So what is Entrepreneurship?

It is the development of a business from the ground up.

Although there are no specific traits all entrepreneurs share, there are certain characteristics that most successful entrepreneurs possess:

  • Ability to plan: Entrepreneurs must be able to develop plans that meet a range of goals in areas such as marketing, sales and personnel development.
  • Communication skills: Entrepreneurs should be able to explain, discuss, sell and market their goods or services.
  • Marketing skills: An entrepreneurial success is linked to good marketing skills, as they result in people wanting to buy their goods or services.
  • Interpersonal skills: The ability to establish and maintain positive relationships with customers and clients and business colleagues is crucial to the success of any entrepreneur’s business venture.
  • Leadership skills: The ability to develop a vision for the company and to inspire other to pursue it is imperative for success.

Photo by:  Saul Cuellar

Thinking of becoming an entrepreneur?

Here are some tips that will help you along the way:

  • Learn from others’ failures. Rather than admiring the small percentage of businesses that grow to become successful, study those that end up failing. So many companies have made common mistakes that have led to their demise. Learn from the mistakes of others and avoid making them yourself.
  • Solve problems. Entrepreneurs should always be in search of problems to solve.
  • Be passionate. Find your passion and build your business around it.
  • Get advice from those who have done it. Find a mentor who is successful, read books, network with people you admire and take on as much great advice as possible.

I am lucky enough to run a global network marketing business and I believe it is a great, low risk, way to learn all the skills needed to operate a business, such as selling, managing time, keeping yourself motivated, as well as leading and motivating others.  It offers a great way to train and make a living as you do so. If you would like to find out more about the industry of Newtork Marketing please contact us via info@wellroundedyou.com.