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My Entrepreneurial Journey and some tips

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My Entrepreneurial Journey and some tips
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  • Hi Alexa!
  • Oh sure! to get started, you need to learn the different entrepreneurial competencies
  • So, I was thinking of becoming an entrepreneur, can you help me what to do?
  • oh, Hi James!
  • Sure!
  • Let's talk this out in the living room shall we?
  • Okay first, Leadership.Leadership acts as a distinct area for both Research an Practice. It raises many questions about the personal competencies of Entrepreneurial leaders that enable them to successfully lead entrepreneurial endeavors.
  • Okay, I'm listening...
  • Second,Motivation.Motivation is regarded as the inner state that energizes activities and directs or channels behavior towards the goal. It can also be seen as a process that arouses action, sustains the activity in progress and that regulates the pattern of activity. Motivation is not a gift of heredity but are the outcome of the individual's interaction with others or the society.
  • Good, but I need to work on my motivational skills too.
  • Ooof, I don't know if I can take the risk...
  • Third, Risk Taking.Entrepreneurship means risk. Risk can be defined as possibility of failure or loss or other adverse consequences in pursuing some activity or venture. Risk bearing and entrepreneurship are inseparable from each other. Risk-taking behavior is not inborn.
  • Fourth, finally. Decision Taking.Decision Making is all about employing one’s mental processes to come up with a final choice after careful consideration of several options or alternatives. The outcome of your decision could significantly affect your work, your business, and even your life. Effective and successful decisions make profit to the company and unsuccessful ones make losses.
  • Thanks Alexa! that was very helpful.
  • Glad I could help! hehe.
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