Surprising insights about successful entrepreneurship!
This month’s business insight discusses a topic that frequently generates polarised views. At one end of the spectrum there are those who believe entrepreneurs are born, whilst at the other end there are those who believe entrepreneurs are made.
Which end of the spectrum are you?
If you believe entrepreneurs are born …
… this may be because you have tried and failed to start your own business. No matter what you have done, no matter how many times you’ve tried … it just never works out for you!
Alternatively …
You may believe entrepreneurs are born …
… because you have started a business that has made enough money for you to live on without hiring professional help. You have a knack for spotting opportunities to make money and you know how to get the word out to enough people with enough money to buy what you are selling.
Whichever experience you’ve had …
… it’s likely that your experience has reinforced your view that entrepreneurs are born. To you, it’s obvious entrepreneurship is not something you can learn…
… or is it?
If you believe entrepreneurs are made …
… this may be because you have tried and failed to start your own business several times. BUT rather than give up, you’ve persevered, deciding to learn from every experience. Okay with making mistakes and adapting your approach, you know that, with better information, you can turn the seemingly impossible into … I’m Possible!
Alternatively …
You may believe entrepreneurs are made …
… because you got the professional help you needed to get started. With the right support, you have learnt how to spot good opportunities to create a lucrative business. You have also discovered how to get the word out to the right people with plenty of money to buy what you are selling. For you, the deciding factor isn’t price… it’s trust!
Whichever experience you’ve had …
… it’s likely to have reinforced your view that entrepreneurs are made. To you, entrepreneurship is clearly not something you’re born with…
… is it?
What if you believe entrepreneurs are partly born and partly made?
If you believe entrepreneurs are partly born and partly made …
… this may be because you were born into a situation where help to get started was freely given, along with readily available finance and introductions to the right connections.
Even so, you also know it takes more than a fortunate background to create a successful business. You still have to work hard, adapt your approach to overcome challenges, learn from failures and successes … all whilst staying level-headed!
So, are entrepreneurs born or made … or is it a bit of both?
As proven by many legendary entrepreneurs, almost any combination can lead to success.
Some entrepreneurs are born with a predisposition to create successful legitimate businesses, possessing the vision to make the impossible possible, along with the determination to make it happen.
Other entrepreneurs are made, learning as much as they can. They are willing to make mistakes and keep on adapting their approach until they succeed.
Some are given help whilst others seek out the help they need.
Some stumble across a lucrative idea at just the right moment.
Others keep searching until they find something that works for them.
Whichever one you are, it is possible to create a very successful business with the right support.
So … can anyone become an entrepreneur?
Based on over 30 years of business experience, research and observation we believe almost anyone can be a successful entrepreneur, as long as …
you stay humble enough to acknowledge you are human and will therefore, inevitably, make mistakes …
you stay tenacious, determined and astute enough to know when to keep going and when to change direction …
you stay wise enough to know you don’t have to have all the answers … nor do you have all the answers …
you remain willing to keep on learning to develop your knowledge and understanding, and …
you willingly seek out professional support when needed to offset any limitations.
So, how can you reach new levels of success on your entrepreneurial journey?
Whether you are,
an Aspiring Entrepreneur taking your first steps,
a Progressive Entrepreneur who's made it through the start-up phase,
a Proficient Entrepreneur who's ready to unleash untapped potential,
or a Serial Entrepreneur creating your business portfolio ...
You can learn how to overcome, and even avoid, pitfalls frequently encountered when creating and running your own business empire.
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