Monday 5 September 2011

Entrepreneurship may be the right choice for You!


Happy Monday!



Entrepreneurs are usually characterized as risk-takers and creative types who are not afraid of challenges or hard work. To possess the entrepreneurial spirit is a wonderful thing.

Around me, I see many entrepreneurs and aspiring entrepreneurs. This is terrific. Unfortunately, many are opening very similar businesses and are not trying to differentiate themselves in any way. In such a small market, this is self-defeating behavior for an entrepreneur.

I remember sitting with my sister a couple of years ago as we tried to come up with ideas for a business based on our interest, skills and available capital. I will say at that point our prospects did not look very good.

This is normal for any aspiring entrepreneur…you will get ideas, you will think they are great ideas, you may realize at some point that your enthusiasm for the idea was misplaced or the environment is not supportive and then you get another idea and you try it and it may or may not work out but you took that chance and tried something…hopefully something new or made yourself stand out in some way. If it works, you will be your own boss (with hard work, long days and often sleepless nights of course)!

If you have always aspired to be an entrepreneur, start preparing today. Come up with a new idea or concept, do your research and write a business plan. Get the start-up capital required and go for it!

On the other hand, if you have never considered entrepreneurship, in these days of economic turmoil, job uncertainty and job losses – why not try your hand at a part-time or full-time entrepreneurial pursuit today.




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