How to know you would be good with entrepreneurship

Augusta

VIP Contributor
If you think of being an entrepreneur you have to first finds out what it entails and see if you can naturally fits in. The fact remains that not everyone is suited for Everything no matter how good that thing can he.

A lot of people now have ventured into one business or the other. But failed badly before they even started. So instead of waiting to know which by this time you might have spent and wasted so much money. You can use the below points to measure for your self.

High level of creativity: Entrepreneurship needs high level of creativity. So search yourself to find out if you have this.

High level of Risks tolerance: Can you deal highly with risks. Being an entrepreneur is risky.

High level of self control: Can you be patient enough with your customers and others? You would need a truck load of this.

Taking advantage of opportunities: Do you know when opportunities present itself. Can you take advantage immediately.

You need to be sure of these before thinking about entrepreneurship.

What's your thought?
 

Ithedicious

Valued Contributor
There are different type of business , the most important thing we should be looking forward is to establish the type of business that is mostly suitable in the location we are living because with that the possibility of succeeding will be very high as long as  you as a business owner will be able to relate with your customers and client perfectly..

And also , I just believe that anyone can establish a business no matter where the person is and no matter who you are depending on the arrangement you have made concerning the business to established.

In most cases organisation of business is the most important thing because so many people can establish a business , not really the type of business they have interest to do but will employed professionals into the business . The success of this business is how they are able to manage people they have employee into the business that the business is not abuse.
 

Mastergp

Verified member
Many business we may fine around us are facing different problem some of them have shot down because they are not properly manage, good management skills is really needed in order to succeed and many are finding that means.

To be a good entrepreneur one must first of all understand the business he or she is handling and a good connection with our business would help us know which areas that would lead one to success. So many people lack this knowledge they run into any business they see as well it is called business but running a business that we know for sure, would make one want to do more so that his business will grow.

One way we would know that we are doing well in our business is our income rate would increase and our number of client we have will keep increasing day in day out, I can personally remember when I started my business newly the number of client I had at that period of time was too great to the point that I had to rent another shop so that my client will fit in comfortable, at that point I knew that I was good as an entrepreneur many people have their different period which the realize this.
 

Carpon

Valued Contributor
I concur with you on this and it is indeed true that not everyone can thrive and flourish as an entrepreneur. But this does not mean that entrepreneurship skills cannot be developed. There are a lot of people with poor entrepreneurship skills and orientation and through mentorship and some other processes, they developed their entrepreneurship abilities.

Truly, an entrepreneur must be able to tolerate losses. In the road towards becoming successful in any field or area of specialisation, there are some failures that one will have and in the business field, loss is part of the failures that entrepreneurs can face. So your ability to bear with that and not quit or submit to some tendencies that it comes along with greatly matters.

An entrepreneur must also be one that can learn and unlearn. There are times when you will need to come under someone for mentorship in order to learn new entrepreneurship skills. So your level of submission to mentorship also matters.
 

AugusHoek

New member
Aside from the points you mentioned above, a person who wants to become an entrepreneur must have a competitive nature.
Being a hard-working person is another important aspect of being an entrepreneur. This is because you must have the ability to overcome the challenges and the will for hard work to lead your business to success.
 

CALVINDOL

VIP Contributor
If you are a kind of individual that is always organised and always think twice when carrying out a particular action despite how urgent it is there could also be a chance that you could become a good and effective business entrepreneur. Also if you are a risk taker and a good observer you could be able to succeed in your intentions and decisions of becoming an effective good business entrepreneur. If you should ask a high school or a tertiary institution student about what he or she knows about who an entrepreneur is, they will always give you the answer that an entrepreneur is a risk taker.

And that is definitely true about who an entrepreneur is because without being able to take calculated risk as a result of his ability to formulate various strategies to bypass problems and finding solutions he or she can not be positive and effective in his or her decision of becoming an effective business entrepreneur.
 
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