Preview

The DNA of an Entrepreneur: Is There an Entrepreneur Gene?

Powerful Essays
Open Document
Open Document
2547 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
The DNA of an Entrepreneur: Is There an Entrepreneur Gene?
The DNA of an Entrepreneur

Is there an Entrepreneur Gene or an Entrepreneur Chromosome within the DNA of an Entrepreneur? In humans, there are chromosomes that determine sex and there are genes that determine the color of your eyes. Generically speaking, there are X & Y chromosomes that determine whether you are either male or female suggesting that you either are a female or are not a female. With genes, there are dominant genes and recessive genes, suggesting that while you might carry a gene for blue eyes, you may also have a dominant gene from brown eyes which would win out to determine what your eye color is. A lot of institutional research is ongoing to map the human genome and identify the functions and role of DNA within the genetic make up of the human being. If we evaluate the genetic structure of economics and commerce, philosophically we can ask the question – Are Entrepreneurs Born? Or are they made? Culturally there currently exists a romantic “notion” about the glamour and romance of entrepreneurship. Many popular bands on tour have “groupies” that follow them that are romanced by the emotional feelings that are created by the illusion of what it means to be a “rock and roll star” on tour. Similarly, there are “entrepreneur groupies” that dream of the romance of entrepreneurship and desire to be associated with, close to, or affiliated with entrepreneurs. The reality of what it takes to be an entrepreneur (or a rock and roll star in a popular band) is often quite different than the romantic “notion” that exists in the public perception. Similarly, what is an entrepreneur? What is the DNA of an Entrepreneur? What is the genetic make up of an entrepreneur? What are the characteristics of an entrepreneur? These questions are best answered not by a popularized romantic notion of the perceived glamour and romance of entrepreneurship, but by a scholarly researched assessment of the characteristics that drive long

You May Also Find These Documents Helpful

  • Powerful Essays

    Aem 1200

    • 705 Words
    • 3 Pages

    5. In lecture, we quoted Scott Shane, “The Illusions of Entrepreneurship”, as follows: “The typical entrepreneur isn’t a Silicon Valley tycoon, but rather a white man, married and in his forties, who started his business because he didn’t want to work for someone else and who is just trying to make a living. Psychological factors account for very little of the difference between entrepreneurs and other people, much less then…

    • 705 Words
    • 3 Pages
    Powerful 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

    Tesco Political Factors

    • 1071 Words
    • 5 Pages

    Entrepreneurs are people in which organised other productive resources in which helps to make good and since the economics regard entrepreneur’s as a specialist form a labour input. Others believe that they deserve recognition as a separate factor of production in their own rights.…

    • 1071 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    In this report I shall establish what an entrepreneur is. I shall explain the different types of Entrepreneurs, and reasons as to why they decide to become self employed. I shall then discuss in detail the rise of 1 of the worlds best known and loved Entrepreneurs, Oprah Winfrey.…

    • 2447 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Are leaders born or made?

    • 733 Words
    • 3 Pages

    Shane, S. (2010) Born Entrepreneurs, Born Leaders: How Your Genes Affect Your Work Life. New York: Oxford University Press.…

    • 733 Words
    • 3 Pages
    Powerful Essays
  • Good Essays

    An entrepreneur is a person who wants to accept, and dare the challenges, and take the risk for him to grow, and create higher opportunities as well for the profits. An entrepreneur personal characteristic is willing to adjust, adapt, and grow. He must be very creative, energetic, outgoing, intelligent, inspired and motivated in his endeavors.…

    • 504 Words
    • 3 Pages
    Good Essays
  • Better Essays

    The engine of Capitalism

    • 6498 Words
    • 26 Pages

    Hebert, Robert, and Alfred Link (1988), The Entrepreneur: Mainstream Views and Radical Critiques, 2nd ed. (Westport, Conn.:…

    • 6498 Words
    • 26 Pages
    Better Essays
  • Better Essays

    What Is an Entrepreneur?

