Tuesday, 22 February 2011

Have you personally witnessed examples of entrepreneurs starting with almost zero capital and rising to great heights


Yes!!!!!! I have witnessed, when those people emerged as entrepreneurs and succeeded, I had even made a draft of their success how they achieved, one golden rule of the success when it starts from scratch is adapting to emerging needs, changing to current trend and evolution, since a young entrepreneur starts his enterprise as a cycle vendor, grows to an automobile vendor, if the transformation does not happen, the young entrepreneur will fail drastically. Then capturing the retail market, one of my friend who started as a egg retail vendor, grew to a whole sale supplier then to establishing his own poultry, here if he had started the poultry in the first place then tried selling in retail, he might not have succeeded, the en capture of the retail market made him to determine the price of the product, making him a monopoly of the product.

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