Sunday 23 September 2012

ARE YOU A HIGH ACHIEVER?




ARE YOU A HIGH ACHIEVER?
One of the most important characteristics of a successful entrepreneur is the desire to be a high achiever. The following ten questions are designed to help identify your achievement drive. Write the letter preceding your answer in the blank to the left of each question. Scoring information is provided at the end of the exercise.
1. An instructor in one of your college classes has asked you to vote on three grading options: (a) Study the course material, take the exams, and receive the grade you earn; (b) roll a die and get an A if you roll an odd number and a D if you roll an even number; (c) show up for all class lectures, turn in a short term paper, and get a C. Which of these options would you choose?

2. How would you describe yourself as a risk taker? (a) high, (b) moderate, (c) low.

3. You have just been asked by your boss to take on a new project in addition to the many tasks you are already doing. What would you tell your boss? (a) Since I’m already snowed under, I can’t handle any more. (b) Sure, I’m happy to help out; give it to me. (c) Let me look over my current workload and get back to you tomorrow about whether I can take on any more work.

4. Which one of these people would you most like to be? (a) Steve Jobs, founder of Apple Computers, (b) Lee Iacocca of Chrysler fame, (c) Jack Welch, former CEO of General Electric.

5. Which one of these games would you most like to play? (a) Monopoly, (b) bingo, (c) roulette.

6. You have decided to become more physically active. Which one of these approaches has the greatest attraction for you? (a) join a neighborhood team, (b) work out on your own, (c) join a local health club.

7. With which one of these groups would you most enjoy playing poker? (a) friends, (b) high-stake players, (c) individuals who can challenge you.

8. Which one of these persons would you most like to be? (a) a detective solving a crime, (b) a politician giving a victory statement, (c) a millionaire sailing on his or her yacht.

9. Which one of these activities would you prefer to do on an evening off? (a) visit a friend, (b) work on a hobby, (c) watch television.

10. Which one of these occupations has the greatest career appeal for you? (a) computer salesperson, (b) corporate accountant, (c) criminal lawyer.
Scoring: Transfer each of your answers to the following scoring key by circling the appropriate number (for example, if your answer to question 1 is c, you will circle the number 2 in row 1). Then total all three columns to arrive at your final score.
I scored 79 because im a High Achiever i.e. High achievers are moderate risk takers in important situations and also high achiever think before they implement any action or idea.


DIFFERENCES BETWEEN ENTREPRENEUR AND SMALL BUSINESS OWNER



Small business Owner
An Entrepreneur
           Stable business profit. 
 Large outcome of profit.
           Stable sales.
 Huge growth in transactions.
Stable growth
 Sustainable Growth.

Wednesday 19 September 2012

MYTH 3: ENTREPRENEURS SEEK SUCCESS BUT EXPERIENCE HIGH FAILURE RATES.




This myth means that entrepreneurs often suffer failure before they are successful; if they don’t succeed they struggle again because an entrepreneur believes failure teaches lessons that lead to future success. And also an entrepreneur doesn’t give up easily.

MYTH 2. ENTREPRENEURS ARE ACADEMIC AND SOCIAL MISFITS




This myth means that entrepreneurs are not academically and socially effective. This was as the result some entrepreneurs started successful business after dropping out of school or leaving from their former job to be entrepreneurs. Before, educational and social organizations did not recognize an entrepreneur. But an entrepreneur is now considered a highly educated professional with excellent communication skills and someone with zeal to bringing economic development to the community, Country an the world at large.

MYTH 1. ENTRPRENEURS ARE DOER'S NOT THINKERS.

Although entrepreneurs have tendency towards action,But they are also thinkers. Entrepreneurs are systematic people who plan their moves carefully. To have successful business you must first have a clear and complete business plan.

Tuesday 18 September 2012

10 MYTHS ABOUT ENTREPRENEURS


1. Entrepreneurs Are Doers, Not Thinker.
2. Entrepreneurs Are Born, Not Made.
3. Entrepreneurs Are Always Inventors.
4. Entrepreneurs Are Academic and Social Misfits.
5. Entrepreneurs Must Fit the “Profile”.
6. All Entrepreneurs Need Is Money.
7. All Entrepreneurs Need Is Luck.
8. Ignorance Is Bliss for Entrepreneurs.
9. Entrepreneurs Seek Success but Experience High Failure Rates.
10. Entrepreneurs Are Extreme Risk Takers (Gamblers).

Thursday 13 September 2012

ENTREPRENEURSHIP

What is Entrepreneurship?
entrepreneurship is the dynamic process of vision, change and creation which requires the application of energy and passion and the willingness to take risk.

Thursday 6 September 2012

Ways to success


"When you reach an obstacle, turn it into an opportunity. You have the choice. You can overcome and be a winner, or you can allow it to overcome you and be a loser. The choice is yours and yours alone. Refuse to throw in the towel. Go that extra mile that failures refuse to travel. It is far better to be exhausted from success than to be rested from failure."- Mary kay


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Tuesday 4 September 2012

Welcome to my blog

Welcome, I am Suleiman Maude a student of the American University of Nigeria Yola,Studying a major in Information Systems. In this blog i will be sharing with you About ENTERPRENEURSHIP and how to undertakes innovations, finance and business acumen in an effort to transform innovations into economic goods".