Every year over 130 million babies set foot on this planet.
But the according to statistics less than 10% of world’s population is self employed; within them 3% are business owner; among them only 1% business survives (10+ years) with 0.4% earning $ 10M in revenue and 0.04% earning $50M in revenue.
An entrepreneur is born with a sharp, witty mind. They aim on making their own unique organization. Just like there can’t be too many restaurants serving same cuisine, there can’t be many organizations saying “me too”.
Entrepreneurs are a rare breed. It takes a heterogeneous mix of confidence, risk tolerance, self-discipline, determination and competitiveness to start a business and see it through to success.
The only three essential an entrepreneur needs to establish his business is a small amount of capital, strong work ethics and persistence.
Most self-made entrepreneurs rise from ground floor. They live with nothing but a new idea. They are built to be risk takers and tolerant. The risk of taking giving their idea shape is what leads them towards success.
In population of millions and millions of people, every person thinks of an idea. But less than 10% can implement their idea and maybe only 4% can gain success.
But entrepreneurs are those breed of the human kind who despite of failure are determined to fight till their last breath. They are set to have their own identity by hook or by crook. They need to develop an entrepreneurial attitude.