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Saturday, August 27, 2011

Being an independent entrepreneur

To become an independent entrepreneur, various types of capital should be owned. There are three main types of capital is a prerequisite:  
1.  internal resources, which is part of the private candidates
    
entrepreneurs such as intelligence, skills, abilities
    
analyze and quantify risk, courage or vision to the future. 

2. External resources, such as enough money to finance
    
venture capital and working capital, social networks and pathways demand / supply,
    
and so forth.

3. Factor X, such as chance and luck. A prospective
    
entrepreneur must calculate carefully whether all three sources
    
This power he possessed as a capital. If these factors has, then he
    
will feel optimistic and decisions to make that dream become
    
shoots reality as an independent entrepreneur may start
    
considered. 


Looking for a partner with the "dream" similar If one or two types of resources not owned, an aspiring entrepreneur can find partner / partners to make those dreams become reality. The ideal partner is a partner who has the resources it lacks its own so that there is a balance 'capital / resources power "among them. Generally Come closer relatives and friends who used as the main prospective partners before considering Other parties, such as some types of financial institutions including banks. Choice of partners has its own risks. The greatest risk should encountered when partnered with a close friend is at stake friendship for the sake of business. Not a few business decisions must be made with high professionalism and the cause of friendship be cracked or damaged. Other types of business partners is a member of the family, risks are not much different from a close friend. However, not mean that partnering with them can not be done. One thing important is to consider and discuss all the risks are open before starting a business co-operation so that if the conflict can not be avoided, then it is imagined how to solve them early before damage to the business itself. Other business partners a more neutral is a bank or financial institution More particularly, if capital becomes a major problem. Loans to banks considered more secure because the bank can help us look at the macro whether our business will have obstacles. Banks are either mandatory inspect and examine the feasibility studies (feasibility study) that we ask. Rejection of the bank with the reason "not feasible" to is a good feedback, especially if we can discuss with the bank loan on what elements are rated "not feasible ". Banks can also help us to monitor the business activities every year and if there is trouble within the company, bank will consider not to proceed with the loan. This is a "warning" and control who can bring us to immediately clean up. Entrepreneurs are "forced" banks to give loans without a feasibility study in an objective and right end is often experiencing more severe problems. Collateral (collateral) were seized, the company no way, and there goes the hope to make a beautiful dream reality. Events such as this are very common, on a scale both small and national scale. Loan calculation is often violated which should normally be applied by the bank so that when the situation economics do not support, joint micro and macro economy also helped brought down. Sell ​​the dream to other entrepreneurs (owners of capital) If friends or relatives with whom to cooperate is not available (either because we value the relationship of kinship or friendship or because they are not in a position to help) and not there is no collateral can be pledged as collateral to start your business, there Another more drastic way, that is selling an idea or a beautiful dream to owners of capital. Agreement on how the forms of cooperation could carried out between the owners of capital and sellers of ideas. It could be the owners of capital who capitalize and sellers who conduct business idea, it could also sellers only sell his idea and is no longer involved in the business it. This path is usually taken after other means are no longer possible while the idea that we have indeed a very worthy taken into account. All three of the above should think about before someone takes decision to become entrepreneurs. Without deep thought, bitter experience will be our food. Many businesses are finally out of business before it develops.

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