You can see yourself as an entrepreneur, setting your own hours, being your own boss, enjoying the liberty of being self employed. And you can really imagine what life will be like once you re a big success and with the purpose of pulling in all that cash.
But lets hang on a bit here. Before you run to Las Vegas and spend all that money, let me ask you something: Do you have what it takes to be an entrepreneur? Do you really exhibit what it takes to get rich?
To answer, let’s see how you rate on these five characteristics. Can you / do you:
* Stick with something even as soon as you don’t yet see results? The day you launch your business will be an exciting day of your life. You will be so excited for several days if not weeks.
But once the excitement wears off and now you’re working the same amount of hours, trying to get your business off the ground, but it’s just not as exciting any more. And worst of all you’re not making any money and its hard to stay motivated to keep you moving ahead.
Let me ask you this: If something doesn’t pay off right away can you stay with it? If you can, maybe this entrepreneur business is for you.
* Let go of a losing plan? Believe me on this: When you spend so much time working on an plan, it will feel like something you created from scratch.. And really it is, because it certainly is your brainchild.
But what happens if your plan doesn’t succeed? What if one specific idea is clearly dragging down your whole business? Will you be able to let go of it, even though in your heart it’s very hard too? If you can maybe you’ll make a good entrepreneur.
* Have confidence in your abilities? There will be doubt in your abilities by other people, some will even laugh at you. If you listen to them odds are success will be difficult to come by.
Are you assured in your abilities and your plan? If you are, maybe you will be a good entrepreneur.
* Know the worth of the products/services you provide? Here s a wide problem: At times beginning entrepreneurs work so hard just to earn pennies. And a lot of times this happens for the reason that they don’t assess the solutions they re offering. The newly entrepreneur thinks I would not pay that much for this product so he keeps the prices low.
You are not your market. You are not your customer. Providing a product or service with a high value, then you should charge your customers accordingly. If the cost you’re charging is too much, the customer will let you know.
But until then, you need to appreciate the solutions you provide. And if you do respect your products or services, then maybe you will make a good entrepreneur.
* Solve problems? Lastly, and this is a significant one, are you a problem solver?
Unmistakably, problem solving is an asset when you’re an entrepreneur, because you’re the one where the buck stops in your business. There’s no boss to solve your problems you’re the boss. So it’s up to you to expose and solve problems in your business.
But here’s the bigger reason: Solving your customer’s problem’s is your business. If you know how to recognize and solve your customer’s problems, then you might be a good entrepreneur.