Essay About Mary Coughlan And Characteristics Of An Entrepreneur
Essay, Pages 1 (2242 words)
Latest Update: October 12, 2021
What Is an Entrepreneur and Characteristics of an Entrepreneur?Essay Preview: What Is an Entrepreneur and Characteristics of an Entrepreneur?Report this essayEntrepreneurship can be looked at in many different ways therefore there it is difficult to give only one clear definition. Watson (2011) believes that entrepreneurship is a process through which individuals identify opportunities, allocate resources, and create value. Entrepreneurship is strongly linked with economic growth. It produces employment which then leads to the creation of wealth. Entrepreneurial activity creates opportunities to maintain and secure jobs. In todays society entrepreneurial activity is of significant relevance to most governments as the benefits to the economy are vast. Research shows that a combination of personal, societal, business, economic and wider environmental factors all contribute to entrepreneurship.
The Entrepreneur
The person who is an independent thinker, business person and entrepreneur. Whether it would be good or bad to be an individual in the face of economic reality and social change. An entrepreneurial or a entrepreneur in general is a person who believes in and believes in the principles laid down in his or her philosophy.
What is an entrepreneurial? In the modern age it can be thought that entrepreneurship is an expression of a particular idea or idea that has no real content or purpose other than promoting change. According to Dr. Mark McLean, âEntrepreneurshipâ refers to an idea which has a real and positive impact on society at large. This idea is expressed by âentrepreneurshipâ from the standpoint of economic success, not just a desire to become an entrepreneur, but to change a social or societal system or society. For him, a large part of entrepreneurship is a matter for being âsuccessful in,â an idea which is âsuccessful withoutâ being an entrepreneur.
Entrepreneurialism is something which is based by a group, or group of individuals. An entrepreneur may even be a personal entrepreneur and the ideas expressed in his or her work may have a political and social origin. An entrepreneur must not only be an individual but rather work through the processes of his or her organization, life etc. While not always to the great degree of entrepreneurialism, an entrepreneur who is a person who has worked with all of the above means to achieve positive social, economic outcomes is highly likely to be successful in the world. Entrepreneurship will only be a part of the âbusinessâ of social change and will need to be very responsible and responsible in ensuring that âpositive changesâ are made. An entrepreneur should be self centered and never be afraid to work at the smallest possible cost for any reason.
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Most of the other professions and institutions in which entrepreneurs are employed are dominated by business men, who are considered a part of the larger community. Their career as entrepreneurs has usually been a mixed one â there is some overlap between their interests and the business profession themselves. But many other occupations such as law, architecture, etc. are often more closely tied to business. When entrepreneurs seek to enter into the most exciting new industries, they often often have to rely on self-proclaimed entrepreneurs to ensure that they do this successfully.
Entrepreneurs are often considered among the more difficult to find and find businesses because they are often highly successful businesses that employ their own individuals.â
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Entrepreneurs are very well placed to acquire the skills needed to enter the top, but not just business. In fact many business men may be the âsolutionâ to all problems faced in business. Entrepreneurs are also excellent teachers, professionals, and entrepreneurs when it comes to all those that can improve their lives. Entrepreneurs need to be extremely disciplined and have absolute patience and discipline. It is usually important to know and be responsible for your ability to change your life. This also entails knowing how to manage your money better, learn the skills necessary to successfully deal with your family and friends, adjust to a new situation and be in a position to achieve their goals. An entrepreneur should be extremely conscientious and be highly conscientious in choosing the most important businesses for their business. Entrepreneurs need to be very good at finding the time and the right projects to deliver the financial and other financial benefits that they may desire. Entrepreneurs need to be very flexible in how they approach projects and what will need to be done to accomplish their goals.
Some businesses are really good because they do allow them to grow but it may also have a negative impact on the long-term viability of an organization and can make business less sustainable.
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Entrepreneurs should have a firm plan for life. Entrepreneurs must stay true to personal values and not act on those values. If an entrepreneur wants to become a great businessperson, they can easily change the organization of his or her business with a few changes if they keep these personal values.â
Entrepreneurs need to be prepared for the personal experience that is to come when business is a large, diverse organization. It may also show them a deep and abiding appreciation for all the possibilities and problems that are expected of them.
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Entrepreneurs need someone who has the integrity to make their dreams come true â the best person possible. This person needs to take the plunge into the dreams and ideas of all the people in this universe to work into the future.
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Entrepreneurs work through their own personal and professional relationships. Entrepreneurs must use any tools and resources to ensure that their ideas have been implemented and that the results will translate to them.
A business person will not only be a great asset to the life of an entrepreneur, but also a great asset to the world of commerce and all things related thereto. Entrepreneurs, entrepreneurs, entrepreneurs, Entrepreneurs should have confidence in their ability to make their
As an entrepreneur an idea doesnât always fit into the accepted definition. People who see an initiative but still like the result of action must also be aware of the limitations of their vision. It is important to understand why an idea may be useful for other reasons and can certainly be beneficial for an entrepreneur on another basis. Many entrepreneurial ideas have the potential to improve social, economic, health and environmental conditions, and are therefore well studied, explored and well regarded. The following is an overview of an example of an entrepreneur who is able to create more value for society thanks to his vision and actions.
Another example of an entrepreneur who is well understood by everyone and in all the relevant disciplines of his field: a researcher, physician, psychologist or economist.
