There are many people who come to mind when we hear the word entrepreneur. Steve Jobs and Bill Gates are examples of great entrepreneur because they changed their lives by helping other. Our lives will never go back to what they were before computers because of these men and the choices they made.
Before the McDonald’s came along we ate at home or at a local restaurant that were own and operated buy a person or a family. The McDonald brothers who owned restaurants that severed the same quality product, a simple and effective operation. They ran their restaurant business on a few items concentrating on cleanliness, quality and uniformity.They did everything the same at more than one location. Ray Kroc seen this business model as a product. He knew that he could take this restaurant and copy it and open restaurants like this all over the world. His vision was to create his business by giving other entrepreneurs the opportunity to own a profitable business. You would be in business for yourself but not by yourself. Investing your money in a proven business model through duplication everyone benefits. Ray Kroc caused a disruption in the restaurant industry and changed may lives by supplying what people needed to make a dream of owning a business a reality. Each location any where in the world would have a business owner spending their own money invested in the success of the business and the brand McDonalds.
This is an example that shows us how an entrepreneur thinks. These brothers knew if they wanted to succeed they had to come up with a simple model that could be copied with same quality of the product and Ray Kroc could see these restaurants were the product that he could see all over the world. He knew that he could not do it alone so he helped others with a dream to own their own business. Helped them get started and he supplied an opportunity based on a proven product and those who took advantage of the opportunity are McDonalds’ owners. Franchising the business he made it possible for everyone to profit. He took ordinary people and gave them the opportunity to own a successful business.
Qualities of an Entrepreneur
- A person who starts and supports a business of their own.
- Uses their business to help others.
- A visionary with a clear and precise goal.
- Take advantage of opportunity.
- Know that communication as a priceless tool.
- Take emotion out of the decision process. Willing to make decisions and keep their focus on the goal.
- Trust worthy, a team player and is supportive of the people around them.Uses direct contact and can follow as well as lead.
- Leads through chaos knowing the risk.A negotiator who is willing to use personality skills to get others to agree.
- Telescoping in and out, ready to make changes that will affect the business.
- Use their business by helping others as they help themselves.
People who own their own business and control every minute of their lives are entrepreneurs. The way they live is important and working for others is giving up power over their life. They are willing to change to do what it takes to get what they want. It is part of the way they live is part of their identity. Entrepreneurs are people with a vision who start and support a business. They see an opportunity and act on it. They don’t live their lives waiting for a pay check they go out and create their wealth. Thinking outside of the box and listening to their gut is as important as breathing for an entrepreneur.
Entrepreneurs welcoming change around every corner, they have been known to shake things up just to keep it interesting. Disruption is a great tool when used at the right time. Entrepreneurs use change it to their advantage. Successful people are open to change because it brings opportunity. They stand out as leaders and are rewarded with success. An entrepreneur starts a business alone and realizes that he may own the business, but can do nothing without the people around them. They live a life of training and negotiating. They are willing to share their knowledge and opportunity with everyone they meet.
Life is our challenge that has no limits. Going forward is part of growing up, yet some of us rise above the standard for a happy life. We want control over how we live and the time we have while we are alive. The people who don’t settle, are willing to change and will do what it takes to get what they want. This is what entrepreneur are made of.