ELEMENTS OF ENTREPRENEURIAL ENVIRONMENT FOR THE FAMILY BUSINESS DEVELOPMENT

Markoski, Goce (2014) ELEMENTS OF ENTREPRENEURIAL ENVIRONMENT FOR THE FAMILY BUSINESS DEVELOPMENT. Horizons, 14. pp. 61-70. ISSN 1857-856X

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Abstract

Family businesses today are the largest generators of family wealth and they employ a significant portion of the working population. Although the accuracy can not be said, however it is estimated that, depending on the individual countries the number of family businesses spanning from 65% to 90% of the total number of active companies.
Involvement of the term entrepreneurship is an inseparable part of the modern way of doing business. In theory and practice rarely, found activities or branches not associated with the business and be entrepreneurial exclusively or on the other hand, there is no area where the business is involved, and you cannot find a trace of entrepreneurship.
Entrepreneurship, the most given emphasis in the areas that provide the opportunity to leverage the innovation and its implementation in practice.
Therefore, entrepreneurship is present in all forms of business, where the dominant role in decision-making have people who know and understand and who are willing and able to accept the following challenges: To see the "away" from the rest; To start a business of their own ideas; Bring new business ideas; To follow the intuition; To accept the risk; Be willing to enter in direct conflict; Already existing things work different or new way of existing; Carefully and keep working on solving all problems and so on. Entrepreneurship cannot be considered particularly of entrepreneurs, because we say that exactly entrepreneurs can describe entrepreneurship.
In this paper, we pay attention to some of the elements of the entrepreneurial environment that are necessary in the development of small businesses including family businesses. In this regard, I want to stress the need for support in creating an entrepreneurial environment and entrepreneurial economy in the development of family businesses.

There are many types of entrepreneurs, and to be able to understand, you say that there are as many types of entrepreneurs, as there are differences between entrepreneurial and non-entrepreneurial people. Thus, entrepreneurial traits equally found in both men and women and younger and older, however, the society will have to create an environment in which all will strive to create success and failure will not discourage it will be a motivation to achieve even greater success.

Owners of family businesses, accept new challenges while running a business. They constantly strive to create conditions for achieving higher profits, which is one of the main goals of all businesses. To accomplish this, they have to be one-step ahead of the rest, need to use their intuitive and innovative capabilities, and the market to offer what consumers show interest. In addition, that interest should be followed predicted, which offered product or service would satisfy the tastes of consumers or users. In this regard, stresses the need for constant innovation of new products and services, many of which can contribute to improving the profit family businesses.

There are six golden rules for entrepreneurs . Entrepreneur is a hero, but also a victim of its own way and therefore must comply with these rules: Know yourself; be comprehensive; be consistent; minimize the consequences of their failure; Search new roads; be ready for change.

Item Type:	Article
Subjects:	Scientific Fields (Frascati) > Social Sciences > Economics and Business Scientific Fields (Frascati) > Social Sciences > Educational sciences
Divisions:	Rectorate
Depositing User:	D-r Goce Markoski
Date Deposited:	12 Mar 2024 11:33
Last Modified:	12 Mar 2024 11:33
URI:	https://eprints.uklo.edu.mk/id/eprint/9845

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