What Are Some Examples of Entrepreneurship?
Examples of entrepreneurship are Facebook, Care.com, Sword & Plough and a Checkers franchise. Small businesses such as pizza restaurants, scalable startups that start small with the intention to grow large, entrepreneurship within existing large corporations, socially conscious businesses and franchises are types of entrepreneurship.
Facebook is an example of a scalable startup. Although Mark Zuckerberg originally intended it for his school, the social networking site has grown to be one of the most visited and most lucrative companies on the Internet as of 2015.
Entrepreneurial accomplishments of Marissa Mayer, the CEO of Yahoo as of 2015, include creating new content platforms, implementing new work policies and recovering company ownership via stock buybacks. She also has expanded Yahoo by acquiring other companies.
Betsy Nunez and Emily Nunez Cavness’ company, Sword & Plough, makes surplus military items into fashion accessories. The company donates 10 percent of profits to veterans. This is an example of social entrepreneurship, in which companies provide products and services to help with social problems.
Bill Nowak and Gail Gentry are franchisees of two Checkers restaurants. Franchise entrepreneurs buy turn-key businesses and get supplies and operations help from the franchise corporations in return for shares of their profits.