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Personal Entrepreneurial Competencies

  Entrepreneurial competencies play a crucial role in the entrepreneur’s success and beating the competition. In the past few years, the importance of entrepreneurial competencies has increased constantly. To become a successful entrepreneur, one must be able to take risks as well as handle success, and having both qualities at the same time is termed personal entrepreneurial competencies. Personal entrepreneurial competencies or PEC involve an individual’s skills, knowledge, motivation, capabilities, and traits. PEC has been described and explained differently by different researchers over the past decades. There are 10 Personal entrepreneurial competencies that have been defined on the basis of 3 general clusters which are achievement, planning, and power. Those 10 personal entrepreneurial competencies are: 1.      Opportunity Seeking 2.      Persistence 3.      Commitment to Work Contract 4.      Risk-taking 5.      Demand for Efficiency and Quality 6.      Goal Settin

The Secret Business Ideas to Get Started Your Entrepreneurial Journey

Starting a business is no more a dreamy task. But deciding what to start is still a tough job. You can start a business by simply developing a website. The right idea can make a successful entrepreneur and generate the desired revenue. On the other hand, a bad idea of business can drag you to a loss. To establish a brand, products, or services in such a manner that whenever your potential customers visit your website, they should find some strong reasons to be on it and buy. To avoid business losses, we have jotted down the secret business ideas to get started on your entrepreneurial journey successfully. These ideas are inspired by some great female founders: 1.    Podcasting: Podcasting is one of the most growing businesses. You can create a solid presence by hosting a meaningful podcast, developing an audience base, and monetizing your episodes. Side Hustle Pro by Nicaila Matthews Okome, The Women in Tech Show: A Technical Podcast by Edaena Salinas, Katherine Goldstein's The