This entrepreneurial architecture creates within the organization the knowledge and routines that allow it to respond flexibly to change and opportunity in the way the entrepreneur does. It is a very real and valuable asset. It creates competitive advantage and can be sustained. In reality the discipline of entrepreneurial management draws on and brings together many different business disciplines, some established and others
TLandscaping is a best micro-enterprise idea for teenagers to start a business. In our community, landscaping has many feasibility for a micro-entrepreneur. For example, many families or parents do not have time to take care of their yard due to the exhausting works, so some of them will decide to call a professional landscaping company to maintain their yard. As a teenager, we have more energies and enthusiasm than others so that we can use a landscaping business to improve our skills and change
stores is in Sandton, Johannesburg. As one of the main objectives of this assignment is to highlight the importance of entrpreneurship to an economy of a country, the importance of franchisors and franchisees as entrepreneurs shall now be discussed: A franshisor serves as an entrepreneur as they expand their businesses by selling businesses to other entrpreneurs, the franchisees. The more businesses that emerge in the country, the more the economy grows as rate of unemployment decreases and more
the world economy, it is also a highly transformative one in terms of income generation, job creation and export earnings”. This paper recognizes the power of the printing press as a tool for an entrepreneur, enabler and a driver of any successful economy. The need for us to have creative entrepreneurs, motivate them by engaging those who can invest and finance them led to my position of presenting a paper on “ENTREPRENEURSHIP AND THE DEVELOPMENT OF A CREATIVE INDUSTRY: PRINTING PRESS”. Various
creativity in entrepreneurship and innovation has been explained through cognitive processes, motivation, attitudes, existing knowledge, work environment and personality traits [4]. Engineering students appear to be very well suited to become entrepreneurs. In paper [5], authors have summarized data related to engineering students’ interest and involvement in entrepreneurship education, attitudes toward entrepreneurship as a career option, how this involvement relates to students' entrepreneurial
The Entrepreneur’s Time. You may be asking, how an entrepreneur’s time is different from all the other people’s time. It is not. But, how an entrepreneur sees the value of time is what makes the difference. Without any doubt, time is one of the most valuable benefits that is offered to all of us. As entrepreneurs, it is of utmost importance that you find time’s value as it will lever how much money goes into your traffic, how your business will run, how wisely it is spent and distributed among your
Local businesses play an important role in any society. Not only do they create jobs for local workers, but also because they meet local needs and wants. Most local businesses are small, but however two thirds are owned and run by one person, nearly 90% employ less than six people. Those companies that survive over time provide economic stability for the owners, local businesses that create jobs for workers in addition to the owner offer even more economic stability. Economic roles are important
Businessmen and businesswomen alike spend a number of hours each day computing financial data and devising strategies to help businesses succeed. In order for these men and women to be successful in their individual professions, they must be able to respond to situations quickly and intuitively. While this is an ideal skill for all businessmen to have, it is clear that some are able to analyze situations better than others. Unfortunately, there are businessmen who are considered naïve and are unable
time. According to Schaper (2005), the common terms for entrepreneurs can be described as business opportunities created and seized by people which are also willing to take the risks of the implementation of their new ideas. Entrepreneurs are thought to be individuals with an ability to have creative thinking and are able to distinguish the risk of the new business, which withdraw from the conventional business thoughts and ideas. Entrepreneurs are the individuals who implement and develops new ideas
Entrepreneurs usually is someone who dare to take risks with very extreme level. This can be proven when they chose the path to becoming an entrepreneur, because it makes them full of challenges, problems and uncertainty in their life. Extreme risks taken would have to be measured properly, if not it will be a catastrophe in the future. As an entrepreneur, whether you are an extreme risk taker or someone who is reckless? I have bitter experience when I decided to get out of where I work before