NAME: PUTU NADIANI PUTRI UTAMA

NIM : 1506305130

Are entrepreneur made or born?

I think that entrepreneur are not only born but also made . Entrepreneur succeed through a
combination of natural abilities and the right environment to apply those talents, because one
without the other is not enough

Born in touch with the child's talents and potentials inherent at birth into the world. But the talent
and potential is not enough. Made into a more important factor in shaping the character and
personality in a way to equip the children with the knowledge, skills and a good environment. So
for example some people have ability to singing but not all people that can sing became a singer.

In the past, entrepreneurship is regarded as innate talent that can not be learned. Now, it turns
entrepreneurship can be learned and not enough to just rely on talent alone. Therefore, the
combination between the born and made to be very important in shaping the personality of a
tough businessman.

Real entrepreneurs are born and prove out their DNA with hard
work. What Im saying is this: only a handful of people have what it
takes to truly run a million dollar business.

Entrepreneurs Are Born Or Made

Business Essay
Published: 23rd March, 2015 Last Edited: 23rd March, 2015

This essay has been submitted by a student. This is not an example of the work written by
our professional essay writers.
Since the late 18th century, business has constituted a main composition of the society. As
the success of Jobs Steve, Bill Gates and Warren Buffett, many people start their own
business in chase of profit. There are entrepreneurs growing everyday while some others
bankrupting. We start thinking whether entrepreneurs are born. You may think that
entrepreneurs are born successful, and they owned an enormous business. However,
entrepreneur is not defined as the one who has made their business tremendous, but the
one who starts his own company and employs himself (Mariotti and Glackin, 2010).
Therefore, anyone can become an entrepreneur if he or she starts his or her own business
and works for himself or herself. There are no boundaries among people, but your
working position determines whether you are an entrepreneur. Entrepreneurs are not
naturally born, but nurturally made. Entrepreneurship is actually not a destiny, but a
qualification. In the research "Nature or Nurture: Decoding the Entrepreneur", it shows
that the entrepreneurs share some common characteristics (Monte and London, 2011). It
is the qualities that make entrepreneurs successful. Moreover, the qualities are not
inherent, but gotten through education and experiences. The myth of entrepreneurship
will be unveiled in this essay.

Entrepreneurs Are Born or Made?

