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Tuesday, 21 November 2017

Entrepreneurship

Why Entrepreneurship now?

Entrepreneurship is very popular in the business sense where everyone wants to become a entrepreneur at a young age. It is very important for a young person to start enterprising at a young age.

Why should a young person consider entrepreneurship as a possible career? Being an entrepreneur at a young age does not only gives the young person freedom to make money but to do something that will change lives in a easier way. Changing lives is very important characteristics for an entrepreneur.

Do we know what is an entrepreneur? An entrepreneur is someone who start his/her business because the entrepreneur saw a need in the market or the gap in the market where none could not see but see problems only. Creativity and innovation is a important element to build a successful entrepreneur.

We live in a tough global economic crisis and solutions are need fast to solve those problems fast. When looking for solution to the problem, entrepreneurship is considered to be the problem solver. With the new idea produced by the entrepreneur a lot changes things around within seconds and the economic growth is stimulated.

People are very afraid to take risks but the people that really take risks are entrepreneurs. There is a saying that "the bigger the risks the bigger the rewards or huge returns on investment". If you want to succeed as an entrepreneur you need to take serious risks but calculated ones.

Patience is part of the entrepreneur's characteristics. Why successful entrepreneurs are patient for success and getting rich, they focus on getting things done, to get idea working and do things that they are passionate for. If you want to get rich as an entrepreneur you must know the word WAIT because speed kills.

Success of an entrepreneur is not measured on the amounts of money he has at the time either millionaire or billionaire, is only measured how he got the money. Money does not make a person successful because you know never how the person got the money. For example look at the Gupta family, yes the family has lots of money but in the business world no one would not even want to associate with them because they are involved in corruption and they are the reason South Africa's economy is collapsing because of the dodgy deals with our PRESIDENT but if we look at successful entrepreneurs like Bill Gates, Mark Zuckerburg, Cyril Ramaphosa, Patrice Motsepe, Richard Branson, Aliko Dangote, Jeff Bezos and the late Steve Jobs these are the entrepreneurs who created their wealth based on ehtics, hard work, creativity and innovation, empowering other people and more importantly changing people's lives.

If you want to start your own business now know that it is not too late to begin but remember use the entrepreneurs characteristics explained above. Whatever you want to do GO FOR IT.

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