Tuesday, November 26, 2013

What an Aspiring Entrepreneur Should Know



He should have:

Risk taking ability
Creativity
Innovation
Leadership  
Intrinsic motivation (self motivation for the idea)
Ability to identify opportunities
Ability to acquire resources, space, people, money
Good leadership, team player skills
Students desirous of turning entrepreneurs should think about the business model carefully
Find out opportunities in the down turn
Know that the entrepreneurs are not born but made
The field does not necessarily requires any formal qualification
Striking it rich should not be the main objective.  Money is an incidental outcome
It is fundamentally all about satisfaction
It is all about commitments to an idea, innovation and finding a meaning in life
The failure rate is high

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