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What is an entrepreneur?
According to Richard Canyon, an entrepreneur works towards achieving a goal and his main goal is to innovate something between the product and the customer.
The French economist Baptist, who first coined the term entrepreneur in 1800. According to him, an entrepreneur is someone who works as an organizer. Who finds innovation in products by utilizing money labor and planning.
Entrepreneurs are involved in all kinds of risks and self-establishment efforts and an enterprising entrepreneur always invests his money, labor and talent to make the business successful. In that sense, we can summarize that the entrepreneur is the one who takes all kinds of risks to make his idea or plan a business and invests his talent, labor and money.Every successful entrepreneur has overcome the difficult paths of life before achieving success. And the following qualities have helped us to overcome these difficult times.
What are the qualities to be a successful entrepreneur?
Management System International (MSI) researcher David Mc. A team of researchers led by Lelland has conducted a worldwide study and found that a total of 10 key features help a person to become a successful entrepreneur -
2. Perseverance: Taking repeated steps to overcome any obstacles or tackle any challenge. Finding alternative ways to reach the goal.
3. Maintaining work commitment: Taking responsibility for problems that arise while completing work for customers. Working with workers and getting things done through them so that customers are always satisfied.
4. Demand for quality and efficiency: Finding ways to deliver better, faster and cheaper products. Trying to make the product the way the new and best buyer wants, at the expense of all the excellence of the past.
5. Risk taking: Must have a risk taking attitude. A successful entrepreneur will take a tolerable / moderate risk according to his own opinion.
6. Search for information: Personally search for information about customers, suppliers and competitors. Utilize your own and business's various individuals or networks to gather information
7 . Goal setting: Setting clear and long term goals. Uninterrupted short-term planning to reach the long-term goals of a successful entrepreneur.
8. Proper planning and management: To achieve the goal, make a realistic plan and implement it step by step. To do a big job properly, to do it in small parts.
9. Motivation and Relationships: Setting the right strategies to inspire or influence others. Use business and personal connections to achieve your goals.
10. Self-confidence: To have strong faith in one's own strengths and qualities. Have confidence in your ability to cope with any difficult task or challenge.
11. To be able to lead
A successful entrepreneur must have the quality of leading from the front.
Successful entrepreneurs can manage everything in their work and personal affairs very nicely. They have the courage and ability to make big decisions - which is not the case with many others. They are available right in front of any work. They don’t just give instructions from behind.
Just as they can control themselves, they can guide others in the right direction. What they tell someone will work well - they can easily grasp it, and act accordingly. They have the innate ability to bring out the best in employees.
They take care of the needs of others at all times. Keeping track of the good and bad of team members and employees is part of their routine. This is why others respect them, and do as they say.
To be a successful entrepreneur, you must have the above 11 qualities.
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