HOW TO BE A PERFECT ENTREPRENEUR

Who is an ENTREPRENEUR ?
An entrepreneur is one who goes into business to make profits . An entrepreneur is one who's role is to seize the opportunities to make a profit from a new product and takes the risk to bring together requisite raw materials , man power and capital.
Thus, it is the entrepreneur who owns and controls a business.

QUALITIES OF A GOOD ENTREPRENEUR

∆. VISION : The entrepreneur should be able to look into the future. This will enable him examine present conditions such as the drop down of the cryptocurrencies and be a little or able to predict the future.
An entrepreneur who has a vision will be able to foresee future problems and put mechanisms in place to avoid their effects on his business.
The entrepreneur must feel and see beyond what is happening now and within his business and be able to guess what and how his business will look like in the future and if there are mistakes, he gets them corrected first .

∆. DRIVE : This is the passion with which a person tackles a job. The entrepreneur must be someone who handles his business issues with passion . He is serious with issues concerning his business. This ensures the success and the sustainability of the business.

∆. GOOD SENSE OF JUDGMENT : The entrepreneur must have a good sense of judgment . Thus, he should be able to look at issues and draw conclusions impartially. This enables him to judge people and situations without making mistakes. This means, the entrepreneur must think scientifically . He must do good researches and analysis .
example Bitcoin has fallen from it's highest peak to a point that almost mean nothing. The falling of the cryptocurrency from its peak to the lowest point don't mean it will fall and let you get nothing or it will worth nothing. You must actually cast back and do research on bitcoin, how it started and its price from the beginning and other necessary informations about it.

∆. COURAGE : An entrepreneur must be courageous in order to be able to act on conditions drown from his observations.
My point is always the Bitcoin chart. Based on the observations made from 2017 to 2018 , we've seen a ton of changes but as a courageous entrepreneur, you can get courage to hold your thoughts together in this situation. The entrepreneur must be confidence in himself, this will enable him venture into new areas and will be scared by the possibilities of failure. With the courage that he have, he can make a move to buy i.e a taxi to make more business whether good or bad.
IN BUSINESS, THERE IS A SAYING, THE HIGHER THE RISK, THE HIGHER THE RETURNS

∆. KNOWLEDGE AND SKILLS : Actually, the entrepreneur should be knowledgeable and skillful . Having the requisite skills and knowledge in the business he is doing will help him to utilize resources properly.
Thus, there will be efficiency and consequently increased productivity.

∆. INSIGHT : The entrepreneur must be someone who has a good insight. Simply, he should be creative and imaginative. This will help him find quick solutions to problems. People can sit and think far and create somethings that never existed that will actually help solve some difficulties with the ecosystem

Having insight enables him to introduce innovations into his business ROLES OF ENTREPRENEUR

1 . He takes important decisions : Decision making involves a choice from many options. What to produce, when to produce and how to produce the commodities are all determined by the entrepreneur.
When one makes a decision to be a crypto trader, he must decide how and when to buy or sell btc.
In some occasions, btc falls and selling it become a less issue but buying btc at its lowest point is very advisable.
Because when the price raises back to its peak, you can get enough btc which are worth more if you had sold them.

2 . Risk bearer: In events of stealing and collapse of the business, he suffers alone.
Risk bearer only calls for someone who is courageous.

3 . Combination of factors of productions : He provides all raw materials that are needed as in Bitcoin wallet , source of income and other factors of production.
The entrepreneur combines all the factors of production in order to produce quality products so that he can maximize profit at minimum cost .
Simply, he combines labour, capital and savings wallets in order to call for profits.

4 . Management Control : An entrepreneur actually formulates policies or programs and makes sure that, they are implemented.
In the process, deviations and mistakes may occur and this takes the entrepreneur to correct them so that stated objectives will be achieved.

My view on A GOOD ENTREPRENEUR AND HOW TO BE .

Anyway, thank you for reading and stay green for new updates on how to start a good business and excel.

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This is an original research and analysis done by @showboybeezy
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