An Introduction to Entrepreneurship Coursework Example | Topics and Well Written Essays - 1500 words

An Introduction to Entrepreneurship - Coursework ExampleUnderstanding the discordent aspects which argon a part of the entrepreneurial behaviors and expectations defines the associations and roles that reach to business with the individual. Skills, Abilities and Behaviors The generalized concept of being an entrepreneur is based on working independently while moving into business endeavors. However, the business ventures which are created differ from other forms of business. The first difference is noted with an enterprise, which is created through a board of directors or sector of leaders with a hierarchical expectation that is established. While this peculiar(a) venture may have been established by an entrepreneur, it is expected that the team collaboration and hierarchy separates the individual behaviors from the group modifications which take place. The intrapreneur is another form of leadership which many attribute to the same concept. While there are several similar skills in terms of leadership, this differs because the position is usually based on management as opposed to starting a new venture without the use of a corporation or other entity. The entrepreneur is then defined as one which differs because of the independent nature and the characteristics of leadership used for innovation and creativity outside of other types of business ventures (Ucbasaran, Westhead, Wright, 2009 p. 99). The main difference in character with entrepreneurs is what leads to the various skills, abilities and behaviors among these business leaders. There are five known personal characteristics which create a difference between entrepreneurs and other types of leaders. This includes being open to experience, being informed and aware of surroundings, being flexible, being agreeable and carrying a vision based on these determinants. The concept that is associated with these skills is reflective of the psychological expectations that lead to leadership skills, innovation and the business leader to create and portray different ideologies in relation to the surrounding environment (Zhao, Seibert, 2006 p. 259). These psychological behaviors then lead to expectations of skills and abilities. Creativity, capability to find opportunities and performing several tasks are some of the skills expected. Entrepreneurs are known for switching skills easily while a business grows while moving in between positions and working with initiatives while creating the indispensable ventures (Silva, 2007 p. 118). Creative Thinking The ability to work with leadership skills, behaviors that initiate new ventures and skills that are able to move between various positions then leads to the concepts of creative opinion which are developed by entrepreneurs. The structure that is developed with entrepreneurs is based on the intention of an individual first. This is what initiates the endeavor and allows the entrepreneur to grow, either in response to the environment or becau se of a vision that is related to the entrepreneur. This is combined with creative thinking to lead to the initiative of the new head and to find ways to construct the idea into a reality. The creative thinking is furthered by evaluating the business idea to define the probability of success as well as looking into solutions that will dish up to launch the business into a successful endeavor. The personality of the