Showing posts with label entrepreneurial information. Show all posts
Showing posts with label entrepreneurial information. Show all posts

7/25/2012

Implementing Entrepreneurship Process


Entrepreneurship stages generally perform entrepreneurial stages:

  1. Stage start, the stage where someone is going to make effort to prepare all things necessary, start by looking at a possible new business opportunities are opening a new business, make acquisitions, or franchising. Also choose the type of business to be done whether in agriculture, industrial / manufacturing / production or services.
  2. Phase conduct business or summarized by stage "road", this stage of an entrepreneur to manage the various aspects associated with its business, including the following aspects: finance, human resources, ownership, organization, leadership, including how to take risks and make decisions, marketing, and evaluation.
  3. Maintain the business, the stage where the entrepreneur based on the results achieved to analyze progress achieved to be followed up in accordance with the conditions encountered
  4. Develop a business, the stage where if the results are classified as positive or have developed or be able to survive the expansion of business into one of the options that may be taken.

According to Carol Noore cited by Bygrave , beginning with the entrepreneurial process of innovation. Innovation is dipengeruhi by various factors both from private and out of personal, such as education, sociology, organization, culture and environment. These factors form the locus of control, creativity, keinovasian, implementation, and growth then berkembangan be a great entrepreneur. Internally, keinovasian bersal influenced by factors of the individual, such as locus of control, tolerance, values, education, experience. While environmental factors that influence comes from such role models, activities, and opportunities. Therefore, an advanced berkembangan innovation through a process dipengrauhi entrepreneurial environment,organization and family

Entrepreneurs Who Create Creativity and Innovation


Entrepreneurs Who Create Creativity and Innovation. Entrepreneurs are able to create superior creativity and innovation as the basis for life, grow and generally have characteristics or traits that are long-term process based on experience and education. Some of the inherent characteristics of entrepreneurs themselves (Zimmerer, and Scarborough, 1998; Kuratko & Hoodgets, 2007) as follows:

  • Desire for responsibility,Superior entrepreneurial feel personally responsible for the business which he did. They are more in control of resources and resource use those resources to achieve goals. Entrepreneurs who succeed in the long run must have a sense of responsibility for the work done. Ability to bear the business risks such as: financial risk, engineering risks sometimes appear, so the entrepreneur must be able to minimize the risk.
  • Tolerance for ambiguity, When the business activities carried out, necessarily would have to relate to others, whether with employees, customers, suppliers, supplier, dealer, community, and formal legal rules. Entrepreneurs should be able to keep and maintain good relations with stakeholders. The diversity of entrepreneurship is something that ordinary hat. The ability to accept diversity is. A hallmark of entrepreneurship in order to maintain the viability of business or company in the long run.
  • Vision, Successful entrepreneurs always have goals, clear objectives must be achieved in the future are measurable. Vision is the philosophy, goals and motivations why life companies, and entrepreneurs will translate into the goals, policies, budgets, and working procedures are clear. Entrepreneurial vision of the future are not clear like the one that runs without a clear direction, so the tendency to fail is very high.
  • Tolerance for failurer, A successful business requires hard work, sacrifice, balk when the cost and effort. Entrepreneurs who are familiar with the creativity and innovation are sometimes or even often experience failure. Long process in achieving that success will enhance the personality of tolerance to business failure.
  • Internal locus of control, In the human self is no ability to control who is affected by the internal self. Entrepreneurs who excel are those that have the ability to control themselves from within itself. The rigors of life stress, binis competition, rapid change in the business world will increase pressures balk psychiatric mental, moral and everyday life. Entrepreneurs who are able to control themselves will be able to survive in an increasingly complex business world.
  • Continuous Improvement, Successful entrepreneurs are always positive, regard it as something valuable experience and continuous improvement. Employers are always new things mencarihal will balk benefit in the short and long term. Entrepreneurs have the power, the desire to engage in innovative adventure that will bring beneficial consequences in the future.
  • Preference for moderate risk, In life trying, always dealing with the intensity of entrepreneurial risk. The nature of entrepreneurship in the face of risk can be classified into three kinds of properties to take the risk, the risk seeking (people who like the high-risk), moderate risk (those who possess love to take moderate risk) and risk averse (people like to avoid having the nature of risk ) In general, successful entrepreneurs have the ability to choose a moderate risk / moderate, where when making a decision requires careful consideration, this is in line with the entrepreneurial risk that if a failure on their own responsibility. Entrepreneurs will see a business with a customized level of personal understanding environmental change (Zimmerer, and Scarborough, 1998)
  • Confidence in their ability to success, Entrepreneurs generally have a fairly high confidence in the ability of self to succeed. They have high trust for meiakukan many things to balk and success. They tend to be optimistic on the chances of success and optimism, usually based on reality. Without the belief and confidence to succeed to the challenge will lower the morale of doing business.
  • Desire for immediate feedback, Rapid developments in the life of menunut entrepreneurial venture to anticipate the rapid changes taking place in order to survive and thrive. Entrepreneurs in general have a desire to get a response or feedback to a problem. Competition is so tight in the demanding business world to think smarter, faster response to change. Entrepreneurs have a tendency to find out how well it works and seek recognition for continuous achievement.
  • High energy level, Entrepreneurs in general have a high enough energy in conducting business activities in line with the risk that he would go through. Entrepreneurial in spirit or energy is quite high compared to most people. Risk to be borne alone encourage entrepreneurs to work hard and within a period of time. Passionate and able to use the power of motion, tenacious perseverance and not easily discouraged.
  • Future orientation, Uncertain business profits always encourage entrepreneurship see opportunities, appreciate the time and of the future-oriented. Entrepreneurs have a tendency to see what will be done today and tomorrow, not such a fuss over what was done yesterday. Unggui entrepreneurs who are always trying to predict future changes in order to improve business performance.
  • Skill at organizing, Building a business from scratch requires the ability to organize resources in the form of economic resources and tangible resources to intangible economic benefit maximum. Entrepreneurial organizations have expertise in conducting balk people and goods. Superior entrepreneurial ability of the portfolio when it has sufficient resources to survive high and growing.
  • High Commitment, Bring up a new business requires a high commitment to succeed. Discipline in work and in general entrepreneurs immerse themselves in these activities to the success of his ideals. Scarborough, et.all (2006) reveals step, the final step to enhance the creativity of an entrepreneur entrepreneurship is the driving force "work, work, work, ...."
  • Flexibility, Rapid change in the business world requires entrepreneurs to be able to adjust to the changes if it wants to succeed. The ability to adapt to the changing environment is a basic capital in the attempt, grow and succeed. Flexibility in touch with colleagues such as the ability to adjust to the behavior of other entrepreneurs, the ability to negotiate with colleagues to reflect the competence of entrepreneurial excellence.

