Orissa

  • Test photo from pda
    Let picture tell the story.

GOOGLE AD

« Vande Bharata Janani | Main | Orissa Jagaran Avijan »

March 15, 2006

7 Signs of an Entrepreneur

It takes an entrepreneurial fire in your belly to start a business and make it succeed. Not everyone has it.

1.

You come from a line of people who couldn't work for someone else. I don't mean that in a negative way. People who are successful at establishing their own business tend to have had parents who worked for themselves. It's usually easier to get a job with a company than to start your own business; people who strike out on their own often have the direct example of a parent to look to.

2.

You're a lousy employee. No need to sugar-coat this one. People who start their own businesses tend to have been fired from or quit more than one job. I'm not saying you were laid off for lack of work or moved from one job to a better-paying one. You were asked to leave, or you quit before they could fire you. Think of it as the marketplace telling you that the only person who can effectively motivate and manage you is yourself.

3.

You see more than one definition of "job security." I am truly envious of the few people I know who have stayed with one employer for 25 or 30 years. They look very secure. But how many people do you know who are able to stay with one company for that long? In a rapidly changing economy, job security can be frighteningly fleeting.

4.

You've gone as far as you can go, or you're not going anywhere at all. Sometimes the motivation to start a new venture comes from having reached the top of the pile where you are, looking around, and saying, "What's next?" Early success can be wonderful, but early retirement can sometimes drive energetic and motivated people totally crazy.

5.

You've done the market research already. Don't even talk to me about your great business idea if you haven't put the time into figuring out if there's a market for your product or service. As the people behind any number of failed Internet ventures will tell you, "cool" doesn't necessarily translate into "profitable." Don't bother building it if you haven't figured out whether there's a good chance the customers will come.

6.

You've got the support of your family. Starting a business is stressful under the best of circumstances. Trying to do it without the support of your spouse or other significant family members or friends would probably be unbearable.

7.

You know you cannot do it alone. You might excel at promoting a business. Maybe you love running the financial end of the enterprise. You could be someone who starts a business because you have unique creative or technical know-how to create a product.

More Reading follow the links..

7 Signs of an Entrepreneur
How do you know if you have what it takes to start a business? Here are 7 signs that you have the entrepreneurial spirit.
How to Write a Business Plan
Now that you’ve come up with your business idea, consider outlining your goals and expected costs. Find out how to develop a plan that can help you build your business.
Will Your Business Idea Work?
Here is a checklist of what an entrepreneur should consider when evaluating whether his or her idea is worth pursuing as a potential business.
5 Tips for Estimating Start-up Costs
Here are five rules that can help you figure the cost of starting a business.
Take a Business Plan Short-cut
Create and maintain a professional business plan using Microsoft's time-saving tools and templates.

Mera Business Home
Technology for Beginners
New technologies offer amazing ways to improve the way you run your small business. But they can be confusing! We help you get your head around everything you need to know from networking to high-speed internet access to virus protection.


Professional Service Case Study

New technologies offer amazing ways to improve the way you run your small business. But they can be confusing! We help you get your head around everything you need to know from networking to high-speed internet access to virus protection.

Best of Luck and congratulation for your new Business.

Suresh Behera

Comments

Post a comment

ORISSA BLOGS AD

Photo Albums

My Photo

Technologies Blog

May 2008

Sun Mon Tue Wed Thu Fri Sat
        1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

Pages