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How Entrepreneurs Succeed ?


Acording to Rhiannon Williamson from Shelter Offshore, every great entrepreneur naturally has 5 key attributes that sets them aside from their competition and that ensure they will succeed where others may fail:

1) Desire – To succeed you have to have a massive desire to break out of the average 9 – 5 grind, to step off the employee-job-salary treadmill and to put your ideas, ideals and beliefs into action. This desire to achieve will become a desire for success and this desire for success will be reflected throughout the business.

2) Positivity – Entrepreneurs have a positive mental attitude towards their life, their business and themselves. A naturally positive person sees opportunities where others see obstacles.

3) Commitment – Commit to your beliefs and desires, commit to your business idea and commit to the employees within your company. With commitment comes effort, with effort comes results, with results comes success!

4) Patience – Patience and commitment go hand in hand. Patient entrepreneurs who dedicate themselves to working away at their business day after day will reap the rewards of their patience in the form of positive and successful results.

5) Persistence – Nothing is ever straightforward or without contradiction or change and the future is unknown. With patient and committed persistence the desired results will come.

Article Source: http://EzineArticles.com/

Acerca de TechBusinessNotes - NAN

Systems Engineer, MBA in IT Operations and Marketing Intelligence. Experience and continuous interest in IT Operations, Marketing Research, Social Media, CRM, and Strategy. (My comments, shared articles and interests do not necessarily represent neither my clients' nor former or current employers')

Comentarios

6 comentarios en “How Entrepreneurs Succeed ?

  1. Extract from a Column published by Doug Ducey :

    So how do you tell the difference between a great Mom & Pop and a great Professional Op? It’s actually pretty easy:

    Mom & Pops…

    Love their business
    Love their customers
    Are optimistic about success
    Work hard in their stores everyday
    Professional Ops…

    Love their business
    Love their customers
    Are optimistic about success
    Set goals, develop plans, and work to achieve them every day

    Publicado por Nestor | marzo, 12:27
  2. Here are the 75 startup secrets with, among the first tips a good business plan… Note that some of these secrets don’t apply for very small companies.

    http://www.entrepreneur.com/75secrets

    Publicado por denis | marzo, 17:29
  3. KNOW THE INDUSTRY AND THE COMPETITION

    If you are exploring what type of business you want to start or buy, probably you will start by finding out what product or service you feel you can provide based on your skills, abilities and experience.
    Regardless of what kind of business you are aiming to you need to make sure you research not only in the Internet but face to face similar businesses or offerings. By meeting new people you would learn more about the industry or type of business and will start building your own network.
    Let’s say you are thinking of starting your own bakery. Spend time visiting bakeries in your area. Watch what their peak hours are, how they treat customers, do all of them look the same? How do they use their space? How is the advertising?

    After some close observation you will realize that you know more on the field, and you may end up identifying some gaps that your new company might fulfill. For example, let’s say you come to learn that bakeries close too early (since they open so early in the morning) and you may decide to start a bakery that also offers a café that stays open until later…

    You may want to visit bakeries from different levels from the regular bread and cakes local bakery to the specialized and more exclusive and elegant pastry shop. This will also show you potential segments in the market that are not being served…

    Publicado por Nestor | marzo, 22:43
  4. What type of Business?

    If you are exploring what type of business you want to start or buy, probably you will start by finding out what product or service you feel you can provide based on your skills, abilities and experience.

    Regardless of what kind of business you are aiming to you need to make sure you research not only in the Internet but meet face to face similar businesses or offerings. By meeting new people you would learn more about the industry or type of business and will start building your own network.

    Let’s say you are thinking of starting your own bakery. Spend time visiting bakeries in your area. Watch what their peak hours are, how they treat customers, do all of them look the same? How do they use their space? How is the advertising? After some close observation you will realize that you know more on the field, and you may end up identifying some gaps that your new company might fulfill. For example, let’s say you come to learn that bakeries close too early (since they open so early in the morning) and you may decide to start a bakery that also offers a café that stays open until later… You may want to visit bakeries from different levels from the regular bread and cakes local bakery to the specialized and more exclusive and elegant pastry shop. This will also help you to identify potential segments in the market that are not being served, and that represents a business opportunity for you.

    Another source of ideas would be to Visit businesses in other locations. They will be far enough not to be your immediate and direct competitors. Depending on your interpersonal skills you may be open and talk directly to the owner and learn from his/her business.

    Talk to your insurance agent or your real estate agent. They may know of somebody who is planning to sell his/her business. Ask questions and try to find out what is really behind their interest in selling. Talk to neighbor businesses. Is there something wrong with the location? Is there something related to the current market, or the customer service? Or the product/service provided is not fulfilling the local market’s wants and needs?

     

    Publicado por Marketeer | marzo, 01:05
  5. COMPETITIVE ADVANTAGE

    Competitive Advantage is what target market customers and competitors perceive about your product or service as being superior to other products/services.

    Don’t think that because of the size of your company you can’t create competitive advantage, or that all the good ideas are already taken.

    The existing companies of every size will present resistance to new comers. So YOU will have to find that edge or competitive advantage that will allow you enter that competitive market.

    The first thing you need to do then, is to identify and get to know all you can about those exisiting players and figure out what will make your offering “different” to the customer so they will be willing to hear you…

    (A couple of examples will come next..)

    Publicado por Nestor | marzo, 10:07
  6. COMPETITIVE ADVANTAGE

    Competitive Advantage is what target market customers and competitors perceive about your product or service as being superior to other products/services.

    Don’t think that because of the size of your company you can’t create competitive advantage, or that all the good ideas are already taken.

    The existing companies of every size will present resistance to new comers. So YOU will have to find that edge or competitive advantage that will allow you enter that competitive market.

    The first thing you need to do then, is to identify and get to know all you can about those exisiting players and figure out what will make your offering be perceived as “special” or “better” by the customer so they will be willing to hear you…

    (A couple of examples will be posted later..)

    Publicado por Nestor | marzo, 10:10

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NAN Consulting Services - NAN Strategy has successfully offered its experience and expertise in IT and Business Strategy to professionals as well as small and medium businesses in different industries.

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