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Commitment & Determination – What Makes You an Entrepreneur

What makes you an entrepreneur?; this question is simple but very difficult to answer. For a long time, people have studied the science behind entrepreneurial process, what drives a great entrepreneur, the things that make an ordinary person transforms into a job creator.

To answer this question, it’s much better if we try to understand what’s behind entrepreneurial process. At the heart of every entrepreneurial process is the founder, the opportunity seeker, the creator and initiator, the leader, problem solver, and motivator; the planner and the guardian of vision and mission. Without this human energy, behavior, drive, and vitality, the greatest ideas-even when they are backed by an overabundance of resources and people-will fail, grossly underperform, or simply never get off the ground. Brilliant athletic aptitude and potential is not equal with the great athlete. The difference is invisible and intangible: commitment, tenacity and determination.

Commitment and determination are seen as more important than any other factor that inspiring an entrepreneur. It makes an entrepreneur can overcome incredible obstacles and also compensate enormously for other weaknesses. Almost without any exception, entrepreneurs live under extreme, constant pressure (when they start their business, for them to stay alive, and for them to grow). A new business requires top priority of entrepreneur’s time, emotion, patient, and loyalty. The level of entrepreneur’s commitment can be measured in several ways: through a willingness to invest a substantial portion of his or her net worth in the venture, through a willingness to take a cut in pay because he or she will own a major piece of venture, and through the other big sacrifices in lifestyle and family circumstances. Clearly, commitment and determination usually demand personal sacrifice.

What you should keep in mind is that the desire to win never equal to the will to never give up. And this is actually a critical distinction. So many lead entrepreneurs say that they really want to win, but only few have the dogged tenacity and unflinching perseverance to make it happen. Just take an example of a young entrepreneur who made several phone call but none were returned. He made a few more calls but still, no response. Over the next week he made yet another series of calls that once again received no response. At that point, what would you do? Would you keep trying, or decide to move on and not waste any more time? Only you can answer this question, and the answer will gives a clear picture of your persistence’s level.

Entrepreneurs who successfully build new business seek to overcome hurdles, solve problems, and complete the job. They are disciplined, tenacious, and persistent. They are able to commit and recommit quickly. They love to win and love to compete at anything. However, if tasks are unsolvable, an entrepreneur will be the first person to give up than the others. There is a fair opinion says that while entrepreneurs are extremely persistent, they are also realistic in recognizing what they can and can’t. They know where they can get help to solve a very difficult but necessary task.

Five Distinct Mindsets of an Entrepreneur

I have written in this column before about whether entrepreneurs are made or born (January 18). As I noted in that column, the issue is no longer the subject of debate. Entrepreneurs can be made, that much is clear. Unfortunately, the culmination of that debate begs a new question: What do aspiring entrepreneurs need to learn?

The most fruitful research into this question has identified a number of cognitive skills that “expert entrepreneurs” possess. Cognitive skills are, in short, unique ways of thinking. Entrepreneurs who have been examined to reveal the cognitive skills they possess are usually NOT able to articulate them. They are aware that they’ve developed capabilities to convert disparate resources into profitable opportunities, but they can’t exactly say how they do it.

Research has identified distinct patterns in the thought processes in an exceedingly diverse set of entrepreneurs. Scholars have translated these patterns into terms that can be used by people who teach entrepreneurship and, more importantly, those who practice it.

In another field of study, Harvard psychologist Howard Gardner wrote a book titled “Five Minds for the Future”. The rationale for Gardner’s work is that: “One cannot even begin to develop an educational system unless one has in mind the knowledge and skills that one values, and the kinds of individuals one hopes will emerge at the end”. His book focuses on the five “mindsets” that he believes essential to general education: the disciplined mind, the synthesizing mind, the creative mind, the ethical mind, and the responsible mind.

While Gardner’s minds are debatable, his perspective that the way people think largely defines who they become is instructive. In light of his work, it seems natural to wonder whether it is possible to identify five specific “mindsets” that are important to entrepreneurial success. My own research has identified five such mindsets: the opportunity recognizing mind, the designing mind, the risk managing mind, the resilient mind, and the effectuating mind.

The opportunity recognizing mind is cultivated by identifying “pain points” in industry-specific value chains. Expert entrepreneurs rapidly go from spotting a pain point to analyzing the size of the market opportunity. Aspiring entrepreneurs, in contrast, are more likely to extrapolate from limited experience, and they tend to neglect analyzing the SIZE of the opportunity.