7/24/2012

Obstacles in entrepreneurship


Entrepreneurship in the run would have been no mudah.Banyak constraints we face in living tips that have been outlined in atas.Kendala - obstacles we might face the possibility of a failure to pick up new business opportunities is the lack of objectivity, seeking ideas for products or services .

Lack of proximity to the markets we enter will also merupakn permasalahan.Apabila we do not know how we are going to enter the field, how can we begin berlaga.Selain this, understanding the technical requirements are not adequate may also be an obstacle to start entrepreneurship.

Neglect of financial need is one of the fundamental obstacles. Sometimes we do not really memilirkan in depth and detailed financial requirements for the development and production.

Besides the things that have been outlined above, the lack of creativity and inofasi can also cause a lack of product differentiation in this pasaran.Hal certainly can not guarantee, entrepreneurs have certain advantages that differentiate it from competitors - other competitors.

11/07/2011

How to Get Started Building Your Own Business

How to Get Started Building Your Own Business

How to Get Started Building Your Own Business. The first thing that comes to everyone's mind is the question 'How should I start a business? ". Then the question was again repeated in the mind of" How to Start Your Business? "The question that is often attacked by many people. One proper answer is Start Doing Business Only. Did in starting a new venture to say something that is quite heavy and full of challenges. Not many people dare to start a business in the end was never tried. Finally, no never become entrepreneurs. Unlike running a business venture that has been established, it would be relatively easy. But more and more people have to start a business from nothing compared to running a business that has been established.


Starting a New Small Business

There are two main ways to realize a new business venture for those of you who want to become entrepreneurs.
  • Starting a business from scratch, Some employers feel more satisfied with having your own business and decide everything. Starting from the product, management style, determination and lain2 supplier. However, the risk of failure was greater than that by buying a franchise because the company's name is not yet known.
  • Buying an existing business, Intended to buy here is to buy a license or franchise. Business itself is usually already known to man, we just continue with the specified requirements the franchisor. Disadvantages of buying a business is, employers are not free to determine the desired product and management. But the advantage is, less likely to fail because of an established name that has been owned by the business itself.
 Business consultants and creditors generally advise new entrepreneurs who do not have the experience to choose the second way, because the possibility of failure is smaller.


Doing business with the pioneering efforts of zero

Running a business from scratch with a pioneering effort to make a strong business foundation. Sometimes people start a business from the state do not know 'How To Start A New Business', but he's still doing it and finally found the right formula in business. Often we find that in fact many people are well educated to be employees of lower educated people, or even the "uneducated". What I mean no education is education in the sense of formal education. Even though everyone has experienced, although no formal education. Life experience, the process of seeing, hearing and feeling the events around us is actually a process of education as well. The extent to which a person could take a lesson from all this is very different. Learning based on these experiences can actually be a capital to start a particular business venture.


Courage In running a new business

Courage and determination that became the first capital in starting a business. The sooner a person willing to take the decision to start business the sooner he will be successful. Business sense sometimes appear even among educated people who are not high, though not all. The instinct to run a business supported the courage to take chances and act as a key to the success of someone. The instinct to capture business opportunities is not something that is just inherent in a person. The ability to capture business opportunities come from the learning process of starting a business, running the business step by step and finally an evaluation of the business is run. Without the courage to start a business will never have any experience in a business in the end will not have the sensitivity capture business opportunities. The ability to capture these business opportunities will usually be honed over the course of starting a business. Long established business will open up new business opportunities, so that the offender will be moved to Starting a new venture to support the old businesses.


Key to start your own business is the courage to try

Will spur a thriving business to start a new business, the key is the courage to Start Your Business. People who dare to take steps to start a business, if in the course of his efforts have failed difikirkan never too far away. Failure is a lesson and whip for success. Fear of failure is often attacked by highly educated people. Because it is always overshadowed by the fear of failure. Fear of failure would inhibit themselves to start a business. Finally, business is never done. Some people are comfortable with the salary of an employee in an agency with a wide range of facilities. But some people find themselves limited when working on others, and more could be developed if it has its own business. Starting a business must be based on a grandiose dreams but start with small things, then it bigger and ultimately achievable dream. Do not ever do a big if not a small thing can be done. So the first keyword in a pioneering effort is Courage to Start Your Business. The answer to the question How to Start Your Business, the answer is Dare to do business. Starting a Business courage is one important factor that determines the success of the business.