S. That said, the country's long history of immigrant entrepreneurialism, however tenuous the notion might be today, has left a cultural legacy as evidenced by the relatively high entrepreneurship index score given to the U.S.
There are other structural factors as well. In Europe in general, there are a myriad of impediments to entrepreneurialism, including legal barriers, a consumer sector that is unventuresome about new products, stronger unions and higher levels of state intervention in the marketplace (Phelps, 2007). Phelps also outlines several cultural factors as well, such as the desire amongst workers for responsibility, interesting work or the chance to take initiative. The United States scores much higher in these metrics than does Germany. He frames these as differences in economic dynamism.
There is a correlation between the level of entrepreneurship and the level of economic growth (Aernoudt, 2007). Aernoudt's findings imply that European SMEs do not have an adequate support…...
mlaWorks Cited
No author. 2006. Entrepreneurship in Germany. [Online] Available at http://www.internationalentrepreneurship.com/european%2Bentrepreneurship/germany_entrepreneur.asp?countryid=21&contid=4
Grieco, Elizabeth. 2006. Defining Foreign-Born and Foreigner in International Migration Statistics. Migration Policy Institute. [Online] Available at http://www.migrationinformation.org/Feature/display.cfm?ID=34
Camarota, Steven a. 2000. Reconsidering Immigrant Entrepreneurship. Center for Immigrant Studies. [Online] Available at http://www.cis.org/articles/1999/self-employment/index.html
Phelps, Edmund S. 2007. Entrepreneurial Culture: Why European Economies Lag Behind the U.S. Wall Street Journal. [Online] Available at http://www.opinionjournal.com/editorial/feature.html?id=110009657
Entrepreneurship: Business Growth
Business Growth: Entrepreneurship
Growth is crucial for any business venture. An organization that does not prepare effectively for growth risks falling behind its competitors. In order to execute growth effectively, an organization needs to put in place a growth plan. This text examines the importance of a growth plan, its core components, and the specific strategies that an organization could use to realize growth.
Entrepreneurship: Business Growth
hat is a growth plan?
Every entrepreneur with a successful venture will often take time to sit down and speculate about the future of their business. A growth plan is a roadmap detailing the specific strategies that an entrepreneur plans to use to take their business to the next level in a smart and disciplined way. It is meant to guide entrepreneurs and reduce their risk as they grow their business. A growth plan basically includes three core components: i) a clear picture of the…...
mlaWorks Cited
Biederman, Rob. "7 Key Steps to a Growth Strategy that Works Immediately." The Entrepreneur Magazine, 2015. Web. Accessed at http://www.entrepreneur.com/article/240853
Gwin, Catherine. Sharing Knowledge: Innovations and Remaining Challenges. Washington, D.C: World Bank Publications, 2003. Print.
Schill, Nancy. Coach-in-Box Goal-setting Workbook: Target and Achieve your Goal at Work. Austin, TX: ExecIntel Solutions, 2014. Print.
Smith, Janet, Smith Lester, Smith Richard, and Bliss Richard. Entrepreneurial Finance: Strategy, Valuation and Deal Structure. Stanford, CA: Stanford University Press, 2011. Print.
This is critical, because a magazine is like any venture, it requires sufficient amounts of due diligence prior to opening. You must then, be sure that you have the right audience identified. Otherwise, you could be facing a situation, where you could be taking to general or to narrow of a focus (causing you not see a profitable return). Regardless of the type of magazine that is being published, this is the standard that is necessary to ensure long-term survival of the publication. This is significant because, understanding this weakness about any possible risks will ensure that nothing is overlooked. As a result, once the magazine is published it will be focused and capable of generating a unique following.
Clearly, the publishing of an AIDS/HIV magazine can be effective at promoting those issues that are most important to this group of the population. However, like all business ventures, magazine publishing…...
mlaBibliography
Magazine Publishing. (2010). Retrieved March 11, 2010 from NAICS website:
What can also be seen from this analysis is that the value chain of the heavy equipment industry in general and construction, farm machinery and heavy truck manufacturing specifically rely on distribution channels to sell to contractors (Byrne, Lubowe, Blitz, 2007).
