The Message To A Successful Entrepreneurship
Yes! You can start a business.
Have you ever dream about developing your own unique idea for a business into a actual company? Yes! Then understand the need and passion of entrepreneurs. Some people
are entrepreneurs because they have always been. They started running their tiny business
when they were young and learned to do it. Other people started business because they didn't have a choice.Maybe they were forced by circumstances to start their own business.
Other have a passion about an idea or a vision that they want to implement.
I would imagine that many entrepreneurs start a business out of some kind of deep yearning
to do it, they have a great desire, but driven by a sense that it was what they was made to do.
Research show that people most often start their own business in their late thirty or early forties.This is the most stressful time in life for intense responsibilities for the family, such as,
raising kids, saving for retirement and the children college education, loan payment for your
own college , house, car, and perhaps even for your parents.
Is your family ready? Becoming entrepreneur and owning your own business can stress the family and several way finance. Involve additional works, involving the children if any, Risk of
failure. A new business is so complicated and risky, yet it can be so potentially financial
Now let us go in dept of the reason entrepreneurship hold a dominant position in the society! And the importance that it plays for the same. The following reason are responsible
for its important.
1. Provide employment to huge masses of people-people often hold a view that all those who do not get employed any where jump into entrepreneur, a real contrast to this is that
76% of establishments of new business were due to aspiration to chase opening.what more
important is that approximately 34 million of fresh employment opportunities were created by entrepreneur from the period of 1980 taken from data. This data makes it clear that
entrepreneurship heads nation toward better opportunities, which is a significant input to an
2.Contributed towards research and development system, almost of all innovations are due to entrepreneurs. Inventions provide an easier way of getting things done through better and standardized technology. Increase in the standard of living in the economic development of the country.Entrepreneurs plays a key role in increasing the standard of
living of people by adapting latest innovation in the production of wide variety of goods and services in large scale that too at a lower cost. This enable to avail better quality goods
at a lower price which results in the improvement of their standard of living. It stimulate
equitable redistribution of wealth and income in the interest of the country to more people
and geographic area.Thus giving benefit to a larger section of society
3.Entrepreneur provide immediate large scale employment to the unemployed which can
be a chronic problem for any nations. By having entrepreneur setting both large and small
scale numerous job opportunities are created for other. As time passes, these enterprises
grow, providing direct and indirect employment opportunities to many more.
To become a successful entrepreneur learn from other failure. Rather than admiring the small percentage of business that grow to become successful, study that ends up failing.
Gattlieb said his research would greatly increase your chances of success because most
companies have made common mistakes that have led to their demise.
Make sure this is what you want. Because entrepreneurship entails so much hard work, it is critical to ensure you're following the right path. If this is something you really want, then
think long term, and be persistent said Elizabeth Amini CEO of Anti-Aging Games LLC
Solve problem, Entrepreneur should always be in search of problem to solve, and not the other way around. In other words, they should not start with a solution looking a problem.
Be passionate, Successful Entrepreneur are driven primarily by a need for achievement and a desire to make a meaningful difference. The most important trait are passion and persistence, but these must not be confused with arrogance and stubbornness.
Get advice from those who done it. Amini advised would be business owners to find mentors who are successful . In addition to reading books, net working with people they admire and looking into great education programs to help them throughout the process.
Finally go to entrepreneur events in your area and just talk to people in general who run
business. Find a friend who has a similar interest and learn from other. One way to get
your first customer is to offer something for free. Market research has proven that when
you give something away for free customers are likely to be happy and tell a friend about it.
Another way to bolster your brand or services to trade show and convention. Get out there and meet people. Pass along a business card and talk to prospective customer to what their needs and see if you can provide them with something useful. Ultimately when people
remember a name through networking they are more likely to purchase goods and services.