Analyse a current entrepreneur and his/her business venture Essay
Hi~ Could you help me write an essay about analysing a CURRENT entrepreneur who is a citizen from one of the following countries: New Zealand, Canada, Indonesia, and Japan. The chosen entrepreneur must be the person who founded the business(es) (himself/herself or with the team), and currently still running/controlling the business(es) which was/were set up and is/are headquartered in the above countries? Thank you! (If there is anything may helpful, I will send to you later :)
Essay Requirement:
Analyse a CURRENT entrepreneur who is a citizen from one of the following countries: New Zealand, Canada, Indonesia, and Japan. The chosen entrepreneur must be the person who founded the business(es) (himself/herself or with the team), and currently still running/controlling the business(es) which was/were set up and is/are headquartered in the above countries.
Report format with headings and sub-headings, 12 Times New Roman font, 1.5 spacing to be used. Critical analyses and reflection on relevant entrepreneurship theories required, not just a simple presentation of the entrepreneur’s biography.
Suggested structure:
• Cover page
✓Name, student ID, class day & time
• Introduction
• Background of the entrepreneur
✓ Discuss the background of the entrepreneur (i.e. history, development, family and socio-cultural background) to see what developed his/her entrepreneurial passion/propensity and contributed to this person’s entrepreneurial pathway/success (with reflection on/application of the relevant entrepreneurship theories).
• Entrepreneurial traits/characteristics
✓ Discuss the characteristics/traits of the entrepreneur (with reflection on/application of the relevant entrepreneurship theories).
• Opportunity recognition and idea development process
✓ Discuss the processes of opportunity recognition and idea development (with reflection on/application of the relevant entrepreneurship theories).
• Competitive advantages
✓ Discuss the type of business developed and the competitive advantage(s) of the business compared to competitors in the market (to be supported with relevant facts/figures/research where possible, with reflection on/application of relevant theories).
• Recommendations
✓ Discuss future suggestions for the entrepreneur including different types of businesses or avenues (e.g. franchising, mergers, expanding/selling their business etc) he/she may take.
References (12 references required, among which at least 05 academic references needed; Harvard referencing style. All references used in the report MUST be in English). The cover and references are NOT counted in the word count.
Masayoshi Son
Student’s Name
Course
Professor’s Name
Institution
Location of Institution
Date
Masayoshi Son
Introduction
Entrepreneurship is a challenging prospect particularly in situations when the environment is less conducive for the individual. Masayoshi Son is one apparent case scenario whose entrepreneurial journey can be a worthwhile case study. Masayoshi is a Japanese of Korean descent who studied computer software in the United States (U.S.). Later, he returned to Japan to begin his popular company, Softbank, which was primarily meant to distribute software solutions. The group has expanded immensely to the extent of creating Softbank Vision Fund that has already raised $100 billion to invest in artificial intelligence (AI) solutions in every industry. The companies and national wealth funds backing this fund means that the entrepreneur has gained tremendous confidence among investors. His ability to recognize business opportunities since his time at school could be the reason that justifies his proficient in this discipline. Masayoshi Son is a Japanese who has succeeded in the creation of businesses and offers the audience an opportunity to comprehend the attributes of such a character.
Background of the Entrepreneur
In the entrepreneurial circles, Japan ranks highly considering its people’s contribution to the country’s prosperity. The Asian country has produced some of the most proficient, but few have been immigrants. Masayoshi Son enters this circle as he is of Korean origin meaning that his presence here deserves much recognition taking into account challenges that immigrants face in succeeding in a foreign country (Awotoye and Singh 2018). According to Son, his colleagues in grade school degraded the fact that he was Korean and threw stones at him (Perlberg, 2013). He even had to take the name Yasumoto so that he could fit into their Japanese environment.
His mentor, Den Fujita, who was McDonald’s Japan founder, advised him to go schooling in the United States (U.S.). It is in the U.S. where he learned to speak fluent English and more importantly, pursued computer science. The case for change in scenery and more so, the ensuing cultural differences cannot be undermined. Culture is crucial in business because it impacts their values and behavior (Zhao, Li, and Rauch 2012). The same can be said of Masayoshi whose proficiency in English translated to respect from the Japanese community. Besides, it helped take his Pac-Man consoles business to another level as he imported them from Japan and brought them to Northern California where he leased them to local bars and restaurants. After he graduatedfrom Berkeley University, Masayoshi returned to Japan where he launched his most popular venture to date, Softbank.
Characteristics/Traits of the Entrepreneur
Individual’s characteristics differ significantly. In this regard, it appears as though certain traits define the entrepreneur. According to Coon and Mitterer (2012, p. 390), personality traits refer to the “stable qualities that a person shows in most situations.” The personality theorists attest to an entrepreneur’s inborn capabilities being fundamental to the success that their s...
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