Essay - Psychology Entrepreneurial Characteristics Clearly, Richard Branson, Owner of the Virgin...

Psychology

Entrepreneurial Characteristics

Clearly, Richard Branson, owner of the Virgin brand, has a high need for achievement, which is why he continues to create new companies and new ideas. He was captain of his sports teams in his childhood, and he suffered from dyslexia, so he had to try harder ***** succeed, something he ***** done his entire life. As a child, his mother encouraged him to challenge himself, and it seems that need for ***** ***** achievement has continued throughout his life.

*****'s ***** for autonomy is not as legendary as many other entrepreneurs, but he certainly has a l*****rge ego - big enough to star in many different telev*****ion shows and make cameo appearances ***** many *****s.

Change and dominance is also high on Brans*****'s list of characteristics. ***** attempts ***** dominate every business he enters, from airlines to vodka, and he is always adding new companies to his empire, which leads to change throughout his organization. He ***** sits on the boards of ***** charities, including some ***** *****'s own *****, which ***** his ***** ***** of the brand he **********.

In Branson's case, nearly his entire entrepreneurial career has been based on elements ***** risk taking. ***** began his ***** by selling imported records out of the trunk of his car on L*****don streets. He made enough money to build a recording studio in his home and began releasing records of artists other companies would not produce. He also branched out into other industries, such as airlines and railroads, which many people thought w***** too risky. In his personal life, he attempts to set *****orld ***** in many areas, which shows ***** need to take personal risks as well.

***** career shows his use of intuition in his *****. ***** signed recording artists like Culture Club and the Sex Pis*****ls that others would not, and then saw them create hits. He also acknowledges he relies on instinct in many of ***** business decisi*****s.

***** Gates may be t***** perfec***** model of an entrepreneur. He has a continuing high need for *****chievement and recognition, and rules Microsoft nearly as a despot. ***** ***** is the richest man in the world, and came from a ********** family. (His mother w***** a college regent ***** the head of United Way.)

***** was known ***** years as an autonomous loner. He did not marry until he was nearly 40, and ***** keeps a very low public profile, un***** the more charismatic ***** outgoing Branson.

Gates is legendary for his need ***** dominance. Neither he nor Branson "*****" to work anymore, t*****y could live comfortably off their income for the rest of their lives. However, Gates ***** to r***** *****, and be involved in all the decision making. He is "t*****ansitioning" out of the leadership role to lead his charitable foundation, ***** it will take two ***** ***** he will still be ***** in high-level decisions. It seems it is very difficult for him to give up the reins and he