The Importance of Entrepreneurial Articles
In the article self-employment, in addition to many success stories to tell employers also provide several other important info. As for information on what type of entrepreneurship is becoming a trend in society, or also on some kind of entrepreneurship that will evolve in the foreseeable future.
On the other hand, in the article too much self-employment provides some overview of business was run by some employers. Here will be presented on the picture of the development of a variety of business sectors from a business standpoint. So that it can provide a more in-depth overview for those who want to enter the entrepreneurial world.
Entrepreneurial Perspective
Someone who wanted to get into the entrepreneurial world, courage is not enough capital and strong financial support alone. That both of these is one of the main capital in the entrepreneurial world, is true. But keep in mind also, that both of these are not the only thing that determines a person's success in the entrepreneurial world.
Because, besides those two things there are still some other factors that could be the deciding factor of success a person running their entrepreneurial activity. It is also often presented in the article about the true story about a person's success.
One figure who is often told to start a business from scratch is Bob Sadino. Figure who is known for his hobby shorts in a variety of events, the only success story started from six chicken eggs. Of the six chicken eggs which dijajakannya around from house to house, will later become the initial capital to establish successful business empire in Indonesia.
It quickly became evident, that financial support is not the main determinant of success in entrepreneurship process. There are still some other factors that could be a determinant of one's success in carrying out their entrepreneurial activities. And this is what it should be noted, that all people have the courage and willingness to become an entrepreneur. And not just maintain the old paradigm, to become an employee after they complete their education.
Some of the considerations that need to be performed by a person in choosing the type of entrepreneurs who will work at them are:
- Market Factors
Factor here is the market opportunity and market availability. Whether in the future, we run the business which can be accepted by the market or not. In addition, it should also be considered regarding how to market tastes similar products that already exists. So that we can mencipakan different products from existing products. Surely by making changes in the product so as to follow the tastes of the market in order to be accepted by consumers.
- Competition factor
In the article mentions many options entrepreneur entrepreneurial types that already exist in society. Thus, we will know what kind of entrepreneur who already has many competitors, and which are not many competitors.
An option that many businesses are competitors, usually have a higher risk of failure. However, business does not mean that inside is full of competition is not feasible to choose from. If we can provide the competence or excellence rather than a product created by a competitor, it is not impossible it is we who will be the winner in the process of business competition.
- Capital Factors
In carrying out an entrepreneurial activity, we must calculate carefully the financial problems. This is to determine the financial system to be selected, especially in the preparation of capital.
In this option, there are three types of capital that can be taken. The first is the capital comes entirely from private funds. The second option, capital comes from a combination of two or more parties. And third, capital comes entirely from outside parties.
To determine the choice of type of capital that will be selected, one of them by using risk analysis. The greater the risk of a business that will be run, then you should own the smaller the capital invested. Thus, we will minimize the level of risk that we will get.
Conversely, the smaller the chance of risk and greater profit opportunities, then the choice of capital is to use their own capital in larger portions. And if possible, the overall capital requirements to use private property. Thus, we do not have to share profits with other parties in the future.
- Factors of Production
Production factors are referred to here is all things relating to the component supporting entrepreneurial activities to be run. Among these are the raw materials, labor and also the fulfillment of its supporting equipment.
Many business activities are established by approaching the location of production factors. This is done in order to save production costs for the transport of factors of production to the place of business. However, this can only be done if all factors of production are at the same location.
Meanwhile, if the location factors are in different locations would be a challenge. For that there are two alternatives that can be done. The first alternative is to place the business location was in the midst of all the factors of production. The second alternative is to choose a business location in the most dominant factor of production, such as near the location of raw materials, labor or too close to the consumer.
Creative
One of the key in achieving success in the field of entrepreneurship is creativity. Without the high creativity, then someone will just be a washed up without ever able to be themselves.
Story of stories of successful entrepreneurs, always colored by their imagination that creates the creativity that never occurred to anyone else. As a result, they are able to create something new that eventually becomes a new trend in society.
Then how to create creativity? There are several ways you can do to bring creativity. The first is to broaden their horizons in looking at all the new things that are around us. Thus, we will get used to thinking about different things that have never existed before.
Besides the creative process can be extracted in a way to cultivate the courage to dare to embody all the ideas that exist in our brains. Without courage, all the ideas and brilliant ideas that may actually only be stored in our brains alone. And this is a classic problem that many entrepreneurs face us today.
Therefore, we need to cultivate the courage. do not be afraid of the comments of others who laugh at our ideas. But make it as a spirit of ridicule to prove that our ideas are not wrong.