TASK 1
a).Different Entrepreneur Examples
①Ability to learn from mistakes
The legend of shiyuzhu
In more than 20 years, in the tide of China's reform, shi yuzhu is undoubtedly one of the most legendary figures.Started in 1989, with 4000 yuan debt, in just five yearsForbes'"China rich list" eighth, wealth vaporised immediately and descended into debt of 250 million yuan of "China's first poor".Shi yuzhu like a puzzle, so bizarre green instantly, he and his brain platinum and gold partner these redHealth care productsThe relationship of almost imperceptible fineness always.Shi yuzhu is one of the early Chinese the best computer programmers.Developed in the 1990 s, shi yuzhu giant who occupied the domestic Chinese card seriesThe market shareThe first.Shi yuzhu to return to the IT industry in 2004, the first independent research and development operationsThe network game"The journey" a huge success.In October 2007, shi yuzhu's journey "network" renamed "giant".By July 1995"Forbes"As China's eighth, and is the only started with high-tech entrepreneurs.
The tide of economic reform in China, shi yuzhu is undoubtedly one of the legendary entrepreneurs.From impoverished youth entrepreneurship, to the number 8, one hundred millionrichTo the liabilities of more than two, "the nation's poorest people" to the billionaire capitalist, As he experienced from success to failure to success .He can show us the skill of learning from mistake .However hard he has experienced.He still was willing to instead doing his own business .Don’t give up ,is like his living .
experience
· The giant company was established in 1991.
· 1992 zhuhai giant building design scheme of 38 layer.Then this one change again, from 38 layer up to 70.
· In 1993, only the year when the Chinese handwriting computer and software sales reached 360 million yuan, become the giant among China's second largest after the crossPrivate high-tech enterprises.Zhuhai shi yuzhu become the second prize of intellectuals.
· In early 1994, the first phase of the giant building ground.In August launch brain gold.Shi yuzhu elected man of the reform of China's top ten.
· At the beginning of 1997, failed to timely completion of the giant building, domestic purchase 'one person every day to ask for a refund.Soon, the giant building to cease, and the giant in name only, but has not been bankrupt.
· In 2000, shi yuzhu "from" after two years, and in the media.According to its introduction, he and the original cast team in Shanghai and jiangsu and zhejiang business, trying to make a comeback, do is "brain platinum" business, it is said that is good.He has repeatedly said: "the money of the common people, I must still."
· In January 2001,Shanghai health biotechnology companyThrough planning director shi yuzhu zhuhai and acquisition of the giant building 'debts.At the same time, the new giant was registered in Shanghai.
· On March 2, 2007, shi yuzhu stepped down as CEO cross holdings.
· On July 26, 200, created the cayman islands holding company now giant network technology co., LTD., a wholly owned subsidiary and its Eddia international group (hereinafter referred to as "Eddia").
· On September 6, 2006, Eddia journey in China created a wholly owned subsidiary Shanghai information technology co., LTD. (hereinafter referred to as "journey information").Through Eddia, shares held journey all information.
· On June 11, 2007, changed its name to the giant network technology co., LTDThe giant network group。
· On September 24, 2007, Shanghai journey network technology co., LTD. Was renamed Shanghai giant network technology co., LTD.The giant network groupShanghai journey is the holding company of the network.
· On November 1, 2007 giant network in the United States listed on the New York stock exchange, assets exceeded 50 billion yuan
· April 9, 2013, shi yuzhu stepped down as CEO giant interactive group co., LTD., the resolution will take effect on April 19, 2013.Mr Shi yuzhu will continue to retain its giant network company chairman of the board of directors.
