Entrepreneurship Essays

The fact is, for most entrepreneurs, life at most times is overwhelming. There are moments when you’ll find yourself with so many ongoing fires in the proverbial oven, the easiest thing to do is put yourself on autopilot and keep going, with no strategic focus in mind.  Related: You’ll find yourself engaging in social media, meetings, business operations, […]

Within the literature, diverse perspectives exist surrounding small business proprietors operating within the hospitality sector. Dewhurst and Horobin (1997) developed a model to show the tendencies of small business owners and managers regarding small business orientation. According to their model, many small business owner/managers in the hospitality industry focus on lifestyle-oriented goals rather than goals […]

Are individuals born with certain characteristics that predispose them to entrepreneurial endeavors? Is there a set of traits that can be attributed to an entrepreneurial personality? Or does environmental context, such as early exposure to entrepreneurialism make the entrepreneur? Questions such as these are often the topic of inquiry and debate among researchers in the […]

In the modern society, entrepreneurs play a significantly important role in promoting the economic development within this competitive global market. According to Kuratlko (2009) pointed out:” The entrepreneur is one who undertakes to organize, manage, and assume the risks of a business”, which means, entrepreneurs are the individuals who can convert the opportunities which have […]

The entrepreneur has long ties with Giorgio Armani. Giorgio Armani’s talent and his entrepreneurial spirit are the two qualities which have enabled him to achieve great success in building a genuine fashion empire since launching his own business in 1973 His evolution in taste and style has led Armani to eliminate the superfluous, emphasize the […]

The conference on May 19, 2011 had Luis Sanchez Noble as a guest speaker. During his speech, he talked about the essential traits and skills that entrepreneurs should possess. According to him, entrepreneurs are individuals who take risks in order to develop new ideas for products or services, aiming to create value in the market. […]

James Hillier, one of the entrepreneurs of the electron microscope, was born on August 22nd, 1915 in Brantford, Ontario. He attended the University of Toronto, where he received a PhD in 1941. After graduating, Hillier spent most of his career at the Radio Corporation of America (or RCA), discovering the principle of stigmator, which is […]

Richard Branson, the founder of the Virgin Group, is a highly distinctive entrepreneur renowned for his comedic persona. His innovative ventures have resulted in the establishment of over 400 companies within the Virgin Group. Branson’s entrepreneurial journey, however, has not been without its fair share of risks, difficulties, and failures. Branson’s approach to tackling challenges […]

Ruth M. Owades Ruth Owades was working as the Director of Marketing at Avion, a group of mail order companies, when she felt the need to start her own business. Indeed, in late October 1978, she had wanted to leave her job and fully commit to starting her own mail order company. Thecompany would be […]

Eliot Conviser, a young real estate developer, and his wife were finishing some egg rolls at the Golden Temple restaurant in downtown Boston in March 1979, when he spotted a familiar face at a nearby table. Wes Marins, a veteran broker in the real estate of Boston’s downtown areas, had just paid his bill and […]

MODULE 1 ENTREPRENEURIAL COMPETENCIES Every role has a skill and competency requirement. For a teacher or a performing artist, for example, it is the skill to communicate that plays a decisive role in their effectiveness besides, of course, their knowledge. For a craftsman or an artist, it is the creativity and skill in the chosen […]

A new breed of entrepreneur is thinking across borders – from day one. FOR A CENTURY AND MORE, companies have ventured abroad only after establishing themselves at home. Moreover, when they have looked overseas, they haven’t ventured too far a eld, initially. Consumer healthcare company Johnson & Johnson set up its foreign subsidiary in Montreal […]

The questions every entrepreneur must answer Preface Entrepreneurs must consistently ask themselves about their desired business and the capabilities they intend to acquire. Entrepreneurs need to differentiate between critical issues and normal challenges that come with growth (divide and conquer). The options that work for one entrepreneurial venture may not be suitable for another. The […]

Introduction We frequently define the enterpriser as the 1 who takes the hazards. The fiscal hazard is likely the chief hazard that assumes the enterpriser, because his personal luck can be engaged and there are many costs during the stage of installing and surcease of the activity. It is many more hard to understand when […]

The investment scandal perpetrated by Bernard Madoff is the largest financial fraud in the history of capitalism. It is believed that Madoff’s secretive investment advice firm caused a loss of nearly $65 billions for the 4,000 odd investors who trusted his firm with their wealth. The investors consisted of several celebrities as well as people […]

1. What unhealthy motivations drove Madoff to defraud investors and betray his friends? The motivation is selfishness. This is based on noted greed (extravagant lifestyle and the need to continuously take more money), narcissism (feeling of entitlement and ignoring welfare of others), and Machiavellianism (manipulation of others for self-gain, creating positive impressions while he gets […]

One of the largest fraud cases of all times is that of the “Bernard Madoff Case. ” According to Armstrong (2008), “for a number of years Madoff managed to lure billions of dollars away from huge charities, as well as wealthy individuals in both the United States and Europe by getting them to invest in […]

No doubt, those who regularly follow news and keep abreast of current happenings would recognize the name Bernard (Bernie) Madoff. He’s a notable American businessman, widely known as the ex-chairman of the NASDAQ stock exchange, who openly confessed to carrying out the biggest investment scam ever executed by a lone individual. On March 12, 2009, […]

Throughout history and across continents, business fraud has always been a popular means of enriching oneself. Even in today’s world, there are numerous issues to discuss, particularly in the realm of online business and investments. However, these fraudulent schemes are inherently unsustainable. Business frauds have existed since ancient times but truly thrived in the 19th […]

Accounting, overseen by an Accountant, involves the systematic recording, reporting, and analysis of financial statements. It sets regulations and guidelines for financial statement format and content. Fraudulent activities related to financial statements encompass fabricating profits, misrepresenting timing differences in recording revenues and expenses, concealing liabilities, and improper disclosures. There are two main types of financial […]

John D. Rockefeller, born on July 8th, 1893 in New York, possessed a strong understanding of money from an early age. At the age of 12, he lent $50 at a 7% interest rate to a local farmer. In the late 1800s, Rockefeller monopolized the oil industry and amassed great wealth. Rockefeller later shifted his […]

PART ONE – Issue #2: Was John D. Rockefeller a Robber Baron?A “robber baron” was someone who employed any means necessary to enrich themselves at the expense of their competitors. Did John D. Rockefeller fall into that category or was he one of the “captains of industry”, whose shrewd and innovative leadership brought order out […]