#T Inst 475
After reading the guidebook I feel like chances of getting success as an entrepreneur is quite low because to be successful you need to face many obstacles. If one gets a really good idea eventually it will be hard to implement it because then you need to to think about what kind of team you want to help you grow your business and also you need to find investors that find your idea creative. Creativity plays a big role for entrepreneurship because if ones idea is innovative and does something that our community is lacking then and only then it may work. First of all one has to think about a strong team that can handle well and work well together. So management is really important. Then I feel another obstacle is money because in order to succeed one needs some kind of push to grow the business and that push is called money. Money is important because in order to succeed you need to get all the equipments to start the work. So looking for investors won't be that easy if you don't have many connections, but these days its not hard to make connections because we have sites like LinkedIn. Also, in order to find investors and to assure them one needs to have socializing skills because if you can't explain clearly to your investor they probably won't want to invest in your company.
To conclude, entrepreneurship isn't easy to do but in order to succeed in it one needs confidence and needs to be focused/determined.
After reading the guidebook I feel like chances of getting success as an entrepreneur is quite low because to be successful you need to face many obstacles. If one gets a really good idea eventually it will be hard to implement it because then you need to to think about what kind of team you want to help you grow your business and also you need to find investors that find your idea creative. Creativity plays a big role for entrepreneurship because if ones idea is innovative and does something that our community is lacking then and only then it may work. First of all one has to think about a strong team that can handle well and work well together. So management is really important. Then I feel another obstacle is money because in order to succeed one needs some kind of push to grow the business and that push is called money. Money is important because in order to succeed you need to get all the equipments to start the work. So looking for investors won't be that easy if you don't have many connections, but these days its not hard to make connections because we have sites like LinkedIn. Also, in order to find investors and to assure them one needs to have socializing skills because if you can't explain clearly to your investor they probably won't want to invest in your company.
To conclude, entrepreneurship isn't easy to do but in order to succeed in it one needs confidence and needs to be focused/determined.
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