Entrepreneurs are not born. Entrepreneurs are not like athletes, they don't need natural
inherent body and muscles. An athlete's child may grow up an athlete, but it would not
happen in an entrepreneur's family. Many businesses bankrupted everyday, including
some entrepreneur's family. However, entrepreneurs are nurtually made, and they own
some special qualities and also need some trainings and experiences as athletes. Many
people from non-entrepreneur's families start their own business and become
entrepreneurs everyday. Dhirubhai Ambani, the most enterprising business man who's
father is a school teacher, started his business on his own (Prakash, n.d). Warren Buffett,
is not born as an entrepreneur either. He started his company when he was 27 years old
using his earns from his pervious investments, made a great profit from his unique and
accurate opinion on the stock market, and his Berkshire industrial Kingdom became a
famous huge business in the world (Kennon, n.d). There are many examples of
entrepreneurs who started their businesses as a green hand, instead of inheriting from
their families. Thus we could not say that entrepreneurs are born, however, the
entrepreneurs acquired many qualities that made them success.
The main quality of entrepreneurship is innovation, which is not obtained naturally.
Innovation is a new product, a new technology, a new source, and a new market (Mariotti
and Glakin, 2010). There are many examples of entrepreneurs bankrupted due to lack of
innovation. For example, Carrozzeria Touring, an Italian automobile coachbuilder
company, ceased his business in 1966, due to the substitution of the new automobile
construction (van den Brink, n.d). On the other hand, the famous company, Apple, make
its success by innovation. As we all know, Apple will release his new product or
innovation of its existing products every year, and the big success of iphone, ipad and
imac make Steven Jobs the most well-known famous entrepreneur. It is the same with
Microsoft. Microsoft releases its new products every year. We all have noticed that every
year we will update our system to the new window. The popularity of the system proves
the success of Microsoft, and makes Bill Gates the famous entrepreneur.
After all, the sense of innovation is not grown natural, it comes from opportunities. When
there is problem, there is opportunities (Mariotti and Glakin, 2010). Several years ago,
there is no softwares in the computer, and Bill Gates made his entrepreneurship from
creating the first software, window. The Body Shop International, was created by Anita
Roddick because " she was tired of paying for unnecessary perfume and fancy packaging
when she bought makeup" (Mariotti and Glackin, 2010). The problem that Anita faced
made her start her own business to solve the problem. The problem finding quality is the
quality that everyone were born with, and the opportunity is just coming from those
problems.
The second quality of entrepreneurship is experience, which is exactly extracted from
posteriority. About 60 percent of the entrepreneurial leaders are "transitioned", and the
number one ranking factor of success is the experience as the employee (Pinelli, 2001).
People can learn terminologies and skills for business evoked as their language, and the
procedures of running a business become his or her conditional reflex, which will make
their future operating business effectively and efficiently. From the previous experience,
the entrepreneur can easily tackle the key of a problem and forecasting the development
of his or her business. Yu Min Hong, a great entrepreneur, started his tutoring school,
New Oriental, after his experience of teaching and tutoring in Peking University. He
extracted his way of teaching from his previous experience of teaching, and used the
teaching method in his company. The big success of New Oriental make Yu Min Hong
one of the greatest entrepreneurs in China, and his method of teaching spreads all over
the country. The rules of business are simple, making a business plan, ordinating your
customers, operating and developing the business. From your previous experience, you
will have the blueprint of your business, and moreover, you have already have your
customers when you start. Thus with your employment experience, you are actually
jumping the first two steps, which are making a business plan and ordinating customers,
and directly shortcut into the third step -- operating and developing the business.
The third quality of entrepreneurship is knowledge, which is not inborn but acquired from
education. " And if experience is the best education, the classroom is not far behind.
Higher education was ranked the number one factor by almost one-third of respondents,
just behind employee experience" (Pinelli, 2001). Entrepreneurs are facing with various
of challenges from finance, operation, organization, and laws. Operating the business
requires you understand financial statements. Financial statements, consisting of income
statement, cash flow statement and balance sheet, is a tool for entrepreneurs to track their
operations (Mariotti and Glackin, 2010). The knowledge of financial statement is not
acquired naturally, it is obtained from study. Not only the understanding of financial
statement, but also the financial ratio analysis are needed as an entrepreneur. In order to
cooperate with government, the entrepreneur needs to know the regulations such as taxes
and franchising. The lack of finance knowledge may be fatal. The Native Americans sold
their lands to a British hundreds years ago and they are excluded from their homeland by
the foreigners, however, if they lent the lands with a low rate, they will still be able to buy
it back today and even gained some returns from lending. Henry Ford surrendered most
of his stocks for the demanded capital, and he spent even more years than he expected to
receive money to buy back his stocks (Mariotti and Glackin, 2010). Some of the
entrepreneurs even gain returns from investing using finance knowledge. Warren
Buffet-"The Oracle of Omaha" , Peter Lynch-mutual fund manager, Benjamin
Graham-"The Father of Value Investing", give us vivid instances of making money just
through their wisdom of investing strategy driven from their solid knowledge obtained in
school (CapitalVia: Global Research Limited, n.d). The knowledge will drive the
entrepreneurs make the right decision for their business and operate better.
The fourth quality of entrepreneur is a good sense of dealing with people,
communication. People are not born with good communication since we all start from
learning languages, but they can start learning communication skills at an early age.
Communicating well means the entrepreneurs will get their potential customers and
gained more customers from a fabulous customer service. Salespeople will probably
become successful entrepreneurs since they will touch the customers directly and know
their needs (Mariotti and Glackin, 2010). Great entrepreneurs in the U.S. Such as Ray
Kroc --founder of McDonald, Aristotle Onassis, King C. Gillette, and W. Clement Stone,
are started from sales (Mariotti and Glackin, 2010). They sensed people's need and
started their entrepreneurship. A good communication is prepared, not born, in order to
sell your product. The entrepreneurs need to know their products, their business field, as
well as their customers. Still, communication skills are built up from the accumulated
experience. We learn communication skills through the relationships and the society of
others. It is a connection between people, and the successful entrepreneurs will know the
people's pros and cons through communication, thus will determine their future path of
the business.
Apart from innovation, experience, knowledge, and communication, qualities such as
teamwork & leadership, integrity, and passion are also important (Pinelli, 2001).
Teamwork and leadership is an essential ability that was gained from life, not born. It
required the entrepreneur "address complex problems by utilizing strengths of different
group members" and "create a synergy that increases innovation and successful
outcomes" (Reimers and Williams, 2009). The team has a big impact on the business, so
the entrepreneur need to organize his team well. It is the entrepreneur and leader's task to
"communicate and listen, ask questions and summarize, articulate a goal, and build
members confidence" (Reimers and Williams, 2009). These tasks like communication are
not born, however, they are trained through tasks and group projects. That's why the
business schools are teaching and training students the above skills. In addition to it,
integrity, which leads to an honest business, is also a personal skill that were highly
influenced from the living environment, not born. The business would not exist long if it
cheated its customers. "Integrity is a deal-breaker" (Anderson, 2008). The entrepreneurs
need to convince the clients to buy their product or invest their companies through the
method of integrity, so that they will gain profit and get funding for their business.
Passion, similar to ambition in entrepreneurship, makes your employment and business
experience upgrade into entrepreneurship level (Kamai, 2011). Everyone have passion,
and passion makes entrepreneurs start and grow their businesses. Passion is a personal
quality that was acquired from experience. It is a kind of confidence of your business you
alight with. Only when the entrepreneur targets his or her goal, will he or she have
passion in the business. Thus, Teamwork & Leadership, integrity and passion are not
made, but acquired after born.

Conclusion
In conclusion, there is many people become entrepreneurs. Famous entrepreneurs like
Jobs Steve, Bill Gates, and Warren Buffet made their business enormous. These famous
successful entrepreneurs are not athletes who were born with inherent body and muscles,
but they are nurturally made and trained through the practice of their business.
Entrepreneurs shared the same posterior qualities. A good sense of innovation will
survive a business from a crisis and make it the leader of its field, and the entrepreneurs
find opportunities from problems and make the innovations. Rich experience, ranking
number one of the factor of entrepreneurship, will make the entrepreneurs easily
overcome some business crisis and forecast its development. Well-rounded knowledge in
the field, like the application of financial statements, knowing the government regulations
is essential for the entrepreneurs to operate their business. Good communication skills,
gained from experience of dealing with people, will get the business leader potential
customers and gained a huge profit from it. In addition to all the above, teamwork and
leadership, integrity, and passion are also keys to entrepreneurship which are acquired
through training and practice. Moreover, these qualities are acquired, not born. One can
achieve a good sense of entrepreneurship by tempered himself through practice and could
gain the qualities in the tempering. Only by one's effort to acquire and temper the
qualities, will he or she become an entrepreneur.