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The Power of Entrepreneurship

Written by: James Dicks

Article Overview: James Dicks examines the joys and difficulties of becoming an entrepreneur.

The Power of Entrepreneurship

Creating a successful business is about more than financial achievement; it's more about the satisfaction of creating a service or a product. It's about taking something that didn't exist before and making it become reality. It's about the sheer enjoyment of focusing on a vision and enjoying the risks and possibilities that come from creating a business through entrepreneurship. More and more Americans are leaving the corporate environment and becoming their own bosses. Some enter the realm of business ownership as a result of a downsizing, others as a result of a mid life crisis. Whatever the reason, the growth of small, privately owned business across the nation is at record levels. The bottom line is we live in a country that allows us realize our dreams, both professionally and personally, if we work hard.

Your passions will help you to create a business you understand. That's very important - do something you appreciate - something you enjoy. Do what you know. Do what you like. Success is never a foregone conclusion, but if you do something you identify with, you're more likely to realize positive results. Remember, an entrepreneurial attitude is just as important to a firmly established company as it is to a start-up. If you can maintain the "start-up" approach to building the business, you foster a mentality of accomplishment throughout the organization, no matter what its age or its size. But never forget - entrepreneurship is difficult.

Your attitude can make all the difference. There are always challenges and you should focus on opportunities rather than problems. Make the customer number one and strive for high productivity. If you have employees, make sure you set the pace and the example and foster an attitude that creates an "ownership" process throughout the company. Don't ever stop taking reasonable and evaluated risks. Communicate your vision with employees and customers and keep it simple.

Don't be misled; there is a lot of information to learn. Business owners need to develop working relationships with a variety of individuals including customers, wholesalers, dealers, staff, bankers and other professionals such as lawyers, accountants and other specialized professionals. Entrepreneurs must make important decisions daily, often at a moment's notice and most times, under pressure. Owning a business can be very challenging but remember it's going to take a lot of hard work and long hours. Get to know your strengths and your weaknesses and then adjust to make sure that success becomes more likely. Entrepreneurship isn't always as attractive and glamorous as some pundits may portray. Ask someone who's done it. If you start your own business, life as you know it will never be the same. It might be better than expected, then again, it just could be worse than you could ever imagine; but it will definitely be different from anything you've ever done.

If you decide to make a go of it, follow your heart, your passions, and learn all you can about your business and your customer base. Perhaps your company will be the next one that is included in the Forbes Celebrity 100 as a global billion dollar a year power player. Keep pushing forward and never give up.

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Article Tags: budget, business, cash, credit, credit cards, economy, education, entrepreneur, forex, james dicks, money, New Year, plastic, premieretrade, recession, resolution, spending, stocks



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Women Entrepreneur Tips - Thank you LeoOliveros, I found #4 particularly true in my case: 4. The Enterprise Must Include the Power of Power Networks. As a conductor of your own enterprise, you can not see yourself as a one-woman-show. You must choose to utilize the power people in your life, by asking for help when you need it, and effectively delegating in order to capitalize on your strengths and that of your power network. When certain experts are not represented in your power network, you must actively seek advisors or mentors and develop a team of specialists, so the benefits are received by everyone involved in the power network - the true Power of Power Networks.
Re: Hi there! I'm Shanuna Cortez - Welcome Shanuna to the club. We will like you to post and let us know more about British Entrepreneurship Society
Re: Hello everyone! - Hi Michelle, Welcome to the club. You will find all the information you need on Entrepreneurship here. What are your business?
Success Strategies - How to get the results you want now? Success Strategies and Action Steps I have used are: The Power of Choice Where you are at this present moment, is exactly perfect from the choices you have made. If you want to be somewhere else, you have to decide clearly what that is (your goal/outcome) and create action steps to achieve this. The Power of Focus The book "The Power of Focus" by Jack Canfield, Mark Victor Hansen and Les Hewitt, is one of my treasures in my Entrepreneur Library. If you focus on what you want versus what you do not want, your conscious and sub-conscious mind will direct attention to this. The movie, What the Bleep, Down the Rabbit Hole, explains this in detail about quantum physics and what we create in our lives. The Power of Commitment This is not about commitment to others. The first step is the commitment, your word, you make to yourself. Accountability and responsibility are additional success strategies and ingredients to creating the success, defined by you, that you want. The commitment to others reflects your integrity, your word and the team you work with. Co-workers, clients, yoru family, friends and community. My Success Acronyn in Success Breakthroughs(c) is: S pecific & self-directed U nlimited opportunities & possibilities C reate powerful outcomes C onsistent measureable results E xperience pwoerful transformation S olution and action-oriented S uccessful habits and outcomes Break Through to Powerful LIfestyle & Performance Choices Moira
The Power of Ten - Do you want to save money and time? Make the most of your marketing efforts? The Power of Ten™ is about taking the concepts of repurposing and leveraging “to the max”. It allows you to innovate and discover new possibilities for any marketing you already have in place. Here’s how it works: Make a list of the most recent 10 marketing items you’ve created or paid to have created. If you don’t have any materials, you can simply list the pieces you plan on creating. Now pick one. It could be an article, ad, poster, anything you have used recently as a marketing tool. Take a fresh look at it. Brainstorm and free write until you find at least 10 different ways to use that piece. You can do this with as many pieces as you want, but for now start with just one. It’s amazing how much time, effort and money you can save using The Power of Ten™. Below is an example using The Power of Ten™ with this very article. Even a very short piece, such as this, can benefit from The Power of Ten™. Here are some ways I can use this tip: 1) It’s part of a new marketing program I’m creating that may be called Marketing Full Circle. 2) It’s on my blog. 3) I can tweet it (knowing that it will show up on LinkedIn and many other sites which display tweets). 4) I can go over to LinkedIn and post it to a group. 5) I can it to my ezine subscribers. 6) I will send it to my clients. 7) If it is a longer article, I can try submitting it to an Article Bank, or two, or three. It started out as part of an answer on Focus.com 9) Eventually it will be part of an eBook on marketing tips. 10) I mention the concept often at speaking engagements. (c)2010 Elevating Your Business What would you add to the list? How about your own? Give it a try and comment below.


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