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LETTERS TO MY UNBORN SON - SUCCESS IN ENTREPRENEURSHIP

Manlighet/ManlinessPosted by Maziyar Khallagi 03 Oct, 2011 12:50

"Always bear in mind that your own resolution to success is more important than any other one thing" - Abraham Lincoln

The word "entrepreneur" itself comes from the French word. entreprendre, which means "to undertake". I checked the Oxford Dictionary to find the definition of the word and it says: "a contractor acting as an intermediary between lanor and capital". There is a fine line between a successful businessman and a successful entrepreneur. You may think that they are somehow the same but the entrepreneurial personality conveys more gambling spirit, more speed and less adherence to the traditional and stereotyped roads of business. However both need to know what their customers want and what trends are currently occuring in their markets. To be a winner, they need constant contact with the marketplace and have an accurate understanding of what is going on. Remeber that some people dream of success while others wake up and work hard for it.

I believe that entrepreneurs are people with great imaginations. Some say that they have answers for everything. There are no problems that can not be solved. Entrepreneurs are creative thinkers, always seeking and finding new ways for doing things. They seem to have a inborn attitude for avoiding the ordinary. Their methods for finding new pathways in the business world is the main source if their success. The successful entrepreneur is a superthinker when it comes to analyzing the risk areas for a new project. If another qualified person can help minimizing the soft areas, he will employ them to narrow down the risk factors. He will also develop an alternative plan just in case the one he curently uses, does not work. Some people succeed because they are destined to while most people succeed because they are determined to.

Many of the ideas entrepreneurs successfully exploit are not their own. Almost every person in this world have at least one excellent idea but very few know how to merchandise them. For an entrepreneur, this is a natural ability. They like developing ideas so they can help the consumers. Being able to have a swift pace in this stage is very important for entrepreneurs, that is why most of them prefer working on their own. The most successful entrepreneurs judge their success by what they had to give up to get it!

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