The Inspirational Entrepreneur-Erick Lefkofsky.

Entrepreneurship refers to the process of starting and running businesses with an aim of making profits. Some scholars have argued that the entrepreneurial skills are inborn while others are acquired during a person’s life. The entrepreneurs have some certain distinct characteristics that set them apart from other business people, for example, they are innovative and have a high sense of internal locus of control, they believe that the circumstances in their lives can only be changed by their efforts and contributions.

Erick Lefkofsky is an innovative entrepreneur who has performed well in his various ventures. A good example is the Tempus Labs which was officially opened several years ago. The company has its roots in Chicago. Despite being in operations for a few years, the company has been highly recognized due to its innovative nature and potential contributions to health sector. Scholars have urged entrepreneurs to come together and consolidate their resources with a broader objective. The companies are more likely to survive and perform better in their operations and research.

Tempus Labs has come together with other organizations with a similar objective of expanding the research and treatment of cancer. The technology that has been employed will ensure faster and more efficient diagnosis treatment of cancer. The company has also come up with unique products which have been approved by relevant bodies for use by patients.

Erick Lefkofsky is an entrepreneur with a difference, he has been an active participant in charity initiatives aimed at helping individuals who are less fortunate in the society. Some scholars have argued that involvement in social responsibility is unnecessary as the main aim of a business is to make profits. Many entrepreneurs consider taking part in such initiatives as a waste of time and their resources.

Communication is a key aspect of every organization. Erick Lefkofsky’s success can be attributed to effective and communication timely communication with the various stakeholders. Some companies have suffered huge losses due to poor communication among the various crucial areas of the organization.

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