It is not mandatory to be a "born entrepreneur" in order to succeed in business world (Klein‚ K). But‚ written by (Mathews‚ R et al) in the Academy of Entrepreneurs‚ it states that according to a study by Northeastern University’s School of Technological Entrepreneurship in 2006‚ it showed that “entrepreneurs are born‚ not made” (Taylor 2006). Thus it will be argued that entrepreneurs are neither born nor made‚ and rather that they can learn to have an entrepreneurial mind but‚ that it does help
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EXECUTIVE SUMMARY. Venture capital is the capital invested in a business where the chances of success are uncertain. It is the term to describe the financing of startup and early stage businesses as well as businesses in ‘’turn around’’ situations. Venture capital investments generally investments generally are higher risk investments but offer the potential for above-average returns. A venture capitalist (VC) is a person who makes such investments. The initial‚ start-up money is referred
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Are entrepreneurs born or made? Critically discuss. Introduction An entrepreneur is a person who sets up a business by taking on financial risks in hope to make a profit. The word entrepreneur stems from the French word entreprendré which means ’to undertake ’. A couple of examples are Lord Alan Sugar and Bill Gates. Lord Sugar is an entrepreneur worth £800 million. He started by selling car aerials out of a van‚ he then set up his company‚ Amstrad which sold affordable hi-fi turntable covers
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A Dream of A Social Entrepreneur “I have a dream that in the near future‚ Ecolife Café will become the bridge of knowledge for people in Phu Long and promote Community Ecotourism for the Protection of Mangrove so that tourists and foreigners will know and love the community initiatives to protect the green environment here‚ and then have a chance to experience life with local people in our island.” Lying on the coastal island of Cat Hai‚ Hai Phong City‚ Phu Long commune’s population is consisted
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Women entrepreneurs may be defined as a “woman or a group of women who initiate‚ organize and run a business enterprise”. Government of India has defined women entrepreneurs based on women participation in equity and employment of a business enterprise. Accordingly‚ a woman run a enterprise is defined as “an enterprise owned and controlled by a women having a minimum financial interest of 51% of the capital and giving at least 51%of the employment generated in the enterprise to women”. Women entrepreneurs
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Written by: Afreen Baig http://economicpakistan.wordpress.com/2008/01/05/electricity/ "History" After the construction of the Hydro-Electric Tarbela Dam and the Mangla Dam‚ by General Ayub Khan and General Yahya Khan in the 1960’s‚ our governments failed to conceive and initiate major electricity projects. The inept governments of PML-N and PPP‚ that still consider themselves vital to democratic dialogue within the provinces‚ failed to create dialogue within provinces‚ on the most important
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Capital Structure In finance‚ the term “capital structure” refers to the way a firm finances its assets. Generally speaking‚ there are two main forms of capital structure: debt financing and equity financing (Cumming 52; Myers‚ 83). Each type has its own advantages and disadvantages‚ and an essential task for the successful manager of a firm is to find an optimal capital structure in terms of risk and reward for stockholders. When making decisions that affect capital structure‚ managers must be
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Entrepreneur Identity Box Some of the characteristics that others know that I have are‚ curious‚ persistent‚ determination‚ risk taker‚ and I’m independent. I’m curious because I want to know what goes on around the world‚ how things are made. I’m persistent because I don’t let someone’s negativity bring me down. I stick to my dreams. I’m independent because I like working by myself. I usually get distracted by others so I choose to work on my own. I’m also a risk taker because‚ I like taking
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these activities are called entrepreneurs. An entrepreneur is one who always searches for change‚ responds to it‚ and exploits it as an opportunity. Assessment of Market Opportunity‚ responding to competition‚ gaining command over scarce resources‚ identifying sources of inputs‚ and marketing of products‚ dealing with public‚ bureaucracy‚ management of human resources‚ technological innovation and improvements in production techniques are prime functions of an entrepreneur. According to Schumpeter
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we would evolve this tool into a goldmine for businesses and entrepreneurs to grow their passions. Social networking clearly has an array of benefits; some would argue that social networks should be for individuals only‚ but users like me find that including businesses in social networking is an outstanding tool for judging reputation‚ finding out about new products and services‚ and giving free branding and advertising to entrepreneurs. It is important to open the minds of people in the community
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