Philip Green
Group paper assignment on Philip Green
346SAM Exploring Entrepreneurship
Group Members: Adriana Costescu, Devika Srivastava, Kosusol Choudhury, Mohsin Araf Word Count: 3220
Deadline: 13th of March
Introduction
‘Philip Green is one of the most controversial and colourful businessmen in Britain. A little over a decade ago he was a tag – trader, a mere millionaire and barely known. Today he is worth over £4.5 billion and is estimated to be Britain’s fifth richest person.’ (Lansley and Forrester, 2005) In this group essay, we will discuss how Philip Green became such a successful entrepreneur by analysing four themes. These themes will include the characteristics of the man himself as well as his social life from a young age and what he learnt from it. Furthermore we will discuss innovation and change with regards to his businesses and the failures he came across along his journey to become the biggest name in high street fashion.
Characteristics/Traits of Philip Green
Self-motivated
Essentially to become a successful entrepreneur, you need dedication in order to succeed. Many entrepreneurs struggle in their early stages of their career and tend to give up their hopes and dreams. Philip Green has successfully been self-motivated throughout his career. Self-motivated can be defined from as ‘initiative to undertake or continue a task or activity without another 's prodding or supervision.’(Dictionary, 2013)
From a young age, Philip’s mother Alma stated that her son ‘always wanted to earn money... that was his ambition ever since he helped me out with the business in the summer holidays.’(Lansley and Forrester, 2005) With such ambition at a young age it led him to become one of the biggest names in fashion retail. As a successful entrepreneur, Philip Green did not require somebody who he had to be held accountable for as well as not needing someone forcing him to be productive and efficient.
Creative
When
346SAM Exploring Entrepreneurship
Group Members: Adriana Costescu, Devika Srivastava, Kosusol Choudhury, Mohsin Araf Word Count: 3220
Deadline: 13th of March
Introduction
‘Philip Green is one of the most controversial and colourful businessmen in Britain. A little over a decade ago he was a tag – trader, a mere millionaire and barely known. Today he is worth over £4.5 billion and is estimated to be Britain’s fifth richest person.’ (Lansley and Forrester, 2005) In this group essay, we will discuss how Philip Green became such a successful entrepreneur by analysing four themes. These themes will include the characteristics of the man himself as well as his social life from a young age and what he learnt from it. Furthermore we will discuss innovation and change with regards to his businesses and the failures he came across along his journey to become the biggest name in high street fashion.
Characteristics/Traits of Philip Green
Self-motivated
Essentially to become a successful entrepreneur, you need dedication in order to succeed. Many entrepreneurs struggle in their early stages of their career and tend to give up their hopes and dreams. Philip Green has successfully been self-motivated throughout his career. Self-motivated can be defined from as ‘initiative to undertake or continue a task or activity without another 's prodding or supervision.’(Dictionary, 2013)
From a young age, Philip’s mother Alma stated that her son ‘always wanted to earn money... that was his ambition ever since he helped me out with the business in the summer holidays.’(Lansley and Forrester, 2005) With such ambition at a young age it led him to become one of the biggest names in fashion retail. As a successful entrepreneur, Philip Green did not require somebody who he had to be held accountable for as well as not needing someone forcing him to be productive and efficient.
Creative
When