The designing mind has learned how to create repeatable production processes that consistently create valuable output for an identified market. In fact, one of the main differentiators between entrepreneurship and small business is the entrepreneur designs and develops of production processes that do not require his or her constant attention. Small business owners generally enjoy working in their business. Entrepreneurs prefer the design approach of working on their business.

Risk management is a too-often overlooked element of entrepreneurial expertise. A common belief is that entrepreneurs are risk takers. In reality, entrepreneurs have learned to be highly effective risk minimizers. Where others see intolerable risk, the expert entrepreneur has learned to reduce the risk to an acceptable level. For example, expert entrepreneurs operate according to the “principle of affordable loss” when launching a new venture. They don’t risk more than they can afford to lose.

The resilient mind is simply the ability to bounce back from the inevitable failures and setbacks that all entrepreneurs encounter. Expert entrepreneurs have learned to distinguish their business failures from personal failure. Without question they still experience disappointment and frustration, but they don’t turn their negative emotions inward. They view their business experiences objectively, and they strive to learn as much or more from their failures than they do from their successes.

Finally, the effectuating mind is simply the ability realistically to assess one’s talents, situation, and prospects. Any particular entrepreneurial opportunity could be pursued by anyone, but not everyone can pursue each opportunity. Some people simply will be better prepared to capitalize on an opportunity than others. This may be due to their life history, family circumstances, genetic gifts, or other factors. Expert entrepreneurs have learned honestly to assess their own unique talents and to leverage them in pursuit of opportunity. They do not care that others may be better suited to pursue other, potentially more lucrative, opportunities.

The five mindsets entrepreneurial expertise are targets for lifelong learning and development. No matter your current level of expertise in any of these mindsets it is likely that you have room for improvement. If you deliberately practice and develop skills in these specific mindsets over time, the chances for your entrepreneurial success inexorably will improve.

Hustler Vs Entrepreneur – Which One Are You?

To hustle or not to hustle?

Currently the use of the word “hustler” is thrown about as a positive way to describe oneself as having an entrepreneurial streak, or starting a new business.

From the 1800s, hustler meant “thief”, and in particular, someone who was aggressive with their victims. Nowadays, the dictionary still holds this definition true, describing a hustler in a negative light: a thief or criminal; a gold-digger or prostitute; an overly pushy salesman (OED, 2015). In modern music (mostly ghetto rap), “to hustle” refers to a way of making money and doing it against all odds. Maybe the latter is where startups are drawing their inspiration from?

Hustlers work for immediate gratification to obtain cash-flow, without a long-term vision. It’s about a foot in the door, a constant drive to keep making the money – it’s all about making the next sale.

As an entrepreneur myself, I would NEVER like to be referred to as a “hustler”.

Why hustle when you can “undertake enterprise”?

Being an entrepreneur may involve overcoming odds and making money, but it’s definitely NOT hustling. Startup entrepreneurs find ways of making money, but do so ethically and in terms of a defined growth strategy. Entrepreneurs build a business, own the business, delegate, strategize, and think ahead. They link things – they are connectors: businesses, ideas and people. Entrepreneurs create systems, contingency plans, they develop others, and (probably most noteworthy) entrepreneurs consider exit planning.

The actual meaning of entrepreneur?

It stems from Old French, “to undertake enterprise”. What’s enterprise? Well, that’s work. The characteristics of an entrepreneur were added in the 15th century: a person with “adventurous disposition, readiness to undertake challenges, and a spirit of daring” (Harper, 2015). In recent definitions, “One who undertakes an enterprise; one who owns and manages a business; a person who takes the risk of profit or loss” (OED, 2015).

Which side of the coin are you on?

Hustler vs Entrepreneur…

Semantics matters

Words change in meaning across time – that’s a common thing. But shifting from a negative use to a positive usage (pejoration to amelioration) is very rare. Between entrepreneur and hustler, we need to reflect. From a linguistics perspective, something to watch here. From a new business perspective, you should decide which side of the coin you’re on.

I guess the choice lies in this –

Are you undertaking an ethical enterprise as owner and manager, with adventurous disposition, readiness to undertake challenges, spirit of daring taking risks of profit and loss?

Yes?

Then you’re an entrepreneur NOT a hustler.

~A.

—

Direct references:

-Harper, D. (2015). Etymology Dictionary Via http://www.etymonline.com/

-OED – Oxford English Dictionary (2015). Via http://www.oed.com/

How To Tell If Someone Is An Entrepreneur

One thing defines an entrepreneur – constructive action.

