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Who is an entrepreneur?
One who uses resources and gains from it, a dreamer, an innovator, a risk taker.
An entrepreneur is first and foremost an individual and that is YOU! It is therefore important to know who “YOU” is if you are going to be an effective entrepreneur. In determining who you are one can adopt the following exercise in self assessment. Create three columns and in column 1 write down a list of what you like to do, in column 2 write down your skills and experiences and in the column 3 write down what others think about you in terms of your skills and general qualities. Column 3 is important as follows: in column 1 one may write that they like talking, in column 3 others may be of the opinion that the person gives good advice or encouragement hence qualifying that characteristic a fact one may easily ignore. Remember that as important as column 3 is You are the only person who knows who You is!
What qualities are required for effective entrepreneurship?
1 Undying drive for achievement- You have to believe in what you do and it is important that you like what you do.
2 Create opportunity- Entrepreneurs are good problem solvers because of their ability to create ideas from situations. Washington Carver an American identified over 400 uses of the peanut! How much more is there to be done in the world?
3 Always be confident- Remember You will be the only creator and destroyer of your dream.
4 Ability to motivate people to your goals- Let other people see your point of view; you are the only one to defend your dream. Nehemiah realised that building the wall was not an impossible task after all, the greatest obstacle was the discouragement of the people.
These are a few guidelines and every entrepreneur will have a few of their own gained from their experiences.
Ways on how to get started in business and stay
Always ask questions and be on the lookout to improve existing inventions
Start small meaning reduce your expenses you may have to partner with other for resources
Always think ahead of the game. In this way you will beat the competition especially those who will simply copy what you do
Have mentors who have made it and they can advise on how to avoid the mistakes they made. Surround yourself with focused people who are also starting out they can become your mentors to drive you towards your goal
Don’t be afraid of taking risks, learn and grow from the mistakes you make
Begin and succeed in one idea and this will give you the momentum to pull you further to other goals
Read and think a lot on ways to improve your idea
Delegate tasks to others and reward them
Attend business and personal development seminars for improvement and networking
Always feel good about yourself- If you start a business refer to yourself as the President or CEO of your company
Never, never, never give up!
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Ken Auma
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