Important Skills of a Successful Entrepreneur

Every entrepreneur must learn skills to help their business grow. The key to have skills is to apply the studied knowledge. Having skills will be the best foundation that makes entrepreneur grows and be successful in their business. It  is also a big advantage in business.

 

Here are the skills that each entrepreneurs must have:

1. Leadership - the ability to lead, influence, motivate and build respect. This skill can be developed and be applied to any situation where you are required to take the lead especially in business. Having this skill must require building credibility to make other people trust and follow them.

To be a leader, you must be responsible in all actions, decisions and growth of your member. The cooperation between leader and  members is the most important key to hit the goal in business.

2. Project Management Skill - This skill will cover about the planning, estimating of tasks, breaking down the tasks into achievable part, measure and record the progress of every task.  The process of project management will organize the tasks of each business part to achieve the goal of the business operation.

3. Marketing Skill - Marketing is a form of communication between you and your customers with the goal of selling your product or service to them. Communicating the value of your product or service is a key aspect of marketing. (source: http://www.entrepreneur.com/topic/marketing).  

 

 

This is the most challenging skill because you'll need to create strategies on how to introduce the products to your target market/buyer or customer. To execute this skill, you need to study the advertising and branding.

4. Selling Skill - the skill you need to close sales. Selling is defined as the exchange of product/item into money. 

 

There are 9 essential skills in selling : prospecting, questioning, listening, presentation skills, report building, objection handling, persistence, organizational skills and focus. In my next blog post I will discuss the 9 essential selling skills.

I hope this post serves you. If this article blessed you, kindly share it to your friends.

PS: My free ebook is now available. Get your copy now. Click http://bit.ly/get-jun-borgonos-ebook

PS2: Gusto mo ba ma-achieve ang time at freedom while you're making money online? Watch the video here. Make sure na tatapusin mo ha. Email me at rodolfoborgonos@gmail.com if may question ka. I'm happy to serve you! :)

Your friend,

Jun Borgoños.

Challenges in Starting a Business (As a True Entrepreneur )

Every business especially in start-up have challenges to overcome to be successful in business. The challenge may make you grow or make your business down. In starting a business as an entrepreneur, you need to have the right mindset to face the challenges. These are:

1. Having the right attitude - practice the right attitude in your work or task. Keep in mind that you are the business owner and you are the foundation of the whole business. Also practice the right discipline to make your task done in time.

2. Creating quality product - your product is important asset of your business. Make it more valuable and high quality that will satisfy your customer.

4. Measuring progress-  your business is not only for the profit, as an entrepreneur you need to measure your progress and self development to take you to the next level of your entrepreneurial career.

To start your journey as an entrepreneur you need to find direction and your passion (as I mention in my previous article). To achieve your success in business, the most difficult part is to start. It requires patience, discipline and right attitude. Just consider this principle "start and improve your work along the way". Do not expect to create masterpiece at the beginning. The important is to start and to validate your learning to improve things in your business.

Next thing is practice. Consider these 3 A

1. Awkward - at the start, you feel that you're doing awkward about your product or business. However do it anyway until you acquire something.

2. Acquire - acquire something that made you learn. It is also okay if you commit mistakes, it is part of learning. You'll be able to correct something as your work/tasks move.

3. Automatic - after the awkward and acquire, all the learning about your task/work will became automatic. It means that even you do it again from the start, you can do it right and easily.

Remember, practice makes perfect. Do it with discipline and right management.

Another challenge that you need to understand is the management side. Entrepreneurship is also a form of management. Management skill is important for every entrepreneur to enhance and maintain the existing product. Here are the activities that requires management skill for entrepreneurs.

1. Planning - As an entrepreneur, mostly your are the business owner. You are responsible to do plans about the success of your business.

2. Operation - The daily operation of your business is your responsibility. To make it easy, consider to set-up your operation in automatic mode. Think of some products or business that you need to work with automatic operation (meaning you don't need to be present in operation so you could focus on planning and getting customers. ).

3. Ability to acquired new customers and serving the existing ones - Important part of the challenge is to get new customers and serving the existing. Because, it is the part that you earned profit.

4. Improving the existing products - To earn and to grow your business, you need to improve your successful product.

To achieve the right management skill, you need to create strategy. This is the starting point to practice the better management. The strategy must focus on the vision of  business. Here are the example of strategy.

1. Business Model

2. Product route map

3. Point of view about partners and competitors

4. Ideas about who will be the customers

I hope this post serves you. If this article blessed you, kindly share it to your friends.

PS: My free ebook is now available. Get your copy now. Click http://bit.ly/get-jun-borgonos-ebook

PS2: Gusto mo ba ma-achieve ang time at freedom while you're making money online? Watch the video here. Make sure na tatapusin mo ha. Email me at rodolfoborgonos@gmail.com if may question ka. I'm happy to serve you! :)

Your friend,

Jun Borgoños.

