We have discussed the first phase of How to be an Entrepreneur of distinction and in this part two, we will be digging even deeper to greater revelation.
Remember I told you in my previous article that even those considered idiots can succeed in business. So, I wouldn’t want you to raise unjustifiable reasons why you can’t make it as an Entrepreneur of distinction. You can! The potentials are within.
To become an entrepreneur of distinction everything that needs to be done must be done. These things include;
7. Learn to save for the big deal
If you have a plan, a goal and a vision of what to achieve as an Entrepreneur you must start saving for the big deal.
Saving has gone beyond just dumping your money in a bank for them to make 100% profit and pay you peanuts. You can also save by investing your money to make it work for you.
8. Invest your time to make it work
Everything that is of value directly or indirectly needs your most-precious time inorder to yield a precious result.
The world of entrepreneurship needs your time. Spend your time on learning and implementing every idea necessary to grow.
9. Be service-centred
The first thing I learnt when I moved into the world entrepreneurship was seeing it as an opportunity to serve. Jim Rohn said; “service to many leads to greatness.”
“I never perfected an invention that I did not think about in terms of the service it might give others… I find out what the world needs, then I proceed to invent.”
~ Thomas A. Edison
Don’t be deceived that being an entrepreneur is all about making money. Although you will get money being it but that’s secondary. The first is being service-centred, helping people realize their true potential as an Entrepreneur.
10. Make a list of Role Models and Mentors and seek for opportunity to meet them
In 2012, alongside my new year resolution were included 10 great Motivational Speakers and Business consultants I wanted to listen to. These people were my role models and mentors. I created opportunity to meet with them and I was glad I did.
“We were young, but we had good advice and good ideas and lots of enthusiam.”
~ Bill Gate
If you must succeed as an Entrepreneur of distinction, you must have a Mentor and Role models who’re Practicing Entrepreneurs. It is on the platform of Mentors that we use to see farther. From their mistakes we learn.
11. Be innovative
“Innovation is the specific instrument of entrepreneurship. The act that endows resources with a capacity to create wealth.”
~ Peter Drucker
Innovation is what Steve Jobs of Apples Inc. used to supercede some other industries. For your business to function effectively as an entrepreneur you must not depend on the strength of your last invention.
Innovation and creativity must be made a daily routine. That alone helps to keep you and your business on the know. This is the secret some multinational companies in Nigeria my mentors consult for have used to outweight their conterparts.
With innovation you become the market leader.
“There is not a problem that’s large enough that innovation and entrepreneurship can’t solve.”
~ Naveen Jain
12. Give back to the society
We are meant to know from Psychology that we are products of our environment. No matter how we may argue it our environment has a vital role to play in our success or failure. If people around us have played their role, we need to play ours.
Almost all Entrepreneurs are Phillantropist so you also need to be one. Bless the world. I wish you the very best.
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