Essay on Entrepreneur Environment

Submitted By h8biology
Words: 726
Pages: 3

Ever thought about starting your own business? Well you can take action by becoming an entrepreneur. Becoming an entrepreneur is a difficult task but if you’re passionate, and dedicated it will all pay off. I’ve grown up in an entrepreneur environment my whole life because my family owns a business and I have learned that entrepreneurship differs from most careers in many ways. You can get an education in your interests and be successful, the earnings of an entrepreneur vary widely, entrepreneurs have to manage their time wisely, and may have to work long hours. The hard work of entrepreneur will pay off.
The first step is to create an idea. The ideas of an entrepreneur may be original such as the people who decided to invent the computer were very advanced in their knowledge, you can also take a product and improve it so it will work more efficiently an example of this would be that the first computer ever built weighed a lot, and the screen was very small this has been made more efficient by creating laptops that are skinner than a magazine, and touch screen tablets that you can take on the go wherever you go.To become an entrepreneur you don’t have to go to college but it is helpful if you do because developing skills in what your interest will help you become successful. In high school take many business related classes, as well as getting part time jobs at local businesses. Being knowledgeable in marketing, business communications, and accounting will be helpful when trying to attract customers, and making a strategic financial plan. You should train in the area you plan to entrepreneur in such as if you plan to open a restaurant you should get a job at a restaurant, if you want to open a clothing store you should learn some things about fashion merchandising. No matter what education route you plan to take researching you product before you build it is the key.
The second step is to invest, for example if you plan on building a coffee shop you must build it in a busy street where lots of people drive by not in a rural housing area where only the few people who live in that area see it. You need to rent, or buy a space for your shop which could be expensive. The earnings of entrepreneur vary from anywhere between $10,000-500,000. The reason is because entrepreneurship is all about success. Reaching the high end of the earnings range can take many years. To get this far you have to build a product that people need, and want, you have to attract clients, and sell your product to them. If you are unsuccessful in doing