Typically, they’re the salesman – doing *everything* to get people to buy their stuff. We all have the image in our heads; the “wheeler-dealer”, picking any opportunity to try and exploit (and other people) for profit.

Indeed, the term “entrepreneur” seems to have drifted around the present lexicon – from “something you did” (typically to improve people’s lives) into a blend of “money mad hustler” and “someone who doesn’t ‘follow the rules'”.

The reality is the modern meaning could not be further from the truth.

Entrepreneurship isn’t a vocation or job. It’s not a label which you apply to yourself in order to make yourself more endearing to a particular party, or clientele… it’s a way of doing things.

Many “entrepreneurial” types actually have jobs. They’ll never admit they are “entrepreneurs”, although they exhibit all the traits of one. The question is what these traits are, and whether you – or someone you know – has them.

What Is An “Entrepeneur”?

Entrepreneur is a word derived from French – loosely describing a “problem solver”.

Whilst its connotation has changed over the years, the premise persists – an “entrepreneur” is someone who creates a “widget” and has the ability to encourage other people to buy it.

What this “widget” is can be a commercial product, service or idea.

It’s actually interesting… some of the greatest “entrepreneurs” of history actually had nothing to do with money. They were completely focused on the development of a particular “result” and committed themselves whole-heartedly to its realization.

Whether this meant conquering the Persian empire (Alexander), developing the light bulb (Edison) or creating stable PC systems (Gary Kildall), conquering the Aztec empire (Cortez), the term “entrepreneur” really denotes someone who wants to build something.

The BIG difference between “original” entrepreneurs and the swathes of new-age idiots (who typically aggrandize a hedonistic lifestyle + seem to have an infatuation for “crypto”) is that the former were typically committed to a single profession, and manage to “leverage” that through the development of increasingly ambitious “projects”.

These projects could be anything… but they all had a core “reason” to exist. This reason was what drove the originator to pursue the endeavour, and continue even when it was questionable whether it was even “possible” or not. Obviously, the reason we remember them is that they not only discovered it was “possible”, but entirely feasible… hence their success.

How To Tell If Someone Is One

The typical sign is they will do strange things…

interest in esoteric ideas
pursuit of interests not directly correlated to the accumulation of wealth
strong displays of passion for particular subjects
immersive nature with different ideas (trying to recreate historical events etc)

The point is that REAL entrepreneurs are not typically concerned about money at all.

Their primary concern is the creation of a “thing”. What that thing is, is determined by either their character or interests… but in every instance of someone who’s achieved a large amount of success, they were completely and utterly focused on doing “their” thing no matter what.

This is actually important.

The modern world seems to have every 18 year old male wanting to be an “entrepreneur” – like it’s a badge of honour or something. If you’re not “growing”, you’re “dying”… right?

The truth is that our society has become so focused on convenience that the majority of these money-grabbing idiots have absolutely no business even considering themselves “entrepreneurs”.

They have no experience, no skills and are only latching onto the latest “fad” in order to escape the mediocrity which has come to pervade the West’s consumerist culture.

Entrepreneurship typically follows YEARS of interest in a particular subject. It typically follows HUGE investments of time & energy into the cultivation of a skill set, experience and “involvement” in a particular space.

Most importantly – entrepreneurship is about doing something “your way”.

Stay Clear Of Modern Idiots

The BIGGEST problem I continually see from the hoards of idiots is they are ALL following a “book” or some other “rules” on “how” to be an entrepreneur.

I see it all the time… guys reading all the biographies, neural studies, latest books from the big wealthy fat cat – all trying to discover the “secret” to massive success.

What’s ironic is that all of this stuff just works on the “outside” of the issue – the same people who read all the “stuff” end up with the SAME questions… “what do I sell?”- “how do I know if I’m going to make money on a product?” – “what’s the secret to getting rich?”.

If you have to ask “what do I sell”, you’re not an entrepreneur.
If you have to listen to what a “successful” person has to say on a subject, you’re not an entrepreneur.
If you have to consider all the “rules” put forward by others, you’re not an entrepreneur.

The point is that the modern world is chock-full of wannabe losers. Even the “successful” ones aren’t actually truly successful – they may have made a bunch of money, but what did they actually achieve? The answer is relatively little (or even nothing).

The truth is that if you want to “be” an entrepreneur, you have to get to work.

EVERYBODY has their own work. Some are models. Some are footballers. Some are computer programmers. Some are painters.