Distribution Channel ecommendations
The sales cycles in our region are particularly long and often require several different sources of financing for any contractor or agency to acquire heavy equipment for projects. As a result the role of distribution channels has become especially significant given the need for shared risk in the financing of the equipment and shared ownership as well in the form of lease-back arrangements. To create a more differentiated distribution strategy it is crticvally important to give empowerment in the form of advanced credit terms of heavy equipment to distributors and dealers. This approach of the manufacturer in effect becoming the financing partner with the reseller to more…...
mlaReferences
Brown, James R, Lusch, Robert F, Nicholson, Carolyn Y. (1995). Power and relationship commitment: Their impact on marketing channel member performance. Journal of Retailing, 71(4), 363
Data Monitor (2009) Construction & Farm Machinery & Heavy Trucks Industry Profile: Global. (2009, March). Construction & Farm Machinery & Heavy Trucks Industry Profile: Global DataMonitor, London, UK.
Shah, R.K.D. (1989). Strategic Planning for Power Equipment Manufacture. Long-Range Planning, 22(5), 98
David Walters, Mark Rainbird. (2007). Cooperative innovation: a value chain approach. Journal of Enterprise Information Management, 20(5), 595-607.
In general, it has seen significant changes to the infrastructure of entrepreneurship because there is now no longer a need for strong physical organizational structures or spaces. Albert Lin, of the American Technology Research Institute explains that in 2007, over 300,000 entrepreneurs will use Skype as the primary means of business communication. The freedom of mobility therefore, is one of the biggest advantages for entrepreneurial competency within the past decade.
The second area of communication change has been the increased speed, efficiency and cost effectiveness of data transfer. The telecommunication industry has spent as much as 580 billion dollars within the past decade in connecting the world via fiber optic technology. As a result, the entire world is now digitized and can send and receive information at a much faster pace than in past generations. The implication for entrepreneurs is the greater freedom provided through data transfers, this new medium…...
mlaDrucker, P. Innovation and Entrepreneurship. Butterworth Heinemann, 1994.
Reinhardt, Forest. Down to Earth. Harvard Business School Press, 2000.
Timmons, Jeffrey a. New Venture Creation. 6th edition. McGraw Hill, 2003.
Not only is it a niche product but as there is a stigma associated with the disease, asking people to buy the magazine at a grocery store or newsstand may result in people who want the magazine not wishing to do so in such a public setting. With a mail order business model, marketing would need to be aggressive. Publishing costs would be around $5 per issue (at least $2 for writing/editing alone); mailing costs $1 and the allocated fixed costs to each issue around $0.50. This requires the company to earn a minimum of $6.50 per issue at 15,000 just to break even. A cost of over $7 would be difficult to manage, as that is a point where price sensitivity increases for magazines. Revenue from sales under this scenario would be $105,000. Ad rates for 15,000 targeted consumers could be potentially decent -- around $25,000 per issue…...
entrepreneurship ? How badly owner business? Why? Why ? Why time?
Is entrepreneurship for me? How badly do you want to be an owner of your own business?
Why? Why not? Why not at this time?
An entrepreneur gets to create his or her own enterprise from the ground up. He or she gets to set the rules and policies of the company, rather than has to follow them like a company employee. If the business succeeds or fails, it is largely on the founder's shoulders. The entrepreneur gets to select a business model he or she feels passionately about, rather than simply 'punch a clock' to get a paycheck. While there is the unfortunate potential for great losses if the business fails (and many do) there is also the potential for great rewards, if the business is a success.
An entrepreneur must be creative -- first to frame the business concept, and…...
trait theories of entrepreneurship, we can gain a better understanding of the differences between entrepreneurship and other economic forms. Key to this understanding is examining the traits of serial entrepreneurs to see how they approach the issue of risk.
When human civilization first development, most goods were produced at a subsistence level, and this was the sum total economic activity -- there was no money and no profit. Over time, advances in production techniques, especially in agriculture gave rise to surpluses, which could then be traded. The barter of agricultural surplus in ancient communities can be said to be the first entrepreneurism (Allis, 2014). More formal entrepreneurism of the type that we would recognize today, featuring the investment of capital in a small enterprise designed specifically to earn profit, would have emerged as people collected into village and towns, allowing for specialization into trades. These trades would have produced above…...
mlaReferences
Allis, R. (2014). The history of entrepreneurship. The Startup Guide. Retrieved April 26, 2014 from http://startupguide.com/world/the-history-of-entrepreneurship/
Fairlie, R. & Holleran, W. (2012). Entrepreneurship training, risk aversion and other personality traits: Evidence from a random experiment. Journal of Economic Psychology. Vol. 33 (2) 366-378.