②Initiative
Thomas Alva Edison
Age: 84yrs
Birth Place: Milan, Ohio, USA
Industry: Science
Influence: His Inventions Changed the World
Net worth: $12,000,000
Why they made the list…
I felt obligated to add Thomas Edison to this list due to his motivation and persistence which makes him a true entrepreneur, even after thousands of failures. Now although Thomas didn’t have a terrible upbringing in terms of the money sense, he was a very poorly child. Ill a lot of his early life, he suffered from a severe ear infection that rendered him deaf in one of his ears although it has been said he was deaf in both. He also developed scarlet fever as a boy nearly dying because of it, but it didn’t stop him. After becoming a minor celebrity for saving a toddler from being hit by a train, Thomas was offered a job as telegraph operator.
Thomas went on to create thousands of inventions and patents, failing a lot more times than succeeding. However his first taste of glory came when he developed the tin foil phonograph, after working as a telegraph operator he wanted to create a way of making a telegraph transmitter to work in a more efficient way. He did this by realising that it sounded very similar to spoken words when the tape from the machine was played at a fast pace. Developing his idea further he went on to record a message through this means creating his first successful invention that lead the way for many more. Thomas Edison was a very patient and passionate man, motivated by success he went on to try and fail thousands of times before getting some of his inventions to work. Some of his inventions we still use today, and most of them are historical for changing the world.
③Versatility
Sir Richard Branson
Age: 60 yrs
Birth Place: Blackheath, London, England, UK
Industry: British industrialist
Net Worth: £2.97 billion ($474.6 billion)
Why they made the list…
Richard Branson is a well-known British industrialist probably best known for his company the Virgin Group, which holds in itself over 360 different companies. Branson started his education at scaitcliffe school, in 1963 continued by his attendance at Stowe School in 1965. In 1966 Branson started his first successful business venture Student Magazine. In 1967 Branson went on to opens first charity “The Student Advisory Centre”which was a great success. In 1970, Branson decided to create another company; which was a retail business based on mail-order deals. Its first success came when Mike Oldfield signed the virgin group and had a record which went platinum very quickly. Following the success of Mike Oldfield more bands began to sign with the virgin group The Sex Pistols being one of the biggest.
In 1984 Richard Branson formed the Virgin Atlantic Airways company, or as we know today, virgin Airways; which has been a great success just like many of his previous companies before it. Probably one of Branson’s most notorious business ventures to date, is his newest venture the Virgin Galactic, where is aiming to take passengers into space which he calls space tourism. The virgin Galactic company according to rumour will be licensing the technology behind the so-called spaceship one which is being funded by Microsoft co-founder Paul Allen as well as Burt Rutan who is an American engineer well-known for his aeronautical work. Sir Richard Branson is without doubt one of the greatest entrepreneurs the UK has and possibly ever will have in its history, without him a lot of things wouldn’t be how they today, such as the music we listen to, the charities we support, and quite possibly in the near future space travel.
④Time Competence
Mark Zuckerberg
Age: 26yrs
Birth Place: White Plains, New York, USA
Industry: Social Media Mogul
Influence: Revolutionized Online Social Media and Networking
Net Worth: $6.9 billion
Why they made the list…
Mark Zuckerberg, is possibly one of the most spoken about individuals of the past year, not only is he one of the richest men on the planet, he’s just had a story portrayed by the Hollywood giants in a new movie entitled the Social Network. Zuckerberg first launched his website Facebook whilst attending Harvard University, the website was launched from his dormitory room, on 4 February 2004. It has been rumoured, but the inspiration for Facebook actually came from his former high school the Phillips Exeter Academy which had its own student directory known as”The Photo Address Book” which according to rumour, the students nicknamed the Facebook. Mark Zuckerberg was joined by fellow Harvard university students Dustin Moskovitz and Chris Hughes as he wanted to evolve the Facebook website.
To begin with Facebook wasn’t available to everybody and due to this competitors such as; MySpace and Bebo seemed to be the clear winners, in terms of social networking. However that soon changed when Zuckerberg and the co-founders of Facebook dropped out of the Harvard University in a bid to make Facebook success, which they knew was possible, due to the amount of support it had received at the University. By then the 2004 Facebook had received over 1 million users for the website. Then in 2005 capital venture firm Accel partners, invested $12.7 million into the business to help them evolve its further. Soon Facebook was being approached by massive brands and companies who wants to buy out Zuckerberg and co-tutor is obvious trendsetting capabilities and the possible revenue to be made from it. However we know that Zuckerberg didn’t actually sell Facebook and he still is CEO of it although his partners have left now, and today according to Forbes magazine Zuckerberg is worth approximately $6.9 billion. Not bad for a college dropout.
