The document discusses what it means to be an entrepreneur and provides tips for becoming one. It defines an entrepreneur as someone who takes risks to start a business rather than work as an employee. The tips include: loving what you do, evaluating your financial status, working to increase your current income, learning new skills, seeking opportunities, and building your network. The key message is that becoming an entrepreneur requires passion, planning, skills development, and putting in effort to advance your goals.
Myriam Borg – Who is “Entrepreneur” And How You Can Become
1. Myriam Borg – Who is “Entrepreneur” And How You Can Become
www.myriamborg.com
2. An Introduction - Entrepreneur
The term entrepreneur is much broader than the creation of a new business venture. Suffice it to say,
entrepreneurs choose to start a business rather than working as an employee – assuming all the risks as
well as rewards included in a particular business venture. An entrepreneur is the one who searches for
change, responds to it, and exploits it as an opportunity. Innovation is the major focus of an entrepreneur,
the mean by which they execute new ideas to market, make the right decisions – leading to profitability.
In other words, entrepreneurs are risk takers, willing to roll the dice with their money or reputation on the line
in support of an idea or enterprise. They willingly assume responsibility for the success or failure of a
venture and are answerable for all its facets.
Now, just a short question from my side – Are you itching to venture out on your own? If yes, your attributes
require an innate skill set and below tips to get started.
3. Here are some tips from Myriam Borg – A qualified Entrepreneur
4. Love What You Do
Being passionate is fundamental to endure an in an entrepreneurial journey. Half-heartedness endeavor
chip away at your drive to succeed. Perseverance is the key element that ensures to move everything over
time, whether it’s a person, a job or an entire company.
As you know –
“Abraham Lincoln failed in most of his efforts until late in his life, but he never gave up”.
5. Evaluate Your Current Financial Status
Your growth is restricted until you evaluate your current financial status. Before initiating your journey, you need to put everything on paper. By physically
analyzing your financial status, you can take appropriate steps to achieve financial goals. A clear plan – about your earnings vs. the expenditure assist you
creating a financial plan while taking next steps.
When creating your future plan, you need to:
– Know your full income
– Establish how much you spend
– Be clear about where you could save
– Use an online invoicing tool to track your finances.
– Write down your financial and lifestyle goals
– Know your full income
– Establish how much you spend
After analyzing financial status – if you aren’t satisfied with your income as well as your spending, don’t get discouraged. Follow the next step to make
positive changes.
6. Work On Increasing Your Current Income
After creating your plan and listed your financial and lifestyle goals, it’s time to work out on – how to maximize your
income for accomplishing goals? Realistically, you can`t become a millionaire by cutting back on your daily coffee. You
need to opt for optimum opportunities that promptly increment your current income.
Opt for opportunities with your current employer. Perhaps, there is a promotion up for grabs or a new position that suit
you better while offering you a higher income. Also, consider a side hustle enabling you to regularly generate more
money. Lots of people do freelancing to make money on the side.
7. Start Learning New Skills
Learning is about more than enabling you to do your current job properly. It’s a way forward to become an expert in
multiple fields. Increase professional network, participate in online discussions to discuss topics with other professionals
more broadly. This will help you to become a well-rounded intellectual.
You don’t have to reapply to go to college to learn new skills. You could simply:
– Read more
– Listen to podcasts
– Attend events and conferences
– Do an online course
8. Seek Opportunities
Opportunities aren’t going to land on your lap as you sit at your desk during your usual nine to five routine. You have to
go out there and grab them. Enhance your skills, build a powerful presence so that employers will consider you person
when jobs pop up.
On the other hand, if you’ve got a business idea you’ve been sitting on for a long time – work on it! Invest your spare
time developing it until it starts generating a side income for you. Once it’s up and running, it could even become your
million-dollar baby..
9. Build Network
The phrase “it’s not what you know, but who you know” couldn’t be truer. You perhaps observed that successful people
associate with equally as successful peers, whether or not they are from the same business venture. Building a strong
network with professionals in an ideal way with which to catapult you to success.
For examples – if you are the best brain surgeon in the world. Nobody will know it unless you tell them, so find out
where your industry icons will be, go and meet them. .
10. It`s true – you can’t become a millionaire by sitting in the same chair every day until retirement. Importantly, your
attributes require mindset and implement otherwise the above Entrepreneur tips from Myriam Borg are of no use. Start
your day with a new sense of drive, discipline, and make the necessary sacrifices to reach the milestones that will
propel you towards your goals.