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Entrepreneurship & Small Business Management

The document discusses how background and experience can help or hinder entrepreneurship. Experience is a key factor for success, as it provides knowledge that can be applied to both professional and personal endeavors. Experienced entrepreneurs are better able to handle challenges and efficiently manage their businesses. The founder of Oxford Gene Technology, Sir Edwin Southern, is provided as an example of how experience in molecular biology allowed him to start a successful company in that field. His expertise helped Oxford Gene Technology become a globally recognized leader in developing new diagnostic tools.

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Nazmul Hasan
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125 views8 pages

Entrepreneurship & Small Business Management

The document discusses how background and experience can help or hinder entrepreneurship. Experience is a key factor for success, as it provides knowledge that can be applied to both professional and personal endeavors. Experienced entrepreneurs are better able to handle challenges and efficiently manage their businesses. The founder of Oxford Gene Technology, Sir Edwin Southern, is provided as an example of how experience in molecular biology allowed him to start a successful company in that field. His expertise helped Oxford Gene Technology become a globally recognized leader in developing new diagnostic tools.

Uploaded by

Nazmul Hasan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

Entrepreneurship &

Small Business
Management
Introduction
 Entrepreneurship means originating a new enterprise considering
land, labor, natural resources, capital, and bearing any of its risks in
order to gain profit. (Business Jargons, 2019)
 Entrepreneurship is an idea of self employment.
 They are doing various kinds of potential business and implying their
unique ideas to make entrepreneurship richer.
 Entrepreneurs have a strong level of dedication to Entrepreneurship.
 There are various types of entrepreneurship and they vary from each
other in characteristics and facilities.
 Entrepreneurship is a cure of Unemployment.
P7 Examine, using relevant examples, how
background and experience can hinder or
foster entrepreneurship:
 Experience is the key factor of any work to be successful.
 Pieces of knowledge gained through to experience can be
utilized birth in professional and personal life.
 Experiences make entrepreneurs able to face any kind of
challenging situation.
 Experiences also make an entrepreneur efficient to drive its
business in an appropriate way.
 The founder of Oxford Gene Technology ltd. Sir Edwin
Southern is bright example of an experienced entrepreneur.
 As was is very experienced in molecular biology, he founded an
organization that goes with his area of expertise.
 Oxford gene Technology ltd is now a reputed organization not only
in the UK but also worldwide.
 It has customers above 60 countries (Cambridge science park, 2020)
 In 2016, the organization developed new FISH probes for pig,
chicken, and mouse (Oxford Gene Technology, 2018).It was a great
achievement.
 The organization could never go this far if the mentor Sir Edwin
Southern had no experience in the field of work of the organization.
 He enriched the organization with his experience in molecular
biology.

 He had knowledge and efficiency that helped the organization to


come this far to the peak of success .
Conclusion

Entrepreneurship is a great supplement to the economy as well as


an effectual solution to the unemployment problem. The increasing
rate of entrepreneurship can be a sparkling example of prospering.
As entrepreneurship allay the unemployment anathema and
contribute the significant exploit, The United Kingdom government
should make more compatible and easy policy what makes people
enthusiastic to be an entrepreneur.
Reference
Business Jargons, 2019. Entrepreneurship. [Online] Available at:
[Link] [Accessed 06 June 2020].

Cambridge science park, 2020. Oxford Gene Technology. [Online] Available at:
[Link]
technology/ [Accessed 10 June 2020].

Oxford Gene Technology, 2018. History of OGT. [Online] Available at:


[Link]
%201995%20by%20Professor,research%20solutions%20to%20customers
%20worldwide.&text=Content%20further%20expanded%20for%20OGT's,fully
%20optimised%20cancer%20related%20genes. [Accessed 10 June 2020].
THANK YOU
ANY QUESTIONS?

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