Entrepreneurship degree programs aim to help those who want to start their own business. Students learn how to plan, market, and manage a company.
An entrepreneurship essay might focus on analyzing successful business cases. Another option is to discuss the essential issues in entrepreneurship with examples of how to solve them. Additionally, one can write about the reasons behind the failure of a business.
Find below a resourceful compilation of entrepreneurship essay samples. These works written by A+ students will help you get creative with your paper.
Developments in technology have revolutionized the conduct of business activities. Information and communication technology (ICT) has led to the advancement of systems that allow buyers and organizations to effectively business transactions. Moreover, financial technology (FinTech) has made it easier for buyers to pay for the products purchased over online platforms....
Introduction An entrepreneurial business leader is one who organizes and motivates a group of individuals to accomplish a particular objective through innovation, capitalizing on opportunities, risk optimization, and managing the dynamic organization environment. Innovation culture refers to the work surroundings that a leader cultivates in order to nurture unconventional thinking...
I would recommend anyone who wishes to invest in entrepreneurship to read the book: The Art of the Start by Guy Kawasaki since it is very intuitive. Most entrepreneurs are often faced with many challenges to the degree that they are demoralized even to try any kind of business. The...
Introduction Many industrialized nations like the United States, Germany, France, United Kingdom and many others have a large percentage of their GDP, tax revenues, and labor from family-owned businesses. Perhaps this explains why recent decades have seen a growing body of research on the family business and social capital field....
Introduction Business activities may include different perspectives, objectives, and ways to manage available resources to carry out relevant plans and achieve desired outcomes. Companies can operate in different ways and implement distinctive strategic practices designed to realize their intended objectives. At the same time, while speaking of similarity in a...
Introduction There is a widespread belief that entrepreneurial education has many positive effects on a person’s life. Formally, this type of training is a series of courses designed to prepare students for doing business in a competitive environment. What is important is that the highly capitalistic modern society in practice...
It is hard to disagree that there is a number of factors that have an impact on the development of global and local economies. For instance, two such aspects are entrepreneurship and innovation, and it is possible to consider them the primary moving forces of employment and poverty reduction. While...
Enterprise Resource Planning (ERP) software products have become increasingly popular among businesses. According to ERP Market Statistics, 50% of companies plan to acquire or update ERP systems, and the total ERP market size is expected to exceed $49.5 billion by 2025 (Biel, 2021). In this regard, it is important to...
Introduction Entrepreneurs are often considered national assets cultivated, motivated, and rewarded to the greatest extent possible. Entrepreneurs can change the way people live and work. If successful, their innovations can improve the population’s standard of living. In addition to creating wealth from their entrepreneurial ventures, they also create jobs and...
Introduction Choosing a company’s organizational structure is unquestionably critical for any entrepreneur. The format of an establishment has a direct impact on the daily operations of the enterprise. If a firm’s legal arrangement changes, so do the amount and type of taxes it owes to the government. Complying with taxation...
There are very few people in the US, and perhaps even the world, who have not heard of Magic Johnson. The NBA legend who left basketball to fight HIV in the 90s is still a vocal social advocate today. Furthermore, he is the Chairman and CEO of Magic Johnson Enterprises,...
The example business is a bakery, which operates in the flour-based food industry. It is important to note that economies of scale are achieved through the growth of a business in terms of its operations, size, and output. It is achieved primarily through mass manufacturing, which leads to efficiency and...
Introduction Since 1983, Pietra Rivoli has been a Finance and Business Professor for the McDonaugh School of Business at Georgetown University. Her only book, The Travels of a Global Economy T-shirt, has been a bestseller and the winner of just a few business prizes in 2005. It was also modified...
The chief advantage of APN entrepreneurs is their independence, as they are able to operate without supervision or interference by upper management. As a result, they can make decisions that would not necessarily be approved in a larger organization. Opening up a practice in a rural location may be seen...
Although the term âglass ceilingâ implies an invisible barrier, a small portion of people have managed to break through the glass ceiling and achieve great success. These people are perceived as outstanding personalities and present great value for society by acting as role models. To put it simply, only the...
The Business Model That Will Be Used for the Venture The business model that I will be using for my digital art venture is the Business Model Canvas (BMC). It was proposed by Osterwalder based on the extensive academic literature on business models (Greenwald, 2012). It comprises nine elements: customer...
