Preview

The DNA of an Entrepreneur: Is There an Entrepreneur Gene?

Powerful Essays
Open Document
Open Document
2547 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
The DNA of an Entrepreneur: Is There an Entrepreneur Gene?
The DNA of an Entrepreneur

Is there an Entrepreneur Gene or an Entrepreneur Chromosome within the DNA of an Entrepreneur? In humans, there are chromosomes that determine sex and there are genes that determine the color of your eyes. Generically speaking, there are X & Y chromosomes that determine whether you are either male or female suggesting that you either are a female or are not a female. With genes, there are dominant genes and recessive genes, suggesting that while you might carry a gene for blue eyes, you may also have a dominant gene from brown eyes which would win out to determine what your eye color is. A lot of institutional research is ongoing to map the human genome and identify the functions and role of DNA within the genetic make up of the human being. If we evaluate the genetic structure of economics and commerce, philosophically we can ask the question – Are Entrepreneurs Born? Or are they made? Culturally there currently exists a romantic “notion” about the glamour and romance of entrepreneurship. Many popular bands on tour have “groupies” that follow them that are romanced by the emotional feelings that are created by the illusion of what it means to be a “rock and roll star” on tour. Similarly, there are “entrepreneur groupies” that dream of the romance of entrepreneurship and desire to be associated with, close to, or affiliated with entrepreneurs. The reality of what it takes to be an entrepreneur (or a rock and roll star in a popular band) is often quite different than the romantic “notion” that exists in the public perception. Similarly, what is an entrepreneur? What is the DNA of an Entrepreneur? What is the genetic make up of an entrepreneur? What are the characteristics of an entrepreneur? These questions are best answered not by a popularized romantic notion of the perceived glamour and romance of entrepreneurship, but by a scholarly researched assessment of the characteristics that drive long
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Powerful Essays

    Aem 1200
    • 705 Words
    • 3 Pages

    Aem 1200

    5. In lecture, we quoted Scott Shane, “The Illusions of Entrepreneurship”, as follows: “The typical entrepreneur isn’t a Silicon Valley tycoon, but rather a white man, married and in his forties, who started his business because he didn’t want to work for someone else and who is just trying to make a living. Psychological factors account for very little of the difference between entrepreneurs and other people, much less then…

    • 705 Words
    • 3 Pages
    Powerful Essays
    Read More
  • Good Essays

    Tesco Political Factors
    • 1071 Words
    • 5 Pages

    Tesco Political Factors

    Entrepreneurs are people in which organised other productive resources in which helps to make good and since the economics regard entrepreneur’s as a specialist form a labour input. Others believe that they deserve recognition as a separate factor of production in their own rights.…

    • 1071 Words
    • 5 Pages
    Good Essays
    Read More
  • Powerful Essays

    Successful Outliers
    • 1300 Words
    • 6 Pages

    Successful Outliers

    Entrepreneurs are worshipped for their vast knowledge and achievements and often times, their contributions to society are praised and greatly appreciated. However, most of these successful individuals are not successful simply because of how creative or unique they are, but mainly for other reasons that are not seen at a first glance. In Malcolm Gladwell’s book, Outliers, he writes that the success of these achievers is actually dependent on their upbringing, and the factors that made them who they are. His opinion remains true as most if not all successful people are really just ordinary people who had advantageous circumstances, favorable backgrounds, and the will to do hard work.…

    • 1300 Words
    • 6 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Introduction to Enterprise-Oprah Winfrey
    • 2447 Words
    • 10 Pages

    Introduction to Enterprise-Oprah Winfrey

    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
    Read More
  • Good Essays

    Two Qualities for a Successful Entrepreneur
    • 504 Words
    • 3 Pages

    Two Qualities for a Successful Entrepreneur

    An entrepreneur is a person who wants to accept, and dare the challenges, and take the risk for him to grow, and create higher opportunities as well for the profits. An entrepreneur personal characteristic is willing to adjust, adapt, and grow. He must be very creative, energetic, outgoing, intelligent, inspired and motivated in his endeavors.…

    • 504 Words
    • 3 Pages
    Good Essays
    Read More
  • Powerful Essays

    Small Business Interview Analysis
    • 2552 Words
    • 11 Pages

    Small Business Interview Analysis

    Characteristics of an Entrepreneur The foundation for your business, 2009. Avaliable from: . [13 Sept 2011]…

    • 2552 Words
    • 11 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Are leaders born or made?
    • 733 Words
    • 3 Pages

    Are leaders born or made?

    Shane, S. (2010) Born Entrepreneurs, Born Leaders: How Your Genes Affect Your Work Life. New York: Oxford University Press.…

    • 733 Words
    • 3 Pages
    Powerful Essays
    Read More
  • Better Essays

    The engine of Capitalism
    • 6498 Words
    • 26 Pages

    The engine of Capitalism

    person is, to varying degrees, a risk taker, resource manager, innovator, arbitrager, and both creator and destroyer. Entrepreneurship is not planning by groups or management decisions by…

    • 6498 Words
    • 26 Pages
    Better Essays
    Read More
  • Powerful Essays

    Critically Evaluate the Role Psychological Theories Play in Our Understanding of Entrepreneurship
    • 2483 Words
    • 10 Pages

    Critically Evaluate the Role Psychological Theories Play in Our Understanding of Entrepreneurship

