Things Only Understood by the Entrepreneurs:- Have you understand the real definition of learning? According to Thorndike, “learning is a course in which a person gets experience through trial & error”. In accord of B.F Skinner, “Learning actually results from positive and negative reinforcement”. Moreover, Albert Bandera calls “learning as a permanent change through practice & experience”.
The purpose of collecting such definitions is to make a final precise definition of entrepreneurship. Entrepreneurship is basically a duty or a practice which results from trial & error, positive & negative reinforcement and through experience. Means, an entrepreneur can be a best learner. He brings novelty in the market and gets ready to catch the hits of the souk.
An entrepreneur, when puts his feet in the world of business, comes to know about the ups and downs of market. Sometimes he feels blushes on what is going-on in the market, while sometimes he feels fuzzy in looking towards the cunning tactics of the marketers. He initiates his business journey with blind mind on which the experiences writes. Further, he comes to know about the hot crimes of the market like bribery.
Being a common man, there are many things which we can never understand. Such strategy just goes beyond our head. It is entrepreneur who actually understands the true realities. So, it is believed that “be brave heart If you want to be an entrepreneur”. You would have to face failures and you would have to abide criticism.
5 Things Only True Entrepreneurs Understand
What so ever, here are 5 things that only entrepreneurs can truly understand? The reason is these are hard real-ties which are not digestible by every common man:
- Your tactics can be your failure
Entrepreneur when enters the hot market often fail to locate the real tactics, they do not come to understand which strategy is fruitful for him and which is not. In such instances they keep on jumping from one strategy to another and the end comes with “BIG FAILURE”.
But this failure embedded with success for them. A common man cannot understand the charm of this failure. But entrepreneur can realize this failure can be their stepladder to success. He knows this failure hinders the victory for him. They can cash victory from such failures.
- Rejection is power
You, I and every common man hates rejection. Either it’s in dressing or it’s in any competition, rebuff is considered to be a powerful slap. But it is the only entrepreneur, who can understand the worth of this cuff. They take the blow of rejection as a blow of power. They welcome such bluster with open heart. Any entrepreneur knows the power of rejection. They think and believe that rejection can lead them to the skies of the victory.
- 2nd man is the 2nd shoulder of body
An entrepreneur can only believe the real worth of this fact that the people around them are really important. They make a palm of team on which every member signifies like a finger. They forget that the second person is of second position in a business. They worth and they value the presence of all employs around their work. Such wise entrepreneurs carry on keeping the employs like the honey bees around the flowers. They know the sweetness they can get through the services of such people. So, astute entrepreneurs tackle the employees around them like the flowers of a garden. They nourish them, train them and as result cash fabulous services from them.
- Understands the scrumptious taste of failure
Entrepreneurs knows they will have to bite differ fares at differ places. They can come with a bitter bite as well. But a good entrepreneur is one who understands the worth of taking bite of failure. They do not make panic on failure. Such entrepreneurs remain vivid, vibrant and solid at every stage of business. They carry on crushing the hurdles of the way. Such entrepreneurs know how to move in the lane of nose. They do not break their hearts on little change of taste,
- Practice makes the men perfect
A good entrepreneur never kick starts a business and dreamt it to be at peak of sky. He knows success demands time. He believes on gradual success, continues strive and periodic Endeavour. A proficient entrepreneur carries on applying various excellent strategies to grasp the real goal. He believes on the quote of “practice makes the men perfect”. So, an entrepreneur takes an initiative with empty handed investment, gradually fills up the palms, periodically bears the outflow and thus ultimately reaches the success.
What is truth for the entrepreneurs? They know how to understand the reality and basic of business. Just like above are the 5 things that can only be best understood by an entrepreneur! These understandings are the real magical powers of success for an entrepreneur.
Hello everyone! This is Richard Daniels, a full-time passionate researcher & blogger. He holds a Ph.D. degree in Economics. He loves to write about economics, e-commerce, and business-related topics for students to assist them in their studies. That's the sole purpose of Business Study Notes.
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