Sunday, 17 February 2013

What Is Entrepreneurship All About ?

Hey Guys Whats up ?? Hope all is well been a minute since I've been by huh ?? anyway lets get into it today i wanna focus on some of the details that is involved in entrepreneurship. when we hear that word the first thing that comes to mind is "someone owning their own business" which in fact is true and is exactly just that but one needs to remember in doing so it entails alot and it is quite a big risk in one of classes we had a guest who did a presentation just to highlight important aspects of entrepreneurship and i remember he said "U HAVE TO DO IT FOR LOVE" and this is so true yea you wanna make money and yes you want your business to be successful but in order for this to happen you also have to have that passion and drive that will always encourage you to go forward! 
Take a listen to this :)


With that being said there are a few things we budding business owners must always keep in mind, this venture we seek to create is not for fun, yea we may do it because of love but its about gain & making a living off something you enjoy doing. i got a handout from my lecturer that i would like to share the main points & ideas with you. the handout speaks to 10 TIPS FOR SUCCESS IN BUSINESS
1.  Embrace change
2. Use technology.
3. Keep your eye on the ball.
4.  Know your differentiators.
5. Lead by example.
6.  Give the illusion of participation
7. Control timing.
8. Know what you don't know.
9.  Stay organized.
10. Plan for success.

Also there are fundamentals of entrepreneurship that we must all take into consideration as in we need to face and know the *Reality of it its gonna be hard and take alot of time, money and effort but the truth and fact is nothing can ever replace the feeling you will get once it becomes a success and you see that your dream has come true. also we need to have *Passion, *Networking *Add Value *Have a Plan  another fundamental thing is sorting *Finances and this comes in stages from the ground up to the starting and investing to the returning and maintaining. and lastly one needs a BUSINESS MODEL this entails certain details but don't worry it is the next issue ill be addressing. but for now i will leave you with this to meditate on as well as a song from my favorite dancehall artiste #TeamGully ---> #GullyPrincess :)


Remember : 




See You Later On Shadz Scoop :D 

No comments:

Post a Comment