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Topic: How do you become a good entrepreneur? - page 3. (Read 3051 times)

newbie
Activity: 28
Merit: 0
January 22, 2017, 12:55:29 PM
#18
Entrepreneurs have some basic characteristics. For me, the most important features are the risk. At the same time they work hard to realize the idea.

What are the features that should be a good entrepreneur for you?

Some people say you need to be born with certain qualities to become a very successful entrepreneur. Others say if you just work hard at something, you will achieve greatness. I don't think hard work is enough. In the first place, there's no objective measure of hard work. What someone might consider mind-bending another can do with ease. I think timing has a lot to do with it. If you recently invented an 8-track player that will never wear out, costs $2, and can play 500 songs, guess what? You're over a generation too late. You have to be in the right place at the right time, have a team of like minded people all dedicated to the same goal, and enough money to survive your first few crisis, or else nobody will ever hear of you.
newbie
Activity: 9
Merit: 0
January 22, 2017, 11:55:21 AM
#17
All the hard work and focus and determination etc. is all well and good...however, that is only a piece of it.

In this new/emerging energy on the planet, what is most important is a commitment to service; and it has to be service to self as well as service to humanity - 100% in alignment.

If you don't have that in place at a fundamental level, you won't get very far. The support won't be there, the synchronicities won't show up...it will be an up-hill battle that quickly drains you and then fizzles out. It's much easier said than done, but doing that fundamental work - on some level - is a prerequisite for improving on the statistics (80% of new businesses fail within the first two years) for yourself and even tilting them in your favour.

The next piece involves looking at the concept of 'successful entrepreneur'. What does that entail? Is it a 75 hour work-week, a BMW and a big house in a nice neighbourhood, but spending little quality time with your children/partner/family, and then having the biological/health issues that inevitably arise as a function of mental/emotional stress and imbalance?

In many ways, unlearning much of what you have learned (conditioning) is where you may want to consider directing the bulk of your attention and creative energy before getting to work on a business plan and sinking money into a start-up.

Get clear on what success means to you. Ask yourself the questions: How do I want to live? What do I want to be feeling on a day-to-day basis? What things are most important to me?

These are pretty open-ended questions. They aren't answered in five minutes.

Spend the time contemplating them over time - weeks and months - as much as you feel is enough, and even on an on-going basis. This initial investment of focus/attention is far more valuable than any business plan, marketing, hard work etc...

As a side-note, many of the ventures that emerge and are conveniently labeled as 'scams' - in my estimation - are very likely products of well-intentioned (likely hard-working, motivated etc...) people trying to be entrepreneurs but not having the fundamental pieces that I mentioned in place, and so things start to go side-ways pretty quickly and people lose money, drama happens, reputations get tarnished etc...some compassion would go a long way...for anyone, in any venture...as part of that initial fundamental work.
full member
Activity: 218
Merit: 100
January 22, 2017, 11:09:19 AM
#16
-Find problem worth solving.
-Find customers who will pay for those problems to be solved
-Keep customers loyal while solving problem effectively
-Profit. Reinvest. Expand.

Hope this helps.
legendary
Activity: 1078
Merit: 1014
January 22, 2017, 11:07:32 AM
#15
find something popular but not totally saturated, copy and rebrand it, use blackhat techniques to rise above your competitors, be prepared to fail many times and have no holidays money or leisure time for years until you get things working and if you can't make those sacrifices don't bother and just stay at your mcdonalds job
sr. member
Activity: 504
Merit: 250
January 21, 2017, 05:47:02 PM
#14
Luck is also big part of it. There is a saying in my country - its better to be born without a penis then without luck Cheesy

Jokes aside, it requires hard work, master thinking, maybe not illegal stuff but lets say knowing how to legally jump over some laws and regulations. Starting capital also makes a lot difference, its easier to double your money then start from scratch.
where you from? i find it funny your country's saying. lol
legendary
Activity: 1146
Merit: 1006
January 21, 2017, 05:06:19 PM
#13
Entrepreneurs have some basic characteristics. For me, the most important features are the risk. At the same time they work hard to realize the idea.

What are the features that should be a good entrepreneur for you?

