Business

Changing Concepts and Being a Successful Entrepreneur with Ron Forrester

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There has been a belief in the misconception that few selected individuals are born with the gift of entrepreneurship, a set of skills and talent no ordinary person can achieve through education. Change is necessary to motivate individuals who desire to succeed as an entrepreneur. What they should receive is formal education and vocational training that involves certain steps and activities aimed at development of skills, knowledge, and competency requirements. There is a need of an entrepreneurial coach who would undertake this responsibility and hence bring significant change in these stereotypical notions.

Ron Forrester, a successful business man himself, through some life changing experiences realized this concept and undertook the challenge of training people to be successful entrepreneur in the future. He believes and makes others believe that what he could do to achieve success, is no in-born talent but acquisition of skills, clarity of concepts, knowledge of the past and present trends in industry and the desire to develop. Besides above all factors, there are certain qualities, which every entrepreneur must possess to succeed in their respective field, and this expert coach aims at training as many aspiring candidates to imbibe these virtues.

  • The first step as an entrepreneur involves choosing a business to build up the career. In order to do so, the individual must project courage to embark on this journey and have a vision to build the business upon it. A company without vision might not grow at all.
  • A businessman needs to be creative, yield lucrative ideas and motivate fellow workers to submit their own individual ideas. Here also the entrepreneur needs to be courageous in introducing path breaking, profound innovations.
  • In an emerging and growing company, the volume of work for an entrepreneur would keep increasing. To handle all tasks effectively and focus on the objective, he/ she has to delegate the authority to a subordinate. Delegation helps in the development of employees talents also.
  • An entrepreneur must be thorough with social and communication skills. Listening to subordinates and their ideas, articulating with them to reach a common understanding. Businessperson unable to direct employees communicate with external agents, clients, suppliers or government has no scope to survive in the market.
  • Time is money, a mantra every individual should follow, especially aspiring entrepreneurs. Give priorities to tasks that need your immediate attention, and need your participation. Appointing managers is perhaps best way to distribute tasks and save time. Let them undertake the charge of maintaining order amongst other workers and co-ordinate them.
  • To succeed, a businessperson must have the audacity to take high risks. Every sort of business involves risk taking and the entrepreneur must do everything within his/her control to lessen the possibilities of incurring loss and maximize the expected profit.

Every country whether reaching sky-high development or still developing requires entrepreneurs who dare to approach innovations and contribute to this process. Ron Forrester has been a part of this process by training many minds, being an active consultant for many companies and providing profitable marketing strategies.

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