Showing posts with label What lessons can we learn from successful entrepreneurs?. Show all posts
Showing posts with label What lessons can we learn from successful entrepreneurs?. Show all posts

What lessons can we learn from successful entrepreneurs?

I think entrepreneurs teach people about hard work and dedication because an entrepreneur has a desire to achieve, the push to conquer problems, and give birth to a successful venture. It involves hard work and most are generally workaholics (Everyone who knows Donald Trump knows he is ). Entrepreneurs have a nurturing quality and are willing to take charge of, and watch over a venture until it can stand alone. They have an acceptance of responsibility. They are morally, legally, and mentally accountable for their ventures. Some entrepreneurs may be driven more by altruism than by self-interest. They reward orientation and have a desire to achieve, work hard and take responsibility, but also want to be rewarded handsomely for their efforts; rewards can be in forms other than money, such as recognition and respect. They are optomistic and live by the philosophy that this is the best of times, and that anything is possible. They have an orientation to excellence and often desire to achieve something outstanding that they can be proud of. They have strong organization and are good at bringing together the components (including people) of a venture. They want to make a profit; but the profit serves primarily as a meter to gauge their success and achievement. The demand theory holds that entrepreneurs emerge out of the combination of entrepreneurial opportunities and people who are well-positioned to take advantage of them. Thus, anyone who encounters the right conditions might become an entrepreneur, if they find themselves in a position where they find a valuable problem that they alone can solve.