Sunday, February 10, 2008

Entrepreneurship and the Business World
Copyright © Paul Zemella
http://www.HugeIncomeFlow.com

More and more people, young and old alike, are claiming the vocation of entrepreneurship. But what is entrepreneurship exactly? It is actually defined as the process wherein a group or an individual makes an effort to pursue opportunities to satisfy needs and wants through uniqueness and innovation. Some people have the misconception that entrepreneurs are gamblers, in the sense that they take risks and invest in industries that have no previous record of success. However, the truth is, these entrepreneurs are creative, visionary and possess a sense and an awareness of the need for change, and possibly most importantly they are willing to take calculated risks that have the potential to provide them with huge returns. This last quality is one that most people don't possess; this is what sets and entrepreneur apart from the average. Most people settle for complacency, security and exist in their conservative, protected world.

The key factors you need to remember about entrepreneurship are a constant alertness for new opportunities, fresh innovative ideas or products, and a vision for growth. An entrepreneur sees opportunities in environmental and social trends that are unique and unchartered and pursues these opportunities with whatever resources are at hand. The second theme in entrepreneurship is innovation, which involves transforming and revolutionizing existing products or services to keep pace with the changing global environment. The third theme is growth; this involves the continual efforts of an entrepreneur to expand his business locally and internationally, the Internet has made global influence a practical and viable reality to expansion of business. An entrepreneur is constantly alert to create new approaches to make his business grow and become a enormous success.

These themes are the key factors which businesses, both traditional as well as home- based, are founded upon. Most of today’s largest corporations did not start out big, rather they started out as small enterprises by visionaries who wanted more than what is offered to them. You can see from the history of some of the most successful business today that the founders of these businesses have taken great leaps of faith and incredible amounts of risks in order to be what they are today. Wherever you turn, you see the results of entrepreneurship. But it seems most obvious in Internet commerce, because it is such a new industry. There are countless stories of apparently average people becoming some of the richest and famous names in the world, and it is all because they have taken risks and have succeeded.

So, whether we realize it or not, it is the entrepreneurs who drive today’s global environment. They are the ones who are always seeking out opportunities and taking risks to improve our world, and in return profit from it. The massive growth of the business environment, as well as amazing technological advancements that are available today would not have been possible if these entrepreneurs didn't break free of their comfort zone to invest in the development of these businesses.

As you can see, having the entrepreneurial spirit is definitely necessary for businesses to reach greater heights and provide better and faster products and services to their clients. It is no wonder then that most business enterprises are hiring young and dynamic individuals with a vision and who are not afraid to take calculated risks to ensure the survival and continued growth of the tomorrow's business. Do you have what it takes?
For your Health AND Wealth,
Dr. Paul

Dr. Paul Zemella
Chiropractor
Santa Barbara, CA

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