The “trick” is to do ANYTHING in order to get moving forward in an industry; clean the floors if necessary.

Once you start to gain some progress, the “entrepreneurial” stuff comes from leveraging any progress made within it – either to create & market a product, or to help a market better appreciate the potential of another device/product.

Traits Of “Real” Entrepreneurs

Quiet (or at least reserved)
Fully capable of embracing failure (indeed, using it as a spur to change/adapt)
Working constantly on different elements within their “industry” (again, everyone has a place)
Unafraid of social constructs (just because someone said it doesn’t make it true)
Laser focused on what “they” want to do (you want to bring sustainable farming to Africa? This is the type of thing a “real” entrepreneur will actually do)
Unafraid to give freely (most “entrepreneur” types are not attached to money at all… typically not having much until they find mercantile success)

If you haven’t worked it out, the core is purpose.

The modern world has very little emphasis on purpose; rather it focuses on productivity.

Nothing wrong with this, but it devoids most people of their passion. It’s good for GDP and McDonald’s – but bad for the creativity lying latent within a large number of people.

If you want to adopt “entrepreneurial” traits, the key is to become attuned to a particular “purpose” – through which you’re able to invest your entire life.

If you’re just looking at Ferrari’s and thinking that you “kind of want to become rich” – entrepreneurship is not going to do that. It’s a very difficult road, with only the most persistent and enduring surviving.

You need to get to work, and only then will you discover hidden opportunities into which you’re able to apply your expertise, experience or network to build something of real value to the world. This real value is then absorbed by the market, who’ll either pay handsomly for it – or reject it. This is pretty-much what determines whether someone could be considered an “entrepreneur” or not.

The 6 C’s for a Successful Women Entrepreneur

Women Entrepreneurship is fast growing and is likely known that the number of women entrepreneurs will be much higher than the men entrepreneurs. Some women entrepreneurs possess few qualities that make them move towards success. These qualities are some that many successful women entrepreneurs possess and must be learned and possessed by those who strive to be successful in their entrepreneurship.

The 6 C’s- confidence, courage, conviction competence, communication,and conceptualization

1. Confidence:

“Confidence is one which is cultivated over time, by not being wrong, but by not fearing to be wrong.”

Confidence is one which is developed over a period of time, based on their previous experiences, achievements and learning. It is one which is to practiced and executed. Strong-minded women are more likely to be confident in their business. Doomed to failure are the women entrepreneurs who lack confidence. Being confident in your venture opens up new ways to make up your business to success.

2. Courage:

All our dreams can come true, if we have the courage to pursue them. – Walt Disney

The absence of fear does not imply courage but rather, accepting that something else is more important than fear, is what is courage.

The build up of confidence leads to development of courage. Being a brave women brings in fortune and it goes unsaid that “fortune favors the brave.” A courageous women breaks open the blocks and keeps moving ahead towards success.

3. Conviction:

There can be no great courage where there is no confidence or assurance, and half the battle is in the conviction that we can do what we undertake. – Orison Swett Marden

The venture that most women entrepreneurs undertake becomes a success with a strong conviction to be what they desire. It’s conviction that is more important than experience.

4. Competence:

Competence means to possess the skill and knowledge to do things successfully.

Competence is all about opportunity seeking, goal-setting, risk-taking, persuasion, networking, persistence and demanding for quality and efficiency.

5. Communication:

Effective communication is the key to success of any entrepreneurship.

It is the key for establishment, survival and growth of businesses. Good communication skill is one which is practiced over time and it is all about conveying the message clearly and correctly. Communication helps you as a women entrepreneur to move that extra mile and make things work for you.

6. Conceptualization:

“Conceptualization is the process of developing and clarifying new and existing concepts.”

Identifying unique ideas and acting upon it is what is most required for success as a women entrepreneur. Researching complex situations and moving out of it requires great conceptualization. Women entrepreneurs must be able to know the existing problems and obstacles and find out a new and better solution for it to be a great women entrepreneur.

10 Benefits Of Being An Entrepreneur

1. Being in control:

The best thing about an entrepreneur is that he is in absolute control of his life. He does not have to report to anybody. He can take a vacation any time he feels he needs one. He gets to decide what can happen in his venture. Best of all, nobody can fire him. It totally rocks to be your own boss and to create your own destiny.