When an individual is living, they have to consider the social and economic factors, such as employment and earnings. One needs to know how income is determinant in doing most of the basic things in daily life. Income can be in form of salary or any other form of remuneration...
Introduction People around the globe are fulfilling their dreams of becoming business owners. With the help of the internet, entrepreneurship continues to thrive at a staggering pace and creates myriads of opportunities that are being seized around the world (Spinelli & Adams, 2016). Entrepreneurship is central to the establishment and...
Richard Branson is a prominent entrepreneur who started with the school newspaper, moved to the record business, and ended up as the creator and CEO of Virgin Airplanes company, which is still number one on the US market (âRichard Branson,â 2021). When Richard Branson started his first business venture, the...
One of the most essential steps before starting a new business is to choose an entity type, and most entrepreneurs prefer either a limited liability company (LLC) or a corporation. Both of these forms of business entities may offer a number of significant benefits to organizations and also have specific...
There are few main tools that entrepreneurs utilize in measuring, monitoring, and evaluating their business success. These are scheduling, controlling the quality and costs, communicating with the shareholders, estimating their satisfaction level, and analyzing the project’s profitability. The organizing skills vary from the level of expertise of entrepreneurs. For example,...
Childhood Bill Gates, the globally renowned entrepreneur and creator of Microsoft Corporation, is a distinguished professional and business genius of his day. He and his team managed to transform the technology industry and implement those digital developments that have remained relevant to this day. Mr. Gates (full name William H....
Executive Summary Global entrepreneurship is a major sector in the world of business and economics. Entrepreneurship provides new markets, jobs, and new product and services to different societies. Entrepreneur go beyond geographical boundaries to pursue their strategies/plans like investing. The international business sector has however faced some issues that hinder...
Entrepreneurship is the foundation of capitalism, and is generally known as the process of creating a business to bring a product or service to the market, managing, assuming risk, but also bearing the financial rewards. While business owners can be considered as entrepreneurs, the concept has various meanings attached to...
Developing others: Analysis and Advice Technological advancement has facilitated innovation and transformed business operations globally. Entrepreneurship has become one of the major trends leading global economies (Devece et al., 2016). In the current economic situation, many people, especially graduates, are venturing into the entrepreneurship sector, starting as small and medium...
Introduction As a proxy of business transformation, an entrepreneur organizes, supervises, and undertakes the risks of an enterprise. Therefore, entrepreneurship is the procedure for finding new techniques for homogenizing resources. A profit is realized when the market value created by this new coalescence of capital is higher than the one...
Introduction With social media over the last decade, everybody can constantly access what is happening worldwide. Every day on the Internet, countless stories highlight entrepreneurs who are at the height of innovation with their unique ideas and inventions. Some tales are viral, and one can be astounded at the creative...
Introduction Entrepreneurship refers to the activities involved in setting up a business or business that require financial risk-taking to gain profit. It entails creativity in building from scratch by utilizing the opportunities presented with zeal regardless of the limitations (Coad & Storey 2021). The person involved in these entrepreneurship initiatives...
Project Summary Background Globally, the COVID-19 pandemic is causing large-scale loss of life and severe human suffering characterized by financial incapacitation and loss of livelihood. Not surprisingly, this is the largest public health crisis in living memory, with its impacts extending beyond the confines of the healthcare sector (Government of...
The Current State of the Economy The current state of the U.S. economy is favorable and promising. According to the Bureau of Economic Analysis (2021), âreal gross domestic product (GDP) increased at an annual rate of 6.4 percent in the first quarter of 2021â (para. 1). Such an increase can...
Executive Summary Fun Boutique Hotel is a 30-room accommodation space that will also incorporate food and beverage options to improve the companyâs profits. Indeed, there are numerous hotels in Paris, which is the region where Fun Boutique Hotel will be established. However, there are numerous gaps, which have been identified...
Running and growing a business can be challenging for any entrepreneur. Developing a competitive advantage, customer loyalty, and superior customer service can be the lifeline of any business enterprise. Therefore, an entrepreneur must research the target market, competition, and innovative ideas regularly while running the business (Cusumano et al., 2019)....
