- Discover what it takes to start a business
- Develop the mindset of an entrepreneur
- Be equipped with the knowledge on becoming a successful entrepreneur
There is no point venturing into entrepreneurship when you don’t know the qualities you need to cultivate as an entrepreneur. From the Holy Scriptures, we could discover that the first entrepreneur is God. The book of Genesis 1 verse 1 says "In the beginning God created the heaven and the earth". 'Created' means He made new things, and one interesting fact is that God created us in his own image, hence we have the trait to be innovative and provide new services. You have to make up your mind as an entrepreneur, and prepare adequately. One of the ways you can prepare is to know the qualities that would made for a successful entrepreneur. Check the one you already have that are natural to you and improve on them and the ones that you are still far away from and begin to cultivate them so that when opportunity comes, you're ready to maximize it. God wants us as entrepreneurs to do something to exchange value inother to make wealth.
What makes people start business? It could be the desire for independence, financial freedom, some people want a sense of achievement or success. Whatever this reasons are, you need to be prepared to take advantage of what is coming as the business environment is changing rapidly.
Also Read 'Ten times better' click here
Entrepreneurship cut across all the temperament types and it is not the exclusive reserve of any particular sex, race or age group. Some say men are better entrepreneurs than women but this is totally wrong today as we have seen women succeed greatly in business. Some people would disqualify themselves just because they do not have University Degree. They fail to realise that the richest man in the world 'Bill Gates' dropped out of the University in first year and that university degree does not automatically guarantee you money.
A positive outlook on life or a positive mental attitude:
No one can survive as an entrepreneur without a positive mental attitude. Pessimistic attitude will ruin anything committed to one’s hand. Positive mental altitude is what will sustain you in business because business would not always be rosy. The average human being is wired to have a pessimistic outlook on life. A strong desire to succeed is a major requirement to becoming a successful entrepreneur. The average person who have succeeded in business has tried quite a number of things that do not work, even in the course of building a business and getting one to work they start many things that didn't work and they adapt. Sometimes they fail and try again but they have unquenchable desire, the strong determination to succeed.
Ability to capture a vision:
Every successful entrepreneur must have the quality to see something out of nothing. Vision is a mental picture of a preparable future. The ability to recognize value in things that other people could not recognize value in. most successful entrepreneurs turns nothing to something just by recognizing that things can be modified to have value. They see value in what people call common. Your ability to recognize value in something you have; it may be a skill, for some people it may be the ability to arrange flowers while for others, the ability to bake cake etc. a successful entrepreneur must have a robust imagination.
Passion:
Vision without passion will lead to frustration. When you have divine visions and imagination not controlled with passion i.e. the natural excitement that flows from you when something is being done by you, an individual can become tired. What are you passionate about? If you are engaged in something you are not passionate about begin to look for your area of passion. Matthew 6:21 says "For where your treasure is, there will your heart be also". That is where your money lies. Vision plus passion equals to good success. Emotional attachment is important for your business.
Risk taking:
A successful entrepreneur is a risk taker. The woman in 2 kings 4 went about borrowing vessels. What if the vessel remains empty and oil didn’t flow? Every risk must be calculated. The difference between a successful entrepreneur and failure, is that in risk taking some people take uncalculated risk. You can start small. If you have 100 dollars, you do not need to invest everything. The risk the woman took paid off.
Persistence:
God wants us to have this mentality that refuses failure. Failure is never fatal as success is never final. Every failure is a learning course. So be persistence. Maybe you have tried something before and it didn’t work, don’t itemize failure. There is a different between a failure as event and failure as a person. The event failed but you’re not a failure.
Innovation:
The ability to turn around things or think things differently. How can we serve more people with smaller resources? What are the things that competitors is not doing? These are questions that can trigger innovation. A successful entrepreneur is not one that sit with one idea until it becomes a dead horse. Successful entrpreneurs don't just see things the way they are, they see opportunities in problems because they take initiative. They see the problems people have and a strong passion to solve that problem.
Strict sense:
This is the ability to understand the social economic situation of your environment. You know what is going on around you. It is time to understand what is going on in your environment. Read a book about the business you’re encaged in. experts are made out of knowledge and practice. A wise man once said, "It takes 10, 000 hours of practice to become an expert in any field" and you can achieve 10,000 hours in less than 10 years. If you’re committed to it.
The ability to attract power or source power:
Money flows to the direction of power. Power is necessary and it is the ability to do work. Not natural power now but spiritual power. As a Christian, there are avenues in the word of God by which you can attract power. Prayer is the source of spiritual power. Fellowship with God through prayers and word study then power would be made available. Successful entrprenuer is one that has placed value on spiritual power and know how to source it.
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