Top Earners in The World Are Entrepreneurs Essay

Jack Ma is the most successful Chinese Internet entrepreneur. He is the founder of the Alibaba Group that has lots of subsidiary corporations and it is a successful group with a wide range of business scopes such Alibaba.com, Taobao.com, Tmall.com, Alipay.com, Juhasuan.com, AliExpress and etc. Ma is a leader who has an entrepreneurship. According to Shane (2003), entrepreneurship is an activity that involves exploring, estimate and discovery of opportunities to build a new organization with new ideas, services and productions through business efforts that are not exist previously. The proud achievements of Alibaba are due to Alibaba’s employees’ efforts and the charming leading of Ma. Ma is the charismatic and transformational leader. Numerous media researchers identified that the Alibaba’s success is due to the Ma’s leading ability and they

An Entrepreneur is a person who forms and operates a business. Entrepreneurs form and start companies by themselves, or with partners. Most of the time companies which are started by entrepreneurs are relatively small in size, but some grow into huge corporations, such as Microsoft which is owned by Bill Gates. Entrepreneurs have four different options when starting a business, which include a sole proprietorship, Partnership, limited liability company, and also a corporation. Each form has its advantages and also disadvantages depending on what the type of business is, and also what service it provides.

Well to me it depends on the mind-set of an individual, his/her innate abilities and capabilities. I myself broadly classify entrepreneurs into two types, The Inventors (those who with their discrete and genius intellect pioneer goods and services that never existed) and the Innovators (take existing idea and innovate it with their brilliance). It is the category that defines the set of skills, traits and characteristics suited to that entrepreneur. For example the first type of entrepreneurs i.e. Inventors are revolutionary blended with growth orientation. They want to revolutionize the market or industry and grow at some rate so that their product becomes a necessity e.g. Thomas Edison, While on the other hand

Entrepreneurs are risk takers in the market. They are willing to gamble their hard work for a business that may fail or succeed. Many fail to keep their business alive, however; others are lucky to compete and survive in the market. Entrepreneurs like Maribel Galsim, owner of Maribel’s Daycare, were successful in their business. Maribel’s Daycare was successful because of hard work, patience, and being adaptable.

Today we will look at an important entrepreneur which I would consider a legend. First we will define what an entrepreneur is. We will look at who I choose as the person to research and why. We will also see what economic decision she made that was significant to her success with a detailed example. There are several areas to look into also, such as examples of her managerial economics, her social responsibility and her ethics.

This article talks about how it can be difficult to be an entrepreneur but it’s worth it. An entrepreneur is when one lives off their own business. Eades talks about how by starting your own business you can make a positive impact no matter the risk that exists of failing. The author mentions a few people that are well known that became very successful; for example, Steve Jobs and Bill Gates. Following their footsteps is very extreme; it can be a goal but it is something

Lifestyle Entrepreneur is another type of successful people, and Richard Branson represents another British entrepreneur who founded more than 400 companies. He started managing those companies from a small record shop. As time went, those companies grew tremendously into an international company including interests in entertainment, media, and transport. As a flamboyant character, Richard Branson has engaged himself in grueling adventure challenges since he always considers himself successful. For example, he has sailed to many parts of the world and taken part in round the world hot air balloon tours. The successful people like Richard Branson who really accomplished some achievements enjoy what they gained in their work area.

Are entrepreneurs born or made? The CEO, Tony Hsieh, had become an entrepreneur at a young age. With starting at a young age in selling earthworms and now becoming successful CEO of Zappos is a great success story still in the making. When watching a YouTube video on how the atmosphere of Zappos keeps its employees motivated to keep working diligently. Everyday at the Zappos estate is an ecstatic event happening according to merchandising assistant, Amanda Wadsworth. “We joke that the environment here at Zappos is happier than Disney”. “It’s this huge family” said by Augusta Scott who is a life coach at Zappos insights Inc. The Zappos family is always having parades, contests, themed events, ice cream, live animals, etc.; the list goes

Successful entrepreneurs as being those who have recognised that failure is a fundamental part of

Serial entrepreneurs often start multiple businesses during their careers. These people are entrepreneurs who work in varied areas of the business world. The reasons behind joining this small group vary as widely as their professions. While looking at these individuals key traits happen to become evident.

Most successful entrepreneurs exhibit certain characteristics. Some entrepreneurs are open-minded, able to learn quickly, and skilled at conceptualizing.

An entrepreneur is “a person who organizes and manages a business with considerable initiative and risk”. In other definitions an entrepreneur “identifies an opportunity or a gap in a market and evaluates the risk related to the establishment of the business and is prepared to take the associated risk to start the business in the quest for making profit; and has the ability to obtain the resources to establish and grow a business”. Entrepreneurship exceedingly relies on entrepreneurs to start-up, develop and produce companies across the use of their

Entrepreneurship is one of the hardest investments to make because it requires more than just money. Consequently, it is also an ownership investment with extremely large potential returns. By creating a product or service and selling it to people who want it, entrepreneurs can make huge personal fortunes. Bill Gates, founder of Microsoft and one of the world's richest men, is a prime example.

Entrepreneurs with business companies (e.g. Lil Wayne, Jay-Z, Steve Jobs, Percy Master P Miller, Sean P. Diddy Combs, Earvin Magic Johnson, Michael Jordan and Oprah Winfrey) are common because each of them has their own products. In addition, the Public Relation strategies they used for exposure are similar. Such strategies include using campaigns, promotion videos, and commercial ads in particular. Each product that is produced has to be sold. These entrepreneurs have a relationship with the expectancy value theory because they all expect to succeed with what they brought to the world.

There exist four main approaches about what entrepreneurs distinguishes from managers: (1) creation of new organizations, (2) high-growth, high-wealth-creating businesses, (3) innovations and creation of new products and markets, and (4) recognition and pursuit of profitable opportunities. The underlying assumption is that wealth creation is a