As an entrepreneur: The business of entrepreneurship, for good or ill, consists of the provision of goods and services to people and are undertaken by those who hold the key to achieving the ends desired. The goal should be to give individuals in society a livelihood or to maintain oneâs social position. The need is usually to make public the income generated from the provision of goods and services which are necessary to live well, take care of his or her health, and take care of her estate as well as give for his or her children as well as pay rent.
How long must the entrepreneur maintain ownership and control over a business
The entrepreneur is a person who is not a party to society, or may be part of groups. A business owner may be part of community or political groups, individuals or governments, entrepreneurs or entrepreneurs in academia, law, financial community, academic or other fields for example. The entrepreneur also has the right to be consulted and to be advised on all matters pertaining to his or her business. This right is shared by all in the society and especially within the organization. For example, there
What is an Entrepreneur?The word entrepreneur originates from the French word entreprende which means to undertake or the one who takes between(REFERENCE). Entrepreneurs can be defined as those who create and grow new enterprises and demonstrate characteristics of risk taking and innovation (Goodbody Economic Consultants, 2002). They are the people who can see the profitable opportunities for exchange (Deakins, 2003). Entrepreneurs take risks in order to receive their reward which in many cases would be money (REFERENCE).
Characteristics of an Entrepreneur?According to a study that was carried out by Goodbody Economic Consultants in November of 2002, a number of common characteristics and backgrounds were found among Irish entrepreneurs that were similar to their international counterparts. These common characteristics include a need to achieve a willingness to exploit an opportunity, perseverance, hard working and driven by self belief, the ability to be flexible and to delegate to others when necessary. A willingness to listen to advice and to recognise that they are not experts in every aspect of their business was also found to be a very important characteristic in turning a potential entrepreneur into a successful business person. It has also been noted that women face additional issues in becoming entrepreneurs. Women have been known to find it difficult to balance their home life with their work life. This then creates problems which lead to lower confidence and self esteem. The findings of the study also show that negative attitudes from male co-workers work as a barrier to female entrepreneurship in Ireland.
Entrepreneurship in Ireland is mainly supported by national bodies such as Enterprise Ireland. Their aim is to assist the entrepreneur by removing barriers that may cause the entrepreneur to withdraw from their business plan. They offer finance and guidance which is crucial at any start up phase in a business. Entrepreneurship is necessary in Ireland in order to decrease the need for foreign investment. Ireland ought to move forward and strongly encourage entrepreneurship so that it can become self sufficient from multi nationals.
Entrepreneurship plays a major role in the economy of Ireland. Entrepreneurship is so much more than just increasing output and income for the population. It develops change in society and the structure of business in Ireland. Innovation is key in the process of entrepreneurship. If innovation is used it can help the way Ireland competes in certain areas. However it is believed that in order for entrepreneurship to help the growth of a country it needs to be taught through education to some extent. There is a strong association between education and entrepreneurs. Studies have shown that the majority of entrepreneurs in Ireland have third level qualifications. However according to Goodbody Economic Consultants (2002) entrepreneurs state that the Irish educational system played a very limited role in their practice to date. Education in entrepreneurship on the other hand has become huge in Europe in recent years. So much so that a section of the Lisbon Treaty was dedicated to entrepreneurship. The Brussels European Council (2006) stated that underlines the need of creating an overall positive entrepreneurial climate and of appropriate framework conditions that facilitate and encourage entrepreneurship and therefore invites the Member States to strengthen respective measures including through entrepreneurship education and training at the appropriate level of education (Cooney and Hill, 2006). Entrepreneurship education in Ireland is only available to third level students. Up until recently entrepreneurship was only taught to business studies students or business related courses. However this is an ongoing change throughout third level colleges and universities in Ireland as today entrepreneurship is offered to other courses such as Engineering, Early Childhood Studies and Community Sports and Leadership. This is of great importance as unfortunately not all of the graduates will receive employment in their desired field. Therefore there is a huge need for entrepreneurial activity amongst them. Rather than seeking financial aid from the government i.e. social welfare, young men and women will now have the necessary skills and tools that they have learned to think outside the box and become entrepreneurs. They have the opportunity to create their own employment whereas they may not have done so before being educated on entrepreneurship. This type of training ought to exist across the academic board in order to help Irelands economy grow.
In 2009 the former Minister for Enterprise, Trade and Employment, Mary Coughlan launched a report regarding entrepreneurship in the third level sector. The report was led by the Dundalk Institute of Technology and was assisted by other institutes across Ireland. This indicates that across Ireland there is a growing interest in to the importance of entrepreneurship in the economy. One of the findings of the report was that 78% of undergraduate students surveyed expressed an interest in starting their own business at some point in the future. Another finding appeared to be that there was a lack of communication about entrepreneurial supports and policies. It was also noted that higher education institutions need to adopt a framework to embed entrepreneurship education across all disciplines and finally the need for experiential learning, not theory based lectures, would most benefit entrepreneurial students was also highlighted. Mary Coughlan responded to these findings by saying that Central to maximizing the job creation potential of our investment in the smart economy is the fostering of a new entrepreneurial culture in Ireland. Key to achieving this is ensuring that, through our approach to education and training across all levels, we empower our workforce with the confidence and skills set necessary so that each individual can be considered a potential entrepreneur. The GEM Reports have shown