E Entrepreneur Vs Entrepreneur
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Transcript of E Entrepreneur Vs Entrepreneur
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E-entrepreneurs Vs entrepreneurs
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Outline
Who is an entrepreneur Who is not an e-entrepreneur ? Characteristics of an entrepreneur Entrepreneur – Action Plan E-entrepreneur E-bay and Google Conclusion
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Who is an entrepreneur?
The term "entrepreneur" has often been applied to the founder of a new business, or a person "who started a new business where there was none before" (Gartner 1985).
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Who is not an entrepreneur?
In this view, anyone who inherits (Henry Ford II), or buys an existing enterprise (George Steinbrenner's purchase of the Yankees), or manages a turnaround as an employee (Lee Iacocca) is by definition not an entrepreneur.
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Characteristics of an entrepreneur
Thinking ‘outside the box’ Belief in control of one’s destiny Creativity, Determination, Flexibility Goal orientation, hard work Initiative , leadership Appetite for taking risks
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Entrepreneur – Action plan
Marketing Finance Ethics Putting it together Business plan
presentations
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E-entrepreneur
An e-entrepreneur is defined as an individual willing to take the risk of investing time and money in an electronic business that has the potential to make a profit or incur a loss.
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Entrepreneur – Anita Roddick
Anita the founder of The Body Shop and the world’s most successful women entrepreneurs equates entrepreneurship to obsession and something that cannot be taught in classrooms.
According to Anita , entrepreneurs are loners, vagabonds and trouble makers.
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E-bay and Google
A classic example of entrepreneurship and innovation in the business world.
Google not only an entrepreneurial company but also a pioneer of innovation
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Entrepreneur video
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Conclusion
An e-entrepreneur is an entrepreneur per se; be it e-business or traditional business an entrepreneur always travels the extra mile and sees the connections which the non-entrepreneur fails to do.
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Further Reading
1.Journal article by J. Barton Cunningham, Joe Lischeron; Journal of Small Business Management, Vol. 29, 1991
http://studies.hec.fr/object/SEC/file/A/XXAPRRLANFLBWJGFAMAAGFBKLECLNVGM/BITWorld02.pdf
http://books.google.co.uk/books?hl=en&lr=&id=aNtbVVYngucC&oi=fnd&pg=PR6&dq=entrepreneur+and+eentrepreneur&ots=XvAinsgMFg&sig=l3qkm7h3YeyF31lIbm0uhhqaxfU#PPA8,M1
Simon Bridge, Understanding Enterprise, Entrepreneurship and small business, second edition, 2003
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Questions
Q&A