Start a Business! When it’s Time to Stop Procrastinating

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Every person hates his boss or his job, It is a fact that no one wants to go to the office on Monday morning. Research shows that 8 out of 10 people are not happy with their jobs or their boss.

Are you one of them? If yes then this article is for you my friend. In this article, I will tell you all about to being your own boss. Every people in his life think about to become a boss of his own company or wants to do business, In India, 95% of teens want to do business or become an entrepreneur after their 12th. Even I’m also want to become an entrepreneur after my 12th.

Now the friend asks yourself, are you want to become an entrepreneur? Are you want to do something for you? Are you want to become a CEO of your own company or business?. If you are a little bit confused about to start a new venture or you think is it the right time to start a new venture then I will tell you some interesting things about to become an entrepreneur.

Who is an entrepreneur?

An entrepreneur is a person who takes initiative to start a business and manage all the resources like a man, machine, material, money etc which is necessary to start a business.

Merits of becoming an entrepreneur?

In this article, I am covering some interesting merits to becoming an entrepreneur which are as follows –

1- Freedom- The first advantage of becoming an entrepreneur is, you have freedom for doing your task in own way, you have the freedom to work whenever you want. Being an entrepreneur you also have a freedom to set your own goals.

2- Unlimited earning- The second advantage of being an entrepreneur is you do not have to wait for your salary or your increment, after becoming your own boss you have a chance to earn more and more.

3- Flexibility- The third advantage of being an entrepreneur is you don’t have to wait for your leave approval, you are your own boss and you have flexibility regarding your work it means you can give your time to your family.

4- You love your work- The fourth and most important advantage of being an entrepreneur is you love your work because you are working for your own goals and your own growth.

 

Personality traits for becoming an entrepreneur

 

1- Risk taking- A successful entrepreneur is never afraid of taking a risk in his business because  it is a fact that risk = profit or loss. So, we can say that for becoming an entrepreneur you should have some courage to take the risk.

2- Management skills- A successful entrepreneur is always a good manager, if you think that you can manage things is a proper way then you can be a good entrepreneur because in business you have to manage man, money, machine etc.

3- Market and product knowledge- A successful entrepreneur always has full knowledge about his product and market. If you want to start a business then you should know about your market which you are targeting and you should have full knowledge about your product which you serve your customers. You also have technical knowledge like about bookkeeping software.

4- Passionate about work- A successful entrepreneur is always passionate about his work because if you are not passionate about your work then you can not survive long in this cut-throat competition.

 

Things you need to start your business

1- Attractive business plan-  A business plan is a blueprint of your business idea, You should have an attractive business plan which can attract investors and creditors to invest money in your business.

 

2- Capital- For starting any business you should have proper finance or capital, which helps you to survive your business in an early stage. If you do not have capital then you should have a financial plan.

3- Support network of people- You can not do everything solely, you need people who support you like your family and your team who will work with you in your business. You should have a strong and passionate team like you who helps you to achieve your goal.

4- Workplace and tools- You should have a workplace where you start your business or office and you should have a machine or tools which are needed to do your business. For example, if you are going to start an accounting firm you should have an office and online accounting software which helps you to run your accounting firm.

So, guys, this is all about starting your own business, if you want to become your own boss and have personality traits like a successful entrepreneur and things which are needed to start your own venture then you can go for it. I think now your confusion is clear and I hope this article is helpful for you, if you like it then please hit the like button and if you have any interesting things which you want to share then please tell me in the comment section and don’t forget to share this awesome article with your friends.