The Question: What does an entrepreneur need to become successful? The one thing needed for an entrepreneur is undying faith that they will succeed and triumph over any obstacle. Anyone can become an entrepreneur that is willing to take inherent risk to change their lives.
The Business Plan: What is a business plan and how can it help me become an entrepreneur? Any Business has a written plan of attack that should include the following steps.
Company description (Legal, History, Start up Plans etc).
Products & Services.
Market Analysis.
Strategy & Implementation.
Web Plan Summary.
Financial Analysis.
Once you have written your detailed plan then organize it into the format that is easy for you to implement. Plan your attack then attack your plan every day until those small success’s starts compounding until you have achieved your financial goals. The business plan can change as you grow and should never stay the same because what got you to this point will not get you there. Keep digging deep down inside and pressing forward to improve your process every day.
The Leap Of Faith: With any business idea, venture and new job comes with a leap of faith to make a life change. I read sometime back a brilliant and successful millionaire state (Robert Kiyosaki )”that everyone has brilliant ideas that are never followed up on.” How many times in your life have you thought of a new invention or had an idea. Then several years later someone invented the exact same thing and sold the idea for a pretty penny. Well, I think that happens to every one at some point and we could have sold the same idea, but just did not take that leap of faith. Being an entrepreneur is taking those brilliant ideas and capitalizing on that idea for a profitable venture. Starting a business, working from home, or becoming an online business owner is the true nature of an entrepreneur taking action today not tomorrow. If you are looking for something better in life then jump out with faith and become that person you want to be. The Vehicle: The vehicle that you choose to become and entrepreneur is up to you and only you. Choosing the right platform or business to start is completely up to the person. If you have wanted to start a restaurant, then take action today. Start by finding out the details of cost and how much capital you will need to start. If you want to be an online entrepreneur then begin by searching what products, skills or business that interest you and find someone that is successful in that field. Speak to that person and find out how they achieved success. Learn from those that have done what you seek and duplicate it, or if it has not been done then do it. Plan out your business and then take action every day to accomplish your goals. The vehicle that you choose should fit your needs and goals for you to be successful. I chose a marketing and training platform that gives me:
Platform for any product line.
Contact with successful people from my field.
Easy to follow process.
Automation & Tools.
Support staff and Business Coaches.
That is just a few tools in my back office and allows me the opportunity to take my business ideas into reality. Choosing a business model is based on your business plan and how you want to implement your plan.
The Risk: Everyone in their life takes risk and learned valuable lessons from those risk. I personally have taken risk and will continue to take that leap of faith because the end result will always change. Think back in school at what are parents tell us at an early age. Be careful, watch out now, don’t do that because you will get hurt. This type of directions sometimes stifles the very entrepreneur in each one of us. During our early years we see everything as possible until we give in to fear. We as human beings learn are whole life from our mistakes and the difference between being successful and failure is almost the same thing. Even if you fail at any business venture or job you will always take away valuable experience that will help you with your next step. Really, life is about making choices and lets face it we all make poor choices through out life. Even millionaires have stated “they took away valuable information from failure, which made it possible for success later in life.” So, when you think back on your life and see a failure, I see an experience that has taught you what not to do. Failure is really a small victory and should be examine so you make improvements on your process to achieve greater results. Risk is inevitable with all business, work, children, and being employed by someone else. I believe that we are at greater risk when employed by corporations than working as an entrepreneur. An employer can end your career at anytime, but as an entrepreneur you are in charge. Risk is in the eye of the beholder and how you perceive failure or risk is up to you. Good luck and follow your business plan to the letter and achieve great success by overcoming the risk.