Rohit Dubey

How to become a an entrepreneur?


by Rohit Dubey
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RE: How to become a an entrepreneur?

Love Chopra
Love Chopra
Verified Career Expert
Co-Founder & CTO at CareerGuide
  • Noida

To be an entrepreneur one needs to be determined, hard-working, disciplined, open-minded, confident, competitive, creative, having strong communication and interpersonal skills, self-starter, passionate, having strong work ethics. These are the most demanding qualities if you plan to build something on your own. There are a few things that one needs to keep in his/her mind before starting your business.

 

  • Identify:First recognize your skills, figure out what is it that you feel passionate about. Is there something that you could offer to the world? Find what that is. There might already be something that you enjoy doing which you could turn into your own business. Decide what you want to start your business in.
  • Passion: It is your passion for the work which is going to give you the energy to keep moving forward. No matter how hard the situation may be you will always be able to keep it moving ahead.
  • Taking small steps: Taking small steps one by one is the right key to achieving A lot of people put all of their money into thebusiness, only a few of them comes out with a successful story, invest little in the beginning and work your way through.
  • Learn from others: Working in the field of your choice for gaining practical knowledge is very beneficial before starting your own business. A lot of successful entrepreneurs first worked under others to gain practical knowledge.
  • Learn to promote yourself: Confidence and a good elevator speech are capable enough to bring success to any pitch. Put your time into learning how to share your vision in a positive and effective manner.
  • Be active and alert: You have to be aware of the market and all major and minor changes that happen Being an entrepreneur means working 24/7, no sick days, no leaves, no vacation and no rest. It is a job that requires constant forward motion.
  • Making effective plans: Read and see the advice given by the most successful entrepreneur and learn from their knowledge and experience. These people have worked very hard completely on their own to reach where they are today. Personalities like Robert Herjavec, Mark Cuban, Lori Greiner and another businessman such Bill Gates, Mark Zuckerberg will inspire you.
  • Believe in yourself. You have to trust your instincts before starting. There is no room for doubt in business. Believe in yourself before making the world believe in the service that you are going to provide for people.
  • Know your target audience: Figure out what kind of audience is going to need the product that you are offering to them. Know the size of your target audience. What kind of people would be your audience? How often are people going to need the product that you are offering to them? Why would they go ahead to buy it?
  • Choose the right investment: Plan the right amount of money to be invested considering your person finances. While creating your business plan, you need to decide what kind of business you need to build, a franchise, a lifestyle business, or a high tech business. Depending upon what category does it falls under you have to decide the right amount of investment.
  • Create value: Don’t just offer a product to the market but also provide a value for People want to buy something that makes their everyday life easier. Educate them about the value that you have to offer to them, customers will appreciate a product or a service like that.
  • Reach out to the world: Be ready to go out and make people aware ofyourself and your services, use all that you possibly could to promote your product and services.
  • Build a Reputation.Get your website designed and maintain a blog about your product and services;allow people to share their feedback. This will make a positive impact on the rest of the audience that is willing to be your customer.
  • Build a trustworthy team: The more your business grow the more people you will need to work with you. Choose carefully, hire only such people who would love to work for you.
  • Keep a positive attitude: The attitude of the founder would make a huge impact on the audience and employees as well. Starting a business could be very hard but keeping yourself positive throughout is the key to getting over hard times.
  • Don’t be scared to fail: Trying something and then failing in it should not be a reason for an entrepreneur to stop. When you fail, learn from your experience and move ahead.

RE: How to become a an entrepreneur?

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