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What is entrepreneurship? How to start a business? What is the nature of entrepreneurship?

What is entrepreneurship? The essence of entrepreneurship is growth.

By SUxiPublished 4 years ago 3 min read

What is entrepreneurship? When "mass entrepreneurship and innovation" once became a national strategy, when a group of fresh graduates with their parents' money entered the business sea, when countless young people set up companies and factories, when entrepreneurship has become a flood, we have forgotten the essence of entrepreneurship. A few years ago in China, entrepreneurship has become a narrow term, Chinese entrepreneurship has entered a great misunderstanding. Especially college students, it seems that you can't succeed if you don't start a business. If you don't start a business, you are embarrassed to meet people. Before starting a business, ask yourself, what is a business? And what is the purpose of starting a business? Almost all of us think of running a company or entity as the boss of a business, but the connotation of business is far more narrow than we think. Example: In 2005, a couple of American teachers died without children, and they were found to have a staggering $857 million fortune when they cleaned up their estate. Where do they get their wealth from? It turns out that in 1960, they did something. They put their only $50,000 in savings into the stock of a company, and they didn't move that investment for 45 years. The company is called Berkshire Hathaway and its chairman is Warren Buffett. What is entrepreneurship? Entrepreneurship is actually a process of creating greater economic and social value through the integration of one's own resources and external resources. In this sense, the act of increasing the value of your family and related personal and family assets is called entrepreneurship, simply through the allocation of family assets. It is not to open a company to run a factory is called entrepreneurship, it is just to create a business, a form of entrepreneurship. All of us are suitable for entrepreneurship, because as long as we carry out the allocation of family assets, buy bonds, real estate, funds, stocks, futures, investment equity, we are starting a business. Compared to the wealth of most people, is this American teacher couple "rich" or very rich? Of course, the "entrepreneurship" in the sea of business is still a specific form of entrepreneurship, which refers to the behavior of a person who believes that he has found a business opportunity and initiates the establishment of a company or a factory and other specific enterprises for the purpose of sustainable operation, so as to obtain benefits and realize value. Everyone can start a business, but not everyone is suitable for running a company and opening a factory. The entrepreneurs who open companies and run factories are a special group of entrepreneurs. The probability of their success is so low, and their contribution to the society is so great. We must cheer for them, cheer for them and applaud for them. The success of entrepreneurs has little to do with education. In a sense, those who have not gone to college are more likely to make great achievements if they know how to learn. Chinese education cultivates people's scientific literacy, but lacks humanistic literacy, which is related to morality and cultivation. The advantage of college is that I can enter a good platform for learning and growth, accumulate experience quickly, and have a greater probability of success in entrepreneurship. But entrepreneurship is more than perseverance and resilience, but also have the spirit of adventure, stay in a comfortable environment for a long time, inertia will arise. Successful entrepreneurs are good learners, people who invest in learning and brains. There are many very successful entrepreneurs in China who have only a primary or junior high school education, but their knowledge and leadership are beyond their years. The reason is that he is more willing to invest in learning than ordinary people, better at learning. Some focus on the development of public speaking skills, and have acquired strong leadership and leadership through extraordinary public speaking skills. In this era, any enterprise should become a service industry, any service industry should become a training company. Successful entrepreneurs must possess leadership and public speaking skills, and these two skills can be learned. The success of entrepreneurship has nature, nature is continuous progress. You must first toss, and then make yourself valuable; Make the ultimate choice in the toss; Finally in the direction of the premise of continuous progress, with the end as the beginning of continuous action to achieve the goal. Finally, what is entrepreneurship? The essence of entrepreneurship is growth. Entrepreneurship is the process of life management, you are a life start-up company.

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  • Dr. Orsula Knowlton2 years ago

    Great advice, thanks for sharing!

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