Ever wonder what goes inside a busy day of an entrepreneur living up to his entrepreneurial functions and activities? Basically, a lot. The very first thing that would enter his mind when he wakes up in the morning is how to show efficiency and effectiveness to the client the benefit of his presentation. Then he would walk into his office and meet with them.
He would emphasize the importance of patronizing his ideas. When they shook hands with it, an entrepreneur knows that’s the start of a brand new day.
But meeting up with the expectations is not all that there is. An entrepreneur’s responsibility doesn’t stop there. He’s mind should always think beyond the unthinkable and recheck his assets to support it. The cost is great but the risks are greater. An entrepreneur not only sacrifices his reputation at stake but also his trust fund.
In summary, there are only 3 important daily routines an entrepreneur incorporates with his life: Organize, coordinate and mobilize. He must have the ability to balance all three because when one is lost, the others might be compromised.
Organizing includes creativity, innovativeness and strategy of pulling it altogether. The spirit of a true warrior has to be present. He is knowledgeable that a positive attitude and the will to walk the extra mile with no hesitation would gain much profit. He always does his research, gather data, and think of ways on how to expand his own establishment.
Coordinating means communicating. Explaining the pros and cons. Talking to people who can supply resources like raw materials, facilities, and machineries needed for the business to get on its track. A blurry conversation between the entrepreneur and the supplier would affect the rate and quality of production.
Mobilizing the people who works wholeheartedly for him must also be prioritized. An iron hand always gets a business into trouble. He adds benefits. He knows that what he needs is similar to what his laborers need. This is crucial to establish one big happy working environment.
These activities must be balanced. One thing lacks or exceeds, the whole process messes up. His functions are elaborated more.
The function to think
• Think of numerous possibilities beyond human expectation
• Think of who needs what
• Think of how to handle a question or a problem by providing different possible answers
• Making decisions without the fear of being crucified the moment he mess things up
• Think of how much everything would cost
• Think of how much he would profit
• Think of what others might not think
• Elaborates and explains to further understanding
Entrepreneurship: Stories of Famous Entrepreneurs
Time is of the essence. So why waste it when you can profit a vast amount of money and be the boss of your own company at the same time? For those who seek success beyond unimaginable boundaries, entrepreneurship would be the answer. Probably this is what’s running inside the minds of the renowned entrepreneurs of our economic era.
Empowered by determination and guts and eliminating the process of failure, an entrepreneur should always be on the grasp for suitable products to suffice the masses. This paved their way through stability, fame and power. Take it from these Top 5 personalities who gained so much from starting so small. Focus on their step by step challenges and experiences.
Bill Gates. As a billionaire dropout not finishing his education during his junior year at Harvard University, Gates is considered as one of the most famous individuals of our time. With a vision of personal computers emerging out of the mainstream, he teamed out with his colleague, Paul Allen who also studied in Harvard. Together, both of them left the university in exchange for a dream that led them both to their multibillion business, Microsoft Corporation.
Oprah Winfrey. At a very young age of 19, Oprah started her anchoring career for a TV station situated in Nashville, Tennessee. From there, she pursued her dream and traveled to Chicago. Not more than a month, The Oprah Winfrey Show was born and talk show was never the same. Surpassing other local networks, it was tagged as one of the best talk shows that entered national television. Aside from being a host, Oprah founded Harpo, Inc. and O, The Oprah Magazine.
Walt Disney. Snow White, Cinderella, Sleeping Beauty, Beauty and the Beast, Pinocchio, Fantasia…need I say more? The man behind the world’s most famous mouse used to be a Red Cross volunteer during World War I.
With his talent as a cartoonist, Disney made his 1st debut with Plane Crazy, introducing our beloved black and white mouse. Riding with the flow of Hollywood revolution, he advanced from a silent cartoon to a talking Mickey Mouse. Then everything followed. His enthusiasm made him sit on top of Disneyland garnering 26 Oscars.
Sam Walton. Does Walmart and Sam’s Club ring a bell? Thanks to the undying loyalty of Sam Walton to achieving a retail business not benefiting only himself but also his fellow Americans, everyone can live like everyone else.
Born to one of the wealthiest families, Walton pioneered the retailing business by putting up stores that reached the whole of America like a caravan. Thus, he was recognized as one of the most influential people chosen among many by Time Magazine.
Ray Kroc. Mr. Hamburger guy here who once made a living as a milk–shake man envisioned a fast food company that can deliver quality service in the name of chow time. Rapid proliferation of McDonald’s franchises which were of reasonable costs generated massive income. Seeing this burger phenomena eat its way through, Kroc remained afloat with the priority of offering food and service perfection to customers worldwide.
As evidence, these renowned entrepreneurs made everything possible just by living up to their dream of becoming someone everybody could appreciate and look up to. Starting from scratch, but reaching to this point of earning so much cash. You too could be an entrepreneur. Point is, when you dream, dream big.
