Entrepreneurship Essay Example | Topics and Well Written Essays - 1750 words - 5

Entrepreneurship - Essay Example In addition, an entrepreneur is primarily responsible for successful development as well as failure of any business. The field wherein the people conduct activities relating to entrepreneurship based operations is known as entrepreneurship ecosystem (Sharma & Chrisman, 1999). In relation to the above context, the intent of the essay is to describe about the notion of entrepreneurship with utmost focus on various significant aspects. These aspects generally entail entrepreneurial attitudinal behaviours, skill development and values among others. An entrepreneur is regarded as the main or key organiser of a company. It is strongly believed that without the help as well as the total involvement of an entrepreneur, the businesses could not be able to attain their respective targets. It is worth mentioning that an entrepreneur should possess several traits of a mogul in his or her behaviour. More specifically, it can be elaborated that an entrepreneur should remain confident while performing any activity. The presence of confidence within the nature of an entrepreneur is a behavioural trait of a successful businessman. Moreover, it is also reckoned as a hallmark for the entrepreneurs (Action COACH Business Coaching, 2014). Apart from the above stated attributes, an entrepreneur must bear positive attitudes during the entire tenure of the business process. These positive attitudes will certainly increase or improve in building the key skills of an entrepreneur. In terms of behaviour, attitude as well as skill development, an ent repreneur should have the focus over capturing the need for achievements, open-mindedness, vagueness, locus of control as well as risk taking tendency. An entrepreneur should have the flexibility in its behaviour, so it can address the changes made in external as well as internal business factors. More