Skills Needed by Creative Entrepreneurs

Question: Discuss about theSkills Needed by Creative Entrepreneurs. Answer: Introduction In todays competitive business environment, being creative is considered as a key element in the success of successful entrepreneurs. It has been seen that, entrepreneurs try to evolve more opportunities which has a positive impact on the per capita income, lifestyle, etc. this report takes into consideration one of the most important aspect of entrepreneurship i.e. creativity. It has been reviewed that, creative thinking is a must for any entrepreneur to be successful in the long run. Creativity helps the entrepreneurs to devise something unusual and have an edge over others. Creativity has been referred to as the ability to come up with new solution for all the problems (Konrad, 2013). Creativity also helps the individual to create new things. Successful entrepreneurs have creativity as a skill to use their insights come up with the latest solutions. Successful entrepreneurs, have the ability to perform things in an unusual manner. They tend to come up with new methods procedures rather than use the traditional methods. Based upon the knowledge possessed by the experienced entrepreneurs, it can be seen that the initial idea is the easiest task and implementing the same in the competitive business environment is the real creative challenges. It is here, when the role of creativity comes into place i.e. how to handle the problems and come with innovative ideas to overcome the same. Creative entrepreneurship refers to the ability to perform the usual task an in an unusual manner. Body It is now assessed that, creativity and entrepreneurs go hand in hand. Entrepreneurs can attribute to the success with the help of creativity. In todays highly competitive business environment products are manufactured exported to the international markets. Therefore, it becomes an easy task to look for options everywhere. Therefore, the major concern for any businessmen is to how to create an impact in the over flooded market. How the product shall be marketed so that it stands out from the rest. A creative mind has answers to all the above questions. Creativity helps the entrepreneurs to think how to improve the existing business practices (Sardana, 2015). It shall be kept in mind that, a brand might be very successful and popular amongst the consumers but something can always be done to do things in a different manner. Creativity can help the individuals to come up with better innovative ideas in the existing business practices (Richard, 2013). Creativity is linked with imagination. Imagination helps someone to reach the never explored areas. Imagination in other terms is also known as out of the box thinking. It shall be seen that, a creative mind shall have entrepreneurial skills to create better ideas in a business setting. The entrepreneur assesses the requirements as to how to execute the idea by keeping mind the required available resources and how to manage the same. Creativity helps the entrepreneurs to bridge the gap between creative geniuses traditional approach towards business (Milovac Sanchez-Burks, 2014). A successful creative entrepreneur is one who possesses good interpersonal skills. Building cordial relationships with the team i.e. people whom they work with is one of the key elements in for successful creative entrepreneur. Some of the characteristics which depict a creative entrepreneur have been discussed in this section of the report. Some of the characteristics of a creative entrepreneur are to adhere to the rules principles which add value to their business in the long run. An entrepreneur tends to experiment with the ideas. He then learns for the idea then implements whatever they have learnt. A creative entrepreneur is not afraid to lose something whereas he finds immense pleasure in experimenting with the new ideas/ venture (Kelsey, 2015). A creative entrepreneur tends to take inspiration from new ideas in each and every step which is directly or indirectly related to the same. A creative entrepreneur is ready to enter the new markets by exploring new range of opportunities. A creative entrepreneur mix match the unusual with the usual and creates something new in the highly competitive market. A creative entrepreneur shares his ideas is open to feedback which will help him in the long run. T he above mentioned characteristics depict that, entrepreneurship creativity goes hand in hand (Konrad, 2013). It shall be kept in mind by the creative entrepreneurs that, creativity needs a structure to flourish. But the structure shall be such that it should not get crushed. Creative problem solving skills opted by the creative entrepreneurs will help them to have a competitive edge as compared to its competitors. The trick followed by the creative entrepreneurs is to act rigorous and not rigid at work. Creativity has been referred to as an important aspect which is the best at the intersection of disciplines (Fallon, 2016). It has been seen that, majority of the people are afraid of collisions but creative collisions will help the individuals to come up with various new problem solving skills and view the problem from a new perspective. The discussion so far has been based upon the fact that, entrepreneurship