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How to become a successful entrepreneur
1. HOW TO BECOME A
SUCCESSFUL ENTREPRENEUR
Presentation By
Management Study Online (MSO)
2. As we know that in this present age it is uphill job to us to
carry entrepreneur title with our name, due to emergence of
high competitions in entire fields. In fact, now-a-days if
anyone has desire to set up his or her own enterprise in
regarding any goods or services than he or she should make a
project in relating goods or services. Otherwise, it will
become too difficult to him or her in setting up desired
enterprise. Because a project is the summery of relating goods
and services to which he or she want to sell through setting up
enterprise. Hence, if he or she doesn’t make project, than it
would not possible to him or her to carry on enterprise in
smooth manner.
3. TO BECOME A SUCCESSFUL ENTREPRENEUR THESE
QUALITIES SHOULD BE ATTACHED IN A PERSON:-
Capacity to Invest large Amount
Capacity to make Project
Capacity to Innovate
Capacity to Lead
Capacity to make Decisions
Patience in worst Situations
4. CAPACITY TO INVEST LARGE AMOUNT
An entrepreneur should be capable of investing money in
large scale. In fact, without investing money and bearing
risks no one can expect profits. Because to earn lots we
have to incur lots, it means to gain optimum profit we will
have to take optimum risks towards capital.
5. CAPACITY TO MAKE PROJECT
In fact, it is the duty of every entrepreneur
that he or she must have an idea about
making a project because on the basis of
nature of project one can invest his or her
money for achieving the projected objectives.
6. CAPACITY TO INNOVATE
An entrepreneur should have capacity to innovate
new ideas, techniques, methods and procedures for
producing qualitative and quantitative products by
proper conduct of his or her enterprise. In fact, the
life of an enterprise is totally depending upon the
innovative approach of entrepreneur.
7. CAPACITY TO LEAD
An entrepreneur should be capable of leading groups of
people for achieving his or her projected objectives.
8. CAPACITY TO MAKE DECISIONS
An entrepreneur should capable of making rational
decisions even in complex situations to resolving the
business problems. In fact, the smooth working of an
enterprise is totally depending on the decisions making
capacity of entrepreneur.
9. PATIENCE IN WORST SITUATIONS
An entrepreneur should have patience even in worst
business situations. In fact, an entrepreneur must be like
that he or she can take benefits even from utilizing worst
situations. This can only be possible by entrepreneur
while he or she has patience of facing the business
problems.