Hey there! Welcome to this blog.

Let us now briefly consider some basic but fundamental points about the word ‘entrepreneur’. We all know that there are so many definitions of the word ‘entrepreneur’, but for now I just intend to dwell on one simple definition. It goes like this. An entrepreneur is any person who identifies an opportunity in the market, gathers resources and creates and grows a business venture to meet those needs. He bears the risks of the ventures and is rewarded with profit if it succeeds. Sure and yes – this is pretty much what entrepreneurship is about. Don’t you agree with me? Of course we could take ages trying to methodically and academically dissect this and that, critique it in anyway etc. We could also go near vanity with our analysis of definitions. Nevertheless the major things remain the major ones!

So what the heck are we talking about, regarding the definition of an entrepreneur? What point are we trying to derive or drive regarding an entrepreneur, or the word entrepreneurship for that matter? Just hold on – before you rubbish this write-up as you think you could define an entrepreneur in a hundred and one ways. You could be very sophisticated about it, but my point in very simple. Within the above definition of an entrepreneur lies the core or fundamental business facts that can help guide all entrepreneurs on the way to successful business ventures. Wait a minute! Now what are we talking about here?

The key points I would like to highlight are the following: –

  • Point number 1 – Identification of an opportunity or need. An entrepreneur must identify an opportunity or a need that exists, and that can be filled or taken advantage of. Mr. Entrepreneur or Potential Entrepreneur, please don’t wake up any day because you dreamt about starting a boutique, and proceed to mobilise capital and actually start a boutique, without this aspect of identification of an opportunity and a need. Do you understand me? I’m simply saying this; there must be a business case, not just an idea or a dream. OK?
  • Point number 2 – The presence of a market. Again, there must be a market. The demand is in the market. The need is in the market. The opportunity exists within a market. If you relocate to a city where there is plenty of sand as raw material, and you think you could probably make a good business selling sand there, don’t blame anybody for slow business! I know you could still sell sand in that location anyway, but the demand might be too low to make economic sense unless some other market drivers exist. Have you deeply considered your potential market? Is it worth your investment? Is it a real market or just your dreams and wishes? Dreams could be sweet you know – you could travel the whole world in your dream! If wishes were horses……….. But it’s good to dream. Dream and act right.
  • Point number 3 – Gathering resources. Candidly, some folks will stop here, even if they identify an opportunity and smell a real market. I don’t like sitting and listening to people who talk endlessly about the negatives, the difficulties, the challenges etc and end up justifying their inaction with whatever word in the dictionary they can land on. Money might be a challenge but it’s not strong enough a challenge to stop an entrepreneur that is burning inside with an investment or business venture zeal.  A good business case attracts money. You might just need to sell the idea, and you see money running towards you. Don’t you believe me? If you need resources badly enough you will look around and mobilise them. Of course you need to work for it, as nothing comes for nothing. My friend, if you fear mobilizing resources then entrepreneurship might not be the best place for you. Be bold – get out there and look for the resources to finance your ventures!
  • Point number 4 – Growth should be natural in a business. Do you have a genuine need you are meeting in the market? Is there a gap you are filling? Do you have a good product or service to offer? Do you know your way around the market? Can your business name ring bells when people are looking to fulfil that need or meet that gap? If your answers to these questions are yes then growth should come naturally. Mr. Entrepreneur, don’t be apologetic for being small. Start small but think big. No one will sue you or arrest you for thinking big!
  • Point number 5 – Risk taking. Now, entrepreneurship is not for people who are faint hearted. It’s not for people who wouldn’t tough risk even with a very long spoon. Business is about risk – but calculated risk. I need to qualify this because there are some people out there that I’m certain will move anyhow and expose their tens or hundreds of millions in the name of implementing a business idea, take a hard hit and later retreat. What I’m saying is this; take calculated risks. You could start by smaller risks and when you get more experienced in the art of managing risk, take bigger ones. Isn’t this good advice?
  • Point number 6 – Reward for risk. When I talk about reward some people will now start smiling. The business of an entrepreneur is to make money, while meeting needs in the market. The profit is the reward for risk-taking and investing resources including patience. This is a fundamental you cannot miss. If you want to be a charity then simply register a charity organization and ask for donations around to run your activities. Entrepreneurship is business. In this sense, you don’t need to have all negative thoughts and bad feelings for those guys who invest big, risk big and benefit or profit big. No one is stopping you from following them and making big money also. I mean making genuine money and not some business short-cuts. Good business that also takes care of the environment, because no money can be compared to nature. Do you understand me?

