Odds for Success
Opportunity is at the heart of the process. Taking
opportunity can lead business to success. This opportunity can be more
effective if this will be analyze properly (what market, technology,
competitive management, and financial risks can be reduced or eliminated. The
said opportunity may contains a risks, but higher risk gives higher return
that will lead the business into success.
Entrepreneurs
must have these creative and good strategies in allocating or controlling their
resources. Thinking money first is a big mistake. This can make the business
set unrealistic goals that the management cannot accomplish. Resources is very
important, it should be controlled and minimized for it becomes a way of
maximizing shareholder value.
Teamwork
builds unity to perform a smooth flow of doing their jobs. People involve has
its own qualities and expertise that can supply a great team. This can help the
venture to be more productive and survive in the business world.
Think of a
pole dancer, they are going to put their strength in the upper body to carry
their selves in the pole. This can be relate to entrepreneurship, in the sense
that, an entrepreneur must have a strength to carry challenges or risks they’re
facing on or will be facing on. Or a circus performer, they need more practice
(focus and self-trust) just to get a perfect performance. An entrepreneurship
goes like this too. Entrepreneurs should trust their selves that they can do
it, they can make it, they can survive and success will be in their hands.
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