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Entrepreneurs

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Submitted By 2012Sylvia
Words 1103
Pages 5
Entrepreneurial Leadership

Contemporary Business
BUS 508

Thomas Edison, Saying “I never perfected an invention that I did not think about in terms of the service it might give others… I find out what the world needs, then I proceed to invent.” (This leadership entrepreneurial approach is profit oriented). During the research on Thomas Edison I found in 1868 he came up with his first invention, “known as the “Electrical Vote Recorder.” This application was signed on October 11, 1968 (Thomas Edison’s Inventions, 2011). He put together what he knew about electricity with what he knew about gas lights and invented a whole system of electric lighting. This meant light bulbs, electricity generators, wires to get the electricity from the power station to the homes, fixtures (lamps, sockets, switches) for the light bulbs, and more Edison made up the pieces as well as fitted them together. In 1869, Edison comes up with a Boston steamship, landed in New York City. This project left him poor and penniless, and in debt. Today with Thomas Edison electrical invention we now have the ability to have electricity to turn appliances on and off like dishwasher, washers and dryers.
According to Anita Ruddick, founder of the hugely successful fair trade outlet The Body Shop’ said, “Nobody talks of entrepreneurship as survival, but that’s exactly what it is and what nurtures creative thinking. Innovation plays a large role in the study of entrepreneurship and the two ideas are closely linked. Entrepreneurship involves the creation of new products with new ideas at the forecourt of new products and it is important that entrepreneurs have the imagination and vision in order to make their ideas a success. Anita Roddick develops and markets natural cosmetic products during the research on Anita Roddick I learned she looks for employees who show their interest for what they are doing

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