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Entrepreneurship is the process of unearthing new ways of amalgamation of resources.The ability and capability to develop, create, innovate and devise a product or service along with the uncertainties attached is known as entrepreneurship. The prominent example of entrepreneurship is whenever market is in need of product/services entrepreneurs answer it with the new or improved services/products.

Who is an entrepreneur ?

The entrepreneur is defined as a person who has the ability to establish, administer and succeed in start-up venture and make profits. These people are the source of new ideas, innovation and also help in boosting economy. Entrepreneurs opens new avenues for employment and also deals with all the risk that go with it . 

The digital revolution is changing our world faster than ever. Knowledge and information are at our fingertips, unleashing new opportunities and basic services are being transformed into E-services. This has also changed the scenario in the field of entrepreneurship and there have been a wave of digital entrepreneurs. 

The unstoppable fuel engined and provided a roadway to new destinations . Entrepreneurs have an ability to take risk, a certain degree of flexibility along with their exemplary , visionary and leadership quality.What underpins a lot is the general idea that there is so much information streaming at us these days and recognising what it takes to be a successful entrepreneurs is absolutely important and needed .

Picture  Credits: European Institute for Gender Equality

With the list of ideas how to get favourable outcome in the field of entrepreneurship let’s have a look at the traits which may become hurdle in the journey of becoming jubilant -

 Lack of proper planning:

If you fail to plan you plan to fail. This famous saying goes adroitly with the entrepreneurship

two. Proper planning is the basic step and leaders must practice and plan properly.

 Lack of good mentors/Advice from the wrong people:

Mentors help in giving a boost to ventures. If that is not in place things take a rough route .

Successful entrepreneurs always say “always surround yourself with people smarter than

you”.

 Lack of motivation , focus, commitment and passion:

Little decisions add up to an outcome.If people lack motivation it will be difficult to strive.

 Lousy hire:

An organisation is not a one man wonder but a team effort. A hardworking, passionate

team delegate, trust and bloom . On the other hand lousy hire may lead to disruption in the

organisation .

 Lack of vision:

A clear vision helps to focus in moving in the right direction. It is the starting point and

before setting up a business you must know where you want to see yourself 2 to 5 years

down the line. Vision play a vital role in the organisation’s success.

                                                So, at the risk of sounding cliche, entrepreneurship really does open          doors. So today, let’s take a second to appreciate how far anyone’s entrepreneurial journey has come and also remember how much work there is left to do .

 Ending with just something to think about and explore new dimensions.