Choose 2 successful entrepreneurs to research. These people could be famous, own
ID: 2748075 • Letter: C
Question
Choose 2 successful entrepreneurs to research. These people could be famous, own large businesses, own small businesses, or any combination of those characteristics. Research these individuals and their contributions to the business world. Explain your answers. How do you define success? Why do you think each of these people are so successful? (These could be different reasons.) For what are these people responsible, and what have they contributed recently to their respective industries and/or the world? What makes their ideas so unique that their business stands out among competitors? Which, if any, of their personal characteristics and/or business features would you adopt in running your own business? Do you feel there is anything these entrepreneurs could have done or could do differently in order to serve the macro community more efficiently?Explanation / Answer
Two individuals who own businesses are Reliance Industries owner. Anil Dhirubhai Ambani. He is the founder of the business organization. The another person is VG Panner Das. He is the pionner of the amusement parks in Chennai
1. Success is defined as the assigning a specifically defined target, and working towards achieving target and after puttinng a lot of hardwark, achieving the desired target. That is called success.
2. The reasons why these people are so successful are:
3. Reliance Industries is one of the major business families in India now. The Indian economy itself is moving based on the business of the Reliance group of company. That is the kind of impact they have today on the Indian ecomony. They are in all the products of the market. For about 25 years back, there were absolutely not any amusement part in Chennai. VGP golden beach is the only amusement park at that time in Chennai. He was the pionner in that field at that time. People were flocking to VGP golden beach at that time. Such is the impact he had.
4. They thinked out of the box at the start of the business. More importantly they were already ahead of their times. They were ahead by about 25 years. Looking ahead is the most important criteria in all the businesses today.
5. One of the features that I would adopt is thinking ahead of the current business. Thinking about what will happen in the next 20 years. Staying in the current state of operations will not take the business forward.
6. Nothing that they could have done differently during their business times. They were absolutely perfect in running the business. One thing that they could have done better is a proper succession planning
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