Fifteen Signs–You Are An Entrepreneur
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Passionate, dedicated, optimistic.
These words can apply to entrepreneurs.
But insecure and trouble-maker are also accurate,
according to many who know a success when they see one.
You might be an entrepreneur, if the following traits describe you…
One, you take action.
founder of The Corcoran Group and co-star of TV’s Shark Tank,
says, “people who have a concept but not a detailed strategy
are more likely to have that special entrepreneurial ability.”
Corcoran ‘s recommendation
“Invent as you go! Rather than spending time writing a plan at your desk.”
Two, you’re insecure.
“Many entrepreneurs are really insecure underneath.”
“Those who are nervous about failing can become hyper-focused on success.”
If you feel insecure,
use that emotion to drive you to achieve your business goals.
Three, you’re crafty.
“One of my favorite TV shows growing up was MacGyver,”
says Tony Hsieh, CEO of Zappos.
Because he never had exactly the resources he needed,
but would somehow figure out how to make everything work out.
Hsieh says he admires MacGyver’s creativity,
optimisim and street smarts.
It’s not about having enough resources,
but being resourceful with what you do have.
Four, you’re obsessed with cashflow.
“All I ever thought about was crashflow and liquidity.”
says Joe Gustafson, founder of Brainshark.
You need cash to fight the battle one more day,
even if you have the best company in the world.
Five, you get into hot water.
Stephane Bourque, founder and CEO of Incognito Software, says,
“True entrepreneurs are more likely to ask for forgiveness than permission. “
“Entrepreneurs are never satisfied with the status quo. “he says.
Bourque says, “I wish my employees would get into more trouble,
because it shows they’re on the lookout for opportunities to improve.”
Six, you’re fearless.
“Where most avoid risk, entrepreneurs see potential.”
says chef Robert Irvine, host of Food Network’s Restaurant Impossible.
“In some ways”, he says, “entrepreneurs are the ultimate optimists.”
Because they operate under the belief that their investments of time and money
will eventually pay off.
Seven, you can’t sit still.
Entrepreneurs have unbridled energy
that fuels them long pass the time when their employees have gone home.
They are eager, excited and energized about business
in a way that makes them stand out.
Eight, you’re malleable.
“If you have only one acceptable outcome in mind,
your chances of making it are slim.”
cautions Rosemary Camposano,
president and CEO of Halo Blow Dry Bars.
Smart entrepreneurs consistently evolve,
tweaking their business concepts in response to market feedback.
Nine, you enjoy navel gazing.
“Entrepreneurs need to be comfortable with the process of evaluating their own performance.”
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says Laura Novak Meyer, owner of Little Nest Portraits.
Little Nest surveys every client to ask for opportunities
And Meyer has worked closely with the business coach
to identify personal areas where she needs to improve.
Ten, you’re motivated by challenges.
“When confronted by problems, entrepreneurs rise to the occasion.
Challenges motivate them to work harder.” says Jeff Platt,
CEO of the Sky Zone Indoor Trampoline Park Franchise.
Candace Nelson, founder of Sprinkles Cupcakes agrees.
Eleven, you consider yourself an outsider.
“Entrepreneurs aren’t always accepted. “says Vincent Petryk,
founder of J.P.LICKS, a chain of ice-cream shops.
“They are often rejected for being different in some way,
and that just makes them more harder.” he says.
Twelve, you recover quickly.
If you fail, resist the urge to mope or feel sorry for yourself.
Don’t wallow, move on to the next big thing immediately.
Thirteen, you fulfill needs.
“Many people recognize marketplace holes,
but the true entrepreneur takes them from cocktail napkin to reality.”
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says Jennifer Dawn, partner in SAVOR THE SUCCESS,
a business network for women.
“Entrepreneurs think of a way to fix it and take steps to fix it.
They are innovators.”
Fourteen, you surround yourself with advisors.
Actress Jessica Alba, co-founder and president of The Honest Company,
says, “It’s important to surround yourself with people smarter than you
and to listen to ideas that aren’t yours.”
True entrepreneurs don’t hire yes man;
they talk to those with experience and conduct thorough research,
gathering as much information as they can to make informed decisions.
Fifteen, you work and play hard.
“Entrepreneurs fall down and pick thenselves up until they get it right.”
says Micha Kaufman, who snowboards and sails in addition to running Fiverr,
the online markerplace he co-founded.
During Fiverr’s launch,
instead of trying to deal with an endless number of potential challenges.
Kaufman and his team focused on the single biggest challenge every marketplace has.
“Building liquidity,” he says.
“Not building liquidity is like worrying about the skills needed for
frontside 360 jumps before learning snowboarding basics.”