Entrepreneur - Do You Have What It Takes?


by Christopher Ferrante - Date: 2007-03-06 - Word Count: 538 Share This!

What is an Entrepreneur? I ask many people this question and it's funny how many people think they are one but always seem to give a very vague definition. The most common answer is a person that starts his or her own business. The meaning of this article is to digg alittle deeper into that question and hopefully by the end you will know exactly if you have what it takes to be an Entrepreneur.

An entrepreneur (a loanword from French introduced and first defined by an Irish economist named Richard Cantillon) is a person who undertakes and operates a new enterprise or venture and assumes some accountability for the inherent risks. Entrepreneurship is often difficult, as many new ventures fail. In the context of the creation of for-profit enterprises, entrepreneur is often synonymous with founder. Definition by http://www.wikipedia.com

According to the definition above an Entrepreneur is a person who undertakes a new venture, ok yes we all agree on that but look at the next part "assumes accountability for the risks". An Entrepreneur takes accountability for the risks because simply they have to take risks to succeed. Any time you venture into business for yourself there is always going to be a certain amount of risk involved. This sometimes scares people, naturally venturing into the land of uncertainty can be scary but to the Entrepreneur it's exciting. Entrepreneurs share a certain trait the need to do well and if that means taking risks then so be it.

Lets get alittle deeper, An Entrepreneur is a born leader the person who wants to lead his or her team to success. They do not like to be guided by the hand so if you need a step by step guide to become successfull or someone to lead the way, most often then not your not an Entrepreneur. Don't take that the wrong way it's great to learn but there is going to be a time when you need to take charge and that is the part Entrepreneurs strive for.

Another trait of an entrepreneur is their ambition to conquer obstacles. Never running from them but attacking them head on. All obstacles and failures are, in my opinion the best learning tools available to the Entrepreneur. An Entrepreneur never looks at a failure as a failure but a lesson learned.

I want to rewind a bit and discuss an Entrepreneurs need to succeed. In my opinion this is the number one trait that an Entrepreneur possess and I think is the number one reason why very few people and business succeed. A true Entrepreneur never gives up they will constanty strive to succeed even after many failures purely because of their need to be successful. Most people bail out when things seem to get tough, and never get a chance to see how successful their business could have been. Think of it this way, What would happen if you gave up on a child just because he or she didn't get the grades that you hoped for?.

So too conclude this article never give up and strive to be the best. As you and your business mature you will see progress. If you give up on your business, your business will surely give up on you.


Related Tags: home business, entrepreneur, entrepreneurialism, working from home, starting a business

Christopher Ferrante is the creator and editor of http://www.makemoneyonlineguide.net Make Money Online Guide was created to bring our visitors a valuable resource to Home Based Business, Making Money Online, Internet Marketing, SEO just to name a few. We invite you to learn more at http://www.makemoneyonlineguide.net

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