• September 11, 2022

Basic principles for young entrepreneurs who start businesses on their own

Currently the world economy is experiencing a state of uncertainty, including many countries that experienced financial crisis. Uncertain current economy, which causes a lot of inflation in the values ​​of currencies that translate into economic instability. Many adverse effects caused by an unstable world economy: companies that cover many, many workers are on fire, which increases unemployment.

Entrepreneur of choice for those who experience less than pleasant circumstances like the above, they generally do their own business with resource management according to their abilities and skills that they possess. There are several basic principles that should be kept in mind when starting your own business so that you do not experience difficulties and stress while running it.

The basic principles contained in entrepreneurship that, among other things, how to build a strong and creative character, innovative, intelligent, independent, productive and capable of taking advantage of opportunities or resources. Therefore, with a broad understanding that, then, the development of the entrepreneurial culture must be transversal, not business or pure effort.

The young generation should be encouraged to be able to change their mindset and thought patterns. During this time, what appears on the surface is the phenomenon of ‘instantaneous generation’. The young generation usually dreams of quick success, rich and famous. It can be evidenced in the emergence of various talent events as a singer or artist who always invaded thousands of enthusiasts.

Now is the information age that has very high individual competition. We want a new generation to be born with many champions in innovation and application of technology in order to manage the abundant resources. Therefore, it can be reduced, thought the younger generation who always wants something instant, including money and success.

Success is not measured only by the achievement of nominal value, indicator of accumulated material or object that is obtained only, however there are many factors that can indicate the success of a business, among others: if we build a business that can benefit the family and the environment in which we live in reducing unemployment and improving the economy of those closest to us.

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