⑤Ethical Consciousness
Andrew Carnegie
Age: 83yrs (Died: 11th August 1919)
Birth Place: Dunfermline, Fife, Scotland, UK
Industry: Steel Tycoon
Influence: Pioneered many manufacturing processes.
Net Worth: £298.3 billion
Why they made the list…
Andrew Carnegie was born into a typical lower-class family in Scotland, and lived in a weavers cottage; a very small house. The main room served not only as the living quarters but also the dining room as well as the bedroom for the family. His family were suffering from near starvation and poverty when William; his father, emigrated the family to Allegheny, Pennsylvania in the USA. The area in which they lived was very poor but better than their previous community in Fife. The first job he had was that of a bobbin boy where he helped change spools for 12hrs each day. Feeling this wasn’t the career for him he went on to become a telegraph messenger for $2.50 per week; his job came with a couple of perks too, such as gaining free entry to the local theatre. He soon progressed to $4.00 per week at the age of 18yrs and through hard work and rapid development Andrew climbed swiftly the ranks. Eventually he became an investor, investing the money he had saved over the years into Adams Express Company a messenger service.
Carnegie later received shares in a car business after helping to safeguard the shares of another business for a friend; he used this to his advantage and reinvested all his money into the railway industry. During the civil war Carnegie made a fortune through investments he had made; one of which had him investing $40,000 of his own money into Story Farm; a creek rich in oil. By the end of the year the investment had paid of in dividends to the tidy sum of $1 million, as well as more profits coming in from the petrol and oil goods. After the civil war had finished Carnegie gave $40,000 to help build a library in his native Dunfermline, he also gave $50,000 of his money to a hospital college to help teach more nurses and save more lives. Now an investor in both oil and steel Carnegie was becoming very wealthy, and decided to write his first book which sold over 40,000 copies. His writing style and intelligence helped Carnegie become known as a great author and journalist which helped him earn another hefty fortune in doing so. By 1898 Carnegie was worth more than $20 million and famously offered $20,000,000 to buy the Philippines from Spain in a bid to allow them independence. By the time of his death in 1919, Carnegie had become famous for his investments, his oil his writings and of course his entrepreneurial streak. With the money he made from all his investments he died a very wealthy man his net worth being $350,695,653, today that figure would be nearly $300 billion.
⑥Perceptiveness
Michael Newton
Age: 50yrs
Birth Place: Cheshire, UK
Industry: CCTV, Retail
Influence: Brought Revolutionary CCTV to the UK
Net Worth: $504.25 million
Why they made the list…
Michael Newton may not be someone most of you have heard of and you may even think he is not a historical figure, but he most definitely is in the UK. Michael changed the UK in big ways back in 1982 when he started with a CCTV system that basically monitored how long a person was at a table (in a bar). He soon introduced a line of multi-channel systems able to view across a broad range of areas all at once and not just in a singular location. He continued to add new systems to his arsenal and introduced them all to the UK. Today using Michael’s CCTV systems, over 7 million images are recorded a second!
If it wasn’t for his ingenuity and passion for what he did, it may not have been another few years until the introduction of a similar CCTV device, Not only did he make a fortune through his business; he also helped to make the UK a more secure and safe place to be. In 1994 due to his enthusiastic interest within aviation he began to learn how to fly; and soon passed his pilots license, not long after passing his pilots exam, he decided to go into the aviation industry to try his hand at a new sector. In 1998 he made the move into the commercial airline sector of the industry, which eventually led to the AD Aviation company he is now the CEO of.
