ARE YOU AN ENTREPRENEUR

ARE YOU AN ENTREPRENEUR 

Many people describe themselves as an entrepreneur rather than a business person, these days it is a label bandied about the commercial world with many people laying claim to the title as an identification of who they are, or rather who they would like to be perceived as. As you know, I really don't like labels, but people do identify you by what you are, although I have never laid claim to this one. Whatever the true definition of the word, which was probably coined in the 19century in France, laid out below are some definitions on what types and characteristics are synonymous with the subject.

An entrepreneur is an owner or manager of a business enterprise who makes money through risk and initiative.  

Characteristics include;

1. Possess strong negotiating skills and consensus-forming abilities
2. Opportunity-driven rather than necessity-driven
3. Management skill and strong team building abilities,

Social Entrepreneurs
Key traits and characteristics of highly effective social entrepreneurs include ambition and a lack of acceptance of the status quo or accepting the world "as it is".

A Serial Entrepreneur 
Is one who continuously comes up with new ideas and starts new businesses, possessing a higher propensity for risk, innovation and achievement.

A Lifestyle Entrepreneur
Places passion before profit when launching a business in order to combine personal interests and talent with the ability to earn a living.

To be successful in business or in your career, you will need to adopt the characteristics of an entrepreneur, especially in the opportunity recognition and development department. To maintain your success you will either have to enlist the aid of professionals in areas you lack expertise in, or become an expert in your own right. 

It is wise to have a good knowledge of as many subjects as possible before you delegate them. Subjects such as the four pillars of business success, for without them, however good you are at the entrepreneurial side, your ability to recruit key players to assist you to your goal without being hoodwinked, will be severely compromised.

Pillars such as:
Financial Management
Man Management
Strategic Management 
Sales and Marketing.

If you're running a business or contemplating running a business, you might want to give yourself marks out of ten on expertise in these areas, for the reason why 95% of enterprises fail in the first 5 years is the deficiency on the part of the captain of the business in one area or another.

So if you are going to risk your money, invest your time, and compromise your life to start a business, you owe it to yourself to become acquainted with these pillars, otherwise you will only end up owing the bank.

Running a  businesses is  a skill, so the best idea is to look and practice before you leap. The course twined with this project is designed to give the participants all the inside knowledge on real business and practice those skills  in a real life situation, so they can be two steps ahead of the game instead of one behind the bailiff.