Monday, April 20, 2009

ABCs of Entrepreneurship
(CopyRight 2009; Benjamin Goh, www.bensglobal.com)

A for Available; always ready and available to business partners (customers and suppliers), colleagues, peers, associates, etc.
B for Balance; having a strong business-sense and being able to balance family, work and friends.

C for Creative & Compassionate; always filled with compassion for the team and new ideas for product, services and way of doing business.
D for Dedicated; focus and committed to making things happen.

E for Experience; seen much, listen much and done much but always with a heart to learn even more from others and their experiences.
F for Financial-credibility; possesses a strong sense of financial and business integrity, thus assuring others of a comfort zone and common ground with fair play.

G for Guts; it takes lots of guys to venture into new businesses or markets and always ready to face and resolve the unforseeable issues ahead.
H for Honest; being honest in the conduct of business and always ready and committed to sharing the fruits of the labor with all involved.

I for Innovative & Initiative; Innovation and initiatives are both critical to ensure continued value-add to existing customers and continued attractiveness to new customers and markets.
J for Just; Fair play is critical to earn trust among business partners (customers, suppliers and strategic alliances) and allowing value-add and commitment from all parties involved.

K for Keen-to-grow; growing a business means more than just revenue growth but also encompasses making this world a better place to live in.
L for Learning-attitude; willingness to listen to others' ideas and opinions as well as learn from others' experiences (learning is a continuous process of acquiring knowledge and wisdom).

M for Mentor; by mentoring and coaching, it opens up new avenues for learning as well as building strong relationships and network-circles.
N for Network-centric; no man is an island, as such it is most essential for networking where there will be learning, exchange of ideas, thoughts & experiences, contacts, know-how, know-why, cooperation & collaboration, etc.

O for Opportunity-seeking; always on the look out for more businesses and strategic collaboration/cooperation.
P for Passion; passionate entrepreneurs are the ones who make this world a better place to live in..passionate for the people he/she works with, passionate for the work that she/he is involved in, passionate about wanting to make a difference in everything that she/he is committed to.

Q for Quest-for-Knowledge; always eager to acquire knowledge, know-how and know-why.
R for Risk-taker; taking calculated risk at all times through effective and detail analysis, brainstorming, consultation and risk computation.

S for Strategist & Strategy-mapping; strategize before taking any business action or projects.
T for Trainer & Team-spirit; the best way to learn is to teach and train others as well as working alongside teams and motivating the team to excel beyond expectations.

U for Union-seeking; always seeking cooperation and union with others in the industry or market for the only way to survive and strive in any economic situation.
V for Value-adding; continuously and creatively analyzing and adding value to the business, partners, peers and all involved.

W for Will-to-succeed (strong); in difficult economic times, start-ups and competitive attacks, the will to succeed is what differentiate the winners from the losers.
X for X-factor (or some called it the e-factor or entrepreneurial factor); do you have what it takes to become an entrepreneur and if not, take an "Entrepreneur Assessment" and find out if you have what it takes (e.g. www.TriStart.co.uk).

Y for Yield-to-change (adjust, adapt and align to change); the only constant in the business world is change and the winner is one who is always ready to adjust, adapt and align to the changes she/he faces and move with the tide to surface as the winner.
Z for Zealous; nothing beats more than being zealous about being an entrepreneur and wanting to be the best and beating oneselves' performances each time over and over again.

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