Homework.....

R I K A (064.08.002)

Sir Reginald Myles Ansett KBE
Seizing the time

Reginald Myles Ansett, a person who liked machinery, aircraft and flying. He was born in northern Victoria in 1909. He become an apprentice mechanic in his father factory in Melbourne, when he was 14. He became a civil pilot in 1929. He use his pocket money £50, which is he got from his work at the northern territory, he buyed a car and offered a taxis or buses service. R.M Ansett open a maintenance workshop in Hamilton. In 1935, his business grew and he operating of private buses or taxis between Melbourne and Ballarat. He take off his pilot lisence and began an air service between Hamilton and Essedon. His business grew better and better. A war forced Ansett a sudden change. Ansett’s routes were either closed or transferred to other operators to conserve fuel and manpower, and his facilities at Essedon were pressed into service to maintain and repair military aircraft. After the war ended, R.M Ansett gained world class airframe, engine, and instrument maintance and testing facilities, but no aircraft and no route licences. In years following his capture of ANA (Australian National Airways), in 1950s, Ansett buyed Butler Airlines in a fiercely takeover in 1958. In 1969, he continued to buy up regional airlines. He was promoted as the non-voting Chariman. For over sixty years, he originally only brought £50, to grown such a successful business

Checkpoint
By a window of opportunity, an entrepreneurial concept an succeed. Two factors in the entrepreneurial concept are not independent. Both got to work together. First, an entrepreneur must have the capability to access an appropriate level of technology and second, a market must have the capability to absorb a sufficient quantity of a product. Inventions are not always an innovation. Which is mean, in fact, something you’ve been made doesn’t mean people going to like it and spend their money on it. So, intrepreneurs suppose to understand the things that they’ll invent must be an enough innovative idea to persuade people to spend their money on it.