I am actually awed by the rate at which many individuals
especially the youths are embracing the concept of entrepreneurship. This has
actually been boosted by the technological advancement and the consistent
rising of different needs. This has in turn prompted initiation of new and
amazing ideas that have not only transformed the entire universe but has also
made such upcoming entrepreneurs multi-dollar millionaires and billionaires
within a relatively short span of time.
It is such a pity when I see a large number of vibrant youth
still jobless yet they can tap into the potential promising field of entrepreneurship.
What is required is to just critically think and innovatively come up with
something that can bring an impact into the society.
When I look at the case of Steve Jobs, he is regarded as the
master of digital universe. He actually changed the perception of our thinking
when he invented Apple. He used his ingenious ideas to bring change into the
digital world through his innovation, assisted with a formidable team that
ensured such vision became a reality. The company has shown consistent
tremendous growth in terms of profits, revenues and market capitalization.
What I’ve come to realize is that, as an upcoming
entrepreneur you can contemplate on how you can develop a much affordable
version of a certain product. This is because a larger part of the population
may be facing hardship and thus by identifying an alternative opportunity to
avail the product to them at a cheaper price can absolutely work well.
I critically noticed that the founder, the president and the
CEO of FUBU, Daymond John who is currently on the Shark Tank TV series started
his business empire by simply availing products to customers at a cheaper
price. He had noticed an overpricing of wool hats and decided to sell them at
twice lower price.Apparently that was the beginning of his entrepreneurial
journey.
As an upcoming entrepreneur, I think it would be good to
identify a particular niche in which your business idea will be accepted and
pay off in the future. Scrutinize each situation and come up clearly with what
you want to venture into and don’t forget to conduct a preliminary research by
getting ideas from people around the vicinity or even your colleagues.
This has worked to many entrepreneurs like Bill Gates, the
founder of Microsoft Inc,Mark Zuckerberg, the co-founder of Facebook, Larry
Page who co-founded Google with Sergy Brin.
It can as well work out for you. Indeed, with a clear, systematic and
well stipulated steps and procedure, I believe your idea which seems to be
worthless can turn you into Steve Jobs of our era. All you just need is to
engage your mind into thinking and make the idea a reality.
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