Traits And Characteristics Of Entrepreneurship

1834 Words 7 Pages
Learning Journal
1. Based upon the information provided in class on the traits and characteristics of entrepreneurs, evaluate whether you fit the stereotype. Explain.
Based upon the material we have covered in class on different types of entrepreneurs. I would consider myself as a Habitual entrepreneur, because I would like to start one business. The reason is, I think if I started on I could focus more on one thing. Also I wouldn’t want to sell something I worked on so hard to start. Plus if it was something I enjoyed I would probably do it for the rest of my life.
2. Reflect on the family, educational background, entrepreneurial personality, and career patterns of Cornelius Vanderbilt. Analyze the important tactics used to achieve success.
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One quote “Vanderbilt’s competitive abilities were so feared that rivals actually paid him to leave the Hudson River and let them get on with their businesses” (History Channel). I think this helped fuel his ego and urge to take his empire as far as he could. His career patterns as selling everything and investing into the railroad was what built America. My impressions of him was that who knew he had a desire and he followed them made a ton of money. I think that if it wasn’t for the commodore America wouldn’t be what it is today.
3. Reflect on the family, educational background, entrepreneurial personality, and career patterns of John D. Rockefeller. Analyze the important tactics used to achieve success. Why were these strategies successful? What are your impressions? What do you
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Discuss the competition between Carnegie and Rockefeller in late life. Who won?
I feel that Rockefeller won the competition just in sense of what he was still able to do in his later life. Even though his business was split up, he was still able to use it to his advantage. If we think of terms of just finally being able to take a step back and just relax I feel that Carnegie won there because he sold off his business. He probably was finally able to look at his life and focus on things that make him happy.
13. Reflect on your experience watching The Men Who Built America. What have you learned? Have you learned anything about history? Have you learned anything about entrepreneurship? Share with me your thoughts.
My experience of watching the movie The Men Who Built America, was very pleasant. I really enjoyed the movie, I felt like it was a great tool to learn from. We should all know about the history of America and who the men were that built it. I learned about entrepreneurship from them in terms of you cannot give up, and always have a strong will. If these men could do the things they have done with the limited education and funding than I feel like anything is

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