...Minutes Thesis Statement: Every young person should be an entrepreneur, because it gives him the opportunity to build his own future, set an example in society, and help his family since he is young. List of main ideas: 1. Experience for the future. 2. Build your own future. 3. You can have extra money 4. You can have a good use to your extra time. 5. You can be an example for society. 6. You will have a job since young. 7. You will help your employees. 8. You can donate money. 9. You can help your family. 10. You can apply what you learn, regarding businesses. 11. You can give prestige to your name. Daniel Gonzalez 13/06/2015 English 12 First Draft, Argumentative Essay 35 Minutes “Don’t let anyone look down on you because you are young, but set an example for the believers in speech, in conduct, in love, in faith and in purity.” (1st Timothy 4:12) This is one of the most important verses the Bible has for young people, in fact this verse changed my life since the moment I read it. What I understand when I read this verse is: Even though you are young, you can still do great things! God has great things for young people; we only need to discover them in our daily life. Every young person should be an entrepreneur, because it gives him the opportunity...
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... Entrepreneurship and Government Support Introduction Economic development requires people who are willing to risk their resources to start and operate profit-oriented enterprises in a country. This is the sole responsibility of entrepreneurs. Some scholars argue that entrepreneurship can be given definitions from different viewpoints such as theoretical or operational perspectives. Ogbo and Nwachuku (2012) argue that theoretical dimension covers many activities relating to uncertainties in a business while operational definitions relate to simpler or single activity. Regardless of the point at which an individual stands to define entrepreneurial practices, the bottom line is the concept that is concerned with taking great risks to bring changes in business by organizing, planning, and initiating processes that yield desired outcomes. In most cases, entrepreneurship is evident to dominate in small scale enterprises even though they constitute a large percentage of economic drivers. Despite the little capital that is pumped to run these enterprises, revenue generation is increasingly becoming significant in many economies. The role of Entrepreneurship in Economic Growth It is important to analyze the role played by entrepreneurs in the growth of economy in many countries. They are often referred to as ‘engines of economic growth’ because they propel economies (Ogbo & Nwachuku, 2012). Thus, the main contribution of entrepreneurship in many economies of the world is...
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...Table of Contents Introduction 3 Existing Market and E-Business 4 What is Entrepreneurship? 4 What is an Entrepreneur? 5 Who are the potential entrepreneurs? 5 Entrepreneurship as a subject 6 Conclusion 7 Reference List 8 Introduction This literature incorporates relevant quotes and theories from industry (Hospitality and Tourism) journal articles and books in attempt to deliberate: can “Entrepreneurship be taught?” Firstly, in light of the topic the meanings of both ‘entrepreneurship’ and ‘entrepreneurs’ need to be classified to create the foundation for this review. In order to answer whether about if entrepreneurship can even be taught, queries need to be made on what exactly is taught and how can it alter the mind set of attitudes towards creativity and risk; fundamental factors of an entrepreneur. In addition, the demographical target audience will also be reviewed over whether they fit into this reviews’ classification of what is an entrepreneur and whether courses can really be designed to teach the spirit of entrepreneurship. This critical review will seek to divulge the definitions of key points to the question and answer them in an argument that supports the theory that can “Entrepreneurship be taught?” Existing Market and E-Business Entrepreneurship is an important part of todays’...
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...Faced by Young Male Entrepreneurs in Karachi Research Proposal Spring 2016 4th Feb 2016 Submitted To: Dr. Jawaid Qureshi Submitted By: Abdul Basit - 1435199 Syed Muhammad Haseeb - 1435218 Contents 1. Introduction 2 1.1 Background 3 1.2 Aims of Research 4 2.0 REVIEW OF LITERATURE 4 3.0 RESEARCH METHODOLOGY 6 3.1 Research Questions 6 3.2 Research Design 6 3.3 Sample Size 7 3.4 Research Instrument 7 References 9 1. Introduction: Interest in entrepreneurship in economies has grown within international business research due to the failure of getting employment, limited success of microfmance, lack of experience and knowledge and the relatively the unfulfilled promise of Government sector solutions. Research argues that entrepreneurial orientations and opportunities can be the answer to the former issue. In recent years, entrepreneurship has been regarded as an important element not only of regional economic growth itself, but of economic resilience. It has been suggested that this generation should become known as E-Generation because, they are expected to become the most entrepreneurial generation since the Industrial Revolution (D. F. Kuratko, 2004). This would be no surprise as a Gallup poll (Walstad, 2010) conducted in 2010 found that 69% of its 602 surveyed university students expressed interest in starting a business. However, a similar kind of pool which have the students who has just started their business as entrepreneurs indicated...