I think that’s it for today. Don’t just play around with that word ‘entrepreneur’. Understand it and make the best use of it, in your own interest and in the interest of humanity. I rest my case.

Best wishes – and kind regards,

The Wise Entrepreneur

102 Comments

  1. I wish to express my appreciation to the writer for bailing me out of this particular issue. Because of browsing through the world-wide-web and getting ideas that were not productive, I thought my life was over. Living without the answers to the problems you have fixed as a result of this site is a serious case, as well as those that might have in a wrong way affected my entire career if I had not encountered your web site. Your own mastery and kindness in controlling a lot of things was precious. I’m not sure what I would’ve done if I hadn’t discovered such a solution like this. I can at this moment look forward to my future. Thanks for your time so much for this reliable and result oriented guide. I will not hesitate to recommend your blog post to anyone who needs to have assistance about this subject matter.

  2. Great blog post. A few things i would like to bring about is that personal computer memory ought to be purchased if the computer can no longer cope with everything you do by using it. One can mount two random access memory boards of 1GB each, for instance, but not certainly one of 1GB and one with 2GB. One should make sure the manufacturer’s documentation for the PC to ensure what type of memory space it can take.

  3. I’ve got a new list for you all to post to. I hope you’re making good use out of these links. Thank you all for visiting my site. Have a great day!

  4. dmca says:

    Great ¡V I should definitely pronounce, impressed with your website. I had no trouble navigating through all tabs and related information ended up being truly simple to do to access. I recently found what I hoped for before you know it in the least. Quite unusual. Is likely to appreciate it for those who add forums or anything, website theme . a tones way for your client to communicate. Nice task..

  5. Enjoyed looking through this, very good stuff, thankyou . “Curiosity killed the cat, but for a while I was a suspect.” by Steven Wright.

  6. dmca says:

    You could definitely see your expertise in the work you write. The sector hopes for even more passionate writers such as you who are not afraid to say how they believe. Always go after your heart. “Experience is a good school, but the fees are high.” by Heinrich Heine.

  7. I do agree with all of the ideas you have introduced in your post. They’re really convincing and will certainly work. Nonetheless, the posts are very brief for newbies. May you please lengthen them a bit from subsequent time? Thank you for the post.

  8. Pretty great post. I simply stumbled upon your blog and wished to say that I have truly enjoyed browsing your weblog posts. In any case I’ll be subscribing on your rss feed and I am hoping you write once more very soon!

  9. SPAM says:

    Enjoyed studying this, very good stuff, regards . “Talk sense to a fool and he calls you foolish.” by Euripides.

  10. I like thejust like the valuablehelpful informationinfo you supplyprovide for youron yourin yourto your articles. I willI’ll bookmark your weblogblog and testchecktake a look at againonce more hereright here frequentlyregularly. I amI’m ratherquitesomewhatslightlyfairlyrelativelymoderatelyreasonably certainsure I willI’ll be informedbe toldlearn lots ofmanya lot ofplenty ofmany new stuff rightproper hereright here! Good luckBest of luck for the followingthe next!

  11. Normally I don’t read article on blogs, but I wish to say that this write-up very compelled me to try and do so! Your writing style has been amazed me. Thanks, very great post.

  12. You actually make it seem so easy with your presentation but I find this matter to be actually something that I think I would never understand. It seems too complicated and extremely broad for me. I’m looking forward for your next post, I will try to get the hang of it!

  13. F*ckin’ remarkable things here. I’m very glad to see your article. Thanks a lot and i’m looking forward to contact you. Will you kindly drop me a mail?

  14. I really like your blog.. very nice colors & theme. Did you design this website yourself or did you hire someone to do it for you? Plz answer back as I’m looking to construct my own blog and would like to find out where u got this from. kudos

  15. Shopping says:

    I’ve been surfing online more than three hours today, yet I never found any interesting article like yours. It is pretty worth enough for me. In my opinion, if all webmasters and bloggers made good content as you did, the net will be much more useful than ever before.

