CONCEPTS
A person who creates unique ideas that will be useful for starting a business
Entrepreneur
Defining characteristics that make a business or an individual stand out from the competition
CORE competencies
After planning, the entrepreneur will start to open his business using the capital he has
Start to be on your own
A written description of the business that you will establish in the future
Business plan
An entrepreneur who knows what is good and right. Do what is best for everyone and do not act without thinking
Integrity
The entrepreneur considers the business as a mission. For these people, there is passion than drive
Missionary
Evaluate the business plan using knowledge in SWOT analysis
Explore the business environment
Planning means anticipating what is to come and plotting most effective course of action in response, reviewing the plan often and editing it as necessary to learn the business foremost
Followed through
Review outcome projects in order to understand where problem occured. Check the impact of the proposed solution to both customers and employees
Conceptual Thinking
Entrepreneurs should always set their goals to attain success
Goal- driven
Be responsible for controlling not only all transactions but also people management
Be in control
First step to identify the needs of the customers
Gather raw data
The entrepreneur keeps up to date with developments in the sector, seeks out best practice and identifies and seizes opportunities that are not obvious to others
Commercial aptitude
Most successful entrepreneurs start small and think big
Start small to big
Hire an accountant or financial adviser who may help in transactions related to funds or money
Have a good accountant or financial adviser
Third step in identifying customer needs
Organizing data
A good entrepreneur what his or her customer needs in order to satisfy them and have a long term relationship
Customer Relations Service
Entrepreneurs design the product, set its price, distribute the product to the market and promote the product
Marketing man
Seek advice from professionals to help prepare necessary documents like business permits, trade name registration sanitary permits, etc.
Seek the advice of professional
Last step in identifying customer needs
Reflect the process