2. Work becomes Fun:

Now, most people who work in 9 to 5 jobs always get exhausted at the end of the day and they dread the morning of the next day. Especially, after the weekends. Some call them “Monday Morning Blues”. Now, an entrepreneur works 24/7 and thus puts all of his energy into his work. By working this hard, he enjoys whatever he does and because of this, whatever venture he puts his effort into, will eventually turn out to be a great success. Work is what one is obliged to do while fun consists of what one is not obliged to do. (From Tom Sawyer-Mark Twain.) So now the equation is WORK=FUN.

3. Free from Boredom:

Arthur Schopenhauer, the great German thinker and philosopher says that there are two kinds of misery. One is the misery of the working class another is the ennui of the born-rich, the fashionable society.

Misery of the working class: Because these people are busy generating wealth for others, the only thing they crave for everyday is REST. They wish to enjoy life to its limits but they can’t. They are constrained by their work.

Misery of the fashionable society: Now, these are the few individuals most people desire to become. It really is a wonderful thing to be rich and do all the things that a typical “working class” person dreams of doing. Now let us look from a celebrities’ perspective. Because these “filthy rich” people get to do any thing they desire, they actually come to a state where, nothing much else gives them a “high”. Parties sound like fun and having physical pleasures very tempting. Now imagine doing the same things over and over again in a dull monotony. Then you come to a state of “ennui”, a state of absolute boredom. The other end where the “pendulum” of life swings to, according to Schopenhauer. So, to stimulate their senses further than that which is natural, the typical celebrity resorts to drugs, which is just the beginning of a complete destruction for them.

Now, an entrepreneur, though gets to be really rich, is not in this primarily for enjoying the pleasures of the rich. Getting to execute his ideas is what satisfies him. For a true entrepreneur, work is not a means to an end. It is an end in itself. The process is as rewarding to him as is the end product. Because an entrepreneur is consumed by his desire to work hard, he gets really no time to engage in trivialities of everyday life. Now, how can he get bored?

4. Better relations with other people:

Because an entrepreneur is very busy, he will have very little time for others. Because of this, he will not become “Over Familiar” with others, which is the root cause for finding faults in others resulting in mischievous gossips. He will have only contact with people of his own caliber and usually this kind of friendship lasts for life.

For example, take George Washington Carver, the great American scientist. He was self educated and was the man behind peanut butter. It was he who discovered natures secrets by the hundreds. He singlehandedly changed the course of many agriculture based industries through his hard work and dedication. And the more familiar Henry Ford. These two great men who worked hard all their life, forged a great relationship and were there for each other till the end. Or take the case of Bill Gates and Warren Buffet. Bill Gates thought he had nothing in common with Warren Buffet who was an Investor.Bill Gates had scheduled his meeting only for half hour. But when Gates met him, the meeting lasted for Ten Hours! Such is the power of those who work hard on their own free sweet will!

5. Self Confidence:

Because an entrepreneur trusts in himself more than anything else, it unlocks the Giant that is present within himself. Coupled with the tremendous effort that goes with the task of getting an enterprise up and running, an entrepreneur is sure of success. This success breeds more success which in return instills greater faith in himself. After all, who does not wish to be self confident.

6. Giving back to the Society:

It is truly a great privilege to be given an opportunity to give back to the society. Entrepreneurs create wealth and job opportunities for others. This way, many lives are touched and changed for the better. By giving back to the society an entrepreneur experiences a sense of meaning and purpose in his life, which others, merely by accumulating wealth will never get to feel. Money to a real entrepreneur is merely a tool and never an end in itself.

7. Free from wants:

A passionate entrepreneur will not have the desire for any thing material because he has so little time for frivolities. Because he is completely immersed in his work, he is satisfied with whatever physical comforts he already has.

8. Being original and true to oneself:

Most people do things to please others. They do not have any thoughts of their own. Instead, they live the lives that others dream up for them. They want to please their children or friends or their parents and sincerely do what is expected of them to do. They live double lives all the time. Doing things they don’t want to do, talking stuff they don’t believe in just so as to fall in line with others. As the saying goes, “No man is an island unto himself”. Entrepreneurs however are a rare breed. They do exactly what they want and say precisely what they believe in. You may criticize them, show them their defects or mock at them, but the one thing you cannot do is influence them. Entrepreneurs are whole souled beings who think their own thoughts and live their own lives. Thus they are not split in their minds between their inner and outer lives.

9. Enjoying time-out:

An entrepreneur will in all likelihood enjoy every second of the time they spend outside of their work. Events like movies, trekking or simply chatting with friends become very special because of the little time they get. They understand that they might not get an opportunity for indulging in these activities frequently and so enjoy every moment of it.

