How persistent innovation creates radically successful businesses.
Hello, dear friends
Here, I am starting several series of own business and how to invest money in business. One of them is how to startup own empire.
We live in the 21st century. Everything change dramatically, even business formula and rules nowadays. Old formula and rules will not work 100%, So you need to know all 21st-century business rules, Tips, and tactics to be a good businessman.
I read lots of books on startups and business, Such as THE LEAN STARTUP By Eric Ries, ZERO TO ONE By Peter Thiel, THE 7 DAY STARTUP:YOU DON'T LEARN UNTIL YOU LAUNCH By Dan Norris, CHANGE BY DESIGN By Tim Brown, THE HARD THING ABOUT HARD THING By Ben Horowitz, THE INVESTORS DILEMMA By Clayton m. Christensen, STEVE JOBS By Walter Isaacson, GOOD TO GREAT by James C. Collins, HOW TO WIN FRIENDS AND INFLUENCE PEOPLE By Dale Carnegie.
Here, I will summaries all things in one series and this is the first part or article of the how to startup own empire.
Let's begin, We hear the mantra of the successful entrepreneurs in magazines, newspapers, in blockbuster movies and countless blogs.
But, What is the exact meaning of entrepreneurship?
You all have read various definitions of this topics. Here, Some definition of entrepreneurship given by famous businessmen.
⦁ "Entrepreneurship is the mindset that allows you to see opportunity everywhere. It could be a business idea, but it could also be seeing the possibilities in the people that can help you grow that business. This ability to see many options in every situation is critically important; there will be unending challenges that will test your hustle." – Preeti Sriratana, co-founder, and COO of Sweeten
⦁ "Entrepreneurship is seeing an opportunity and gathering the resources to turn a possibility into a reality. It represents the freedom to envision something new and to make it happen. It includes risk, but it also includes the reward of creating a legacy." – Maia Haag, co-founder, and president of I See Me! Personalized Books and Gifts
⦁ "Entrepreneurship is the ability to recognize the bigger picture, find where there's an opportunity to make someone's life better, design hypotheses around these opportunities, and continually test your assumptions. It's experimentation: Some experiments will work; many others will fail. It is not big exits, huge net worth or living a life of glamour. It's hard work and persistence to leave the world a better place once your time here is done." – Konrad Billetz, co-founder, and co-CEO of Offset Solar
⦁ “Someone who can define the business they want to create, see where it is going, and do the work to get there.”-Mark Cuban – Owner of Dallas Mavericks, Blogger, Shark Tank Investor
⦁ “To me, an entrepreneur is someone who mixes passion, innovation, and drives to turn a vision into a working business.”-Jeet Banerjee – Founder of Statfuse.com, Blogger
⦁ “To me, an entrepreneur is someone who mixes passion, innovation, and drives to turn a vision into a working business.”-Jeet Banerjee – Founder of Statfuse.com, Blogger
Startup success can be following the right process, which means it can be learned and taught.
Why startup fail
I am explaining first about failure because of you aware about it and make sure you know about which things are eliminated at the beginning of the series.
Why are startup failing so badly?
- the first and foremost reason is the allure of a good plan, a solid strategy, and market research.
2)the second problems " JUST DO IT" thinking. Some entrepreneurs and investors believe that "JUST DO IT" school of startups.this does not work.
It was just an overview of basic information about entrepreneurship. I hope you will like it and I will explain another things in the next part or article.
Please, Drop your comment on comment box about startup and investment.
*Thank you*.