1.Analyze and describe the founding leader(s), leadership style, and major(ip) business principles of a profit- orientated entrepreneurial approach in which the elemental goal is to provide a product or attend to to consumers and to make a profit.
Steve Jobs is the prime example of the profit oriented entrepreneur. He got involved in the computer business, because he see something that had probable to make money. He had a great kernel for vision. When Wozniak, his partner, was just playing around, he saw the great potential that lie in the computer he was building. The article says, he convinced his friend to go into business with him (Entrepreneur.com, n.d.).
Steve Jobs led by example. He was also a serial entrepreneur. He had several(prenominal) companies that he worked for: Apple, Pixar, and NeXT Computer Co. He would work with a company until either it did not work appear or the company got rid of him, but nothing ever killed his spirit. He had a great tolerance for failure. He also had the reliance and creativity to create a computer and put it out on the market no matter how astronomical the cost. He was optimistic in the face of turmoil, when he returned to Apple to benefactor them turn the situation around. He knew what was needed and worked towards making the product.
He also showed the need to achieve and and strong internal locale of control. Steven Jobs leadership style has been called dictatorship by some (Allen, 2011). He acted on his induce feelings. When he returned to Apple, he decreased the depend of products being sold from 350 to only 10 within a year or twos time. He stuck to his own instincts for decision making. He belittled staff members for their ideas and talked down to them, still people continued to work for him.
For profit entrepreneurs focus primarily on how the product can make them money kind of than how the product they sell can make anyones look better or easier in any way. They look at their investment into...If you want to get a full essay, set out it on our website: Orderessay
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