10. The Exhilaration of Success:

Very few get to experience the sweet taste of success. An entrepreneur accepts the challenges, works hard to overcome them and when victory results, he savors the moment. Even when he fails in the beginning, he does not lower his head nor does he give up because he believes in the essence of what Theodore Roosevelt once quoted

“It is not the critic who counts, nor the man who points how the strong man stumbled or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena; whose face is marred by dust and sweat and blood; who strives valiantly, who knows the great enthusiasms, the great devotions, and spends himself in a worthy cause; who, at best, knows the triumph of high achievement; and who, at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who know neither victory nor defeat.”An Entrepreneur is, by his very innate constitution poised only for success.

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Do I Have What It Takes to Be an Entrepreneur?

Looking into a viable business opportunity, many young potential entrepreneurs have the same question in mind. Do I have what it takes to be a successful entrepreneur? Is this a good time to quit my job and invest all my time into this exciting proposition that I have chanced upon? Before you get into the in-depth details about how good the business is, maybe you need to do some soul-searching and explore your personality. Read ahead to find out about the important traits of successful startup owners.

Dynamism and Resilience

To begin with, entrepreneurs are passionate about what they do. They’re truly committed to making their enterprise work and when you meet them, they come across as dynamic, energetic people. Do you think that sounds like you? Further, you yourself need to completely believe in the product or services you intend to produce and sell. In addition, you’re going to face situations and people who, most likely, will shoot down every idea you have. It’s going to be a tough road ahead. And, you’re going to have to struggle all the way and for every aspect of your startup. Whether it is garnering the finances you’ll need, looking for suppliers for raw materials, or convincing marketers and buyers, to name a scarce few.

Persistence

The bottom line is that true entrepreneurs are persistent and determined. They don’t let the answer, “No!” get them down. There will be days when people actually laugh at you for the concept you have. And, there will be friends and family members telling you not to quit the security of your job to plunge into a venture that may or may not eventually succeed. You’ll have to hang in there – no matter what.

Competitiveness

You’ll need to plan for the competition you’ll have to deal with. As you begin exploring your business idea, chances are there are other people out there that are trying to make the same idea work. You have to be able to add that special USP that will make your products stand out from the rest. When your customer asks you, “Why would I want to buy your product as against the many others out there in the market?” You need to be prepared with the right answers.

Communication Skills

One of the key skills that a successful entrepreneur needs to nail down is – great communication. You’ll need strong people skills to sell everything you have in mind – the business concept to your stakeholders, getting support from family, and then, convincing customers.

Drive, Determination and Hard Work

Success does come at a price. And, that price most certainly is hard work. You have to have the drive and determination. And, you need to be prepared to put in long hours at work. This is especially true in the initial stages of your business when you’re still finding your feet. Are you prepared to put in 48 hours worth of work each day? If you do then you’re on the right track. But, there’s one other factor you need to remember. Success can be elusive. And, you’re going to face setbacks all the time. Do you have the resilience to stand firm in adverse situations and forge ahead no matter what?

If you feel that the person this article is talking about is you, then YES!, You do have what it takes to be an entrepreneur. So, what’s stopping you?

Secret Strategies To Generate Money From Amazon To Become Digital Entrepreneur

You may check, if we are trying for making money on online, almost 98% of our efforts or actions will be scammed by well skilled scammer in the name of Online Digital Marketing. Since online money-maker is not a money-maker they are just online money dreamer, unfortunately they are money looser. Even if we earn 0.50$ means someone earned 5$ through us. Over the Internet there are hundreds of online money earning opportunities exist, like Freelancer, Affiliate marketing, paid surveys, ad clicking and ad posting, ad clicking websites, Mobile app Tasks, Daily login and paid online tasks etc. If we consider Time, cost & effort factors, those hundreds of opportunities may fail to bring Passive online Income constantly for us.

For example, if we consider online tasks like “5$ per one survey” just think, is it possible to get daily basis? If yes. Definitely you are the well skilled digital scammer.

One of the well-recognized online money-making technique is Affiliate Marketing. Yes, of course. It is the greatest way to earn money online. Here the problem is you need a well traffic generating Website or Blog to become affiliate earner. Here I have a product to promote and new website. But I don’t have Traffic. For this you may get free traffic sources, but it requires continuous effort over the year without a single penny. In case of paid traffic, it’s so expensive, need certain skills to optimize keyword for your promotion. And those paid traffic may be or may not be generates sales for you. That’s why it’s a good and passive income generator for you, if you are well familiar with Affiliate Marketing Strategic and Skill-set Training otherwise it’s too expensive and like a Gambling.

