The entrepreneur is that person or individual that is creative and innovative and also has the mind of solving and finding solution to the problems faced by people in the society. Entrepreneurship development has result to the discovery of solutions to issues arising from business and the economy as a whole. Especially the small and medium enterprises. Some of the best entrepreneurship may lnclude the following
Business management skills
The business management skill has to do with the running of the day to day transactions of a firm or industry. The management of the production of goods and services both the total number of quantity demanded and the total quantity supplied in a specific period of time. This skills put into consideration the maximisation of profit because every business that is establish is establish with the sole aim of making profit this entrepreneurship skill is required and needed to succeed in any organisation
Team work and leadership skills
Team work and leadership qualities are very important in any organisation because this skills can drive the company to greater levels and increase the goals and aspiration of the organisation to excellence.
The team work concept which is
T - together
E - everybody
A -achieve
M - more
This concept if applied to any company or organisation the growth will increase through motivation all the work force will put in their best to meet up with the agenda of the company at the end of the day the leadership of the organisation will be saddle with the responsibility of making decision for the over all benefit of the human resources available in the company the welfare of workers must be put into consideration for optimal performance.
Communication and listening skills
The communication and listening skills is very important is driving the marketing aspect of the business knowing how to talk efficiently and effectively is major to persuade customers to your company it could be through the media or physically. The importance of marketers can not be over emphasise they are the ones the engages the general public and make known of their product without a good and effective communication skills this will not be possible to achieve. They advertise the product or services of the company and expose the product in the market for every one to see and buy this will increase the sells of the product and subsequently increase the revenue level of the organisation.
Critical thinking skills
This type of skill is one of the important skills needed to grow and survive in business . this involve research and development knowing the trend of product and services and also finding way to improve and improvise new strategy of further develop the product and services rendered by the organisation. It could be in form or on a job training or special course attended to develop the thinking capacity of employees in the company this is usually done periodically and annually to meet up with new ideas that coming into the industry.
Planning skills
This skills involve planning and development it is the back bone of the business and organization because if you fail to plan then you have plan to fail. Every business strategy involves planning and execution before the benefit can be seen planning is very necessary to survive in business. It could a shot term plan or long term depending on the expected investment and the expected profit to be gain in the business plan long term plan mostly require huge capital to meet up with the revenue while short term plan mostly deals with little capital. No matter the type of plan short or long if implemented efficiently can increase production and revenue of an organisation.
Financial and customer service skills
Financial skills involve knowing how to calculate and account for cash and transaction being done in the company checking and balancing the entire transaction for effective management of the records of the financial activities carried out by the organisation this skill thus can accounting or statistical in nature having this skill is a plus to the company because there will not be problem encounter in resolving huge business deals that involve huge amount of money. And most be calculated accurately to avoid mistakes in figures and statistical method.
In conclusion the above are some of the best entrepreneurship skills. And if applied efficiently and effective the organisation or company is on it way for greater level and the production of goods and services will increase to the optimal growth and the gross domestic product of the country at large will increase and every household will have plenty to feed and also invest the little they may have.
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