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How to become an Entrepreneur: Tips & Guide

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    Become an Entrepreneur
    Entrepreneur

    Last updated: May 29, 2020.

    Ah! We are old enough! We can’t do much at this age! What does age have to portray your capabilities? Do you eat less or useless just because you are no longer young? Sounds dramatically forge. Being good needs no numbers just an act of decision.

    There’s still time and a lot of chances are there for everyone. Even in the 40s, you can still hit the right empire big enough than the one that started in their 20s.

    Most of the time we are overwhelmed by the rejections and disappointments, hard work, and no results, remember success is the fruit of failing many times but never giving up.

    I love to read this every time; “There’s no secret. I worked really hard on my idea to get it as I could, and then knocked on door after door.

    I ended up showing my idea to 1200 people.
    900 said NO!
    300 people showed some interest.
    Only 85 people actually did anything.
    30 took a serious look.
    And 11 made me a multi-millionaire. Said Bill Gates.

    Who is an Entrepreneur?

    Usually, the term confuses many of us. Most of us think that; buying and selling objects does that make us an entrepreneur?

    An entrepreneur is a leader, opportunists, a learner, an innovator, a visionary, a driver, a motivator, and a challenger.

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    An entrepreneur is a person who is ready to take up the risk and responsibility willingly to develop, organize, and manage the business using the skills and creativity with persistence and without fear of setbacks and disappointments.

    What is an Entrepreneurship?

    Entrepreneurship Is a vision of accomplishing a goal, having the right eye of focus on the target of starting a new business venture innovatively and utilizing the opportunity to develop new discovery.

    What do we need to be an Entrepreneur?

    1) A decision-maker:

    Having a significant decision-making ability is one of the most crucial attribute for an entrepreneur. Strategically decisions are the very first steps that undergo while starting any business.

    Knowing what, how, why, and when before undergoing any venture always guide to the right direction.

    2) Be innovative:

    The world is turning into a copy and paste business, it’s okay to follow what others do, but it’s absolutely not correct to paste what they do, as we cannot steal someone’s creativity. In order to compete in the saturated world, one must be innovative and creative with own ideas of implementation.

    3) Time Management:

    We can never run ahead of the clock but we can actually monitor it for the right management. Time never stops for anybody nor can anyone buy it, no matter how rich we are.

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    Most of the time, we fail to value the importance of monitoring our schedules and lose out precious aspects.

    Time Management is very crucial for success. Time is the most valuable component.

    4) Being Focus:

    A successful business is always built with a focused mind. Have you ever noticed it? When we do a lot of things at the same time in expectation for great results, eventually end up with nothing done.

    But when we attain our focus on one thing at a time we succeed not only in the completion of the task but also in monitoring our mistakes and correcting them respectively.

    5) Customer care:

    What happens after starting up the business venture? Where do we go? Whom do we need? We often forget the crucial priority of our business, our clients, our customers are the prospects of our success.

    Treating them well is letting our business be treated well as well. Our behavior towards our clients reflects our brand.

    People vision us first, receive us first before accepting our idea. The most successful business is the result of having successful customers.

    6) Take Risk:

    Slow but steady, those who believe in taking risk are the winners. Nothing in the life of an entrepreneur comes in a silver plate, we all need to go the extra mile to earn it.

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    Taking meaningful, well planned, and careful risks is surely prescribed.

    7) Be a good planner:

    Planning is sustaining. Good planning leads to a successful path. For any business to start one requires a business plan for implementation. Without planning one cannot achieve the targeted goal.

    A well-planned entrepreneur takes the business to a focused context.

    8) Financial management:

    Every penny used wisely becomes a seed. With little well managed can grow into bigger and with having more and spent wrongly can lead to a loss. Strategize well your finance.

    9) Never give up:

    A successful person is the one who never gave up no matter how many times he failed.

    “Sometimes life hits you on the head with a brick, don’t lose faith” Steve jobs The most important quality of a good entrepreneur is to keep on trying, and always have a plan B.

    Sometimes we are so close to our finishing line without knowledge. Think again about why you have started.

    Every human is born with quality, ability, and creativity. Success and failure are part of the game but that doesn’t mean we stop trying just because we missed out the first chance.

    “Entrepreneurship is about turning what’s excites you in life into capital so that you can do more of it and move forward with it” Richard Branson.

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