Business Report
Unit 1 – The Age of the Entrepreneur
“Entrepreneurship is a state of mind.” – Richard Branson, Chairman of Virgin Group
Entrepreneurs have shaped and are continuing to shape society and industry in the world we live in today. Businesses like Microsoft, Virgin, the Body Shop etc have all been started by a single person with an idea and the strength to do well in an industry. Bill Gates has pioneered the computer world which we use today, and that so many businesses strive on to keep them going. Richard Branson started out as a small record stall, and now has various business ventures including airlines, trains, media (including telecommunications), money etc.
Characteristics of an Entrepreneur
To become an entrepreneur you must have characteristics to succeed and a drive to do well in industry. William D Bygrave, professor for Entrepreneurial Studies at Babson College in Boston, suggests that entrepreneurs must possess the 10 D’s:
Dream: - Entrepreneurs must......
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