Strengths of HP’s Treatment of Corporate Entrepreneurship HP’s treatment of Corporate Entrepreneurship exhibits several strengths. Like Apple, HP is organized for continuous innovation, a strategy that contributes to its goal of developing new advance product categories (Podolny & Hansen, 2020). HP has a dedicated group in The Innovation Program Office...
A sole proprietorship is the easiest and most common business structure in the United States. Because sole proprietorships are unincorporated and run by individuals or their families, there is no distinction between the entity and its founder (Dungan, 2017). Its formation does not require significant formal action other than obtaining...
Germany is a country with a developed economy, which is included in the list of countries with the highest standard of living in the world. German law does not provide for restrictions on the registration of commercial legal entities by foreigners in Germany. Thus, any individual can act as a...
Introduction A business organization is an institution created to undertake commercial activities. Generally, there are various types of enterprises, including sole proprietorships, limited liability companies, corporations, and partnerships. These entities have distinct salient features, such as ownership structures, legal and financial requirements, financial composition, and separate existence from the owners....
Indra Krishnamurthy Nooyi is one of the top female business leaders in the world that I admire. It should be known that Nooyi is the Chairman and CEO of PepsiCo. She became the CEO of PepsiCo in 2006 after Steven Reinemund. All along, she has performed exemplarily and that is...
Abstract A successful entrepreneur should possess specific characteristics to build a profitable business. For example, one needs to be emotionally resilient, agreeable, adaptable to external changes, and open to opportunities to start and maintain a company. Furthermore, leadership skills, global thinking, the ability to work in teams, adequate comprehension of...
Introduction In the last two decades, the world has experienced a rapid change in business and economics, with new start-ups becoming global, multimillion, and multinational corporations within a short time. Indeed, companies like Google, eBay, Facebook, Uber, PayPal, Alibaba, YouTube, Airbnb, Twitter, Amazon, and others are now the dominant brands...
Introduction Today we live in a highly globalized world so it is not uncommon for employees of different nationalities to work together in the same company or interact with people of different nationalities working for other companies. Developing an understanding of cultural differences and successfully using them to find better...
Entrepreneurship has become a new trend in the world, and thousands of people every year decide to start new business ventures. It is possible to state that entrepreneurs will be a driving force of the economy in the next decade. Social responsibility is an indispensable part of modern entrepreneurship since...
Executive Summary Smart Bakery will launch the pizza cupcakes, the first small pizza product in the market so far. The pizza cake has a unique recipe and low calories volumes, making it an outstanding snack among many others in the market. Pizza cupcakes are aimed at solving customers’ desire for...
Article 1 Brin, D. W. (2020) Wedding businesses pivot as they adapt to cancellations. Web. Article 2 Zimmerman, E. (2020) Can a start-up mentality save small businesses? Web. Criteria for Choosing the Articles The choice of the two articles is based on the description of the same theme: the impact...
Introduction This report presents a twelve-month business simulation program using SimVenture. The company was named XYZ, and running it on SimVenture provided insights and awareness on how to manage a firm and boost its growth. It took a flat organizational setting, where it eliminated mid-level managerial functions. Moreover, the process...
An entrepreneur is an individual who is in charge of a new business. It is an innovator that enters the market to solve customers’ problems in the form of a new product or service. Moreover, an entrepreneur is a risk-taker who makes decisions regarding the business and employees. The motivation,...
An entrepreneur, who intends to set up a business, has to overcome many obstacles. One of them is the necessity to provide products that would be distinguishable from the goods offered mainstream companies. They must create distinct value for the customers. Certainly, the company can manufacture goods which are already...
The American Enterprise Institute for Public Policy Research, commonly known as American Enterprise Institute (AEI), is one of the oldest think tanks in America. As an independent non-profit organization, the AEI focuses on researching economics, social welfare, government, and politics. The organizationâs mission is to build a freer and safer...
Introduction Whether beginning a small business from the ground up or purchasing an established company or franchise, an entrepreneur must assess the company’s potential and capabilities to make it successful. This analysis must be thorough, examining the opportunity’s risks and rewards. Financial, product, and human resource analysis are all required...
