Signs of a Good Entrepreneur

By Monday, May 26, 2014 0 No tags Permalink

Well before you get a business license or even start thinking about putting together a business plan, there are telltale signs you have what it takes to be a great entrepreneur. It takes equal amount of dreaming and ambition, a unique formula few people have. You might not fit into the corporate boxes you’ve been put into, but it’s not because you’re “not a team player” — it’s because your simply don’t thrive underneath of somebody else.

I’m not saying everyone who fails in a corporate environment is meant to be an entrepreneur. That’s like saying all kids who don’t do well in school are so smart, they’re bored because they’re not challenged enough. However, if you’re considering a startup or otherwise becoming an entrepreneur, you probably already have an inkling you’ve got what it takes. Here are a few other clues to consider before making the leap.

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What’s Your Personality?

Successful entrepreneurs are creative, innovative and they don’t feel confined by guidelines and “how it’s always been done.” Whether they are a high tech, robotic company or a smaller advertiser of rabbittraps for salefollow, they look for better solutions, not just avenues for making existing ones easier. Usually, successful entrepreneurs also have a background in a corporate environment, tech startup or another platform that has helped them learn the basic skills everyone needs to manage a company. However, this doesn’t necessarily mean they’ve flourished during this time.

At the same time, entrepreneurs need to be excessively driven, not just about starting projects, but finishing them. Dreamers too often get caught up in the early stages, but entrepreneurs have a desire to see things through quickly and efficiently. They may have signed up for extra credit in school, or committed themselves to a variety of projects on top of schoolwork. They naturally seek out the next best thing and have a genuine curiosity.

They Learn and Break Rules

To man a startup, a person has to have the dedication to follow the rules, whether it’s hiring practices or figuring out business insurance. This can be dry, boring work but it’s a requirement that must be met. Once a good entrepreneur knows rules, they can then look for loopholes in some cases or ways to get the rules taken care of in a more efficient manner. After all, few people are extremely successful by following guidelines to the letter and seeking out alternatives is the sign of a savvy business owner.

It’s not easy to start a business — it’s not even easy to be a freelancer with a lucrative salary. You need to be able to take the hits and endure the bumps along the way. Becoming easily frustrated, overwhelmed or having stress symptoms that impact professional or personal lives isn’t an option.

A Balancing Act

There are some “successful” entrepreneurs who live and breathe their business, and they might feel happy doing so. However, many would argue that true success involves not just having a successful business, but enjoying everything that comes with it. Whether it’s indulging in your favorite hobbies, spending quality time with loved ones or raising a family, it can’t be all work and no play.

Entrepreneurship is not for everyone. However, if it’s for you, why haven’t you set sail yet?

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