In one study entrepreneurs exhibited higher ethical

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview:   Crea?ve •  Self- confident •  Decisive •  Self- starter •  Energe?c •  Tenacious •  Has a strong work ethic •  Tolerant of ambiguity •  Lengthy a[en?on span •  Visionary 3 8/28/13 Common Myths About Entrepreneurs Background of Entrepreneurs •  Myth 1: Entrepreneurs are ‘born’, not made •  Myth 2: Entrepreneurs Are Gamblers •  Myth 3: Entrepreneurs Are Mo?vated Primarily by Money •  Myth 4: Entrepreneurs Should Be Young and Energe?c •  Myth 5: Entrepreneurs love the spotlight •  Educa?on •  Personal Values •  Age •  Background/Work •  Childhood/Family/Role Models - - Kauffman Founda?on Background: Educa?on 22 Background: Personal Values •  Research indicates that educa?on is important in the making of an entrepreneur. Why? –  Role it plays in helping entrepreneurs cope with the problems they confront •  Entrepreneurial ways differ significantly from the ways of the bureaucra?c organiza?on –How? –  Adaptability –  Opportunism –  Risk taking –  Individuality •  e.g., Marke?ng, finance, strategy •  Domain exper?se •  Knowledge of the entrepreneurial process –  Ability to communicate clearly is important –  Role it plays in crea?ng or nurturing a passion •  However, Educa?on correlates more with helping find good opportuni?es and does not necessarily determine whether an entrepreneur will create a new business or not •  Ethics- - Who has stronger Ethics? Managers or Entrepreneurs, Why? 23 Ethics- Managers Versus Entrepreneurs •  Force of C...
View Full Document

{[ snackBarMessage ]}

Ask a homework question - tutors are online