  16. Simply wish to say your article is as astonishing. The clearness in your post is just spectacular and i could assume you’re an expert on this subject. Fine with your permission allow me to grab your RSS feed to keep up to date with forthcoming post. Thanks a million and please continue the enjoyable work.

  17. I was just looking for this info for a while. After six hours of continuous Googleing, at last I got it in your web site. I wonder what is the lack of Google strategy that don’t rank this type of informative sites in top of the list. Normally the top websites are full of garbage.

  18. I have been checking out some of your posts and i can state nice stuff. I will make sure to bookmark your blog.

  19. Hey there, You’ve done a fantastic job. I will definitely digg it and personally suggest to my friends. I am confident they’ll be benefited from this website.

  20. Generally I do not read article on blogs, but I would like to say that this write-up very pressured me to try and do it! Your writing style has been surprised me. Thanks, very nice article.

  21. I just want to tell you that I’m beginner to blogging and actually liked this website. More than likely I’m going to bookmark your website . You really come with superb posts. Thanks for sharing your web-site.

  22. It’s really a great and helpful piece of information.I’m glad that you shared this useful info with us.Please keep us informed like this.Thank you for sharing. ผ้าอ้อม GOON ซื้อ 1 แถม 1

  23. Hi there! I simply want to give a huge thumbs up for the great information you have here on this post. I will be coming again to your blog for more soon.

  24. nmd uk says:

    I precisely wanted to appreciate you once again. I do not know the things that I could possibly have undertaken in the absence of these advice provided by you concerning that area. It has been the scary dilemma for me personally, but taking a look at your expert way you processed that made me to weep with delight. Extremely happier for the advice and as well , sincerely hope you comprehend what an amazing job you’re accomplishing training many others with the aid of your webblog. Most probably you’ve never got to know all of us.

  25. led shoes says:

    I would like to express my thanks to the writer just for rescuing me from this type of predicament. After looking throughout the online world and seeing ideas that were not powerful, I was thinking my entire life was done. Existing minus the approaches to the issues you have sorted out all through your good write-up is a crucial case, as well as the kind which may have badly damaged my entire career if I hadn’t discovered your blog. Your main mastery and kindness in handling the whole lot was precious. I am not sure what I would have done if I had not encountered such a thing like this. I’m able to now look forward to my future. Thanks so much for the impressive and results-oriented guide. I won’t hesitate to endorse your web page to any person who needs and wants guide on this matter.

  26. I am only writing to let you be aware of of the nice experience my wife’s princess went through checking your webblog. She discovered a wide variety of things, which include what it is like to have a great teaching mindset to get other individuals clearly thoroughly grasp specific impossible subject matter. You actually did more than people’s expectations. Many thanks for presenting the valuable, healthy, revealing not to mention unique tips on the topic to Kate.

  27. I have to show some thanks to the writer for bailing me out of this particular situation. After surfing through the the web and getting opinions that were not productive, I was thinking my life was gone. Being alive without the presence of approaches to the issues you have resolved by way of your main article is a critical case, as well as the kind which may have in a negative way affected my career if I hadn’t noticed your blog post. Your know-how and kindness in touching every aspect was excellent. I am not sure what I would have done if I had not encountered such a point like this. I’m able to at this time look forward to my future. Thanks a lot so much for your professional and effective guide. I will not hesitate to endorse the sites to any person who should have care on this area.

  28. Hello. Great job. I did not anticipate this. This is a fantastic story. Thanks!

  29. I’m still learning from you, but I’m trying to reach my goals. I certainly liked reading all that is written on your blog.Keep the information coming. I loved it!

  30. You made some decent points there. I looked on the internet for the subject matter and found most persons will go along with with your website.

  31. Keep up the wonderful work , I read few posts on this site and I believe that your website is really interesting and has lots of good information.

  32. Vehicle says:

    I just wanted to send a small word so as to thank you for all the unique techniques you are showing on this website. My prolonged internet investigation has at the end of the day been recognized with extremely good knowledge to share with my classmates and friends. I ‘d declare that we visitors are unequivocally endowed to live in a perfect place with so many special individuals with beneficial solutions. I feel truly fortunate to have used your entire website page and look forward to tons of more entertaining minutes reading here. Thanks once more for everything.

