ComputerHunter.org |
|
|
|||
|
 |
How Entrepreneurs Succeed - The 5 Qualities Needed For Business Success
What is it that sets a successful businessperson apart from an average businessperson? Is it down to pure and simple luck, or is it all about having an amazing idea and a successful and strategic business plan in place? Well, these factors do indeed go a long way to turning a good business idea into a successful business operation, but they have nothing to do with what makes the 'person' succeed at business. Every great entrepreneur naturally has 5 key attributes that sets them aside from their competition and that ensure they will succeed where others may fail. These 5 personal qualities will all reflect upon the entrepreneur's business and they will mean the entrepreneur grows and develops every area of their own personal expertise to become not only the strategic thinker behind the business, but the strategic manager poised to lead the company forward to achieve even greater success. The 5 qualities that every entrepreneur shares and that are the keys to their business success are: - 1) Desire ? To succeed you have to have a massive desire to break out of the average 9 ? 5 grind, to step off the employee-job-salary treadmill and to put your ideas, ideals and beliefs into action. An entrepreneur's desire for personal fulfilment and professional success is his number one key strength and that which will force him to start out in business in the first place. This desire to achieve will become a desire for success and this desire for success will be reflected throughout the business. 2) Positivity ? Entrepreneurs have a positive mental attitude towards their life, their business and themselves; they are not restricted by disappointments and regrets and they look forward not backwards. A naturally positive person sees opportunities where others see obstacles, a naturally positive person frees their mind from negativity and disappointment so that it is free to dream, imagine, develop and expand. 3) Commitment ? To succeed you have to be committed to putting in the hard work necessary to build a business from the ground up. You have to commit to your beliefs and desires, you have to commit to your business idea and you have to commit to the employees within your company. With commitment comes effort, with effort comes results, with results comes success! 4) Patience ? Patience and commitment go hand in hand, and the patient entrepreneurs who dedicate themselves to working away at their business day after day will reap the rewards of their patience when the steady and focused hard work pays off in the form of positive and successful results. 5) Persistence ? Nothing is ever straightforward or without contradiction or change and the future is unknown. These factors mean that the final key entrepreneurial attribute is simply critical to success. When obstacles appear, when goal posts are moved and when 'these things are sent to try us' you have to persist with your ideas, persist with your hard work and keep focused on success. With patient and committed persistence the desired results will come. Rhiannon Williamson is the publisher of Shelter Offshore, an online motivational magazine designed to help those seeking new lives and business, investment and real estate opportunities abroad. Read more of her articles about working, living, investing and buying property abroad, visit Shelter Offshore
Google News - Top Stories
|
|
|
|
RELATED ARTICLES
The Heroic Entrepreneur: Profiting from Your Brilliance If you look up the definition of hero in Webster's, you'll find a definition something like, 'A person noted for feats of courage or nobility of purpose, especially one who has risked or sacrificed his or her life: soldiers and nurses who were heroes in an unpopular war'. Some heroes in our lives have earned that badge of honor by doing something everyone feels is heroic as defined in the traditional sense, whether it's running into a burning building to rescue a child, pulling an injured woman from a car accident, or fighting the enemy in the time of war. Applying The Daffodil Theory into Business Practice At times all of us need a bit of inspiration to add to our day. When I first read this article, I had started my own home based business and was in a bit of a slump. This inspirational story was exactly what helped spring me into action and keep on going. The History of the Franchise Business - Learning about Business Opportunities by Looking at the Past Hair care has been around as long as humans have been on the planet. The earliest record of personal hair care dates back 2.5 million years ago, when brushes used to create cave paintings in Spain and France were adapted for use in hair grooming. Interestingly, many of the innovations in hair design that are still used today originated in the late 19th century. Oil Change Guys History; Part IV One trait of franchisors and something you will find in all their biographies both; official and unofficial is their competitiveness and refusal to give up. Now onto Part IV of our saga: Time Management Tips for Solo Entrepreneurs Does it seem like everyone and