Introduction Background of the Study Entrepreneurial practices of Small and Medium Enterprises (SMEs) and new ventures are actively discussed as they contribute towards the economic growth in both developed and developing countries. Nowadays, SMEs and new ventures focus on modern marketing tools (Arend 2014; Lahtinen 2013; Lawrence et al. 2006;...
Introduction Entrepreneurs need to monitor the historical and current events recorded in their region in order to know how to establish their businesses successfully. They can apply their competencies to design superior strategies that can make their ventures profitable. However, the established cultural norms and practices in a given community...
Victoriaâs Secret (VS) is an American venture that is mainly focused on designing, manufacturing and marketing the premium lingerie for women, as well as producing womenâs wear, accessories and beauty products. In 2016, net sales of Victoriaâs Secret worldwide amounted to about 7,78 billion dollars (Statista 2017). The number of...
Articles that are published in academic journals are often subjected to a number of reviews by experts in their respective fields. The aim of such peer criticisms is to validate the claims advanced in the articles. A journal publication that has been taken through this process is considered to be...
Small and Medium Enterprises Small and medium enterprises (SMEs) form a considerable portion of a nationâs economy, mainly because of their unique objectives, which involve satisfying the specific needs of people in various industries. While SMEs can be found in every country around the globe, their classifications are dependent on...
Introduction The industry of plastic is new relative to other materials used for packaging and construction. Nevertheless, plastic packaging seems to surround people in every industry, and its benefits are praised worldwide. Plastic as a material was invented in the early twentieth century, but the production of packaging made from...
Introduction Background of the Study Small and Medium Enterprises (SMEs) as modern businesses and new ventures are actively discussed as contributing to the economic growth in both the developed and developing countries because of their focus on the modern marketing tools (Arend 2014; Lahtinen 2013; Lawrence et al. 2006; Sharma...
One of the main problems which new people encounter when starting a business is lack of funds. They mostly depend on their savings to fund the business since they may not get support from external sources. These savings are rarely enough to gather for all the expenses which are needed...
Introduction The aim of this business plan is to provide direction in coming up with a new business and also to assist in obtaining funds for the business. The name of the business is going to be âIntegrated Chinese Oversea Student Services Programâ. This business is going to get involved...
Entrepreneurial characteristics Not all people who open and run businesses can be termed as entrepreneurs. Despite some entrepreneurial skills being attained through learning and experience, the art is more of a call than an acquired skill (Barkham 2009). There are numerous characteristics that distinguish an entrepreneur from other business operators....
Introduction This paper is aimed at carrying out an analysis of the three themes namely: – resources, innovation, and failure of an entrepreneur. This analysis is carried from the existing literature from the book âBurden Charlie, 2010, Sir Alan Sugar the Biography, John Blakeâ. Being an entrepreneur is a challenging...
Introduction Chaebol is a South Korean type of business, which in other words means a conglomerate. In Korea, this term signifies a family business or a monopoly. The Chaebolâs were in existence before 1961 but the main state-corporate association began in the era of President Park Chung Hee between that...
Abstract Entrepreneurship can be defined as the activity of starting a business. Therefore an entrepreneur is a person who began and owns a business. Entrepreneurship is thus considered an economic activity. However, research indicates that there is a direct relationship between culture and entrepreneurship. This is the case as a...
Introduction Many people wish to become entrepreneurs at one time of their live. Running a business or being self employed is viewed at part of individualâs successes. Entrepreneurship has a very important role in the society. A part from giving an entrepreneur a source of income, it create more opportunities...
Executive Summary Looking back at the progress Awuah had made in developing Asheshi University, he realized that his dream had been turned into a reality within a short period. The brand of the university had pervaded across Ghana with every student wishing to get associated with the university. Despite this...
Executive Summary Entrepreneurial organizations are the most vulnerable firms. As starting a new venture is a challenging task, most entrepreneurs face different types of problems. To assess such an organization, Entrepreneurs Alliance (EA) is a type of consortium where different types of entrepreneurial organizations come together for mutual benefits. In...
Executive summary Entrepreneurship has common definitions of the same are viewed from three perspectives among scholars in the business field: the economic perspective, which considers the role of the entrepreneur in the economic development of a specified locality; sociological perspective, which sees the entrepreneur as a member of a social...
Introduction Owning a business makes one to become his own boss, work at home and decide hours to work. However, it is accompanied by numerous responsibilities and commitments so as to ensure its success. For one to be successful in his or her business he or she ought to follow...