  33. I intended to compose you the very little observation to thank you the moment again on your awesome pointers you have discussed at this time. It was shockingly open-handed with you to present freely just what a few people could possibly have sold as an e book in making some money for themselves, and in particular considering the fact that you could have done it in the event you wanted. The tips as well acted to become a good way to be aware that many people have a similar zeal like my very own to find out a good deal more in regard to this issue. Certainly there are millions of more pleasant times up front for individuals who find out your website.

  34. I and my buddies came viewing the excellent advice on your website then unexpectedly I had an awful feeling I never expressed respect to the web site owner for them. All of the young men are already absolutely glad to see them and already have in actuality been loving them. Appreciate your truly being really helpful and for choosing some extraordinary information millions of individuals are really wanting to understand about. My personal honest regret for not saying thanks to you earlier.

  35. kobe shoes says:

    I just wanted to type a quick note in order to say thanks to you for all the fantastic advice you are placing here. My time consuming internet search has at the end been compensated with professional insight to talk about with my guests. I would repeat that we site visitors are quite fortunate to be in a remarkable community with so many marvellous professionals with great points. I feel very much grateful to have encountered your entire website and look forward to tons of more entertaining moments reading here. Thanks a lot once again for all the details.

  36. I truly wanted to compose a word in order to express gratitude to you for all the unique points you are giving out on this site. My time-consuming internet search has at the end been recognized with really good content to go over with my visitors. I would admit that many of us website visitors are undeniably lucky to live in a remarkable site with so many brilliant individuals with good solutions. I feel really privileged to have encountered your entire site and look forward to plenty of more enjoyable moments reading here. Thanks again for a lot of things.

  37. I and also my guys have already been looking through the good tips found on your web page and so all of a sudden came up with a terrible feeling I never expressed respect to the site owner for those secrets. The young boys were glad to study them and already have honestly been loving those things. Thanks for really being indeed accommodating and then for going for such impressive tips millions of individuals are really needing to understand about. My very own sincere apologies for not expressing appreciation to sooner.

  38. I needed to create you one little bit of observation in order to thank you very much once again about the pretty principles you have provided on this page. It’s simply unbelievably generous of you to allow unreservedly precisely what many individuals would’ve offered as an e book in order to make some dough for their own end, especially seeing that you could possibly have tried it in the event you wanted. These inspiring ideas in addition worked to provide a easy way to be sure that many people have the same dreams much like mine to figure out somewhat more with reference to this condition. Certainly there are some more fun opportunities in the future for those who look over your blog.

  39. I wish to express my love for your kind-heartedness in support of those individuals that should have help on the field. Your personal dedication to passing the solution all around had become exceedingly important and have continuously allowed employees much like me to attain their desired goals. Your own warm and helpful tips and hints means a great deal a person like me and somewhat more to my mates. Best wishes; from everyone of us.

  40. Hi there are using WordPress for your blog platform? I’m new to the blog world but I’m trying to get started and create my own. Do you require any coding knowledge to make your own blog? Any help would be really appreciated!

  41. I am not sure the place you are getting your information, however great topic. I needs to spend a while studying more or figuring out more. Thank you for fantastic info I was in search of this info for my mission.

  42. Good post. I learn one thing more challenging on different blogs everyday. It will always be stimulating to learn content from other writers and practice slightly one thing from their store. I抎 favor to make use of some with the content material on my weblog whether you don抰 mind. Natually I抣l provide you with a link in your internet blog. Thanks for sharing.

  43. After research a number of of the weblog posts on your web site now, and I truly like your manner of blogging. I bookmarked it to my bookmark web site checklist and shall be checking back soon. Pls take a look at my website online as well and let me know what you think.

  44. Hi there, You have done a great job. I’ll certainly digg it and personally recommend to my friends. I am sure they’ll be benefited from this site.

  45. I have not checked in here for a while as I thought it was getting boring, but the last few posts are good quality so I guess I will add you back to my daily bloglist. You deserve it my friend 🙂

  46. fashion says:

    Hiya, I’m really glad I’ve found this info. Nowadays bloggers publish only about gossips and net and this is actually annoying. A good blog with exciting content, that’s what I need. Thanks for keeping this web site, I will be visiting it. Do you do newsletters? Can’t find it.

