Entreprenurship - 783 Words

Current Event Article #1 Current Event Article #1 For this assignment I decided to choose an article related to entrepreneurship. The article that I chose for this assignment is called â€Å"The Choices That Led Small Business Owners to Wealth† by Paul Sullivan. This article talks about some of the obstacles that some of the most successful entrepreneurs faced and what they did in order to get past those obstacles. This article goes over decision-making, risk taking, recruiting and more. The article starts off with an entrepreneur named William Greenblatt. It talks about how Mr. Greenblatt’s decision-making skills and confidence allowed him to take a company that he founded when he was in college to a global business with 3,900†¦show more content†¦After this spike in revenue he decided to hire a chief operating officer to take over the company. Blaine Vess thought that it would be best to let someone else with more experience take over his company and it was. Once the new chief operat ing officer took over, StudyMode’s revenue increased to $20 million a year. Overall the article I chose talks about entrepreneurs and how certain decisions they made helped them become successful. Overall, I really enjoyed this article. This article not only informed me about why certain things are important but also provided examples of real situations. In the business world you will constantly be confronted with problems and decisions to make. Therefore, knowing how to make and choose the right decisions will be crucial when stepping into the business world. However, knowing how to make the right decisions is not as simple as it seems. Making decisions requires strategy and technique. The article did a great job explaining how entrepreneurs made a final decision based on what they thought was best for their business. As mentioned earlier, the article also touches on recruiting and pay. It provided an example of an entrepreneur who decided to invest in his employees. In orde r to make his business successful an entrepreneur decided that he would first need to makeShow MoreRelatedMcq Entreprenurship5346 Words   |  22 PagesChapter 1 The Foundations of Entrepreneurship    Multiple Choice Questions:    1. A recent study by Ernst and Young found that 78% of influential Americans believe that entrepreneurship will be the defining trend of this century. The entrepreneurial opportunity that topped their list was: a. the Internet b. globalization c. downsizing of corporate America d. None of the above.    Read MoreJadelink1358 Words   |  6 PagesDAY TWO, TUESDAY 28TH. 1:30PM – 3:20PM ENTREPRENURSHIP IN CHINA PART 2 CASE: JADELINK AND THE LUXURY GOODS MARKET IN CHINA Comentario en Internet de Harvard Business Review : â€Å"The experienced entrepreneurial chief executive officer (CEO) of Jadelink International Limited strives to create a modern jewelry brand representing a new perception in jade. The CEO has achieved early success of growing sales rapidly and bringing Jadelink products to Shanghai, the trendiest city in China. But the companyRead MoreEnterprise : An Entrepreneur Who Demonstrates Passion, Commitment, Technical Skills And Dedication Essay1436 Words   |  6 Pageschallenges enterprises face in today`s world. 3. Compare the theory with one of the other entrepreneurial theory. 4. By taking examples from the interview confirming the theory of entrepreneur. 5. Conclusion of theory of entrepreneur. THEORY OF ENTREPRENURSHIP: There are many classical as well as modern theories that define the theory of entrepreneurship. Analysing these various entrepreneurial theories and understanding them to put into practice is the main aim Theories of entrepreneurship can broadlyRead MoreExploring Employment Seeking Behaviors Of Persons With Hiv / Aids1579 Words   |  7 Pages Photovoice is also an important tool to address more specific issues like problems in organizational climate as it allows a better understanding of moral and control implications within organizations. In other contexts, photovoice triggers entreprenurship behaviour, supports the development of social identity and also serves as an empowerment tool. All these insights provided me with the foundations to develop the photovoice project that is presented in the following section. Read MoreThe Southern Training Group: An Analysis3656 Words   |  15 Pagesopportunities to train laborers, develop partnerships and support the improvement of the domestic labor force. References: Alvarez, S.A., Barney, J.B.. (2007). Discovery and creation: alternative theories of entreprenurial action. Strategic Entreprenurship Journal. Vol. 1 Braunerhjelm, P. Svensson, R. (2009). The inventors role: was Schumpeter right? Springer-Verlag Fergusson, J.; Baron, S.; Alhomaili, I.; Al Jerayed, T.; Basera, P.; (2012). Southern Training Group Frenz. (2010). farming in