Entrepreneurial small capital is a dream of everyone who wants to go into business. This is particularly envisioned by those who have limited capital, but intend to live independently without fettered by the world of formal employment.
Interest to plunge into entrepreneurial small capital is very attractive to people lately. There are several reasons why the option is increasingly popular, and some even make it as one of their current orientation after completing his studies in school. This condition is much different from the orientation of the youth in the era of 90s, who aspire to work at a specific company after graduation.
One cause of this is the shift in the orientation of the global economic turmoil that led to many large companies must rationalize their efforts. Such as by limiting the number of employees who applied to the reduction of the workforce, as well as reducing the recruitment of new employees.
As a result, many new emerging unemployment in the country. Most of them then choose to create their own business field by selecting a small entrepreneurial capital. This phenomenon is especially prevalent since the start of the economic crisis in 97an. Reasons for Choosing Entrepreneurship
Being an entrepreneur, is no longer an option embarrassing. This is evident from the increasing number of young people who choose not to seek employment in existing companies. They actually strengthen the determination and desire to be creative through a variety of ideas for creating a business that is in accordance with the capabilities and available capital adequacy.
This condition is certainly very encouraging. Therefore, indirect selection for independent attitude among the younger generation can help the government reduce unemployment. Another impact that can be felt is opening wider employment.
But in general, there are several reasons a person chooses the path of entrepreneurship small capital as their life choices. Some of these reasons include:
The existence of the independence of working time because it is not bound by the rules that exist, as if we are working in a company. Rules and discipline are applied, determined and adjusted to the needs of the entrepreneurs without having to depend on others.
Opportunity to determine the level of income according to our wishes. An entrepreneur, the right to determine the profit margin for the work they perform. There are no rules in the game of business, on what level of profits that may accrue an entrepreneur. An example is in determining the selling price of a bowl of meatballs. A trader meatballs which already has many fans, has the right to sell a bowl of meatballs with price Rp. 10,000 per bowl. Even though in general, the price of a bowl of meatballs average is Rp. 5,000. This is what is meant by freedom determine the level of income.
The imbalance between the availability of employment with the number of job seekers. Each year, hundreds of thousands of graduates produced by universities, while on the other hand, the number of companies that need new employees is not too much.
Untapped opportunities to be a great opportunity to become a pioneer of the business. An example is the fast food business which had become one of the favorites among prospective business entrepreneurs.
In addition to the fourth reason, there are still many other reasons which are owned by entrepreneurs so they prefer to go into business rather than having to go into the working world. Among them are heredity, which is to continue the family business which has been running. Usually, the reason is found in those who do have a family background of entrepreneurs. The hallmark feature of Employers Tough
The characteristics of entrepreneurial capital in small businesses including being a risk taker and has a high confidence. An entrepreneur is a person who is very driven life, driven Westerners said. Individuals generally do not require external motivation, and he was able to do a lot of multi-task. To achieve what it sets out to do, the employer show persistence and keen attention to the details.
One of the most obvious characteristics of an entrepreneur is to be a risk taker. When a business person out on his own and is determined to achieve the goal in its own way, there are no guarantees. The risk that employers need including financial damage aka bankrupt, destruction of reputation, and messy life. For many people, this alone is enough to prevent them to become businessmen and entrepreneurs.
Self-confidence is easily identifiable characteristics of entrepreneurs. This is often necessary because employers generally try to be successful with a new idea. People tend to be skeptical of the ideas that have not been proven to work, or when the person they consider to be a regular effort to do great things. As a result, employers usually have to get a lot of support from inner resources.
Entrepreneurs tend to be very driven person. Unlike the people who used to work as an employee, the employer does not require the threat of consequences for doing what needs to be done. Most do not need others to encourage them to act on their ideas or to keep them motivated. Someone with an entrepreneurial spirit to work towards the goal with self-generated sense of urgency.
Usually there is a long list of tasks to be completed by him, if the purpose of an entrepreneur is to be realized. Some people may be lucky enough to have someone else to whom they can delegate a lot of responsibility. In many cases, however, one must rely on his own until he reaches a certain level of success. Given this, the characteristics of entrepreneurs including the workhorse and has a strong ability to multi-tasking. Entrepreneurial Tips Understand Understanding Mental Capital and small entrepreneurs
For those who want to plunge into the entrepreneurial small capital, would have to have a good preparation. This is because of the limited use of capital that must be carefully and precisely in order to reduce waste.
There are several strategies that can be used in order to achieve success in the entrepreneurial world of small capital. Some of these strategies include:
Focus Focus in the business means we have to determine a definite choice. Do not let us get caught for trying to do business in many ways that are not related to each other. Thus we can master an in-depth business, not just a half-half alone.
Something unique that will cause a sense of unique interest from others. In this way, businesses that unique look will make it easier to attract consumers. If consumers are keen to enter into a business that we wake up, then we need to do would be easier to influence consumers to become our regular customer.
Cheap One strategy for winning the competition is to put low price on the products we offer. Cheap here does not mean we have to lose. However, we must create a system that could make the end price of our products is lower than the price offered by a competitor. Such as by reducing the distribution chain, lower production costs, or also to minimize the profit margin to be achieved. Choosing the Entrepreneurial
Determining the type of entrepreneurial small capital we have the right sort. This is to minimize the obstacles that may occur so that it can avoid the inefficiencies in the business. To select the type of business, which should be done include:
Choose a business that suit our expertise. Thus, we run a business that can offer competence to customers.
Invite your partner if we are not confident with your choice of our business.
Do not get carried away emerging business trends, because it will only lead to the development of our business was slow.
Immediately stop or change if the business has begun to appear symptoms of loss. This is due to the limitations of their capital in order not to cause great harm