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Nairaland Forum / Nairaland / General / Business / 5 Things A Good Enterpreneur Should Never Do (21816 Views)
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5 Things A Good Enterpreneur Should Never Do by ddddon(m): 3:51pm On Jul 18, 2016 |
When you are in race to achieve a goal, it is pertinent that you follow whatever rules might have been laid down to get you to that desired destination. Usually, Businessmen and women read about what they should do, buy, and read to be great and successful. But how about things they should not do? Our list comprises of things a good businessman should never do. 1. Wake up without a plan Time management is a crucial part of being an entrepreneur. There are only so many hours in a day, so to be efficient you need to know what your goals are and what tasks you need to get done prior to starting your day. If you are scrambling to create a plan of attack every day you are going to be in trouble. End each day by mapping out the following day’s to-do list. 2. Never Look back As an entrepreneur, you are going to face hard times, difficult decisions and possibly even failure at some point. Don’t let small bumps in the road stop your forward progress. Find ways to maneuver around obstacles and continue to push forward, never looking back. 3. Choose short-term comfort over long-term benefit. Once successful people know they want something that requires a painful, time-limited step, they do not mind the painful step because it gets them to a long-term benefit. Living out this principle is one of the most fundamental differences between successful and unsuccessful people, both personally and professionally. 4. Be scared to make changes, Evolve or adapt You need to be willing and able to adjust your plan and overall strategy, because there is a very good chance that you will need to adapt to maintain success in the future. Imagine if Apple never adapted and just stuck to making computers? After releasing the iPod it started manufacturing smartphones, tablets and now are releasing its first wearable technology, the Apple Watch. Once just a computer company, it is now a consumer-electronics powerhouse. 5. Let failure stop you Most statistics state that, eight out of every 10 new businesses fail. Successful entrepreneurs go into everything knowing that there is a chance of failure. If in fact they fail, it is viewed as part of their growth and they keep plugging along. source: http://www.edliner.com/5-things-good-enterpreneur-never/22829 21 Likes 6 Shares
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Re: 5 Things A Good Enterpreneur Should Never Do by ezechueze(m): 6:48pm On Jul 18, 2016 |
Life is good with LG ELECTRONICS 3 Likes 2 Shares |
Re: 5 Things A Good Enterpreneur Should Never Do by Nobody: 7:43pm On Jul 18, 2016 |
Really good advice. |
Re: 5 Things A Good Enterpreneur Should Never Do by Nobody: 8:02pm On Jul 18, 2016 |
Nice motivation Op. Brilliant advice. On number 5, it's difficult to look at failure in the face and still rise. Mostly, it's easier said than done. but successful entrepreneurs are the ones who beat those odds. I wrote this article to highlight the 3 stages every entrepreneur faces on his journey. Most of us are stuck on the second stage, trying to get out of it. The ones who are strong and principled enough to endure will get out of it and become successful. Here is the article: http://www.nextnaijaentrepreneur.com/3-stages/ 2 Likes 2 Shares |
Re: 5 Things A Good Enterpreneur Should Never Do by DonX001: 12:02am On Jul 19, 2016 |
Nice article. |
Re: 5 Things A Good Enterpreneur Should Never Do by Donald3d(m): 2:04am On Jul 19, 2016 |
Na that number one dey hard pass , with the way Nairaland just dey turn person to addict . I love Nairaland 1 Like |
Re: 5 Things A Good Enterpreneur Should Never Do by astarotte: 4:21am On Jul 19, 2016 |
Great advice especially the number 3. |
Re: 5 Things A Good Enterpreneur Should Never Do by saxwizard(m): 7:01am On Jul 19, 2016 |
BRAVO 1 Like |
Re: 5 Things A Good Enterpreneur Should Never Do by IMASTEX: 7:01am On Jul 19, 2016 |
Thanks, good tips |
Re: 5 Things A Good Enterpreneur Should Never Do by Oladelson(m): 7:02am On Jul 19, 2016 |
Nice write up OP. |
Re: 5 Things A Good Enterpreneur Should Never Do by jazinogold(m): 7:03am On Jul 19, 2016 |
Op u r so on point. one dog egg sausage for you with chilled moi moi. |