Wright, M., Robbie, K. & Ennew, C. (1997). Serial entrepreneurs. British Journal of Management. Vol. 8 (1997) 251-268.
Wright, M., Robbie, K. & Ennew, C. (1997, 2) Venture capitalists and serial entrepreneurs. Journal of Business Venturing. Vol. 12 (3) 227-249.
Gartner, on the other hand, appears to focus on his own personal and wide-spread generalizations about the personalities of people from different countries.
Worst of all, some of Gartner's beliefs are easily proved wrong. For instance, consider his rhyme:
And isn't it an irony,
That entrepreneur is "French" in its entirety?
To talk about entrepreneurship will always be,
An inherently French idea as the field's reality."
One would think that the French embody entrepreneurship after reading Gartner.
The reality is just the opposite. From an international perspective the 8.5% rate of entrepreneurship in France is very low: the business ownership rates in Italy, the United Kingdom, the Netherlands and the United States are substantially higher: 10.9, 10.3, 10.4 and 18.2%, respectively (EIM, 2000).
For whatever reasons, Gartner aims his criticism at Americans when the United States is one of the world's leaders in entrepreneurship. To say that Americans lack soul and passion in their efforts is an…...
mlaBibliography
Gartner, W.B. (2008, March) Entrepreneurship-Hop. Baylor University.
EIM, 2000, COMParative entrepreneurship data for international analysis (COMPENDIA 2000.1), Zoetermeer: EIM Business and Policy Research.
Zahra, S.A. (2002, June 22). Entrepreneurship: Theory and practice. Retrieved at http://www.allbusiness.com/management/278966-1.html
The harvest / exit strategy would be to: increase the overall profits as much as possible. Then, once the various products / services have increased in value you would sell these assets. The lifetime of such a venture would normally last for 10 to 20 years.
Magazine Publishing Exploiting HIV / AIDS
As far as a magazine is concerned, the opportunity costs would be a chance to reach and educate the public about the issue. The concept is: to effectively target these ideas towards anyone who is suffering from the virus and their family members. These groups would more than likely be interested in hearing the various ideas presented in the magazine. As far as the different resources are concerned, it is imperative that you identify: key advertisers, how distribution will take place, a publication schedule and various writers / editors that could be utilized. Implementation / growth will depend upon…...
mlaBibliography
Thomas, K. (2008, January 25). Start Up Magazine Publishing Costs. Retrieved March 12, 2010 from: Suit 101
website:
http://magazinepublishing.suite101.com/article.cfm/magazine
_start_ups_on_a_shoestring#ixzz0hjyGE5rS
Introduction to the Entrepreneurial Opportunity My entrepreneurial idea combines two major trends in business today – inbound marketing and artificial intelligence. This section will highlight literature to support these themes as providing opportunity for entrepreneurial activity. First, inbound marketing in its current form evolved roughly with Google's Panda update, as this changed how the search giant's bots evaluated website. Prior to this update, search rewarded sites for activities like keyword stuffing, excessive internal links, and the change placed emphasis on information architecture, and creating quality content. This change heralded a new era of inbound marketing (Wainwright, 2011). Companies could no longer fake their way to the top of Google's listings; now they were rewarded for the richness of their content. This unleashed a wave of trends in marketing, including now every company needs to have blogs that contain not only material about the company and its products, but company sites are…...
