The key personality attributes that prompted Sean Gilligan’s entrepreneurial pursuits
Photo 2012-12-15 07.16.21 PM
The following is an essay written about me by a student at Bradford School of Management, who was tasked with profiling a local entrepreneur as part of his Business course:-
“In order to understand why Sean Gilligan became an entrepreneur, there are 3 key elements that revolve around him. His personality or attributes, his background and experience and his skills, including how he learnt. In this essay, only his personal attributes will be discussed as these have been of great advantage to his career as an entrepreneur.
Entrepreneurship is probably best understood as a process, the constituents of which are the entrepreneur, …show more content…
Risk taking is considered to be the perceived probability of receiving the rewards associated with success of a proposed situation required before embarking on a venture. Most entrepreneurs do not involve family members in their businesses because to them, it can lead to loss of control over business venture. In the aspect of Sean’s business, it is different as family members contribute to the decision making process; this is enough risk as it is. Three levels of risk taking are (low, moderate and high) could affect the decision to start a business venture. It has been shown that entrepreneurs have a propensity for moderate risk. To people, an entrepreneur takes risks; to the entrepreneur he is simply taking the next challenge after carefully evaluating the risk and deciding to do it based on his ability to accommodate …show more content…
Education and early career experiences also play major role. Even recent/present career experience (Sean is the director at British American Business Council for Yorkshire and the Humber). For example, accountants tend to have little tolerance for ambiguity as their education and experiences are based in clear rules. Marketers may have too much tolerance, and often resist moving towards metrics-driven processes. Engineers and chemists as Sean is by profession may surprisingly have the best background for developing this capability, as more complex problems require making assumptions to deal with limited
Photo 2012-12-15 07.16.21 PM
The following is an essay written about me by a student at Bradford School of Management, who was tasked with profiling a local entrepreneur as part of his Business course:-
“In order to understand why Sean Gilligan became an entrepreneur, there are 3 key elements that revolve around him. His personality or attributes, his background and experience and his skills, including how he learnt. In this essay, only his personal attributes will be discussed as these have been of great advantage to his career as an entrepreneur.
Entrepreneurship is probably best understood as a process, the constituents of which are the entrepreneur, …show more content…
Risk taking is considered to be the perceived probability of receiving the rewards associated with success of a proposed situation required before embarking on a venture. Most entrepreneurs do not involve family members in their businesses because to them, it can lead to loss of control over business venture. In the aspect of Sean’s business, it is different as family members contribute to the decision making process; this is enough risk as it is. Three levels of risk taking are (low, moderate and high) could affect the decision to start a business venture. It has been shown that entrepreneurs have a propensity for moderate risk. To people, an entrepreneur takes risks; to the entrepreneur he is simply taking the next challenge after carefully evaluating the risk and deciding to do it based on his ability to accommodate …show more content…
Education and early career experiences also play major role. Even recent/present career experience (Sean is the director at British American Business Council for Yorkshire and the Humber). For example, accountants tend to have little tolerance for ambiguity as their education and experiences are based in clear rules. Marketers may have too much tolerance, and often resist moving towards metrics-driven processes. Engineers and chemists as Sean is by profession may surprisingly have the best background for developing this capability, as more complex problems require making assumptions to deal with limited