Essay about What Are the Qualities of a Good Entrepreneur?

1742 Words Apr 1st, 2013 7 Pages
What are the qualities of a good entrepreneur?
It is known that, in the context of the creation for profit-enterprises, entrepreneur is often synonymous with founders. An entrepreneur will face many obstacles, challenges and difficulties in business operation. To be successful, a good entrepreneur will need have some extraordinary abilities. So what is an entrepreneur? The entrepreneur, with his dream and will to found a private kingdom, to conquer adversity, to achieve success for its own sake, and to experience the job of creation, is a heroic figure in economic development. ( Nafziger, Wayne, 1986) A broader definition by say "The entrepreneur shifts economic resources out of lower and into higher productivity and greater yield." ( J.
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Buffett's wealth increased sharply. In 2008, after 14 years, he beat Bill Gates and once again become the world's richest man. (Morgan Housel ,2010)

Thirdly, a successful entrepreneur must have spirit of creativity. (Sun Birley and Ian C. MacMillan, 1995) Creativity means to break with traditional habits and break the mindset to create an unprecedented new product. Creativity is the life of a company. Only creativity can enable companies to compete in an active position. An example is Apple’s CEO Steve Jobs who claimed that he wants to make a difference to the world. Apple's core is to encourage innovation and risk-taking values. Apple wants to use their own innovation to change the world, and he did. Macbook’s generate subverts the traditional concept of computer design. Apple’s selling points are novel-designed, stylish, fully functional and easy to carry. Just a few years, Mac book like a cyclone, it swept half of the United States, and has almost become synonymous with personal computers. Anther example, in 1979, the Walkman of Sony’s company was produced with an idea of changing the lifestyle of a generation .Unlike other cassettes, walkman allowed people to listen to music anywhere through personal headphones. It brings lots of benefit to the company. Firstly, to be creative in a new product can increase market competitiveness and enhance the market share. Then, it can improve the company’s

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