Certain traits make wannabe entrepreneurs make it or fail to make it in this industry. Most successful entrepreneurs have unwritten rules that govern their art by Adrián José Velasquez Figueroa.
1. Be the originator
Doing what others are doing makes you just a business person. There is no joy or pain of making something. To make something, you must be the originator. Most entrepreneurs pride themselves to have seen the future in their eyes, and they purposed to create it. But this is mostly a cliché. Entrepreneurship is about being the first to make something. You may be the first to see and notice an opportunity on adrianjosevelasquezfigueroa.com, but if you are not the first to make a good service or product, the idea is no longer yours. Some people create substandard products leaving room for other to be first in making the idea right
2. Be flexible and mobile
You will not always be there for the firm. If you are everything, your absence means the absence of your creation. If you go on holiday, your customers must go on vacation too. That is not good for business, make it possible for someone to take charge.
3. Network and get a partner
It is not easy to go it alone. Getting a perfect match for a partner can go a long way. Do your research well, lest you get an incompatible partner.
4. You must be good or else supplement it with kick-ass confidence
Entrepreneurship is not a walk in the park. You must be good at what you are attempting. If you are not, get a partner who knows things.
5. Go all the way: no short cuts
Taking shortcuts limits your chances of learning and improving. Go all the way.
6. Never break the bank with costs
Every dime at startup stage is significant. Scale your costs down. Be frugal in all your expenditures.
7. Anticipate failure
Unless you expect failure, you will never plan on how you will handle it. Know that 90% of startups fail. Prepare for such inevitability.
8. Never stop learning
Entrepreneurship is a learning process according to Adrián José Velasquez Figueroa. At every stage, you will learn more and more about the opportunity, the market, the product, and the business challenges. Make sure you learn one lesson helps you go an extra mile.
Adrián José Velasquez Figueroa is an entrepreneur. He has been an entrepreneur with varied business interests in Panama and Venezuela. He is attended school in New York City and no until he ventured into Panama entrepreneurship circles, he remained there. Adrián José Velasquez Figueroa’s enterprise works date back to 2009. He has been a very successful entrepreneur.
Learn more about Adrián José Velasquez Figueroa: https://es-la.facebook.com/virgilio.velasquez.52