First of all to be honest i don't think btctalk is the right place to ask this question because you are going to get some answers which are simple and generic and some which is literally nonsense.

secondly, i would agree with you on the entrepreneurs have certain characteristics.
Personally i am taking courses in entrepreneurship along with environmental and biobased technology.
By stats 8 out of 10 fail and few try again. Even if u have those chars i would suggest take few courses into it to understand all the social and financial aspects.

There is no cheat sheet to learn to "become" an
full member
Activity: 126
Merit: 100
January 21, 2017, 04:50:01 PM
#12
Luck is also big part of it. There is a saying in my country - its better to be born without a penis then without luck Cheesy

Jokes aside, it requires hard work, master thinking, maybe not illegal stuff but lets say knowing how to legally jump over some laws and regulations. Starting capital also makes a lot difference, its easier to double your money then start from scratch.
vip
Activity: 1428
Merit: 1145
January 21, 2017, 04:15:43 PM
#11

Buy Pisces Coin ♓ via cloud sea mining on the wew, using the blockchain as proof of transactions paid via newly created mined bitcoins by BitFury. See my sig.
full member
Activity: 140
Merit: 100
January 21, 2017, 12:05:42 PM
#10

I have not heard of LEOcoin before. There are a lot of ponzi systems in the market. There are a lot of MLM companies doing business with Bitcoin. But I did not find a connection between entrepreneurship and it.
newbie
Activity: 37
Merit: 0
January 21, 2017, 05:19:23 AM
#9
to be good entrepreneur, of course I will stay focused on what I'm doing.
My second should be consistent with what I'm doing.
and must keep the spirit in the face of trials, one of them when I lose in trying.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
sr. member
Activity: 504
Merit: 250
January 20, 2017, 09:55:15 PM
#7
I would say.

#1 Work hard
#2 Put in the time
#3 Don't give up

Simple things are the hardest, sometimes.
this is a great advice but i wanted to add more. first, know what interests you. second, know what are the demands in your community like what are the possiblethings they like or interest too.. then start in there. meet their demands. it maybe a trial and error in the beginning but i know you'll soon know the technique. and as what he said, WORK HARD and DONT GIVE UP!
full member
Activity: 140
Merit: 100
January 20, 2017, 08:12:36 PM
#6
I would say.

#1 Work hard
#2 Put in the time
#3 Don't give up

Simple things are the hardest, sometimes.

Is not there a place for entrepreneurship idea among these things? Can a good entrepreneur achieve success no matter what project?
legendary
Activity: 2562
Merit: 1441
January 20, 2017, 02:02:25 PM
#5
I would say.

#1 Work hard
#2 Put in the time
#3 Don't give up

Simple things are the hardest, sometimes.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
January 20, 2017, 10:54:16 AM
#4
Get lucky or corrupt.
Many are born with money or fall into it by accident.
MOST are scammy assholes who push schemes.
Good guys finish last..

the last sentence is about 99.9% true...coz good guys tend to abide all the laws & regulations implemented on his realm of business.

but for me, the top of the list should be motivation and creativity.
if you have motivation, then there's the fire burning within you that you can innovate to such extent that you never thought of.  Smiley

And guess what ? There are no laws or regulations in Crypto (for the most part)
sr. member
Activity: 1988
Merit: 275
January 20, 2017, 08:42:13 AM
#3
Get lucky or corrupt.
Many are born with money or fall into it by accident.
MOST are scammy assholes who push schemes.
Good guys finish last..

the last sentence is about 99.9% true...coz good guys tend to abide all the laws & regulations implemented on his realm of business.

but for me, the top of the list should be motivation and creativity.
if you have motivation, then there's the fire burning within you that you can innovate to such extent that you never thought of.  Smiley
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
January 20, 2017, 08:27:35 AM
#2
Get lucky or corrupt.
Many are born with money or fall into it by accident.
MOST are scammy assholes who push schemes.
Good guys finish last..
full member
Activity: 140
Merit: 100
January 20, 2017, 08:16:28 AM
#1
Entrepreneurs have some basic characteristics. For me, the most important features are the risk. At the same time they work hard to realize the idea.

What are the features that should be a good entrepreneur for you?
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