Integrative Case Study: Entrepreneurs.

2252 words - 9 pages

In order for any business to succeed, it is imperative for its leader to have, and then subsequently demonstrate, several important qualities. These include the ambition and drive of an entrepreneur, the ability to lead, organise and inspire, as well as the capability to recognise valuable commitment worthy of reward. Sarina Russo, a high-profile Brisbane businesswoman, and her rewarding career, encapsulate these qualities and serve to outline the benefits that an entrepreneur's motivation can produce.Entrepreneur Extraordinaire.Sarina Russo can justifiably be described as an entrepreneur. An entrepreneur is defined as "someone who is willing to pursue opportunities in situations others view as problems or threats" (Campling et al. 2004, p.242). When applied to business, an entrepreneur starts new ventures that introduce new products or new services to the market (Campling et al. 2004, p.242). Entrepreneurs are a valuable asset, as they allow for the global economy to develop, innovate and thrive. For these reasons, Sarina Russo's importance and contribution to society have proven to be of great value.The most recognised characteristic of an entrepreneur, to introduce a new product or service, was undoubtedly displayed by Sarina when she established her first business, The Office Business Academy, in 1979. Sarina has stated that shortly before she established her own business, she was a 'dormant' entrepreneur. The Office Business Academy has now advanced into the Russo Institute of Technology, and twenty-four years after establishing her first business, the Sarina Russo Group, with Sarina as the Managing Director and CEO, represents five businesses in total. Additionally, there are six other typical personal characteristics commonly found in entrepreneurs that Sarina appears to demonstrate. Sarina has high internal control, as well as a high energy level. From the beginning, Sarina believed that she alone controlled her destiny, and worked hard and persistently in order to succeed. Sarina has a high need for achievement, as demonstrated by her unwavering drive and passion, as well as a tolerance for uncertainty, shown by her willingness to take risks and establish new ventures. Sampson (2000, p.28) states that there is "nothing like a challenge to drive a true entrepreneur". Sarina's achievements require a high self-confidence, another characteristic, as well as a desire for independence, so as to work at their own pace and be their own boss. Finally, Sarina is clearly action oriented, as throughout her career she has operated efficiently, effectively and actively.In addition to personal characteristics, entrepreneurs can also be influenced by their background and experiences. In particular, childhood experiences and the family environment play a large role. It is stated that "entrepreneurs are raised in families that encourage responsibility, initiative and independence" (Campling et al. 2004, p.245).For Sarina Russo, the many stages and...

Find Another Essay On Integrative Case Study: Entrepreneurs.

Second Language Learning: Factors Affecting Success in Learning a Second Language

1547 words - 6 pages , integrative motivation has been found to sustain long term success (Crookes and Schmidt, 1991). Instrumental motivation has only been acknowledged as a significant factor in some research, whereas integrative motivation is continually linked to successful second language acquisition (Holt, 2001). According to Holt (2001).Generally students select instrumental reasons more frequently than integrative reasons for the study of a second language. Those who

Starbucks Essay

564 words - 2 pages viewed as the most important asset of the business and is rewarded with stock options and good benefits despite the lower pay wage. He is truly winning his respect and loyalty "one cup at at time."Works CitedGreat Entrepreneurs. Biography: Howard Schultz. www.myprimetime.comStarbucks Corporation-Starbucks Case Study. www.mhhe.comTucker, Daile. "Are you an Entrepreneur?"

Women Entrepreneurs: Choosing between Business and Family

1488 words - 6 pages . Specifically in the case of women entrepreneurs, there are dilemmas and conflicts in reconciling the different roles they must assume as moms, wives, homemakers and managers. The way in which these dilemmas are solved seems to impact directly on the size of female-owned firms. This chapter presents the results of a research that addresses the case of women entrepreneurs in Colombia and that documents the ways in which they have reconciled their

Bluetronics Simulation

1791 words - 7 pages more likely to reach integrative deals, as we saw was the case in the Bluetronics V. Vaultcorp exercise. Providing Information about Your Interests and Priorities The challenge associated with what information you should share with the other negotiator is always a sensitive subject. If the wrong information is shared, it can put one side at a distinct advantage over the other. In the exercise JP did a great job of revealing information, which

