Monday, November 18, 2019
Analysis of Steve Jobs as an entrepreneur Essay Example | Topics and Well Written Essays - 500 words
Analysis of Steve Jobs as an entrepreneur - Essay Example This study will look to analyse Steve Jobs as an entrepreneur by evaluating him with Saras D. SarasvathyÃ¢â¬â¢s work on Ã¢â¬ËEffectuation: Elements of Entrepreneurial ExpertiseÃ¢â¬â¢. The study by Saras D. Sarasvathy (2003) was done with an endeavour to seek an answer to question related to the fact that Ã¢â¬Ëwhat makes a successful entrepreneurÃ¢â¬â¢s brain different from the average personÃ¢â¬â¢ (Young Money, LLC, 2011). The main findings of the study were related to Ã¢â¬Ëprocess elements of entrepreneurial expertiseÃ¢â¬â¢, Ã¢â¬Ëprinciples of entrepreneurial expertiseÃ¢â¬â¢, and Ã¢â¬Ëeffectuation: the logic of entrepreneurial expertiseÃ¢â¬â¢ (Sarasvathy, 2003). The conclusion that Saras D. Sarasvathy derived from her research was that most successful entrepreneurs generally rely on the factor of Ã¢â¬Ëeffectual reasoningÃ¢â¬â¢. It means that they primarily define their goals based on the choices as well as the means they are provided with. Successful entr epreneurs are observed to be brilliant improvisers. They generally do not start their business venture with tangible goals, but they look to constantly assess situation to find ways to make most effective utilisation of the available resources. They look to use their personal strengths in order to develop different goals extemporaneously.