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Are You An Entrepreneur?
With all the buzz about everybody being an entrepreneur these days wouldn't it be nice if you could really find out if you have what it takes?
Sure it would.
The following profile was adopted over a period of several years of research from successful entrepreneurs worldwide to assist would-be entrepreneurs determine if they have the traits to undertake a new venture.
Can we describe what an entrepreneur is? Simply, an entrepreneur is one who undertakes something new or remakes something old and eventually succeeds. Entrepreneurs may fail, and often they do, before they get it right. But there are no entrepreneurs who are failures. Entrepreneurs only look upon a failure as a stepping stone. One door closes, another opens.
Do YOU have the entrepreneurial mystic?
This assessment is the result of analyzing the character traits of successful entrepreneurs. It measures entrepreneurial readiness whether one considers s/he is an entrepreneur. Much study and research by academics around the world has gone into attempting to determine who is, or can be, an entrepreneur. Unfortunately, not one reliable predictive model has successfully been developed, nor is it likely one will beyond identifying the traits and trying to measure up to them.
This all seems pointless however even if one has the traits because it does not guarantee any measured individual will become an entrepreneur. Just having the traits does not guarantee SUCCESS and yet success is required to earn the title of Entrepreneur. If, for example, an individual assessed has all the apparent attributes of a so-called entrepreneur but fails in the new venture they undertake, the mantel of the true entrepreneur can never be worn because the word "Entrepreneur" is embodied in the word "Success". (www.CEFE.org)
Rate each of the following eleven characteristics as you believe it relates to you using the following scale.
+2 = I am very strong in this characteristic
TRAITS: CIRCLE ONE CHOICE in EACH TRAIT
Total your score for the eleven characteristics. Add the pluses and subtract the minuses. Your score will fall between -22 to +22.
A high positive score demonstrates you have the characteristics needed to succeed as an entrepreneur while a low or negative score demonstrates the opposite. Your current job, experience, and motivation have much influence. Fairly passive or low scores can move to fairly positive or high scores with just the loss of a job. Displaced persons are among the most successful of entrepreneurs regardless of prior traits. They earn the title, if for no other reason, than they have nowhere else to turn.
One thing we do know is that regardless of what your score is, without a passion to succeed at all cost, the title of entrepreneur and the notoriety that goes with it, will forever elude your grasp.
Fred DiUlus is CEO & Founder of Global Academy Online, a premier provider of private label online curriculum to colleges, universities, and education organizations. He is also the author of "Guerilla Entrepreneurship: The Original", a classic entrepreneur's guide to success and the Free eBook, the "Best & Worst Online College Degree Programs".
Entrepreneurial Traits that Drive Sales
Frequently overlooked and hidden deep within our marketing tool box is the ultimate marketing vehicle for your business - you! Many small business owners are so busy figuring out how to increase sales and revenue they forget to grow themselves as business owners. If you aren't evolving yourself, aren't you being counterproductive to your business development? Marketing our businesses isn't just about what ads to buy or what networking event to go to next; it's about us as people, as entrepreneurs.
Everything You Wanted to Know About Public Domain Info, but Were Too Afraid to Ask!
What to Look Out For:Copyright - you absolutely must check on this - violating someone's copyright is not clever and can be a really expensive mistake not to mention seriously damaging your reputation. Is it really public domain? All those lawyers fees can really mount up when checking into all this but believe me, you really don't want to end up in court over it.
5 Habits Of Successful Entrepreneurs
Habits get a bum rap. When you think about your habits, I bet you think of the "bad" ones - the ones that you aren't particularly proud of, like eating too much sugar, or smoking, or dwelling on your negative thoughts.
Become a Recognized Authority in Your Field - in 60 Days or Less!
You don't have to be rock-star famous before you are recognized as an authority in your field. You just have to begin to get the word out.
How Entrepreneurs Succeed - The 5 Qualities Needed For Business Success
What is it that sets a successful businessperson apart from an average businessperson? Is it down to pure and simple luck, or is it all about having an amazing idea and a successful and strategic business plan in place?Well, these factors do indeed go a long way to turning a good business idea into a successful business operation, but they have nothing to do with what makes the 'person' succeed at business.Every great entrepreneur naturally has 5 key attributes that sets them aside from their competition and that ensure they will succeed where others may fail.
