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In: Economics

Analyze the statement and provide examples to support your answer. Entrepreneurs are born, not made

Analyze the statement and provide examples to support your answer. Entrepreneurs are born, not made

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Expert Solution

Entrepreneurs are senior management personnel who take on the effective organization and management of land, capital, labor and other production factors with the spirit of adventure and innovation. The quality of entrepreneurs is not innate but it can be acquired through the training and experience which should include four aspects: the first is visionary. It means that you can find opportunities to make money which are not easy for other people to find. The Second is to have the courage and to dare to make a decision. The third is the organizational ability to combine various production factors together of high efficiency. The fourth is a sense of social responsibility. Thus, it could be seen that the quality of the entrepreneurs is a comprehensive quality and it is a comprehensive evaluation of the strategic management capabilities of entrepreneurs. The quality of the entrepreneurs is not born, let alone the corporate leaders would naturally have this quality.

Today, the “myth” that “entrepreneurs are born” has been denied by more and more people. Everyone can choose to do pioneering work and become an entrepreneur as the career, but the motivation to make such a choice for everyone is not the same, at least it is not determined by something, certain feature or certain character. Everyone has a great entrepreneurial potential to become an entrepreneur, but also hides the “dark side” of entrepreneurship which plays a hindering role. So, the key is how to tap and give full play to the potential so as to balance the two-sided effect. Entrepreneurs are not inherent to own endowment different from ordinary people. Half a cup of water in their view is half-full rather than half-empty and failure for them is just a resting place rather than the quagmire that they could not get out just because they learn to face problems optimistically and positively in the experience of difficulties and setbacks rather than choose negative and pessimism.

An excellent brand is the condensation of company values, culture and philosophy. It is the reflection of the enterprise strategy and technology which needs long-term efforts before its establishment. It is not so simple as research, planning and promotion, but it contains an extremely profound spirit of enterprise and company culture and even daily habits of the most basic personnel. Any gorgeous system and plan will become a mere formality and empty talk with a lack of executive force to implement.

No one will be an entrepreneur by birth, they are made through their life. He may be born with some skills which may help him to become a entrepreneur. If someone is born entrepreneur then why should they wait for 16 to 25 yrs to become business men and why are they taking their education So a person can have the qualities of an entrepreneur by birth but can’t be an entrepreneur. Entrepreneurs are made, they are not born”.

Base on the discussion and analysis, there are relevant theory, concept and example support my opinion “Entrepreneurs are made, not born” Everyone has a great entrepreneurial potential to become an entrepreneur, the quality of entrepreneurs is not innate but it can be acquired through the training and experience, Everyone can choose to do pioneering work and become an entrepreneur as the career. Not all entrepreneurs are born with the eyesights of predictability. For example, conversely, a lot of people including Steven Jobs slowly form this insight after understanding the company’s current status and future. Lloyd is quite successful who leads the firm with nearly 100 lawyers to serve a number of global 500 companies through individual efforts, opportunities favor. Higher education is in fact a good investment in one’s future.


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