Entrepreneurship is a large-scale concept all over the world. It is a capability or skill that leads the company on the path to success. Highly successful businesses and entrepreneurs provide a platform for people starting from scratch by organizing events. These events are organized by profile entrepreneurs, who have knowledge of successful business creation. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get an original essayA popular event in Europe called Start-up live provides better opportunities for students who have innovative ideas during their studies and dream of being a successful entrepreneur. This event continues for two days per year. By joining this global community, aspiring entrepreneurs can gain real-world insight into network formation in European start-up culture. Experienced volunteers explain how to use theories to solve real-world problems. Their mission is “We strive to be the first stepping stone for every aspiring entrepreneur, helping them succeed” (About: startup live, 2018). Singapore is famous for hosting start-up events for multinational companies. One of the events organized for businesses is the Singapore mega start-up weekend called SWSG. It is a 54-hour hands-on activity where entrepreneurs can brainstorm with others, design products, and brainstorm ideas with experienced mentors. Initially, probably on Friday, individuals begin their day by forming a strategic team. The next day, Saturday, they get to work on a business plan. At the end of the workshop on Sunday, innovators present their ideas to the public and experts (Startup Weekend Singapore Mega 2018, 2017). Another platform that is very popular among entrepreneurs and known all over the world is the Silicon Valley F50. F50 organizes various events per year. It is a venture capital event where participants have two minutes to pitch their ideas to global investors and major players from Silicon Valley and China. This program helps organizations and businesses through venture capital funding and global market development (What we do, 2018). One of the reasons newcomers with innovative ideas from around the world move to Silicon Valley is the desire to see their dreams come true. Silicon Valley is considered the center of innovation with the hottest events. About 12 out of 50 innovators come from Asia (Silicon Valley: East meets Tech | 101 East, 2014). But the question arises what information a person would get by attending startup events and whether they are worth spending time on. Four characteristics define a successful entrepreneur: passion for the business, product/customer focus, tenacity despite failure, and execution intelligence. In starting a new business, the ultimate goal of businesses is to bring change in the world. You must therefore first be passionate about a business idea (Ireland & Barringer, 2016, S. 31). The next criterion is to be aware of the products and the customers, these two factors belong to the most important elements of a business. There is no need to think about marketing, management and finances if the company does not have products that meet customer requirements. Furthermore, being an entrepreneur means showing tenacity despite failure (Ireland & Barringer, 2016, S. 34). This means seeing a.