10 characteristics of being an entrepreneur

10 characteristics of being an entrepreneur

The business manager creates, manages and develops his business. If we may have the impression that this is a unique and identical function for all, it nevertheless evolves as the company grows and is structured, requiring him to be a real manager. orchestra and sometimes even to play several instruments.

You’re about to get started, that’s it, you’re all set! You’ve heard a lot about entrepreneurship, both good and bad, but what’s the genuine version? When you have learned about these 10 essential characteristics of an entrepreneur, you will know whether or not you are ready to become one.

Fear gives wings

It has become common to hear that starting a business takes courage. Certainly, it is necessary, but it is far from being THE rule. If all entrepreneurs fear the same things, they do them anyway. Starting your business will require you on several areas where you will never have walked the ground before. You will need to both call potential customers and prospect for suppliers, produce documents, videos, a website and interviews with potential employees, etc. Doing new things is always terrifying, but rest assured, IT IS NORMAL. The more you practice, the easier it will become!

They don’t hesitate to ask for help

You won’t be perfect in everything you do, but that’s okay. Some are good at marketing, others at sales, but few are experts in project management or finance. Therefore, at the start of your business, you will read books and blog on project management and business finance. You’ll also need to call a few contacts until you find a project manager and CFO who are willing to give you time. You have to calculate the areas in which you are far from excelling and seek help from professionals in the trade.

They are persistent

If you’ve taken this step before, you know how difficult it is to start a business. Without wanting to be discouraged, know that you will have to work harder than you thought and that everything will take twice as long to put in place than you expected. Some days will be fantastic, you will take three steps forward, others will be abominable and you will take four steps back, totally questioning yourself and constantly looking for the mistakes you have made. It is in these moments of doubt, demotivation and fatigue that many people feel ready to give up everything. Only the entrepreneur who understands that bad days are part of the entrepreneurial game can overcome these trials. When you find yourself in a difficult situation, you have to get up and keep moving forward because no one will do it for you.

They are passionate about their business

When the going is tough, just loving what you do and being committed body and soul to your project will give you heart to work and help you overcome this ordeal. However, if your only motivation is money, it is certain that at the first difficulty encountered, you will want to quit everything and find another job.

They are ready to sell

Many people turn something they are good at into a business. For example in fashion right now, you are good at crochet and you market the jewelry that you make. Among these talented people, many earn money, but many also do not receive a euro. The reason for these failures comes from the refusal of some people to sell their products. Serve cookies with the tea to his guests, give them to the neighborhood children, slip one into the maid’s pocket, all this many elderly ladies and only do it… .free, for the pleasure of giving. But most of these entrepreneurs have difficulty asking for money. And when they do, they ask for too little. Having a good product is very important… but selling it is just as important. You are not an entrepreneur who wants …

You need to know your business numbers

Your profession is a passion, but it should also earn you money. You need to calculate your fixed and variable costs (or even try to reduce them) and know your projected income by dividing your optimistic forecasts by five to get a realistic view). You need to be aware of your break even and how to read profit and loss statements.

They are disciplined

Some days you will feel overly excited and ready to take on the world. Other days, the urge to stay in bed all day will be increased. It’s hard to put constraints on yourself when there is no boss to control what you do. The success of entrepreneurs depends on their motivation and the way they get things done.

They keep a cool head

A successful entrepreneur understands that money comes and goes, but your reputation must remain the same.

They know the art of communication

You think we are amazing communicators, but very few people have communication skills. Successful entrepreneurs ask questions, know how to listen and speak in a structured way. They say what they want, why they want it, how they want it, and by when.

They think long term

Successful entrepreneurs are neither fools nor stupid. They don’t believe in getting rich overnight. They are focused on building a business that will still be around 20 years from now.

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