Published On: Fri, Feb 22nd, 2013

THE SPIRIT OF ENTREPRENEURSHIP

the-sprite-of-entrepreneurs

 

These 5 characteristics will  take you far as you start  your business

 

YOU KNOW IT

Most of the successful entrepreneurs tell this  story. Long before they were running multimillion-dollar companies, they were  testing their entrepreneurial skills by selling lemonade on the corner and other activities. It seems that behind every successful businessman there  is a kid who knew that doing business is their life plan. There is something that sets every entrepreneur apart, something that makes them believe that their life is destined for something different. Entrepreneurs have that x factor that makes them ride on the highs and lows of the life, and to accept failure and success with equal poise. The entrepreneurial spirit is a gift that inspires others to become the best they can be.  From passion and positivity to leadership and ambition, here are the entrepreneurs that best define the entrepreneurial spirit.

PASSIONATE

Entrepreneurs are passionate about their work. It is the fiery passion to their work that makes them successful. Richard Branson the founder of Virgin embodies this quality. Virgin group has expanded worldwide in industries ranging from music, to space travel. “Businesses are like buses,” he once said. “There’s always another one coming.” It is not just the passion for business, but it is also the passion for business. Branson attracts a lot of media attention because of his lifestyle and way of doing business.

ADAPTABILITY

Adaptability is always important for an entrepreneur. The entrepreneur must be willing to adapt to the changing environment and improve his skills. From a service point of view he must  willing to improve to the satisfaction of the customers.
Sergey Brin and Larry Page of Google are a great example of adaptability and leading the way. These front-runners see change way ahead and adapt their business according to its. Their ability to deliver products way ahead in time makes Google one of the most powerful companies in the world.

AMBITION

An entrepreneur also needs to be ambitious, without ambition nothing can be achieved. Debbi Fields, a young homemaker didn’t have any resources or business knowledge, but she had the ambition and a great chocolate chip cookie recipe. When she first opened her cookie outlet in 1977, everybody thought that she was crazy. Only because her ambition she has transformed her little cookie store into a $ 450 million company across many nations.

LEADERSHIP

An entrepreneur should be a leader too. He will require the Charisma, ethics and integrity. The entrepreneur should also be enthusiastic, team oriented and guide. Mary Kay Ash of Mary Kay Cosmetics had all these in her. She infact helped a half a million women entrepreneurs fulfil their dreams of owning a business. She was a single mother who worked for a home products company. She started her own company because her company in 1963 with $5000 . She was a powerful motivator and leader. She was named one of the 25 most influential business leaders in the last 35 years.

OPTIMISTIC

There are always ups and downs in life and even in business and the entrepreneur needs to take this challenge. Jeff Bezos the founder of Amazon is well known for his positive attitude to business and life. Living by the motto that “every challenge is an opportunity,” Bezos set out to create the biggest bookstore in the world with a little internet startup called Amazon. Amazon.com was launched in July 1995, and with no press, managed to sell $20,000 a week within two months. The dotcom bubble caught  up his startup and its shares plunged for $100 to $ 6. But Bezos strongly came back fighting. Now Amazon.com is a multi billion dollar company, all because of the optimism of its founder.

 

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THE SPIRIT OF ENTREPRENEURSHIP