You have some ideas? You talk about it for days? And then what? You might share your ideas with your family and friends ! You might get some people telling you that it is a great idea and some that might think you can’t do it! So which one are you going to listen? Not everybody has entrepreneurship in them and most people will just let go of their ideas, their dreams because they are listening too much of what others say!
However if you are a real entrepreneur you will listen to the positive person. You will believe in yourself. It’s not easy to leave aside the naysayers, the doubters because we were taught for a long time how to behave, and what we should do in the society. If you want to be a successful entrepreneur, you need to do your own thing, try to be different and stand out. Without that mentality you will always be confronted to the negative people and they’ll eventually win.
It is not easy to start a new business, but execution is everything for startups. You need to care and be passionate of what you are doing, I always talk about it because it is the fuel that will help you when you start doubting about yourself. You need to understand that your idea and your goal, project has to be more than money. You need to start working on your self-development to keep this passion. Self development is so important because you will change your mindset and learn more about your capabilities
Entrepreneurs also learn about their business constantly and go with what works. They explore around their industry and adjust. Warren Buffett spend 80% of his day reading about what matters in his industry, he is aware of what’s going on and learn something new all the time.
You have to plan, and go slowly because it is full of set backs and stress when you start with this great idea, but if you have the desire and the initiative that it is something that suits you and it is going to work then you can be an entrepreneur.
A good entrepreneur will get over failure and learn by it, not giving up or listening to this little voice saying it’s not for you. He will look for the lesson of each challenging situations.
“Work harder on yourself than you do on your job” Jim Rohn
Handling risk also is a traits of entrepreneurship. If you like being in your comfort zone, work little and having your weekend away , then you can’t be an entrepreneur because it takes dedication, consistency and perseverance.
You need to be confident also on your product/service and also on yourself, know your strengths and weaknesses and don’t be afraid to delegate what you don’t know. It will be a waste of your valuable time to try to do everything.
Habits creates your results, get into a routine and stick to it. Evaluates If you are easy led to do something else that has nothing to do with your business then maybe rethink your choice of being an entrepreneur.
Entrepreneurs need to get organized, so check your personal attributes and evaluates what you like and dislike.
And the last traits, be honest with yourself. Don’t start with a business if you don’t have a clue how to start, what to do or even not ready to make sacrifices, Dreams can cost a lot of money!! Set goals and self evaluate yourself!
The leaders and the free thinkers are the ones that excel in business while the followers and copycats fail !
14 thoughts on “What it takes to be an entrepreneur?”
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