Essays on Entrepreneurship

Question 1 A) Innovation is about finding new or better method of making something, a product or a service. Innovations are born due to several reasons . Peter Drucker has outlined seven sources of innovative chances or opportunities . I am going to identify them …

Introduction Globalization and the rapid pace of development, combined with intense competition, have pushed firms to seek ways to survive and thrive in today’s highly volatile business environment. As such, entrepreneurs are primarily concerned with building competitive advantage and creating value for their firms. Recent …

When I lived in Seattle, I'd occasionally run across someone who shared a common contact in our "six degrees" rundown of colleagues and mentors. "Bob Ratliffe?" my new acquaintance would say. "I know Bob. He’s one of my closest friends."Bob was my boss. At the time, he served …

When Kris Birch took over his family business in 2009, becoming the leader his team needed didn’t happen overnight. Birch is president of , a St. Paul, Minn.-based landscaping, snow removal, irrigation and tree services business. Birch’s father, James, founded the company in 1978 and …

 This type of foreboding statistic is becoming more common in business conversations, but have you ever stopped to think about the reasoning behind such dire figures? Often it’s because the startup skipped a vital step in the process: idea validation.In other words, most startups fail because founders …

As Venture Capitalists, our group had $5 million to invest among various companies that were categorized in different industries. After the entrepreneur pitches, our group, Vita Coco Ventures L. P had trouble narrowing down which companies we wanted to invest in and how much of …

Seda is a Miami artist supplementing her small-business income by working as a human lab rat in well-compensated clinical trials.Ramona is a 61-year-old advertising copywriter, laid off a few years shy of retirement, making a living off of UpWork. Ed is a recovering alcoholic just out of …

Initiative An individual or group takes the initiative. Organization Resources are brought together in organization to accomplish some objective (or the resources in existing organization are reorganized) Administration Those who took the initiative to take over the management of the operation Relative Autonomy The initiators …

The growth stage brings many challenges to blended value businesses, and one of the most significant concerning mission preservation involves changes in leadership during scaling, especially to the role of the founder. It is common in early-stage businesses for the founder to guide all aspects …

Dechant, Kathleen, and Asya Al Lamky. “Toward An Understanding Of Arab Women Entrepreneurs In Bahrain And Oman. ” Journal of Developmental Entrepreneurship 10. 2 (2005): 123-140. Business Source Complete. EBSCO. Web. 14 Oct. 2010. Dechant and Lamky’s article offers insight into Arab women entrepreneurs and …

Courage to Change “In Balfour, where he landed early in the morning, he almost lost courage when he found out that nobody understood him. But at the hardware store a man- the same who had made him a present of the cap he was wearing-had …

Types of Entrepreneurship and Economic Growth DOI:10. 1093/acprof:oso/9780199596515. 003. 0004 Abstract and Keywords This chapter is an empirical exploration of types of entrepreneurship and their impact on economic growth in developing and transition countries. It relates indicators of entrepreneurship to average rates of economic growth …

Leadership implies the ability to guide, direct, or influence people. In a certain family owned coffee plantation, the need arose for a quick decision on enlisting the company into the stock exchange. Given its rising fortunes, future prospects and need to acquire addition expansion capital, …

The Startup –Investor relationship has now moved to the small silver screen in India and promises to make our young and risk-taking innovators the ultimate entrepreneurial heroes and darlings of the small screen. What does it really entail? You may take an example of ‘Shark Tank’ series, …

Usually when you first hear about a entrepreneur it's for what their company has done. When I first heard about , it wasn’t about his business savvy or what he had done; it was about his love for cookies.More specifically, the #cookielife, an oddball movement …

When it comes to the development of new apps in the realm of social engagement, the main thing to consider is whether it is up to the task of going against existing apps and platforms that currently reign the social networking space. Given the arguably …

Today, businesses are forced to confront unfavorable economic conditions, technological imperatives and demographic shifts in catering to shifting markets. In such a world where nothing is sure, creating team loyalty or employee stickiness is essential, and an outcome born of many elements that marry people, …

An entrepreneur is an individual who organizes and operates a business and taking financial risk to do so. The entrepreneur is commonly seen as an innovator of new ideas, and business processes. Everyone has different strengths and weaknesses, and entrepreneurs are no exception. But all …

You keep the phone down, and you are shaking.Your biggest customer has just cancelled his contract with you and overnight you have lost 40% of your volumes. To top it, Your tech head told you there is a serious bug in the new module, and …

Helpchat has finally accepted what audiences really want – easy access to services and utilities, using minimal taps. Despite all tech gurus arguing over the importance of chatbots, AI, or having an actual assistant human sitting behind the chat to sort your work, what seems …

“I don’t like to invest in entrepreneurs that have not failed at least once.” I have heard this statement from a number of venture capitalists. Their reasoning is simple: failure makes you humble, more teachable, and less likely to make critical mistakes next time around. …

Mark Cuban is an extraordinary character who has had his ups and down in the business world. He did not have the best start to his career and was still figuring out his life like for instance he worked at multiple jobs at the start …

Introduction The first half of this report is written about one of the famous German entrepreneurs Klaus KobJoll. It will include personal, societal and environmental antecedent that influenced KobJolls’ decisions during his life. In addition, his strengths and weaknesses will be determined and compared against …

The freshmen ‘Imports’ arrived at Yale on Sunday. It says as much on the blue tee shirts that can be seen all over campus, worn by the Incoming International class of 2018. The international students have arrived a week earlier than their American peers, as …

Many big companies had benefitted from the ideas of their employees that not just bringing innovation but adding to its revenue stream. Several global cases have been renowned especially to big companies’ history on how their respective intrapreneurs made the business to be the pioneer …

China was known to be the leading civilization for so many centuries. It has surpassed the rest of the world in the arts and sciences.  However, the country was weighed down by civil turbulence. The country underwent significant food crises, military defeats and foreign occupation …

On Election Day, the number-one way you can make a difference is to cast your ballot. But many admired business leaders understand that their duty doesn’t end once they step away from the voting booth.Related: You may be working, trying to work while cable news …

One cannot compare the leader who knows the path, to the one that takes a step and then two towards it.One of my mentors encouraged me to memorize this quote – and I share it now because it will take great leadership moving forward to …

Many people hold location independence as one of their highest aspirations — the ability to work from anywhere, make money while you’re traveling and do what you love outside of the confines of an office or much conventional structure.Related: In brief, you're your boss, and the world …

Advising the cash strapped startup entrepreneurs over the compliance of laws in the complex land Ajay Joseph, Partner, Lakshmikumaran & Sridharan spoke to Entrepreneur Media. Things to look atContrary to popular belief the first thing that every entrepreneur should look at is when he is in …