StudentShare solutions
Triangle menu

The strengths and weaknesses of an entrepreneurial strategist - Essay Example

Not dowloaded yet

Extract of sample
The strengths and weaknesses of an entrepreneurial strategist

The importance of strategic thinking leads to strategic planning and is extremely important in the opportunity identification process. Successful entrepreneurs are self confident and try to meet the heist possible standards. Most of them are hard working and energetic, enthusiastic, passionate and self-critical. They get others to do things by giving them little scope to influence decisions. Intuition is one of the most unique qualities possessed by successful entrepreneurs (Burns 2001). They use the intuitive ability to understand the dynamics of market structures, competition, customer needs, timing, synergies, and the like (Clark and Lee 2006). They have great knowledge, expertise and personal charisma. Successful entrepreneurs accept full responsibility for the achievement of the business objective and it is therefore essential for trust and co-operation from both sides to be in evidence all the time. "They welcome change because it creates opportunities that can be exploited and often create it through innovation" (Burns 2001, p. 5). Most of them have excellent communication skills which help them to find partners and investors. Successful entrepreneurs are open to new ideas and willingly accept risk.
The weaknesses of entrepreneurs prevent them to achieve success and bui ...Show more

Summary

Every entrepreneur is a charismatic personality who has a unique vision of opportunities and new approaches to make a profit. A good entrepreneur combines qualities of a leader and manager, strategist and creator. To some extent, successful entrepreneurs combine the ability to inspire others and achieve effective performance from others through motivation process.
Author : emmanuelle46
The strengths and weaknesses of an entrepreneurial strategist essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"The strengths and weaknesses of an entrepreneurial strategist"
with a personal 20% discount.
Grab the best paper

Related Essays

Facebook: Strengths, Weaknesses and Reasons for Success
Facebook is currently the most popular and used social networking website by people all around the world. The innumerable social networking features and functionalities that Facebook currently provides to its users determine the strengths, weaknesses at some points and reasons for it to become a huge success.
4 pages (1000 words) Essay
Strengths and Weaknesses of Rolls Royce
It continues to set the standard for motor cars in the industry. This paper identifies the strengths and weaknesses of Rolls Royce based on its various financial ratios. In order to do this, first the financial ratios of the company are analysed. Financial Ratios Profitability Ratios Gross Profit Margin (%) Operating Profit Margin (%) Net Profit Margin (Before Tax) (%) Net Profit Margin (After Tax) (%) Return on Ordinary Shareholder Funds (%) 2010 19.85 10.19 6.33 4.90 13.66 2009 20.27 11.27 28.39 21.29 58.62 2008 19.50 9.41 -20.83 -14.81 -52.70 2007 19.26 6.91 9.86 8.07 16.96 2006 22.76 9.67 19.44 13.89 36.57 Financial Gearing Ratios Gearing Ratio (%) Interest Cover Ratio 2010 82.55 1.28 20
7 pages (1750 words) Essay
Strengths and Weaknesses of Wireless Networking
When the number of users increases they also need to increase number of computers. In many cases, organizations need to process a large amount of data entered by different users simultaneously. In this scenario, the implementation of a network becomes essential.
11 pages (2750 words) Essay
Strengths and Weaknesses of Personality Tests
Strengths and Weaknesses of Personality Tests People have been interested in examining and understanding the make-up of human personality through human history. Through the last century, there have been many systematic attempts to study personality and personality differences that have been based on different theoretical structures (Wiggins, 2005).
6 pages (1500 words) Essay
Hamlet's Character: Strengths and Weaknesses

The conclusion from this study states that the dark side of Hamlet’s personality is lack of gentleness and consideration. Killing Polonius speaks both of Hamlet’s bravery and lack of consideration as he later gets to know that he has killed the wrong person and still does not repent. Overall, Hamlet is a good person who would not mess up with others until he is really required to do so.

8 pages (1750 words) Essay
Strengths and weaknesses of viral marketing
Viral marketing exploits the established social networks between people by encouraging customers to share product experience and information with friends. It is important for marketers to understand the context in which viral marketing works and the qualities of products for which it is most effective.
5 pages (1250 words) Essay
Strengths and weaknesses of English orthography
Structured occurrence: One of the main highlights of English orthography is that its pattern is highly structured. The patterning can be stated as highly impressive, considering that it is derived from only twenty-six alphabets and approximately fifty sounds.
2 pages (500 words) Essay
Shell market position, strengths/weaknesses
Shell leverages its portfolio in high growth markets and thus selected for China since it is the fastest growing consumer lubricants market in the world. Shell is today faced with the challenge of supplying the world’s growing demand for energy in
3 pages (750 words) Essay
STRENGTHS & WEAKNESSES
3). It creates an environment for proper communication since employees are related in terms of job within departments and this enhances coordination. According to Das (2012), it has a hierarchy structure that creates accountability and privileges where
1 pages (250 words) Essay
Evaluate the strengths and weaknesses of progressivism
Many changes came up as due to the ideology of progressivism, but not all American people reaped from the developments. Despite some citizens in the country not enjoying the new esteemed reforms, progressivism was a significant gain in America’s
2 pages (500 words) Essay
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT
Comments (0)
Rate this paper:
Thank you! Your comment has been sent and will be posted after moderation