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...EN COU CIL OF THE EUROPEA U IO Conclusions on promoting youth entrepreneurship to foster social inclusion of young people EDUCATIO , YOUTH, CULTURE and SPORT Council meeting Brussels, 20 May 2014 The Council adopted the following conclusions: "The Council: ACK OWLEDGI G THAT 1. The economic crisis that started in the second half of the last decade has created a particularly fragile situation for today's young generation. Youth unemployment rates remain historically high, at 23.2% in the EU-28 and 23,8% in the Euro area (December 2013). 2. As a result of such high youth unemployment, young people are experiencing increased levels of poverty and social exclusion and increasing numbers feel compelled to leave their home countries, and sometimes Europe entirely, to look for better opportunities. This is generating a brain drain effect in some Member States which could be difficult to reverse. 3. The European Union, via the Europe 2020 and its flagship initiatives on “New skills and jobs”, “Digital Agenda for Europe”, “Innovation Union”, “Youth on the move” promotes entrepreneurship, by fostering entrepreneurial mindsets and related knowledge, skills and competences that can boost competitiveness and growth that will be smart, sustainable and inclusive. PRESS Rue de la Loi 175 B – 1048 BRUSSELS Tel.: +32 (0)2 281 6319 Fax: +32 (0)2 281 8026 press.office@consilium.europa.eu http://www.consilium.europa.eu/Newsroom 1 E 4. Entrepreneurship is an important driver of economic...
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...Emergence of Young Business Entrepreneur” with the theme: “Enhancing Entrepreneurial Skill of Young Graduate for a Successful Business” Given on this 25th day of September 2014 at the AVR, CEAFA Bldg., BatStateU, Gov. Pablo Borbon Campus II, Alangilan, Batangas City. PROF. NENITA LUNETA-GALLEGO, PIE PROF. SERVILLANO A. GARDIANO CIT Professor CIT Dean Republic of the Philippines Batangas State University College of Industrial Technology GPB Main Campus II, Alangilan, Batangas City Certificate of Appreciation awarded to Rebecca A. Catapang in recognition and deep appreciation of the commendable services and valuable support to the seminar entitled: “The Emergence of Young Business Entrepreneur” with the theme: “Enhancing Entrepreneurial Skill of Young Graduate for a Successful Business” Given on this 25th day of September 2014 at the AVR, CEAFA Bldg., BatStateU, Gov. Pablo Borbon Campus II, Alangilan, Batangas City. PROF. NENITA LUNETA-GALLEGO, PIE PROF. SERVILLANO A. GARDIANO CIT Professor CIT Dean Republic of the Philippines Batangas State University College of Industrial Technology GPB Main Campus II, Alangilan, Batangas City Certificate of Appreciation awarded to Edmund E. Dinglasan in recognition and deep appreciation of the commendable services and valuable support to the seminar entitled: “The Emergence of Young Business Entrepreneur”...
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...Title: “Entrepreneurs are born not made” - Discuss critically this statement based on a review of existing academic literature like you to review and interpret existing data/studies from academic data bases in order to come to a view. “Entrepreneurs are born not made”? In this report I will be discussing whether a person is born with traits to be an entrepreneur or can entrepreneur be made and developed. I will analysis, criticise and evaluate both part of the statement by reviewing academic literature and theories. Entrepreneurship is an activity that involves the discovery, evaluation and exploitation of opportunities to introduce new goods and services, ways of organizing, markets, processes, and raw materials through organizing efforts that previously had not existed (Venkataraman 1997, A general theory of entrepreneurship pg 4). However it can be quiet difficult to explain what makes an entrepreneur; according to Schumpeter (1911) an entrepreneur is a driven individual who is creative and who develop a new product, find new technology, corner a new market by “finding new combinations of (factors) of production”. Furthermore, various hypothesises have been drawn upon “Entrepreneurial Traits”; these can be described as the “special” characterises associated with an individual some of which include self confidence (Liles, 1974), need to succeed (McClellan, 1961), control (Evans and Leighton, 1989) and a strong belief in the outcomes of ones actions s (McGhee and Crandall...
