ENTREPRENEURSHIP PERFORMANCE TASK#2&3
12/ITCP/1A/CAÑADA
Educational Blog
In this Blog, you will know the character traits of some successful entrepreneurs and how they used their characteristics to help them achieve success. This blog also explains why the following entrepreneurs have this kind of traits and how did they used it to overcome their huge challenges in life. Enjoy the blog!
1. JACK MA
Persistent
Jack Ma is one of the very successful businessmen in the world, he did everything he could to learn new things which makes him the man he is now. Continuing firmly despite the difficulty in life, Jack Ma is able to get opportunities out of it. He has the drive to not give up on things he wants to have. Jack Ma is persistent because even he was rejected in his 30 job applications and also got rejected in enrolling on some known universities, he is still able to stand up many times. The ability to take repeated actions and trials in order to overcome the obstacle is one of Jack Ma’s character traits. Being persistent enough to innovate for society’s improvement. Jack Ma was successful because of the personal sacrifices and effort he gave for his dream.
2. BILL GATES
Opportunity-seeker
Being one of the top 10 richest men in the world is a huge achievement. Bill Gates is the co-founder of Microsoft. Bill Gates has a great academic performance in school, especially in mathematics. He use his intelligence in mathematics on his programming skills and with that, he was able to practice programming at an early age. As the years passed, Bill Gates and Paul Allen co-founded Microsoft in 1975. The company is servicing small software products since they do not have staff to assign some sales tasks. A year passed, the company was having financial problems which brings Microsoft down for the meantime. This is the time where Bill Gates has really shown his character trait, being an opportunity-seeker. After the financial crises, Gates had the courage not to give up and lose hope. Gates and Allen came up with an idea and launch MS-BASIC. This idea help them regain their profits back and if it wasn’t because of this, Microsoft wouldn’t have a deal with IBM. Gates accepting the deal of IBM is also the same as Gates grabbing the opportunity. Their deal with IBM is what leads them to improve and to be successful, which after that the Microsoft company was co-founded.
3. ELON MUSK
Risk-taker
Elon Musk is the richest man in the world and he is also a very creative person. Imagine making a fully functioning electric car, a rocket that can go back and forth without being detached. All of this is wouldn’t be possible without Elon’s idea. Elon Musk along with his brother made an internet company, while running the business they faced a financial crisis. Elon does not have a choice but to sell his internet company to Compaq. After selling his company he used the money to invest in his next venture and that’s the time where he co-founded X.com. Elon decided to merged his new company with another company that services Paypal. After merging he gained a lot of money. Elon Musk became a risk-taker after making a huge gamble. He is deciding whether he retire and enjoy life with his money or use his money to invest in making a new company with the uncertainty of it to be successful. Now Elon has used money and made two companies, Tesla and SpaceX. These two companies made Musk the richest man in the world.
4. JEFF BEZOS
Committed
Jeff Bezos is an American entrepreneur and e-commerce pioneer. He is the one who co-founded the online store Amazon.com. Jeff is an intelligent man, using his intelligence to create new ideas for the benefit of the whole world. Bezos started Amazon, in Seattle to click in the potential internet market. At first, he made a list of some products he want and sell them with the help of the internet. In the end, he chooses books because it has a variety of titles. Bezos also observe that internet store doesn’t have to pay taxes in states because it online won’t involve physical contact. After that he decided what to name on the internet store, he came up with MalketSo, Awake, Cadaver, and Amazon. He chose Amazon because it is the longest river and it has relevance to the largest bookstore. Jeff Bezos’s character trait is being committed. He is committed because he doesn’t lack interest in what he is doing. His interest is to always have his customer approach in mind, his priority is for his customers’ comfort, accessibility, and availability. Jeff Bezos is committed to his interest which makes him a good entrepreneur.
5. KENNETH COBONPUE
Goal-setter
Kenneth Cobonpue is from a Chinese family and he was born in Cebu Philippines. Growing up loving kinds of furniture and awesome architecture. It is because of his mother why he loves so much furniture affairs around the world. Interior Crafts of the Islands, Inc. was the name of his mother’s furniture design and manufacturing company. After his mother died, he faced many challenges because of the lack of advanced technology here in the Philippines. He lost most of his clients because of it but Kenneth did not lose hope. He continued his passion, making wood crafts with natural materials. As of now Kenneth is successful, because of the uniqueness of his crafts, he received a lot of achievements and his crafts are recognized around the world. Kenneth Cobonpue is a goal-setter because when he is having a hard time building his company, he took classes at different universities both local and national for him to gain enough knowledge about arts and marketing skills. That is how he achieved his dreams, by setting goals and objectives as a guide on building a better business.
Submitted by: Neil Ashley Cañada
Submitted to: Ms. Steffi Jane Tadlas
Sources:
https://www.forbes.com/sites/rainerzitelmann/2019/11/04/the-jack-ma-story-why-thinking-big-is-more-important-than-technical-knowledge/?sh=544d2f51419c
https://businessconnectindia.in/bill-gates-success-story/
https://thestrive.co/elon-musk-success-story/
https://www.vyapaarjagat.com/fortune-500/jeff-bezos/
https://queencitycebu.com/success-story-kenneth-cobonpue-rattans-first-virtuoso/