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10 Signs You might Be An Entrepreneur

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10 Signs You might Be An Entrepreneur

It seems like everyone wants to quit their job to be an entrepreneur. Being your own boss has its appeal, but it requires you to work ten times harder than you would at a regular job. It requires discipline, dedication, and determination.

In case you’ve been toying with the idea of starting your own business, the attributes below will help you know if you’re cut out to be the next big CEO or not.

1. Most of your family members are self-employed

Entrepreneurship comes naturally. Some people have it while others don’t. However, a lot of successful entrepreneurs come from families with a considerable number of self-employed individuals, it runs in the family.

10 Signs You might Be An Entrepreneur

This doesn’t mean you should give up on your dreams just because your family hasn’t any business minded people. There are successful business men and women who have risen to admirable levels having being the only ones to do so in their families.

2. Passionate

A business started out of passion is more likely to succeed than one driven out of want for money. If you are a passionate individual, you are more likely to do well as an entrepreneur.

If you are passionate about what you do, you will never work a day in your life. This means that a passionate business man will always be looking at how to make their business even better, they will give it their all without feeling strained or bored by it. This guarantees success.

3. You create opportunity from unlikely partnerships.

A business person will find ways of creating opportunity from situations where another person would not have thought possible. Business people look at thigs from a money-angle, they’re always seeing opportunity in unlikely situations.

They know how to capitalize on opportunity and make it beneficial to them. They are good speakers and can create partnerships with anyone in any field.

4. You’re not submissive. You resist authority.

An entrepreneur does not like being bound by rules because they are not submissive. He creates his own rules which everyone else has to work around. He is independent and unpredictable, so rules cannot work for him.

10 Signs You might Be An Entrepreneur

This is why you find most successful business men and women either quit school or work to start their own venture. Routine kills them because their brain is forever abuzz with new ideas. They do the opposite of what everyone else does.

5. You see opportunity everywhere.

If you are the kind of person who sees opportunity in every situation, you’re probably cut out to be an entrepreneur.

You are not too bound to one idea, you are open-minded and willing to try new things.

6. You’re a self-starter.

You don’t need encouragement or someone elses’s initiative to start a project. You undertake it on your own. You are sufficiently self-motivated and can work on things and see them through until they succeed.

10 Signs You might Be An Entrepreneur

Self-starters have a strong belief in their abilities. They have little or no self-doubt and are not afraid to fail.

7. You save more than you spend.

You have a good chance of being a successful entrepreneur if you save more thsn you spend. Not just blind saving though, you have goals to achieve and that’s where you’ll direct your hard earned money.

Spenders are not really worried about tomorrow, they live for the moment.

8. You take risks.

Risk takers are more likely to succeed in entrepreneurship. A risk taker looks at how something is going to be benefical in the future, and invests in it, focusing on what they will gain in the end.

10 Signs You might Be An Entrepreneur

A risk taker will not look at the obstacles that may hinder the success of a project, and if there are, he will device means to tackle them. Risk takers are not afraid to fail, and if they do, they look for every possible means to get back up. They treat failure as a lesson.

If you’re a fearless risk taker, then you can take on the entrepreneurship journey.

9. You’re unpredictable.

The mind of an entrepreneur is a whirlwind, it’s like a computer with ten tabs open. This means that their actions are quite unpredictable, they take on different directions very fast especially when they identify opportunity.

They are constantly changing the way they operate, they do not conform to routine. They adapt to the environment around them very fast hence their unpredctable nature.

10. You love competition.

Successful entrepreneurs are driven by competition. They love to take on a challenge. They get excited about beating the next competitor and are always looking for ways to be better than they were yesterday.

10 Signs You might Be An Entrepreneur

Competition provides them a platform to grow and expand their business. It is a welcome challenge.