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You May Be A Potential Entrepreneur If You Have These 15 Habits

You May Be A Potential Entrepreneur If You Have These 15 Habits

Have you ever set up a lemonade stand outside to make some spare change in your childhood? Or were you the kid that ran a whole lemonade franchise with organized labor, benefits, and a business plan? Well, you might just have all the makings of an entrepreneur.

All of the signs of a true entrepreneur manifest pretty early. You will be able to see them in children as well. If you have these fifteen traits, you might just be an entrepreneur:

1. You take things apart to see how they work

There’s no mystery that you can’t solve! If something seems complex, you’ve been known to take it apart and study it. From VCRs, to computers, to even the basic wind-up toy,  you simply have to know how it works.

2. You are tenacious

Stopping you is impossible. There’s no other way to put it. A setback to you, is just another experience to learn and benefit from.

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3. You dislike being told what to do

Who is anyone else to tell you what to do? No one, that’s who! In all seriousness though, entrepreneurs are leaders, not followers. Taking orders just isn’t your style.

4. You are especially competitive

No one likes losing, but if you take it to a whole new level, you might be an entrepreneur in the making. There is something in the ambition and thrill of victory that entrepreneurs naturally crave. Victory is for the doers and the winners, and that’s you!

5. You set goals

Not just in the sense of passively making plans, but actual deadlines and landmarks to reach that you are sprinting for aggressively. Your time is precious and you spend it getting to exactly where you want to be.

6. You plan everything down to tiny details

No detail escapes your discerning eye – and for good reason. If things aren’t going as planned, it’s not going to escape you, and you are sure as anything you aren’t going to let it get out of control.

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7. You are proud of yourself

This doesn’t mean you’re stuck up or entitled, but rather that you are not afraid to be proud of your accomplishments and keeping on track of your goals. Success is a medal you wear on the inside, instead of the outside.

8. You keep a cool head in a crisis

A crisis can make anyone lose their cool – its a crisis, for goodness sake! Not for you, however. You are the problem-solver, a level-headed leader who is ready to fix the problem and carry on. An entrepreneur knows that a crisis is bound to happen at some point, but instead of being afraid, they are prepared.

9. You make decisions with logic, not your emotions

The term “follow your heart” is one that is common amongst Gen Y and Disney movies. It’s beautiful advice, but not always practical when it comes to making decisions. Being a passionate and driven individual is great, but you make decisions with logic regardless. Knowing logic is the right direction is a sign of a cool-head in play, not an ego.

10. You can persuade people to your side

A diplomat role requires that cool head from the last few points. It also requires being able to persuade people to see your side of things and win them over. A charismatic and open entrepreneur doesn’t forget the basics: connecting with people can help in all aspects of life, especially people who can respect and support your side.

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11. You follow up with people when you are trying to achieve something

Much like the point listed above, connecting with people is invaluable. Following up with them when you are trying to achieve something is just as important. We all know the frustration of a project getting stuck in the pipeline. Being persistent and following up is a sign of tenacity and thinking like an entrepreneur.

12. You don’t lose sight of other people’s emotions

Those people you persuade and follow-up with are still human beings. An entrepreneur doesn’t lose sight of their emotions, not only because they recognize the importance of a good network and team, but they also realize that the emotions of other people are important.

13. You take criticism to mind instead of as a personal insult

Criticism can do everything from raise an eyebrow to rend people to tears, especially when it is criticism towards something considered personal. If you can take criticism without it feeling like a slap in the face, you have the mindset of an entrepreneur at work. After all, a true entrepreneur knows to always listen to their people.

14. You love to learn new things

Some say education ends when you graduate – not for you! If you love to learn and take in new things, your mind is on the track to discovering what you are good at, and what speaks to you personally. If you have many of these other traits, then there is a good chance you already know how to bring it to fruition when it does come.

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15. You can pinpoint the flaws in the plans of others

Ever bite your knuckle when someone is going over their plans? You don’t want to hurt their feelings, but you may just know what is really going to make it work. Still, if you can find those flaws and provide a bit of gentle guidance, that is another check to add to the list.

Conclusion

I am willing to bet that if you are reading this, you already have a strong suspicion that you are an entrepreneur. If you said “yes” to most of these points your entrepreneurial hunch is right on the money!

Featured photo credit: scobleizer via flickr.com

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4 Ways to Send a Money Transfer Online INDX.guru 8 Powerful Hidden Features in Stock Market Apps You’ve Probably Missed 4 Apps To Turn You Into A Stock Market Pro (You Should Use) “I would be so successful if someone just gave me a shot”, you might think. Why not be the one to give youreself a shot? Many people out there have mindsets and attitudes that set them up for failure. They might answer my question with, “That's a crazy idea!” or “I've already tried that!” but how much of that is just making excuses? When it comes to limiting your own success, there are ten particular mindsets that turn those answers into self-fulfilling prophecy: 1. Loafing You'll write that novel just as soon as you're done with your favorite show. Oh, but now you're hungry. You'll get started after a snack. Oh, but now that snack has made you sleepy – a little nap couldn't hurt, right? One of the hardest parts, and the most obvious, of achieving success is the actual work. Procrastinating, making excuses or tricking yourself into loafing is just going to cement the fact that nothing will ever get done. It might not sound pretty, or even too easy, but the easiest way to get to success is to just jump in and get going (which is exactly how I got started). 2. Blaming It's not your fault you're not successful – the industry is bad, you don't have the money, etc, etc. When it comes down to it, however, who is the one responsible for your success? You. This is the day and age where people are launching successful start-ups in a few months, getting published online and finding their way to success one way or another. Some things might be out of your control, but blaming others is just going to waste the energy and time you need to get going. 3. Sour-grapes Being envious of the success of others is almost as bad as blaming them. All the time and energy you could be putting into your own goals is going towards a person who more than likely has done nothing but show you that the goal is attainable. You don't have to be applauding their success, but being envious and sour about it is a waste of time – let it roll off your shoulders and dig down towards accomplishing your own goals. 4. Minimizing others success Again, you don't have to be cheering and raving about the success of others, but minimizing their accomplishments looks bad on you and on your own goals. If you attained success, would you want others rolling their eyes and treating it like it is not a big deal in the slightest? I highly doubt it. “So they climbed Mount Everest, big whoop. Plenty of people have done it before”. Have you? 5. Talking You're going to do this, you're going to do that – the proof is in the pudding, ultimately. 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Last Updated on March 12, 2019

