2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16
In economic theory, there is such a thing as entrepreneurial ability. Have you ever wondered why some people catch on the fly, the first time they manage to build an excellent business, while others will stagnate for years in one place and constantly stay on the verge of bankruptcy? Is it possible that some are saved by work, patience and arrogance, while others do not? Among other things, a special innate skill is required, which is usually called "entrepreneurial ability" in the field of economists. Let's talk about that.
Where does entrepreneurial ability come from?
Ask every second inhabitant of our country about what he wants to work. Surely most will answer: leader. Universities are literally overflowing with students majoring in management. Do you think being a leader is easy? Sitin the office and solve some problems there. What if you are the head of your own business? Those who are far from these problems and have no idea what their own business is, think that everything is easy.
In fact, directors sleep very little, they turn gray early due to constant stress and solving the most difficult issues. Their head is filled only with business, they do not have time to relax or go on vacation with their family. People who have managed to build a huge holding or concern have a lot of energy and inexhaustible diligence. Their perseverance and ability to coordinate huge areas of production not so long ago, scientists singled out a separate economic resource and called it "entrepreneurial ability".
Where is it taught?
Despite the fact that there are a huge number of courses, trainings, webinars on how to set up your business, still many quickly become bankrupt and leave the market forever. And others, without any diplomas and universities, are building successful profitable plants and factories.
The entrepreneurial ability of citizens is a special gift, it is a talent, like the ability to draw or compose music. A person endowed with such a gift has many innate skills that cannot be nurtured or developed:
- great willpower;
- perseverance;
- emotional stability;
- leadership qualities;
- targeting potential customers and partners;
- the ability to assemble a team and motivate employees;
-strategic view;
- ability to analyze and predict;
- self-sacrifice in the name of an idea;
- Possession of economic thought;
- the ability to quickly concentrate and take risks.
This list is rather incomplete, because it is not in vain that entrepreneurial ability is considered in theory as an economic resource, along with capital and land.
Successful Business Resources
In order to create a successful business, it is necessary to skillfully combine and manage economic resources. There are five of them in total.
- Earth. Any plant, workshop that produces something must have resources. Today, our Mother Earth feeds us. Everything created by man was originally taken from its bowels.
- Capital. Naturally, without attracting funds, it is unlikely that any business will take place.
- Labour resources. In the modern world, almost all mechanical work is automated. But there is still a person behind the machines and machines.
- Entrepreneurial ability.
- Information that unites all resources and which plays a paramount role today.
Enterprise functions
Have you ever wondered why entrepreneurial ability is seen as a resource? Can't we do without it?
Consider this situation. We have money, we have land on which grapes grow, we even have our own wine production workshop. Hired workers, allprovided with the latest equipment, but the process is worth it. The most important link is missing - a person who will manage everything, who will introduce new technologies, master recipes, establish contacts with buyers, negotiate exports abroad, make advertisements and so on.
An entrepreneur is a person who brings together all the resources. He takes responsibility for the successful course of action, he becomes the main unit of economic relations. This expresses its first function.
The second function is related to innovation and the ability to take risks. In the modern world, success can only be achieved by someone who comes up with a brilliant business idea, which has no analogues yet. There are a lot of examples. At one time, Bill Gates also did not believe in the success of personal computers. But his merit is that he convinced the whole world of the need for a home computer.
Entrepreneurship is closely related to risk. Literally every step can bring either victory or complete collapse. Not all people can soberly analyze the current situation in order to correctly determine the course of further actions.
In what conditions do entrepreneurial abilities develop
Why is entrepreneurial ability a factor now receiving so much attention? For example, in the Soviet Union there was no such thing at all.
The thing is that in the Soviet Union there was no individual property, everything was common and state. Everything was decided by one person - the head of the country, all innovations and ideas weretop to bottom, not the other way around. Therefore, in countries dominated by state power and market monopolization, entrepreneurial ability cannot develop.
The ideal conditions are a liberal society and pure competition.
Business Factors
The following factors of entrepreneurial ability stand out:
- profit;
- entrepreneurial income.
The main motive of any entrepreneurial activity is to obtain the ultimate profit. From an economic point of view, this concept is considered as the difference between gross income and all costs. If the enterprise has no profit, then the manager will look for methods to improve performance or even re-profil.
Entrepreneurial income is that part of the profit that a person himself receives for his entrepreneurial abilities. That is, for ideas, risk, new developments, labor organization and production coordination.
An entrepreneur can dispose of profits within the boundaries of his offspring: buy new equipment, develop technology, conduct research. But he can dispose of the income himself for his personal needs.
Young Russian entrepreneurs
Hopes&Fears magazine ranked successful young people under 35 who, thanks to their talent, hard work and innovation, were able to achieve incredible success in such a difficult time:
- Maxim Nogotkov. He started his business in his student years,engaged in wholesale deliveries of telephones with caller ID. At 35, he owns the Svyaznoy network.
- Second place is shared by Pavel Durov and Vyacheslav Mirilashvili for the creation of the VKontakte social network.
- Andrey Romanenko. In my freshman year, I sold floppy disks with games. Later he began to supply plastic bags to supermarkets. In 2004, he decided to create a unique payment system in Russia, which is now known under the Qiwi brand.
What to do?
It's hard to surprise people nowadays. If you look at all the young successful entrepreneurs, it is obvious that the potential area is communications and the Internet. The latest developments are closely related to this area, and the future lies with it.
And to everyone who wants to start their own business, I would like to wish, first of all, perseverance, work, strength and patience. Running your own business is a lot of stress, and those who did not give up, who, despite difficulties and constant obstacles, managed to reach the top, those who undoubtedly achieved success.
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