There are two types of entrepreneurs; you can be either one that does business by default or one that does business by design. You can manage your firm from one crisis to another as you do guess work; or you can run your enterprises from one opportunity to another.
Also, you can design your business and achieve your business plan or allow it to just run with events of economy. It is your deliberate choice that counts, eventually. Being deliberate about your enterprise is an opportunity to take your business in a great direction.
Every enterprise has the opportunity to create wealth and excel but it takes design and not default. If you are stuck, reach out to people around you whose business are designed and flowing in opportunities or get a consultant to help out. You may send me mail via the email above with questions to help.
There are opportunities everywhere and people are opportunity medium in business. An opportunity is an occasion, a situation that is favourable for the attainment of a business goal. “Opportunity is literarily Time” Sam Adeyemi.
The challenge of some entrepreneurs is that of inability to recognise opportunity; while others misuse theirs. Sometimes entrepreneur focuses on money and losing relationship that can creates opportunity for accessing money in near or long time. Can you remember someone who embarrassed the person who could have recommended her for a business opportunity? Every time you have opportunity, how did you respond? Time is opportunity and people are the medium.
Well, because time is opportunity makes every entrepreneur open to opportunity. However, time becomes assets only to those entrepreneurs who recognise and maximise opportunity. Recognition is about perspective; which means what you see and how you see. Two entrepreneurs view the same social and economy issues differently. Some entrepreneurs see problems, others see solutions.
For you to recognise opportunity in any economy and society, you need to have positive outlook to live and the society. If your mind is filled with impossibility, fear and negativity your perspective will be failure. However if your mind is filled with great belief, you will recognise opportunity for business expansion.
The moment an entrepreneur positioned in such a way that she believes that her business situations can be better she will recognise the opportunities that will improve the business situations and create wealth. Conversely, if her mind is filled with a history of her business past failures and disappointments from people, banks, and government policies she will lack energy to cross the red sea into her Canaan land. Meaning she will not make progress in business.
Dear entrepreneur, if you see a future filled with excellence, wealth, and global value addition when you come across such opportunities you will recognise them.
The first step in recognising opportunity is to create a picture in your mind.
When I wanted to purchase a car among the first thing I did was to search for the picture and think about the advantage such as low fuel consumption and design. A model of Toyota came up in my mind and for weeks where ever and whenever I see the car driven, I recognised it the visual picture on my mind.
Likewise, you need to have the picture of positive business situation then you can recognise opportunities to make it your reality when it shows up either in form of consultant, investors, training and mentoring.
Therefore, faith is the basic force to step out into new reality of the business. For entrepreneur, faith comes by hearing and hearing in your mind the stories and experience of possibility.
Another step to recognising opportunity is preparation.
Success happens when preparation meets opportunity. There are two dimensions to preparation, which are character and skills. When you take time to develop self-discipline and self-control, which are products of spiritual intelligence you will be prepared for higher opportunity.
An entrepreneur, starting out, must need develop delay gratification as a form of character to priorities and beat the trap of self-centeredness.
Skills development and application helps in recognising opportunity. When you are trained in leadership skill, the better the competence, the easier it is to recognise opportunities. Skill is the ability, coming from one’s knowledge, practice, and aptitude to do something well; Competent excellent. [Encyclopedic unabridged dictionary of English language]
Finally, I will encourage you to have a flexible mind as this helps in recognising opportunity. It is time to get rid of biases and prejudices otherwise you will miss opportunities. Go ahead and create a better picture for your enterprise, prepare for the picture you created by developing your relational skills, develop leadership skill, build your technical competences. Be courageous!
Victor Mamora
