GMGT 1010 Lecture 77: GMGT 1010 Lecture 77

• School: University of Manitoba
• Department: General Management
• Course: GMGT 1010
• Professor: Brock V.Cordes

Document Summary

Some entrepreneurs are driven by a firm belief that they can produce a better product, or a current product at a lower cost, than anybody else. Many entrepreneurs simply do not enjoy working for someone else o challenge. Excitement and the challenge of doing something new or difficult. Some people grow up in an atmosphere in which family members have started their own businesses, perhaps going back several generations. Natural for people to benefit monetarily from their ideas and dedication and to be rewarded for the money they risk and their hard work when they run a business. Some immigrants: lack of education, no canadian experience, and weak language skills makes it difficult to find employment. Other immigrants arrive with capital, skills, and strong entrepreneurial backgrounds. Personality to assume the risks, take the initiative, create the vision, and rally others to follow your lead. Self-directed, self-nurturing, action-oriented, highly energetic, tolerant of uncertainty, able to learn quickly.