Entrepreneurship In a Changing World

By | 28.08.2016

Becoming more entrepreneurial, for your career or your own venture,requires skills and knowledge that can be learned and developed. I believe an entrepreneur can change the world and can make the world heavenly.

Entrepreneurship In a Changing World

The world is now a large playing field for business, and many jobsare more specialized in this global space. On the local scene, the newsis full of companies closing down and positions being made redundant. 

Also Read: 7 Reasons Why Most Entrepreneurs Fail in Business

These business developments and ongoing employment vagaries havecaused many people to question where the downsizing and loss of jobswill end. What will happen to those who still want to work, havemeaningful employment and a purpose in life? How can people live afulfilling life if they can never find employment?

Entrepreneurship is critically important in this new and changingworld because it allows individuals to be in charge of their owndestiny, capitalize on their skills and feel motivated to create theirown future.

Aslo Read: 7 Characteristics Of a Good Entrepreneur

In fact, entrepreneurship and the skills associated withentrepreneurship are equally important for both organization and forindividuals who want to forge their own career path. This is because, at its very essence, entrepreneurship is developing an idea through toaction.

Entrepreneur comes from the French terminology meaning someone who’organizes or operates a business’. Entrepreneurship is characteristic by a set of skills that include:

  • having a vision
  • creating new ideas and developing the associated processes
  • using your personal skills and talents
  • planning to take measured risks to achieve an outcome.

Entrepreneurship is often touted as an option when jobs are lessabundant, even though being employed is often a more assured pathway for many people. With opportunities for employment becoming less frequent,entrepreneurship is an alternative way to create a meaningful career.
People who are successful as entrepreneurs have identified three key pillars that form the foundations of entrepreneurship:

Also read: 7 Signs You’re Meant to Be an Entrepreneur

  • knowledge and skills to become an entrepreneur
  • life experiences with entrepreneurship either through family or other contacts
  • access to resources such as finance to start the venture.

Knowledge and skills around entrepreneurship can be developed, asthese skills may not come naturally to everyone. The first step tobecoming more entrepreneurial is to understand yourself – yourinterests, your motivations for work and whether you like to take thelead in different situations. Entrepreneurs are typically comfortablemaking their own decisions and taking responsibility for the outcomesthat result. They are also good at seeing things through and maintaining commitment to the projects they develop. In summary, learning aboutentrepreneurship involves:

  • understanding yourself and your interests, goals and motivations
  • creative problem-solving and strategic thinking skills
  • ways to identify opportunities, generate ideas and make things happen
  • being able to present ideas, build relationships and negotiate.

These skills can help you to understand and believe in yourabilities, cope with uncertainty and complexity, take initiative and beresponsible for your own life and career outcomes. In being able tomanage all that life delivers, these are essential skills.
They areimportant when you apply for and find a job, and stay employed in an organization, as well as when you start your own venture. In the complex world we live in, understanding our strengths, talents and abilities is crucial. Only then is it possible for entrepreneurship to flourish.

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