An Entrepreneur is…
Entrepreneurship is the development of
a business from the ground up — coming up with an idea and turning it into a
profitable business.
Entrepreneurship is the development of
a business from the ground up — coming up with an idea and turning it into a
profitable business.
Entrepreneurship is the development of
a business from the ground up — coming up with an idea and turning it into a
profitable business. - See more at:
Entrepreneurship is the development of
a business from the ground up — coming up with an idea and turning it into a
profitable business.
Most people don’t grow up wanting to
become an Entrepreneur, they grow into it. I’ve found that there are 10
different signs that are very good indicators that you’re an Entrepreneur or an
Entrepreneur in training. Starting your own business can be an exciting and
rewarding experience.
It can offer numerous advantages such as being your own
boss, setting your own schedule and making a living doing something you enjoy.
But, becoming a successful entrepreneur requires thorough planning, creativity
and hard work.
Consider whether you have the following
characteristics and skills commonly associated with successful
entrepreneurs:
- Comfortable with taking risks: Being your own boss also means you’re the one making tough decisions. Entrepreneurship involves uncertainty. Do you avoid uncertainty in life at all costs? If yes, then entrepreneurship may not be the best fit for you. Do you enjoy the thrill of taking calculated risks? Then read on.
- Passion:
There will be times when you spend an excessive amount of time and do not make a
dollar. It’s your passion that will keep you going. This is by far something
that will qualify you as an Entrepreneur. If you don’t have a passion for what
you’re doing, you’ll never succeed. There will be days/months/years when you
don’t make any money, you have no customer and everything just sucks but your
passion will drive you to keep pushing forward. It’s this passion that will
help you to become the Entrepreneur that you’re meant to be!
A great example of passion is John Walsh, creator of Americas Most Wanted.
He’s been running this show for 23 years. Why does he do it? What many people don’t know about Walsh is his son Adam was abducted in Sears and later murdered. He’s passionate about what he’s doing and keeps going it today because of his passion. His passion led him to a conviction of the murderer 25 years later. It’s passion like this that makes for amazing Entrepreneurs. Would he have pushed so hard to catch criminals had this not happened? We all have reasons for starting a business, find your passion and it’ll push you through the hard times.
You have the ability to create unlikely partnerships from out of nowhere because of your ability to connect the dots. People tend to gravitate toward you because you are likable. Many times this is because of your passion.
- Independent: Entrepreneurs have to make a lot of decisions on their own. If you find you can trust your instincts — and you’re not afraid of rejection every now and then — you could be on your way to being an entrepreneur.
- Persuasive: An Entrepreneur doesn’t take NO for an answer…ever. They may concede but they will never give up. They will figure out a way to fit a square block into a round hole. You may have the greatest idea in the world, but if you cannot persuade customers, employees and potential lenders or partners, you may find entrepreneurship to be challenging. If you enjoy public speaking, engage new people with ease and find you make compelling arguments grounded in facts, it’s likely you’re poised to make your idea succeed.
- Able to negotiate: As a small business owner, you will need to negotiate everything from leases to contract terms to rates. Polished negotiation skills will help you save money and keep your business running smoothly.
- Creative: You see opportunities everywhere. For example, you walk into a building and are curious about its worth or the companies inside. Are you able to think of new ideas? Can you imagine new ways to solve problems? Entrepreneurs must be able to think creatively. If you have insights on how to take advantage of new opportunities, entrepreneurship may be a good fit.
- Supported by others: Before you start a business, it’s important to have a strong support system in place. You’ll be forced to make many important decisions, especially in the first months of opening your business. If you do not have a support network of people to help you, consider finding a business mentor. A business mentor is someone who is experienced, successful and willing to provide advice and guidance.
- Competitive Nature : You have a competitive nature and are unwilling to lose. You always know that you can do something better. Entrepreneurs are extremely competitive. Much like above, they don’t take no for an answer and they are unwilling to lose. It’s not in your nature. You can’t, because if you do… well that’s not even possible. Many companies are formed out of such competitive natures. They feel like they can do a better job.
A good example of this
would be Google
There were 100′s of other Search Engines out there before they started.
Google Brothers believed they could build a better search engine than all the
others combined and because of their competitive nature, they would not
lose to anyone. Think of how they crafted it, Page Rank. They were ranking
pages. They were making pages compete against each other. It’s been a
competition ever since.
- Self-Starting isn’t just getting up early. It’s working around the clock day and night on things that are important. Entrepreneurs are people who tackle projects as they come up and finish them. They don’t have someone looking over their shoulder. If they don’t get it done, they don’t have a place to live. They put everything on the line. Get the majority of your work done before anyone even shows up.