Making a Successful Entrepreneurship

[rlesch]

So what are the key traits needed for a successful entrepreneurship? What are some of the obvious yet sometimes overlooked aspects needed for a business to be effective? What does everyone think...

[osantinoo]

In the current economy, there is one area that’s seeing tremendous growth and because of the way it’s poised, shows amazing promise. That’s the area of education ie Entrepreneurship in Education – one of the few recession proof segments. Become an entrepreneur in education. Here we are not just talking about imparting education in schools and colleges. We are talking about training, providing resources, infrastructure and whatever else educational institutions need to make them reach higher pinnacles of excellence.

So it is wise to get a Entrepreneurship in Education!

Become an Edupreneur – an ambassador of learning.

[PapaSpot]

Readers are Leaders. I think THE most important thing you can do to become a successful entrepreneur is to follow those who have had the most successes. Over the past 20 years or so I have read hundreds of books from authors like John C. Maxwell, Og Mandino, Norman Vincent Peale (my personal favorite), Napoleon Hill, The Holy Bible (namely the Psalms and Proverbs) and others. Because of this I have experienced amazing successes and improvements in every area of my life. Prayer is also vitally important. I would not be where I am today without my personal relationship with Jesus Christ, plain and simply.

I was once depressed, not I have enthusiasm and energy all the time. I couldn't sleep, but now I'm out as soon as my head hits the pillow. I was homeless and lived in absolute poverty, but now I am making good money, have a nice home, and a business that will soon be a multi-billion dollar business.

My personal recommendation: Get a hold of EVERY book ever written by Norman Vincent Peale and devour them. Read them over and over. Then DO what he says to do. You will be a new person, and a far more successful one at that.

P.S. I forgot to mention one necessity: Carry a pen and notebook with you everywhere you go. When you have a thought or idea, write it down. Never count on your memory, it will always fail you, but your notebook never will. This is an invaluable tool for EVERY entrepreneur. I learned this from a multi-millionaire and it is true. Every truly successful man or woman carries a notebook of some sort. If you want successful people to take you seriously, you should carry one too. It shows that you know your true limitations, that every thing you learn will be written down for later review, that you don't want to miss anything, that you are organized, methodical, and thorough. In every deal, I will choose the person with the notebook over the one who does not.

[dominantapproach]

The best way for you to succeed as an entrepreneur is to study the market or niche that you want to go into. Analyze the demand and study your competitor. You need to be updated with all of the information so that you would be able to target your leads in a way where they will want it. You can start by giving them free, useful and important information.

[jparinas21]

To be a successful entrepreneur you have to love what you do, know what your doing, and know what others have done.

Loving what you do gives you the passion and encouragement to strive harder.
Knowing what you're doing means analyzing first the outcome of your actions. What will be the effects if you do this or that? Ask yourself and try to foresee what will happen next.
Know what others have done simply means learning from others; others who have experiences.

Being an entrepreneur is not just a job but a career.

Jerico Pariñas
New Media Services Pty Ltd

[AlexSno]

Know what you are targeting with your products.
Also knowing what the competition has to offer and offering a different or an improved product will mean you will have a step ahead of them. Cutting costs is also effective in some situation but that will also minimize your earnings.
Someone said to me once that "you need to have this in your blood". I would add to this also hard work...

[nliten]

Interesting thoughts. I agree that reading and having mentors are musts in the business environments, but the largest and most often forgotten fact is, Do It, Start it Now, Don't Wait. This is the most common failure an entrepreneur can make. The place, business or time may never be right. If you don't start you will never succeed, or fail. Failure is a big portion of succeeding, it forces you to learn from your mistakes and streamlines your next planned business. Enjoy your business and make sure you hire the right people for the job. Treat your customers well and treat your prospective customers even better. Smile, be nice to people, offer to help, know their families. If you remember that business is not money but people your will succeed beyond your wildest dreams. You will also feel better about yourself and everyone around you.

Enjoy ad be Happy

[charactereducation]

For being a good entrepreneur, you should study about market, demand and supply. I think before starting entrepreneurship should do course recommended for this.

[epathchina]

To be good and outstanding entrepreeur, you should firstly know what is needed ,that is , you must know clearly about the market .
where there is a need,there is a market.then you have to do your best to meet the need and provide the wonderful service with the consumers.IMHO.

[TelecommutingMom]

I agree, you have to have a passion for what it is you are doing and a large amount of dedication and commitment.