mlaReferences
Bernazzani, S. (2017). AI in marketing: 10 early use cases. Hubspot. Retrieved March 7, 2016 from Law, R. (2017). 21 inbound marketing tools you\\'ll fall in love with. CoBloom. Retrieved March 7, 2018 from https://www.cobloom.com/blog/inbound-marketing-tools#Mak, S. (2014). How does Google Panda help marketing? iSmart. Retrieved March 7, 2018 from https://www.ismartcom.com/blog/how-does-google-panda-help-inbound-marketingWainwright, C. (2011). Everything marketers need to know about Google\\'s Panda updates. Hubspot. Retrieved March 7, 2018 from https://blog.hubspot.com/blog/tabid/6307/bid/28763/everything-marketers-need-to-know-about-google-s-panda-updates.aspxVelli, E. (2017) How AI is disrupting the inbound marketing space. New Breed. Retrieved March 7, 2018 from https://www.newbreedmarketing.com/blog/how-ai-is-disrupting-the-inbound-marketing-spacehttps://blog.hubspot.com/marketing/ai-marketing-use-cases
The Effectiveness of the Current Entrepreneurship Training Programs in the Gulf Cooperation Council Educational Institutions
ABSTRACT
Today, the six member-states of the Gulf Cooperation Council (GCC), Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Bahrain, and Oman, are all faced with the need to improve the effectiveness of their respective entrepreneurship training programs (ETPs) in order to help young practitioners create new businesses, diversify and grow their economies. This need is especially pronounced at present given the alarming estimates concerning the looming peak oil milestone and the harsh reality that even enormous fossil fuel reserves will eventually be exhausted. Furthermore, the international marketplace is changing in fundamental ways, and countries that are able to field a generational cohort of talented and trained entrepreneurs will invariable gain and sustain a competitive advantage over those that do not. Therefore, against this backdrop, studies such as this one can help identify opportunities for improving the…...
mlaReferences
Bauer, K (2011, January 1). ‘Training Women for Success: An Evaluation of Entrepreneurship Training Programs in Vermont, USA.’ Journal of Entrepreneurship Education, Vol. 14, pp. 1-4.Carlile, L (2017, May). ‘CTE and Entrepreneurship.’ Techniques, Vol. 92, No. 5, p. 6.‘CIA World Factbook.’ (20187). U.S. Central Intelligence Agency. [online] available: ‘Daniel, TA and Kent, CA (2009, Spring). ‘An Assessment of Youth Entrepreneurship Programs in the United States.’ Journal of Private Enterprise, Vol. 20, No. 2, pp. 125-130.DiMaria, F (2014, March 24). ‘Entrepreneurship Education Helps Community College Students Create Their Own Jobs.’ The Hispanic Outlook in Higher Education, Vol. 24, No. 12, pp. 22-25.Ekpe, I and Razak, C (2016, July 1). ‘Entrepreneurial Skill Acquisition, Psycho-Social Factors and Youth\\'s Self-Employment in Malaysia.’ Journal of Entrepreneurship Education, Vol. 19, No. 2, pp. 78-82.‘Gulf Cooperation Council’ (2018). The World Bank. [online] available: http://www.worldbank. org/en/country/gcc.Laud, R and Betts, S (2015, July 1). ‘The Business Concept Competition as a Business Plan Alternative for New and Growing Entrepreneurship Programs: What\\'s the Big Idea?’ Journal of Entrepreneurship Education, Vol. 18, No. 2, pp. 53-57.https://www.cia.gov/library/publications/the-world-factbook/geos/mu.html
Finding ways to delegate authority is an important thing for entrepreneurs when they grow. hen a company is in the beginning or high growth stage of the business cycle, there comes a point when the founder must let go some control so that the business can be more professionally run.
The current business model is somewhat aimless, but oriented towards high end positioning. An alternate direction is that the business can focus on becoming a volume supplier. The designer is capable of having a mainstream touch, and Turkey is a great place to follow a high-volume, low-margin business model for export. This would leverage the low cost of production and the effort that the government puts into creating export opportunities. At this point, as an unknown brand, he still has the capability to go in that direction.
orks Cited:
CIA orld Factbook. (2013). Turkey. Central Intelligence Agency. Retrieved April 29, 2013 from…...
mlaWorks Cited:
CIA World Factbook. (2013). Turkey. Central Intelligence Agency. Retrieved April 29, 2013 from https://www.cia.gov/library/publications/the-world-factbook/geos/tu.html
ITKIB. (2010). Turkish textile industry. stanbul Tekstil ve Konfeksiyon "hracatc" Birlikleri Retrieved April 29, 2013 from http://www.itkib.org.tr/english/about/sectors/textile/textile_info.pdf
Saba, G. (2013). Global marketing -- Turkish textile industry and its competition power. Ege University. Retrieved April 29, 2013 from http://www.slideshare.net/GamzeSaba/global-marketing-turkish-textile-industry-and-its-competition-power
Entrepreneur
The project is a website that compiles videos, tips, articles and other content. The site is aimed at an audience interested in a healthier lifestyle. The way of monetizing the site will be to sell advertising to health clubs, fitness professionals and others that cater to the same target market. This report will analyze this idea to test for feasibility and identify key challenges that could be present. There will be recommendations as well with respect to the future of this website.
