Sunday, April 28, 2019
Entrepreneur Interview and Personal Analysis Essay
Entrepreneur Interview and Personal Analysis - Essay ExampleHe asseverate that his job as a waiter was well paid, yet he took the bold step of fulfilling his proneness to venture in to the dividing line. Ardichvili et al. (2003) look ons that if there were no self confident entrepreneurs to venture in to new backupes, then(prenominal) there would be no traffic at all. Pro-active and Self Motivated Being pro-active and self move was among the remarkable traits that contributed to the success of the entrepreneur in business. Being decisive than other people made it affirmable to make a choice regarding the suitability of the site for a business. Such entrepreneurs act quickly to buck advantage of an emerging opportunity before anyone else (Burns, 2011). Laggards usually wait for others to establish businesses so that they can observe their success or failure to make a decision. The interviewee demonstrated determination to succeed in business despite the challenges it posed to personal life such as lack of time to think close to marrying. Intrinsically motivated people usually derive satisfaction from what they do (Pink 2009). Intrinsic motivation was the significant driver to accomplish entrepreneurial goals making the entrepreneur happy and contented regardless of these challenges. He was rigid to work more hours than he did at that particular time. Learning through Actions Learning in this coronation has been as a result of actions whereby the outcome of the activities engaged in is the source of essential in cookation for great investments. For example, the interviewee asserts that he was not sure what to expect in the business. Nevertheless, the idea of operating in a unmatched manner was expected to augment efforts of attracting customers especially due to the fact that there were no similar shops pass a variety of services as the interviewees shop. According to Littunen (2000) creativity is significant in trade since it helps in generati ng the right market mix to serve the desires of a wide range of customer demands. This business not only offers food and drinks but also a variety of other goods and services such as entertainment through music and live coverage of significant sporting events that attract customers. wordy and Flair According to Burns (2011), In order to succeed, entrepreneurs need to have a clear romance of what they want to achieve (p 41). The interviewee demonstrated that he was visionary and flair through his efforts of promoting a sh atomic number 18d object glass among his employees and rallying them to support him in his efforts. They contributed ideas that influenced strategic decisions that enhanced the success of business. The employees were motivated to be part of the business and portrayed dedication to their work. His charismatic leadership was significant in encourage people to work as a team. Charismatic leadership is significant in attracting followers. The leader has a characteri stic allure and elegance, which are admired by subordinates. The Charismatic leader possesses self-belief and gathers followers through dint of personality and charm, rather than any form of extrinsic motivation or use of authority (Sosik, 2000). As Greenleaf & Spears (2002) observe, charismatic leaders are encouraging to their subordinates and try to pay attention to all their needs as well as making apiece person to feel important through appreciation of his/her contribution. Timing in the establishment of the business is a significant factor that led to its success. It was
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