16 Vital Traits Shared by All Successful Entrepreneurs
The first step in deciding whether to start a business is to ask yourself this important question: "Do I have what it takes to be an entrepreneur?" A variety of experts have documented research that indicates that successful small business entrepreneurs, whether male or female, have some common characteristics. How do you measure up? It will be up to you -- not someone else telling you - to develop projects, organize your time and follow through on details.
How to Be an Entrepreneur and Keep Your Sanity
Define for yourself what an Entrepreneur is:What makes you think you can start and grow a business?Do you make something that people just have to have?Are you talented in a way that make you stand out from the crowd?What makes you different from Joe Schmoe?Conduct a quick skills assessment and ask yourself what makes you stand out from the rest?What are your ultimate goals? Why are you striking out on your own?· Burning Desire· Financial Empowerment· A new beginningWhat's the Big Idea: Contrast your strengths and weaknesses. Identify your hobbies, skills or your any innovative products you've created, then:· List it· Test it· Work it· Sell itTick-Tock-Tick-Tock.
How Much Risk is Necessary to Grow Your Business?
A business owner is thoroughly responsible for their own financial survival and possibly the financial survival of their employees. Business owners, for the most part, seem to be "risk takers", who really don't easily "go with the flow".
Raising Capital for Your Business - How Long Does it Take?
Most companies vastly underestimate the time commitment necessary to successfully complete a financing. In actuality, a company seeking financing needs to budget between 500 to 1000 work-hours to the capital-raising process, spread out over a 6-9 month time period.
Does It Really Take Money To Make Money (Online or Offline)? A Reality-Check of 2 Case Studies
The short and simple answer to this question is NO!Now, before you start screaming that I am crazy, out of my mind, have lost my marbles and all the other things that generally get tossed around when someone has the nerve to state something like that, let me clear a few things up.It does not take a monetary investment to get your business off the ground (aside from the everyday items you already have around your house).
7 Lean Marketing Laws For The Inspired Entrepreneur
The following laws will provide guidance on how to act,think and work in a lean way. You can apply these laws toall areas of your life, work and business to get biggerresults from the time you invest.
Territory Limitations Policies for Franchised Companies
All franchised companies must have Territory Limitations to maintain the peace within their systems. Often the unspoken ethics of territory limitations are blurred with mobile, home based or online franchise companies.
From Employee to Entrepreneur: Taking the Plunge
Before you decide whether or not running your own business is right for you, start by pinpointing your area of expertise and assessing your aptitude for business.Starter Questions Ask yourself the following questions:- In what areas do people approach me for advice and assistance? From what parts of my job do I get the most satisfaction?- What do I like doing so much that I would do it even with no pay?- What hobbies or interests could I "spin off"into a small business?- Do I enjoy budgeting and financial planning?- Do I enjoy making cold calls, tele-marketing and selling?- Do I have enough self-discipline to work on my own?- How easy is it for me to bounce back from rejection & setbacks?Proceed with CautionBefore you take the plunge, it's important to "wade in gradually" or you may just find yourself swamped.
Surviving the Three Pitfalls of Business Ownership
The morning sun sheds its brilliance and warmth on your sleeping face. 10:00 a.
Rx for Falling Corporate Profits
Once again the squeeze is on as renewed inflation worries slow the economy's growth and many companies resort to believing that cost cutting is the best means to scramble back to profitability in an uncertain economy. The problem with this classic approach is that it sends the clear message to your brightest and best talent that no matter how well they perform, today there is no job security.
The Myth of Undercapitalization - Six Ways Entrepreneurs Achieve Success in Spite of Start-Up Money
This year more than 17 million people will become entrepreneurs, according to the National Association of Self Employed (NASE). By the end of the year, 8 million of them will return to the corporate world because their entrepreneurial effort did not succeed.
Double Your Income Automatically
It is a common known fact that it is far cheaper to keep an existing customer then it is to acquire a new customer. With this fact in mind you need to do everything possible to keep your existing customers happy and find complimentary products to offer your existing customers.
Creativity & Entrepreneurship: The Creative Evolution of an Intellectual Propertyİ
In each of us, there is a creative spark - a unique purpose and destiny for which we are born. Most of us have forgotten what that special gift is, or we are afraid to live it.
Good Questions, good Answers; Bad Questions, Bad Replies
I'm convinced that asking the right questions is one of the most important skills you need to become a successful business person. Questions have the power to direct you or to distort you.
Determine Your Niche & Be Successful
What's a niche?Dictionary.com provides a great, twofold definition:"A situation or activity specially suited to a person's interests, abilities, or nature.
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