Being a Successful Entrepreneur

Topics: Entrepreneurship, Entrepreneur, Management Pages: 2 (569 words) Published: November 15, 2012
Entrepreneurship is the level that all individual who dream to create and build their business to become successful. However, in today economy it’s hard to keep company going without losing your shirt. For potential and veteran entrepreneurs who believe that one day their product(s) would be the one to put their business on the map. Here are steps to make sure it happens. Therefore, discussing the best case scenario of Entrepreneurial will give the reader a good view to start on how to follow your dream in building a successful business.

To create a winning company entrepreneur’s need to fully understanding on what it takes to succeed and for investors on what they looking for when they invest in a startup business. There are five elements to prepare an entrepreneur at the starting line; passion, a winning team, big ideas, market insight and a good business plan, which are all build blocks for a solid foundation in new business beginning. In adding characteristics of being a risk taker with an ventures spirit entrepreneurs are also; visual—seeing how to market their business and organize—staying on track by following their business plan.

Let’s begin, discussing the five elements that’s mentioned, which can help entrepreneurs get started; First, is passion; this is a enthusiasm and eagerness feeling that give entrepreneur a overwhelming of excitement that’s(above and beyond the business plan and ideas) this can convinces others in believing your dream just as much as you do. Next, is a winning team; this step that will make or break you, based on the quality of your business management team. In hiring your employee’s credentials shows that you're ready (or not) for whatever the economy, markets, or the competition throws your way, a strong team is important. Following next, is big idea; by creating or developing a unique and useful product. Investors want to fund a winning company, best-case scenario; so an entrepreneur need to asks themselves what makes my...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • A Successful Entrepreneur Essay
  • Successful Entrepreneurs Essay
  • Entrepreneurs Personality for Being Successful in Business Essay
  • Essay on Successful Entrepreneur
  • Successful Entrepreneur Essay
  • The Characteristics of Successful Entrepreneurs Essay
  • The Successful Entrepreneurs Essay
  • Being Successful Essay

Become a StudyMode Member

Sign Up - It's Free