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Thursday, March 02, 2006

Do you consider yourself an entrepreneur?

I've always considered myself as a bit of an entrepreneur, but what really is an entrepreneur, and what types of things make them so different to everyone else.

According to Wikipedia.com, an 'Entrepreneur' is a "loanword from the French language that refers to a person who undertakes and operates a new venture, and assumes some accountability for the inherent risks."

To be an entrepreneur, I think that you've got to possess certain qualities that make you different from the rest of the wheelers and dealers who want to be the next Richard Branson.
Firstly, and most obviously, you have to be business-minded, meaning that you always want to make money out of every situation possible, whether it be at work, school, college, at home.
Determination is also the key to entrepreneurial success. If you suddenly have a brain-wave, you must be prepared to follow through with that idea and be prepared to work long and hard in order to achieve your goal. I myself have been a culprit of this, but in reality, it is only those who really motivate themselves, that will get all the riches and fame.
Finally, you have to be a bit risky and a bit of a gambler. Thats not to say that you should spend your whole life's savings on a dead-end project, but it means that you should calculate the risks, but then have the guts to make a quick decision, that could cost you or could see you rise up the ranks.
What if you dont have one of these qualities? Dont give up. As the Army advert says "Aim Higher".

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