Blog of no Complacency in Business

Early in my life I had always been fascinated by the world of business. Elon Musk has been a hero of mine since middle school. Being a successful entrepreneur was something I have imagined for my entire life, I even have an idea journal packed with ventures I some day intend on pursuing, which contains ideas that range from starting a honeybee farm to designing a complete, real working lightsaber. I shared my ideas with my friends, family, and teachers, who all told me the same thing “That is a great idea, but you will Never be able to do it, you are a kid, and every day you want to do something different” When I got my driver’s license, I finally believed I had everything necessary to start a business I had been dreaming of for weeks. I harnessed

Those people that have an entrepreneurial spirit are those with balanced talents and willing to choose risky operations. Entrepreneurs must have creativity to succeed in a work place or in

1. When you love what you do, it's not work, it energizes you. Whether you want to start a business, or achieve overall greater business success, you must start with a burning desire. There will be roadblocks and detours along the way. Without the fuel of passion and feeling of purpose, it's easy to become overwhelmed, lose focus and give up entirely. When I was in sales, I loved going to work and having that "customer connection." The only reason I eventually left was I possessed an even greater passion for "connecting" through speaking, training and writing. There's a strong sense of accomplishment

For budding entrepreneurs who want to kick start their career on a high, I would like to say patience and setting realistic goals is crucial. One also needs to develop strategies that will ensure success in the first two years of operation. The strategy should target product improvement, growth and profitability to ensure successful exit.

If I were in their shoes I would have to have a passion for the product, if you do not love what you are trying to create or accomplish then there is no reason to peruse it. Another thing that comes to mind is that of being able to accept risk, as a wise man once said “you can’t get anywhere in life without taking risks (Esme n.d.) and the same concept can be applied to business. Finally, having persistence is key because everything is always going to take longer than one anticipates and it can be very difficult to keep pushing forward when it seems everything is standing still (Akalp,

As someone who had always been prudent, I wanted a major that involved risk, and the out-of-the-box thinking I enjoyed. To me, business was all of the aforementioned. Who would’ve thought selling something like “pet” rocks could make someone a millionaire? Looking to an even more ludacris invention, who would’ve thought that selling a singing plastic fish would go viral. Herein lied what I thought to be the “magic” of business and entrepreneurship – the fact that it wasn’t a prescribed path but one that I could pave for myself.

I grew up in a family that was entrenched in entrepreneurship. Real estate and business dealings along with conversations about sales calls, collections, and challenges were a constant. At 11, I even invested into a piece of real estate with my parents that I still own to this day. This made the decision very easy for me to follow the path of my grandparents, parents, and older brother. I had a red carpet into the world of business. That said, from an early age, business did not give me the joy that everybody deserves to have in their career. I tried to get excited about it, I even acted like I was excited about it, hoping that I would convince myself that the business world was my destiny. At 13, I was invited to a Junior Medical School

in running a business. For instance: profit, people, lack of control, nothing’s working and the

Taking after my dad, a ‘retired’ businessman, I kept an interest in Business Management. Opportunities always come to those who are prepared, well these might not be the appropriate words, I would instead say every dog has his day. I got a chance to open, an international shopping website two years ago. Luckily, my cooperator and I solved the logistics, custom issues, and now we currently have more than fifty thousand active customers. It is from this activity that we are aware of the intense competition. We switched to a different profession by registering an entry-luxury brand in

Starting a business is the latest trend. Just take a look at Instagram. Several profiles have the caption ‘Entrepreneur’. At this very moment, there is someone, somewhere working on an idea, a business plan or launching a startup. Entrepreneurship is on the rise like never before. The flexibility and independence that comes with being one’s own boss is attractive and worth taking the leap in starting a business. However, most people don’t know that being an entrepreneur is a grueling journey that can be very lonely and stressful at times. According to the Small Business Administration (SBA), 50% of businesses fail during the first year. Starting a business can be a scary task, but the

The quotes above represent many of the truths I learned along my journey towards entrepreneurial success. Below are a few interesting facts about my journey to success that I would like to share with you. Through them, you will see, I am just like you. If I can find success, so can you:

First, in the chapter six assessment we learned about managing small business startups. This “Do You Think Like an Entrepreneur?” assessment measures the likelihood of me becoming an entrepreneur. The self-assessment questions to some aspect of improvisation, which is a correlate of entrepreneurial intentions. Entrepreneurial improvisation consists of three elements such as creativity, ingenuity, and the ability to produce novel solutions under constrained conditions. Successful entrepreneurs also have the ability to work well under pressure while also having action, persistence, and the determination to achieve goals and solve problems in the moment. Based on my personality, I would have assumed that I would was not fit to be entrepreneur because although, I am always

There has been extensive research conducted on the characteristics that successful entrepreneurs possess. These attributes vary widely across literature, however there are common key traits that are required to achieve any form of success. Frederick et al (2013) suggest entrepreneurs are risk takers, optimistic, have sound judgement and an ability to manage. While a review of literature relating to the psychology of an entrepreneur reveals a large variety of characteristics in a successful entrepreneur, these can be consolidated to a a few into only a few traits that are essential for a successful entrepreneur. Whilst taking into

The blogging phenomenon has started to make companies view the potential benefits of corporate blogging. They all agree that blogs achieve a mass media effect through the high level of networking in the blogosphere wherein news disseminates very rapidly. The blogosphere (online community of blogs and their writings) has heralded a new communication tool that can influence public opinion of a company. However, companies are slow to react to the growing credibility of corporate blogs as communication channels.

When people first hear the word business, they quickly associate it with money. Of course, people in the business field have higher salaries than simple cashiers in the supermarket. But, it 's also true that these two type of professions have a completely different educational background. It 's very easy to be fascinated by the business of doing business. However, when people open their own business, they face so many different challenges, as nurturing a business is almost like nurturing a child because as the business grows, it can become wild and difficult to control, or it can be sweet and easy to manage. Opening your own business means to become your own boss. Not only give to yourself the ability to make your own decisions, but it also offers financial independence, creative freedom and the chance to fully use your skills and knowledge. In addition, I strongly believe that the person who open his own business has to have self-confidence and determination to achieve what he really wants and certainly has to be prepared for the many sacrifices and years to achieve it.