Minor Business
The literature combines evidence of empirical and anecdotal origin as well as incorporating basic knowledge issues with which the successful entrepreneur must be familiar, including the importance of planning, setting goals, producing an accurate and useable business plan and finding funding for the new venture. Some entrepreneurs make millions; most do not. The entrepreneur can count on long hours, hard work and the satisfaction of achievement. Everyone wants to prosper, but those who need the stability and surety of a paycheck likely would be better off continuing to draw them.What does it take to be an entrepreneur? What are the characteristics of entrepreneurs? What skills are needed and how are they applied? Today's business climate is more competitive than ever, and is a factor today's entrepreneur has to closely consider as in no other period. Small business is responsible for more than two-thirds of the jobs in this country, and as the big corporations continue to streamline their operations and shift from a purely national to a global focus, the economic contribution of the entrepreneur is expected only to increase in coming years. There are nearly as many different types of entrepreneurs as there are ideas around which to form a business, but there are traits that are common among the most successful. Business has changed in recent years, too, as have options for funding. There is increased focus on electronic commerce and data transmission, and venture capital is a relatively new means of funding a business. But even with all the changes in how many aspects of business building is accomplished, the standards of focus, dedication and creativity remain. There are far more considerations to starting a business than simply giving into the desire to "be your own boss." Rarely does an entrepreneur have no accountability to another person or business entity. The overriding considerations should be that the entrepreneur have the physical and technical ability to...
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