Entrepreneur always been connected with the business manner. In fact in the real world, many of the businessmen did not do entrepreneur job but comfortably being as regular businessmen which they are not able to invent something new with their product, do not have entrepreneurial skills and just gradually making profit by selling and buying the ready-made product in market.
By means of full respect to the entrepreneurship spirits, the entrepreneur is someone who made up the idea, design the product, manufactured the product and selling it into the market. This kind of job required sort of skills which will help entrepreneur survive in the business world. This skill is called as entrepreneurial skills.
Definition of Entrepreneurial Skill
Entrepreneurial skills is defined as the skills that critically needed in the business and marketing in due to ensure the business going through smoothly all the consequences of the decision making and business strategy.
The skill is needed when it involves the marketing process, entrepreneurship management, financial management, client responses, business evaluation and assessment, trajectory of companies in the long term of planning and market competitive analysis.
Entrepreneurial skill also defined as the ability to create something new with value by devoting the necessary time and effort, assuming the accompanying financial, psychic and social risks, and receiving the resulting rewards of monetary and personal satisfaction and independence. [2]
One of the study states that the array of possible entrepreneurial skills encompasses the perception of economic opportunity, technical and organizational innovations, gaining commands over scarce resources, taking responsibilities for internal management and for external advancement of the firm in all aspects (of teaching enterprise). [3]
All these definition by research strongly shown entrepreneurial skills is the ability of survival of particulars entrepreneurs. Some studies already sort out several skills that needed by each of entrepreneur to ensure they are succeed in what they are doing. Skills mean autonomy to each entrepreneur.
All of them believe the power of autonomy and innovativeness in order to face the globalization and needs of customers will increase their competitiveness in business field. The skills that they have will ensure whether they were able to manipulate the surrounding to give good feedback to their business or let the gross of economy put them below the par.
The Rise of King of Communication
Many studies line up communication as the most important skills that must be completely installed and polished by each of entrepreneurs. Effective communication skill will provide a ladder to any entrepreneur to take another level of their business. Major of learning and teaching process nowadays at business school provides particular course with majorly focusing on the building the highly-impact communication skills among their graduates.
The Rise of King of Communication
Many studies line up communication as the most important skills that must be completely installed and polished by each of entrepreneurs. Effective communication skill will provide a ladder to any entrepreneur to take another level of their business. Major of learning and teaching process nowadays at business school provides particular course with majorly focusing on the building the highly-impact communication skills among their graduates.
The impact during the process to sell the idea persuades the client and give response to each customer’s feedback is the reason of communication skills always be a critical edge to decide everything. The easiest analogy to understand the urgency of communication skills and its impact to entrepreneurship is how teachers at school operate successfully as an entrepreneur in teaching enterprise.
In order to being successful entrepreneur in dealing with the client that is their student as a state-holder of particulars schools and universities, each of teachers must have the ability of effective communication skills which means they are able to express the personality as educator and to understand students so that ideas can be shared. [4]
Same goes to entrepreneur outside, the need to have highly-impact communication skill is critically endorse by the challenging surrounding and current economic environment. Business is about the competition. To perform consistently in business world, entrepreneur needs this kind of skill.
Govern Your Mind, You Will Conquer the World
Each of entrepreneurs needs the skills to govern themselves by practicing a right time management skill and self-motivation skills. Both of this skill also lining up as the most important entrepreneurial skill that must being adopted in way to ensure the business is always done in the discipline border. Without these discipline it is impossible for any entrepreneur to achieve something.
Business peoples should master in order to prioritize their schedule which means they are able to balance between the urgency of some matter by the right of time sensitivity and other working schedule.
Great entrepreneur should know better to be effective on everything they are doing regardless the meeting with client or own workers. The prioritizing of sort of schedule and tasks will remain them on the time context of particulars job and this will boost the business performance by efficiency of their working.
Each minute is counted. The world nowadays seeks for the people who are able to do couples of jobs on the shortest of time given. The formula is very easy; the more time you can save the tendency of business performance get better will highly increase.
