Hello friends, I would be talking briefly about entrepreneurship and part of what it entails, this is just a brief introduction, but I would talk more on this issue in subsequent articles, the idea of being an entrepreneur is common to some or probably most individuals, I like the entire concept of being an entrepreneur because that is key to creativity, business creation and increase in the value of privatization in every society. As an entrepreneur, the platform for innovative behavior resulting from risk taking is always present for individuals and as a key driver of economic development. Entrepreneurship is the process of creating something new, something of value by devoting the necessary time and effort, assuming the accompanying financial, psychic and social risks, and receiving the resulting rewards of monetary and personal satisfaction and independence
In order to be a successful entrepreneur in a corporate world, you need to go through these few concepts and actions:
1, Identifying and developing an opportunity in the form of a vision,
2, Validating and conceptualizing a business concept and strategy that help attain the vision,
3, Implementing the business concept or venture
4, Capturing the opportunity through the growth of the enterprise
5, Extending the growth of the enterprise through sustained entrepreneurial activities
6, Capturing greater value in the market place.
One big question you would ask is that, does Entrepreneurship always involve new venture or business creation? Several business men and women always associate entrepreneurship with setting up a new business. But looking at it from another perspective, new venture creation is, in effect, a contingent outcome of entrepreneurship. In other words, you don’t have to start a business to be an entrepreneur. I would like us to look at diverse ways and methods an individual can take to have entrepreneurial success in my next article on the entrepreneur.
Success is a Choice