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Hello Everyone, 😊 hope you all are fine and doing awesome. I have my first post in this blog and I am very excited to tell you about the word Entrepreneur and how to become successful Entrepreneur. So, Let’s get started.
What is Entrepreneurship?
Entrepreneurship is the reliable process of designing, starting and running a new and innovative business, initially in small scale. The people that create these kinds of new businesses are called Entrepreneurs.
The reality of life is that in this world nothing is guaranteed. You can have the best and adorable plans, unique products and services and perfectly do each thing but still fail. Right?
To be successful, you will require work hard, ability to preserve, develop effective and smart decisions and do everything which requires to set yourself to get success. These things can easily be controlled by yourself.
By doing your best in every area and give appropriate time to everything can make yourself strong and affectionate. Never give up but struggle every time.
What is an Entrepreneur?
An Entrepreneur is a person that starts their new business. Entrepreneur identifies his/her business need and will develop the product and services which addresses that need. Entrepreneurs manage their own business and assume all kind of financial risks that are associated with the enterprise.
Some famous Entrepreneur in the world that you likely to follow are:
- Bill Gate
- Steve Jobs
- Walt Disney
- Oprah Winfrey
- J.K Rowling
If you aim to be like these world successful people, then Entrepreneurship will be the right path for you. But to become an Entrepreneur, you might need special skills and qualities that are needed to start your new business.
Why people start small businesses?
The five big reasons that enforce people to start their own business.
- They are not satisfied with their current job and want to use their skills in exploring unique ideas to become successful.
- They have a strong passion to do something unique and want to make a better income with that business.
- They see a better vision as entrepreneurs than able to achieve as an employee. To achieve that vision, they are moved toward new business and try to do extraordinary business.
- They are bored, frustrated, unchallenged, feel restrained and restless when they are working for someone else. They think to do for themselves.
- They want to get other option for revenue and use their skills
Examples that inspire you to become Entrepreneur:
Many entrepreneurs don't start their journey by falling in the passion with their problems, but they start by falling in passion with the solution of the problem. If you are hoping to become new small business owners, but not sure what to start, then it will be better for you to open your eyes for similar moments happening in your life. It could help you a lot to get the perfect idea for your new business.
1) Mark Zuckerberg and Facebook
Facebook is the social networking services. It was launched in July 2003 as FaceMash but later on changing to "TheFaceBook" on February 4, 2004. It was founded by Mark Zuckerberg with fellow student and college roommate. Facebook started by first available for only Harvard students, then it expands to other Universities of Canada and the United States of America. Now, Facebook becomes the most popular and most usable social network all over the world.
2) Steve Paul Jobs:
Steve Jobs was an American investor and business magnate. He was SEO and chairman of Apple Inc. He also invented many other companies like "Pixar Animation Studios." He became world popular billionaire. Jobs passed away on October 5, 2011. His life was short, but his legacy continues. The life of Jobs is the testament to how the failures open new opportunities for getting success.
3) Bill Gates
Bill Gates is an American programmer, inventor, entrepreneur, and philanthropist. Microsoft was the number one software company in the world, founded by Bill Gates and Paul Allen. In January 2000, he was CEO of Microsoft and now Technological advisor to CEO "Satya Nadella". He is the second richest man of the world with net income $100.6 billion.
I hope you already know about the success stories of these people. The success stories of these people are the mixture of failures and success. But they never afraid of failure and try for the best to achieve the goal by considering an opportunity as the doorway to success.
FIVE QUALITIES OF SUCCESSFUL ENTREPRENEURS
After years of personal coaching and experience, I have discovered that the skills shared by entrepreneurs are the same that make them successful. All of these below-mentioned qualities can be easily learned. It is up to you to examine carefully the strength and dedication toward learning program.
Successful entrepreneurs should possess integrity. The most respected and valued quality that develop is the reputation for absolute integrity. So, it is important, to be honest in everything, every activity, and transaction. Never compromise on this trait. The more people trust you, will more willing to work for you, lend you money, give you credit, and purchase your products or services.
Self-discipline is another trait to become a successful entrepreneur. It is the best quality for success in business as well as in life. If you completely discipline yourself to do the right thing, then success is guaranteed. Self-discipline needs self-control, self-direction, self-mastery, and self-responsibility.
3) Clear Sense of Direction
Successful entrepreneurs should have a clear sense of destination. As entrepreneurs, you should have clear targets for yourself as well as your business. To give a right and clear sense of work is one of the most important responsibilities for the people working with you.
Never give up because of failure in your life. Failure brings lots of opportunities to get new ideas and enables you to achieve the goals of line as done by Steve Jobs. Persistence is the greatest asset for any entrepreneurs and is a true measure of your ideas and beliefs. It also measures your ability to get success.
5) Action-oriented and Decisive
Successful people are action-oriented and decisive. They try new ideas and work for making a valuable decision. They always show discipline to take proper action and the strategy to carry-out decision they make. Entrepreneurs always move fast and get feedback quickly from their business activities.
I would like to leave you with the thought to share this valuable information with your friends, family, and followers. So, you learn that Successful entrepreneurs develop a clear vision and goal for themselves, for their organization and employees. Hope you will get enough information about how to become a successful entrepreneur. You also come to know about the necessary traits that should have in entrepreneurs to succeed. Now I ask you what skills and traits do you feel an entrepreneur must have to be successful? Leave your comment. Thanks, 😊