Are You Born To Be A Successful Entrepreneur?
How many times have you daydreamed about being an entrepreneur? Never missing a little league game, enjoying all the benefits that come with being self employed. Perhaps you can see yourself sitting on the beach sipping Mojitas as your bank balance grows.
Reality check! Before you are off picking out your Malibu estate, you should ask yourself a very important question. Are you made to be an entrepreneur? Is it really in you to become wealthy?
To find out the truth rate yourself on the character traits listed here. Would you:
-Press on when there is no gratification, results are slow to come? In the beginning the sheer rush of owning your own business will color the way you see and feel about everything. Adrenaline will pound through your veins for days or even a month.
Unfortunately, the high does not last very long. Now you are faced with working long hours trying to make a go of it and all the adrenaline has dried up. The hardest part at this point is you are working diligently without any tangible results. Leaving you with little if anything to motivate you on to your goals.
So again, I ask you: Is it possible for you to stay with something without instant rewards? If you answered yes, it is possible that entrepreneurship will be just the ticket for you.
-Let a losing idea die? Look, when you spend precious time on an idea it will feel like a part of you and truthfully it is, this is your baby so to speak and it will be hard to turn lose of your brainchild.
However, what do you do when that idea is failing? What if the idea is just a small part of the overall business and it is taking the ship down with it? Can you cut it loose despite the fact that you love this idea and are attached to it? These are things a good entrepreneur is forced to do.
-How is your self assurance? Your friends and even your family are going to have enough doubt to share. Laughing at you and calling your plans ridicules may be common place and if you buy into any of this you will never make it.
If you have confidence in your capabilities and your proposal then you might have the stuff to be an entrepreneur.
-Have knowledge of the value of your products and service? A beginners biggest problem is knowing how to price their product or service. You will find them working hundreds of hours for peanuts. This occurs most frequently because of the value they put on the product or service they offer. If you tell yourself you would never pay x amount of dollars for something you are bound to price it too low to stay in business.
The thing you must keep in mind is that you are not the market nor are you the customer. If you have something good to offer your customers that adds value or convenience to their lives then you should earn accordingly. Do not worry if your prices are too high they will tell you about it.
Value the solutions you provide until you hear otherwise. You may be a good entrepreneur when you get this part down pat.
-Solve difficulties? Last but not least, do you offer something that solves a problem?
Entreprenuers must be problem solvers, there is simply no one else to solve them. This is your business, your baby if you will and the buck stops with you. All the corporate big dogs are gone and you are the boss!
The main reason you have to be a problem solver is to stay in business and make a killing! Trust me if you can spot a problem in the lives of people and then solve it they will pay dearly for the answer. When you have successfully accomplished this you are a good entrepreneur.