What are the needs of an entrepreneur?
“Work gives you meaning and purpose and life is empty without it.” – Stephen HawkingObligations work as a commitment to fundamental values. Ideally, all stakeholders should agree upon a value system. A company has a duty to its stakeholders to make a profit, but its primary obligation is to act in a socially responsible manner. Obligations kick in when a business has an obligation to society. This obligation is part of its purpose to produce offerings according to consumer needs. Entrepreneurs feel a responsibility to help their community of users, employees and investors. It feels like an obligation to a community, neighbourhood or geographic area. Founders are obliged to earn a living to provide for a family, or to continue the legacy of a family business – and they are obliged to themselves. What talents do you need to build a business? Talented entrepreneurs seem to do things they have no experience in with the utmost ease. The talents that you need in entrepreneurship are personal strengths and the routine to prioritise those strengths. Talent is linked to the personality that determines the motivation you have and the resilience to be good at it. Business talent is an attitude towards personal and team intelligence, as well as the social intelligence to get help if you don't have the talent for something. You become talented by identifying your skills and putting yourself in a position where you can use them. Setting up a new venture is not always about having skills, but rather about having the guts to try something new. After trying something, entrepreneurs can verify where their talents lie. It’s a common belief that people with talent are born with it, but it’s more about motivation and a willingness to pursue that motivation and the opportunities given.