As a freelancer, I had subscribed membership plan on one of the famous freelance website by paying certain membership fee, and after that I started to search for work. Wow! there are number projects available in my selected category in these websites. But those projects were already bide by hundreds of freelancer like me. I thought that event I bid low price on these projects there is no Guaranteed for availing these projects, why I need to waste my Time, energy and Money on these kinds of Unprofessional things?

Making money online isn’t a ‘get rich quick’ scheme. If you want to become a successful online earner, you need to adopt a long-term mindset. Whatever you want to do online, do it through Professionally Le-Earn strategy. For example, if you want to become successful you-tuber having 5 million channel subscriber within a year. As an individual person it’s difficult to achieve this goal card. But it was proven by successful YouTube earner through their back-end strategic training and implementation. Therefore this goal is achievable by strategic learning & obtaining well training from digital experts for free of cost or paid training services also. Definitely this strategy help you to achieve online earning goal will successful on internet.

Become a Proficient Entrepreneur With Finance Certification Courses in Pune

In this world of competition, everyone wants to have a successful career. Therefore, one of the most sought-after fields of learning is finance, offered in many institutions. These courses help to grow your career fast. Hence, for a better future, you must look for some attractive finance certification courses in Pune. Nilaya Icats Institute of Commerce Pune, a hub for commerce related courses will help you establish your future.

Finance can also be described as a part of Commerce and both involves money, banking and investing process. As both are interconnected, you must have a profound idea about the subject. Firstly, you must see whether your institute is offering best Accounting courses in India. The business institute will make your interpersonal skills stronger and build your confidence. While you are preparing for accounting courses, you must understand why it is beneficial:

Exploring business sector

As a subject, Finance and Accounting can be described as the pillar for any business organization. Take control of your career by pursuing the best finance certification courses in Pune and become a finance professional. Any business that relies upon money is dependent on the services of accountancy expert. Technologically everything has changed and there is an unending demand for experienced accountants and financial professionals now. If you don’t have a strong base, your organization might collapse and it might harm your career.

Nowadays, financial activities of any company ranging of different sizes are scrutinized regularly for future prospects. For this very reason, capable and qualified accountancy professionals are highly in demand. So, if you want to achieve your goal, you must enroll yourself at Nilaya iCATS Institute of Commerce. It is the best Institute of Finance & Accounts in Pune with several proficient teachers. The courses they offer are also properly described and fully professional.

Financial incentive and flexibility

Accountancy embodies an outstanding prospect for running and establishing your business at your home. If you are self employed, you have the full freedom and flexibility to choose your own work patterns and timing. For that you need to have certain knowledge on the working procedure and different ideas on accounts. Hence, you must be a part of Nilaya iCATS Institute of Commerce as it is considered the perfect Institute of Finance & Accounts in Pune. They are known to offer courses in banking, taxation to becoming a Master in Corporate Accounts & Finance.

Accounting Professionals, who are experienced in this field, will be able to add value to their organization. You will also have the opportunity to learn more and offer your insight to your team.

The key focus of the accounting courses is to address the challenges of professionals. They offer a potential emphasis on learning while doing and most of the programs are developed around that. Enrolling yourself at Nilaya’s iCATS will let you learn more about the best Accounting courses in India from trained professors. It will later help you to make your mark and create a niche for yourself in the competitive arena of finance.

The Qualities and Traits of a Successful Entrepreneur

Entrepreneurial activities are on the rise in Nigeria. This is mainly as a result of the lack of jobs that plague many Nigerians including university graduates. A study carried out by Gallup showed that 67 percent of Nigerians are willing to start their own businesses. Furthermore, 80 percent of those interviewed believed that their businesses would be successful in Nigeria. This is a large percentage as compared to the results of other West African countries whose median for those willing to start a business was 44 percent. This trend has not gone unnoticed and the former Nigerian president, Olusegun Obasanjo even mandated that entrepreneurial skills be taught to all university students irrespective of their major.

All this is in line with the Nigerian Economic Policy for 1999-2003 whose purpose is to promote education through the use of technology. The Nigerian president also has big plans for the country one of them being to see Nigeria as one of the top 20 economies of the world by the year 2020. This, he hopes will come to pass if the policy is duly implemented. According to this policy, one other way that these ambitious goals can be achieved is by partnering up with certain agencies such as the Fate Foundation in Nigeria and the United Nations Transfer of Knowledge through Expatriate Nationals (TOTKEN) which are dedicated to encourage entrepreneurship.

