Be an entrepreneur

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Avatar for Eminent-thinker
3 years ago

People are busy during the day and sometimes during the night depending on the nature of individual job or business. Now the question arises as to why we all keep ourselves busy day and night? The answer is to earn money that will be used to satisfy our wants by purchasing goods and services which will be produced by business organization.

Entrepreneurs must be a person of superior ability who pursues his or her goals despite obstacles, opposition, setbacks and failure. He or she must persist in the face of adversity, confront unknown challenges, risks and learn from failures, have confidence in his or her capacity to deal with the word, and take practical rational steps in the pursuit of the goals. The successful entrepreneur tends to be a visionary, competent, independent, action-oriented, passionate, confident, and virtuous person who uses reason to focus his or her enthusiasm on reality in the efforts to attain the goals.

Entrepreneurs are alert; this is what they are like and also seizing an opportunity by taking further innovative actions. Entrepreneurs are innovative; this is what they do, as we can assume, alertness necessarily leads to innovative actions.

If you want to be an entrepreneur so, you need to have these essential characteristics;

  1. Confidence

  2. Feels a sense of ownership

  3. Able to communicate

  4. Passionate about learning

  5. Team player

  6. System oriented

  7. Grateful

  8. Optimistic

  9. Gregarious

  10. A leader by example

  11. Not afraid of risk or success

The following are the role of an entrepreneur;

  1. He identifies business opportunities, mobilizes and organizes the resources to tap the opportunities

  2. He carefully implements his business plans to ensure achievement of his goals.

  3. He markets his products, services and ideas

  4. Effective performance of the finance and production

  5. Innovative through improvement of methods of production or technology

  6. Monitors and responds to the environment by keeping abreast of what is happening in his environment, the entrepreneur is in position to respond appropriately to changes, threats and opportunities in the environment.

Conclusively, opportunity identification is central to the domain of entrepreneurship, and understanding what opportunity exactly means is one of the primary challenges within the domain of entrepreneurship research. At its core, entrepreneurship revolves around the question why, when and how opportunity recognition for the creation of goods and services arise in the future of a given economy. This opportunity recognition is the progenitor of both societal and personal wealth. No entrepreneur or enterprise, however successful and big, can continue to hold a place of leadership unless it recognizes that modern business operates in a dynamic changes which creates new problems, risks and opportunities. Consequently, entrepreneurs have to mobilize the available resources before these changes can make their impact felt. To do so successfully, the entrepreneur should know where his or her firm is going and how the firm intends to get there. Over the years, creativity and innovation has been identified as the corner stone of survival and growth of enterprising firms in the competitive market arena.

BE AN ENTREPRENEUR AND LET PROFIT BE YOUR REWARD!!!

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$ 0.02 from @youngdim1
+ 1
Avatar for Eminent-thinker
3 years ago

Comments

my account isnt good also , manage that and write good content that will attract readers and sponsors. entrepreneur should be what we need this time and must accord topmost priority , as it is required to overcome poverty and attain financial freedom

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3 years ago