Monday, June 17, 2019
A Diamond Personality Paper Case Study Example | Topics and Well Written Essays - 1000 words
A Diamond Personality Paper - Case Study ExampleThis account will determine the possible characteristics or qualities of an entrepreneur who seeks to achieve his goal. Factors that Contributed to Rodriguezs Success The success of Oscar Rodriguez, an entrepreneur who ventured on selling diamonds online as middleman mingled with buyer and supplier lies on several qualities he have perseverance, attention to details, a will to maintain his own income-streaming art organization, and a discipline to keep things in perspective. This mean that Rodriguez may see and experience failure and disappointments but he persevered and ascertain to continue and find ways to address the obstacles such as the involuntariness of suppliers to provide him with diamonds, the discouragement of one supplier about online selling of such a precious commodity, the lack of big capital, and failure in retailing. Perseverance, determination, and the drive to go after something are some of the most elusive cha racteristics among the majority of people. These characteristics are similar and will be discussed on this portion as one. When an entrepreneur is determined to pursue success in his venture, he is not easily daunted by setbacks or failures but instead learn from them. Many individuals may feel they are losers when negative experiences happen. However, the determined entrepreneur like Rodriguez will not mull on his failure or loss but instead flow on and find other possibilities (Marquez, 2007) linked or not linked with his current venture. There are a lot of challenges in every business venture (Fenton and Inglis, 2007) and these never seem to cease. The business environment is fraught with problems and issues including but not limited to capital investment, partnerships, supplier and employee relations, public and social responsibility, image, while keeping the business afloat, and many others (Ghosh, 2008). By adopting means and ways to address perceived and experienced busines s challenges, the business organization will be able to downplay risks and loses, but not exactly eliminate them. All these are experienced by Rodriguez. But acceptance of the inevitable challenges comes with the venture. Success in a business enterprise does not always mean being at the right place at the right time. It did not take a single conniption for Rodriguez to experience success. First, his retail shop closed. Then, the supplier or dealer he approached did not believe in his proposal. His determination to proceed and succeed made the difference. Rodriguez patsy on the Big Five Dimensions of Personality I believe that Rodriguez highest score on the Big Five dimension of soulality is on conscientiousness. He pursue his business plan tenaciously and in complementing order with the other dimensions of personality including openness to experience, extraversion and agreeableness. He was determined to continue the business he started, unless on another platform instead of th e retail high-street or mortar one. He went online instead and sought the opportunities available for him. Conscientiousness is defined as the intention to be self-disciplined and acting on self-imposed duty with the aim to achieve something. This is also seen with leadership abilities as conscientiousness also shows a person who work as planned. Rodriguez may at times act on impulse but upon analysis of possibilities for a venture, he sought which should be through and the course of his business venture. He hired the right persons, connected with the willing dealer-suppliers, and pursued possibilities for his venture. Rodriguez showed an openness to experience when he dabbled on jewelry patronage his lack of knowledge on it and upon the
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