Psychology of the Successful Entrepreneur - MyAssignmenthelp.com

Question: Discuss about the Psychology of the Successful Entrepreneur. Answer: Introduction Motivation in true sense the desire of a person to do things. There is a big difference between lazing in the house all day and waking up early to pound the pavement. Motivation is very crucial and important in order to set the set and attain the goals. Studies and research shows that a person can influence his or her own levels of self-control and motivation. Thus, it is necessary for a person to realize what he wants, then grind through the pain period and start to be what he or she wants to be (Drnyei Ushioda, 2013). This study is based on a motivational video and its overriding themes. Then subsequent discussions were placed based on the possible resolutions and a reflection on a personal perseverance. Main themes of the video The video is a motivational. However, it emphasizes on the how to be successful in life through doing things that a person loves to do. The video also focused on the how millionaires and billionaires think and how they became so rich and successful. What manta they followed and how they achieved their current position. Possible resolutions The video stars with a catch phrase where focus goes energy flows and then goes the line we are the results of our thoughts and actions. The video contains more of such motivating lines. Although, it is important to note that if a person wants to be successful, a plan is required to be framed first followed by an appropriate execution. The execution of the plan varies from person to person. The combination of both the hard work and smart work, helps a person to achieve the impossible. According to a study, it is found that 85% of the millionaires are self-made (Mukherjee, 2016). This signifies that successful people work for their own upliftment to reach a successful position in life. The intentions of a person both influence and affect his life and wellbeing. Thus, any person can achieve anything in life, if that person just decides to be. One of the finest example is Tyler Perry, who was homeless after he spent all his money for 6 years. But now the same person Tyler Perry is a Hol lywood success (Morris, 2018). This comes to another important resolution that whatever happens in life and no matter the number of the failures. A person must not lose hope and must not stop believing in himself and his goals. There is no need to look for ways that can give quick success, because such shortcuts do not exist. If a person wants to start a business, then he can sketch a product or service and build a business based on that plan (Zaridis Mousiolis, 2014). My story of perseverance- Failures come and sometimes devastate and destabilize the path of life. It defuses the hope and makes a person feel helpless. However, such phases are actually testing times, from such tests important lessons are learnt. I too faced situations similar to the above-mentioned lines. I once had a lower back injury which crippled my life. Due to the injury, I was unable to either walk or sit in a proper posture and it affected my school days and my sports life. However, the injury was unable to stop me from becoming an athlete. After recovering from the back injury, I focused on a plan. While moving through all the hardships, only one thing kept me going, it was my perseverance to achieve the goal of becoming a famous athlete. I knew that success is not a commodity that can be bought in just a day. I worked hard for my own build up and my strong belief of achieving my goal kept me going. Conclusion Therefore, from the above study it can be concluded that motivation is the most vital thing in our life. We need to motivate ourselves to achieve our goals in life. We might face hardships and hurdles during our venture, but our motivated and focused mind along with the love towards our work can help us to achieve any impossible task. Reference Drnyei, Z., Ushioda, E. (2013). Teaching and researching: Motivation. Routledge. Morris, S. (2018). Tyler Perry | Stars Who Were Once Homeless | TIME.com. TIME.com. Retrieved 11 January 2018, from https://newsfeed.time.com/2013/07/11/stars-who-were-once-homeless/slide/tyler-perry/ Mukherjee, K. (2016). The Psychology of the Successful Entrepreneur. International Journal of Advanced Engineering and Management, 1(1), 25-32. Zaridis, A. D., Mousiolis, D. T. (2014). Entrepreneurship and SME's organizational structure. Elements of a successful business. Procedia-Social and Behavioral Sciences, 148, 463-467.