⑦Decisive
Bill Gates
Should not press people say, "What should be done" or "should not do." This is Bill Gates, the most important feature of the character. When he was in order to develop their careers and decisively dropped out from Harvard University on this matter, and fully reflects this.
But leave Harvard can not say goodbye thing, he must try to convince parents have high hopes for him, but the parents seemed to want him to get a degree at Harvard University. Bill Gates to bite the bullet on the parents said his plans, saying he was ready to drop out, go and Paul Allen founded a computer software company.
His mother, Mary Gates firmly opposed the decision, she hopes to get a degree before Gates not to leave the school. Harvard degree is something many people dream ah! Gates's father urged his son to continue their studies, since the company opened a lot of opportunities, but very rare opportunity to read Harvard.
Because the software and the software company's knowledge of his parents in the brain is almost zero, they do not know what to say in order to impress his son's heart. Bill Gates's mother, Mary, interested in social activities, know a lot of people respected. So she turned to her understanding of the company's board of United Way Samuel Storm. She arranged to meet Bill Gates and Storm, I hope they can make conversation Gates dispel the idea to start a company to continue his studies at Harvard.
Storm is not only a local self-made millionaire, but also a well-known philanthropist and municipal leaders. Is also a respected man. Mary Gates learned from some friends, Storm is a few handful of Washington State in the business world both through computer technology and familiar with the computer industry prospects person.
When the Gates home to take a break from Harvard, the Storm took him to the Rainier Club for lunch, conversation, Gates explained to the Storm, he believes PC era has arrived, this is his exhibition a good opportunity to test their abilities. He also used the language depicting very passionate vision for the future. Storm was impressed, and sincerely said:. "Any one pair electronics inkling of people, should understand that this does exist, and has indeed opened a new era of"
This conversation is precisely the desire of the mother, Mary Gates diametrically opposed, not only did not discourage Storm Gates dropped out to dispel the idea, but encourage Gates hard, do a good fight.
With the encouragement and guidance of Storm, Gates dropped out of the idea more firmly. Until early 1977, although he only really handle withdrawal procedures, but his heart was early and flew away. For him, this prestigious university has only a burden, rather than the run-up.
It should be said Bill Gates dropped out decisive matter, not a momentary whim, but after much thought before deciding. He boldly seized the opportunity to create software for his kingdom's dominance began.
Friend, if you want to do a thing, do not always hesitant to lament the fate of their injustice. Decisively saw an opportunity to make a choice, you will usher in a better tomorrow.
⑧Foresight
Seventy years ago in Chaozhou, Guangdong, Mr. Li was born into a well-educated family which instilled in him early on a respect for education and a wish to gain more knowledge. In 1940, when he was 12 years old, his father Mr. Li Yunjing decided to move the whole family to Hong Kong. Though by doing so they could avoid the wartime turbulence in the mainland, the senior Mr. Li, in poor health, found it difficult to settle in a new place and passed away in 1943. This meant that when Mr Li Ka-shing was only 15, he had to shoulder the responsibility of supporting his mother and younger siblings. He first worked for a firm manufacturing watchstrap, then became a salesman of plastic products. Because of his hard work, he was soon promoted to manager and, later, general manager. In 1950, with his own savings, he set up a plastics factory named “Cheung Kong†on Hong Kong Island, thus beginning his illustrious career in the business world. In 1957, accurately foreseeing a growth in demand, he established Cheung Kong Industrial Company Limited, specializing in plastic flowers and toys. In the following year, he made his first venture into the real estate business and, by the age of 30, had made a name for himself in Hong Kong as a successful businessman. Today, Mr. Li controls four publicly listed companies, namely, Cheung Kong (Holdings) Limited, Hutchison Whampoa Limited, Cheung Kong Infrastructure Holdings Limited, and Hongkong Electric Holdings Limited, with a combined market capitalization of approximately HK$450 billion. Based in Hong Kong, the Group has major investments and operations in over 24 countries around the world, including the United States, Canada, United Kingdom, Germany and France.
