People who have been used to the normal course of earning a living and holding an office job for 8 hours will always reach a point on considering to put up their own business after some years. Concepts and ideas will be varied, but the overall management of such entrepreneurial undertakings will still be the same. Highly effective managers have a larger amount of responsibility since unlike in the usual office jobs, he is actually steering an entire entity all through his personal decisions and strategies.
Being an entrepreneur will always have risks. Immediate effects of either success or failure can never be realized overnight. It takes time to settle in and build it awareness in the market to which it has situated itself in. Losses are only normal in the early stages since it is really about breaking even first. Profits and margins are usually demanded for after some months to years of existence. This is the way that business and entrepreneurial endeavors operate alike.
Originally posted on July 9, 2010 @ 2:56 pm