THE ESSENCE OF ENTREPRENEURSHIP

 

 

The entrepreneurial spirit is a gift that inspires others to become the best they can be. Entrepreneurship is the act of starting a business, and it requires creativity, drive, and the ability to solve problems. 

An entrepreneur takes a risk and works hard to make money. There are many types of entrepreneurs. Some start businesses from scratch, and others buy already-established companies. Some entrepreneurs work alone, while others need employees to help them run their businesses. 

The word “entrepreneur” comes from the French word “entreprendre,” which means to start or undertake a business venture. Although it can be a lot of work, entrepreneurship is rewarding and very fulfilling. The essence of entrepreneurship is having a dream and a vision for changing the world, being willing to take risks, and sometimes being misunderstood. 

Also, be willing to put in the work, put in more than those around you, and be ready to be the one who is not afraid of the darkness but rather the one who steps into it first. Entrepreneurship is more than just having a great idea and starting a business; it’s about changing lives and improving our world.

 

 

From passion and positivity to leadership and ambition, here are the entrepreneurs that best define the entrepreneurial spirit.

Armour Of Entrepreneur – Main Features

Passion

No one embodies the word "passion" quite like Richard Branson, founder of the Virgin mega-brand. Part of Branson's passion lies in his insatiable appetite for starting companies. Founded in 1970, the Virgin Group has expanded to more than 200 companies, ranging from music, publishing, mobile phones, and even space travel. "Businesses are like buses," he once said. "There's always another one coming."

Positivity

Jeff Bezos knows the power of positive thinking. Living by the motto that "every challenge is an opportunity," Bezos set out to create the biggest bookstore in the world with a little internet startup called Amazon.

Adaptability

Having the ability to adapt is one of the greatest strengths an entrepreneur can have. Every successful business owner must be willing to improve, refine and customize their services to continually give customers what they want.

Leadership

A good leader is someone with charisma, a sense of ethics, and a desire to build integrity within an organization–someone who's enthusiastic, team-oriented, and a great teacher. All of these attributes were embodied by the late Mary Kay Ash, founder of Mary Kay Cosmetics, a company that has helped more than half a million women fulfill their dreams of owning a business.

Ambition

At age 20, Debbi Fields didn't have much. She was a young housewife with no business experience, but what she did have was a great chocolate chip cookie recipe and a dream to share it with the world. 

Fields opened her first Mrs. Field's store1977, despite being told she was crazy to believe a business could survive solely on selling cookies. Fields' headstrong determination and ambition helped her grow her little cookie store into a $450 million company with more than 600 locations in the U.S. and 10 foreign nations.

 

Once More – The Main FIVE

– Passion, Positivity, Adaptability, Leadership, Ambition

Most of it you cannot learn from books. It is in your character, in your experience, and in your life journey. 

You hear it all the time from famous entrepreneurs: Long before they were running multimillion-dollar companies, they were flexing their entrepreneurial skills by selling lemonade on the corner, building gadgets in their garage, or hosting weekly college beer pong tournaments. It seems that behind every successful mogul is a kid who grew up knowing they were born for business.

 

If you notice where those who represent some of the most successful entrepreneurs come from, much of the world is missing out. In many countries, private business was interrupted by political developments – it was sometimes very limited, often totally prohibited. In some parts of the world, it was not possible for teenagers to sell products house-to-house or set up their first small business in a garage.

Those who spent their youth in countries with limited opportunities now have to catch up with many. Sometimes it's like jumping on a moving train and not knowing where the train is going. And that's why people from these countries, without business tradition or continuity, need something extra. A good dose of :

 

• Courage 
• Enthusiasm
• Self-confidence
• Persistence
• Support of their loved ones

While they often lack the money for investment to have a good start, if they have true entrepreneurial courage in their hearts and can mobilize their energy, then with a little luck, they have a chance of success.