Here is my advice to all you would be entrepreneurs. This is what I learned after taking this entrepreneur class:
1. Go into business with a mindset to serve. If your goal is to serve others with your new stat-up, then you find greater fulfillment and success.
2.Be a lifelong learner. Constantly learn new skills and develop new talents .This will give you advantages and opportunities others may not have. Entrepreneurs need to have generalized skill, not specialized skill in today's business world. The more skills you have gained, the more versatile you will be as an entrepreneur and you will be able to see and take advantage of opportunities that others may not see.
3.Choose good companions along the way. No one can run a business by himself. The more support you have in your venture, the better your ability to get through the rough patches. However, choose your companions among those with high integrity and moral principle.
4.Start small. Don't bite off more than you can chew. almost every venture has started with a small venture first. don't be afraid to start small and let your business grow at a pace you can keep up with.
5.Get experience and knowledge in business before launching
one of your own.Don't be afraid to start at the bottom and work your way up. As you work in a sector, you may see opportunities that you can take advantage of because of your position.
6. Be on the lookout for patterns and connections to build
ideas. As you work in different sectors of the business or nonprofit world, look for ways you can connect patterns in trends, emerging markets, and consumer or societal need. Then seize the opportunity to build an enterprise on that need.
7. Have a mentor to help you get started, to listen, and to
help analyze idea for viability. Everyone needs someone they can go to ask questions and who is willing to help build your business. Choose someone who has done the hard work of building a business and see what insights he can give you.
8. Look for unmet needs in society. Use the talents and resources you have to bless society with either your ideas or the earnings from your venture. If we always keep the mindset of service, we will be able to make our life mean something, and make the world a better place because we took action.
9.Keep relationships as a priority, they are the only thing
that will stay with you through eternity and support you along the way. Life is
empty without relationships.
10.Follow your dreams and talents. Find out what your God-given
talents are. In other words, get to know yourself.This may require taking time to ponder and pray about your life's goals and dreams. Find what you are better at than anyone else and capitalize on your strengths.
11.Keep the Lord as a partner along the journey. Seek
inspiration and have the courage to follow it.
12.Remove the phrase, “I can’t” from your vocabulary; never give up.
13.Find your calling in life and follow it.
14.Build business for the sake of helping build a better world
and to serve the human family.
Following these principles will not only help you become a successful entrepreneur, but it will also build a better you.
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