No one ever said it was easy being an entrepreneur. Whether you're in the early stages of your statrup, just secured funding for your startup or you are ready for product launch, there will always be those three components when you ask yourself if this whole entrepreneur thing is worth it. Instead of giving up and throwing-in the proverbial white towel, this forum will help in giving you all the motivation you need to achieve your result.
Success in business or whatever venture is something that everyone doing it will want to attain. The objective is to be successful and success doesn't easy. Any time i meet people i tell them success is a life style and in other to attain that level of lifestyle one has to do as the successful people do. Follow their every footstep and do as they do. Imagine you want to travel to a place you have never been before and you also dont know the way to the place.
If you say you want to just go about it by yourself it will definately take you a longer time than if you follow the path of someone who has been to that particular place. Success is attainable by everyone, you just have to learn and practice.
Here are a few thing successful people do which if you are to take up the mentality it will really help you in your journey to become successful.
Twenty percent of small businesses fail within their first year. Entrepreneurship is no walk in the park. In fact, the amount of new businesses that fail exceed the number that succeed. That’s why it’s more important than ever to create a unique product or service that helps you stand out from the rest.
However, don’t be discouraged. If you believe in your business, passion will prevail. On average, 75 percent of small-business owners are confident in their company. And why shouldn’t they be? They’ve turned their passion into profit. Yet, keep in mind it’s important not to be overly confident. Instead, take things one step at a time. Typically, 20 percent of small businesses fail in their first year, 50 percent in their fifth year and 70 percent after a decade of being in business.
A number of factors play into a business’s closing, such as location, the current market, cash flow and more. The number of reason most small businesses fail is due to cash flow, and California cities such …
It is incorrect to conclude that pursuing Entrepreneurship is better or worse than pursuing a role of a senior corporate executive. Being an entrepreneur is not for everyone. However, not every successful entrepreneur has the skill set to thrive in a corporate environment. Life as an entrepreneur, especially during the early stages of a business, is very challenging. There is an element of uncertainty and risk that one will not face when he/she signs up for a stable job with a large corporate. Further, the perks at the office and the lifestyle are typically not as extravagant. There are various reasons why people choose to pursue the path of entrepreneurship. Solving a problem/Addressing a need - The root of entrepreneurship is often based in solving a particular problem. For many entrepreneurs, ideas are driven by real life problems that they have faced. A prime example for this can be Brian Chesky and Joe Gebbia, founders of Airbnb. The need for a pocket-friendly accommodation other t…
Africa is a growing continent that
has great potential and natural resources. Because there are many business opportunities in Africa, most
entrepreneurs are now venturing in the continent. They take this opportunity not only to gain money but also to improve the
lives of the people in that region. To be a successful
entrepreneur in Africa, you have to look beyond the resources
the continent offers, the Gold, Diamond, Copper, Oil, Timber and many other
resources. The term “millionaire” is taking on a new meaning in Africa. It’s no longer just about the size of your bank account; any shady
politician, corrupt bureaucrat, or unscrupulous businessman on the continent
can easily claim to be a millionaire. But Africa’s new and emerging generation
of millionaires are not just excited about money. They’re also passionate about
impact; they want to create value that touches and improves people’s lives. It’s called impact
entrepreneurship. It’s the new way of making money and doing good, at the