Tweet

Entrepreneurs – Have You Got What It Takes To Succeed?

Written by: Lee Lister

Article Overview: You’ve got a great idea, you are pretty sure that what you have will sell, you’ve even got some cash together. What else do you need?

Entrepreneurs – Have You Got What It Takes To Succeed?

Vision: You must be able to see where you are going and what the future will hold. See what others are not able to see and build your business on these visions.

Courage: The ability to act upon your vision despite having doubts. The readiness to give up job security and a planned future for the chance of making a success with your new business. This takes courage.

Strategizing: Having the courage to act upon your vision, you now need to build your strategies. You will need a business and a marketing strategy. These are the formulas that you will use to drive forward and manage your business.

Planning Skills: To ensure that you reach your vision, you need copious amounts of planning. Planning how you will reach your targets, how you will meet new changes and challenges and how you will improve your business. You will need a business plan and a marketing plan.

Researching: Having decided what your business is going to be, then you will need to find out who will want to buy from your business and at what price. This takes a fair amount of researching.

Conceptualizing: Knowing what you want to sell and to whom, you now need to define your products and services. Brainstorm different things that you associate with your company. Include everything, good and bad, until you are out of ideas. Keep in mind that ideas generate ideas. Write everything down, this is how you move your company forward. Use this period to design your products, what you want your company to look like and how you want it to be perceived by your customers.

Creativity: You will need the ability to think outside of the box. Keep ahead of your competitors by coming up with new, unusual and unique concepts and solutions to their needs. You will need to create marketing materials, packaging and sales pitches – all will need verbal and visual creativity.

Determination: Along the way you will come across many hurdles and set backs, you will need to dig deep, make your changes and keep going. Determination and the belief in your visions and plans will keep you on the road to success.

Humour: When all the world seems against you and all seems to be going wrong, when your customers seem to be your worst enemy then you need a sense of humour to carry you forward.

Lastly good luck!

Related Articles
  Qualities of a Successful Entrepreneur
  Successful Entrepreneurs - 3 Must Have Characteristics
  Are You An Entrepreneur Who Takes Action? Take The 4 Trait Test
  Home Based MLM Business – Why do only 3% succeed?
  SMEs - South African SMEs and development capital

Article Tags: business plan, challenges, copious amounts, courage, different things, doubts, job security, many hurdles, marketing materials, marketing plan, marketing strategy, new business, sales pitches, set backs, targets, unique concepts, visions, visual creativity



Related Forum Posts
Building credit - Credit is like reputations, I suppose. Takes a lifetime to build, and only a second to destroy.
CEOs and Email - Slaves? - I wonder if the emails they are responding to are filtered thru their assistants first 'cos they seem to spend a lot of their off hours responding to them. True they are successful but I'm not sure I'd be willing to pay that price. I'd be interested to know what's the in the typical day planner of Entrepreneurs on the Forum. Entrepreneurs are a different breed than Paid Employees- so it would be interesting to view the contrast.
Re: The Best Method for Online Marketing - Email marketing can be very successful there's little doubt about that. But you need to build a solid list of subscribers and build a strong relationship with them. It's all about give, give, give, and then you can promote something. Takes a lot of patience and hard work but it can definitely be worth it later on.
Re: Books for Business Owners - Hi DougSchadle, Thanks for sharing your favorite business book with us! A good book I'm reading now is "Maximum Achievement: Strategies and Skills That Will Unlock Your Hidden Powers to Succeed" by Brian Tracy as it was a birthday gift from a friend. Tracy's book is helpful in identifying what's important in your life and then setting an action plan to achieve it.
Fundraising for 3rd world Entrepreneurs - How great to learn that Evan is doing something for Entrepreneurs in Africa! It just makes me even more thankful to be part of this forum! After helping create a new charity for animals in my local community last year, I created a vision for a charity empowering Women Entrepreneurs. It won't happen for a while yet, but I know it is something I will do within the next few years. As we allow ourselves to think bigger, the opportunity to impact people becomes much bigger as well. Does anyone else have a desire to really make a difference in the world through this means?


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.

Tweet

Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!

Name:
Email:

Popular Articles

Purchasing Real Estate using the SBA 504 Loan

Are You Too Good for Your Job?

Is the iPad useful? One CEO tells all ....

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.