In economic theory, there is such a thing as entrepreneurial ability. So you didn’t think about why some people catch on the fly, the first time they manage to build an excellent business, while others will stagnate in one place for years and constantly stay on the verge of bankruptcy? Can one save labor, patience and arrogance, while others do not? Among other things, a special innate skill is required, which is commonly referred to in the field of economists as "entrepreneurial ability." We’ll talk about this.
Where does entrepreneurial ability come from?
Ask every second resident of our country about who he wants to work. Surely the majority will answer: a leader. Universities are literally crowded with students studying in the specialty "management". Do you think it's easy to be a leader? Sit yourself in your office and solve some problems there. And 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, they think that everything is easy.
In fact, the directors sleep very little, they turn gray early due to constant stress and the solution of complex issues. Their head is clogged up only by 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 hard work. Not so long ago, scientists dedicated their perseverance and ability to coordinate huge areas of production into a separate economic resource and called it "entrepreneurial ability."
Where is this taught?
Despite the fact that there are a huge number of courses, trainings, webinars on how to establish your business, still many people quickly become bankrupt and leave the market forever. And others, without any diplomas and universities, are building successful profitable factories 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 it is impossible to educate or develop in oneself:
- tremendous willpower;
- perseverance;
- emotional stability;
- leadership skills;
- targeting potential customers and partners;
- the ability to assemble a team and motivate employees;
- strategic view;
- the 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 the theory considers entrepreneurial ability 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 in total.
- Land. Any plant, workshop, which produces something, must have resources. Today our mother Earth feeds us. Everything created by man was originally taken from its bowels.
- Capital. Naturally, without raising funds, hardly any business will take place.
- Labor resources. In the modern world, almost all mechanical labor is automated. But people still stand behind machines and machines.
- Entrepreneurial abilities.
- Information that combines all resources and which today plays a paramount role.
Enterprise Functions
Have you ever wondered why entrepreneurial ability is seen as a resource? Can't you do without it?
Consider this situation. We have money, there is land on which grapes grow, we even have our own wine production workshop. Workers are hired, everything is provided with the latest equipment, but the process is worth it. What is missing is the most important link - the person who will manage everything, who will introduce new technologies, master recipes, establish contacts with customers, arrange for export abroad, make advertisements and so on.
An entrepreneur is a person who unites all resources. He takes responsibility for the successful course of action, he becomes the main unit of economic relations. This expresses his first function.
The second function is related to innovation and the ability to take risks. In the modern world, success can be achieved only by one who comes up with a brilliant idea of business, 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 linked 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 skills develop?
Why is entrepreneurial ability a factor that is currently 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 general and state. Everything was decided by one person - the head of the country, all innovations and ideas went from top to bottom, and not vice versa. Therefore, in countries where government dominates and monopolizes the market, entrepreneurial ability cannot develop.
Ideal conditions are a liberal society and pure competition.
Business Factors
The following factors of entrepreneurial ability are distinguished:
- profit;
- entrepreneurial income.
The main motive of any entrepreneurial activity is to make a final profit. From an economic point of view, this concept is considered as the difference between gross income and all costs. If the company does not have profit, then the manager will look for methods to improve performance or reprofile in general.
Entrepreneurial income - this is that part of the profit that a person receives for his entrepreneurial abilities. That is, for ideas, risk, new developments, labor organization and coordination of production.
The entrepreneur can manage the profit within the boundaries of his brainchild: buy new equipment, develop technology, conduct research. But he can manage the income himself for his personal needs.
Young entrepreneurs of Russia
Hopes & Fears magazine ranked successful young people under the age of 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 the wholesale supply of telephones with caller IDs. At 35, he owns the Svyaznoy network.
- The second place is shared by Pavel Durov and Vyacheslav Mirilashvili for creating the VKontakte social network.
- Andrey Romanenko. In his first year, he sold floppy disks with games. Later he began to deliver cellophane bags to supermarkets. In 2004, he decided to create a unique payment system in Russia, which is now known under the brand name Qiwi.
What to do?
Nowadays, it’s hard to surprise people with something. 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 everyone who wants to start their own business, I want to wish first of all perseverance, work, strength and patience. Doing your own business is a lot of stress, and those who did not give up, who, despite the difficulties and constant obstacles, were able to get to the top, those undoubtedly achieved success.