Sunday 11 August 2013

Aspiring to be a young entrepreneur? Here are thing you should know

    

In the current world,education alone does not guarantee survival rather it is a world for the smart and innovative individuals. Being smart and innovative means that one is able to notice a gap and come up with a unique product or service to fill the gap. In our country unemployment is like cancer ,where the supply of human labor is higher than the demand. The solution lies from within that is encouraging the youths to change from employment mindset to entrepreneurship mindset.

Being a young entrepreneur I will share with you few things that have kept me going and that have made my entrepreneurship journey exciting.

1. Follow your passion  
The greatest mistake people make is doing something they are not passionate about just because of money. These are people who will always have excuses about their failures and why they are not performing to their potential. If you want to start a business,start something that you love. Last Friday I happened to attend the Launch of the monthly Passion Profit Network by Frida Owinga. This was an eye opening session that made me realise the benefits of pursuing opportunities from my passions.  

2.  Networking
Connections...connections...connections,networking is a life skill, not just something you do when you want something. You should invest time and resources to make friends with people in different  cultures, ages,occupations, social statues etc. Ensure you have a business card and a business card holder. Every time you have an idea check out the contacts you have,that can help turn your idea to reality. Make sure you attend Networking events and if possible avoid the free ones, because there is high probability that most of the attendees will not be serious professionals.Social networking platforms, like LinkedIn,twitter among others provide a great way to stay in touch with old friends and make new ones.Here is more information on  Networking process .

3. Technology
Successful entrepreneurs that is those who have a clear concept of what they are trying to accomplish leverage technology in order to help them achieve their goals more quickly. All  aspiring entrepreneurs must be incredibly tech-savvy,it doesnt necessary mean that they know how to code but must understand the language and the trends of technology. Starting or investing in technology related startups or companies is among the hottest areas at the moment. Social media has provided an easier way for entrepreneurs to interact with other entrepreneurs and customers. Aspiring entrepreneurs should ensure that they have a strong social media presence

4. Mentorship




Every entrepreneur should have a mentor that is someone who's been down that road before and can share their wisdom on an ongoing basis. Mentors can provide tailored guidance, general best practises, and an example of a successful business that the protege can learn from. The report by the Danish Embassy, Nairobi and Inoorero University noted that mentorship programmes would impact positively on new business ventures if entrepreneurs are given proper guidelines on how to invest and manage their resources. You can join the Professional Business Mentors Association of Kenya to be able to connect with professional mentors. Personally i have started an initiative to mentor and empower young upcoming studentpreneurs, Check out more info about Young Students Empowerment and support this noble initiative.

5.Taking Risks
We as a society are very risk averse; and that holds back the entrepreneurial potential to unfold itself fully. The bitter truth is that most successful entrepreneurs have sacrificed one thing or other that is dear to them in order to be successful. Most entrepreneurs aren't more risk ophilic than anyone else — they just define risk differently.

is is the bitter truth
This is the bitter truth, every successful people take risks. Every successful people have to sacrifice one thing or the other that is most dear to them at one point or the - See more at: http://www.writersincharge.com/tips-aspiring-entrepreneurs/#sthash.USI3o5tn.dpuf
This is the bitter truth, every successful people take risks. Every successful people have to sacrifice one thing or the other that is most dear to them at one point or the - See more at: http://www.writersincharge.com/tips-aspiring-entrepreneurs/#sthash.USI3o5tn.dpuf





1 comment:

hellen said...

The bitter truth is that most successful entrepreneurs have sacrificed one thing or other that is dear to them in order to be successful