is solely associated with creativity and creating new as well as innovative ideas in the existing business. However, it shall be seen that, creativity is not only required for entrepreneurs there are other characteristics as well which shall be possessed by the same. Recommendations for Creative Entrepreneurs Some recommendations for creative entrepreneurs to nurture and build creative capabilities have been listed as follows. They are: First recommendation for the creative entrepreneurs is to look for patterns in unrelated subjects. This means that, the creative entrepreneurs get outstanding results by combining various unrelated subjects. The creative entrepreneurs change the way they look at things. It has been seen that, stereotyped notions block ones thinking process lacks innovativeness (Fallon, 2016). Second recommendation for the creative entrepreneurs is to think the unthinkable. The creative entrepreneurs uses various ways to unstructured the imagination and come up with various innovative ideas as compared to the traditional solution. Attitude plays an important role in thinking process of creative entrepreneurs. It shall be taken into consideration that, you become what you pretend to be. Successful entrepreneurs do not have to pretend for long as in this highly competitive business environment internet plays a dominant role in showing reality of the product in front of the customers (Fallon, 2016). Last recommendation for the creative entrepreneurs is to create awareness of what one wants to accomplish. The ways an individual communicate with others speak a lot regarding his mind thinking process. An individual with positive thinking tends to make a conscious decision by creative positive patterns. It shall be kept in mind that, creativity can be learned. Everyone in this world has the potential to think creative do creative things. Creativity helps to train the mind in developing the problem solving skill sin the best possible manner (Fallon, 2016). Conclusion A creative entrepreneurship has been referred to as the key element in todays highly competitive business environment. It helps the individual to come up with various innovative new ideas to perform a particular task in a different manner (Chen, Chang Lo, 2015). Creativity and entrepreneurship goes hand and hand and are inter-related. Both the aspects are important to each other but one cannot be made solely responsible for the success of other. Therefore, in order to be a successful entrepreneur creative thinking shall be practiced so as to bring out the most viable business ideas. Creative entrepreneurs have been referred to as people who help to create opportunities produce more profits (Carayannis, 2013). Creation of idea is termed to as an easy task but executing the same in a well - defined manner is what is done by a creative entrepreneur. In a highly competitive market, if one aspires to achieve more, then the individual is expected to do more. Creativity leads to innovati on which in turn helps to improve the business in the long run. Creative thinking leads to new products/ services in the increased competition. Creativity also helps the individual to create new things. Successful entrepreneurs have creativity as a skill to use their insights come up with the latest solutions. Successful entrepreneurs, have the ability to perform things in an unusual manner. They tend to come up with new methods procedures rather than use the traditional methods (Besley Peters, 2014). Based upon the knowledge possessed by the experienced entrepreneurs, it can be seen that the initial idea is the easiest task and implementing the same in the competitive business environment is the real creative challenges. It is here, when the role of creativity comes into place i.e. how to handle the problems and come with innovative ideas to overcome the same. References Besley, T. Peters, M. (2014).Re-imagining the creative university for the 21st century. Dordrecht: Sense Publishers. Carayannis, E. (2013).Encyclopedia of creativity, invention, innovation and entrepreneurship. Dordrecht: Springer Dordrecht. Chen, M., Chang, Y., Lo, Y. (2015). Creativity cognitive style, conflict, and career success for creative entrepreneurs.Journal Of Business Research,68(4), 906-910. Divan, D. (2016). Entrepreneurs Drive Creative Destruction [Entrepreneur Viewpoint].IEEE Power Electron. Mag.,3(3), 38-39. Fallon, N. (2016). Retrieved from https://www.businessnewsdaily.com/5813-creativity-in-entrepreneurship.html Kelsey, R. (2015).Outside Edge. Somerset: Wiley. Konrad, E. (2013). Cultural Entrepreneurship: The Impact of Social Networking on Success.Creativity And Innovation Management,22(3), 307-319. Milovac, M. Sanchez-Burks, J. (2014). Positivity Makes for Poor Pitches: Affective Tone Conveyed by Entrepreneurs Shapes Support for Creative Ideas.Academy Of Management Proceedings, (1). Richard, D. (2013).How to start a creative business. Newton Abbot, UK: David Charles. Sardana, D. (2015). What Facilitates Cultural Entrepreneurship? - A Study of Indian Cultural Entrepreneurs.J Creat Behavior. Zwilling, M. (2016).Forbes Welcome.Forbes.com. Retrieved 8 September 2016, from https://www.forbes.com/sites/martinzwilling/2012/02/25/entrepreneurs-need-creative-thinking-after-the-idea/#2fae24c3f814