How to develop a winning attitude - Part Two

Believe you can!

Starting out in business is hard work. There will be times when you feel like throwing in the towel and settling for something less demanding. If these thoughts too easily enter your mind, it is possible that you are just not suited to being an entrepreneur. Those who are truly destined to become successful, respected entrepreneurs are those that are able to weather the storms that will surely come your way as you look to make your mark. The important thing is to never dwell on the negative, but rather identify what it was you learnt from this setback. There is no successful person alive today who did not at one time or another face adversity. It is how you deal with this adversity which will ultimately determine your future successes, and it is when people see you get back on your feet after a fall that they truly begin to respect you and take you seriously.

How to become an Adventurous Entrepreneurs - Part Two

How to become an Adventurous Entrepreneurs - Part Two

To be adventurous is willing to take risks or try out new methods, ideas, or experiences.  Entrepreneurship is about ideas, lots and lots of them. But it's about putting those ideas into action that matter. So, what ideas do you have as you embark on your entrepreneurial adventure?

Like any activity you pursue, there are certain musts that are required to be successful in a chosen activity. To legally operate a vehicle on public roadways, one must have a driver's license; to excel in sports, one must train and practice; to retire comfortably, one must become an informed investor and actively invest for retirement. If your goal is success in business, then the formula is no different. There are certain character traits that have to be fully developed, implemented and managed for your business to succeed. One of them is ''Adventure''!

Let's have an example: When you have a problem that needs to be solved, do you seek just anyone's advice or do you seek an expert in the field to help solve your particular problem? Obviously, you want the most accurate information and assistance that you can get. You naturally seek an expert to help solve your problem. You call a plumber when the hot water tank leaks, a real estate agent when it's time to sell your home or a dentist when you have a toothache. Therefore, it is clear that being an adventurous entrepreneur is another style of prospecting for new business, just in reverse.

The Secret to becoming adventurous entrepreneur is to get involved. Always go out of your way to get involved in the community that supports your business. You can do this in many ways, such as pitching in to help local charities or the food bank, becoming involved in organizing community events, and getting involved in local politics. You can join associations and clubs that concentrate on programs and policies designed to improve the local community. It's a fact that people like to do business with people they know, like and respect, and with people who do things to help them as members of the community.

How to become an Adventurous Entrepreneur-Part one

How to become an adventurous Entrepreneur - Part one

Entrepreneurs do not only differ from the products and services their offer but also in their character traits. A business is simply an idea to make other people’s lives better. Entrepreneurship is about turning what excites you in life into capital, so that you can do more of it and move forward with it. To become an adventurous entrepreneur requires to be a good leader and bring out the best in people by listening to them, trusting in them, believing in them, respecting them and letting them have a go! Thus, what it takes to be an adventurous entrepreneur is to create an engaged, motivated, and committed workforce to deliver a first-class product or service and build a successful, sustainable enterprise.

Three Things to Know about Disruptive Innovation

Three Things to Know about Disruptive  Innovation.

In today's fast changing world of business, the term ''Innovation'' is largely  being used. In this article, you are going to discover  Three Things about  Disruptive Innovation.  Innovation is defined as the creation of a new way of doing something, whether the enterprise is concrete (e.g., the development of a new product) or abstract (e.g., the development of a new philosophy or theoretical approach to a problem). 

Innovation plays a key role in the development of sustainable methods of both production and living because in both cases it may be necessary to create alternatives to conventional ways of doing things that were developed before environmental consideration was central to most people’s framework for making decisions.

The following are Three Things you need to Know about Disruptive Innovation.

# Disruptive Innovation as a process

 For instance, an organization may innovate in the way it operates or delivers services, resulting in greater efficiency, fewer errors, faster speed of production, and so on.

 #Disruptive Innovation requires resources. It does not just happen! 

In general, scholars have noted that the best model for producing useful knowledge about the empirical world (i.e., knowledge based on observation and experimentation rather than theory or belief) is to foster the work of many relatively autonomous specialists whose work is judged by its merits rather than its conformity to pre-existing beliefs or traditional ways of doing things.

# Disruptive Innovation improves a product or service in ways that disrupt an existing market

American economist and professor Clayton M. Christensen coined the term disruptive technology (later disruptive innovation) to describe innovations that improve a product or service in ways that disrupt an existing market (as opposed to a “sustaining innovation,” which improves an existing product and reinforces the position of leading manufacturers in the field). The disruptive innovation often has characteristics that the traditional customer base does not care about, and may even be inferior compared to existing products, but will appeal to a different set of customers with different priorities. The innovation is “disruptive” not to the consumer (who, at least at first, has the choice to buy either the existing or innovative product) but to businesses that may be doing a good job supplying an existing product and yet see their market disappear as the new technology becomes widespread.

Discover Three Keys to Unlock your Entrepreneurial Talents by Startoday Ltd

Discover Three Keys to Unlock your Entrepreneurial Talents by Startoday Ltd

A Talent is defined as a natural aptitude or skill that enables someone to make a difference. It is largely believed that everyone has talents. Entrepreneur is a person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk. There is a clear positive relationship between entrepreneurial talents and business creation and success. Business-building talent affects behaviors that in turn influence entrepreneurial outcomes.

In this article you are going to discover 3 Keys to Unlock your Entrepreneurial Talents.

#Key1: Motivation

The difference in human behavior is explained by their motivation.Highly successful entrepreneurs or business leaders are motivated individuals. Internal and external factors that stimulate desire and energy in people to be continually interested and committed to a job, role or subject, or to make an effort to attain a goal. Motivation results from the interaction of both conscious and unconscious factors such as the (1) intensity of desire or need, (2)incentive or reward value of the goal, and (3) expectations of the individual  and of his or her peers. These factors are the reasons one has for behaving a certain way. An example is a student that spends extra time studying for a test because he or she wants a better grade in the class. Your level of motivation will determine your level of success!

#Key 2: Teamwork

Working with others will unlock your entrepreneurial talents. The process of working collaboratively with a group of people in order to achieve a goal. Teamwork is often a crucial part of a business, as it is often necessary for colleagues to work well together, trying their best in any circumstance. Teamwork means that people will try to cooperate, using their individual skills and providing constructive feedback, despite any personal conflict between individual.

#Key 3: Exercises

If you engage in physical activity to sustain or improve health and fitness and other activities carried out for a specific purpose, you will increase your chance to unlock your entrepreneurial talents. A well-balanced exercise program can improve general health, build endurance, and slow many of the effects of aging. The benefits of exercise not only improve physical health, but also enhance emotional well-being. Studies have shown that a consistent, guided exercise program benefits almost everyone from Gulf War veterans coping with fatigue, distress, cognitive problems, and mental health functioning to patients awaiting heart transplants.