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Do You Have What it Takes to be an Entrepreneur?

Being an entrepreneur does not come easily. It takes a certain person to be an entrepreneur. Entrepreneurs are innovative; looking for new ways of doing something. Innovative doesn’t necessarily mean they create something new from scratch; rather they may offer up a better way of providing a service or an improvement in a product to better meet consumer needs. They are consistently looking for better ways to get things done.

Certainly you must be a risk taker. Being an entrepreneur means you are willing to take risks – calculated risks but risks all the same. Entrepreneurs are social people – they are interested in what others are doing around them and learning from them.  A recent article in Business on Main, Top 3 Traits of the World’s Best Entrepreneurs, notes that the best entrepreneurs are:

  • Idealistic
  • Great teammates
  • Characters with character

I’d add to that list – they are also:

  • Risk takers – willing to take calculated risks to move forward with an idea.
  • Flexible/adaptable – able to make changes when their idea heads in the wrong direction or based on input from others; able to adapt to new situations that arise.
  • Decision makers – able to make decisions rapidly with the information they have in an environment that is full of uncertainty; they don’t get hung up on needing consistently more information to make a decision.
  • OK about failing – it happens to every entrepreneur! However, they learn from their failures.

How about you? What do you think it takes to be an entrepreneur? Do you have an entrepreneurial mindset? Please share your thoughts in the Comments field below. Thanks!

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