Pillars for being a good entrepreneur

If you are thinking of daring to face new challenges and becoming your own boss, be sure to read about these fundamental pillars that Every entrepreneur must own. Daring to run your own business is a most enriching experience, but it requires a lot of sacrifice and dedication. These are the fundamental pillars that define the lives of entrepreneurs:

Commitment

Embarking on a new project requires A lot of dedication, and if you are thinking of doing so, you must comply with all those agreements you establish, both with third parties and with yourself. Ultimately, you must develop a great sense of compliance.

Responsibility

It seems obvious, but on many occasions we confuse commitment with responsibility, and we don't put the latter into practice. In this case, demonstrating responsibility involves Facing the consequences of the decisions you make throughout the development of your project, as well as the actions you carry out. You will not be able to blame the negative consequences on third parties, you will be the most responsible.

Aptitude

There are many entrepreneurs who are starting out by starting a project on a subject in which they are not experts, or without having the necessary foundations to start in the world of entrepreneurship. Never start a project in an area in which you are not specialized or that you don't know enough to make it come to fruition, it's not a good way to operate and you'll most likely end up going headlong into success.

Pasión

Entrepreneurs without passion don't exist, whether they are very extroverted or completely introverted people, there is one thing in common that defines them: they love their project and are passionate about carrying it out. It is important that all those tasks you do in your adventure as an entrepreneur are carried out while enjoying them, and the experience.

R.O.I

Although doing what you like and doing it with passion is essential in an adventure like this, it's important that you don't lose sight of the ultimate goal: the return on investment. After all, when someone sets out to develop a project, what they expect is to obtain benefits. In addition, when looking for investors for your project, this aspect will be essential, since all of them will want to see the return on their investment.

Strategy

Although the experience of entrepreneurship simply for the sake of it is tempting, we should not venture into these fields without a pre-defined strategy. Having a strategic mind is essential to creating and growing a business. In addition, it is a necessary element in all areas of the company: tax, accounting, logistics, marketing... so it's not just a matter of having a general strategy, but the strategist is a quality that you will need in all areas.

Capital

It is clear that we need money to start a project, but you should keep in mind that money is not the only capital needed, you must also consider the capital human, intellectual...

Innovation

How many times have we heard that “everything is made up”? However, every day a new invention dazzles us, demonstrating how wrong we were. But these new inventions don't come as if anything, to create a truly profitable business we'll need a innovation process to create products and services, as well as for our distribution, communication and ways of working. If your next step in the professional world is to start developing your own business, don't forget these fundamental pillars.