Wednesday 25 May 2016

Olubunmi Akinyemi - Qualities An Entrepreneur Must Possess

Olubunmi Akinyemi is an experienced businessman and entrepreneur, having founded companies in both Nigeria and the United States, both of which have gone on to enjoy success. Entrepreneurs are practically always exceptionally talented individuals who possess all of the following qualities that make them perfect for the role.

Vision

The ability to take an idea and see how it can be grown into a successful business is something that every entrepreneur needs to have. They must be able to spot potential where others may not be able to and envision ways to reach the eventual goal of taking what seems to be a small idea and turning it into a business that could later become profitable.

They Enjoy Themselves

Staying motivated plays a large part in the success of any business, so it is crucial that entrepreneurs have passion for whatever they do. No project or idea will get off the ground if the person behind it is not able to demonstrate enthusiasm. A lack of motivation can cause all sorts of issues when trying to obtain funding, while also making the entrepreneur less willing to really chase the idea.

They Plan Well

Olubunmi Akinyemi created comprehensive business plans before forming his companies, which he then used and revised as the businesses expanded. While the initial ideas that entrepreneurs experience often come from flashes of brilliance, it takes a lot of hard work and planning to bring everything to fruition. Entrepreneurs must be willing to take the time and make the effort to plan every move they intend to make.