July 7, 2006
Entrepreneurship Is Hip
Posted by Dave Lorenzo - Business Coach
“Entrepreneurship keeps getting cooler, and the entrepreneurs keep getting younger.”
Inc.com’s Young and the Restless feature highlights five standout young entrepreneurs. Age has very little to do with potential for success in business and as an entrepreneur. Value is the key component. Other characteristics typical of entrepreneurs include:
Confidence. If you’re going to strike out on your own and try something new, you’re going to have to believe in yourself and what you’re offering. Confidence is magnetic, and when you’re selling something you believe in completely, customers are naturally drawn to you. Confidence is a skill that can be developed. Act as if you are already in the position of success you seek. Your mind will catch up to your behavior before you know it.
Risk Tolerance. Starting up your own business is risky, and you have to be willing to take a leap to get off the ground. Risk takers have just as many fears of failure as everybody else, but they always have a Plan B and a Plan C. Knowing you’ve got somewhere relatively soft to land if you fall makes it much easier to jump.
Adaptability. If you want to sustain yourself with your own work, you have to be flexible and adapt to what your clients need. Entrepreneurs perform so many different job functions, and they have to be ready to learn new skills all the time. Most business owners say that one of the best things about their work is that they’re always doing and learning new things.
Creativity. While not every entrepreneur is required to innovate and develop groundbreaking new products and services, all of them need to know how to reinvent old ideas and make them fresh. They must also be able to develop a personal brand, work with all different kinds of people, and present ideas in new and exciting ways.
Urgency. The business owner’s work is never done, and he can’t afford to take a lackadaisical approach to his business. He must discover opportunities and pounce on them quickly. To keep business relationships healthy and peaceful, he must be in close touch with his clients, ready to make quick decisions for their benefit. A superachiever has her finger on the pulse of the business world. She tunes in, reacts quickly, and makes things happen.
Anyone of any age can have these five traits, and all the others that make up a well-rounded entrepreneur. You don’t need years of experience, thousands of dollars, or the perfect moment to start your own business. The many young entrepreneurs of today prove it.
Posted by Dave Lorenzo - Business Coach
“Entrepreneurship keeps getting cooler, and the entrepreneurs keep getting younger.”
Inc.com’s Young and the Restless feature highlights five standout young entrepreneurs. Age has very little to do with potential for success in business and as an entrepreneur. Value is the key component. Other characteristics typical of entrepreneurs include:
Confidence. If you’re going to strike out on your own and try something new, you’re going to have to believe in yourself and what you’re offering. Confidence is magnetic, and when you’re selling something you believe in completely, customers are naturally drawn to you. Confidence is a skill that can be developed. Act as if you are already in the position of success you seek. Your mind will catch up to your behavior before you know it.
Risk Tolerance. Starting up your own business is risky, and you have to be willing to take a leap to get off the ground. Risk takers have just as many fears of failure as everybody else, but they always have a Plan B and a Plan C. Knowing you’ve got somewhere relatively soft to land if you fall makes it much easier to jump.
Adaptability. If you want to sustain yourself with your own work, you have to be flexible and adapt to what your clients need. Entrepreneurs perform so many different job functions, and they have to be ready to learn new skills all the time. Most business owners say that one of the best things about their work is that they’re always doing and learning new things.
Creativity. While not every entrepreneur is required to innovate and develop groundbreaking new products and services, all of them need to know how to reinvent old ideas and make them fresh. They must also be able to develop a personal brand, work with all different kinds of people, and present ideas in new and exciting ways.
Urgency. The business owner’s work is never done, and he can’t afford to take a lackadaisical approach to his business. He must discover opportunities and pounce on them quickly. To keep business relationships healthy and peaceful, he must be in close touch with his clients, ready to make quick decisions for their benefit. A superachiever has her finger on the pulse of the business world. She tunes in, reacts quickly, and makes things happen.
Anyone of any age can have these five traits, and all the others that make up a well-rounded entrepreneur. You don’t need years of experience, thousands of dollars, or the perfect moment to start your own business. The many young entrepreneurs of today prove it.
posted by AcrosticGuy at 11:11 AM
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