Are You Ready to be an Entrepreneur?
For some people the thought of being an entrepreneur scares them, where others it confuses them. It confuses them as they really don’t know what being an entrepreneur means. Simply put an entrepreneur is term applied to a person who is willing to launch a new venture or enterprise and accept full responsibility for the outcome. Sounds simple right but let me tell you don’t under estimate the simplicity of that definition.
What are the criteria that you should use to understand if becoming an entrepreneur is really what you want to do? As an individual who has gone through this change already, and having helped many others do the same thing, the following 5 items are what I feel are the key factors you should look at:
Your current level of satisfaction
How badly do you want to change? Are the items that you want to change situational based or more systemic in that they are all encompassing (i.e. need to generate more income). Can you pin point where the dissatisfaction is coming from. This soul searching can be very revealing so pay attention to what you discover!
The effort that you put into this will pay off in the end that much I guarantee. You will get a true understanding of what you “Why” is, and that will lead you to what you need to do. It may tell you that being an entrepreneur is not right for you and that just a simple job change is all you need. Great! That just saved you a lot of time and possibly money. However if you see that becoming an entrepreneur is really what you want, having your “Why” clear in your mind will make you unstoppable!
This is not about being an introvert versus an extrovert, this is more your risk tolerance. What types of risks are you willing to take? Are you the kind of person that is OK with looking at yourself in the mirror and knowing that you and only you are responsible for your success? To be disciplined enough to do the tasks that are required every day to build your business? Are you motivated by more than just money? While most successful entrepreneurs are wealthy, very few of them started simply because of the desire to earn more money.
Remember that money as a motivator will not work. As an entrepreneur your first few months may not generate a lot of money, and if money is the only motivator, the lack of it coming in may get you discouraged quickly and start to doubt your resolve! The number one entrepreneur killer, self-doubt!
Being an entrepreneur requires you to obviously plan and run your new business venture, but what a lot of people forget to pay attention to is their personal lives! This is where your planning becomes paramount. You have to be able to run your new venture, and yes, it will take up the majority of your time when you first start, but also have to balance your new commitment you're your personal commitments, as they won't stop just because you started a new business venture. If you think that your new business venture will not have any effect on your life now, think again, something is wrong. New businesses don't start themselves and the amount of work you have to put in is extremely high at the beginning. If you aren't putting the time in and doing the work before you know it your business is not growing, it's not producing, and the business venture is not successful!
The makes your time of the essence and you have to be able to work with your loved ones to create the proper balance. To know that there will be sacrifices made in order to get the business off the ground, and then as the months go by and you get more efficient at your business, maybe even hire a few employees, your time is not so crunched and you can start to see the fruits of your labor.
For More Information on Employee Entrepreneur Mindset go to Page 3
Become an Entrepreneur
Possessing a team of like-minded people is one of the keys to success and is essential in any business. The results you achieve will be directly related who you surround yourself with. You may be in business for yourself, but you cannot do it by yourself, you need a team. A team that you can rely on. Engineered Lifestyles has the experience and can provide you with the team you need for success!
If you or a team of individuals are in a situation where you want to become an entrepreneurs, but require a business opportunity and assistance to establish it, Engineered Lifestyles is the first step for you. Contact us now to start planning your successful future.
Building Financial Security
There is no short cut to success. There is however a difference to the efficency and methods you use to build your financial security. Take a moment to look around and you will see countless people all working in their own way. Who is successful depends on their financial goals and if they are achieving them. What works for them may not specifically work for you.
This is why you must inform yourself of the possibilities which exist all around you to achieve your desired level of financial security. Information is key, then taking action is vital to your success.
Those that want it the most will take the time to become informed. To get the information and support they need to generate the income they want. Why wait any longer? Click here to get more information
Start living the life of your dreams!
- Business of the 21st Century
- Definition of an Entrepreneur
- Definition of Entrepreneurship
- Entrepreneurial Growth in Emerging Markets
- Entrepreneur Risks
- Entrepreneur Skills
- Finanical Security Through Entrepreneurship
- The Perfect Business
- Recession Proof Your Income
- Types of Entrepreneurs
- Who are Entrepreneurs
Additional Topics of Interest
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