Preview

Entrepeneur

Good Essays
Open Document
Open Document
853 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Entrepeneur
What Motivates Entrepreneurs?

Bill Gates, Warren Buffet, Larry Ellison and Amancio Ortega are all in a list of the world billionaires. What does these guy do? They are known as an entrepreneurs. Each of them have their own childhood memories. Some of them did not finish their school nor becoming best student among their friends. As I observe, the down fall of someone did not measured base on their performance back then. The measurement are as in this reality. The achievement had shown how well they did manage to become a successful person. Not only for their own benefit, but also for public or user base on their ideals. Their contribution give good impact not only to the nation but also for the world. As the world become a better place to live. The question is what motivates them to become someone in the industry? The entrepreneur possesses a level of commitment and a vision that are easily observed. They are inventive, aggressive, confident, tireless, competitive, and possess an intense level of focus. Best word to describe them are they are genuinely believe in what they are doing and thereby inspire others toward the same goal. Base on the article I do agree with the key factor that motivate the entrepreneurs. The key factors are wealth, intrinsic motivation, and social responsibility. Wealth, in my opinion is something that most of us dream off. Wealth give a great satisfaction after a great hard work. With wealth, it somehow give someone a power to control something they want. But the most important thing is how well do they spent the wealth. Some say that money can buy happiness but when there is no love how do they live in a peace. In other world, the used of the wealth itself can also benefit others. For example, a portion of money can be donate to the welfare. Furthermore, for the entrepreneurs, some portion of the wealth is to be kept for the sake of their generation. Living in this urban lifestyle can sometimes be very hard to control. This is because

You May Also Find These Documents Helpful

  • Good Essays

    Therefore, Even the well-known people goes through different obstacles and hardships in their life. Bill Gates went through some struggles in his life too. He dropped out of Harvard University and tried to run a successful business from ground up. He tried over and over again until the third time he was successful. Its goes back to Michael Jordan quote, Gates fail but it didn’t stop him from trying and that’s why he succeeded. He was determined to make a successful company and he didn’t let anybody stop him. Now Bill Gates is the wealthiest man in the United States of America.…

    • 850 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Chapter eighteen of David Bornstein’s How to Change the World is titled “Six Qualities of a Successful Social Entrepreneur”. As the title implies, Bornstein, based on data he has collected for his book, lists the six qualities he believes are exhibited by successful entrepreneurs. He begins this chapter stating that though many people believe “highly successful entrepreneurs are more confident and persistent than most others” (Bornstein 238). He quickly debunks this idea by explaining that the key difference between successful and unsuccessful entrepreneurs is their motivation.…

    • 537 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Successful Outliers

    • 1300 Words
    • 6 Pages

    Entrepreneurs are worshipped for their vast knowledge and achievements and often times, their contributions to society are praised and greatly appreciated. However, most of these successful individuals are not successful simply because of how creative or unique they are, but mainly for other reasons that are not seen at a first glance. In Malcolm Gladwell’s book, Outliers, he writes that the success of these achievers is actually dependent on their upbringing, and the factors that made them who they are. His opinion remains true as most if not all successful people are really just ordinary people who had advantageous circumstances, favorable backgrounds, and the will to do hard work.…

    • 1300 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    SAT Style Research Paper

    • 589 Words
    • 3 Pages

    If a teacher asked a class of first graders, ‘What do you want to do when you grow up?' How many of them would say they wanted to be an entrepreneur, or a stock broker, or a high ranking executive of a large corporation? The answer is none. Generally, children picture themselves helping others as Police Officers, Firefighters, Doctors, or Lawyers and so forth. This illustrates the natural motivation of people to achieve by personal satisfaction, but unfortunately, the influence of money and fame can radically change an individual's frame of mind when it comes to motivation. Although the media, governmental system, and corporations tell the average person they want money and fame, the great majority of people are still motivated more to achieve something for personal satisfaction, even those that are already rich and famous.…

