Attitudes and Entrepreneurial Insights

Attitudes and Entrepreneurial insights described in the TRILOGY, that is the unity between IDEA, FEEL and WISH to bear a CREATION.

IDEA

• Is the idea, reasoning, vision that one has to produce a work.
• Also called imagination, which is a positive image as a result of the decision, which becomes an expectation and eventually gave birth to the idea.
• Having a positive image, because the desired location in entrepreneurship is something positive, feeling optimistic, confident will be successful and ready to face challenges.
• Hope to get something better is what encourages people to think hard to create ideas.

FEEL

• Is feeling, intuition, instincts associated with hopes someone who wants to achieve.
• Also called BUSINESS SENSE that has a big role for business success, because to increase motivation and confidence.
• Business sense can come from the descendants, the rule can be established because of the environment and experience.
• Novice entrepreneurs will have more business sense low when compared with experienced entrepreneurs. EXPERIENCE is the best teacher to predict and cope with business risks.

WISH

• Is the willingness / seriousness someone to manage a business / business activities.
• Also called as Mental attitude, that is physical and mental endurance that one has in dealing with various business risks.
• Business risks can be divided into three: physical risk, economic risk and moral risk.
  
  • Physical risk is the risk associated with facilities and infrastructure required to manage the business. For example the location, facilities / equipment, transportation, etc..
  • Economic risk is the risk associated with profit and loss, for it is necessary to attempt to predict and cope with risks to avoid losses.
  • Moral risk is the risk associated with human feelings as a creature of God. For example feeling worried, hesitant, shy, etc..

CREATION

• Is a product (goods / services) generated from a combination of Idea, Feel and Wish.
• There are 3 types of Creation:
  
  1. The results of innovation (new products).
  2. The results of Creative (repair / improvement of existing products).
  3. Produk artificial / imitation.

Entrepreneurial TYPES:

1. According expertise:
   
   • Entrepreneurial expert
   • Entrepreneurial Business
   • Entrepreneurial manager
   • Entrepreneurial Social. Ex. leader of the tender, contractor.
2. According to its business:
   
   • Entrepreneurial trade
   • Industrial entrepreneurs
   • Entrepreneurial services
3. According to the size of:
   
   • Major entrepreneurial
   • Entrepreneurial middle
   • Small entrepreneurs
4. According to the distribution channels:
   
   • Producer
   • Distributor
   • Retailer.

Ok, so enough time had this discussion. Please wait a discussion the other subjects of my next :).-regards-