Definition of the successful entrepreneur is different for each entrepreneur. The entrepreneur is part of any country’s economy, which provide employment to many people. A beginner entrepreneur face many problems during startup, you can check all characteristic that you like then possess. Then, if you don’t have all characteristics don’t worry. All entrepreneur learned with practice and by positive attitude, he sets target for achieving goal and apply self hard work, through proper strategic, achieve goal and measure. Defination of entreprenur
Any activity pursuing by you, there must be required to success in pursuing acting. ex. For taking contract for any work some legal document submitted to the company for taking tender. Same as if my goal to be successful businessmen or entrepreneur then I will be developed, implemented, arrange for my business to success. I believe that this article content helps you for required to start, managed, operate & grow a profitable business.
Do which you enjoy
Each person has different interest, so every person born with unique qualities, skill & interest, I think you understand what i saying. for ex. I meet people, which exchange idea or information about new things, so find in you what you like in which you give your best. Finds your hobbies make your profession or business. Ex-a person have been play cricket, want your profession some famous person Sachin Tendulkar (Indian Batsman).
characteristics & skill
Entrepreneur are like a gambler which afford for make profit in him Business, chance of winning in business, It is luck or proper planning. Successful entrepreneurs must be good characteristic & skill, which make him successful entrepreneur, they have risked taking, decision maker, sharp minded, creative and strong finance. Which new product or service you offer to consumers-which consumer demand or used frequently.
Planing & strategie
Make proper planning for achieving targets of the company, For example-think about what product or service we provided to customers, research of product in market, product is demanding or not, Location find where more customer.
for every business activity Estimate all risk factors of business, measure all expenses of the activities of business, how much fund you have to register Company Name, production, operating expenses, advertisement, telephone bill, etc. Successful entrepreneur are spending more money to marketing of the business, without marketing business not a success.
PRODUCT OR SERVICE
Find new product or service in the market, which customer need more, think about how make a product attractive & cheap compare to competitor.
Production of product
Production of product easy in small scale, increase machine, man power, fund through another investor for medium scale, or high scale
Entrepreneur Marketing Strategy
Marketing of a new product or service are necessary for growing business in short, of time, Marketing is part of attractive of customer to product or service. following method of marketing -Example
- Social media-Facebook, twitter, whatsup etc
Deliver product to customer
How can deliver to customer, we can deliver product via- online store or off-line store. Online store is cheaper to off-line store, it saves transportation cost, etc. Loyal with all customers, satisfied your customer which can again use your product or service.
It is a difficult task for required strong or innovative candidate for new Company. analysis all factors of business which help you decide how much employee, you need for winning in your business. Example-Accountant, marketing manager, filed boy, office employee, etc.