Discuss the argument that entrepreneurs are born not made
The argument that entrepreneurs are born not made suggests that certain individuals possess innate qualities or characteristics that make them naturally inclined towards entrepreneurship. According to this viewpoint, entrepreneurship is a talent or an innate skill set that cannot be developed or taught.
One of the key arguments in favor of this perspective is the notion of risk-taking. Entrepreneurs are often associated with a willingness to take risks and make tough decisions. Proponents of the argument argue that this characteristic is ingrained in certain individuals from birth. These individuals are said to possess a natural appetite for uncertainty and are more comfortable taking risks compared to others.
Furthermore, proponents argue that entrepreneurs have a unique ability to spot opportunities. They possess an inherent creativity and vision that allows them to identify gaps in the market and foresee future trends. These individuals have a knack for generating groundbreaking ideas and translating them into successful ventures.
Moreover, the argument emphasizes the importance of personality traits such as self-confidence, resilience, and determination. Entrepreneurs often face numerous obstacles and setbacks, and it is argued that individuals born with an entrepreneurial spirit possess a higher level of resilience and determination to overcome these challenges. This unwavering self-belief and drive are said to be part of their inherent nature.
However, it is important to note that opponents of the argument suggest that entrepreneurs can indeed be made. They emphasize that entrepreneurship is not solely reliant on innate qualities but can be developed through education, experience, and exposure to entrepreneurial environments.
Critics argue that entrepreneurship can be nurtured through various programs, mentorship, and training. By acquiring knowledge about entrepreneurship, cultivating relevant skills, and gaining experience in the field, individuals can develop the necessary attributes and competencies needed to become successful entrepreneurs.
Additionally, critics highlight the role of environmental factors in shaping entrepreneurship. They argue that individuals who grow up in entrepreneurial families or communities, where entrepreneurship is valued and encouraged, are more likely to develop an entrepreneurial mindset. Exposure to entrepreneurial role models and supportive networks can contribute significantly to the development of entrepreneurial abilities.
In conclusion, while the argument that entrepreneurs are born not made suggests that certain individuals possess innate qualities that predispose them towards entrepreneurial success, opposing arguments counter that entrepreneurship can be developed and nurtured through education, experience, and exposure to supportive environments. It is likely that a combination of both innate attributes and learned skills contribute to successful entrepreneurship.