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podcast

    Starting a  business that works for you is now the most common way to
achieve financial independence. Some people succeed in becoming successful
entrepreneurs, while others are less successful. How to become a successful
entrepreneur. In this article, you will discover the strategies for successful
entrepreneurship and 7 characteristics of successful entrepreneurs.

Becoming an entrepreneur: the reasons?

An entrepreneur is one who takes risks that others cannot. The entrepreneur
creates and develops successful businesses. We are talking about a borrower who
assumes ideas, but within a company. Being an entrepreneur allows you to do what
you really like.

The questions that constantly arise are:

I'm too young: I'm not old enough to be an entrepreneur.

I don't have experience: it doesn't take a lot of experience, that's why we
train.

Why become an entrepreneur? In the coming years, more current services will
disappear. The number of entrepreneurs has doubled compared to the number of
entrepreneurs in 2016, so you can start too.

Don't confuse a Manager with an entrepreneur. A Manager minimizes risk while an
entrepreneur maximizes opportunities, one runs the business, and the other
creates a business. The manager is an intermediary in the company, he has a role
in a structured entity. There are three types of entrepreneurs. We have:

Those who want to optimize their time: those who have websites, blogs ...

Some entrepreneurs want to increase their income: We have the example of Uber
...

Those who want to create even more, but spend less : we have the case of google,
the more you ask, the more you earn and you don't spend anything.

Entrepreneur: benefits

There comes a time when you wonder if you enjoy life as it is. You have no right
to bury your dreams, you have to believe in yourself. What characterizes an
entrepreneur is his mood, he sees opportunities in the face of all challenges,
he cultivates them.

When you are a young student, you have time and you can learn a lot. Diplomas
are not enough to be an entrepreneur. When you choose to be an entrepreneur, you
choose to be a student for the rest of your life, you will always learn.
Entrepreneurship puts you in a position where you have to be tough (it takes
time) and it takes perseverance. Studies prepare us more to be employees than
entrepreneurs, the decision depends on us. It can do in 2 years what employees
will do in 10 years.

How to become a successful entrepreneur

 

Finding instructors or consultants is one of the most effective ways. These
days, it is more common to train online or attend conferences. Increase your
opportunities to meet people. Invest in education, not just free education;
training helps a lot to create and optimize the imagination. One of the great
filmmakers said that you do not remember everything in your memory, he notes.

When you read books about what you want to do, you have to read a lot to know
how to do it. Read as many as you can every day, at least 60 books a year. You
have to start when you have learned. Good will is not enough, learn enough
before you start, it is necessary to have a great vision, lack of vision is lack
of coherence. we don't have to think in the short term.

Approach successful entrepreneurs, not because we are entrepreneurs we will earn
a lot from the beginning. See how they did it, learn from them. Approach not
just those in your area or area you want to enter.

Freedom and personal time management. The employee can start part time. Don't
confuse activity with productivity. start by setting a schedule that fits your
work schedule.

It is essential that you develop before and during the course to make the most
of your potential. For example, you should contact your bank to examine your
financial health before applying for a bank loan. Also, try to see if you have a
significant amount of equity. Make sure you plan on the predictable and the
unpredictable.

Whether you want to hire a service provider or pay for equipment, quality is
very important, and the price you pay comes with it. You also need to understand
the opportunities well. You will not be able to do everything yourself.

Leadership and motivation.

 Evaluate yourself if you know how to give orders, lead a team and send a
message. Communication skills are very necessary, knowing how to listen to the
advice of others.

Emotional intelligence; creativity, you need to be able to detect ideas from
different points of view. You also learn to negotiate prices, contract and
manage conflicts. Develop ethics with employees, customers, suppliers and
others. You also need to set goals, plan and organize yourself, and your ability
to make decisions very quickly.

3. Accept the Challenges of Becoming a Successful Entrepreneur

Surround yourself with proactive people to become a successful entrepreneur. It
is quite difficult to dream big or to engage in something without having the
right environment. Talk to people who believe in you. Run away from bad people
as much as possible, critics can help you, but not always. Don't waste time with
someone who doesn't teach you anything, but look for friends with the same idea.

Do not be afraid of rejection even from your family, follow your heart even if
everyone is against you. It's about yourself, about how you present yourself and
what you can give to others. Success is not what you will do, but what you will
become.

Entrepreneurship: the challenges of entrepreneurship

It will take time, money and energy. You may feel different at first, people
will think you are crazy, you have to go in the end, no matter what others say.
Expect a lot from you. Knowing how to take risks is an effective quality, to
venture, to take calculated risks, not to improvise anything. The more you work,
the more successful you will be. Don't limit yourself to one talent, look beyond
it.

