“Entrepreneurs are individuals who recognise opportunities where others see chaos or  confusion. They are aggressive catalysts for change within the marketplace. They have been  compared to Olympic athletes challenging themselves to break new barriers, to long-distance  runners dealing with the agony of the miles, to symphony orchestra conductors who balance  the different skills and sounds into a cohesive whole, and a top-gun pilots to continually push  the envelope of speed and daring. Whatever the passion – because they all fit in some way – entrepreneurs are heroes of today’s marketplace. They start companies and create jobs at a  breath-taking pace”.  - Donald F. Kuratko, 2009 Required a. In relation to the above quote, identify the qualities of a successful entrepreneur and illustrate how they have been applied in successfully creating and running an  entrepreneurial undertaking you are familiar with. Your answer should include  a brief profile of the successful entrepreneurial undertaking: its visionary, its  creation, its products/services and success factors.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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“Entrepreneurs are individuals who recognise opportunities where others see chaos or 
confusion. They are aggressive catalysts for change within the marketplace. They have been 
compared to Olympic athletes challenging themselves to break new barriers, to long-distance 
runners dealing with the agony of the miles, to symphony orchestra conductors who balance 
the different skills and sounds into a cohesive whole, and a top-gun pilots to continually push 
the envelope of speed and daring. Whatever the passion – because they all fit in some way –
entrepreneurs are heroes of today’s marketplace. They start companies and create jobs at a 
breath-taking pace”. 
- Donald F. Kuratko, 2009
Required
a. In relation to the above quote, identify the qualities of a successful entrepreneur
and illustrate how they have been applied in successfully creating and running an 
entrepreneurial undertaking you are familiar with. Your answer should include 
a brief profile of the successful entrepreneurial undertaking: its visionary, its 
creation, its products/services and success factors.  

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