Entrepreneurs in Nigeria face unique challenges that hinder their entrepreneurial spirit and encourage rampant corruption. Nigeria has been previously known as one of the most corrupt countries in the world and this discouraged free enterprise. Nigeria has also been largely dependent on the income from oil that other economic sectors have been grossly underdeveloped. During the oil boom period of between 1973 and 1980, Nigeria’s GDP rose to $1,100 in 1980 from the previous $220 in 1971. However, due to inappropriate government policies Nigeria’s economy was left vulnerable. Investment was made mostly with the oil industry in mind that other sectors such as the manufacturing and the agricultural sector was rendered noncompetitive.

The fall of oil prices all over the world during the 1980’s combined with a general increase in the capital markets real interest rates, greatly affected the domestic and international fiscal situation of Nigeria. This led to a general economic slump which was characterized by a significant fall in GDP from 1,100 in the 1980’s to $340. According to the World Development Report of 1994, Nigeria had dropped from being a middle income level country into one of the poorest countries in the world. A devaluation of this kind created very high inflation, a general spread in poverty and high unemployment rates.

Other factors that have affected entrepreneurship in Nigeria include poor infrastructure, high cost of doing business, constant political, tribal, religious and ethnic violence, gender discrimination and lack of quality education. However, measures are being taken to cub all these negative influences and to make Nigeria conducive for entrepreneurship. Despite all the challenges that have affected the Nigerian economy, business development and entrepreneurship has taken root. It is especially known that individuals from the Ibo ethnic group have great entrepreneurial skills. The number of private firms has greatly increased since the 1980’s although they are quite small when it comes to employment, revenues and capital. Nigeria currently ranks second after South Africa in terms of GDP and if proper measures are taken and appropriate policies adopted then it may as well take the top spot.

Starting any type of a business requires planning, imagination or creativity, inner drive to succeed and of course hard work. However, the main traits and characteristics of entrepreneurs that make their businesses stand out from the crowd include; the desire to achieve. Entrepreneurs are people who highly desire to achieve. An entrepreneur should not wait for things to happen but should rather make them happen. They are also highly competitive and would always try to be informed about latest entrepreneurial developments. Entrepreneurs are also self starters. This is to mean that they motivate themselves to do something. They do not need an incentive to do anything but the desire to succeed is enough to get then started. They would rather make their own mistakes and learn from them

Entrepreneurship also requires hard work. As entrepreneurs, it is important to know that success does not come in a silver platter but has to be worked for. Entrepreneurs realize that they have to put in a lot of time and effort to see there dream come true. Focus is also another very essential characteristic of an entrepreneur. Entrepreneurs know what they want and will do anything to achieve that. This is related to positive thinking in that they believe that everything will turn out well in the end no matter what. Entrepreneurs are also non conformers and almost always wanting to stand out of the crowd. A successful Nigerian entrepreneur should also avoid being pinned down to anything and instead make their own goals and objectives rather than working for someone else.

Entrepreneurs are also born leaders. Good leaders inspire trust in others and motivate them to do something. A good leader efficiently influences, guides and directs people. This trait is especially important when hiring people for the newly founded business. An entrepreneur should possess good judgmental skills and be sharp and bright capable of making wise decisions. Good communication skills are also a must for an entrepreneur. This means that a successful entrepreneur can efficiently convey a message which will be clearly understood. This trait only works well if one is also a keen listener. Entrepreneurs are risk takers. Running a business in itself is a risk because if one does not make calculated choices it could easily collapse. Successful entrepreneurs therefore, take calculated risks in order to succeed. Entrepreneurship also requires dedication. Entrepreneurs tend to stick to their ventures no matter what. They do not easily give up and when they make a mistake, they learn and move on rather than obsessing on that one failure.

Starting and running a business has its ups and down and the ability to stick by it defines a true Nigerian entrepreneur. Creativity and innovation is also another trait that characterizes a successful entrepreneur. Entrepreneurs will always look for new ways of doing things. They are not afraid to try out new ideas and are highly imaginative. Their products or services therefore usually have an edge due to this creativeness. Generally, Nigerian entrepreneurs need a strong spirit that will endure all the trials and tribulations that come with a business. Nigerian entrepreneurs therefore need to make informed choices before deciding to enter into entrepreneurship.