everything is vying for your attention all at once? It can be hard for solo entrepreneurs to know what to do first, let alone try to find the time to get caught up. Here are some time management tips that will help you to stay on top of it all: When Your Business Feels Like an Arranged Marriage Q. I was laid off six months ago. Jobs in my field are scarce so I moved to a new town to start a home business. People have paid me for everything from website maintenance to pet sitting. Franchises - Emotional Fulfillment - The Challenge Does A Franchise Meet Your Needs? Raising Entrepreneurs: What to Do When Your Kid is Born to Think Differently Adolescence brings with it many challenges ? for both parents and kids. Young people, still new to the world, are embarking on a journey to discover their passions, joys, and authentic self-images. More often than not, however, their journey more closely resembles an elongated stampede of enraged elephants than it does an innocent soul-searching endeavor. But no one said growing up would be easy. 100% of Nothing What would it be worth to you to receive a steady stream of new customers with little or no effort on your part? Would you be willing to pay 10% of the revenue they generate? 20%? 50%? Or do you believe that you can't afford to pay anything? Starting Your Business: It All Boils Down To Making Money and Saving Money Bootstrapping in the context of business start-ups refers to the use of creative financing approaches such as leveraging personal savings, credit-card debt, loans from friends and family, bartering, and other means to launch a business. Some business founders use bootstrapping because they have no other choice. Just about anyone who has approached a bank has learned that "only established businesses need apply." Bankers typically look for cash flow, assets, an established customer base, and a successful track record on the part of the business that is seeking a start-up loan. Obviously, this is a short list that is impossible to fulfill when you are just getting started. Questions For The Entrepreneur To Be Entrepreneurial e-gnorance Differentiation Strategies for Franchise Companies With the growing number of franchise offerings recently it is difficult for the smallest franchise companies to compete. They generally do not have the advertising budgets to pick and choose which markets the franchise prospects will be calling from. Many rely solely on Internet Marketing; unfortunately 80% of such leads are not so good. On top of this obstacle they must compete with sales departments of larger franchise companies, which have lots of experience. 7 Lean Marketing Laws For The Inspired Entrepreneur The following laws will provide guidance on how to act,think and work in a lean way. You can apply these laws toall areas of your life, work and business to get biggerresults from the time you invest. 5 TIPS for Home-Based Business Entrepreneurs Have you ever heard that only a small part (5%) of 'all' Home-Based Business entrepreneurs achieve success? How Entrepreneurs Make Money Selling Global Brands On and Off-line Did you know that thousands of companies from all over the world are looking for enthusiastic individuals to represent their products overseas? That person can be you. From Chinese toys to Brazilian bikinis people are making money reselling all kinds of products for a profit. Curb Your Enthusiasm Isn't enthusiasm a good thing? Aren't we urged to be enthusiastic about what we do? To be committed? Go Slow to Go Fast - Why Over 80% Of High Tech Startups Fail And What To Do About It With billions of dollars of venture capital residing down the street on Sand Hill Road, two Stanford professors are attempting to answer a fundamental question "why does it always take longer and cost more to build a hi-tech company than anyone ever expects?" For all the intellect, experience and graduate degrees in the venture capital industry, the sad truth is that 80% of venture capital investments do not pan out. While the reasons for this high attrition rate are too numerous to list here, a simple fact defines every successful investment - the company figures out how to bring in more money than it spends. The secret to solving this fundamental equation these two professors believe lies in the Sales Learning Curve. An Entrepreneur and a Life To Be Remembered I was reminded of my own mortality today. I guess you can say I had a near death experience, though the death I experienced was not my own. Realism vs. Optimism in the Business Plan The most important function of a business plan is to create interest among investors so that they write a check. In achieving this goal, business plan writers are often challenged by determining the proper level of optimism in their plan. That is, they must create a compelling story to investors while maintaining credibility. Entrepreneurship as Your Passion Entrepreneurship has been my passion for as long as I can commit to memory to learning how to type, and that started in 5th grade! Strangely enough, I wasn't raised around lots of business owners growing up in New Jersey nor surrounded by many business-minded individuals.
|
|
|
|
|