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...Entrepreneurship: is the act of being an entrepreneur, which can be defined as "one who undertakes innovations, finance and business acumen in an effort to transform innovations into economic goods In other to make profit”. This may result in new organizations or may be part of revitalizing mature organizations in response to a perceived opportunity. The most obvious form of entrepreneurship is that of starting new businesses (referred as Start-up Company); however, in recent years, the term has been extended to include social and political forms of entrepreneurial activity. When entrepreneurship is describing activities within a firm or large organization it is referred to as intra-preneurship and may include corporate venturing, when large entities spin-off organizations. Who can become an entrepreneur? There is no one definitive profile. Successful entrepreneurs come in various ages, income levels, gender, and race. They differ in education and experience. But research indicates that most successful entrepreneurs share certain personal attributes, including: creativity, dedication, determination, flexibility, leadership, passion, self-confidence, and “smarts.”Creativity is the spark that drives the development of new products or services or ways to do business. It is the push for innovation and improvement. It is continuous learning, questioning, and thinking outside of prescribed formulas. Types of entrepreneurs Social entrepreneur: A social entrepreneur is motivated by a desire to...
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...eWhat it takes to be a successful Entrepreneur 1st year / 3rd Trimester Course: Industrial Management and Technology Teacher: Elisabete Lopes Student: Fernando Miranda Nº 1202750 0 Contents Abstract ............................................................................................................................... 2 Introduction ......................................................................................................................... 3 What is an entrepreneur? .................................................................................................... 4 Do You Have What It Takes To Be An Entrepreneur? ...................................................... 4 A True Entrepreneur ........................................................................................................... 5 8 traits of successful entrepreneurs – Do You have what it takes? ..................................... 6 Example Of How An Entrepreneur Responds To An Opportunity .................................... 9 Conclusion ........................................................................................................................ 10 Bibliography ..................................................................................................................... 11 1 Abstract A successful Entrepreneur must have strong leadership qualities, highly self-motivated, strong sense of basic ethics and integrity, willingness to fail, serial innovators...
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... The last several decades have seen record numbers of entrepreneurs launching business. In 1969, entrepreneurs created 274,400 new corporations; today, the numbers of new incorporation exceeds 600,000 in a typical year! Another indicator of the popularity of the entrepreneurship is the keen interest expressed by students in creating their own businesses. Increasing number of young people are choosing entrepreneurship as a career rather than joining the ranks of the pinstriped masses in major corporations. In short, the probability that you will become an entrepreneur at some point in your life has never been higher! Research suggested that entrepreneurial activity remains vibrant not only in the United States but across the globe as well. According to the Global Entrepreneurship Monitor (GEM), a study of entrepreneurial activity across the globe, 10% of the U.S population aged 18 to 64 is engaged in entrepreneurial activity. The study also found out that 9.5% of people in the 42 GEM countries analyzed are involved in starting a new business. Even countries that traditionally are not know as hotbeds of entrepreneurial activity are home to promising start-up companies. 2. WHAT IS AN ENTREPRENEUR (Page 5 to Page 8) At any given time, an estimated 10.1 million adults in the United States are engaged in launching a business, traveling down the path of entrepreneurship. An entrepreneur is one who creates a new business in the face of risk and uncertainty...
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...organizations, to perceive and create new economic opportunities (new products, new production methods, new organizational schemes and new product-market combinations) and to introduce their ideas in the market, in the face of uncertainty and other obstacles, by making decisions on location, form and the use of resources and institutions. Unlike Timmons (ibid), Wennekers and Thurik believe that entrepreneurship is not limited to creating or seizing a business opportunity, there has to be willingness and ability to perceive new economic opportunities(new products, new production methods, new organizational schemes and new product-market combinations). Entrepreneurship can thus be seen as the activity of an entrepreneur. Entrepreneur Hisrich and Peters (1998) ,see an entrepreneur as someone creating something new with value by devoting time and effort, assuming the accompanying financial, physical and social risks, and receiving the resulting rewards of monetary and personal satisfaction and independence....
