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Showing posts with the label Entrepreneur

Define a Successful Entrepreneur! Come On, Try!

How difficult can it be to define a successful entrepreneur? You open your browser; you start Google-ing successful business people and start looking for common characteristics. Is it their knowledge that makes them successful? Or maybe his/her teamwork skills? What about their parental influence? Luck? You will soon realize that whatever you may see at the surface may be complemented by other attributes not easily discoverable. Many writers have committed their time to defining the perfect skills and characteristics of a successful entrepreneur. Some have managed to pinpoint specific skills, some just wondered around each them, comparing and determining others to play with the question: What defines a successful entrepreneur? The answer to this question became even more important after the results of the Dun & Bradstreet study published in 1977 which showed that 50% of all new businesses fail in the first 5 years of operations, and only 20% are still alive in their 11th year. What...

The Importance of a Vision For the Entrepreneur

Looking for improve small business tips? So here you are browsing on the Internet for the most easy to implement business tips, and looking how to utilise them profitably in your business. You are going to get plenty of “improve small business” tips on a number of websites, but you need to know whether they fit your vision of your small-business adequately and properly. Now, looking at the importance of a vision for the entrepreneur. Let us take Bill Gates as an example. He definitely did not need to complete college, because since childhood, he had a vision. He knew what he wanted to do, and as a teenager, he spent most of his time trying to achieve that particular goal. So by that time, he was ready to start on Microsoft in 1978, he had already reached the stage of superior understanding of the IT field. So, one of the most important “improve small business” tips is to have a vision of an achievable goal. Improve small business tips — Know What You Are Do...