Consider the case of a professional golfer like Tiger Woods. Mr. Woods would not be the extraordinary golfer he is today without having previously struggled with and mastered the fundamentals of golf. In his case, that means he had to learn the mechanics of the golf swing, the placement of the hands-on golf club shaft, the focusing of the mind before each shot, and myriad other details. As these fundamentals became habits through practice, Mr. Woods was able to take them for granted and shift his attention to other factors of the game. Having mastered the fundamentals, he is, for example, now able to experiment with hand placement on golf shots that present unusual challenges, such as those out of rough grass, behind a hazard, or those that require a certain type of spin to be placed on the ball. Experiments such as these can only take place after the fundamentals have been mastered. Tiger Woods is a multi-millionaire, with many opportunities in his life. Without his world-leading mastery of the fundamentals of golf, none of those other things would be options for Mr. Woods.
Questions
1. Explain, How the fundamentals of entrepreneurship could be learned and derived from the case?
2. Identify the various characteristics of entrepreneurs from the above case with special aspect to resilience as key to success in a business environment?
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number 1 answer is Entrepreneurship is the act of setting out on your own and starting a business instead of working for someone else in his business. While entrepreneurs must deal with a larger number of obstacles and fears than hourly or salaried employees, the payoff may be far greater as well.
number 2 answer is They take what they do seriously. ...
They make it all about the customer. ...
They make the big decisions carefully. ...
They aren't scared of the road less traveled. ...
They harness technology. ...
They invest in themselves. ...
They are constantly learning. ...
They're not afraid of risks.
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