The document discusses an entrepreneur's passion for turning ideas into profitable ventures. It notes that many aspiring entrepreneurs only think about the rewards of business success without acknowledging the work required. Being an entrepreneur requires serious commitment since 67% of small businesses fail within the first year. Unlike being an employee, business owners are not given mandated tasks and must focus intensely on opportunities where others see nothing. The document provides tips for setting goals and overcoming obstacles to achieve success as an entrepreneur focused singularly on their chosen idea.
2. “Passion to an entrepreneur means a strong
drive to change an idea or a method into a
profitable venture.”
3. Taking into account that 67% of small
businesses fail within their first year, I will
have to be very serious about being an
entrepreneur . This is due to the fact that so
many aspiring entrepreneurs only think
about the rewards of a successful business,
without acknowledging the process that is
required to produce those results
4. Owning a business is not like a being an
employee and having your tasks mandated for
you in advance.
7. Step 1: Set Goals with the Greatest Positive
Impact.
Step 2: Make SMART Goals for Best
Results.
Step 3: Writing Goals Down Is Essential.
Step 4: Think of Potential Obstacles and
Real Solutions
Step 5: Focus on Goals Everyday.
11. Take up one idea.
Make that one idea your life;
dream of it; think of it; live on that
idea. Let the brain, the body,
muscles, nerves, every part of
your body be full of that idea, and
just leave every other idea alone.
This is the way to success
The best way to acquire customers is to really believe in and have a passion for providing unique solutions for your customers’ problems. When you work to understand what their problems are and create solutions that are customized to solving their problems, you will find that people are highly positive about being your customer.
When you possess a passion for your business, its success is your main focus. This means that you will work tirelessly to create a product that is demanded by your target customers. You will work to provide the best customer service that keeps your existing customers loyal to your business.
This focus and intensity help eliminate wasted effort and distractions. Most companies die from indigestion rather than starvation, i.e., companies suffer from doing too many things at the same time rather than doing too few things very well. Stay focused on the mission.
Everyone will teach you to focus on goals, but successful people focus on the journey and celebrate the milestones along the way. Is it worth spending a large part of your life trying to reach the destination if you didn’t enjoy the journey
Unless you are the smartest person on earth (and who is), it’s likely that many others have thought about doing the same thing you’re trying to do. Success doesn’t necessarily come from breakthrough innovation but from flawless execution. A great strategy alone won’t win a game or a battle; the win comes from basic blocking and tackling. All of us have seen entrepreneurs who waste too much time writing business plans and preparing PowerPoints. I believe that a business plan is too long if it’s more than one page.
These two qualities need to be at the core of everything we do. Everybody has a conscience, but too many people stop listening to it. There is always that faint voice that warns you when you are not being completely honest or even slightly off track from the path of integrity. Be sure to listen to that voice. अखंडता प्रामाणिकपणा
Failure has to be given me serious thought because it is a common reality that all entrepreneurs want to avoid. In fact, the drives many entrepreneurs to succeed. Some fear is healthy. Fear is only a problem if you allow your fear to disrupt your ability to create a successful business
The only way to pay back the debts we owe is to help people we can help--and hope they will go on to help more people. When we are successful, we draw so much from the community and society that we live in that we should think in terms of how we can help others in return.
Whats our responsibility..