Are you a pioneer who’s willing to take business risks? An innovator who develops ideas until they come into fruition? A leader who is skilled in organizing and managing a business venture in a constantly evolving global marketplace?
If you answered yes to all three questions, then you have what it takes to be a successful entrepreneur!
Whether you are a super geek behind some big-time tech startup or a crocheting maven with your own little Pinterest shop, this is what entrepreneurship is essentially about: turning a unique, viable idea into a profitable business.
A common misconception about entrepreneurship is that it’s all about having a great concept that’s never been thought of before — easy peasy, right? Wrong. On the contrary, that’s just the first step. According to Bruce Bachenheimer, executive director of the Entrepreneurship Lab at Pace University in New York, “Entrepreneurship is much broader than the creation of a business venture.” He goes on to say that, at the very core of entrepreneurship, “it is a mindset — a way of thinking and acting. It is about imagining new ways to solve problems and create value.”
Typically confident and self-motivated, successful entrepreneurs usually possess equal amounts of chutzpah and self-awareness of their limitations, with a healthy willingness to learn from their own mistakes, as well as the mistakes of other moguls who came before them. They are also unfazed about failing and starting over again, just like two of the greatest entrepreneurs of all time: the late Steve Jobs and his co-founder Steve Wozniak, who built the Apple empire after going through failure, disappointment, and even ridicule from their peers.
So, if you possess these qualities, and have the capacity and willingness to take a unique idea and run away with it by developing and managing it into a business venture to make a profit — taking risks along the way to success — the you’re on the first important step to becoming a successful entrepreneur!
Successful entrepreneurs are at the forefront of the world’s technological and social movements, shaking up the landscape and pushing the envelope with their forward thinking. In essence, they dream big. But they don’t stop there. What separates them from the perennial dreamers is the most important part of being a successful entrepreneur: they are DOERS.
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