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Thursday 3 January 2013

Creating Something out of Nothing


This is the essence of entrepreneurship; designing, creating, forming, and planning something that has never existed before. As this task can be very rewarding, it is often believed to be a risky and uncertain path. Although, with the growth in technology over the past decade, entrepreneurship has grown appeal nationally and worldwide. If you are considering going down this road and doing something that has never been done before then you have come to the right place. I will go through the first beginner steps in approaching entrepreneurship.

Embrace Uncertainty
In life, there will always be situations where we are unsure of what to do or how to do something. Depending how one approaches these moments will determine whether they will become a successful entrepreneur or one that simply sits on their ideas and goes no further. If you are thinking about starting a business but have not taken any steps or have no idea what type of business you would like to start, this is a great way to begin your journey. Embrace uncertainty by looking at each situation in a positive light and focus on making solid decisions. The worst thing you can do is question yourself after making a decision, this not only decreases your confidence but it also stresses you out. It simply does not good to worry or doubt the decisions you have made because they cannot be changed, they become your past. You cannot be a successful entrepreneur if you are not ready to take the risk and trust your judgement.

Problem Solving
Seeing problems and seeking out solutions will help you identify real opportunities that the average person may not see. There is a common misconception that successful entrepreneurs experience good luck. In reality, they are successful because they spend each and every day looking for problems or opportunities for which they can find solutions. The bigger the problem to solve, the bigger the opportunity to become successful. A major factor in the success or failure of strategies is identifying a real opportunity of which is in your capability or your companies capability to develop through your resources. Identify problems, come up with solutions, and create a plan to know whether it is feasible and possible to implement.

Doing
There is no time for excuses when working for yourself. For you will always know the truth, and there will always be someone out there who found a way to do it. Mark Cuban, successful American businessman, states there are entrepreneurs and there are wannapreneurs. The difference is, wannapreneurs have millions of ideas for which they do nothing with. If you really want something in life you have to go out there and get it.

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