Entrepreneurship

"All our dreams can come true if we have the courage to pursue them"

 

BUDDING ENTREPRENEUR

 

"Are you sitting on an idea? No matter how small or outlandish it may be, act on it and turn it into reality. You never know… your idea could change the world."

"Everything begins with an idea."

 

An entrepreneur should be highly energetic and motivated...... Passion, resourcefulness, willingness to improvise and listen to others and strong determination to succeed is what makes an entrepreneur successful. And this is what you have to keep in mind as well if you want to be a successful entrepreneur yourself.

Characteristics of Successful Entrepreneurs

• Ideas! Ideas! Ideas! Ideas!
• Self-Motivation. One of the most important traits of entrepreneurs is self-motivation.
• Understand What You Offer. As an entrepreneur, you need to know what you offer, and how it fits into the market.
• Take Risks.
• Know How to Network.
• Basic Money Management Skills and Knowledge.
• Flexibility.
• Passion.
• Perseverance



Essential Skills Required to Succeed as An Entrepreneur

• Ambition. It is easy to give up when the going gets tough, but the most successful entrepreneurs persist because of their ambitious nature.
• Willingness to Learn.
• Ability to Listen.
• Creativity.
• Assertiveness and Confidence.
• Perseverance.
• Courage and Risk Taking.

Skills That Are the Foundation of Entrepreneurial Success

• Research. Research is an important skill in the planning, launch and ongoing running of a business.
• Focus. Focus is as much a personality trait as it is a skill, but I list it as a skill because it can be initiated, developed and honed over time.
• Cash management.
• Communication.
• Learning.
• Passion. An entrepreneur embarks on a business endeavor about which he is passionate.
• Work Ethic.
• Market Intuition.
• Big Picture.

Things Every Entrepreneur Should Know

• Stay Lean Financially. Keep that belt tight.
• Networking Is Essential. Networking is a must when running your own business.
• Marketing Is Telling Your Story. Marketing is simply figuring out what your company's story is and sharing it with potential customers.
• Never Give Up.

 

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