Introduction Business plan refers to an official statement that details organizational goals, strategies to be used in achieving these goals as well as some explanations on why the business believes that it will attain these goals (Deboer 1998). The success of any business venture lies behind the ability of the...
Introduction Innovations in business are not often excepted properly because of numerous reasons. However, the innovations in the sphere of accessories and fashion are encouraged by the increased demand for originality and good taste. Hence, in order to define the success if the idea associated with accessories, finery, and clothes,...
Introduction Downsizing is the process of cutting down the number of employees in a firm for a number of reasons. The whole process of downsizing is normally carried out by the management. It is possible that some corporations can decide to seek the advice of consultancy firms that specialize in...
Introduction Huber Butchery and Asian Food is a firm, which operates within the food industry and is family owned. According to Klein, Smyrnios and Poutziouris (2006, p.56), there are various elements which are used in defining a family business. One of these elements includes participation of the family members in...
Introduction In modern day business processes, various concepts have to be integrated into the system and diversified into core business process. This principal is what Theo Paphitis, a Cypriot immigrant insists on in his book âEnter the Dragonâ a 304 pages autobiography about developing business from scratch and turning the...
Cultural industries are today the most thriving businesses offering wide business opportunities that are yet to be exploited. This follows the changing of todayâs societies which have transformed to be multicultural. Taking advantage of these opportunities requires the investors to employ the talents and the skills of the local and...
Jamie Oliver Jamie was born in 1975 and he developed interest in restaurant business at an early age as his parents were renowned entrepreneurs in this field. As he grew up he nurtured his talent as a chef in his fatherâs restaurant and in his teenage years he joined Westminster...
Introduction Medium âSized and Innovative small business enterprise SMEs may only grow and expand if they have appropriate accessibility to risk capital. In the European Commission this is not at all times the case. For easy expansion and growth of SMEs, the European Commission has solved the problem by disclosing...
Introduction Small businesses play a pivotal role in development of any country. In sub-Saharan economies, they play a significant role in mobilization of idle resources thus facilitating economic development. As noted by they contribute heavily in job creation, form a significant proportion of the national income and householdsâ income in Kenya....
Abstract The research study on property rights, formal and informal financing options and their relationship to start-up businesses by Korosteleva and Mickiewicz is an attempt by the authors to find out how factors like property rights protection, financial development and individual characteristics of entrepreneurs determine the entrepreneurial decisions taken during...
Introduction Entrepreneur is a person who starts an enterprise for his own accounts. He should have the skill of managing, organizing and actualizing the dream. An entrepreneur should have the personality traits such as self-confidence, a high level of drive, readiness to learn from experiences, the ability to make the...
Introduction The exact definition for the term entrepreneur is: an individual who wills to start his/her own business while bearing the risk of new factors involved in success to achieve prosperity and profits. This paper is going to highlight the facts about entrepreneurship and will elaborate to answer the questions:...
Introduction Enterprises are very common in the global field of business. Their survival and growth depend greatly on the entrepreneur. An entrepreneur can be one in a business or in a managerial position or in a personal perspective (Hisrich, 2005). He has a behaviour which has him taking initiatives, organizing...
The Criterion Variables The previously-stated study hypotheses are: There is a difference with respect to the products and services that are offered by independent coffee retail shops, and their retail chain coffee shops Customers perceive Independent retail coffee shops differently from the retail chain coffee shops. One may formulate even...
Types of innovations Innovations can be defined as processes through which entrepreneurs are involved in the conversion of opportunities into ideas that are marketable. Creativity is the force behind creation of new ideas that have been referred to as innovation. Depending on the process itself how it occurs, innovations can...
Why Non-Profits Exist The role of Non-Profits is to provide services less attractive to business establishments and state agencies, the main reason being stakeholder groups involved and nature of contracts. There, indeed, exists an extensive difference between stakeholder groups in the three service provider groups. Stakeholder groups in business establishments...
Introduction Small businesses are a critical asset for every country since they have a beneficial effect on the economy. They also have a positive influence on unemployment by creating additional jobs. However, in some countries, small business owners face challenges due to economic, political, or legislative factors. Addressing these barriers...