    • 589 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Andrew Carnegie Essay

    • 495 Words
    • 2 Pages

    The central thesis of the essay focused on the dangers of wealthy entrepreneurs simply passing on their fortune to their children, or other persons and organizations that were not qualified to handle it. Instead of wasting money on frivolous expenses and using it inefficiently, Carnegie argued that such money should be put towards the public good. Thus, even as capitalism could indeed hurt some while benefiting others, poverty could in fact be tackled and solved by the very wealthy businessmen that had contributed to the problem.…

    • 495 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Money is the motivating factor for most people nowadays and people will do almost anything to get it. Increasing your wealth has become a necessity in today’s materialistic society and continues to spread. People…

    • 323 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Jim Corman: he provides anecdotal evidence that individuals often engage in entrepreneuring for motives other than wealth. Corman was a senior vice president at a large long-distance telephone provider and he stated that decisions came too slow, he had too little control of the work environment, and all corporate decisions were dominated by their impact on next quarter’s earnings. His CEO asked him to lay off employees in Corman’s hometown in order to boost the quarterly earnings, however he refused and left the company. He then created his own company to provide jobs for sixty of his laid-off neighbors. This start-up motivation is the intent of the Special Topic Forum (STF) and this article.…

    • 2012 Words
    • 7 Pages
    Better Essays
  • Good Essays

    The Entrepreneurs that I am comparing and contrasting are Elon Musk, Sir Richard Branson, and Jim Garlend. The difference in character traits between these men is rather easy to point out. Elon’s main goal was to change the world and had the ability to convince people he was going to do so. Richard was intrigued by adventure, and beating the system which led to his first experience behind bars for tax evasion. While Jims motivation was leaning towards helping people lives. He wanted to personally make a positive impact on society. I personally can relate to Jim’s need to impact society. I find that helping people motivates me more than anything else in this world. It’s imperative for me to seek out a profession that will directly involve helping the society to help me to be passionate about what I do for the rest of my life. Ask yourself, are you following your passion? If the answer is no, I suggest think deeper to find out what you are going to do with this life you have?…

    • 508 Words
    • 3 Pages
    Good Essays
  • Good Essays

    When we talk or debate about if the entrepreneurs are born or made, we need to think about what makes an entrepreneur, what are his objectives as an owner of a business, what should be his main skills and what kind of challenges and tasks he needs to face when running out a company. The word entrepreneur, originally from the French verb “entreprend”, means “to undertake”. An entrepreneur is the person who undertakes a business. He is someone who organize the factors of production and who knows how to spot an opportunity and turn a dream into reality. He is someone who enjoys of skills as vision, motivation and determination and has initiative and desire to take risks in order to benefit from the rewards (e.g. profits). They should be creative, innovative and confident about what they are doing, An entrepreneur needs to have the capacity to overcome any problems or disillusions, because in the day-to-day business they are faced with so many challenges and tasks, as placing their product in the market, do the right thing on the right time, manage costs, organize their enterprise, build a reputation of themselves and of their business or company, and so many other things. He also should have knowledge about the business system, that is, how everything works in this field theoretically, because this will help him the make efficient decisions. The objective of a good entrepreneur is not only making money. He aspire for being best than the others, to make his own identity in the world, to prove himself, but he also have an insatiable desire for success and love and passion for his work. Obviously, that to achieve all that aspirations he is required to make profits in this business, but I believe that we only can have success (e.g. make profits) if we have ambition, passion, dedication and commitment towards our work and goals.…

    • 800 Words
    • 4 Pages
    Good Essays
  • Good Essays

    2. Benjamin Franklin said “Money has never made man happy, nor will it; there is nothing in its nature to produce happiness. The more of it one has the more one wants”. The desire to earn more money cannot be made independent from man. Same desire keeps the status of money as a motivator alive. According to Maslow theory of needs, it is impossible to survive without fulfilling basic needs of life. These needs are physiological, security and sense of belongingness. In today’s material world it is not possible to acquire the needs like food and security without money. Money makes the mare go and it is rightly so. Same weakness of man is being exploited by modern organizations. Rewards and incentive offered by the organization push workers to produce desired results which when combined together help the organization for its ultimate aim. Organizations look for opportunities such as…

