SteemAlive presents writeinfull! Understanding Entrepreneurship and qualities of a good Entrepreneur.

_{Teaching my business to people}

Hello, How are you? We are going to talk about business and who is an entrepreneur, the mistakes that new entrepreneurs make. Take a look.

Entrepreneurship is the process of creating something new with value by devoting the necessary time and effort, assuming the accompanying financial, psychic, and social riks, and receiving the resulting rewards of monetary and personal satisfaction and independence. Entrepreneurship involves initiating new ideas and starting a new venture not minding the risks or dangers that may be involved.
Entrepreneurship deals with discovering people's need which have not been satisfied and making attempts to satisfy them with profit motive. An entrepreneur is always dependent and determined to achieve his set goals not minding the circumstances surrounding it. An entrepreneur is someone who perceives an opportunity and create an organization to pursue it. He is a person who always searches for change and responds to it by exploiting it as an opportunity. An entrepreneur is someone who engages in a business venture whether on a small or large scale.

• Idems utimate. Is an Akwaibom born entrepreneur who started his entrepreneurial venture not minding the risks involved but today he is a multi- billionaire; Mike Adenuga the owner Globacom Nigeria Lmited is one of the popular persons in telecommunication business today.

• Visionary: He must be vision oriented to be able to forecast the future. He must be able to foresee people's needs and the market trend as well.

• Independence: An entrepreneur is independent because he caters for his needs and is free to work and at his pleasure or convenient.

• Dynamism: He does his things in a dynamic and special way. He does not copy from others rather he takes his time to assess and evaluate whatever he is doing to his taste.

• Innovation: An entrepreneur innovate new ideas and new ways of doing of things. He is so talented and perceives everything opportunity around him and exploits it to something bigger and better.

• Creating wealth: He ensures that he create opportunities first for himself and others as well; by so doing he employs others who do not have what to do so they can work and earn a living. He may also decide to educate, support and motivate others on how to start their own ventures and be financially independent.

• Ability to bear risks and uncertainty: An entrepreneur must be a person who will be able to enjoy not only the profit but also bear the risks and uncertainties when they arise. He must always be prepared to face the challenges and risks associated with business.

• Problem solving:An entrepreneur solves so many problems in the world today. First, they look for a vacuum in the society and fill it, which may include; satisfying people's needs, creating employment opportunities and differentiated ways of doing things.

• Lack of knowledge. For you to be successful in any line of business you must be knowledgeable about the business. To avoid heard I known.

• Borrow. As a new entrepreneur borrowing capital to start a new business is a very big mistake. Have some capital before going into the business.

• Too much Gain. Looking for excessive gain slows down business make sure to put your price to be favorable to everyone. New entrepreneurs makes this mistake of putting much price on thier goods. In business turnup is the key.

Be a successful entrepreneur. Avoid the mistakes i listed above. Always have the mind to take risky. And over come the sky will be your limit.

This is my first entry in this week's contest by steemalive community. I invite my friends to join.
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