    The trait approach focuses on personality attributes, which are consistent patterns in the way people think, act and feel. It is widely agreed that these traits are the building blocks of personality. This psychological research is useful to understand the motivational characteristics that encourage people to become entrepreneurs and also it helps to understand entrepreneur’s behaviour. The trait approach can answer fundamental questions including: “who are most likely to succeed as entrepreneurs”. Whilst Trait is useful, it has been criticised for the lack of consensus among researchers; surrounding a fixed set of clear cut differences in personality traits between entrepreneurs and non-entrepreneurs. For this reason the validity of the trait approach has been questioned; despite criticisms, research into the correlation between entrepreneurs and personality traits are continuously being researched.…

    • 2483 Words
    • 10 Pages
    Powerful Essays
    Read More
  • Good Essays

    The Entrepreneurial Mind-
    • 18012 Words
    • 73 Pages

    The Entrepreneurial Mind-

    not magic; it’s not mysterious; and it has nothing to do with genes. It’s a discipline and,…

    • 18012 Words
    • 73 Pages
    Good Essays
    Read More
  • Powerful Essays

    Organic Products
    • 4237 Words
    • 17 Pages

    Organic Products

    An entrepreneur is a person who undertakes innovations, finance and business acumen in an effort to transform innovations into economic goods and who accepts the risks associated with them. (Schaper, Michael.2002) He can be anyone who identifies an opportunity in a market and has a belief that it would succeed in the economy and on that belief he starts exploiting the opportunity. They may create a new organization or may be a part of an existing organization where they revitalize the organization in response to their perceived opportunity. Generally, the word entrepreneur is used to denote a person who starts a new business but with time and more understanding of the subject, the revised definition of an entrepreneur also includes “intrapreneurs”, that is an entrepreneur operating within a corporate environment. Entrepreneurs are the strategic factors in economic development and the central factors in the trade cycle as they are the driving force of an economy.…

    • 4237 Words
    • 17 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Intrepreneurship
    • 1130 Words
    • 5 Pages

    Intrepreneurship

    3/18/2013 BBUS 3710 Intrapreunership Instructor Bashir Ahmed, CFA Definition • An intrapreneur is someone who has an entrepreneurial streak in his or her DNA, but chooses to align his or her talents with a large organization in place of creating his or her own, or corporate enterpreuners • Introduction of New Products Outside of the Traditional R&D Process Creation of New Strategic Partners: Example: – P&G acquiring Gillette • – Delrina Technology, a Toronto-based software products firm, was a vendor to IBM. It needed capital for expansion, but banks were reluctant to lend the company any money because of the intangible nature of its software. IBM already had a marketing partnership, it wanted Delrina to continue to innovate.…

    • 1130 Words
    • 5 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Entrepreneurs Are Born Not Made - What Do You Think?
    • 800 Words
    • 4 Pages

    Entrepreneurs Are Born Not Made - What Do You Think?

    When we talk or debate about if the entrepreneurs are born or made, we need to think about what makes an entrepreneur, what are his objectives as an owner of a business, what should be his main skills and what kind of challenges and tasks he needs to face when running out a company. The word entrepreneur, originally from the French verb “entreprend”, means “to undertake”. An entrepreneur is the person who undertakes a business. He is someone who organize the factors of production and who knows how to spot an opportunity and turn a dream into reality. He is someone who enjoys of skills as vision, motivation and determination and has initiative and desire to take risks in order to benefit from the rewards (e.g. profits). They should be creative, innovative and confident about what they are doing, An entrepreneur needs to have the capacity to overcome any problems or disillusions, because in the day-to-day business they are faced with so many challenges and tasks, as placing their product in the market, do the right thing on the right time, manage costs, organize their enterprise, build a reputation of themselves and of their business or company, and so many other things. He also should have knowledge about the business system, that is, how everything works in this field theoretically, because this will help him the make efficient decisions. The objective of a good entrepreneur is not only making money. He aspire for being best than the others, to make his own identity in the world, to prove himself, but he also have an insatiable desire for success and love and passion for his work. Obviously, that to achieve all that aspirations he is required to make profits in this business, but I believe that we only can have success (e.g. make profits) if we have ambition, passion, dedication and commitment towards our work and goals.…

    • 800 Words
    • 4 Pages
    Good Essays
    Read More
  • Good Essays

    Entrepreneurial Firms
    • 1125 Words
    • 5 Pages

    Entrepreneurial Firms

    “More than any other member of our society, entrepreneurs are unique because they're capable of bringing together the money, raw materials, manufacturing facilities, skilled labor and land or buildings required to produce a product or service” (Tracy)1. They take risks in order to fill the void between what is available and what consumers want or need. Entrepreneurs create prosperity and growth within the economy “…because it is the entrepreneurial energy, creativity and motivation that trigger the production and sale of new products and services” (Tracy)1. These businesspeople help build our economy by creating jobs, increasing productivity and partnering with other firms to help reach success. Entrepreneurship is so crucial to society because “it's the entrepreneurs who serve as the spark plug in the economy's engine, activating and stimulating all economic activity…” (Tracy)1.…

    • 1125 Words
    • 5 Pages
    Good Essays
    Read More
  • Better Essays

    Entrepreneurs Are Made or Not Born
    • 1141 Words
    • 5 Pages

    Entrepreneurs Are Made or Not Born

    I admit that I know two guys whom I would swear were born with a risk-taking, want-to-be-a-millionaire, nothing-is-going-to-stop-me spirit. But most of the business owners I know entered entrepreneurial-land through the back door.…

    • 1141 Words
    • 5 Pages
    Better Essays
    Read More

Related Topics