Integrated Supply Chain

767 words - 4 pages company decides that they want to integrate their supply chain they must include the suppliers early in the process. In the case studies provided during the course there are examples in the Wal-Mart case study that highlight the benefits of using integrated suppliers into the core of their operations. Wal-Mart actually controls the inventory flow into their warehouses allowing them to manage their cross-docking operations, enabling them to carry

Following the pathway of female entrepreneurs

8280 words - 33 pages information where possible.This form of "shallow case" data collection has been successfully developed and implemented by Ragin (1987) which has now been applied in social science research. This innovative method combines the intensity of information gathered through case study research with the additional advantage of examining a larger number of cases (Ragin and Zaret, 1983).ParticipantsFifty-six female entrepreneurs were selected as viable

The evolution of negotiation. In essence this paper argues that the definition of negotiator success has changed.

7640 words - 31 pages gain and thus engage distributive strategies. This study will make a case for the distinction between the three--individualists, competitors, and cooperators.Conducting research in game theory Messick and McClintock (1868) recognized that motivational orientations could affect how an individual played the game. From their early work, they classified cooperators as maximizing joint-gain, competitors as maximizing relative-gain, and individualists as

Entrepreneurship in Australia

1193 words - 5 pages number of entrepreneurs in Australia is lower than other developed countries. According to Autio (2007, 12), compared to other affluent nations, Australia and New Zealand have more entrepreneurs, and then North America. Entrepreneurship in Australia is at a higher level as a result of two aspects: innovation and start-up rate. There is no denying that innovation is a significant indicator, which can measure the level of entrepreneurship (Kukoc and

Mental Health: A literature review

769 words - 3 pages . The impact that his mental illness has had on my family for the past 14 years has been like a rollercoaster, and dealing with a system of revolving doors. Mental illness is hard for people to understand and grasp, especially the loved ones.The evidence that this is a primary research article is that in the abstract it states that this paper reports on a phenomenological study, the specifics of why the study is being performed is clear. It also

BUS 499 Business Scorecard

635 words - 3 pages organizations. This is a shame seeing as small businesses represent more than 99% of all employers, and employ more than half the private work force according to an article in Small Business America published in 2003. Small business entrepreneurs create more than two out of every three new jobs and generate about 50% of the nation's gross domestic product.In regards to the companies analyzed in this case study, the customer perspective was for the

The Impact of Entrepreneurial Characteristics on SME Performance

2446 words - 10 pages invest in that business. But the point is that prior to Investment they do not think about the future of that Business in next few years, what would be the market demand in future? Instead, they imitate the current trends and current demands of the market, which lead them to the failure”. In these types of problems and uncertain situations, the entrepreneurs can do allot for the development and success of the SME’s. According to Thompson, L

Similar Essays

The Development Of Integrative Health Care

743 words - 3 pages method approach was a good choice because Brazier, et al., 2008 was able to demonstrate and evaluate the “process of care/healing” and “outcome associated with integrative care,” both evaluation methods were mentioned in the article as needing more research. The mixed method approach to this case study helped provide and in depth knowledge to addressing the impact of future studies on participants in an integrative health care program. As trends

The Emerging Field Of Social Entrepreneurship

2180 words - 9 pages respectively. With a resource-based view perspective, the discovery of how social entrepreneurial organizations reach the goal of scaling out social impact can be uncovered. Resources are used to either gain a profit, or in the social entrepreneurship case achieve sustainability.Social entrepreneurs can reach sustainability through proper resource management and mobilization strategies (Wernerfelt, 1984). The resource based view seems to be an

By Anne Merritt Essay

563 words - 2 pages . Learners who study a language with the aim of better understanding a culture, language, and society are integratively motivated.In this case, language aptitude is the tool for building relationships and meaningful communication. Linguistic studies show that integrative motivation yields faster and more effective language learning results than other types.The desire to communicate with a partner and honour their culture can accelerate language

Entrepreneurial Skills And The Entrepreneurial Instinct

2381 words - 10 pages and discouragement Okpara (2007). Innovation is the process of metamorphosing ideas such as Dysons revolutionary vacuum cleaner idea into reality. This process typically requires entrepreneurs to be exposed to high levels of risk. Many researchers characterise entrepreneurs as risk takers (Brockhaus, 1980), (Johnson, 1990) and (Hisrich and Peters, 2010). However when we study successful entrepreneurs we find that a critical factor in their