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How To Become A Great Entrepreneur(part 2) - Business - Nairaland

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How To Become A Great Entrepreneur(part 2) by bylander(m): 11:59pm On Oct 06, 2014
This remaining 10 steps will guide you to become a successful and entrepreneur if all these facts are implemented.

11. You Can Shape the Market
We’ve all sat around and talked about how our respective fields could be improved upon. “If only someone would go out there and make some changes,” we’ve thought. Well, stop thinking about it and do it already! If you’ve got ideas that can transform the marketplace, it’s time to put them to the test. Maybe all of them won’t pan out, maybe some of them will, but either way, you can be part of the action instead of just an armchair analyst. The point is, you’ll have your chance—you’ll have all of the chances you want—to make your mark in your own industry.

12. You Can Share Your Story
When you start your own company, it becomes an extension of yourself. Your story—the story of your life, of your dreams, of your goals—becomes the story of your company. Starting your own business gives you a chance to put your story on center stage. It’s time to stop being a footnote to someone else’s story, and to take responsibility for writing your own. You’ll look back over the years at your successes and failures alike and feel a special fondness for them, because you chose them—you didn’t sit idly by and let someone else write your story for you.

13. You Will Have Pride
Everyone should have a sense of pride in their job, and no one has more pride in what they do than those who are head of their own company. When your company succeeds, that reflects directly on you. When you risk failure to capture a big reward, that’s your risk, and your pay off—and a source of your own pride. When you work for a big company, you might be proud of your position, or your weekly presentation, or your raise, but none of that compares to the feeling of pride you’ll feel in the successes, large and small, of your own business. You’ll be proud of your accomplishments, of course. You’ll be most proud, however, that you had the courage to set out on your own.

14. You Will Create a Legacy
Starting your own business gives you a chance to tell your story, to employ yourself, and to prepare for your own future. But it does something else, as well. It gives you the chance to create a legacy for your children, and their children. You’re starting from scratch, but they won’t have to. Your small, hard won successes today can lay a foundation for the future of your entire family line. You might make a great salary now, but your inheritance can be so much more than just money; it can be a way for children to make their own way in the world. An established business isn’t all you can leave behind, either. You’ll be setting an example, on that tells your children that that their success is up to them. Luck and chance can go in any direction, but determination, resolve, and responsibility are the real recipe for a fulfilling life.

15. You Will Earn Recognition
Recognition at your current company probably means getting a picture of yourself as employee of the month. Maybe it’s more—maybe you’ll be recognized at a company dinner, or get a big promotion. But unless you’re quite high ranking in the industry, you won’t be getting the kind of recognition you can as a business owner. Make your mark on your industry and in your community as a business owner, and find out just what true recognition means. You’re not just a cog in the machine that performed well, you’re a member of society that is able to contribute something meaningful and lasting, and be recognized for your accomplishments in an equally meaningful and lasting manner.

16. You Can Inspire Others
Right now, you’re digging deep to find the inspiration to strike out on your own. And it’s quite likely that you’ve turned to others and their inspiring stories of success to provide you with motivation. Won’t it feel great, one day, to know that your story inspired another go-getter, just like yourself? Recognition, as described above, is about being recognized by many for making a big impact. But sometimes the most important impact we can make is much more personal. Inspire the next you, the next genius, the next tycoon—and start today, by putting your business plan into action. You’ll move from looking for mentors to becoming one, and that’s an incredibly rewarding feeling.

17. You Can Create Your Own Brand
You have an eye for design, or for functionality, or for gadgets, or for fashion—you know what people want, and you can’t help but critique the mistakes you see made in your industry of choice. You sigh at the decisions your boss makes, when you’re positive your plan would be better received. That’s all well and good—but it’s time to realize that you could be correcting all of these mistakes, and making your own vision a reality. Think that’s impossible because your boss would never approve your ideas? It’s more than possible—when you’re your own boss. Create your own brand, and do it your way—find out if your muse has been right all along. And when something doesn’t work, it’s only an opportunity to fine tune, improve, and create something even more exceptional. Don’t be a slave to the whims of a company that doesn’t care about you; take responsibility for your own success and create a product, service, or experience that people will love.

18. You Can Express Your Creativity
And creating your own brand is only the beginning. Think about every time you’ve had a flash of brilliance in the past, and had to discard it, because you simply didn’t have the resources to bring it to life. As owner of your own business, you will have those resources, and you’ll have the ability to put your ideas into action. You won’t be tied down to the company formula, because you’ll be writing your own formula as you go along. You’ll be allowed to take creative risks, to do what no one else will, or what no one else has thought of. And the best part is that you’ll be able to take full credit for your creative insights. You’ll find that as you put your creativity into practice, even more creative ideas will assert themselves. Creativity is like a muscle: use it or lose it. There’s no better way to exercise your creativity than being your own boss.

19. You Will Be the Captain of Your Own Ship
Life can be a stormy sea, and too many people trust someone else to be the captain of the vessel that carries them along. Don’t relegate yourself to being just another hand on deck. You know that you have what it takes to navigate the storm, to be the captain of your own life, so why would you pass on that responsibility? If you want to venture into uncharted territory, you can start your own business. If you want to play it safe, you can do that too. The important thing is, that you’ll be able to decide on your own, do your own research, and carry out your decisions with full confidence. You can’t do that when you’re depending on a boss or a manager to see you safely through life. But you can, when you have your own business.

20. You Can Change the World
Sounds a little on the dramatic side, doesn’t it? But it really isn’t. You absolutely can change the world when you start your own business. Being a small business doesn’t mean having a small footprint. And some of the most influential companies today started out small—look at Facebook, started in a college dorm. It’s gone on to reshape the way people think about socializing, to change the very manner in which people live their lives. Google started small as well, and no one can deny that it’s changing the world. Even if your venture doesn’t become a mega-company, however, that doesn’t mean you’re not in a position to change the world. Creating something lasting, something that shapes your future, the future of your family, and the future of your community is very much an opportunity to change the world itself. Who knows how much of an effect your ideas and goals can have? Only you—and you can only find out by taking the leap.

It’s time to take action. Take a small step today. Whether it’s drawing up a business plan, making a few notes, or making a phone call, your journey will begin with just one step. Set some small goals. Congratulate yourself for meeting them. You’ll find that small goals soon become larger ones, and those will set you on your path to greatness. The reasons above are motivation enough—but surely you have your own, personal reasons as well. Ponder those, and you’ll come to the inevitable conclusion that the only sensible thing to do is follow your dream.

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Re: How To Become A Great Entrepreneur(part 2) by Samnwaigwe(m): 11:02am On Oct 07, 2014
Thanks Op. I will take a step very soon.

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