Monday, August 27, 2012
Entrepreneur Mindset
Being an entrepreneur is different from being an employee. Not only is the work differently, but the outlook should be completely changed with a successful transition from employee to entrepreneur.
However, keep in mind that there is no reason to worry. For some, this will be a difficult transition, but it can be done. For others, feel as natural as walking barefoot in the soft grass. Having the proper mindset is the key to success.
At its core, being an entrepreneur means that you must be able to do these three things: solving problems creatively, be willing to take risks, and know when to hire professionals. I believe that these three skills are the foundation of any good entrepreneur. Let's look at each.
Creative Problem Solving
Everyone has problems, and many of these problems are in a work environment. Part of the reason - I suspect - people start their own companies because it is able to solve a particular problem better than their employer. Or at least they think they can. Many successful businesses are started because someone had a creative way to solve a common problem, and wrapped a business model around it.
If you are to solve problems creatively, with excellent results, then you probably already have this capability nailed. You might already have the mentality of the entrepreneur.
Take risks
Starting a company is a risk, but the risks do not stop after the company was formed. Once a company has commenced, may be faced with the risk after risk. There will be times when you, as a business, you feel like the whole world is stacked against you and your company's success. I know from experience that this is not a pleasant feeling.
Regardless, you should be able to take it. Although these risks are taken to have negative consequences, yet you must be willing to take another risk. Being an entrepreneur means you're going to take a risk from time to time. You should be smart, but if you take a risk, it is necessary.
Knowing when to bring the Big Boys
Not everyone is good at everything. Generally, people are good at one thing or a handful of things. In the course of running a business, many, many things need to get done. Sure, you can do everything yourself, but you'll be hungry for the time, too much stress, and soon begin to stumble wide range of dangerous errors.
If you need help, hire a professional. If you're not an accountant, hire one to do your accounting. If you need to fix your office bathroom - very important - hire someone to do it so that it is done well.
The entrepreneurial mind is made up of more of these three characteristics, but they are a good starting point. Getting a handle on these concepts and be able to address more complex aspects of entrepreneurship .......
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