2. CONTENT
Introduction
Definition
Steps to be an successful entrepreneur
Trend creating big opportunities for
entrepreneurs
Challenges entrepreneurs face
How to over come challenges
conclusion
3. INTRODUCTION
The term “entrepreneurship” comes from the
French verb “entreprendre” and the German
word “unternehmen”, both means to
“undertake”. By grave and Hofer in 1891
4. DEFINITION
The capacity of co-illness to develop organized
and manage the business culture along with
any of its
In short it is all about starting a new business
Enterpreneur EnterprenuershipEnterprise
6. TRENDS CREATING BIG
OPPORTUNITIES FOR
ENTREPRENEURS
Facebook bots.
Business texting.
Smart segmenting.
Recurring revenue.
Video.
7. FACEBOOK BOTS
Facebook bots are becoming more
popular, especially now that we've entered
the era of artificial intelligence.
Many companies have incorporated
some form of Facebook bots in their
processes.
Many companies have incorporated
some form of Facebook bots in their
processes.
The best part: It's become easier for
people to develop sophisticated bots
without the need to code.
8. BUSINESS TEXTING.
Business texting made a big splash
The average person carries his or
her phone 90 percent of the time. And
people respond more readily to texts
than calls.
If you want to keep connected with
customers and get higher response
rates, consider making business
texting part of your strategy -- even if
it's a small portion to start.
9. SMART SEGMENTING
Your customers don't want to
receive the same message everyone
else does. They want specific, highly
tailored messages that speak to their
experiences and needs. You need to
build your business on that demand.
Segmenting involves a lot of
moving parts, so it's best to start
learning now about this powerful
technique.
10. RECURRING REVENUE.
Netflix's success has other leaders rethinking their
approach. Instead of offering a product or service at
a larger, one-time fee, many business owners are
seeing the benefits of switching to a smaller,
monthly fee. Recurring revenue is an asset that can
drive your growth for years to come.
11. VIDEO
Facebook Live, Instagram Stories
and Snapchat are swinging the
balance back.
If you're thinking long-term, you'll
need to invest in a few decent tools to
make your videos polished and
professional-looking.
13. RELINQUISHING ANOTHER
CAREER
"One does not discover new lands without
consenting to lose sight of the shore for a very
long time." --Andre Gide
It is almost impossible to take an idea from its
infancy to fruition while simultaneously
managing another career
Adequately devoting your time, money and
resources to your new business endeavor will
determine the overall success.
14. FINANCIAL CAPITAL
Empty pockets never held anyone back.
Only empty heads and empty hearts can
do that. --Norman Vincent Peale
Breaking into the realm of
entrepreneurship, most businesses will
need some sort of initial capital
investment. A very few projects can be
boot strapped, operating without a cash
injection, but it is rather rare.
15. LEADING A TEAM
"If your actions inspire others to dream more, learn
more, do more and become more, you are a leader."
- John Quincy Adam
Hiring the right team and having a positive team
dynamic can affect the direction your business
goes. It is not enough to just pick the right
candidate to fill the specific positon, but a leader
must calculate the cost employees will have on their
business, how they fit into the culture, and what
added value they offer the establishment
16. PLANNING THE BUSINESS
"Good business planning is 9 parts execution
for every 1 part strategy." – Tim Berry
The main purpose of the business plan is to
identify the challenges and pitfalls a business
could potentially face and plan a way to
maneuver around them, as to not cause
unnecessary stress and hardship from the
outset.
17. LONELINESS
"You can and should set your own limits and
clearly articulate them. This takes courage, but it is
also liberating and empowering, and often earns
you new respect." -Rosalind Brewer
Rarely does anyone talk about the loneliness
associated with starting a new business, but as the
sole owner in the pinnacle role of building the
project from the ground up without teammates to
fall back on, individuals often feel isolated.
18. HOW TO OVER COME
CHALLENGES
Think in a positive way that one day u will
definitely succeed
Stop doubting your ability
Difficult time may arise but keep trying and never
give up hope
Change your thought and focus on right things
Change your perception toward challenge
Think big
Work smart ; not harder
19. CONCLUSION
To become an successful entrepreneur first
of all you should have an passion towards it
Don't worry; skills are cheap, passion is priceless. If
you're passionate about your content and you know it
and do it better than anyone else, even with few
formal business skills you have the potential to create
a million-dollar business.