Entrepreneur Essays

Bibliography Textbooks and literature 1)Corporate Entrepreneurship and Innovation, Entrepreneurial Development within Organisations, Second Edition, Thompson Southwestern, M. Morris, D. Kuratko, and J. Govin. 2)Crafting and Executing Strategy, South African Edition. Text, Reading, and Cases. J. Hough, A. Thompson, A. Strickland, and J. Gamble McGraw Hill 3)Strategic Management of Technological Innovation Second Edition, 2008. M. Schilling […]

Early Years Samuel Moore Walton was born on March 29, 1918 to Thomas Gibson and Nancy Lee Walton near Kingfisher, Oklahoma. In Oklahoma, he lived and worked on his family’s farm. He grew up during the depression and knew the meaning of hard work and dedication. He started selling magazine subscriptions by the age of […]

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 […]

Not only is Disney a producer of media but it also distributes its and others’ media products through a variety of channels, operates theme parks and resorts, and produces, sells, and licenses consumer products based on Disney characters and other intellectual property. CEO Michael Eisner has been instrumental in many of these changes. How can […]

Company from Paramount Pictures in 1984 to help Disney out of its financial slump in the 80’s. Eisner helped revamp Disney’s theme parks as well as rejuvenating their movie studio. In the process, Eisner helped “make Disney into a television powerhouse, climaxing those efforts with the takeover of Capital Cities-ABC…yet when Michael Eisner assumed leadership […]

What are the factors contributed to EuroDisney’s poor performance during its first year of operation? Walt Disney overestimated the magic that was to be in introducing Europe’s most lavish and extravagant theme park in April of 1992. The fiscal year 1992-1993 brought EuroDisney a loss of nearly $1 billion. Mickey, a major promotion tool of […]

Executive Summary American businesses make assumptions about the transferability of their business, management, marketing, economic and structural models of organizing which frequently fail to take into consideration cultural differences. An example of the consequences of such an approach to intercultural business practice can be found in the Disney Corporation’s recent Chinese venture, now called Disneyland, […]

This following report is based on the environmental impacts and issues Hong Kong Disneyland has on the hospitality and tourism industries. Disneyland was first opened in Los Angeles in the year 1955 and is owned and operated by The Walt Disney Company. It was aimed for entertainment and family and is one of the most […]

The WD Company’s Financing The decision of whether or not to hedge the exchange rate exposure ultimately depends on Walt Disney (WD) manager’s attitude about risk and philosophy concerning the proper role of the treasury functions in the overall management of the firm. Arguments can be made for both sides of this issue. On one […]