Contest: The Future of the Entrepreneurship

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Hello everyone how is your day going, it's a great pleasure to be able to take part in this amazing contest organized by @yourloveguru with the theme "The Future of the Entrepreneurship".

•INTRODUCTION•

In my todays entry I will be writing about what entrepreneurs can do in other to become successful and some their possessing qualities which are needed in other to be able to run a successful business.

WHAT DO YOU THINK ARE THE MOST IMPORTANT QUALITIES THAT ENTREPRENEURS WILL NEED TO CULTIVATE IN ORDER TO SUCCEED IN THE FUTURE, AND WHY?

First of all before jumping into their qualities some of us may still be confused and may asked what do we mean by the word entrepreneur;

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So and entrepreneur is a person who sees the need in something and attend to that particular thing in other to set up and start his or her own business in other to be stable and successful.

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So now that we all know what is the meaning of an entrepreneur now let us look into some of the most important qualities which there as a business owner should possess in other to succeed

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QUALITIES OF A GOOD ENTREPRENEUR

•Discipline
•Honesty
•Reliable
•Passion and commitment

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DISCIPLINE

Every entrepreneur needs to be disciplined in other to be ready for the job and be able to understand the customers and mend towards their interest and needs.

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HONESTY

This is the act of being straightforward and morally upright, so as an entrepreneur you need to be straightforward and truthful in other to gain the trust of your potential customers.

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RELIABLE

As an entrepreneur once you are able to possess the threat of honesty in you you will automatically become a good reliable business man which everyone will want to do business with you.

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PASSION AND COMMITMENT

As an entrepreneur ones should have passion for what do ever the choose to do which is to say that Passion is very necessary because once you enjoy what you are doing you will be committed to it and you will enjoy every minute of it.

HOW DO YOU ENVISION NEW TECHNOLOGIES, SUCH AS BLOCKCHAIN AND AI, SHAPING THE FUTURE OF ENTREPRENEURSHIP, AND WHAT OPPORTUNITIES AND CHALLENGES WILL THEY BRING?

The introduction of advance technologies, Blockchain and AI (artificial intelligence) in the economic system for entrepreneurs is very important.

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Blockchain was introduced to us in the introduction of the first cryptocurrency ever which is called Bitcoin in 2008 but now there are so many types and kinds of cryptocurrencies in the blockchain.

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And today almost everyone, country and businesses are adopting it into their businesses, since the blockchain is more secure 🔐 and as we all know today a lot of fields are adopting it into their system in other to operate effectively.

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Blockchain as a whole helps in carrying out any amount of transactions in just a few click and it is left with no trace which is to say that nobody is monitoring your transactions on the blockchain.

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Since this technologies are new to us there are some little challenges which most of us face while trying to operate on it which are;

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•Ignorance
•Lack of patience
•Confusion
•Too much rules

HOW CAN ENTREPRENEURS TAKE ADVANTAGE OF EMERGING TRENDS, SUCH AS THE RISE OF REMOTE WORK AND THE GROWING GIG ECONOMY, TO BUILD SUCCESSFUL BUSINESSES?

In a growing and continuous rising economy today a lot of Entrepreneurs have been force to work so hard more than before towards it and follow the trend 📉 in other to be more productive so as to be able to survive the competitive world as we are now.

WAYS ENTREPRENEURSHIP WILL BE IMPACTED BY CHANGING ECONOMIC AND POLITICAL CONDITIONS

Entrepreneurs are very much affected by the continuous change in the economic and political condition of any nation, this is because in a poor economy the price of goods will not be the same rather it will be more expensive.

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And in an unstable political condition like in my country Nigeria in which all the focus of the government is on political power has forces the country to suffer from Deflation and alot of businesses has closed down because of the low amount of money in circulation all through the nation

HOW CAN ENTREPRENEURS USE STEEMIT TO SHOWCASE THEIR SKILLS AND EXPERTISE

How I think entrepreneurs can show case their skills on the steemit platform is by publishing content base on their skills and area of specialty and specification, trying as much as possible to publish it in as many communities as possible.

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In other to draw more attention of the readers and also spare out enough time to communicate with the readers through the comments section by answering questions and taking corrections from other experts.

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That's the end of my post and I will like to invite @edidiongeffiong @ngoenyi @esusaviour @steemdoctor01 @sofian88 @five5 and @kodua to participate in this contest

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Written by
@radleking®