And you were hit, get up, those who succeeded, failed many times. There are no
easy successes or eternal failures. You need to know from the beginning that you
will start to look a lot, discouragement will come, but in the end you will be
able to make your way.

It is the decision that will keep you moving. It is not for everyone, everyone
can become an entrepreneur, but not everyone can remain an entrepreneur, it is
necessary to know how to persevere, even after several refusals. We recognize a
great entrepreneur for his ability to cope with difficult times.

Choose the action instead of the reaction, have the right attitude, do not
expect the events to work for you. Get ready to face the stubble, take steps for
free. You need to have a structured plan, take a break and think about whether
your current life is right for you or not. It has nothing to do with academic
intelligence, but with passion and determination.

We are not looking for ideas, but any problem you want to solve, you have to do
something that interests people. Is the problem real? What will be my solution
in the future to address the big issues? Innovation is good, but copying is also
good, don't go too far, look around you. What matters is to execute the idea and
talk about it around you.

  Give yourself a mission, it's not a matter of money, it's a matter of mission
to accomplish. Stop imagining, start. You will have to be optimistic, believe in
your vision, encourage initiative, have total control, be persistent, have risk
tolerance.

  A balanced diet is also necessary for a successful entrepreneur. It is the
basis of all things. Eat what doesn't stop you. Knowing how to find what is
right for you, you can consult a nutritionist on this topic, food interferes a
lot with your morale and efficiency during the day.

 Find your strengths (drawing, cooking, humor, office, art ...) to become a
successful entrepreneur. Develop your skills. Develop as many skills as
possible, don't wait to be 100% to share, add your skills as much as possible,
in languages, communication, marketing ...

 

Don't always wait for the right time. Invest where you can, there will never be
100% certainty that it will work, try a few things. In the same way you act with
others, customers will act with you, they will learn to make money, you will pay
your employees as they should, for example. Develop your financial intelligence,
find out what you can invest in. Don't feel bad about money. You see money as
numbers that need to be increased, don't be afraid to talk about money with the
people around you and see it as a game, to attract the money you need, to have a
positive attitude.

What values do you put in what you want to achieve? An airline can earn $
200,000 and profit only 0.2%, while Google can earn $ 50,000 and profit 20%.

Find good customers. You can also report bad customers to your competitors, you
need to be able to identify the good ones, the ones who approach you because of
your competition and not because of the prices. It respects your prices and
works to meet your needs. do not treat all customers the same, some should have
a secretary, others should have their personal number.

You have to work hard without having an income related to your time. Be
disciplined, so you will succeed or you will waste your time. Know your value,
assign monetary value to your time.

Where you spend most of your time, always make sure you get results after
listening or talking to people, take care of your time. Reduce the hours you
spend in front of the TV, don't watch sports, but do sports . Turn hypotheses
into experience - to become better and better, you can have a vision and get
started.

Financial independence - Becoming a successful entrepreneur. 

The goal is not to be busy, but to be productive, choosing the right activities.
There are 3 specific activities to become a successful entrepreneur:

  Doing a good business: focusing on daily sales, increasing revenue, attracting
new customers, presenting products and services.

  Self-image: Become an expert in a certain activity to attract customers in a
natural way. Become a reference, have a very good attitude, do not beg. as an
entrepreneur you have to behave like a gardener who has the seed that will bear
fruit later.

  Don't be independent: you work for the company you are in management, your
goal is to lead your company to expansion. Grow your business. Find the right
people to work with, choose them based on their tenacity and ability to believe
in you.

 

7 characteristics of successful entrepreneurs

1. Put the resources on your side.

2. You know how to aim for success: you know why things happen, you know how to
assimilate, allow failure and support examples of success.

3. Stop confronting yourself: be yourself, it doesn't hurt to compare yourself
with who you are in the market, working and focusing on yourself.

4. Learn to listen to the advice of others: be open, pay attention to judgment,
do not judge people by youth or other criteria. Knowing how to ask for
information, asking questions is good, but you should not accept everything.

5. Talent is not enough: it is necessary to move forward, to have the right
team, to be dynamic and talented, but above all think long term.

6. Develop good marketing techniques: love your customers, understand what they
need.

7. Be with other entrepreneurs: Don't be the same at work and at home, you can
be too stylish at work and not too stylish at home, you need to know how to be
professional when you need to.

 





HOW TO BECOME A SUCCESSFUL BUSINESS OWNER.


09 august 2021



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