The common story that encompasses the discussion of whether entrepreneurs are born and that they are not made follows the assertion that the attributes that make one successful entrepreneur are mostly about their inborn traits and personality and not anything that they may have learned. The existence of people as Alan Sugar, Richard Brandon as well as Theo Paphiyis, individuals who departed school at the age of 16 to build their business empires sway the discussion to be for the assertion that entrepreneurs are born and not made (Born Entrepreneurs, Born Leaders, 2009).
However, the assessment of numerous individuals, as well as studies, implies that the assertion is not as simple as it appears. The assessments indicate that there is a lot of diversity in relation to the types of individuals and personalities, with the mix of natural risk takers as well as those with a cautious outlook, a mix of introverts and introverts, with all these individuals possessing specific strengths relating to their entrepreneurial endeavors (Hindle, 2007).
It is thus conventional to say that there is no single type of entrepreneurs in a corresponding way that there is no single type of business opportunities. The talent that defines the success most entrepreneurs is found in their ability to along their skills along with their passion with the opportunities that are evident. It is additionally imperative that these entrepreneurs develop the skills as well as attributes they need to be able to maximize the outcome of these opportunities. One of the studies by Ernst and Young of more than 685 entrepreneurial leaders found that the one attributes that was common among all of them was the assertion that experience is the main attribute that people have in becoming successful entrepreneurs. 58% of the respondents have transitioned entrepreneurs who have previously been employees in the different companies (Are Entrepreneurs Born or Made? 2007). The common attribute of their successful entrepreneurial attributes was the assertion that the experience they attained from the corporate environment was an instrumental attribute that offered a training ground relating to their subsequent entrepreneurial careers.
The additional attributes that are common to most entrepreneurs are the wider collection of skills spanning both the individual as well as professional lives. There are the life lessons that are vital in the development of the successful entrepreneurs and include skills as how to deal which change, how to request help, how to say no in addition to the issue of mastering the art of prioritization. These are attributes that are very valuable to an entrepreneur. It thus follows that entrepreneurial skill as well as attributes can be taught and are attributes that should be included in the education experience of the young people (Hindle, 2007).
It is thus right to conclude that entrepreneurs are made and not born. The learning that people get in the formal structures as the classroom, as well as the informal lesson they learn by experience, are vital in the development of entrepreneurs. The constant interaction with the individual who are already entrepreneurs offers great insights into the values that one should exhibit to become successful entrepreneurs. Even if one is born with entrepreneurial attributes, they will not be able to activate those attributes unless they receive the exposure and a degree of guidance, and attributes that implies that the formative years of the entrepreneur involve being made into one (Hindle, 2007). The skills and experience one acquires over time and through both formal and informal interactions with the entrepreneurs are the main elements that dictate that the success of the entrepreneurs by equipping them with the entrepreneurial decision-making skills.
Are Entrepreneurs Born Or Made?. (2007). Black Enterprise, 38(4), 18.
Born Entrepreneurs, Born Leaders: How Your Genes Affect Your Work Life. (2009). Publishers Weekly, 256(50), 47-48.
Hindle, K. (2007). Teaching entrepreneurship at university : from the wrong building to the right philosophy. Cheltenham, England: Edward Elgar Publishing. Entrepreneurship – Born, Made and Educated (PDF Download Available).
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