Tuesday, February 23, 2016

How to be a successful entrepreneur?




As Tailoring Company and Businessmen, we Ambassador & Smart Fashion  we give you some tips to be a great entrepreneur. Why most successful entrepreneurs do not have a managerial or entrepreneurial school background? Starting from Colonel Harland David Sanders the KFC restaurant creator going to Richard Branson. Just for the simple fact that those people who have managerial or entrepreneurship school background always overwhelm school knowledge with the real life. This action  always apply school stuff to a real business life, lead to the fear of failure. Which is not bad but been a businessman implies taking risks. We do not want to say that too much knowledge is bad but we should learn to adapt these knowledge to a precise context. Then what are the tips to be a successful entrepreneur?


1-    Be patient and be ready to fail:  First of all you should prepare your mind to accept failures some time. Especially at the beginning where you do not get benefit directly. In this case Henry Ford’s history is the best illustration. Henry Ford which is the creator of the well-known ‘’Ford Motors Company’’ faced a series of failures and never gave up.
If the first strategy does not work, look for the problem and change the strategy to reach your target.

2-    Have good ideas and make research on them. If with your budget you can get an expert to guide , do not hesitate. If you do not have enough financial budget for that, make research on internet, talk to people, attend to conferences concerning these domain and zones where you intend to deal. If your idea is well structured, it increases your chance to get easily a bank loan.

3-    Never overvalue the project: when making your estimation, never overestimate the revenue. Because in Case of losses, it can be terrible psychologically for you.

4-    Been sociable: networking play a great role in entrepreneurship, meet people, talk with them. We learn a lot when sharing with people.

5-    Always make a security found for a time period corresponding to the hugeness of your project.

6-    And finally be a hard worker and never give up.




Contact us for enquiries

Email: ambfa@ksc.th.com
Phone: +66 2255 4516
Mobile: +66 818 24 20 94

                                            
                                                                                Ambassador & Smart Fashion.



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