ENTREPRENEURSHIP QUESTION... URGENT

References Mailings Review View Help Tell me what you want to do Rubrics Criteria Q. Questions No 1 Not everyone is cut out to be an entrepreneur, and with more than 30 per Rubrics: cent of small businesses failing in their start-up, it's worth checking out the traits that characterize some of Australia's success stories before you start a List the business. One of Australia's best-known entrepreneurs is Naomi Simson, characteristics of founder of online gift retailer RedBalloon. She is often asked what Naomi simon - 5 character traits are needed to succeed in business. 'I usually defer to marks businessman and entrepreneur Jack Cowio who puts it better than I ever could,' Simson says. 'I saw Jack present at the EY Entrepreneurs Description of how workshop, where he opened with the quote "an entrepreneur needs to be a the quality relates to cross between a microbiologist and an astronomer". He believes that true success - 5 marks entrepreneurs are special in that they can be both detailed and visionary.' Simson says great entrepreneurs are curious, persistent, are searching for Relating to theory- better ways to do things, endlessly positive, focused and have exemplary 5 marks I people skills. While entrepreneurs can be born with these traits, she says some can also be leamed. 'Curiosity and positivity are hard things to teach - you either have them or you don't she says. "But characteristics like focus and persistence can be learned, and need to be without them you're unlikely to make it as an entrepreneur or business owner.' Simson attributes the success of her own business to tenacity and hard work. 'It was almost three months before RedBallosen made its first sale,' she says. "People used to ask me when Care) you going to give up?" but the thought never crossed my mind. I never ever thought that it would not work and I never contemplated throwing in the towel. Australia's tall poppy syndrome can be a factor in potentially successful entrepreneurs falling by the wayside. Simson says entrepreneurs can be derided if they get above their post', take a risk, and fail. 'This is not very productive in a country that needs strong, decisive leaders more than ever,' she says. As entrepreneurs anywhere in the world - we often have trouble imagining failure in the first place. But that doesn't mean failing is a bad thing, Failure is very much a reality of being an entrepreneur - we take risks and sometimes those risks don't pay off From the above passage Identify and describe the entrepreneurial qualities of Naomi simson Show which entrepreneurship theory can fit in this context. Reference: Howard Eederick Entrepreneurship Theory. Process, Practice Pg. 45-48 O 8! References Mailings Review View Help Tell me what you want to do Rubrics Criteria Q. Questions No 1 Not everyone is cut out to be an entrepreneur, and with more than 30 per Rubrics: cent of small businesses failing in their start-up, it's worth checking out the traits that characterize some of Australia's success stories before you start a List the business. One of Australia's best-known entrepreneurs is Naomi Simson, characteristics of founder of online gift retailer RedBalloon. She is often asked what Naomi simon - 5 character traits are needed to succeed in business. 'I usually defer to marks businessman and entrepreneur Jack Cowio who puts it better than I ever could,' Simson says. 'I saw Jack present at the EY Entrepreneurs Description of how workshop, where he opened with the quote "an entrepreneur needs to be a the quality relates to cross between a microbiologist and an astronomer". He believes that true success - 5 marks entrepreneurs are special in that they can be both detailed and visionary.' Simson says great entrepreneurs are curious, persistent, are searching for Relating to theory- better ways to do things, endlessly positive, focused and have exemplary 5 marks I people skills. While entrepreneurs can be born with these traits, she says some can also be leamed. 'Curiosity and positivity are hard things to teach - you either have them or you don't she says. "But characteristics like focus and persistence can be learned, and need to be without them you're unlikely to make it as an entrepreneur or business owner.' Simson attributes the success of her own business to tenacity and hard work. 'It was almost three months before RedBallosen made its first sale,' she says. "People used to ask me when Care) you going to give up?" but the thought never crossed my mind. I never ever thought that it would not work and I never contemplated throwing in the towel. Australia's tall poppy syndrome can be a factor in potentially successful entrepreneurs falling by the wayside. Simson says entrepreneurs can be derided if they get above their post', take a risk, and fail. 'This is not very productive in a country that needs strong, decisive leaders more than ever,' she says. As entrepreneurs anywhere in the world - we often have trouble imagining failure in the first place. But that doesn't mean failing is a bad thing, Failure is very much a reality of being an entrepreneur - we take risks and sometimes those risks don't pay off From the above passage Identify and describe the entrepreneurial qualities of Naomi simson Show which entrepreneurship theory can fit in this context. Reference: Howard Eederick Entrepreneurship Theory. Process, Practice Pg. 45-48 O 8