Introduction Entrepreneurship is any activity of the entrepreneur who always concentrates on innovation. An entrepreneur is one who combines various factors of input in an innovative manner so as to generate quality and value to the customers within the limits of the available inputs. Innovation can be made by the...
Successful entrepreneurs develop innovative concepts and strategies to achieve their potential. More often than not, small businesses fail to implement appropriate initiatives to deliver positive results. They tend to ignore critical attributes such as targeting, segmentation, positioning, and effective marketing mix. This paper gives a detailed description of a small...
Introduction Before starting any business, it is paramount for entrepreneurs to formulate a business plan. A business plan entails a detailed account that outlines how a certain business idea will be implemented within a particular time frame. According to Abrams, and Kleiner(2003, p.33), a business plan acts as a guide...
Introduction The following research is focused on women and entrepreneurship in Saudi Arabia and is investigating whether women’s entrepreneurial micro businesses can grow in Saudi Arabia. It discusses the women entrepreneurs who have excelled in Saudi Arabia thereby setting pace for other entrepreneurs to emulate. It looks into the characteristics...
Introduction The economic performance of any given country is boosted by growth of industries in the country. In any industry, there are large and small scale business enterprises. All these enterprises play a major role in boosting the economy of a country leading to economic development. Some countries focus on...
Introduction With the rapid growth of today’s entrepreneurial environment, the competitive nature of this area is likewise dramatically increasing. Such changes directly lead to the constant need for new ideas conceived and developed by entrepreneurs. As a result, there is a demand for an innovative approach that is closely intertwined...
How Small Businesses Can Overcome Challenges in the Market Small businesses play a critical role in the Saudi Arabian economy. According to Burton (2014), thousands of young adults in the country are employed directly or indirectly in small businesses. They pay taxes and provide for their families. As such, it...
Today innovation plays a significant role in organizational development and growth. The introduction of innovation influences the work of every employee, affects an employerâs level of satisfaction and evaluation of an employeeâs abilities, and determines the success and survival of the company as a whole (Votteler and ZatrochovĂĄ 556). Many...
Nothing Unique to Offer How lack of uniqueness could hurt Georgeâs Business The uniqueness of a business idea defines the absolute success of any given venture. This claim confirms the truth behind the comments of Georgeâs potential investor who upholds the role of uniqueness when it comes to attaining business...
Abstract The idea of women’s entrepreneurship is a growing aspect in the developed as well as in the developing countries of the world. However, there is a lot of literature concerning the participation of women in entrepreneurship in the developed world as opposed to the literature available on the same...
Introduction Creativity and innovation are becoming the pillar of entrepreneurship in the 21st century, entrepreneurs are on the lookout for opportunities that arise in the environment and therefore they develop mechanisms which they can use to harness the power of animation and turn ideas into business (Carsrud & Brännback 2007,...
Introduction The business environment in the modern world is becoming more turbulent and less predictable. The future performance of the business is becoming hard to be predicted because of the ever-changing business environment. Excellent entrepreneurial skills are vital for business survival in a dynamic business environment. Additionally, business innovation and...
Meaning of economic development and small business Economic development is best defined as putting in efforts to grow the countryâs Economic wealth by exploring possible options towards improving the well-being and quality of life of a society and a state at large, which can be achieved through job creation and...
Abstract This paper describes a few types of innovation that can provide a competitive edge for a company. Also, it covers successful examples of innovative companies and discusses the use of Six Sigma as a tool to implement innovative techniques into the business process. Innovation has always been one of...
Introduction The UAE has extensively maintained policies that encourage business startups. Further, the federal government has set up policies that attract foreign investments. It is imperative to note that the UAE economy is among the fastest growing economies globally. Traditionally, the economy has been heavily dependent on oil producing sector....
Abstract This research paper investigates Enterprise Resource Planning (ERP) system. It reviews the literature on the subject and provides information on the use and vendor of the software. ERP system incorporates different business functions in an organization with a central software application. The system allows sharing of information, increase efficiency,...
Introduction A business plan is a vital component in the operation of a firm. According to Rhoda Abrams a financial advice expert and Eugene Kleiner, a venture capital specialist (2003, p. 1), a business plan should be well conceived to ensure that the firm succeeds in the long term. In...
