Saturday, 15 October 2016

kelvin Ehiozefe

Why do you want to be an Entrepreneur?

Becoming an entrepreneur may sound very encouraging or pose the idea of becoming your own boss where no one has to tell you what to do and how to do it. Even though in real sense entrepreneurship is not for everyone.
Why do I think so?
After carrying out a survey asking people their reasons of intending to become an entrepreneur a large percentage (53%) of my findings indicated that the desire of people to be self-employed was in order to live the life of a boss while 40% would become an entrepreneur to improve their finance and 7% still prefer working for someone but the big question is when everyone becomes a boss who supports the boss?

Why do you want to be an Entrepreneur?

Telling the bitter truth entrepreneurship is not meant for everybody as the security of income suddenly disappears, dozens of other things require paying before you can take your wage in combination with the stress of working long hours, and not everyone can cope with that.
So before plunging into become self-employed here are some few questions you would need to provide answers to;

        1.       How knowledgeable are you about the business you are considering opening?
        2.       Do you have all the necessary skills to run the business?
        3.       How much money do you have to invest?
        4.       Do you have any experience with your line of business?
        5.       How competitive is the field you want to enter?
        6.       Who are your targeted customers?
        7.       Is there a need in the market your services will meet?
        8.       What type of selling would be involved in your new line of business and how do you plan to sell?

READ: 8 traits of a successful entrepreneur

The answers you attach to the questions above will determine how far you go as an entrepreneur  you might want to print out these question and answer them carefully.

As the world of an entrepreneur is fraught with challenges and surviving in this sea of business owners requires much determination and motivations. So be sure you are well equipped and ready to take the heat of owning a business before you plunge-in.

kelvin Ehiozefe

About kelvin Ehiozefe -

Hi, my name is Kelvin Ehiozefe am an ICT entrepreneur and a Content writer. I write about Business start-up, Blogging, Lifstyle and Technology

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