  47. I am now not positive the place you are getting your information, however good topic. I needs to spend some time finding out much more or understanding more. Thank you for excellent info I used to be on the lookout for this info for my mission.

  48. fashion says:

    I have been examinating out a few of your posts and it’s nice stuff. I will definitely bookmark your website.

  49. Heya i am for the first time here. I came across this board and I find It truly useful & it helped me out a lot. I hope to give something back and aid others like you aided me.

  50. I precisely wanted to thank you so much yet again. I do not know what I would have tried without the entire tactics shown by you directly on this area. Certainly was the difficult issue in my position, however , coming across a skilled approach you resolved the issue made me to jump over joy. Now i am grateful for the advice and even pray you recognize what an amazing job you were providing teaching people with the aid of your webblog. More than likely you’ve never got to know any of us.

  51. We are a group of volunteers and starting a new scheme in our community. Your web site offered us with valuable info to work on. You have done a formidable job and our whole community will be grateful to you.

  52. fashion says:

    hello there and thank you for your information – I’ve definitely picked up anything new from right here. I did however expertise a few technical points using this website, as I experienced to reload the website many times previous to I could get it to load properly. I had been wondering if your hosting is OK? Not that I’m complaining, but slow loading instances times will often affect your placement in google and can damage your high quality score if advertising and marketing with Adwords. Anyway I’m adding this RSS to my email and could look out for a lot more of your respective fascinating content. Ensure that you update this again very soon..

  53. I like the valuable info you provide in your articles. I will bookmark your blog and check again here frequently. I’m quite sure I’ll learn plenty of new stuff right here! Good luck for the next!

  54. You made some decent points there. I looked on the web for the issue and found most individuals will go along with together with your website.

  55. Hello my family member! I wish to say that this post is awesome, nice written and come with almost all important infos. I¡¦d like to look extra posts like this .

  56. I wanted to construct a brief word so as to express gratitude to you for those superb steps you are posting here. My rather long internet look up has finally been recognized with high-quality tips to write about with my family. I would declare that we site visitors are very much endowed to live in a wonderful site with very many awesome professionals with useful secrets. I feel pretty privileged to have come across the webpages and look forward to some more enjoyable moments reading here. Thanks once again for all the details.

  57. technology says:

    There is obviously a lot to realize about this. I consider you made certain good points in features also.

  58. automotive says:

    You made some clear points there. I looked on the internet for the subject and found most persons will go along with with your blog.

  59. This site can be a stroll-by way of for all the information you needed about this and didn抰 know who to ask. Glimpse here, and you抣l positively uncover it.

  60. Shopping says:

    I would like to point out my love for your kind-heartedness in support of those individuals that must have assistance with that subject matter. Your very own dedication to getting the message all through appeared to be incredibly helpful and have continually encouraged men and women like me to get to their objectives. Your personal useful guide signifies so much to me and somewhat more to my office workers. Thanks a ton; from each one of us.

  61. I work for an organization that provides information to members on various topics. If we send a link to copyrighted web content (such as a page on the IBM web site) are we infringing on that content’s copyright? I’m pretty certain we aren’t — if you can point me towards relevant legal precedents, etc. that would be great.. Keep in mind that I’m already pretty certain that we can freely use the URLs. What I really need is legal documentation of that fact, to make our corporate attorney happy. Thanks!.

    • Clayton W. L. Mwaka says:

      This is my opinion – if you refer to any copyright material on the net, you need to acknowledge the source and owner. That should be sufficient. Nevertheless, you can consult a copyright lawyer if in doubt, just to be sure before you proceed. For this site, you are free to use any content as long as you acknowledge the source being this website. Cheers

  62. School says:

    I just couldn’t go away your web site before suggesting that I extremely loved the usual info a person supply in your guests? Is going to be back incessantly in order to investigate cross-check new posts

  63. I will immediately grasp your rss feed as I can not in finding your e-mail subscription hyperlink or e-newsletter service. Do you have any? Please let me recognize in order that I could subscribe. Thanks.

  64. I like the valuable info you provide in your articles. I will bookmark your weblog and check again here regularly. I’m quite sure I will learn plenty of new stuff right here! Best of luck for the next!

