So, you're ready to dispose of saturation work from 9 to pk pk. 5 and began to open up your business. But you need more than just guts and the idea of victory to move from employee to entrepreneur. This is not an easy task and may require a large fee before achieving success.More than half of new businesses fail after five years running! The main reason, lack of experience, funding or management skills.
Here are 10 key qualities necessary to be successful entrepreneurs. Some of them might already have in your personality, while others should be continuously developed.
1. Special knowledge you need to have special knowledge relating to the business to be run. Without knowing the ins and outs of a particular product or market dynamics, you put yourself up for failure. Lack of knowledge will make bad decisions and learn from costly mistakes is not easy for entrepreneurs. When you set the business, there is only one narrow opportunity - one or at most two years - where you have to succeed before you run out of resources or energy. Regardless of the specific knowledge, you also must understand the basic trading area and your business quickly, from the accounts and administration to marketing and production.
2. Launching a new business confidence is a struggle and without the confidence and ability to see the situation, it will be easily destroyed. Employees mereflekseikan moral entrepreneurs and if they feel you are not honest or not safe, they will become restless and no motivation. You must learn to keep fear and anxiety in the hearts and merefkeksikannya personally. Before the public, you must be a figure of calm and confident.
3. TenacityThe ability to see situations are the qualities of successful entrepreneurs. People who are thus able to survive in an uncertain business conditions with determination and tenacity. A strong will is even more necessary in the early stages of business, even when small shocks occurred in the business. Employers must learn to rise from the failure encountered.
4. Proper motivationWhy do you want to start your business? Is solely to generate a lot of money so you can buy a condo? Is there something more that drives you? Entrepreneurs who have a higher motivation than just the value of rich tend to build a business that can last a long time. They are driven by the desire to create something worthwhile. They provide benefits in the environment by providing unique products and services or do something with a better way to deliver prosperity for everybody. Of course, they also become significantly richer, but this is rarely used as the primary motivation.
5. Creativity and innovationCreativity is the ability to provide unique solutions to these problems. Successful entrepreneurs adopted the techniques of creative problem solving to meet the challenge.Creative and innovative thinking are thus needed in all areas, from filling the market void, and visualize products with systems and procedures more efficient and cost effective.Sometimes, it only needs one good idea to change the fortunes of business and took out a good product.
6. No strategic view of a successful entrepreneur without a strategic vision to change many things. What steps should be taken in the future? What new products are launched?operations should be consolidated or expansion? investment of money or build capital reserves? what steps the next competitor? Will the economic downturn? The answers to these questions depends on the entrepreneur's strategic outlook. Entrepreneurs who have long criss-cross in the business world have the experience or simply by relying on having a good chance for success because they can sense which direction the wind blows and will direct the steering in the direction of the wind.
7. LeadershipAn entrepreneur must be able to become a leader. Leadership is a quality that provides guidance and inspiration for those who look towards you. Many people are lucky to be born with leadership qualities. For others, the skills acquired from hard work and experience. However, no successful entrepreneur without the leadership qualities to motivate people who work with them, encourage them to provide the best and determine the direction they are heading.
8. Eliminating the egoEntrepreneurs with high ego can not appreciate the views of anyone but his own views.They are easily offended and talented people who have trouble working with it. This could be the base of the problem. Employees with a level of self-respect and intelligence will leave the organization or seek a low profile in the workplace. Those who are ambitious to say the boss just what he wanted to hear. Selfish businessman who can not judge employees on the terms of their contribution to the company. They will be judged from the perspective of likes and dislikes. Such entrepreneurs will be fine competitor.
9. The ability to turnFlexibility in thinking is a key quality for entrepreneurs. They should be able to change their views and strategies based on the situation. To do so, the ego needs to be eliminated. If you have properties that way, you will not admit you made a mistake and refuse to take responsibility for your decisions. Entrepreneurs who selfishly kept pouring money for projects that have no hope of benefit. One of the best known example - which is still taught in business schools - who has the ability to turn is Microsoft. The company ignored the popular Internet phenomenon when it begins dipenjuru world. After two years of ignored it, Microsoft is reviewing posisnya and "turned the company in a heartbeat." In making changes, companies dealing with new technology, make acquisitions, new product release, and now stands at the forefront of the Internet revolution. All this would never happen if top managers are not flexible in approach and humble enough to say "We've made a mistake in this case."
10. EthicsEthics is the biggest factor has been heard of the company's prospects for long-term.Associates - suppliers, customers, employees, bankers, shareholders - not like the touch with a dishonest businessman. They will be difficult to eliminate the pain of his heart and must always be vigilant. Honesty and ethics are the seeds of trust and when other people begin to trust you, which will open many doors.
