Preview

Starting and Developing a New Venture

Best Essays
Open Document
Open Document
2618 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Starting and Developing a New Venture
Table of contents Page.NO

1.0 Introduction---------------------------------------------------3

2.0 Discussion----------------------------------------------------3

2.1 The common trait between Stelios Haji-Ioannou and Richard Branson 2.1.1 Propensity to take the risk---------------------4 2.1.2 Persistence---------------------------------------5 2.1.3 Leadership----------------------------------------6 2.1.4 Need for achievement---------------------------6 2.1.5 Vision----------------------------------------------7

2.1.6 Self-confidence-----------------------------------7

2.2 Different traits between Stelios Haji-Ioannou and Richard Branson 2.2.1 Creativity------------------------------------------8 2.3 The limitation of trait theory--------------------------------8

3.0 Conclusion-----------------------------------------------------9

4.0 Reference-----------------------------------------------------10

1.0 Introduction

Stelios Haji-Ioannou was born in 1967 in Athens. In 1984, he was educated in London School of Economics. After graduation from the university, he worked for his father’s shipping company. In 1995, he founded easyJet. After more than fifteen years development, easyJet is now developed as the second largest low fare carrier in Europe. Meanwhile, his easyGroup now had already involved in series of business fields like food, travel, music and so on. (Lewis, 2010)

As the competitor of easyJet, Virgin Atlantic Airways was established by Richard Branson in 1984. Richard Branson is a CEO of Virgin groups and famous British entrepreneur r who was born in 1950. When he was sixteen years old, he studied at Stowe school and launched his first business- Connaught Publication. Four years later, he established virgin as a mail order retailer, soon he opened a

You May Also Find These Documents Helpful

  • Powerful Essays

    Virgin Australia Airlines is part of the Virgin Group which was established in 1970 by Sir Richard Branson. It is Australia's second-largest airline bases in Bowen Hills, Brisbane.…

    • 3794 Words
    • 14 Pages
    Powerful Essays
  • Satisfactory Essays

    Easyjet Notes

    • 613 Words
    • 3 Pages

    Sir Stelios Haji-loannou has founded the EasyJet Airline Company Limited in 1995. Its theory might affect the perception of air travel with the vision of building a customer focused brand. Due to the research, (EasyJet.com 2011) has noticed that over 600 routes across more than 30 countries have been functioned. Over 8000 employees are working for the company which contain 2000 pilots and 4500 cabin crew. More than 29 million passengers carried by the largest airline company EasyJet in the UK. It is corporates with 44 out of Europe’s 50 largest airports. Apparently, it could become one of the largest short-haul airline listed company. “Our aim is to make travel easy and affordable for all our passengers.” EasyJet’s chief executive said (BBC 2012).…

    • 613 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Kubasek, N. K., Brennan, B. A. & Browne, M. N. (2012). The legal environment of business: A critical thinking approach (6th ed.). Upper Saddle River, NJ: Prentice Hall.…

    • 1470 Words
    • 6 Pages
    Powerful Essays
  • Best Essays

    Easyjet Market Analysis

    • 5043 Words
    • 21 Pages

    EasyJet is a public limited company which falls under an oligopolistic market structure and operates across the European continent with the vision of turning Europe orange. Their mission statement is “To provide our customers with safe, good value, point-to-point air services. To effect and to offer a consistent and reliable product and fares appealing to leisure and business markets on a range of European routes. To achieve this we will develop our people and establish lasting relationships with our suppliers.” (Rae, 2001). They are also a no-frill airline operating mainly in Europe, with their headquarters based in Luton, the UK and it employs around 6,107 employees (Datamonitor, 2009). EasyJet was founded and launched in 1994 by the son of a Greek shipping tycoon named Stelios…

    • 5043 Words
    • 21 Pages
    Best Essays
  • Satisfactory Essays

    Although Branson retains complete ownership and control of the Virgin Brand, the commercial set-up of companies using it is varied and complex. Each of the companies operating under the Virgin brand is a separate entity, with Branson completely owning some and holding minority or majority stakes in others. Occasionally, he simply licenses the brand to a company that has purchased a division from him, such as Virgin Mobile USA, Virgin Mobile Australia, Virgin Radio and Virgin Music (now part of EMI).…

    • 391 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    ‘Since it was founded almost twenty years ago, Virgin Atlantic Airways has become Britain’s second largest airline serving the world’s major cities. Virgin Atlantic is the quintessential Virgin story. It has every ingredient: the small…

    • 4528 Words
    • 19 Pages
    Powerful Essays
  • Better Essays

    Richard Charles Nicholas Branson is an English business entrepreneur. The man is best recognized for his Virgin Group. Branson has more than four hundred companies; at age sixteen he started his first business adventure. It was a magazine called “Student." Since that time Richard Branson has created one of the most recognizable trademarks in the world.…

    • 1355 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    Virgin Atlantic, one of the most upcoming businesses of Virgin Group was established in 1984 (). It is an international airline. There are 6 classes in the virgin Atlantic i.e. economy – lowest/flexible, premium economy – lowest/flexible and for the upper class too (). Its main bases are in London Heathrow and London Gatwick ().…

    • 494 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Briefly describe a small business you could envision yourself owning and discuss the most appropriate source of debt capital for that business. Explain your rationale.…

    • 960 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Easyjet History Timeline

    • 509 Words
    • 3 Pages

    The humble beginnings of EasyJet started in 1995, when Sir Stelios Haji-loannou founded the company, with the purpose of offering low cost flights across Europe. October of that year saw the first base being opened at Luton Airport, with the first flight taking off on November 10th to Glasgow. The following year in 1996 saw Easyjet conduct its very first international flight, initially starting with flights to Amsterdam, shortly being followed by Nice and Barcelona. 1996 also brought the first low fare flight promotion, receiving outstanding success with over a million calls in just 4 days. This is where the foundation for Easyjet and Easyjet shares were laid, with the company only growing from then.…

    • 509 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Business Start Up

    • 1516 Words
    • 7 Pages

    Obtain a bank loan of $200,000 to cover selected renovations, start-up and initial operating costs for Music Connection.…

    • 1516 Words
    • 7 Pages
    Good Essays
  • Satisfactory Essays

    How to open a business

    • 366 Words
    • 2 Pages

    All of us have consumed food and beverages from contract-managed food providers (e.g., school cafeteria, theaters, sporting events, airline, etc.). Describe a time when you consumed food from a contract-managed food provider and determine what steps could have been taken to make the experience more enjoyable. Provide specific examples to support your response.…

    • 366 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Starting a Business

    • 1183 Words
    • 5 Pages

    In this paper I will be discussing the advantages and disadvantages of taking my small business online by performing a SWOT analysis. I will also be discussing key issues that a company faces when it conducts international commerce. Then I will be discussing the complicating factors that come with e-Commerce to comply with the law. Lastly I will describe 2 online crimes prevalent in e-Commerce and what I would do to prevent these crimes.…

    • 1183 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Phl458

    • 818 Words
    • 3 Pages

    Richard Branson is an investor who founded virgin l, which includes virgin records and over 400 other companies.…

    • 818 Words
    • 3 Pages
    Good Essays
  • Best Essays

    The company was founded in 1995 by Stelios Haji-loannou. And currently the management of easyjet is formed by Andrew Harrison as CEO, Cor Vrieswijk as COO and…

    • 3657 Words
    • 15 Pages
    Best Essays