⑨Integrity And Reliability
Liu Chuanzhi personal introduction
Liu Chuanzhi, born in April 29, 1944 in Jiangsu Zhenjiang, a former president of Legend Holdings Limited, chairman of the board of directors, stepped down in November 2, 2011, the Legend Group Limited, the board of directors honorary chairman of Lenovo Group, senior consultant, entrepreneur, investor, Taishan is going members.
In 1966 graduated from the Northwest Institute of telecommunication engineering, after graduation, worked in the national defense science and Industry Committee of ten school fourand Chinese Academy of Sciences Institute of computing technology in scientific research,Beijing Computer New Technology Development Corporation (formerly Legend Group) and one of the founders of. Created in 1988 in Hongkong association. 19
97 Beijing Association and the Hongkong Association merge, Liu Chuanzhi served as chairman of Lenovo group. In 2000 January by "fortune" magazine as "the best Asian business people". In 2004, Liu Chuanzhi resigned from the post of chairman of Lenovo Group [1].
97 Beijing Association and the Hongkong Association merge, Liu Chuanzhi served as chairman of Lenovo group. In 2000 January by "fortune" magazine as "the best Asian business people". In 2004, Liu Chuanzhi resigned from the post of chairman of Lenovo Group [1].
In 2009 September Liu Chuanzhi re appointed chairman of Lenovo group. In November 2, 2011, Lenovo Group announced that President Liu Chuanzhi stepped down as the board of directors, served as honorary chairman of Lenovo group. Foreign private aviation brand "in December 21, 2014 is jointly funded by the Liu Chuanzhi and Buffett's first operating in ChinaCzech aviation" officially began operations
Liu Chuanzhi's multiple investment
Multiple investment Liu Chuanzhi Liu Chuanzhi is not just an entrepreneur, but also an investment house. The 5 companies in the Legend Holdings under the, Lenovo Group and China still focus on the field of IT, and the other 3 have strong investment brand, they are real estate association Raycom, venture investment and mergers and acquisitions investment Hony investment.
Hony investment raised to the three period, a total of 807000000 US dollars to the fund, has been voted nearly 10 enterprises. Among them, China glass has been listed on the Hongkong stock exchange, now Simcere again in the world's largest listed on the New York stock exchange.
In 2000, Lenovo Lenovo Group and split into digital, unloaded a heavy burden of Liu Chuanzhi began with the vice president of Lenovo Holdings Zhu Linan planning to enter the field of venture investment [15].
Assist enterprise reform
It is precisely because of the China situation understanding, makes the association in the investment, for different types of enterprises adopt different strategies.
Zhao Linghuan frankly, if the invested enterprise to tiger, he thought to herald this private enterprise Hony thing to do is to "be a tiger with wings added"; and for the state owned enterprises, the first thing to do is "". "Many state-owned enterprises do not lack good management, only rigid system restricts their feet."
Also take on an altogether new aspect and China glass. After the acquisition of Jiangsu Su Huada new materials Limited by Share Ltd of the ultimate controlling shareholder of Suqian state owned company, Hirotake invested through a series of capital operation, will not the well-known Su Huada into China glass and landed in Hongkong main board, the management of the company and led to the original Su Huada general manager Zhou Cheng finally won the China glass listed in the top 16.59% of the shares, and have the power to overweight at the appropriate time. From then on, the development of Chinese glass is entering the fast lane, from the domestic glass industry fourteenth suddenly into the top 3.
Hony capital and set its goal to another large state-owned Shiyao group, the two sides are still in the process of marriage. Liu Chuanzhi has even turned their eyes to the SASAC directly under the central state-owned enterprises. Hony announced investment China Building Materials Group's Asia's largest glass fiber production enterprises of Jushi group. At the same time, Hirotake also and China Building Materials Group signed a framework agreement, the future plans to conduct more cooperation. "As long as the state agreed, so long as has the opportunity, we are willing to participate in the restructuring and reorganization of central enterprises." Liu Chuanzhi said.