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...------------------------------------------------- Myth 5: Entrepreneurs Must Fit the "Profile" Entrepreneurs and Entrepreneurship: An Introduction It is not easy to give a particular answer to the question: Why do people want to start and run independent businesses? Different answers may come from different people. Some people may start a business just because they love independence and hate to tolerate bossing in the jobs. Some may not have the capability and qualification to do a job and as job is not available to them, they go for independent businesses in order to survive. Some may have some special skills and love challenges to run an independent business. Several motivational factors like need for affiliation, need for power and need for achievement (McClelland, 1961) are also responsible for going for an independent business. Murthy, et al (1986) found that entrepreneurs are motivated to start a business because of the factors like ambitious factors, compelling factors and facilitating factors. Whatever may be the reason, it can be said that in most of the times of the history of human civilization, there were entrepreneurs who did independent businesses and this trend of history still continues. For the last few decades in all over the world, entrepreneurs are regarded as value adding people to the society. Holt (1992) says, “The term entrepreneur may be properly applied to those who incubate new ideas, start enterprises based on those ideas, and provide added value...
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...will you adopt for your venture? According to Krueger (2005) entrepreneurs are those who seeking opportunities based on economic value only but also have to think about social and environmental dimensions. As the society mature, customers demand more than just the products or services, but the impact to the social and environmental. Krueger (2005) argue that consumers as we look as an organisation members channelled their intention to consume through their environment and this intention will be converted action. As an entrepreneur we can convert this environmental and social impact issue to opportunities. We like the idea of sustainable entrepreneurship can be seen as the process of sustaining a level of entrepreneurial development as to create a paradigm shift in economic activity such that national GDP, job growth, capital investment, technology advancement, and quality of life is unmatched, unsurpassed and unequalled. In my venture, sustainability values that I will adopt is social entrepreneur, as I try to match my value as philanthropist and giving back to the society is the image and branding of my ventures. As an entrepreneurship centre among the agenda is to train new and existing entrepreneur by using all knowledge that the expertise in this centre have. Our intention is to create knowledgeable entrepreneurs that have alertness on global issues. This is because traditional or conventional entrepreneurs only see the dollar and cents as the bottom line of every business...
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...Brief Profile Youth School for Social Entrepreneur (YSSE) Introduction Youth School for Social Entrepreneur (YSSE) is a non-profit organization dedicated for the Youth Development through large-scale job creation and entrepreneurship development. Youth School for Social Entrepreneur (YSSE) is located In Dhaka, Bangladesh. It was established with the cooperation of British Council and The Hunger Project -Active Citizen Program in February 01, 2015. Background Youth School for Social Entrepreneur (YSSE) is active Citizen 635 batch Social Action Plan. Social Entrepreneur, as a practice and a field for scholarly investigation, provides a unique opportunity to challenge, question, and rethink concepts and assumptions from different fields of management and business research. This article puts forward a view of social entrepreneurship as a process that catalyzes social change and addresses important social needs in a way that is not dominated by direct financial benefits for the entrepreneurs and its importance in Bangladesh and the goal of Youth school for social entrepreneurs. Social entrepreneurship is seen as differing from other forms of entrepreneurship in the relatively higher priority given to promoting social value and development versus capturing economic value. Here in Bangladesh people needs to know about Entrepreneurship and YSSE can help one to be a successful entrepreneur. Goal The aims of the organization is to solve our own community...
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...ENTREPRENEUR Our economy has developed many views about an entrepreneur. It can be referred to as one of the factors of production or someone who has opened a new venture in an existing industry. Commonly, an entrepreneur is regarded as the owner of a big company or firm. However, such views portray a narrow and restricted activity of an entrepreneur. In the real world, an entrepreneur does much more than just setting up a firm. It plays a vital role in the flourishing of a country. Joseph Schumpeter believed that “everyone is an entrepreneur only when he actually carries out the new combinations and loses that character as soon as he has built up his business.” (The Theory of Development, 1934). His belief holds true to a large extent and modifies the way we commonly think of an entrepreneur. He describes entrepreneurship to be process or activity that is carried out by a person. Thus the quality of this entrepreneurial spirit is possessed for only a certain period of time and doesn’t last forever. It’s the ability of an entrepreneur to identify what the market is devoid of, reacting creatively to the opportunity with new ideas and acting upon these ideas through a process of innovation to produce new goods, creating demand for it and giving it market value. Such a process leads to correction of market failures and deficiencies (Leibenstein, 1995, Schumpeter 1942). It causes changes in the market by creating disequilibrium of market forces. These changes act as sources...
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