BUSINESS INFORMATION BANK POWERED BY SLY MEDIA CONCEPTS: Starting a new Business

BUSINESS INFORMATION BANK POWERED BY SLY MEDIA CONCEPTS: Starting a new Business: Everyone who deserve or desire to meet the needs of others star a new business. However, is always an important decision propelled by...

The dilemma of entrepreneur

Longtime ago I have studied and had several authors enlist different postulation on the best way to describe an entrepreneur. Hence, I remember that some describe an entrepreneur as the one who identify a demand gap in a particular market and takes advantage of the situation, fixed his scarce resources and asset hoping of getting maximum return in an expected time

Going by other peoples postulation, he can also be refer to the one who combine various factors of production to produce curtained perceived, acceptable and foreseeable needs for the purpose of meeting the needs of himself while not compromising the needs of others. I could remember from my study of economics that the main goal of entrepreneur is to acquire maximum profit given a least cost of production.

Henceforth, this assumption of profit maximization is a secondary motive to all entrepreneurs but mostly often accompany by other primary motives such as: meeting the needs of consumers, building, sustaining integrity and personality, sustaining the survival of humanity and promoting company image to mention but few

Arguably, there suppose to be proportionality between entrepreneur expectations (profit making) and his final output at the end of business harvest. More comparatively, things do not always work as expected by most entrepreneurs. WHY?

Ideally, everyone preach for entrepreneurship development as one of the tools that can be use to sustain humanity and safe most collapsed economy of the world. But seemingly, in an environment and atmosphere where entrepreneurs faces numerous daunting challenges that hamper and inimical their business prospect, what will be the fate of entrepreneurship development in saving the generation of man!!!!!!!

Hence, in a situation where entrepreneurs faces problems often in which he/she seems to be in dilemma to the extent in which he/she find it so difficult to make choice whether to continue or quite then it is a dilemma for the entrepreneur”. Incase you are affected by this article forward your opinion, question, enquires and consultation, and problems, to: slybizinfobank@gmail.com or syolanconglomerate@gmail.com

Starting a new Business

Everyone who deserve or desire to meet the needs of others star a new business. However, is always an important decision propelled by self determination to allocate one scarce resource to produce what other needs with expectation of deriving the dividends of running a propose profitable business. Actually, an average individual that starts a new business does with optimum expectation with a view that all things be equal the objective of starting such a venture will be realizable. Hence, in real life situation starting a new business seems easy but realizing the objective of the business may not seems so easy

The expectation of starting a new business is high especially if the possibility of making headway in the business can be predicted. Conventionally, starting a new business is a function of recording success but ideally in reality starting a new business is a not a function of business success making.

The problem statement…………..

Actually, everyone who starts a new business start with a vision to succeed but often times the vision is shattered by some certain circumstances. If starting a new venture is proportion to the business success hence everyone would remain in business. The task of starting, sustaining a profitable business is enormous because a well articulated business that commence with high expectation might end in dismay without any form of success recorded. Starting a new business is like trading in black market whereby the probability of getting the real value and return on your investment is very low cannot be really ascertain. Most of the time , we take advantage of a particular needs to set up a business but at the helms of high expectation things seems not working as expected in this case business owner face a problem of rejection

The fact……….

It is good for all intending entrepreneurs to know that starting a business is easy but what makes one a successful entrepreneur is the ability to rise and fall, face enormous challenges and rejection but still keep fit in business, expect the best even when things seems not working, flexibility of ideas and operation, expect the worst if possible, self determination even when success is not evident , failure of testable strategies, investing without visible assurance of foreseeable profitable rate of return, exhaust all strategic plans and ideas without any substantial outcome etc

Be driven by your vision not by your sight………

Vision help to actualize dreams and business terrain vision play significant role in assisting the new entrant business owners to overcome the unavoidable and insurmountable barriers that treat the possibility of starting a new ventures. Send your e-mail to: slybizinfobank@gmail.comor syolanconglomerate@gmail.com for more information, question, inquires and consultation