Entrepreneurship in the Global Environment Essay

Entrepreneurship in the Global Environment - Essay Example This essay is based on the brief overview of the profile of John Mackey and his business activities. John Mackey is the co-founder of Whole Foods Markets, which is an organic grocery retail chain based in Austin, Texas. The company holds a valuation of $14 billion and holds its position among the Fortune 500 companies. In 1978, John Mackey founded a health food store called SaferWay. After two years, it merged with Clarksville Natural Grocery to form the parent company Whole Foods market. Mackey started his business with only 19 employees and it has grown significantly since then. Currently, the company operates with 410 stores in the UK, US, and Canada, with 88,000 employees. John Mackey and his business bring the attention to his entrepreneurial qualities because he has been able to increase his business operations from a single store to a large retail chain of stores that operates in overseas location as well. One can certainly learn for his strategies and know what it needs to be an entrepreneur. Apart from focusing on business activities, Mackey also engages in socially responsible activities. He is also the co-founder of the Conscious Capitalism Movement, which discusses ethical consciousness and how a business operation should be grounded on this concept. These characteristics have made John Mackey the person of interest for the entrepreneurial studies. This section will justify that John Mackey can be categorized as an entrepreneur, by discussing his activities based on theoretical background. The theoretical background of entrepreneurship stated that an entrepreneur must have certain characteristics which allow him to thrive towards his objectives of making his business grow. It has been mentioned that an entrepreneur must be creative and should be able to take risks.