Uploaded by Nicole Lamadrid

ASSIGNMENT#1 1TE4

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UNIVERSITY OF SANTO TOMAS
College of Commerce and Business Administration
Bachelor of Science in Entrpreneurship
Lamadrid, Nicole Anne M.
Entrepreneurial Behavior
1TE4
August 21, 2023
Are Entrepreneurs made or born?
The business and psychology worlds have been captivated by the discussion
over whether entrepreneurs are made or born for ages. This ongoing discussion
focuses on the roots of entrepreneurial skills, investigating whether specific personality
traits or life events serve as the real drivers of thriving entrepreneurship. The formation
of entrepreneurs is the consequence of a complex interaction between intrinsic
characteristics, external influences, and personal development, while there is no
clear-cut explanation. In essence, a combination of nature and nurture shapes the paths
of entrepreneurs, making them both made and born.
The "born" argument's proponents believe that some people have a natural talent
for entrepreneurship. Entrepreneurial success is frequently associated with inherited
traits including a proclivity for taking risks, creativity, and visionary thinking.
Extrovertism, openness to new experiences, and resilience are psychological traits that
have a connection with an entrepreneurial attitude. Evidence shows that genetic
influences can develop these attributes. This perspective emphasizes the idea that
people can be entrepreneurs from the moment they are born. Even before they
consciously become aware of their underlying characteristics, those who are
predisposed to take measured risks and realize new ideas may naturally gravitate
toward business ventures.
UNIVERSITY OF SANTO TOMAS
College of Commerce and Business Administration
Bachelor of Science in Entrpreneurship
The "made" approach, on the other hand, believes that an entrepreneur's
environment and life experiences have significant effects on them. The seeds of
entrepreneurial skills develop through early upbringing, educational opportunity,
exposure to role models, and cultural surroundings. A person's tendency toward
entrepreneurship, for example, might be greatly influenced by a family history based on
business. Education is essential for developing entrepreneurial skills. People can
become talented entrepreneurs if their learning environments encourage critical
thinking, problem-solving, and adaptability. Additionally, exposure to many industries
and real-world difficulties develops the innovative thinking necessary for succeeding in
business ventures.
The dynamic relationship between nature and nurture is what matters. The
foundation for entrepreneurial potential is formed by innate traits, and the environment
provides the stage for developing and growing these traits. Without access to education,
mentorship, and a supportive environment, a risk-tolerant person, for example, would
never achieve their entrepreneurial targets.
Furthermore, the entrepreneurial experience itself acts as an inspiration for
change. Entrepreneurs learn to make better decisions, to be more resilient, and to be
more adaptable as a result of the challenges and successes they encounter. This
mixture of innate characteristics and taught behaviors is a prime example of how the
"made vs. born" argument is always in motion.
In conclusion, the discussion over whether entrepreneurs are created or are born
transcends opposing viewpoints. Instead, it embraces a holistic strategy that takes into
account the dynamic dance of inherent traits and outside factors. Although some people
may be naturally inclined to have entrepreneurial tendencies, it is ultimately up to the
UNIVERSITY OF SANTO TOMAS
College of Commerce and Business Administration
Bachelor of Science in Entrpreneurship
individual's upbringing, education, exposure to role models, and personal journey to fully
realize their entrepreneurial potential.
Entrepreneurship defies definition; it is an ongoing journey that impacts how
individuals go through the maze of obstacles and opportunities. Successful
entrepreneurs are ultimately developed through a combination of inherent qualities,
encouraging environments, and personal experiences. Understanding the many
components that go into creating entrepreneurs requires an understanding of the
complicated connection between nature and nurture. Entrepreneurs are a testament to
the complex relationship between nature and nurture because they are both created via
life experiences and born with the capacity to succeed.
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