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Small Business - part 3

Atualizado: 24 de abr.

Like studying for academic achievement or learning how to do a job well, opening one’s own business takes time and effort to ascertain the skills required to perfect the transition. Another way to envisage it is building a motorcycle from scratch, by learning how to painstakingly put each part back together, one by one until the bike is complete, and then fine-tuning it so it performs excellently.

The best startup specialists have a gift. Not only are they able to dream of an enterprise, but they are able to take action while seeing the bigger picture. The bigger picture affords them an overall assessment of what’s needed to paint the intricate details from beginning to end. Like an artist who spares nothing to see the work of art painted, a gifted entrepreneur will leave nothing to chance. Even the unseasoned professional can get it right from start to finish. It might take more effort to do it, but providing commitment and a burning desire meets the objective then it can be done.

Take Mark Zuckerberg as a prime example. He has achieved incredible success from launching Facebook at the young age of nineteen years old and then just four years later became a billionaire. Currently worth around $73 billion it is fair to say, he has made it. Though not necessarily the answer to a perfect life, there isn’t much he can’t afford with such affluence and influential power.

Originally, he started Facemash as an idea to judge the attractiveness of fellow students at Harvard in 2003. It was an online service that was closed down in just two days because he violated university policy by acquiring resources for the service which had nothing to do with Facebook. At the beginning he had no idea that something with smaller exposure could amass such a following and then be turned into a massive social media platform that attracts nearly three billion global users.

Facebook gained traction very quickly, so the message here is that other small businesses are potentially viable ventures. Nevertheless, belief alone isn’t enough, and many factors need to be considered before starting a new project. The right attitude, determination and perseverance are essential, i.e., embarking on the journey from concept to fruition by taking daily steps to reach goals.

Of course, there is a lot more to it than meets the eye, but literally anybody can embark on an idea to make money from buying and selling to services, or even advanced computer programming to produce blockchain technology and win the market by storm.

Good luck!

Prof. Carl Boniface

Vocabulary builder:

From scratch (expression) = from the very beginning, especially without utilizing or relying on any previous work for assistance. "He built his own delivery company (FedEx) from scratch."

Painstakingly (adv) = thoroughly, carefully, meticulously, conscientiously

Unseasoned (adj) = untested, untried, young, immature, untrained

Amass (v) = accumulate, collect, stockpile, hoard, accrue, assemble

Blockchain = is the technology that enables the existence of cryptocurrency (among other things). Bitcoin is the name of the best-known cryptocurrency, the one for which blockchain technology was invented.

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