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"Am I An Entrepreneur?"
Part 4 of a series Copyright © 2004 Charles and Holly Egner
http://www.BuildOnYourDreams.com
I would like to determine if I am well suited for an
entrepreneurial career?
(Yes) (No)
Mull over these thoughts...
* What is entrepreneurial talent and do have it?
* Have I tested my entrepreneurial capabilities either
with a personal assessment tool or by participating
in a startup business?
* Have I ever been self-employed before?
* Have I ever worked for straight commission?
* Am I a hard worker?
* Do I have the discipline to finish projects that I start?
* Do I keep New Year's resolutions?
* Am I satisfied with delayed gratification?
* Am I a frugal person or a spendthrift?
* What kind of entrepreneur am I, according John B. Miner?
These are just a few of the important questions that you
need to
consider when considering a career as an entrepreneur. Be
honest
and straightforward with your answers. It is important to
understand your strengths and weaknesses alike before
venturing
into self-employment and the world of entrepreneurship. You
will
learn to build on your strengths to achieve success and work
on
your weaknesses to improve them. You will also learn to
compensate or your weaknesses by finding others (employees
or
outsourcing) to take up the slack, for you cannot be great
at
everything while running a business properly.
A former business partner of ours used to say, "You can't
turn a
giraffe into a tiger. It just doesn't work." Therefore, you
have
to grips with what you are good at, what you can become good
at,
and what you will never be good at when starting your own
business. Remember, the sign of a great leader is when they
can
create a strong and talented team to help them achieve their
goals.
Certainly, in the beginning, when you start your own
business,
you might have to wear many different hats because you
cannot
afford to hire enough people to help you. Therefore, you do
the
best you can and bring on additional people to help you, or
outsource that which you don't do well. In this way, you
make up
for your weaknesses and achieve your goals more quickly.
However, do not underestimate your ability to be successful
as
an entrepreneur. We have coached hundreds of people who
appeared
to be the most unlikely candidates for entrepreneurship and
yet
with proper coaching and training they turned out to be very
successful entrepreneurs. It is essential to take steps to
understand thoroughly your entrepreneurial aptitude and
potential before making any extreme decisions one way or the
other. It is not always easy or comfortable to look in the
mirror with openness and candor. However, it is often the
most
significant first step in your quest to be an entrepreneur.
Now, you have to ask yourself...
* How does entrepreneurship work?
* Where do I start?
* Is there a test, an assessment or some entrepreneurial
appraisal that I can take that will make it clear?
* What do I do next?
These are all good questions to ask yourself if you truly
desire
to embrace an entrepreneurial career. It is extremely
important
to understand how entrepreneurship works. Considering how
much
information is available on entrepreneurship, it becomes
increasingly significant to seek out the right information
and
advice.
There are personality assessments and entrepreneurial
tests you can take to help determine your suitability to
self-employment and entrepreneurship.
What you should do next is continue to look and research all
possibilities for understanding what it is you want to
accomplish in your personal and professional life.
Find information and a program that resonates with you and
gives you the answers that you want and need to be
successful.
Although it may seem overwhelming when you don't have all
the
answers, it becomes clearer if you take each step in a
logical
sequence to first discover and then unleash the entrepreneur
within you.
What is important is that you take that first step in taking
control of your own life and making decisions that will have
a positive influence on your future.
Charles and Holly Egner are veteran entrepreneurs who have
mentored hundreds of entrepreneurs. In 1999 their most
recent
entrepreneurial venture sold for just under $400 million.
BuildOnYourDreams.com helps aspiring entrepreneurs build
the business of their dreams.
Visit http://www.BuildOnYourDreams.com and take their
f.ree business and life strategy Teleseminar today!
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