Monday, July 4, 2011

how to become a successful entrepreneur??

Entrepreneur are people who are good or talented to identify new products, determine new ways of production, collating operation for the procurement of new products, marketing, operations and manage capital. The entrepreneur creates a new business in the face of risk and uncertainty for the purpose of achieving profit and growth by identifying significant opportunities and resources required.
define entrepreneurs as people who are good or talented to identify new products, develop new ways of producing, collating operation for the procurement of new products, manage capital operations, and marketing it. Meanwhile, Louis Jacques Filion described the entrepreneur as an imaginative person, which is characterized by its ability to set goals and reach those goals. He also has a high awareness to find opportunities and make decisions. The equation of sense - the sense is that entrepreneurs have and be able to think creatively, imaginatively, seeing opportunities and create new business. An entrepreneur is a manager, but perform additional activities that do not do all the managers. Managers work in a more formal management hierarchy, with authority and responsibility clearly defined while the entrepreneurs using the network rather than from formal authority. Mitos- mitos tentang wirausahawan katanya wirausahawan adalah pelaku, bukan pemikir. Seringkali mereka adalah orang yang sangat metodis sehingga merencanakan tindakan mereka dengan hati-hati. They are born, not created. Today, recognition Adiscipline EAS helps to eliminate this myth. Like all disciplines, entrepreneurs have the model, processes, and cases that allows topics to be studied.
  1. They are the inventors, such as Ray Kroc, was not he who finds food franchises, but innovative ideas to create the world's largest McDonalds.
  2. They are freaks of academic and social development, the belief that entrepreneurs are academics and socialization is not successful as a result of some business owners who started a successful company after dropping out of school or quit work but are no longer considered so, now seen as a professional.
  3. All need good luck, right when the luck was in the right place at the right time will always generate a profit. But luck happens when preparation meets opportunity.
  4. Orientation of the entrepreneur is money, money is a resource, but never a final destination.
  5. Entrepreneurs are risk takers extreme (gamblers), in contrast to work with a calculated risk.
The key to identifying the entrepreneur spirit is to look at a person's character, especially on things that become habitual, natural and well done. Each of us, have a certain arrangement of characters that make us, what it is. We use words to describe the theme of character elements that make up the array of characters. Someone know the theme of Character is the beginning. Character is the core theme, such as the center of a snowball gathering more snow when rolling down the hill. He gathered knowledge and experience in the process. Character themes form the knowledge and experience in a related area. When a person with creativity as the dominant theme of character, will have more ability to cope with situations that require adaptation and change compared with that having a theme of characters with lower creativity. Life experience can develop and strengthen the character themes, but can also reduce them. Education and training also provides the shape and size of the snowball, the importance of knowing the theme of our character can not be underestimated otherwise the sooner we know it would be better.The entrepreneur has six main themes that shape the character of the acronym:
  1. Focus
  2. Advantage
  3. Creativity
  4. Ego
  5. Team
  6. Social
There are four subcategories become entrepreneurs:
  1. Inventors, defines the concept, unique, new, discovery or methodology.
  2. Innovator, implementing a new technology or methodology to solve new problems.
  3. Marketers, to identify needs in the marketplace and fill it with new products or product substitution is more efficient.
  4. Opportunist, is basically a broker, brokers, who match the needs with the services provided and the commission.
Skills required by entrepreneurs can be grouped into three main areas: technical skills such as writing, listening, oral presentations, organizing, coaching, working in teams, and technical know-how (know-how), business management skills, including things in initiate, develop, and manage the company. Skills in decision making, marketing, management, finance, accounting, production, control, and negotiation is also very important in building and developing new business. Skills latter involves entrepreneurial skills. Some of these skills, distinguish entrepreneurs from managers include discipline, risk takers, innovative, strong, visionary leadership, and change-oriented.
Here are ten common mistakes often made by entrepreneurs, while the initial run the business:
  1. Mistakes in Managing
  2. Lack of experience
    Small business managers need to have experience if they want to develop their business.
  3. Lack of Financial Controls
    Successful businesses require proper financial controls.
  4. Weak marketing efforts,
    Build consumers to increase continuously takes effort, continuous marketing and creative. The slogan, customers will automatically come up, almost never happened.
  5. Failure to Develop a Strategic Plan.
    Fail to plan, is to fail to survive.
  6. Growth Not Controlled
    Growth is a natural, healthy and desired by every company. However, it should be planned and controlled. Management guru Peter Drucker said the new companies is better to estimate capital growth to increased sales only every 40 to 50 percent.
  7. Less Strategic Location
    Choosing the right location is part art and part science. Often, the location of selected businesses without proper research, investigation, and planning.
  8. Bad Items Inventory Control
    Control of inventory is one of managerial responsibility that is often overlooked.
  9. Price Not Right
    Setting the right price so as to produce the expected benefits requires business owners understand how much it costs to make, memaasarkan and distribute goods and services.
  10. Inability in Making the Transition Entreprenurial
    After starting, there will be growth, usually requires a very different management styles. Growth requires the entrepreneur to delegate authority and does not handle - the daily operational activities - something that can not be done by him.
Here are the solutions to overcome them:
  1. Know the business in depth.
  2. Develop a thorough business plan.
  3. Managing finances.
  4. Understanding financial statements.
  5. Learning to manage people effectively.
  6. Take care of your condition.

source : Wikipedia

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