Study also shown most of successful entrepreneur in the world manages to self-motivate in order to overcome the barrier build by them. Popular English idioms, the biggest enemy is yourself is perfectly picturing this skill that should be able grab by peoples in entrepreneur world.
Entrepreneur should see himself as great manager and he got his own class. The commitment, enthusiasm and passionate is the brothers which will make their dream in the business world become reality. This sort of skills will keep the entrepreneur on the right track to gain something in the business performance.
How Steve Jobs Sell the 1st iPhone?
Many peoples wonder when Apple became the most popular brand since 2007 after they start selling their product known as iPhone. During peoples around the world still freezing with the magnificent Nokia N98 which called as the greatest smartphone, Steve Job come out with extraordinary phone with unconventional functions and design such as full touch screen, smooth lagging time, tones of gaming and entertainment applications, powerful camera and lot more functions which rarely found anywhere such of functions on the other brands. [5]
Business experts discuss this and for the record, Harvard Business Review (HBR) once ago wrote about the impact of marketing skill done by Steve Jobs to the performance of Apple in the industry of smartphones and brands. They agree the correct moment to launch the right marketing point of particulars product is the key point of the successfulness of Apple nowadays. This is the impact of entrepreneurial skills having by Steve Jobs that driving him to make something to his business. [6]
In the business, entrepreneur should know better on how to reach their customers using the best marketing approach. The sales and marketing factor is the most important skills entrepreneurs should have in their day to day activities and development. As the year climbing the ladder of time non-stop, we could see how marketing nowadays become more interesting, challenging and endurance.
The effect of marketing through social-media networking like blog, Facebook and Twitter give tremendous change to the entrepreneurs. Whether they are admitting or not, the need to expertise in social-media marketing is also considered as an entrepreneurial skill that must been having by each entrepreneur to make sure they are able to survive in their playground.
Conclusion: Well-Rounded Entrepreneur
Current economic situation and global regression push entrepreneur regardless their age in the business world to the limit of skills and expertise. Entrepreneurs should understand why they must skill in particulars area to get through any obstacles in front of them and bringing up their business to the next level.
Skills come with knowledge and experiences. The ability to extract the knowledge they had during in the universities and experiences they had in their life is called wisdom. Entrepreneur do not ever object this statement because facts show only smart and well-rounded entrepreneur could have the chance to be extraordinary among others and their business performance is tremendously unconventional in terms of profits and success.
References
[1] Wikipedia: A group of ideas around entrepreneurship. PDF
[2] Hisrich, Richard D. & Peters, Michael P., (2002). Entrepreneurship.Boston: McGraw-Hill/Irwin
[3] Kilby, P. (1971). Hunting the Heffalump in P KILBY ed. Entrepreneurship and Economic Development.pp:1-40. New York: The free press
[4] Adeyemo, SA. (2009). Understanding and Acquisition of Entrepreneurial Skills: A Pedagogical Re-Orientation for Classroom Teacher in Science Education.
[5] Kenneth L., Greg L., & Jason D. (2011). Capturing Value in Global Networks: Apple’s iPad and iPhone.
[6] Harvard Business Review: The Real Leadership Lessons of Steve Jobs.
Side Note: This is my paper writing for Engineering Management (Individual Project) subject. Any comment for facts-check is really appreciate.
[2] Hisrich, Richard D. & Peters, Michael P., (2002). Entrepreneurship.Boston: McGraw-Hill/Irwin
[3] Kilby, P. (1971). Hunting the Heffalump in P KILBY ed. Entrepreneurship and Economic Development.pp:1-40. New York: The free press
[4] Adeyemo, SA. (2009). Understanding and Acquisition of Entrepreneurial Skills: A Pedagogical Re-Orientation for Classroom Teacher in Science Education.
[5] Kenneth L., Greg L., & Jason D. (2011). Capturing Value in Global Networks: Apple’s iPad and iPhone.
[6] Harvard Business Review: The Real Leadership Lessons of Steve Jobs.
Side Note: This is my paper writing for Engineering Management (Individual Project) subject. Any comment for facts-check is really appreciate.
