Entrepreneurship is more than starting a business, it’s a lifestyle characterized by learning and opportunity
The start of a new year is seen as an opportunity for new beginnings. And for those who dream of starting a business, this period is crucial for setting goals, implementing changes and seeking innovations.
According to Luiz Paulo Teixeira, vice president of the vertical education sector of Grupo 300 High Impact Ecosystem, knowledge, attitude and willingness to face the new challenge are fundamental for anyone taking this step.
“You have to know your limits and tolerances. There is no business without attitude and uncertainty. So determine your schedule, the deadline for making a decision and execute it,” she comments.
To enter the world of business you need a plan to follow and the first step is to evaluate your market options. For Lucien Newton, vice president of vertical consultancy at Grupo 300 Ecosistema de Alto Impacto, betting on what is trending can be an advantageous path, as can opting for the franchising segment, a ready-made and tested model.
“You need to evaluate the segments that are attracting attention and compare them to your business profile to know your management ability,” he says.
7 steps
Additionally, it is important to keep in mind that this process requires skill and expertise. To guide this journey, experts have listed seven steps to start the year with an entrepreneurial spirit. Are they:
1. Self-analysis: find a segment you identify with;
2. Look for smart companies, with lower fixed costs and great potential for results;
3. Analyze the business and region you plan to invest in. If you opt for franchising, favor franchisors that provide support and use geomarketing systems to define the potential of the territory;
4. Research and talk to franchisors and franchisees;
5. Understand that entrepreneurship always involves risks, but that an affiliate is an intelligent entrepreneur who makes a successful business his starting point;
6. Leadership and interpersonal relationships, people-related skills, tend to achieve greater productivity and success;
7. Predicting scenarios and understanding market movements generates, in addition to better mental health, an additional capacity for more qualified and informed decisions.
Entrepreneurship is more than starting a business, it’s a lifestyle characterized by learning and opportunities, including challenges. The vice president of 300 Consulting says that resilience is essential to understand that before success is achieved, many mistakes can occur.
“You need to have resilience to understand the process and not let problems influence you,” he stresses.
Teixeira also highlights three other essential points: plan, execution and discipline. “Many businesses fail to thrive due to procrastination, overthinking, anticipation and feelings that prevent the entrepreneur from executing what is planned and prepared. The discipline of execution leads to learning, conditioning and evolution of activities,” he concludes.
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Source: Terra
Rose James is a Gossipify movie and series reviewer known for her in-depth analysis and unique perspective on the latest releases. With a background in film studies, she provides engaging and informative reviews, and keeps readers up to date with industry trends and emerging talents.
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