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An entrepreneur is an individual th t engages in a business enterprise in rder to maximise profits and to s bsequently make himself rich in the pr cess. What distinguishes the entrepreneur from a w rker is the ability to initiate deas and to be able to tr nslate this idea into physical reality thr ugh action. Being entrepreneurial goes deeper th n just having a job or c reer, it is a life style. B siness owners are special beings, they n ed deep commitment and seriousness to rrive at their targets. Most of th m are also risk takers, but th y assess risks well before plunging in. Th y adapt to change and improve th ir life skills through coaching, mentorship, b oks and experience. Finding success as an ntrepreneur is not a function of l ck, some attributes have to be in pl ce. Firstly, an entrepreneur should build h s/her business around satisfying a need, if th re is no need to satisfy, th n their is no need being in b siness. Secondly, an entrepreneur that would be s ccessful needs to train his kind to r cognise and explore opportunities around him. He lso needs to have a bit of m nagement skills to enhance the process of ntegrating and coordinating resources in arriving at a t rgeted goal.
Also, an is entrepreneur required to h ve some knowledge of marketing. This is to nable him exchange goods and services for m ney, identify his target market, reach the p ople within these market, and to nderstand the different behaviours of the c nsumers towards his product. Furthermore,the entrepreneur sh uld be good at planning as w ll as implementing the plan by nvolving others through effective delegation. Other v riables that will enhance the success of an ntrepreneur include, but not limited to the f llowing: persuasiveness, drive, vision, understanding, and p rseverance. Others are self-confidence, people, Godliness, c mpetitiveness and organisation.
The article Finding Success as an Entrepreneur was Submitted by Joseph Ene through Articles.GetACoder.com network. Here's the additional information: The author Joseph Ene owns and perate http://www.employment-4-graduates.blogspot.com , a completely free service which helps graduates to identify the different job opportunities available based on their discipline.Pay a visit to http://www.employment-4-graduates.blogspot.com and see why many graduates are flocking to this site.
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