Entrepreneurship Essay Example | Topics and Well Written Essays - 500 words - 2

Entrepreneurship - Essay Example Apparently, there are major pitfalls of entrepreneurship because of entrepreneurs’ insubordinate attitude towards corporate management and their overemphasis on the necessity to be active both at corporate success and failures as to avoid blaming themselves for observed internal weaknesses of the company they are involved in. However, the creative energies of the entrepreneurs provide a lot of benefits to the other shareholders, particularly the consumers and the community. For example, Google is becoming the dominant search engine in the World Wide Web because of few competitors in the field. This situation can be described in economic terms, as oligopoly which is rather disadvantageous to Internet users because of very minimal options to choose from. Entrepreneurs then, being heroic in their standpoint, have the positive and innovative energies to generate other search engines that would vie with Google. The high risk of solvency of a start up business is a reality that no one could challenge. Nevertheless, entrepreneurs have the imagination and the creativeness to turn any challenge to one that is worthy of time and effort. The problem only arises for the entrepreneur when the company achieves high growth and the demand to have people as work partners become inevitable. If that is the case, then entrepreneurs could find new channels where they could pour over their inexhaustible ingenious vigor and consequently aid the development of the local economy. Dan Bricklin’s remarkable story of entrepreneurship is a framework of nature and nurture mishmash. He was born in a family of entrepreneurs and his inventive and daring spirit made the rich possibilities for him to trail a line of technology business venture. As the son of a creative entrepreneur, Dan Bricklin was able to observe the actual running of a business dedicated to printing press. Moreover, his years of academic education endowed him