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This Is How You Can Become An Entrepreneur (It’s Easier Than You’ve Imagined!)

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This Is How You Can Become An Entrepreneur (It’s Easier Than You’ve Imagined!)

Becoming an entrepreneur starts with a mindset. You may be tired of working for others and want to start your own thing, or you want to make a difference in our world. Whatever the reason that drives you to embark on an entrepreneurial journey, it should be strong enough to keep you going during the challenges that you will be faced with.

The good thing is that to become an entrepreneur you don’t need some kind of special qualification or high and mighty friends to set you on the journey. What it actually involves is this:

Ask yourself if you are really willing to do the work

Many think that being your own boss means more independence and freedom to do whatever you want. But entrepreneurs work harder than many average employees who simply wait for their paycheck to arrive. If you want to succeed as an entrepreneur you have to love to work and put in the energy it takes to succeed.

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Check that your business will add value to people’s lives, and that there’s a market for it

Being an entrepreneur goes deeper than simply following your passion. Ask yourself, how will what I love doing add value to people’s lives? Is it something that other people will be willing to part with their money for?

Develop experience

Being an entrepreneur means you need to be knowledgeable in many areas involved with owning a business. It goes beyond simply having a skill. You should be curious and willing to learn. Do jobs that will offer you learning experience- as there is so much to learn, from financial resources to legal matters, and more.

Write a plan

Having a plan offers you direction and purpose. It means you have a strategy and you are willing to go the extra mile to make your dreams work. If you don’t have a plan, there really is no proof that you are committed to being successful as an entrepreneur.

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Execute your plan

Successful entrepreneurs don’t procrastinate. They take action, because action is what will see you succeed. Follow up on your plan by doing what needs to be done. Along the way you should definitely be adaptable and flexible in order to navigate the challenges that you will be faced with. But this is also the fun part of being an entrepreneur.

Develop your skills as a salesperson

The focus in entrepreneurship is on selling. All successful entrepreneurs are great salespeople, and you should be too. Learn how to sell what you think is a great product/service. Make sure that you have the right attitude because people will not be paying for your product/service alone- they will also be paying for a relationship with you.

Acquire a mentor

Mentors are like compasses who help steer you in the right direction as you navigate the path to success. Mentors offer you advice and support in getting you to your desired destination as an entrepreneur. As you move along the road of entrepreneurship you will realize how important relationships are. The best relationship to start with if you want to make yourself a successful entrepreneur is a relationship with a great mentor.

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Gather a great team

As you go through the process of being an entrepreneur, you will understand that there are many things you cannot do on your own. You need the help and support of others to help your dream become a reality. This is where hiring comes in to play. You have to get the right personnel to help you implement the goals of your business.

Plan for problems

Know that it is a rough road. Success doesn’t come easy. You have to believe in possibilities. Along the way there will be challenges: getting more money to run your business, fighting competition, facing your clients and impressing them, hiring the right personnel, and being creative throughout the entire process. You need a lot of optimism and foresight to guide you over the hurdles.

But also remember that being an entrepreneur is fun. You become your own boss, you learn a lot of skills in the process, you meet a lot of people, and add value to the lives of many. Plus, you build a legacy that can be passed on to your children.

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So, if you want to be an entrepreneur- just get started!

Featured photo credit: http://www.compfight.com via compfight.com

More by this author

Casey Imafidon

Specialized in motivation and personal growth, providing advice to make readers fulfilled and spurred on to achieve all that they desire in life.

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Last Updated on January 13, 2022

15 Best Places for Expats to Live (And Why)

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15 Best Places for Expats to Live (And Why)

Many of us dream of living abroad but can often be scared to make such a big change to our routine lifestyles and leave our home countries behind. Daunting as it may be, living abroad can be a rewarding and fulfilling endeavor and can give you the quality of life you have been looking for.

From a warmer climate to a more easy going way of life, there are many foreign countries favored by expats who stay for a long time – and sometimes forever. Taking into consideration livings standards, opportunities and social aspects, here are our top 15 best places to live as an expat and why.

1. Thailand

A hot spot for expats, the ‘land of smiles’ as it’s commonly known offers expats a tropical climate, a huge array of sandy beaches and islands to explore, and a rich culture. The cost of living in Thailand is extremely low, and when combined with the friendly tax system means that disposable income can be very high.

Bangkok, Thailand’s capital city, offers expats great employment opportunities.

2. Switzerland

Another popular destination for expats, Switzerland offers exciting employment packages and a high standard of living. It’s great for those who love the outdoors, as there are many beautiful lakes, mountains to hike in and skiing in the winter. The school standards for expats are also excellent, making it appealing for those with children. English is also widely spoken so day-to-day living can be stress free.

Unemployment in Switzerland is low and expats moving here don’t need to worry too much about finding a job before they arrive.

