Want to have your own business but think you just don’t have what it takes? Do you look at the Donald Trumps in the world and wonder if you could ever really be successful in business? Fallacy #1: Entrepreneurs are born‚ not made 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. Some realized that they knew more
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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 to be born with certain
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whether entrepreneurs are born or made. The Business Dictionary (2014) defines an entrepreneur as “Someone who exercises initiative by organizing a venture to take benefit of an opportunity and‚ as the decision maker‚ decides what‚ how‚ and how much of a good or service will be produced.” There is a debate as to whether or not there is such a thing as an ‘entrepreneur gene’ or are entrepreneurs taught and made through experience. Richard Baister (2007) states that “being an entrepreneur is not a
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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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Introduction "Entrepreneurs are born not made" There are two sides to every debate‚ and the "what makes an entrepreneur" argument has raged for decades with neither side able to conclusively prove their case. There are many who believe that an entrepreneur must possess personality traits such as vision‚ passion and drive that are innate and cannot be taught. Others argue that the skills of evaluating opportunities‚ motivating people and operating a business are easily passed on to eager students
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It’s an age-old question: Are entrepreneurs a special breed‚ born into this world with a drive and need to succeed that most of humanity lacks‚ or can they can be created through education‚ experience and mentorship? We spoke to two academics who have strong opinions on the matter. That question has taken on urgency recently. In the past five years‚ multiple studies have indicated that there may be an "entrepreneur gene"--or at least that people with certain genetic characteristics and personality
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LEADERS ARE BORN NOT MADE There have been an age long debate‚ and humans since beginning of time‚ have tried to come up with an answer to this question – Are Leaders born or are they made?. This question has generated an age long debate‚ which in turn has resulted in various school of thoughts‚ some believe that leaders are born‚ while others think otherwise. My contribution to this lifelong debate will serve as a pointer to my position on this issue. I strongly believe that leaders are born and not
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ENTREPRENEURS‚ ARE THEY BORN OR MADE? I. Introduction Entrepreneurship is difficult to define. Scholars and experts have tried to formulate a definition that embodies the very essence of entrepreneurship in order to capture this abstract idea. Though the idea has been identified and indicated by a diverse set of interpretations‚ no single idea of entrepreneurship has been unanimously accepted and embraced by all economists or applicable in all circumstances. There are so many interpretations now
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Natural-Born Entrepreneur by Dan Bricklin Reprint r0108b HBR Case Study r0108a What a Star –What a Jerk Sarah Cliffe First Person r0108b Natural-Born Entrepreneur Dan Bricklin Different Voice r0108c Is Success a Sin? A Conversation with the Reverend Peter J. Gomes In Praise of Middle Managers r0108d Quy Nguyen Huy The Superefficient Company r0108e Michael Hammer The Weird Rules of Creativity r0108f Robert I. Sutton What You Don’t Know r0108g About Making Decisions David A. Garvin
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Are Leaders born or made? The debate of whether leaders are born or made dates back many centuries. In today ’s modern society‚ we are seeing a rapid decline of heredity leadership and a significant rise in role models being business or political leaders. Daniel Goleman argued in Social Intelligence on the topic (chapter 10) and points out that the debate turns out to be pointless‚ as it assumes that our genes and our environment are independent of each other. For business leaders‚ it ’s a
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