Complete 8 pages APA formatted article: Approaches to explain Entrepreneurship.

Complete 8 pages APA formatted article: Approaches to explain Entrepreneurship. There are several approaches using which one can analyze the personality of an entrepreneur. In this paper, we will discuss some key approaches, which can help us explain an entrepreneur. 2. Environmental Background of An Entrepreneur Environmental background of an entrepreneur is very important to consider when assessing different approaches to explain entrepreneurship. Environmental background includes several elements, which play critical roles in the development of an entrepreneur. Some of those elements include family, education, role model, experience, and government support. Let us analyze these elements in some detail. 2.1 Family Family plays a vital role in the development of an entrepreneur. Professions and businesses of the family members of a person have a lot of influence on his/her professional mindset. According to Bruin and Dupuis (2003, p. 93), family business has a deep association with the concept of entrepreneurship. In some families, if the father of a person is involved in the business of construction, son will also try to step into that business by opening a firm or an independent construction company. Similarly, businesses of relatives also influence the mindset of an entrepreneur. 2.2 Education Education also plays a critical role in shaping professional approach of a person. Education makes a person aware of the legalities of different businesses, which help him/her become an entrepreneur at some stage of life. Education not only creates awareness among the entrepreneurs but also ensures economic development. Bruin and Dupuis (2003, p. 178) state, “Raising overall education and skill levels of indigenous peoples is undoubtedly crucial to indigenous economic development”. 2.3 Role Model Another element, which plays a role in shaping the mindset of an entrepreneur, is role model. As discussed earlier, a person is likely to step into the business of his/her ancestors. The reason is that success of parents or other relatives in any specific business positively influences the professional thoughts of an entrepreneur, which results in making that person an entrepreneur at some stage of life. Similarly, some successful businesspersons also become the role models for some people and they try to test their luck in the businesses of those people. 2.4 Experience Professional work experience is also an important element in the life of an entrepreneur. According to Bruin and Dupuis (2003, p. 69), entrepreneurs having little or no prior experience are less likely to succeed in their ambitions. A person is likely to start his/her own business after getting some experience in the related field. For example, a person doing job in a fresh food store or in a construction company may open his/her own company at some point in life after getting some practical experience and knowledge of all issues related to the business. 3. Entrepreneurs are Born or Made According to Shefsky (1994, p. 2), entrepreneurs are made, they are not born. Various factors play their roles in shaping an entrepreneur. Every entrepreneur is a normal person like every other person. The difference is just of their approaches to professional life. A normal person is generally less enthusiastic and innovative. He/she does not think of starting an independent business. On the other hand, an entrepreneur has some determination to do something new in life.

Show more

Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 10% with the coupon code: best10