What makes a person an entrepreneur?
NVArchitect
subscriber Posts: 12
The entrepreneur has been the topic of much academic research. Like an animal in the zoo they have been studied at length by economists, anthropologists, management academics, psychologists, sociologists, historians, finance experts and organisational scholars.
Who are these creatures? Why do these persistent people never give up? What drives them to take risks that ordinary folk find overwhelming? Where do they get that energy and that courage? How do they create value from nothing and most importantly … what makes entrepreneurs, entrepreneurs. In other words - what makes the entrepreneur tick.
So keen to add our bit to the debate, Dr. Neil Flanagan and myself sat down to come up with what we think is the A to Z of what makes entrepreneurs - entrepreneurs. What do you think? ... see the knol The Entrepreneur (A to Z) to get the full description.
NVArchitect12/3/2008 8:55 AM
Who are these creatures? Why do these persistent people never give up? What drives them to take risks that ordinary folk find overwhelming? Where do they get that energy and that courage? How do they create value from nothing and most importantly … what makes entrepreneurs, entrepreneurs. In other words - what makes the entrepreneur tick.
So keen to add our bit to the debate, Dr. Neil Flanagan and myself sat down to come up with what we think is the A to Z of what makes entrepreneurs - entrepreneurs. What do you think? ... see the knol The Entrepreneur (A to Z) to get the full description.
NVArchitect12/3/2008 8:55 AM
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When I was 12 my father bought me a remote control toy car which I loved
The next day I "remodeled" my backyard to host a new racing track with some hard-terrain driving
I was very proud of myself and had hours and hours of fun by myself and with friends
My father wasn`t too thrilled about having his beloved yard, what he later referred to as `fubar`ed, evicted of anything even remotely close to a plant
I did grow tired of it about 2-3 weeks later though
If so, can you change your mindset? and if yes, how?
MattTurpin3/21/2009 4:29 PM
Hello, NVarchitect
Being an entrepreneur is about not just starting a business or two, it is about having attitude and the drive to succeed in business. All successful Entrepreneurs have a similar way of thinking and posses several key personal qualities that make them so successful in business. Successful entrepreneurs like the ambitious Richard Branson have an inner drive to succeed and grow their business, rather than having a Harvard Business degree or technical knowledge in a particular field.
All successful entrepreneurs have the following qualities:
Inner Drive to Succeed
Entrepreneurs are driven to succeed and expand their business. They see the bigger picture and are often very ambitious. Entrepreneurs set massive goals for themselves and stay committed to achieving them regardless of the obstacles that get in the way. Strong Belief in themselves
Successful entrepreneurs have a healthy opinion of themselves and often have a strong and assertive personality. They are focused and determined to achieve their goals and believe completely in their ability to achieve them. Their self optimism can often been seen by others as flamboyance or arrogance but entrepreneurs are just too focused to spend too much time thinking about un-constructive criticism. Search for New Ideas and Innovation
All entrepreneurs have a passionate desire to do things better and to improve their products or service. They are constantly looking for ways to improve. They`re creative, innovative and resourceful. Openness to Change
If something is not working for them they simply change. Entrepreneurs know the importance of keeping on top of their industry and the only way to being number one is to evolve and change with the times. They`re up to date with the latest technology or service techniques and are always ready to change if they see a new opportunity arise. Competitive by Nature
Successful entrepreneurs thrive on competition. The only way to reach their goals and live up to their self imposed high standards is to compete with other successful businesses. Highly Motivated and Energetic
Entrepreneurs are always on the move, full of energy and highly motivated. They are driven to succeed and have an abundance of self motivation. The high standards and ambition of many entrepreneurs demand that they have to be motivated!
Accepting of Constructive Criticism and Rejection
Innovative entrepreneurs are often at the forefront of their industry so they hear the words "it can`t be done" quite a bit. They readjust their path if the criticism is constructive and useful to their overall plan, otherwise they will simply disregard the comments as pessimism. Also, the best entrepreneurs know that rejection and obstacles are a part of any leading business and they deal with them appropriately.
True entrepreneurs are resourceful, passionate and driven to succeed and improve. They`re pioneers and are comfortable fighting on the frontline The great ones are ready to be laughed at and criticized in the beginning because they can see their path ahead and are too busy working towards their dream.
The amazing thing is that we all think that we are the one out of ten person and you know what, that's ok. I believe the secret of successful entrepreneurship is persistence. Because if you try ten times, you are bound to eventually hit the "one out of ten" business idea.
Entrepreneurs are characterized by high intelligence, high self esteem, and a higher level of risky, aggressive, and even illicit behavior as adolescents. They make that distinction by separating out self-employed people into two groups.
For me passion. If you have enough passion to do it and guts then you might be next Elon Musk :)
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anyone that has a passion to build nothing to something and has original ideas is an entrepreneur imo
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