Saturday, August 28, 2010

How you can become a successful Entrepreneur (I)

So often when you see successful entrepreneurs you think they did not face any difficulty. The truth is that entrepreneurs look at problem relistically and practically. They understand the principles that pertain to all problems. They know that they have to be tough. Here are some of the principles:
1- Everybody has problems
The truth is that employers, employees, unemployed people, businessmen, politicians, actors have problems. Successful entrpreneur are not exempt from problems, and success actually creates new problems. When you have a business, you need people to assist you solving problems generated by the business. The staff itself creates other problems you must deal with, and so on.
2- Problems do not stay forever
No entrepreneur is all up all the time, nor are they down all the time. Problems do end. When you look at history this principle is evident. Mankind goes up and down. Every problem has a life span. No business problem is permanent.
3- Problems always have a positive side
Every coin has two sides. What may be a problem to you can be a profitable business for others. Entrepreneurs can turn problems into a profitable venture. For instance, mosquitos are serious problems in Africa, and a lot of entrepreneurs have turned these problems into serious profitable businesses. They produce mosquito spray, mosquito treated net. Lawyers are in business because people violate laws in a moment of weakness or ignorance. Medical doctors are in business because people are sick. 

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