Mind View Mind Mapping

Mind View Mind
Mapping

Table of content
 Factors that make successful entrepreneur
 Barrier that an entrepreneur may experience
 Strategies to overcome the barrier
 Features of innovation
 Potential barriers that arise during innovation
 Methods that could be implemented to overcome barrier
 Present entrepreneur characteristic and the innovative idea that you posses

Factors of successful entrepreneur
Team work: Entrepreneur are the team player as it is difficult for an individual to
fulfil their dream by their own. So I prefer to make the team of potential members
who have expertise knowledge and work together to attain desirable or innovative
objective.
Confidence: This is again the key success factor as the innovator needs to haver faith
or believe in the business plan or idea which they have created for the society. It has
help me to remain enthusiastic and identify the opportunity through foresight vision.

Barrier that an entrepreneur may
experience
Financing: Although there are various sources of finance for an
entrepreneur such as angel investors, financial institution, families and so
on but still financing is the major issue die to which various individual
drop to follow their idea. Even I find that is is relatively tough for the new
business to get the proper investor.
Lack of adequate training: Training includes the development of
managerial skill and technical skill which is necessary for the innovator as
it help to robust the incubator for potential ventures.