Entrepreneurship is about problem solving

Entrepreneurship is about problem solving

For individuals who is keen an entrepreneur and start a business, always remember that being an entrepreneur means to constantly be on the lookout for problems that can be turned into opportunities, and finds creative ways to leverage onto them using the limited resources at their disposal. 

You can start a business based on your passion, as passion is the primary sources of energy that will give you the motivation to operate your business in joy and happiness. 

However, creativity and problem solving are the main factors that differentiate your business from other competitors, giving the consumer the reason why they should spend their money on you and even pay you more. 

The competitive edge of your business is directly proportional to the quantity and quality of the solutions you provide to your consumers. 

Therefore, never start a business being blinded with passion, yet without considering the problems that the business can help to solve. Chances are, you will fail very soon, due to the saturation of the market, as business with little or no competitive edge won’t last.

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