Millions of young people wish within their hearts of hearts to become successful in business like Aliko Dangote or Tony Elumelu.
A lot of them have misconstrued this for carrying out illegal and nefarious activities, such as: Cyber crime also known as- Street hustling, internet scamming, G-boy or Yahoo hustling etc..
The female population even takes this further by the ignominious 'Runz girl' or 'Aristo babe' hustling (Selling their body and integrity for money).
Good and decent young people get corrupted by peers and by the erroneous belief system that entrepreneurship irrespective of its ethical standing is acceptable. This is not true!
A lot of Young people today believe - "Money is money, even if it comes in a dirty bag".
According to a former president of the United States- "We have lived through the age of the big industry, and the age of the giant corporation, but I believe that this is the age of the entrepreneur, the age of the individual." President Ronald Regan (28th March, 1985).
The word 'entrepreneur' is derived from the French word éntreprendre', which means "TO UNDERTAKE".
An Entrepreneur is one who undertakes to organise, manage and risk the hazards of a business.
The Entrepreneur is able to see and evaluate business opportunities, he then gathers the necessary resources to take advantage of them, and he continually takes all the appropriate action to ensure success.
For you to understand true entrepreneurship, you must realise that being an Entrepreneur is not just about doing a job or pursuing a career.
Entrepreneurship is a Life-style.
The Entrepreneur must be flexible and imaginative. He must be able to plan, to take risks, make decisions and implement action to achieve his goals.
An entrepreneur must be future -oriented and be ready to work under conditions of conflict, change and ambiguity.
Entrepreneurship is essentially leadership, because the Entrepreneur must be a leader, bearing every single responsibility associated with his or her business.
Every entrepreneur is essentially a leader, but not all leaders are Entrepreneurs.
The Entrepreneur must be a leader, bearing every single responsibility associated with his business.
The fact that a person is engaged in a form of business doesn't necessarily mean he or she is an Entrepreneur.
Take for example, when a son inherits his father's business, there is a very probable chance that such a son may not have an entrepreneurial attitude towards life, and before long that business enterprise may dwindle.
WHO SHOULD BE AN ENTREPRENEUR-
Entrepreneurship skills like leadership skills can be learnt and mastered. So anyone, if He or She chooses to- can become a successful entrepreneur; especially if they start early.
An entrepreneurship attitude to life can also be found naturally inherent in some. This group of people early on in life realise that; to make an impact or difference in their community or the world at large, they must adopt the Entrepreneurial approach to life and living.
They believe in creating value at every possible turn in their life: you see them even from a very early age engaging in business activities and ventures.
Below, we will list some peculiar characters and trait every entrepreneur should possess, these characteristics can be developed in anyone;
-Drive and Energy
-Persistent problem solving
-Originality and Goal setting
-Ability to deal with failure
The Entrepreneur must be ready at all times to take calculated risks, and face challenges one-on-one. But the most crucial part of an entrepreneur lies in his or her ability to innovate!
Creativity, invention and newness of doing things must be the centre thought of the Entrepreneur.
The Entrepreneur must see life as an art- the art of creatively solving life's numerous challenges. It is a function of the Entrepreneur to paint a better world.
Love rather than greed or Hatred, must be the core motivating factor of the true entrepreneur.