Essential elements for entrepreneurial success
Failure is always different; truth is always the same; the pattern is always inter-linked.
For those who are committed to entrepreneurial success, it is required to work for others five to ten years whole-heartedly, then start to consider if you are willing to start up a business, if you are capable of running a business. At this time, your judgment is relatively accurate and rational.
While working for someone else, you must treat your work in the same way as the boss treats his or her own business. Real life experience shows only those dedicated workers has one to two percent chance of success in entrepreneurship.
Someone says one can only devote passion and heart if one is working for one’s own business. I tell you, this kind of person is not qualified to be a boss. Successful entrepreneurs in all walks of life have different backgrounds, but there is one thing in common – they are very devoted as workers, students, employees and partners. It is easier to observe one’s true character while working for others because you are most likely to have an unbalanced state of mind – I have paid so much, but gained so little, why? Is it just ethical standard or human nature? This is related to the most basic personal characteristics required by the success.
Sacrifice, dedication, enthusiasm, perseverance, only after having possessed these qualifies can one endure ten to twenty years to develop over time into a habit of tolerance, turn youthful aggression into the passion for business. For the sake of business success and collective interest, let one’s small enterprise go beyond the city, the industry, to the country and the earth. Treat your business as part of a larger group in consideration of the overall situation. Your business can be successful only if your strategy is agreeable with overall interest of the society, the people, with all stakeholders involved.
One final essential element is the faith – the core element that you can not live without. What do you believe? – Money, celebrity, glory? Without these universal values, your spiritual world would be very pale.
The market economy does not believe in tears. It has iron-clad rules consistent with rules set by the society. If we do not understand the truth of entrepreneurship, if we do not have the basic qualities, it is too early to talk about business.
- by Mr. Huang min, Chairman of Himin Solar Corporation’s speech excerpt, uploaded in April 2011
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And I thought I was the sensible one. Thanks for setting me starihgt.