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Tag: ideas

purpose

Discover your purpose and start living your dream

The purpose is that feeling that you are a part of something bigger than yourself, that you are needed, and that you have something better ahead to work for. The purpose is what creates true happiness. J. K. Rowling got rejected 12 times before she finally wrote and published Harry Potter. Even Beyoncé had to make hundreds of songs to get Halo.

There is a popular saying about purpose: “When the purpose of something is not known, abuse becomes inevitable”. This quote is so true in every area of life. Some do struggle in life, even when they are talented or gifted in several ways.

How do I discover my purpose?

This is often the question of most individuals trying to find meaning out of life. The truth is that there are steps and guidelines to discovering your area of competence. For example, when people keep appreciating how good you are in certain specific areas, it may be a sign.

Most often, we don’t see our gifts or talents. People around us can help us point us in the direction of our purpose in life. In this case, you need to pay attention and never ignore what others are saying about you.

Another amazing way of knowing where your direction in life lies is to check inward. Take out time and do a soul-searching probe of your inner self. Your heart is the best tool to discover your true purpose and passion in life. Ask yourself some salient questions: what do I love doing for hours without getting bored? What gives me the greatest joy in life? What is my greatest passion?

The greatest successes in life usually come from having the freedom to fail. Ideas don’t come out fully formed, they only become clearer as you work on them. You just have to get started. It is never too late to start living your dream life. All it takes is to discover your true self and start working towards achieving that beautiful dream of yours.

entrepreneur

An Entrepreneur needs these 7 Qualities

Although every entrepreneur is unique and positively endowed in terms of gifts, talents, and abilities, however, some entrepreneurs possess some exceptional qualities which stand them apart from the average business owner. Highlighted below are some of the qualities that can make a difference in the life of an entrepreneur:

Positive Mindset

To succeed in life, one must have the ability to be optimistic. Optimism is the ability to think of possibility even in the face of failure and defeat. A positive minded entrepreneur is always searching for a solution to a problem. This unique quality gives the entrepreneur an edge over the average business owner.

Goal Setters

The ability to set and achieve a goal is another unique characteristic of a business person. Setting daily, monthly and yearly goals is a priority in the life of an entrepreneur. These goals are a great source of motivation and incentive.

Focus

The success of every entrepreneur depends largely on the ability to focus on the essential things in life. It is only when one can focus on life, that one can have the rare ability to concentrate on issues that are key to the attainment of the desired end. This unique characteristic is present in the life of every entrepreneur.

Determination

This is the ability to remain committed to a course or goal. If you are determined, procrastination will never be a problem. Determination is a virtue that keeps a business person on alert. it is like a prime mover in the wheel of the entrepreneur as the ability to venture into areas where others are afraid to go is made available.

Passion

There must be a desire and a burning passion inside of you before you can obtain whatever you need in life. If you are passionate about success, it is a sign that you are on the right track. Having a passion for something will give you the extra energy to continue when others have given up. It is what keeps you awake at night when others are busy sleeping.

Foresight

This is the ability to envision the result of plans and proposals earmarked for the achievement of the desired goal. A business person can see profit where others are seeing losses. Foresight will enable the entrepreneur to make a sound decision and set distinct goals.

Creativity

What distinguishes an exceptional entrepreneur from the average business owner is the ability to come up with new ways of doing things. They are creative and unusual in their thinking pattern. One thing that they have going for them, is the ability to implement these creative ideas. Fear of failure does not hinder them from achieving their set goals and desires.

small

Start small, but don’t end small

The business world may appear lucrative and eye-catching, but building a small scale business into a giant conglomerate is never an easy task. It involves a whole lot of processes and principles, which many find so tough to implement. 

One of the many advice entrepreneurs are given while venturing into the business world is to start with whatever resources one has. So many business owners who have chains of businesses never started big. 

The first step is to birth that profitable idea into life. Not all ideas may eventually become profitable when implemented. Test run the idea on a small scale using different business tools and confirm if the feedback is positive or not. 

Secondly, draw up a watertight business plan, outlining every aspect of the business and the model to be implemented. If you not too good in the technical areas of the business plan, that can be outsourced. 

The next step is one of the most crucial steps in your journey towards starting that small business of yours. You got to draw up various sources of funding for your business. Personal savings, family and friends, local thrift/cooperative society, money lenders, banks, and donor agencies are some of the options available. In making your choice of where to draw your funding from, wisdom must be applied. 

Finally, having secured funding for your business, ensure you already have all the contacts, tools, and other logistics in place before attempting to kick start the business. A small scale business is like a small car about to undertake a long journey. The car needs enough fuel (finance) to get to the desired destination. A  Good engine with the needed lubrication, proper valve checks. 

Note however that the beginning of every business venture is usually tough and filled with lots of hurdles. It’s not smooth sailing like most entrepreneurs usually find out at the middle of the journey. The most crucial aspect of starting a small business venture is to aim high and avoid staying at the same level each year.

There is always room for expansion as the business starts picking up. Financial institutions are always keen to support a thriving business as long as they’re a mutual relationship when it comes to funding repayments. As we approach the end of the year, let your goal of setting up that small or medium scale investment become a reality.

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