Things you Must Know to Start Your Business

In starting a business, you need to know some of the things that the successful entrepreneur must have. This article will give you some ideas before starting a business. I think this will bore you, however if you have passion and dedicated to achieve your dreams and goal, you must continue reading.

Setting up a business will not guarantee you that it will become successful, but you could do something about it. My mentor Bro Bo Sanchez once said that "start small and dream big". This is a very simple wisdom that I want to share with you. Here's the thing that each entrepreneur must practice.

First, every entrepreneur needs to be familiar with basic management stuff. As I've said earlier, this may bore you, but it is very powerful. You must know how to measure your progress regularly, research about setting up a milestone (it is the term used in project management to track your accomplished task) and know how to prioritize work. This is the basic of project management.

Next is to use the power of your vision. This will activate your skill in making sustainable business. It will turn your ideas into product. To make it simple for you, think of the something that you love to do. What is your passion? What activity or event that made you happy? Visualize this and create ideas about it. Then convert your ideas into product. For example, I am a software developer. I love to do  programming stuff. I get excited each morning to do my work. This thing does not bore me so I decided to make opportunity about this (my passion). I develop simple applications that helps me in my daily tasks and I believe someday, this passion will serve people and money will follow.

Also your learning ability is the best asset in starting a business. One of the training program that I bought says that your learning ability is the most expensive asset of your business. Learning comes from consistent practice of ideas. Do not be afraid to do trial and error. Study regularly and apply what you've learned until it became skill. Use that skill in your business and test each element of it. Ask for your customer and network for feedback to improve your learning and skills. (Note: In setting up a business you need to have networks of other like minded people to help you.)

I hope this post serves you. If this article blessed you, kindly share it to your friends.

PS: My free ebook is now available. Get your copy now. Click http://bit.ly/get-jun-borgonos-ebook

PS2: Gusto mo ba ma-achieve ang time at freedom while you're making money online? Watch the video here. Make sure na tatapusin mo ha. Email me at rodolfoborgonos@gmail.com if may question ka. I'm happy to serve you! :)

Your friend,

Jun Borgoños.

How to be an Entrepreneur? (Ideas that will turn you to become true entrepreneur)

Are you an entrepreneur? Are you planning to be an entrepreneur? First what is entrepreneur or entrepreneurship? Google defines entrepreneur as  a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.

To be an entrepreneur, you need to know your purpose. For example, maybe you want to earn more and get financial freedom. Or you want to learn new things that earns money. Or you want to achieve something especially in your passion? Whatever your purpose are, you might want to achieve that purpose so you better have your goal.

What is your goal of being an entrepreneur? In setting up a goal, you need to have passion. What are the things that you are passionate with? Actually, passion gives you ideas. Ideas that make you think to create your own product to share. Product that can be profitable, product that has value and most of all, the product that will benefit other people. The ideas that will pop-up in your mind could be an opportunity to bless others. What can you do with these ideas? Learn from it, study it and make it as your skills.

Your next step is to take action about your goal. If you find your passion, use it to make consistent massive action. Your passion will lead you to your goal. It will stay you motivated. The most important requirement before you take action is to BELIEVE. Keep telling your self that you have the ability to become great entrepreneur and successful.

I don't know what are your passions and ideas. But the things that you can do is to find it. Find the things that you are passionate to do. Learn the things that make you happy. Use and share it to connect to others.  Entrepreneurship is making people happy with the products or services that you may offer. Make this profession to be the most happiest thing to do. Be excited to gain new knowledge and skills to share with others. At the end of the day, it is all about service and relationship to the customers. If you do and understand it, profit and money will follow.

I hope this post serves you. If this article blessed you, kindly share it to your friends.

PS: My free ebook is now available. Get your copy now. Click http://bit.ly/get-jun-borgonos-ebook

PS2: Gusto mo ba ma-achieve ang time at freedom while you're making money online? Watch the video here. Make sure na tatapusin mo ha. Email me at rodolfoborgonos@gmail.com if may question ka. I'm happy to serve you! :)

Your friend,

Jun Borgoños.

Believe in Your Self, Prove Them Wrong

Na-experience mo na ba ma-discourage? May nakapag-sabi na ba sa'yo na hindi ka mag-susucceed? Then do not believe in them.
Believe in yourself! Ikaw ang mas nakakakilala sa sarili mo. Gusto ko lang i-share sa'yo ang video na ito na sobrang naka inspire din sa akin. Enjoy watching.



When you make up your mind to become UNSTOPPABLE, when you make up your mind to become a NO MATTER WHAT person - then that will give birth to a part of yourself that you don't know right now.

I hope this video serves and blessed you.

Your friend,

Jun Borgoños.