An opportunist is the person who may change his stand, if
the situation demands so. Shrewd business people have always shown their
tendency to be opportunists, in conditions where business circumstances lead
them to act in such a manner. Men who are opportunists thrive on a very thin
line of success. They might rake in millions, one day, speculating on a risky
share investment, and lose them in a jiffy.
One who waits for the right opportunity and then strike to
take advantage is considered as a safe entrepreneur. He always chooses his
options carefully, after weighing the pros and cons of the existing situation. A
man should know where he stands; it helps him to become a better entrepreneur.
How difficult it is to
take a stand
Opportunists are successful for just over a period of
time. They are usually patchy. Entrepreneurs
who fall in this category are usually the speculative type. They tend to act as
soon as they smell success. Such kind of venture normally turns out to be
highly risky. Starters, for instance should never try and poke their nose on
risky venues that can lead to trouble very early on in their career.
What makes business people more adventurous is the fact that
success associated with being opportunists has more benefits over a short time,
if things go their way. Such type of success usually does not last for a long
period. Those who are opportunists should have the foresight to read situations
beforehand, to gain consistent success and for longer periods, which is
normally not that easy.
Often entrepreneurs find difficult to resist the lure of
fast money. They look at those for inspiration who have been known to be
opportunists all their life, and have built their fortune by being risky and
quite often in the right way. What these aspiring entrepreneurs miss out is the
so called opportunists who now seem to thrive on the fruits by being
opportunists were not the way they are now. They began their business venture on
a careful path. They learned the hard way on how to take advantage of the
exiting opportunity, before their experiences led them to try their hand on big
fortune.
Highly successful speculators always learn their way up the
ladder. They take precaution in the beginning. They are the same set of individuals
who would be careful with their business strategies early on. These set of
people begin to understand the way to identify the opportunity, and then slowly
progress to grab them. They would then become expert on identifying
opportunities, so they don’t have to waste time on identifying them when the
opportunity arrives.
A successful entrepreneur is the one who identifies the opportunity
before hand, but resist the lure of being speculative more than his business
structure permits him. He always has the option to stay calm and first let the
opportunity arrive, and then take advantage of them. However, if the business
owner sits for the opportunity to arrive, he may find it too late to react,
because there are others who may have put their money on the opportunity, even
before it has arrived.
Business ventures are therefore, tough. There is a very thin
line that separates the two. It all depends on how one looks at the
opportunity. It also depends on how easy the opportunity arrives. The easier
the opportunity comes, the more laid back a business owner is. A rare
opportunity compels an entrepreneur to act as an opportunist. He tries to seize
them before others, who are also in the hunt for the same. That is why he is called the opportunist,
because he found it even before it has arrived for others to pounce on it.
It all boils down to the question, how a person should decide
on whether he should be an opportunist, or rather wait for the right
opportunity to knock at the door. An opportunity doesn’t always come knocking
at somebody’s door. The best way forward would be to always stand on the toes, and
keep a watch on the opportunity.
A good foresight is essential to make out the possibility of
existing opportunities. As soon as the entrepreneur gets the smell of the arriving
opportunity, he should pounce on it. Such moves may backfire, especially, when
entrepreneurs launch new products in the market. But business needs a certain
element of risk. That’s how the business grows. Lack of initiative simply
pushes the entrepreneur out of the race. It is important to establish a business
setup, without risking everything on stake. An entrepreneur should be an opportunist,
but he should always decide beforehand, to what extent he can afford to be an
opportunist.
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