Showing posts with label risk taking. Show all posts
Showing posts with label risk taking. Show all posts

Wednesday, March 30, 2016

3 VITAL TRAITS OF SUCCESSFUL BUSINESS ENTREPRENEURS


I woke up this morning with a very high spirit and in anticipation of calls from prospects from within and outside the country. I have been lucky these days to receive service request from people outside the country, at least I receive more than ten calls on daily basis for one service or the other, a client came in from India on Monday and he was impressed meeting me after long chats and conversation online. Some other clients from abroad have paid me for business plan on Nylon/Polythene set-up in Nigeria even though they have not met me in person. Likewise, my lawyer partner called from Abuja that some of our client’s names we put in for search at Corporate Affairs Commission had been approved for registration, all these are affirmations that ‘’winners never quit and quitters never win’’. In all of these, I found certain traits helpful in keeping afloat if you are a business entrepreneur and these traits are:


1. CONFIDENCE IN SELF
This is that supernatural control of having confidence in oneself and in one's powers and abilities.

2. SUCCESS ORIENTED
Achievements are gained by focused and sustained effort. They concentrate on achieving a specific goal, not just accomplishing a string of unrelated tasks.

3. RISK TAKING
Successful business entrepreneurs realize that there is a possibility of loss inherent in achieving their goals; nonetheless they have the confidence necessary to take calculated risks to achieve their goals.

Business entrepreneurs are individuals who will make decisions, take action, and think that they can control their own destinies. They are often inspired by a spirit of self-determination which leads them to believe that their success depends on rare effort and uphill struggle, not luck.

Hence, which of these three traits is the most significant? Trust me, it has to be self-confidence. With no self-confidence, nothing else is possible. If you don't believe in your capability, then the first hurdle that arises may knock you off the passageway to achieving your goals.
You can maintain a higher level of self-confidence if you keep these two things in mind:

POSITIVE THINKING
Well, it all starts with a optimistic attitude, doesn't it? Believing that something good will surely happens is the first step. Pessimistic thinking simply is not allowed. You must truly believe that there are no conditions strong enough to deter you from
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Tuesday, September 8, 2015

Outstanding Features Of An Effective Entrepreneur

Before a doctor diagnoses a specific disease, his patient must undergo a series of laboratory exams and assessments. He has to know the history of his patient and how lifestyle affected his present health problem. As results come in, that would be an indication of the time when a physician gives specific drugs and therapies for maintenance. This will eventually contribute to the level of optimum health for that individual. If all else fails, the process will be repeated again.

Similar to what the abovementioned situation has stated, an entrepreneur’s responsibility would be pretty much the same. It’s just that, he should see his customers as his patients and what they must have to survive a present predicament or a need. He must follow certain steps before doing anything irrational that could contribute to the downfall of his business. He should have certain characteristics innate in his personality for if he lacks one of these, he’s most probably doomed to fail.
Entrepreneurship is collectively defined as exhibiting one’s vision, taking action, and pursuing that vision as a goal to be achieved in life as service to reality. In the meaningless definition, it’s getting your butt out of that couch and doing something rather than fulfilling your life’s destiny of being a couch potato. Stated below are some of the distinct attitudes an entrepreneur should positively have:


• Optimism – is foreseeing things in a positive way notwithstanding any circumstances that may hinder progress. The assertiveness of an individual depends on his knowledge of how to handle a difficult situation

• Creativity – is thinking outside the box. Expanding one’s mind of what is beyond the ordinary through fine research and collection of data.

• Stability – either physical, mental, social or emotional, a leader must possess a stable life which means he could handle tough situations during tough times

• Charismatic – intelligence of communicating with different walks of life. Who says a charming man is less than an intelligent one? A good entrepreneur must have the certain magic glistening in his eyes and could convey enchanting words to get hold of that convincing power no one dare resist.

• Risk-taker – as someone beginning his own dream, he should be stern and must

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