The word entrepreneurship is no longer new to our present day lexicon. As a matter of fact if you interview a few people on the street about what they do for a living, at the very least 35 percent of them will let you know that they are entrepreneurs of some sort. With the present economy what is today, it is necessary to evaluate who an entrepreneur really is and what his or her relevance is in the 21st century.
The average person will tell you that an entrepreneur is one who takes on the responsibility of setting up and managing a business while assuming all the risks that come with managing such a business. This is generally true. However the present day business environment is not very accommodating of just anyone who wants to set up a business simply for the sole purpose of working for one’s self. The business climate out there is a lot harsher and less tolerant than it used to be. This leads us to an examination of the three major characteristics skills required by the present day entrepreneur. Find out more at http://startupnigeria.net/tenets-of-21st-century-entrepreneurs/

Founding a startup company is not one of the easiest things in the world to do. Nine times out of ten you would find you questioning yourself; wondering if you were insane to actually consider this in the first place and wondering why on earth you thought it was ever going to work. As a founder or co-founder, you are continuously faced with the fear of uncertainty; would your company still be relevant in the next three years or would it go the way thousands of others have gone? So you have an idea, but how would it ultimately translate to cash in the bank for you?

Let us start with the idea- a lot of people have come up with phenomenal ideas that have never seen the light of day. Some because they never thought getting a second and third opinion was necessary. It would be wise to want to keep some information to yourself but then again how would you know what people think of idea if you do not ask? Be open to feedback both positive and negative. No doubt you would feel like defending your “baby” but It is best you iron out the kinks at this stage before you have a million people making a million negative comments about your startup when the number could have been significantly lesser at the planning stage...
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