The textbook definition of an entrepreneur is someone who is
willing to take the risk of starting and operating a business for a
better life. In this short article, I am going to tell you who an
entrepreneur is, what motivates them and what the drawbacks to becoming
one are, so you can then decide if it's the right option for you.
Who is an entrepreneur?
Many
people think that entrepreneurship is simply starting a business, but
it's a lot more than that. An entrepreneur holds many key
characteristics. Below, I have listed a few of the most important:
- Passion for the Product
- Determined, Motivated and Driven
- Willing to Take Risks
- Creative
- Hardworking
- Ambitious
- Able to Spot an Opportunity
- Organised
What motivates an entrepreneur?
Why would someone want to start a business? Is it just to become rich and famous? Here are some motivators entrepreneurs may have:
- Be their own boss. They can set their own working hours and are in control of their finances.
- Follow a passion.
- To prove to themselves and others that they can be successful.
- Pay the bills after losing a job.
- To help people and solve a problem
Very few people start businesses in order to become rich. Those who are focused on money are usually the ones who fail, as they haven't got any other motives. They are so focused on the money, they don't have enough passion for the product and cannot sell it.
Is it all fun and games?
Absolutely not! Running a business can be more stressful and involve more hours than a 9-5 job. As they say, businessman or women never stop working. If you're sick, you can't phone in for a day off. You can't blame someone else if something goes wrong, either. You are responsible for the business. If you don't make money, you go without food and further into debt. Also, if you don't get the right balance between work, play and family, you are going to become depressed, stressed and tired. It can be a real strain on the best of families.
But if you enjoy what you do, the drawbacks can be minimised or even eliminated. If you enjoy it, it feels less like work and you have the opportunity to surround yourself with many like-minded people that share your enthusiasm and want to make the business a success for the right reasons. If this sounds like you, then take action. No one became successful and happy in life without doing anything. If you want it, go get it.
Who is an entrepreneur?
Many
people think that entrepreneurship is simply starting a business, but
it's a lot more than that. An entrepreneur holds many key
characteristics. Below, I have listed a few of the most important:- Passion for the Product
- Determined, Motivated and Driven
- Willing to Take Risks
- Creative
- Hardworking
- Ambitious
- Able to Spot an Opportunity
- Organised
What motivates an entrepreneur?
Why would someone want to start a business? Is it just to become rich and famous? Here are some motivators entrepreneurs may have:
- Be their own boss. They can set their own working hours and are in control of their finances.
- Follow a passion.
- To prove to themselves and others that they can be successful.
- Pay the bills after losing a job.
- To help people and solve a problem
Very few people start businesses in order to become rich. Those who are focused on money are usually the ones who fail, as they haven't got any other motives. They are so focused on the money, they don't have enough passion for the product and cannot sell it.
Is it all fun and games?
Absolutely not! Running a business can be more stressful and involve more hours than a 9-5 job. As they say, businessman or women never stop working. If you're sick, you can't phone in for a day off. You can't blame someone else if something goes wrong, either. You are responsible for the business. If you don't make money, you go without food and further into debt. Also, if you don't get the right balance between work, play and family, you are going to become depressed, stressed and tired. It can be a real strain on the best of families.
But if you enjoy what you do, the drawbacks can be minimised or even eliminated. If you enjoy it, it feels less like work and you have the opportunity to surround yourself with many like-minded people that share your enthusiasm and want to make the business a success for the right reasons. If this sounds like you, then take action. No one became successful and happy in life without doing anything. If you want it, go get it.
No comments:
Post a Comment