Ted Talk- The Recipe for a Successful Entrepreneur

Write a overview reflection on the Ted Talk from the link below on Entrepreneurship in a one to two page paper. It can be double spaced and format of your choice. I am looking to know that you viewed the talk and understand the message of the presenter.

https://www.ted.com/talks/gabriel_duque_the_recipe_for_a_successful_entrepreneur

Don't use plagiarized sources. Get Your Custom Essay on
Ted Talk- The Recipe for a Successful Entrepreneur
Get an essay WRITTEN FOR YOU, Plagiarism free, and by an EXPERT!
Order Essay

ANSWER

 

 

 

 

 

 

Ted Talk-The Recipe for Successful Entrepreneurship

Name

Department, University

Course Name: Course Number

Professor

Date

 

 

Ted Talk-The Recipe for Successful Entrepreneurship

Gabriel (2018) came from a household of capitalists since is his parents possess companies which they have developed from the very beginning. Gabriel has always been fervent around entrepreneurship as well as business that led him to researching the formula for a successful entrepreneur. In his Ted Talk on “The recipe for successful entrepreneurship,” he focuses on the key factors that make an entrepreneur successful. According to Gabriel (2018), the three most important factors that an entrepreneur needs for success are persistence, vision, and an entrepreneurial friendly environment. Gabriel (2018) first explains that an entrepreneur is anyone willing to establish any business taking on financial risks in the hope that they will gain profit. Entrepreneurs are determined since they look at challenges as an opportunity for success. This means that they are determined to ensure that all endeavors are successful.

Persistent is a virtue of every successful entrepreneur. This is because it can be difficult to maintain success since everything takes a longer time than expected. Successful entrepreneurs are driven by persistence and dreams of believing that they should never give up on building a viable venture. Most of the co-founders of companies have spent years trying to developing a business.

For many of the entrepreneurs, starting a business is the result of many years of planning and dreaming. For instance, the CEO and Co-founder of Whatsapp Jan Kuom taught himself coding and computer skills and in 2009 he created the largest mobile messaging service in the world (Gabriel, 2018). He was persistent in going beyond living the minimum wage. It takes a lot of time and patience for an entrepreneur before they start getting profitable in their venture. This is because becoming a successful entrepreneur is a gradual process that demands passing each stage and concentrating on growth.

During the initial stages of a business, entrepreneurs go through hardship since they focus on the growth and success of the business rather than personal development. For instance, the profit gained during the early stages of business has to be re-invested back into the business (Gabriel, 2018). One of the challenges in maintaining persistence is lack of support from family and friends. Ideally, it is hard for family or friends to support something they fail to understand or fail to understand why one is doing.

An entrepreneur tends to look for opportunities through researching into the community and analyzing the problems it has or the service it likes. The main focus of an entrepreneur is to invest and make money from service in demand or from a solution they offer. Every entrepreneur has to have a vision that offers direction and sense of purpose to the identified opportunity. Entrepreneurs with vision can solve problems and offer appropriate and viable solutions.

For an entrepreneur to be successful they have to be in an entrepreneurial friendly setting. Ideally, an entrepreneurial friendly atmosphere is a setting that promotes innovation and puts a less challenges in an entrepreneur’s path (Gabriel, 2018). These obstacles may include excessive paperwork and high tariffs. An entrepreneurial friendly environment enables entrepreneurs to quickly react to opportunities as they appear. Over regulatory environment impacts the success of an entrepreneur since it influences the innovation and entrepreneurial opportunities.

In conclusion, Gabriel in his Ted Talk on the recipe of a successful entrepreneur has focused on three main factors that influence the success of an entrepreneur. These factors of entrepreneurial success include persistence, vision, and an entrepreneurial friendly environment. These are critical in shaping the path and success of an entrepreneur in every opportunity they discover.

References

Gabriel, D. (2018). Ted Talk-The Recipe for Successful Entrepreneurship. Available at: https://www.ted.com/talks/gabriel_duque_the_recipe_for_a_successful_entrepreneur

 

 

 

Homework Sharks
Order NOW For A 10% Discount!
Pages (550 words)
Approximate price: -

Our Advantages

Plagiarism Free Papers

All our papers are original and written from scratch. We will email you a plagiarism report alongside your completed paper once done.

Free Revisions

All papers are submitted ahead of time. We do this to allow you time to point out any area you would need revision on, and help you for free.

Title-page

A title page preceeds all your paper content. Here, you put all your personal information and this we give out for free.

Bibliography

Without a reference/bibliography page, any academic paper is incomplete and doesnt qualify for grading. We also offer this for free.

Originality & Security

At Homework Sharks, we take confidentiality seriously and all your personal information is stored safely and do not share it with third parties for any reasons whatsoever. Our work is original and we send plagiarism reports alongside every paper.

24/7 Customer Support

Our agents are online 24/7. Feel free to contact us through email or talk to our live agents.

Try it now!

Calculate the price of your order

We'll send you the first draft for approval by at
Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

We work around the clock to see best customer experience.

Pricing

Flexible Pricing

Our prces are pocket friendly and you can do partial payments. When that is not enough, we have a free enquiry service.

Communication

Admission help & Client-Writer Contact

When you need to elaborate something further to your writer, we provide that button.

Deadlines

Paper Submission

We take deadlines seriously and our papers are submitted ahead of time. We are happy to assist you in case of any adjustments needed.

Reviews

Customer Feedback

Your feedback, good or bad is of great concern to us and we take it very seriously. We are, therefore, constantly adjusting our policies to ensure best customer/writer experience.

× Contact Live Agents
Verified by MonsterInsights