Question

There is a considerable debate about whether or not entrepreneurs are born or made. Discuss in detail in which you provide and critically examine the key issues in this debate. What conclusion[s], if any, do you come to, about entrepreneurship?​

Answer 1

The question of whether entrepreneurship is a result of nature or nurture is a commonly debated topic. Those who argue that entrepreneurs are born suggest that certain individuals possess inherent characteristics that make them better suited for entrepreneurship. These traits may include risk-taking propensity, creativity, resilience, and adaptability. On the other hand, those who argue that entrepreneurship can be learned maintain that anyone can become an entrepreneur through education, mentorship, and experience.

One key argument in favor of the “born” theory is that it is difficult to teach certain personality traits that are important for entrepreneurship, such as a high tolerance for ambiguity and strong leadership skills. Proponents of this theory also argue that entrepreneurs possess a certain level of self-confidence and are naturally able to identify and capitalize on new opportunities.

However, the “made” theory suggests that entrepreneurial skills can be developed through education and experience. Formal entrepreneurship programs can teach individuals how to start a business, identify new market opportunities, and manage finances effectively. Additionally, the role of mentorship and networking in entrepreneurship cannot be overlooked, as successful entrepreneurs often attribute much of their success to the guidance of a mentor or supportive community.

Ultimately, it is likely that the answer lies somewhere in between the two theories. Certain individuals may be more naturally inclined towards entrepreneurship, but this does not mean that entrepreneurship is an exclusive club that only a select few are capable of joining. Rather, with the right education and experience, anyone can develop the necessary skills to start and run a successful business.

In conclusion, while there are arguments to be made on both sides of the debate, it is important to recognize that entrepreneurship is a complex and multifaceted concept. It is likely that neither nature nor nurture alone can fully explain the success or failure of an entrepreneur. Rather, entrepreneurship requires a combination of innate traits, education, and experience that must come together to create a successful business.

Answer 2

The debate on whether entrepreneurs are born or made has been ongoing for decades. Some people believe that entrepreneurship is an innate characteristic that people are born with, while others argue that it can be learned through education and experience. In this essay, I will discuss the key issues in this debate and critically examine them. I will also provide my own conclusion on entrepreneurship.

One argument in favor of the born perspective is that entrepreneurs possess certain inherent qualities that set them apart from others. These qualities include creativity, risk-taking, passion, and resilience. According to this view, these qualities are part of an entrepreneur’s genetic makeup, and they cannot be learned through education or training.

On the other hand, those who argue that entrepreneurs are made believe that entrepreneurship is a learned behavior. They argue that entrepreneurship can be taught and learned through education, training, and experience. This view suggests that anyone can become an entrepreneur if they have the right mindset and skills.

Another key issue in this debate is the role of environment and upbringing. Proponents of the born perspective argue that entrepreneurs are more likely to come from families or environments that foster entrepreneurship. They suggest that entrepreneurship is a product of nurture rather than nature.

In contrast, those who argue that entrepreneurs are made believe that anyone can become an entrepreneur regardless of their upbringing or environment. They suggest that entrepreneurship is a product of education, training, and experience.

While there are valid arguments on both sides of the debate, I believe that entrepreneurship is a combination of both nature and nurture. Some people may be born with certain qualities that make them more likely to become successful entrepreneurs, but these qualities need to be developed and refined through education, training, and experience.

Moreover, I believe that entrepreneurship is not just about starting a new business or venture. It is a mindset and a way of thinking that can be applied to any area of life. Anyone can learn to think like an entrepreneur, and this can lead to success in any field.

In conclusion, while there is a debate about whether entrepreneurs are born or made, I believe that it is a combination of both. Entrepreneurship requires a certain mindset and qualities that some people may be born with, but these qualities need to be developed and refined through education, training, and experience. Anyone can learn to think like an entrepreneur, and this can lead to success in any field.