Business Person

Management
How To Become A Businessman , Career As Business Person - TheCareerHub
  • Growth
    19%
  • Salary
    RS 30000-200000
Overview

Who is Business Person?

A businessperson is also called as Entrepreneur, the founder, owner, majority shareholder in an enterprise or a high-level executive is someone who basically runs a business. This business person is involved in undertaking activities for the purpose of generating cash flow, revenue and sales by utilizing a combination of financial, intellectual and physical capital towards economic growth and development. The business person is also referred to as a white-collar worker, executive or even as owner. A business person either runs a small firm or a big organization depending on abilities and resources, but a business person can turn the small business to a big industry or organization by the dedication and hard work.

Typical day at work

What does Business Person do?

A businessman or businesswoman is a person who owns or controls a private establishment and engages in commercial or industrial activities with the goal of generating cash flow, sales, and revenue through the application of a combination of human, financial, intellectual, and physical capital in order to fuel economic development and growth. A private establishment's founder, owner, or majority shareholder may be referred to by this phrase. The phrase can also refer to someone who invests in a private company as an angel investor. The process of creating or extracting value is defined as entrepreneurship. Entrepreneurship is defined as a process of change that entails greater risk than is often connected with beginning a business and may contain values other than financial ones, according to this definition. An entrepreneur is a person who starts a company or several companies.

A role of a business person is comprehensive and multifaceted but generally consists of performing the following tasks:

  • Ensures the smooth operation of his business.
  • Maintains the production schedule.
  • Ensures the sufficient supply of raw materials and manpower along with equipment.
  • Involved in developing sales and marketing strategies.
  • Involved in creating or reviewing business plans, building strategies on sales.
  • Leads the organization, motivates and drives the team towards success or goal.
  • Involved in the planning and execution of strategies.
Abilities & aptitude needed

What are the skills, abilities & aptitude needed to become Business Person?

In order to excel in any field, aspirants must possess certain attributes that complement the job role. In a similar fashion, a business person must great decision-making skills, leadership skills, commercial awareness, accountability,  diplomacy and management skills. Businesspersons should have great communication skills and interpersonal skills as they are required to deal with people of varied temperaments and form meaningful and long-term relationships with other business owners and employees. A business person must be very ambitious, willing to take risks and driven to make a change. 

Courses

Which course I can pursue?

Best Colleges

Which are the best colleges to attend to become Business Person?

Industries

Which industries are open for Business Person?

Aspirants may pursue the following related careers:

  • Entrepreneur
  • Management Consultant
  • Business Developer
  • Manager
  • Management Consultant
  • Financial Analyst
  • Sales Manager
  • Administrator 

Ready to become Business Person?

Take the world’s best assessment test !

Take a free demo
Internship

Are there internships available for Business Person?

In any given field, along with theoretical knowledge, it is always an added advantage to get an on-ground experience that enhances the aspirant’s understanding of the domain.  It is highly encouraged to take up an internship and gain exposure to the latest practices, methodologies, technology, become fluent with industrial standards and understand the nitty-gritty of the business. Aspirants may seek internships while studying and even after graduation. 

Career Outlook

What does the future look like for Business Person?

Being a business person gives an individual a sense of empowerment and freedom. Businesspersons are their own bosses when it comes to performing tasks and making decisions.  Most entrepreneurs are driven by extreme ambition and their need to control their own destiny.  It is a great career option for individuals who have new ideas, ambition, great leadership and decision-making skills. This career is not for individuals who enjoy the 9-5 work culture, don't want to take on a lot of stressful responsibilities,  and can't take decisions alone. Employment prospects for an entrepreneur are subjective and volatile depending on the economy. When addressing the income of an entrepreneur, it depends on the success of the business. Businesses have the potential to make their owners millionaires just as easily as they can make their business owners go bankrupt. 

Explore related career