Here are 10 key qualities necessary to be successful entrepreneurs. Some of them might already have in your personality, while others should be continuously developed.
1. Special knowledge you need to have special knowledge relating to the business to be run. Without knowing the ins and outs of a particular product or market dynamics, you put yourself up for failure. Lack of knowledge will make bad decisions and learn from costly mistakes is not easy for entrepreneurs. When you set the business, there is only one narrow opportunity - one or at most two years - where you have to succeed before you run out of resources or energy. Regardless of the specific knowledge, you also must understand the basic trading area and your business quickly, from the accounts and administration to marketing and production.
2. Launching a new business confidence is a struggle and without the confidence and ability to see the situation, it will be easily destroyed. Employees mereflekseikan moral entrepreneurs and if they feel you are not honest or not safe, they will become restless and no motivation. You must learn to keep fear and anxiety in the hearts and merefkeksikannya personally. Before the public, you must be a figure of calm and confident.
3. TenacityThe ability to see situations are the qualities of successful entrepreneurs. People who are thus able to survive in an uncertain business conditions with determination and tenacity. A strong will is even more necessary in the early stages of business, even when small shocks occurred in the business. Employers must learn to rise from the failure encountered.
4. Proper motivationWhy do you want to start your business? Is solely to generate a lot of money so you can buy a condo? Is there something more that drives you? Entrepreneurs who have a higher motivation than just the value of rich tend to build a business that can last a long time. They are driven by the desire to create something worthwhile. They provide benefits in the environment by providing unique products and services or do something with a better way to deliver prosperity for everybody. Of course, they also become significantly richer, but this is rarely used as the primary motivation.
5. Creativity and innovationCreativity is the ability to provide unique solutions to these problems. Successful entrepreneurs adopted the techniques of creative problem solving to meet the challenge.Creative and innovative thinking are thus needed in all areas, from filling the market void, and visualize products with systems and procedures more efficient and cost effective.Sometimes, it only needs one good idea to change the fortunes of business and took out a good product.
6. No strategic view of a successful entrepreneur without a strategic vision to change many things. What steps should be taken in the future? What new products are launched?operations should be consolidated or expansion? investment of money or build capital reserves? what steps the next competitor? Will the economic downturn? The answers to these questions depends on the entrepreneur's strategic outlook. Entrepreneurs who have long criss-cross in the business world have the experience or simply by relying on having a good chance for success because they can sense which direction the wind blows and will direct the steering in the direction of the wind.
7. LeadershipAn entrepreneur must be able to become a leader. Leadership is a quality that provides guidance and inspiration for those who look towards you. Many people are lucky to be born with leadership qualities. For others, the skills acquired from hard work and experience. However, no successful entrepreneur without the leadership qualities to motivate people who work with them, encourage them to provide the best and determine the direction they are heading.
8. Eliminating the egoEntrepreneurs with high ego can not appreciate the views of anyone but his own views.They are easily offended and talented people who have trouble working with it. This could be the base of the problem. Employees with a level of self-respect and intelligence will leave the organization or seek a low profile in the workplace. Those who are ambitious to say the boss just what he wanted to hear. Selfish businessman who can not judge employees on the terms of their contribution to the company. They will be judged from the perspective of likes and dislikes. Such entrepreneurs will be fine competitor.
9. The ability to turnFlexibility in thinking is a key quality for entrepreneurs. They should be able to change their views and strategies based on the situation. To do so, the ego needs to be eliminated. If you have properties that way, you will not admit you made a mistake and refuse to take responsibility for your decisions. Entrepreneurs who selfishly kept pouring money for projects that have no hope of benefit. One of the best known example - which is still taught in business schools - who has the ability to turn is Microsoft. The company ignored the popular Internet phenomenon when it begins dipenjuru world. After two years of ignored it, Microsoft is reviewing posisnya and "turned the company in a heartbeat." In making changes, companies dealing with new technology, make acquisitions, new product release, and now stands at the forefront of the Internet revolution. All this would never happen if top managers are not flexible in approach and humble enough to say "We've made a mistake in this case."
10. EthicsEthics is the biggest factor has been heard of the company's prospects for long-term.Associates - suppliers, customers, employees, bankers, shareholders - not like the touch with a dishonest businessman. They will be difficult to eliminate the pain of his heart and must always be vigilant. Honesty and ethics are the seeds of trust and when other people begin to trust you, which will open many doors.
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