Liu Chuanzhi in the eyes of the outside world
Over the past 20 years, the exploration and practice of Liu Chuanzhi is committed to high-tech industrialization, continue to lead the enterprises to carry out independent innovation, out of a high-tech industrialization road with China characteristics, the Lenovo Group's technical strength and market share are among the forefront of the world counterparts. He also actively promote the development of high-tech industrialization China career, through and Chinese Academy of Sciences founded the "association star" project, and replication in the investment business and output association experience, promote the training of scientific achievements transformation and technology enterprise management talents, to help more China technical enterprises to achieve greater development.
Under his leadership, hold high the banner of national industry associations based on the local computer, Chinese, constantly study and explore industry rules, with the strong competition in one fell swoop win, not only established the leading position in the Chinese market, and led a large number of national IT enterprise development. Lenovo Group through the acquisition of IBM's personal computer business out of the country, become one of the world's leading computer companies, demonstrate the ability China enterprises, but also accumulated valuable experience for the enterprise to realize the internationalization Chinese.
Liu Chuanzhi: Don't let the children into the association must be correct
Liu Chuanzhi thinks, in an enterprise which has a few things are important: first, the rules do not rule already, have to make no exception. Not only is my children will come in, executives of the children can come in, because the business together with my old colleagues, the children learn computer are many, are in the company came later, really have what make big mistakes, in dealing with the time, will look at the face, it is hard to say. Since doing so, company rules won't be a rule. Secondly, after a child came in, will affect the enthusiasm of others. For example, after my son came in, what kind of performance, other people may think, the future Is it right? Mean something else or what. If my son is very strict requirements, or the requirements of fairness, son will feel too harsh on him, people will think you actually take care of his son, because people always easy to own pay more, feel less, this is human habit.
b)The Entrepreneur Who Involved 5 Entrepreneurial Traits
Steve Jobs
Age: 55 yrs
birth Place: San Francisco, California, USA
Industry: computer technology, computer science
Influence: Advancement in Computers and Media Devices
Net Worth: $6.1 billion
Why they made the list…
Steve jobs, you either love him or hate him but there’s one thing that is certain; you will definitely know who is. One thing that you might not know him about him is that he’s actually adopted, but that hasn’t stopped him becoming one the most successful people in the world and why should it. Jobs graduated from high school in 1972, one of Steve jobs, first jobs was actually as a technician the computer company Atari. Which was possibly a big turning point for Steve at the time In 1974 the same year jobs first worked with Atari, jobs went into business with his old friend Steve Wozniak. Jobs had managed to convince Steve Wozniak that it would be a good idea to start assembling computers and selling them on for a profit. It seemed to quite decent idea as they soon started making a profit from the computers they were making, and on April 1, 1976 Apple Computer company was founded as a partnership with Steven jobs and Steve Wozniak as the co-founders.
Within just 4 years; the Apple Computer Company being founded Apple became a publicly traded corporation, and in 1983 jobs managed to lure John Scully away from the Pepsi-Cola company. Jobs went on in leaps and bounds and in 1984 on January 26th jobs introduced the first Apple Macintosh. It wasn’t all pleasantries though; in May 1985, following an internal power struggle between the board of directors; jobs lost control of the Apple computer company and was forced out; although he did still have shares in the business. He then went on to form another company NeXT computers which did amazingly well sobering fact that in 1986 he bought “The Graphics Group” which was later named Pixar Animation, the $10 million. Some time later; in 1996 Apple computers company decided to buy the NeXT company for approximately $429 million, bringing Steve jobs back to Apple as the company’s interim CEO. In 2000 Apple announced publicly that Steve jobs was to become the permanent CEO of the company. In 2007 Apple changed its name to Apple Inc. On a side note In January 2006 jobs announced the Disney had purchased Pixar in an-all stock transaction;worth approximately $7.4 billion, so as you can see Steve jobs has done pretty well for himself.
TASK 2
Website :http://sadeintroductionentrepreneuship.blogspot.com/
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