Challenges
There are several challenges that this website can be expected to face. The first is with respect to the idea of being a content aggregator. This is not 1997. Content is not free. Thus, the first hurdle that we will face with this idea is acquiring content. Most high-traffic content sites have established brands and they also have identified means of acquiring content. If we are going to produce…...
mlaWorks Cited:
Perner, L. (2008). Internet marketing. Consumer Psychologist. Retrieved May 24, 2013 from http://www.consumerpsychologist.com/intro_Internet_Marketing.html
O'Reilly, T. (2005). What is web 2.0. Oreilly.com. Retrieved May 24, 2013 from http://oreilly.com/web2/archive/what-is-web-20.html
Entrepreneur-Why investor would give me capital to start a decorating den?
With the spiraling demand for housing, the demand for interior decoration market is also rising in tandem. Concern regarding making the home interiors beautiful and plush is high on the wish list of many home-buyers. Modern and aware customers who view popular channels on TV dedicated to interiors and subscribe to the magazines flooding the market are valuing the quality of interior decorating in an increasing manner than ever before. ising on this demand for interiors among the people is a great opportunity to take up the Franchise offer of Decorating Den. It is an investment in the future compared to other franchise offered in the market and a completely new way of life. (Opportunities in a New Economy - Message from the President)
Convincing the Venture Capitalist for guaranteed profitability:
By taking up the franchise, owners of Interiors by Decorating Den…...
mlaReferences
"A Beautiful Business" Retrieved from Accessed on 17 February, 2005http://www.decoratingden.com/Bbusiness.shtml
"Interior Views: Sample Plan" Retrieved from http://www.paloalto.com/sampleplans/MPP6/enu/Live/InteriorViews-mpp_Live.pdf
Accessed on 17 February, 2005
"Is the Business for you" Retrieved from Accessed on 17 February 2005http://www.decoratingden.com/foryou.shtml
A paper that focuses on topics like strategic decision making, strategy, leadership, management control systems, entrepreneurship, or organization changes can take two approaches. You can thoroughly explain one of the concepts, for example describing that strategic decision making is a method of business planning that looks at long-term goals. The other approach is to do some sort of case study looking specifically at events to determine how one of those topics either impacted or was impacted by a company’s decision-making process. So, the first thing you need to do is decide what type of paper....
Title: Reasons Why the US is the Best Country in the World
Introduction:
The United States of America is widely regarded as one of the most powerful and influential countries globally. As an epitome of democracy, economic strength, innovation, and cultural diversity, several reasons make the US the best country in the world today.
1. Political Stability:
The US boasts a stable political system that upholds the principles of democracy and individual liberties. Its robust system of checks and balances ensures accountability and prevents the concentration of power, making it an attractive destination for both citizens and immigrants.
2. Economic Powerhouse:
The United States possesses the....
I. Introduction
- Begin by presenting a thought-provoking statement or question that captures the reader's attention.
- Briefly introduce the idea that advancing technology might make most of us unemployable in the future and highlight the significance of addressing this potential issue.
II. Body Paragraph 1: Technological Advancements and Job Displacement
- Discuss how technological advancements have historically impacted the job market.
- Provide specific examples of jobs or industries that have been affected by automation and artificial intelligence.
- Explain the concept of "technological unemployment" and its potential consequences for society.
III. Body Paragraph 2: The Skills Gap and Education
- Discuss the widening skills gap between....
## Crafting a Debatable City Life vs. Country Life Thesis Statement
A well-crafted thesis statement is crucial for a successful debate on the topic of city life versus country life. It should clearly express your position on the issue and provide a roadmap for your argument. Here are some tips for crafting an effective thesis statement:
1. Understand the Issue: Familiarize yourself with the topic and the different perspectives surrounding it. Consider the advantages and disadvantages of both city life and country life.
2. Define Your Position: Clearly state your stance on the debate. Are you arguing in favor of city life or....
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now