differentiated from Entrepreneurship. Entrepreneurs are one who discover change‚ respond to it‚ and exploit it (Dees‚ 1998) as opportunities for the creation of personal wealth (Sundin‚ 2011). Starting a new business is not the essence of entrepreneurship (Dees‚ 1998). Not every new business represents entrepreneurship as well as not every entrepreneur is a business owner. Since the last century‚ scholars and businesses have deliberated on whether business should consider social norms and expectation
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Drive to Achieve The drive for achievements; and entrepreneur must be greatly motivated in accomplishing his/her goals or objectives. He/she should posses a psychological drive to achieve things that he/she set for him/her self as a target to take in a given time. This drive could make him/her self as a person that has a result oriented views in life. One of the entrepreneur who best described in this entrepreneurial skills is Steve Paul “ Steve” Jobs. He is best known as the co-founder‚ chairman
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starting a business venture‚ sourcing and organizing the required resources and taking both risks and rewards associated with the venture. Entrepreneur is a person who is able to exploit an opportunity or who has a bright business idea‚ organizes it‚ puts it into action though a business venture‚ and is prepared to take financial risks. All entrepreneurs are very different from each other. They all have a different entrepreneur mindset that contributes to their success. Their entrepreneur mindset might
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unique because they are conscious of their own ephemeral existence. Don Delillo uses White Noise to interpret the fear of death. Delillo uses the events of Jacks life to illustrate how people use different strategies to escape the reality of death. These strategies range from the drug addiction of his wife‚ to the zealot who turns to religion to even Jack’s strategy‚ alternate reality and/or loss of his reality. They use these strategies to distract them from the simple fact‚ mortality. In order
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OPERATING & FINANCIAL PERFORMANCE OF THE COMPANY PROFITABILITY RATIOS * Gross Profit marging Gross ProfitSales×100% 2010/2011 2009/2010 = (171‚325‚029/435‚759‚776) *100 = (59‚257‚454/327‚593‚843)*100 = 39.3164% = 18.0887% * Profit Margin = NPBT * 100 Sales 2011/2012 2010/2011 = (41‚896‚089/ 435‚759‚776)
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Types of Entrepreneurs 1. Classic Entrepreneur. Wants to innovate‚ grow big and make a lot of money. The classic entrepreneur is not interested in starting a business to give herself a job. If you want to start a company‚ make it profitable and sell it‚ then you are a classic serial entrepreneur. The SAC Entrepreneurship and Innovation Program wants to make sure that everyone understands Classical Entrepreneurship. Most community college entrepreneur programs focus on small business development
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BEHAVIOURAL AND MOTIVATIONAL CHARATERSITICS OF CORPORATE AND INDEPENDENT ENTREPRENEURS Vikalp Patel (646642) LITERATURE REVIEW “Entrepreneurship is living a few years of your life like most people won’t‚ so that you can spend the rest of your life like most people can’t.” Is something that most people who dream of becoming entrepreneurs have heard at least once in their life. It’s not easy to be as successful entrepreneur but they are a certain set of characteristics that most of them have
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Becoming an Entrepreneur Reel Classics Vintage Movies Memorabilia Coordinator: Prof. Anca Mândruleanu Student: Chioibasu Cristina Series A‚ Group 112 TABLE OF CONTENTS PART I. Theoretical Support What is entrepreneurship? .................................................................... p. 2 Reasons for becoming an entrepreneur .................................................. p.2 Entrepreneurship’s importance .......................................................
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2.0 FINANCIAL RATIOS 2 Liquidity Ratios Liquidity ratios measure a business ’ capacity to pay its debts as they come due. It also measures the cooperative’s ability to meet short-term obligations. Liquidity refers to the solvency of the firm’s overall financial position – the ease with which it can pay its bills. Because a common precursor to financial distress and bankruptcy is low or declining liquidity‚ these ratios can provide early signs of cash flow problems and impending
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WOMEN ENTREPRENEURS Concept An enterprise owned and controlled by women having a minimum financial interest of 51percent of the capital and giving at least 51 percent of the employment generated by the enterprise to women - Government of India A woman entrepreneur can be defined as a confident‚ innovative and creative woman capable of achieving self economic independence individually or in collaboration‚ generates employment opportunities for others through initiating‚ establishing and
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