Are you planning to venture into the business world in the new year, is your own business not yielding profit,are you finding it difficult to shine and be recognised in the business world, then this article might just be all what you need to succeed in the competitive business world.
"Entrepreneurship involves seeking and pursuing opportunity. Successful entrepreneurship captures the value from opportunity " by ColinTurner.
No one gets ahead by copying the status quo or imitating competitors,the concept of being unique or different is far more important today than it was ten years ago. In the emerging era of over communication and hyper-competition,people are overwhelmed by choice of information, ideas,products,and services. In this sea of choice, most customers have trouble making choices about buying decisions, choosing among multiple options is based on differences,implicit or explicit.
Creativity is your key to the future,all progress comes about as a result of finding better, faster, cheaper, easier or different ways to do things and this requires the continual honoring of your creative thinking skills.
Lateral thinking is concerned with generation of new ideas. It is also concerned with breaking out of the concept of prison old ideas.
There are six core entrepreneurship characteristics essential to fulfil both organisation's potential and individual's potential .
Employee
1. Make a decisive personal choice
2. Design, develop drive and determination.
3. Willingly risk moderate failure
4. Establish interdependence among members
5. Define project expectations
6. Recognize concept value.
Organization
1. Have agreed support strategy
2. Provide initiative sponsorship
3. Establish trail and error teams
4. Allocate ventures resources
5. Provide concept value.
Don't miss the next article tomorrow which will reveal the 10 secrets of successful entrepreneurs and this might just be your own jackpot.
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