, a new study has found." (http://www.fpb.co.uk/YaZY6Sdo5lMmUA.html). The study was conducted in 2002 and identified five categories of entrepreneurs. The most successful of the five are those identified as "rising stars" – people who crave the prospect of owning a business and who are further motivated by success and fortune. At the other end of the scale are "walruses" – conservative and self-assured group. Whichever group an entrepreneur falls under, the report identified that in all cases entrepreneurs need to rely heavily on technology to help them succeed.…

    • 5329 Words
    • 22 Pages
    Better Essays
  • Best Essays

    Frederick, H. H., Kuratko, S.F. & Hodgetts, R.M. 2007, Entrepreneurship: Theory, process and practice, Asia-Pacific edition, Thomson Learning Australia, Melbourne. – Chapter 16…

    • 2923 Words
    • 12 Pages
    Best Essays
  • Powerful Essays

    Entrepreneurs – normally defined as “risk-takers in new venture creations – are uniquely optimistic, hard driving, committed individuals who derive great satisfaction from being independent. Starting a new business requires more than just an idea; it requires a special person, an Entrepreneur, who combines sound judgement and planning with risk taking to ensure the success of his or her business.…

    • 1643 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Becoming an Entrepreneur

    • 5454 Words
    • 22 Pages

    Entrepreneurship is the process by which individuals pursue opporutnities without regard to resources they currently control. The essence of entrepreneurial behaviour is identifying opportunities and putting useful ideas into practice. The tasks called for by this behaviour can be accomplshed by either an individual or a group and typically requires creativity, drive, and willingness to take risks.…

    • 5454 Words
    • 22 Pages
    Powerful Essays
  • Best Essays

    Entrepreneurship is the process by which individuals, either on their own or in organisations, pursue opportunities without regard to the resources they already own according to Stevenson (1990, quoted in Allen, 2011, p.4). However Drucker (2012) states that entrepreneurship is not just found in business and economics, but it is a part of everyday society. Entrepreneurship has the potential to become a source of competitive advantage but also the solution to complex dilemmas we face every day.…

    • 3356 Words
    • 14 Pages
    Best Essays
  • Powerful Essays

    Ratan

    • 3212 Words
    • 13 Pages

    Entrepreneurship is at the root of business. Some entrepreneurs become so successful that their companies last long for 4-5 generations (and beyond), while some last for their generation. And many fail few years after taking off. Is there an equivalent of Level-5 Leadership (as propounded by Jim Collins) in entrepreneurship? No answers yet, though. IBSCDC’s case studies on entrepreneurship cover various topics connected with entrepreneurship – business models, business plans, entrepreneurial finance, founder-succession, social entrepreneurship, etc. The case studies enlisted here trigger your intuitive reasoning and question established wisdom. Come and explore what it takes to script a successful entrepreneurial venture. Read the interviews with experts that can enrich your learning from the case studies. View the videos on some highly successful entrepreneurs.…

    • 3212 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    Entrepreneurship can really be shortened to one great synonym: risk. The risk of walking away from everything that mankind has always been raised to known to create something new. Along with that, there’s the risk of taking one’s life and family into an unfamiliar storm of stress and uncertainty.…

    • 2174 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    business

    • 1032 Words
    • 5 Pages

    Choose one entrepreneur in given industry (food, hospitality, logistic, retail, transportation, air line system, medicine, manufacturing, insurance and etc) to conduct an interview and write a report on “Entrepreneur’s Profile”.…

    • 1032 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    A Successful Entrepreneur

    • 1761 Words
    • 6 Pages

    I would like to express my special thanks and gratitude to my teacher for giving me this wonderful project on the topic of a successful entrepreneur in which helped me in doing a lot of research and I came to know many new things. Secondly I would like to thank Miss Edwards for without her help this project would not have been finalized in the time frame for which I was given.…

    • 1761 Words
    • 6 Pages
    Powerful Essays
  • Best Essays

    Enterprenureship

    • 2496 Words
    • 10 Pages

    Entrepreneurship is very unique processes that escort substantial wealth. This wealth is generated by personals who take risks in terms of money, skills, time or career efforts of providing value addition for some service or product. By offering or allocating the necessary resources and skills value must be increased by the entrepreneur if the service or product may or may not be new or unique (Rae, 2007).…

    • 2496 Words
    • 10 Pages
    Best Essays