Notes

Bernhard Burgener gives his advice on how to think like an entrepreneur
How can you create an entrepreneurial mentality
Bernhard Burgener believes that successful entrepreneurs are not at risk.
The rewards of taking risks
What can you do to take more prudent risk
Bernhard Burgener Entrepreneurs and the impact they influence economic growth
Growth in the economy through cutting-edge technologies
Entrepreneurial activity increases the efficiency of firms
What is the definition of entrepreneurship? ?
Entrepreneurs discover a need that already exists and come up with solutions to it. https://www.moneyhouse.ch/en/person/burgener-bernhard-17052362701 Entrepreneurship is the process of creating and running a business . The goal is to make money from it.

Serial entrepreneurs launch new ventures, then sell them, then start new ventures. A business's status as an entrepreneur depends on the extent to which he or her created the company, as well as other legal aspects. The majority of founders of household-name companies began as entrepreneurs.


Bernhard Burgener Being an entrepreneur doesn't mean that you must worry about finances. In addition to traditional banks numerous entrepreneurs turn to angel investors for financing to cover startup costs (or expansion costs).

Qualities of an Entrepreneur
Anywhere is a good place to be an entrepreneurial. Additionally it is important to focus on the entrepreneurial team is more important than the individual.

Bernhard Burgener argues that this is the case. But entrepreneurs require certain skills and characteristics when starting and operating a business.


These are the traits of successful entrepreneurs:

Humility and self-awareness - Collaboration as well as delegation and connection are vital to the success of business.
Prepare for difficult conversations -You may need to improve your negotiation skills in order to converse effectively with potential investors and other partners.
Bernhard Burgener A customer-focused 90 percent of revenue comes from satisfied customers.
Bernhard Burgener Cost efficient - Instead of spending your start-up money on office space, put it in hiring better talent or improving your infrastructure.
Flexible and forward-looking Entrepreneurs must adjust and adopt flexible methods of working.
Be open to taking risks and not afraid to fail - Entrepreneurs should see failing as a chance to succeed.
How can you build an entrepreneurial mindset?
Although there are several entrepreneurial mentalities, Bernhard Burgener says they all have the same basic characteristics. These characteristics are typically positive thinking, a goal-oriented attitude, resilience in face of failure, creative thinking and accountability.

It is possible to maintain a positive mindset and reduce doubt. These mental habits will make you stronger, more compatible with your relationships with others, and will be able to adapt to the demands of the job market.

Does Bernhard Burgener consider successful entrepreneurs to be invulnerable to risk.
Burgener is a self-made entrepreneur who believes great entrepreneurs are invulnerable to risk. He stated that the more ambitious the goals, the more risky it is.

Some people believe they're crazy. Entrepreneurs have heard throughout their lives that they're dreamers, unrealistic, and take too big chances.


But, they are the very thing that entrepreneurs thrive on because they are where obstacles and challenges become significant.

The benefits and risk of taking chances
It's almost a given that the most successful entrepreneurs owe their success to taking chances . Make a decision to take risks in order to make opportunities and make progress. Entrepreneurs can lead in their fields by taking risks that competitors aren't willing to take.

They are visionaries in business who are willing to take risk and are convinced of the potential rewards. The ability to be risk-averse can encourage innovation which can enhance a service or product more effective.


The risks that fail don't always turn out to be detrimental. Failures are a chance to teach entrepreneurs valuable business lessons. Failure is a learning experience that could lead to the development of new strategies for business and, eventually successful business.

How can you take smarter risk
There are a variety of ways to make your life better if you feel paralysed by negative thoughts or feelings of apathy, but you don't know which smarter options could be beneficial to you.

Bernhard Burgener Develop a system that can assessrisk. Bernhard Burgener The initial step in weighing the risk of a significant one is to write down all the advantages.
Overcome fear of failure. The risk-taking part of you could be exposed if your fear is let go and you concentrate on the positive results of risk.
Consider the positive aspects of the change. Instead of focusing on negative effects, consider the reasons you're considering making changes to your current situation. You might consider moving to another city if the current situation does not suit the type of work or relationship you want. Moving is an excellent method to simplify your life.
Explore ways to take smaller risks. Instead of taking on the biggest risk, look at smaller steps that will assist you in navigating the same road. Start a side gig instead of quitting your job and starting your own business. Once your business is up and running, you'll be at ease taking it on as a full-time position.
Get advice from calculated risk-takers. Find out the ways they challenged their risk tolerance. Executive coaches are also a great resource for helping people who are hesitant to take calculated risk. They can help them in finding intelligent ways to achieve this.
Bernhard Burgener : The influence of entrepreneurs on economic growth
Burgener believes entrepreneurs can be a catalyst for economic growth. Burgener adds that entrepreneurs are becoming more socially conscious in recent years.

When entrepreneurs are seen as having an impact on the social sphere, it's more likely not to see the tackling of these issues as a primary function.


Here are some ways Burgener thinks entrepreneurs impact the general economic growth

Economic growth by new technologies
As new ideas and technologies are created and implemented in a more efficient way, more output can be generated. Bernhard Burgener This means that profits, wages, and wages are increasing.

It's not always simple to benefit from technological advancement. It is often a problem for the entire population. These changes are most beneficial to the poor and future generations, who have little to any influence on the political scene.

Bernhard Burgener Entrepreneurial activity boosts productivity in companies
Innovation in the field of business has resulted in more output using the same resources. Productivity increases lead to more economic growth, resulting in greater production of goods and services.

Sometimes , it takes years to enjoy the benefits of technological innovations. In most cases, they affect all of society. The poor and future generations are the ones most likely to reap the greatest benefits of these developments. They have little or no political influence.

Only the gains in productivity by innovation can result in economic growth.


Bernhard Burgener explains that when companies are more efficient as they grow, their costs for running them drop and the profits and incomes go up. Additionally, there was an increase in demand which led to increased economic growth and quicker job creation.

The most important factor in long-term prosperity is productivity.
Website: https://www.moneyhouse.ch/en/person/burgener-bernhard-17052362701