To succeed as an entrepreneur, you have to look at what entrepreneurs do, the road they travel and follow them. The path entrepreneurs travel is what distinguishes them from regular business owners.

1. The Path of
Entrepreneurs
Iriobe Ofunre
ofunre.iriobe@gmail.com
What entrepreneurs do differently

2. Entrepreneurship has been associated
with mainly two things:
 Innovation and
 Venture start-up

3. Innovation is
largely missing in
most businesses in
developing
countries

5. Innovative
businesses give
the customers
that ultimate
satisfaction from
their product or
service.

6. There are paths entrepreneurs travel in
managing their businesses
That others can follow

7. What Entrepreneurs Do differently
Create the Market
They are Networkers
Calculated Risk Takers
They set-up Business structures
Entrepreneurs Learn
Explorative Thinking
Strive for Excellence
Visionary Leaders

8. Entrepreneurs Learn
Innovation comes from learning
Entrepreneurs don’t waste time on repetitive
and unproductive activities, they learn daily

9. Explorative thinking
New knowledge leads to explorative thinking
Entrepreneurs are not restricted in their thoughts,
they explore new knowledge and apply it
differently

10. Strive for excellence
Excellence leads to better results
Successful entrepreneurs push the envelope
with the aim of giving consumers what they
didn’t even know they needed.

11. Visionary Leaders
Ordinary businesses see where the market is…
Entrepreneurs see where the market is heading
Entrepreneurs see where the market is headed
Entrepreneurs are not myopic about events and things that work now,
they focus on where the market is heading .
They are progressive and have a pioneering spirit.

12. Create the market
Existing markets leads to New markets
Entrepreneurs create, transform and redefine the
market while others focus on moving into
existing markets

13. Networkers
Networking gives fresh inspiration and ideas
Entrepreneurs use networking as a tool for
developing ideas by engaging different people
with diverse experiences and background.

14. Calculated risk takers
New attempts keep the entrepreneur ahead of
the game
Entrepreneurs love to try new things, attempt
new heights and they get rewarded

15. Set up a business structure
A structure makes a business
If your business has no structure, you are a
mere trader
Your strategy, business model and innovation
culture rest on the business structure

16. If you are not on this path, you are not
entrepreneurial yet.

17. Bucmak Consult
Research and Business development
Osun state, Nigeria