Illustrate what it means to be an entrepreneur with reference to Atlantic Surf - Leaving Cert Business - Question A - 2014

Being an entrepreneur involves taking personal and financial risks. Shay took significant risks by returning to Ireland to establish his business, particularly after previously failing in business. His willingness to invest saved funds on a new venture signifies a realistic approach to risk-taking.

Shay demonstrated initiative by leveraging his surf experience to take advantage of the growing reputation of Ireland's surfing potential. He returned from Australia to set up Atlantic Surf, recognizing an opportunity in the rising interest in surfing.

Entrepreneurs need to be resilient and confident despite setbacks. Shay's persistence after having failed in previous business attempts shows his self-belief and conviction in Atlantic Surf, viewing challenges as opportunities rather than obstacles.

Shay recognized the importance of a solid business plan. He prepared a comprehensive plan and applied for a start-up grant, demonstrating his forward-thinking approach and commitment to the success of Atlantic Surf.

Shay had a clear vision of what Atlantic Surf should be, evidenced by his immediate actions in securing a suitable property and forming strategic partnerships. His ability to see things as they are helped him to establish a well-positioned surfing school.

Shay understood the importance of networking in business. By reaching out to the Irish Surfing Association for advice and support, he built crucial connections that facilitated his entry into the surfing industry and enabled the establishment of his business.