Entrepreneurship Essay Example | Topics and Well Written Essays - 1500 words - 4

Entrepreneurship - Essay Example crowd Caan and Steve Jobs are some of the wholesome known entrepreneurs of the world. This paper is about interviewing a real business proprietor (whom I thought to be an entrepreneur) and identifying his/her good and bad business practices. The paper will suggest whether the chosen individual is a true entrepreneur or just a business owner who is non in fact very entrepreneurial. In this paper, Mr. Vasyl Fenin, a medium business owner from Ukraine is interviewed to obtain a clear view of various factors relating to entrepreneurship. Analysis Fenin is operating a medium-sized medical business in different cities of Ukraine. A rediff business article (n.d.) says that the major factors motivating an entrepreneur to start a new guess include desire for autonomy, aspiration for creating something new, achievement of financial independence, and accomplishment of personal goals. It is observed that Fenin had not been incite by any of these factors bef ore he started his business, for he says, I just gave it a try. once he realized that this business is a good source of income, he planned to expand his operations. Hence, Fenins act does not represent the entrepreneurial characteristics identified by some scholars. According to some, entrepreneurs will do high level of determination and commitment and they will be action oriented as well as result oriented (Kumar et al 2008, p.2). In other words, an entrepreneur should have clear objectives. From the responses documented, it is taken for granted(predicate) that Fenin