  65. Business says:

    It¡¦s in point of fact a nice and helpful piece of info. I¡¦m happy that you just shared this helpful info with us. Please stay us up to date like this. Thanks for sharing.

  66. web design says:

    I am just commenting to make you understand what a fantastic encounter my daughter enjoyed going through yuor web blog. She came to find some things, not to mention what it’s like to possess a very effective helping mindset to let other folks just know just exactly a number of problematic topics. You undoubtedly surpassed visitors’ expected results. Thanks for showing the good, dependable, educational not to mention unique tips about your topic to Gloria.

  67. UI Medical says:

    Attractive section of content. I just stumbled upon your site and in accession capital to assert that I acquire actually enjoyed account your blog posts. Any way I’ll be subscribing to your augment and even I achievement you access consistently quickly.

  68. Business says:

    My wife and i ended up being now glad Ervin managed to finish off his studies using the precious recommendations he had from your very own web pages. It is now and again perplexing just to always be handing out key points which usually other people might have been making money from. And we also remember we have the writer to be grateful to for this. The explanations you made, the easy site menu, the relationships you help to promote – it’s got most awesome, and it’s really leading our son and us understand this matter is interesting, which is certainly unbelievably pressing. Thank you for the whole thing!

  69. I am continually browsing online for tips that can aid me. Thx!

  70. My wife and i were very delighted that Albert could finish off his analysis by way of the ideas he made through the site. It is now and again perplexing to simply continually be giving out information and facts that people today might have been selling. We really see we’ve got the writer to thank for that. The entire illustrations you made, the straightforward site menu, the relationships you will help to foster – it is many amazing, and it is letting our son and the family do think that issue is amusing, and that is particularly serious. Many thanks for all the pieces!

    • Clayton W. L. Mwaka says:

      Great! We try to make the subjects informative and yet interesting and entertaining to read. Kind regards to you and your wife, not forgetting Albert. Thanks

  71. As a Newbie, I am constantly searching online for articles that can help me. Thank you

  72. Thanks for finally writingtalking about > blog_title < LikedLoved it!

  73. Automotive says:

    Excellent read, I just passed this onto a friend who was doing some research on that. And he just bought me lunch because I found it for him smile Therefore let me rephrase that: Thank you for lunch!

  74. Automotive says:

    Awsome article and right to the point. I don’t know if this is actually the best place to ask but do you guys have any thoughts on where to employ some professional writers? Thanks in advance 🙂

    • Clayton W. L. Mwaka says:

      Sorry we don’t use professional writers – but you could search online. I believe you will get some. Rgds

  75. It¡¦s actually a nice and helpful piece of information. I am happy that you shared this useful info with us. Please stay us up to date like this. Thanks for sharing.

  76. Law says:

    Helpful info. Lucky me I discovered your website by chance, and I am stunned why this twist of fate didn’t happened in advance! I bookmarked it.

  77. Wheels says:

    Keep working ,fantastic job!

  78. I just couldn’t depart your website prior to suggesting that I actually enjoyed the standard info an individual supply on your guests? Is going to be back frequently in order to check out new posts

  79. Gday there, just started to be receptive to your webpage through Search engine, and found that it’s very entertaining. I will appreciate if you decide to continue this.

  80. I’m not sure whyexactly why but this blogsiteweb sitewebsiteweblog is loading extremelyincrediblyvery slow for me. Is anyone else having this issueproblem or is it a problemissue on my end? I’ll check back laterlater on and see if the problem still exists.

    • Clayton W. L. Mwaka says:

      If you are using explorer you might get some challenges. Try other browsers. Otherwise most of our clients find no problem with the site. Rgds

  81. Heya here, just got aware about your blog through Bing, and discovered that it’s pretty informational. I’ll take pleasure in should you maintain such.

  82. I let it do that’s trait for 24 hours without resting on this permitting that to fill out as well as increase after being actually spun up, as was suggested.

  83. I just want to mention I am beginner to blogs and seriously enjoyed you’re blog site. Probably I’m want to bookmark your website . You surely have awesome articles. Kudos for revealing your web-site.

Leave a Reply

Your email address will not be published. Required fields are marked *