    • 2109 Words
    • 9 Pages

    Hornaday, J. A., and Aboud, J. (1971), Characteristics of successful entrepreneurs, Personnel Psychology, 24, 141-153.…

    • 2109 Words
    • 9 Pages
    Better Essays
  • Powerful Essays

    Schumpter (1934) saw the definition of an entrepreneur as not only individuals who bears the risk of buying and selling at uncertain prices , but more of process by which an economy moves forward through the act of creative disruption or innovation. There are many different avenues on what defines a person as an entrepreneur, the definition itself is evolving based on the society we are in today. The entrepreneur in this report when asked what he thinks is an entrepreneur in a small business, his opinion was “a person who takes control of his or her own destiny to become self employed either by setting up a business or taking over from someone else.”…

    • 2552 Words
    • 11 Pages
    Powerful 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
  • Powerful Essays

    There are many theories regarding on what entrepreneur means. Entrepreneur was derived from the French word ‘entreprendre’ during the eighteenth century which means to undertake. It was during this time that it started evolving to the English word entrepreneur. Along the years, there were many theories on explaining what entrepreneur means. Different authors came up with different theories on what entrepreneur is defined as. This report shall look into the theoretical developments of entrepreneurship through different authors throughout the years and as to how they differentiate from each other. Entrepreneur in today’s terms can be simplified as one who undertakes the task of organizing, managing and risks of a business or enterprises. To illustrate better an example of an enterprise shall be explained in details to have a further understanding of what entrepreneurship means.…

    • 1724 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Being an entrepreneur is about more than just starting a business or two, it is about having attitude and the drive to succeed in business. All successful Entrepreneurs have a similar way of thinking and posses several key personal qualities that make them so successful in business. Successful entrepreneurs like the ambitious Richard Branson have an inner drive to succeed and grow their business, rather than having a Harvard Business degree or technical knowledge in a particular field.All successful entrepreneurs have the following qualities:Inner Drive to SucceedEntrepreneurs are driven to succeed and expand their business. They see the bigger picture and are often very ambitious. Entrepreneurs set massive goals for themselves and stay committed to achieving them regardless of the obstacles that get in the way.Strong Belief in themselvesSuccessful entrepreneurs have a healthy opinion of themselves and often have a strong and assertive personality. They are focused and determined to achieve their goals and believe completely in their ability to achieve them. Their self optimism can often been seen by others as flamboyance or arrogance but entrepreneurs are just too focused to spend too much time thinking about un-constructive criticism. Search for New Ideas and InnovationAll entrepreneurs have a passionate desire to do things better and to improve their products or service. They are constantly looking for ways to improve. They‘re creative, innovative and resourceful.Openness to ChangeIf something is not working for them they simply change. Entrepreneurs know the importance of keeping on top of their industry and the only way to being number one is to evolve and change with the times. They‘re up to date with the latest technology or service techniques and are always ready to change if they see a new opportunity arise.www.woopidoo.comCompetitive by NatureSuccessful entrepreneurs thrive on competition. The only way to…

    • 496 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Intrepreneurship

    • 1130 Words
    • 5 Pages

    3/18/2013 BBUS 3710 Intrapreunership Instructor Bashir Ahmed, CFA Definition • An intrapreneur is someone who has an entrepreneurial streak in his or her DNA, but chooses to align his or her talents with a large organization in place of creating his or her own, or corporate enterpreuners • Introduction of New Products Outside of the Traditional R&D Process Creation of New Strategic Partners: Example: – P&G acquiring Gillette • – Delrina Technology, a Toronto-based software products firm, was a vendor to IBM. It needed capital for expansion, but banks were reluctant to lend the company any money because of the intangible nature of its software. IBM already had a marketing partnership, it wanted Delrina to continue to innovate.…

    • 1130 Words
    • 5 Pages
    Satisfactory Essays
  • Powerful Essays

    The trait approach focuses on personality attributes, which are consistent patterns in the way people think, act and feel. It is widely agreed that these traits are the building blocks of personality. This psychological research is useful to understand the motivational characteristics that encourage people to become entrepreneurs and also it helps to understand entrepreneur’s behaviour. The trait approach can answer fundamental questions including: “who are most likely to succeed as entrepreneurs”. Whilst Trait is useful, it has been criticised for the lack of consensus among researchers; surrounding a fixed set of clear cut differences in personality traits between entrepreneurs and non-entrepreneurs. For this reason the validity of the trait approach has been questioned; despite criticisms, research into the correlation between entrepreneurs and personality traits are continuously being researched.…

    • 2483 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    The Entrepreneurial Mind-

    • 18012 Words
    • 73 Pages

    not magic; it’s not mysterious; and it has nothing to do with genes. It’s a discipline and,…

    • 18012 Words
    • 73 Pages
    Good Essays