Archive for the ‘Entrepreneurship’ Category

What Qualities Must You Have for Good Entrepreneurship?

The general notion about entrepreneurship is that it is only about starting a business and making it successful. However, that is far from the truth. The fact is that entrepreneurship has everything to do with implementing ideas, and for that reason it becomes important that you have a basic set of qualities in you.

Here we shall take a look at some of the qualities that you must possess in order to be a good entrepreneur.

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Starting Your Entrepreneurship Venture? Think about These Things First

You can unleash your entrepreneurship potential if you so wish and start a business that you take to super success, but before you can do that, you need to think about certain things. You don't want to end up like most people who start businesses and then don't succeed because of various things, mostly because they hadn't planned out things properly earlier. So that you don't end up that way too, here are some things that you might want to think about.

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Entrepreneurship – What it takes to be an Entrepreneur

So they had a little business experience? No problem; they could always find a grown-up, like eBay CEO Meg Whitman, to handle the operations. Not surprisingly, many young people came to believe entrepreneurship was a safe career choice. More than a few of their elders, too, underestimated the risks involved in financing start-ups and ended up pouring millions of dollars into doomed ventures.

The economic downturn has shattered those illusions. Now as we sift through the debris of hundreds of failed internet companies, it's a good time to ask the hard questions that many would-be entrepreneurs – and those who bankrolled them – overlooked in the heady days of the boom: what really makes an entrepreneur? What characteristics set successful entrepreneur apart, enabling them to venture against all odds and keep them alive even in the worst or times? Do you have those characteristics, and if you don't, can you develop them?

The truth is, real entrepreneurship is a far cry from managing an established business and farther still from the sanitized model that became popular during the late 1990s. the research says there are intriguing similarities in the way that successful entrepreneurs behave, similarities that hold true no matter the country or industry involved. Winning entrepreneurs feel comfortable striking the boundaries of property. They are passionate enough about their idea to assume enormous personal risks – powerful enemies, bankruptcy, even jail – to realize their dreams. However grand their vision they are ready to start small and patiently scrabble in the mud for any idea they can swing. Profoundly opportunistic, they will do what ever it takes to win the confidence of their customers and investors, knowing that simply staying in the business is the only thing that matters.

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Customer Satisfaction?An Important Aspect of Entrepreneurship

There are a lot of things that you certainly mustn't avoid if you are trying to appease your customers. Here we shall take a look at the things that are most important.

It is most important for you to be present for your customer at all times. A good entrepreneur knows that the customer needs him or her the most when there is a difficulty, such as when customer support is needed and that is one thing you should heavily invest in. You have to design your business so that it caters to the needs of the customer in every way. You could plan to have a 24/7 customer support mode, which could really help in improving the credibility of your business. Read the rest of this entry »
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