Do You Have What It Takes To Be A Successful Entrepreneur?
Entreprenuership is something many dream of, setting their own schedule, being free of irritating bosses and basically loving the self employed lifestyle. You can just picture the success, fancy cars and big money that will come your way.
Stop right there for a moment, before you are writing checks you cannot possibly afford let me pose a question: Are you entrepreneur material? Is it within you to really become wealthy?
Lets take your temperature on this so to speak, consider the five character traits below. Are you willing to:
-Hang tight when it looks like nothing is happening? Starting a business is heady stuff, adrenaline, joy and excitement will be your constant companions for days, maybe even weeks.
Before you know it this ball of excitement will unravel leaving you looking around in despair. Your schedule will be just as busy as before while you work to make the business successful, and to rub salt in the wound there are simply no results you can touch. This leaves you with nothing but sheer will to move you forward and motivate you.
Is immediate pay off what you are looking for? Or can you soldier on during flat periods? If you can you may be an entrepreneur at heart.
-Lose the failing idea? Your time is vital as is your energy and when you have invested heavily in a concept it can feel like your baby. For all intents and purposes it is your brain child.
Failing ideas happen to the best of people, there is no shame in that. However a failing concept can bring your business to its knees if you are not careful. Are you willing to bury it even though you still feel an attachment? If you can accomplish this you could be a good entrepreneur.
-Where is your confidence? Can you withstand the doubting Thomas's you are bound to encounter? People could even laugh at your efforts! Listen to the nay sayers and you are sunk before you start.
Do you have confidence in your skills and inspirations? This is all part and parcel to being a good enreprenuer.
- Value your service or product correctly? Here is a problem that many new comers have, they will work like a dog for practically nothing. This happens many times because of the value they have placed on the product or service. It gets in their mind that they could never afford to pay a certain amount and therefore they sell themselves too cheaply.
When you do this you are putting yourself in place of the customer and that is not where you need to be. Concentrate on providing the best possible product or service that adds value to peoples lives and then charge accordingly. When you overvalue your business they will let you know, don't worry!
If the customers are not out for blood about your prices relax and enjoy business. You have valued your product or service correctly and are on the way to being a great entrepreneur.
-Good at solving problems? If you get nothing else right strive for this one, can you spot and solve problems?
Problems are a part of life and this is doubly true when you are an entrepreneur, because you are the end of the line. You have become the boss and that means you are responsible for solving the problems in your business. Be quick to find and solve any problems and you are ahead of the game.
The key to rolling in the big bucks is to be a problem solver for other people. When you can see a problem then have the inventiveness to solve it people will gladly pay a premium and you will be a good entrepreneur.
Stop right there for a moment, before you are writing checks you cannot possibly afford let me pose a question: Are you entrepreneur material? Is it within you to really become wealthy?
Lets take your temperature on this so to speak, consider the five character traits below. Are you willing to:
-Hang tight when it looks like nothing is happening? Starting a business is heady stuff, adrenaline, joy and excitement will be your constant companions for days, maybe even weeks.
Before you know it this ball of excitement will unravel leaving you looking around in despair. Your schedule will be just as busy as before while you work to make the business successful, and to rub salt in the wound there are simply no results you can touch. This leaves you with nothing but sheer will to move you forward and motivate you.
Is immediate pay off what you are looking for? Or can you soldier on during flat periods? If you can you may be an entrepreneur at heart.
-Lose the failing idea? Your time is vital as is your energy and when you have invested heavily in a concept it can feel like your baby. For all intents and purposes it is your brain child.
Failing ideas happen to the best of people, there is no shame in that. However a failing concept can bring your business to its knees if you are not careful. Are you willing to bury it even though you still feel an attachment? If you can accomplish this you could be a good entrepreneur.
-Where is your confidence? Can you withstand the doubting Thomas's you are bound to encounter? People could even laugh at your efforts! Listen to the nay sayers and you are sunk before you start.
Do you have confidence in your skills and inspirations? This is all part and parcel to being a good enreprenuer.
- Value your service or product correctly? Here is a problem that many new comers have, they will work like a dog for practically nothing. This happens many times because of the value they have placed on the product or service. It gets in their mind that they could never afford to pay a certain amount and therefore they sell themselves too cheaply.
When you do this you are putting yourself in place of the customer and that is not where you need to be. Concentrate on providing the best possible product or service that adds value to peoples lives and then charge accordingly. When you overvalue your business they will let you know, don't worry!
If the customers are not out for blood about your prices relax and enjoy business. You have valued your product or service correctly and are on the way to being a great entrepreneur.
-Good at solving problems? If you get nothing else right strive for this one, can you spot and solve problems?
Problems are a part of life and this is doubly true when you are an entrepreneur, because you are the end of the line. You have become the boss and that means you are responsible for solving the problems in your business. Be quick to find and solve any problems and you are ahead of the game.
The key to rolling in the big bucks is to be a problem solver for other people. When you can see a problem then have the inventiveness to solve it people will gladly pay a premium and you will be a good entrepreneur.
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