3. Australia

Many foreigners who visit Australia don’t want to leave as it offers a great quality of life, beautiful beaches and a warm climate. Making friends in Australia is easy too, due to the lack of language barrier and the large number of expats who already live here. Australia is a great place to move to if you have children because of its wide range of schooling possibilities and recreational outdoor activities.

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Low population levels and high quality of life are two of the main reasons expats choose Australia as a place to live.

4. Singapore

Expats in Singapore can benefit from generous financial packages, great career opportunities and low tax rates. Although education is expensive here, it is rated one of the top places for raising children abroad due to the quality of the education system and the array of schools.

Public transport such as buses and MRT (Mass Rapid Transit) are cheap and very reliable in Singapore.

5. South Korea

South Korea offers expats a unique range of opportunities and a very different way of living. Jobs for expats are easy to find and usually very well paid, with apartments provided by the employer on the most part making living costs even lower. There are also many tight-knit expat communities in South Korea, making it easy to socialize and meet new friends. The excellent education system is also a pro for families wanting to move to this culture-rich country.

South Korea has a cheap public healthcare system and offers great medical care, with most doctors speaking English.

6. New Zealand

New Zealand is constantly on the lookout for skilled workers to expedite to the country – especially those under the age of 30 – and skilled migrants can be granted a stay for up to five years. It offers a good climate and although income levels can be lower than other countries, quality of life is high, with its awe-inspiring scenery, low crime rate and state sponsored healthcare.

New Zealand is great for those looking for a laid back and active outdoors lifestyle.

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7. Canada

Its national healthcare system, friendly locals and very high quality of life are just a few of the reason expats choose Canada as a place to live. It’s very welcoming to expats and skills shortages encourage foreigners to move here in order for the country to grow economically. It’s easy for expats to feel comfortable quickly in Canada due to its multicultural environment.

Canada was largely unaffected by the economic crisis, making it a very popular country for expats.

8. Qatar

Qatar is becoming increasingly popular among expats with an estimated 500 new arrivals every day. The salaries are generous and are tax free too, making disposable income very high. Car and housing allowances are part of many remuneration packages, and education for your children and airfares are often included.

The cost of living is lower in Qatar than in other UAE countries but salaries can still be just as generous.

9. Hong Kong

Where east truly meets the west, this bustling island has a population of over seven million people. If you’re looking for a fast-paced environment and an active nightlife, Hong Kong is definitely the place to be. Benefits for expats include its advanced healthcare system and elevated standards of schooling for children, along with great employment opportunities. The cost of living in Hong Kong can be high, so trying to negotiate a housing allowance with your employer can be beneficial.

Hong Kong is great for those looking for high incomes and career advancement.

10. Japan

As an expat destination, Japan offers a rich culture and a chance to experience a very different day-to-day life. Currently around two million expats live in Japan, and in the larger cities such as Tokyo a large portion of the population speaks English. English speakers are also in demand and there are a large number of opportunities for language teachers, especially in the capital.

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Japan offers a high standard of living for expats and a good education system for those with children.

11. Spain

Spain is a very popular destination for expats due to the high temperatures and year-round sunshine. EU residents don’t require a visa to work here, meaning the move can be a lot easier. Skilled foreign workers also continue to be in demand with jobs such as engineering, customer service, skilled trades and language teachers widely available.

A huge 14% of Spain’s population are expats from a variety of foreign countries.

12. Dubai

Two of the main attractions of moving to Dubai are the tax-free salaries and the warm climate. Some of the most popular jobs for expats are in construction, banking, oil and tourism. You can also enjoy a busy social life in Dubai as the expat community is thriving. Although it can be an expensive country, the tax-free salary means you experience a higher quality of life than in other countries.

You will need a work permit, residence visa and an Emirates ID card to live in Dubai as an expat.

13. Germany

Germany is one of Europe’s most populous countries, with around 82.4 million people. It’s a lively and inexpensive country to live in as an expat, and if you have children the education system is great and healthcare is to a high standard. An estimated 250,000 expats live in Germany currently, with the numbers rising every year.

If you are already an EU citizen, you don’t need a visa to live and work in Germany.

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14. The Netherlands

The Netherlands is a great place for expats who love the outdoors. Cycling is one of the main modes of transport and looking after the environment is widely recognized. There are a lot of English speakers in the Netherlands too, but learning the language can work to your advantage and make day-to-day life that little bit easier. Skilled expats can also benefit from a tax-free allowance equivalent to 30% if they meet the correct criteria.

It is often more important to be able to speak fluent English than to speak Dutch when looking for employment in the Netherlands.

15. China

China offers expats great employment opportunities with little competition. Those who embrace the culture and decide they want to live in China long term can see a host of employment opportunities as its economy is growing rapidly every year. Economists predict it will overtake the US as the world’s largest economy by 2018. China also offer expats low living costs and high disposable incomes, which is why many look to live here for a higher quality of life.

Shanghai and Beijing are the most popular destinations for expats who live in China.

Featured photo credit: Saulo Mohana via unsplash.com

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