University of the People
S104540
BUS 3303
Written Assignment Unit 3
Based upon the readings for this week, which of the skills, traits or characteristics of entrepreneurs do you think would be the most important to have? Research a successful entrepreneur. Describe the entrepreneur’s type of innovation or business, what characteristics or traits they have, how they got started, and what they did in order to become and remain successful. This assignment should be at least 500 words in length.
Building a business that will survive and thrive requires true entrepreneurial skills. Although technology makes starting a business easy, it does not mean it will be successful. Without key leadership traits, a business will struggle even …show more content…
This may include investors, possible extra hands and a focus group or trial customers.
2. Think About Systems
An organizational system is the first system to consider. This will decide the culture of your organization. This includes management teams, investors, shareholders, stakeholders etc. Anything including people would fall into this structural category. Ask what you would like to get out of your human aspect of the business. Who will have what decision making abilities? As the business grows, It will be very important to have this in place as ideally you will not have time to manage every aspect.
A business system is the next system to consider. This will assist the organizational systems in getting work done. A business system will detail all the steps it takes to go from the idea creation to delivery and what actions those steps take within your company. Your business systems should be clear and documented with all methods and procedural steps. These systems aid in the smooth operation of your business.
3. Be …show more content…
His creative innovation is responsible for the Apple products: Mac, iPhones, iPads, iPods etc. His characteristics and traits were definitely driven. He was not a “people-person”. He had a vision from a young age on to reinvent the computer. He was constantly coming up with ideas to change and make it better. His determination and persistency created a culture that make others take him seriously. He never stopped or gave up when he was shot down. He started his business in a garage building piece by piece. He became one of the most successful men we know in
S104540
BUS 3303
Written Assignment Unit 3
Based upon the readings for this week, which of the skills, traits or characteristics of entrepreneurs do you think would be the most important to have? Research a successful entrepreneur. Describe the entrepreneur’s type of innovation or business, what characteristics or traits they have, how they got started, and what they did in order to become and remain successful. This assignment should be at least 500 words in length.
Building a business that will survive and thrive requires true entrepreneurial skills. Although technology makes starting a business easy, it does not mean it will be successful. Without key leadership traits, a business will struggle even …show more content…
This may include investors, possible extra hands and a focus group or trial customers.
2. Think About Systems
An organizational system is the first system to consider. This will decide the culture of your organization. This includes management teams, investors, shareholders, stakeholders etc. Anything including people would fall into this structural category. Ask what you would like to get out of your human aspect of the business. Who will have what decision making abilities? As the business grows, It will be very important to have this in place as ideally you will not have time to manage every aspect.
A business system is the next system to consider. This will assist the organizational systems in getting work done. A business system will detail all the steps it takes to go from the idea creation to delivery and what actions those steps take within your company. Your business systems should be clear and documented with all methods and procedural steps. These systems aid in the smooth operation of your business.
3. Be …show more content…
His creative innovation is responsible for the Apple products: Mac, iPhones, iPads, iPods etc. His characteristics and traits were definitely driven. He was not a “people-person”. He had a vision from a young age on to reinvent the computer. He was constantly coming up with ideas to change and make it better. His determination and persistency created a culture that make others take him seriously. He never stopped or gave up when he was shot down. He started his business in a garage building piece by piece. He became one of the most successful men we know in