ENTREPRENEURSHIP
Who is
an entrepreneur?
An entrepreneur
is a person with entrepreneurial skills. They are leaders with a vision of what
they can do to improve their potential customer’s lives and make customers want
to purchase their products or services. They work in the future and see
opportunities before they materialize. Examples of entrepreneurial skills
include the following:
1.
You
are able to see the big picture (have vision)
2.
You
are highly self-motivated
3.
You
think often of ways to improve things
4.
You
get excited talking to people about your ideas.
Who is a Manager?
People with
managerial skills are generally good at creating order and managing resources,
time, information, and priorities. They are also generally skilled in tracking
income and expenses and making decisions based on that information. In this way,
they study the past to manage their present and future business activities.
Examples of managerial skills include the following:
·
You
organize chaos into order.
·
You
have good time-management and planning skills.
·
You
like to know where every penny has gone.
·
You
have good decision-making skills.
Who is a Technicians?
People with technical
skills have abilities or expertise in a particular area to produce products or
services that others will buy from them. People with technical skills work in
the present and use and refine their skills and areas of expertise regularly.
Examples of technical skills include the following:
·
You
know how to cut hair
·
You
bake delicious pies and pastries
·
You
are good at talking to people
·
You
have successfully raised chickens. (Poultry Farming)
·
You
know how to network computers together
·
You
can repair cars and other motorized vehicles.
·
You
are skilled at creating presentations.
·
You
have good accounting skills e.g Budgeting
A business
owner may range from managing a small business to mega business and to multi
businesses. Over time one should understand that starting small is the key and
having a standard business plan is the foundation of every successful
businesses.
Are you an entrepreneur, a manager, or a technician?
Most small-business
owners may need to fill multiple roles. Many people are not skilled
entrepreneurs when they first start a business—they are technicians. That is,
they know how to do something but are generally not trained in managing a
business or in understanding all dimensions of self-employment. Note that you
will need more than a skill or trade to become successful at starting and
maintaining your small business.
As a rule to
become successful entrepreneur you need to have all the qualities of a manager
and a technicians. In a nut-shell:
·
All
entrepreneur are managers and technicians.
·
All
managers are entrepreneur and technicians.
·
And
all technicians are managers and entrepreneurs.