Re: 5 Things A Good Enterpreneur Should Never Do by DaBullIT(m): 7:03am On Jul 19, 2016 |
kkkKKEEEP doing shyt |
Re: 5 Things A Good Enterpreneur Should Never Do by Luizville(m): 7:03am On Jul 19, 2016 |
I like educative posts like this one 1 Like |
Re: 5 Things A Good Enterpreneur Should Never Do by ALAYORMII: 7:04am On Jul 19, 2016 |
Who's gon borrow Mii money make I start bizness 1 Like |
Re: 5 Things A Good Enterpreneur Should Never Do by chukslawrence(m): 7:06am On Jul 19, 2016 |
K |
Re: 5 Things A Good Enterpreneur Should Never Do by pythonkid(m): 7:07am On Jul 19, 2016 |
Just like nairaland is scared of change.. Just look @ the old interface for how many years.. I wonder how long it will survive |
Re: 5 Things A Good Enterpreneur Should Never Do by Nobody: 7:08am On Jul 19, 2016 |
i think that number 5 should be "dont let failure stop you" 2 Likes |
Re: 5 Things A Good Enterpreneur Should Never Do by photoshoot(m): 7:08am On Jul 19, 2016 |
Not just an entrepreneur Students as well.... Well said Op |
Re: 5 Things A Good Enterpreneur Should Never Do by May19th: 7:09am On Jul 19, 2016 |
I still don't understand your version of English though.... ..the tittles are IPOBish in nature. |
Re: 5 Things A Good Enterpreneur Should Never Do by norame(f): 7:09am On Jul 19, 2016 |
Nice one bro. Proudly entrepreneur!!!!!! |
Re: 5 Things A Good Enterpreneur Should Never Do by kinmarax: 7:12am On Jul 19, 2016 |
I am intested in sound and profitable business ideas from smart Nigerians within a decent investment threshold. Please, I will really appreciate if you can send me a detailed plan of the business, the cost implication (office rent inclusive), the profit margin, the partnership terms and expected time to break even to enable me make an informed decision about investing. Am looking at an initial investment of a little over a million Naira and subsequent investment depending on the profitability. Contact me on: sundayjiana@yahoo.com please ensure you drop your phone number should I require further clarification. Thank you my email: sundayjiana@yahoo.com ezechueze: |
Re: 5 Things A Good Enterpreneur Should Never Do by ITbomb(m): 7:13am On Jul 19, 2016 |
This kind of post with no boobs display , no need to rush and book space, just take your time, next 2 hours you can still comment on the front page |
Re: 5 Things A Good Enterpreneur Should Never Do by Lexusgs430: 7:15am On Jul 19, 2016 |
Never spend all your profits and capital on socialisation and karashika's!!!! 2 Likes |
Re: 5 Things A Good Enterpreneur Should Never Do by KENFERDYOORI(m): 7:15am On Jul 19, 2016 |
An entrepreneur ought to be optimistic, innovative, creative, proactive, productive, be original and follow the signs of time. |
Re: 5 Things A Good Enterpreneur Should Never Do by Lexusgs430: 7:16am On Jul 19, 2016 |
And never be a Wolf of wall Street!!!! |
Re: 5 Things A Good Enterpreneur Should Never Do by HaneefahRN(f): 7:21am On Jul 19, 2016 |
Nice |
Re: 5 Things A Good Enterpreneur Should Never Do by Dayshow: 7:21am On Jul 19, 2016 |
Thank you op. Am writing an Entrepreneural test today at Uniyo and I believe this post will be of help to me to an extent. |
Re: 5 Things A Good Enterpreneur Should Never Do by Vendoor(f): 7:22am On Jul 19, 2016 |
Great Advice Thanks |
Re: 5 Things A Good Enterpreneur Should Never Do by Mimisboygreat: 7:24am On Jul 19, 2016 |
I HAVE AN EXAM ON ENTREPRENEURSHIP AND INNOVATION TODAY LEMME CHIP IN A LITTLE FROM WHAT I'VE READ SO FAR WITH REGARDS TO OP's. 6)fear of competition: competition is an important variable for business. an entrepreneur should not always be scared of competition as this would help him/her to improve his/her business. 7)lack of dealing with failure: an entrepreneur should be ready to deal with failure. he should not see failure as the end. he should always have the plan to counter failures in his business cos entrepreneurship involves risk. lack of leadership: every entrepreneur possess some leadership qualities that enable him to influence people. a good entrepreneur should not lack this leadership quality if he wants to succeed. reference:entrepreneurship and innovation . DAYSHOW HOPE THIS HELPS TOO 2 Likes |
Re: 5 Things A Good Enterpreneur Should Never Do by Princelegacylemoha(m): 7:25am On Jul 19, 2016 |
#noted |
Re: 5 Things A Good Enterpreneur Should Never Do by rheether(f): 7:27am On Jul 19, 2016 |
Same old story. 1 Like 1 Share |
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