Member Article

What is entrepreneurship?

The dictionary defines an entrepreneur as somebody who sets up a business, taking on financial risk with the aim of making a profit. Whilst this is true, I think there is so much more to it than that. When you start to look at the great entrepreneurs, you will start to notice similar patterns emerging across their behaviours and personalities. Often, entrepreneurial people are not the most academic. They might not have achieved the best grades at school or taken the University route, but their drive and determination often means that they create something wonderful and leave a lasting legacy.

Thoughts

In general, entrepreneurs look forward where others might dwell on the past or become wrapped up in the present. Personally, I always have one eye on the horizon, deciding where it is that I want to go and honing in on it. If you think about the past then avoid focusing on mistakes. Instead, list your achievements. This will give you a boost of confidence in your ability and keep you positive about the future. Starting a business is a journey and a true entrepreneur doesn’t give up on it half way through.

Skills

Have you ever met an entrepreneur who wasn’t incredibly resourceful? No, me neither. That’s because they are driven by a need to achieve and to get where they want to be as quickly and efficiently as possible. Entrepreneurs are the kinds of people who don’t stand in queues; they just find a faster way of getting to where they want to be.

Actions

Are you an early riser? Do you get up while others are still sleeping in order to get as much out of your day as possible? If this sounds like you then you’re probably entrepreneur material. I have also noticed that these kinds of people have a craving for knowledge, looking for advice from great minds and prolific figures. I get through so many books, just teaching myself as much as I possibly can. It’s the best way to prepare yourself for success as an entrepreneur. You can never learn enough; there’s always room for improvement. It’s also a really great idea to make use of simple goal-setting techniques. Sit down and list out the things you want to achieve in each area of your life or business and write down how you plan to achieve them. Goal-setting is essential if you’re to move forward.

This was posted in Bdaily's Members' News section by Lawrence Jones .