3 Things You Need Besides Money To Start A Business
Almost every business person starts off with the concept that you need a product or an idea. However you also need a marketplace to sell your product. So effectively the product meets the market, correctly priced to produce a profit to enable you, the entrepreneur to reinvest. By reinvesting you then develop and grow your business to success. However, the product, the market and the finances supporting this venture are the simple things that you need. The most difficult are:
1) The drive
During the course of this journey you will experience some hard times. You will need to possess strong and clear vision which can be called, ‘drive’ in order to enable you to see through problems, face difficult tasks and come out the other side with a good and sound business. Do not be afraid to take advice from time to time and counsel those who have done it all before.
2) The energy
The energy that is required to start, run and take a business forward will astound you. The energy has to be there always, 100% of the time. Even when you, the business owner and entrepreneur may not be feeling on top of your game, you will need to demonstrate, show and evoke that energy. Others will feed off this positive energy and it will become extremely motivating for all around you. Energy means that you will face the difficult moments with ease and the easy moments become the rewards.
3) The passion
Yes, you do need to like and have a passion for what you do. You will be spending lots of time doing it, so make it sure it is something you enjoy, perhaps have a natural talent for and feel that it not only rewards you but others.
The three main ingredients for making you a successful business person and entrepreneur are these intangible assets. You need an abundance of drive energy and passion. Without them the first slight knock will possibly take you down or make you think twice about your business.