    • 768 Words
    • 4 Pages
    Good Essays
  • Better Essays

    World's Richest Man

    • 980 Words
    • 4 Pages

    “ I want to be the richest man in the world” – A line many of us love to use , but as we work through each and everyday of our life , the conviction , the passion , the desire to be , “ The richest man in the world” slowly turns into “ I want a job.” Well … All is not lost people ! This article is something you can read up , everytime you feel you desire to be “ the richest man in the world” being crushed , mutilated or played around with , or this article shall serve as your first thought to be “ The world’s richest man” . The best way to get inspired , is to read about the man who is currently , “ The world’s richest man “ The man who is currently “ the worlds richest man “ has been ranked as the world’s richest man for 3 consecutive years by Forbes magazines list of , “ Top 100 billionaries “ viz ; 2010 , 2011 , 2012 . Let us now read about who this colossal business tycoon is and how he achieved such greatness .…

    • 980 Words
    • 4 Pages
    Better Essays
  • Good Essays

    To Be an Entrepreneur

    • 527 Words
    • 3 Pages

    Some people are motivated by dissatisfaction with the organizational work world, citing desires to escape unreasonable bosses or insufficient rewards and recognition as motives to start their own firms. For me, I like to start my own business because I believe my ideas represent opportunities to fulfill customer's needs. I am a kind of people who like to create things for better life, this inborn ability showed up even when I was a child. I also like to make something significant out of a small beginning. I believe these are characteristics of being an entrepreneur. And the satisfaction of making others feel satisfactorily is the motivation that drives me most. Like Bill Gates, he recognized his own entrepreneurial role at Microsoft when he resigned from the chief executive of his now-giant enterprise to take on the new position of "chief software architect." The change enables the current CEO to focus on managing the company while Gates looks for new business opportunities. The only reason he gave up being a CEO is the motivation to create new things for better life. He strongly desires the feeling of satisfaction which can only be obtained by accomplishing his never-ended goals one by one.…

    • 527 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    enterprenuer born or made

    • 2684 Words
    • 9 Pages

    It's an age-old question: Are entrepreneurs a special breed, born into this world with a drive and need to succeed that most of humanity lacks, or can they can be created through education, experience and mentorship? We spoke to two academics who have strong opinions on the matter.…

    • 2684 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Entrepreneurial Competencies

    • 2971 Words
    • 12 Pages

    It is hoped that after reading this module you will actually see the potential of a career in entrepreneurship, and experience a desire to start a venture of your own. At the same time there might be certain inhibitions in your mind whether such a task is feasible, practical and sustainable. For every task one needs certain competencies. In this module you would learn in detail about the entrepreneurial competencies. Whereas competencies reinforce a person’s perception of feasibility of a career option, there also has to be the will and urge, a ‘perception of the desirability.’ Is it not impossible that entrepreneurship has a key role to play in economic development, yet there are very few who ever think of it as a career option? And, it is not that they may be lacking in skills. What one often finds is the lack of motivation! Competencies equip you with the knowledge of how to do (‘know-how’) of entrepreneurial behavior and motivation provides answers to why to do (‘know-why’) of entrepreneurial behavior. You would also be learning about why people opt for entrepreneurship. The question of ‘why entrepreneurship’ is also linked to reward expectations, be these financial, social status or psychological satisfaction. In case of entrepreneurship, successful performance of the venture itself becomes a reward for the entrepreneur.…

    • 2971 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    Season

    • 506 Words
    • 3 Pages

    The man who becomes wealthy is in a measure successful, but only so far as the acquirement sharpens his intellect, broadens his powers, and develops him into a self-reliant, powerful member of society for its good. Selfish wealth is never good. One may be a millionaire, but if with it comes greed, avarice, oppression of others, the success is small indeed. Scattered along the path of life we find examples of men whose success brought them fame and glory and proved an unqualified blessing to all mankind. . . .…

    • 506 Words
    • 3 Pages
    Good Essays

Related Topics