Entrepreneur is the ability and willingness to develop, organize and manage a business venture and take risks in order to make profit. The is also been characterized by great ability of innovation, creativity and risk taking to in any competitive global market.
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I am an entrepreneur, a farmer precisely I engage in fish farming. As an entrepreneur you need to understand that you want to engage yourself with, what you are passionate of doing and don't just rush into business because a friend or relative is performing well in it, your ideology and your inner self might not go with it. Don't go into business because you have the money to do it, don't go into a business because you think you can do it. I started my fish farm with a very little capital and as little as it is, I was able to get something meaningful out. But there is a challenge when it is time to harvest and sell, the big fish farmers will not allow the small scale to enjoy the market. So I decided not to sell and proceeded to processing it. The creative idea makes me get more profit than if I had sold it initially. That's CREATIVITY, an entrepreneur must be CREATIVE. The profit gave me the opportunity to reinvest. My next stock was higher than the first but I did not make profit like the first, that's business. I never relent, I had to stock again take another risk and it doesn't seems working again but I never relent I had to keep investing in what I have passion for. That's RISK, an entrepreneur must be able to take high risks until you hit your target. I never relent until I achieved my aims. So, set goals and the map out how you inintend achieving it. Don't relent until you achieve it.
Being self reliant is the best.
It is sacrosanct that entrepreneurship is the solution to the problem of unemployment in most developing countries. Most of these countries have intellectually upright people that posses cognitive abilities that can make them a successful entrepreneurs but the environment and the situation of the country doesn't not accommodate and encourage them.
As long as you have decided within you to be an entrepreneur don't expect a conducive environment, or an environment that will enhance your ability because it might not come. An entrepreneur create the best atmosphere for themselves and the country (only few countries can). Besides, no great entrepreneur in the history have a conducive and enabling environment, that's created one one. It is never for once easy, but the ability to withstand pressure and take more risk even if you fail in some, Infact you can fail in all at first but your time is fast approaching. Never give, it worth trying all over and over again.
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How can entrepreneurship helps developing countries?
Most developing countries both the Young and the old want to serve or work in an office and always want to be the boss. No body wants to serve a boss or a master but at the end, we end up being a wretched servants. Why not not serve people? By making good use of whatever skills you have Infact it better doing what you know how to do best than working in an office that is dependable. It is observed in Most Africa countries that only few enjoy the benefits of all why? Because we have subjected ourselves to them.
Work on your potentials bring out some thing hidden in you. When we get ourselves engage by being an entrepreneur only few will depend on white collar job or governmental appointment which will give room for developmental projects in the country when government pay less salaries and generate income through tax and foreign exchange when the goods being produced by entrepreneurs. The basic infrastructural facilities will be provided that will enhance entrepreneurship in the country.
Entrepreneurship will also encourage economy diversification. The country will not base on a specific means of revenue, there will be several sectors that will serve as revenue source.
Sectors like
Agriculture
Textile
Power
Construction and host of others.
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As an entrepreneur who is ready to make positive change in his life most be creative enough, in other words, if a specific area is not working look within and have a second plan for every step.
Also encourage other young people to establish themselves rather than running around with their certificate everyday looking for a job. You can make it without a white collar job. Check the list of the world richest people they are not working with the government they own a business of their own.
Think wisely, it is never too late until it is late
Do what you love and love what you know.
Thanks for stopping by. Love you