20 Inspiring Vision Statement Examples (2019 Updated)

20 Inspiring Vision Statement Examples (2019 Updated)

There is normally a lengthy list of things you need to consider when starting a business, and if you don’t manage them properly, your excitement can quickly turn into overwhelm. What can support you to stay inspired and on the right track when starting out? You guessed it: this is your vision statement.

What Is a Vision Statement?

A vision statement is like a photograph of your future business, which gives your business shape and direction.

A vision statement provides the direction and describes what the founder wants the organization to achieve in the future; it’s more about the “what” of a business. It is different from a mission statement, which describes the purpose of an organization and more about the “how” of a business.

If you were to take a photo of your future business now, what would it look like? What do you want your business to be recognized for one day?

You need to have a crystal clear vision when you start out, otherwise you can get easily lost in deciding the best way forward. When you are making strategic decisions for your business and even daily operation decisions, your vision statement will give you the inspiration and targeted direction you need.

The Importance of a Vision Statement

Without a vision statement, your business will lack motivation to keep going.

If you don’t aim for anything, you might not hit anything. The more specific and clear you are, the better your chances are at seeing your vision turn into reality.

The importance of a vision statement cannot be overlooked; not only does it provide long term direction and guidance, but it also gives you the inspiration and the necessary energy to keep going when you feel lost.

Always keep your vision statement alive by revisiting it regularly and communicating your vision with other members of the team, to inspire and motivate them as well.

How to Craft an Inspiring Vision Statement

1. Dream big and use clear language

An inspiring vision statement should inform a clear direction and priorities for the organization, while challenging all the team members to grow together. Based on our expert sources’ advice, we’ve got some great tips for you:

  • Imagine how you want the business to be like in five to ten years.
  • Infuse the business’ values in the statement.
  • Make sure that the statement is implying a clear focus for the business.
  • Write your vision statement in the present tense.
  • Use clear and concise language.
  • Ensure the statement is easily understood.

There are many different types of vision statements and there is no wrong or right way to do it. The most important thing is to resonate with it. It will always inspire you and give you a clear targeted direction.

2. Get inspirations from the successful companies.

Having researched on a number of successful companies’ vision statements, I’ve shortlisted 20 good examples for the new startups:

Short vision statements made up of a few words only:

1. Disney

To make people happy.

2. Oxfam

A just world without poverty.

3. Ikea

To create a better every day life for the many people.

Quantitative statements are based on numbers, quantities:

4. Microsoft

Empower every person and every organization on the planet to achieve more.

    5. Nike

    Bring inspiration and innovation to every athlete* in the world. (*If you have a body, you are an athlete.)

      Qualitative statements are based on qualities that you want to have:

      6. Ford

      People working together as a lean, global enterprise to make people’s lives better through automotive and mobility leadership.

      7. Avon

      To be the company that best understands and satisfies the product, service and self-fulfillment needs of women—globally.

      Competitor based statements – this type is becoming less common, but famous examples are:

      8. Honda – in 1970

      We will destroy Yamaha.

      9. Nike – in 1960s

      Crush Adidas.

        10. Philip Morris – in 1950s

        Knock off RJR as the number one tobacco  company in the world.

        Role Model Vision Statements – using another company as an example:

        11. Stanford University – in the past

        To become the Harvard of the West.

        12. Reach for Success – in the past

        To become the next Tony Robbins in self development.

        Internal Transformations vision statements:

        13. Apple

        To produce high-quality, low cost, easy to use products that incorporate high technology for the individual.

        14. Giro Sport Design

        To make sure that riding is the best part of a great life.

        15. Tesla

        To accelerate the world’s transition to sustainable energy.

        16. Sony

        To be a company that inspires and fulfills your curiosity.

        17. Facebook

        To give people the power to share and make the world more open and connected.

          Longer and more detailed vision statement:

          18. Walmart

          To give customers a wide assortment of their favorite products, Every Day Low Prices, guaranteed satisfaction, friendly service, convenient hours (24 hours, 7 days a week) and a great online shopping experience.

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          19. Coca Cola

          To achieve sustainable growth, we have established a vision with clear goals:

          Profit: Maximizing return to share owners while being mindful of our overall responsibilities.

          People: Being a great place to work where people are inspired to be the best they can be.

          Portfolio: Bringing to the world a portfolio of beverage brands that anticipate and satisfy peoples; desires and needs.

          Partners: Nurturing a winning network of partners and building mutual loyalty.

          Planet: Being a responsible global citizen that makes a difference.

            20. Heinz

            Our VISION, quite simply, is to be: “The World’s Premier Food Company, Offering Nutritious, Superior Tasting Foods To People Everywhere.” Being the premier food company does not mean being the biggest but it does mean being the best in terms of consumer value, customer service, employee talent, and consistent and predictable growth.

            The Bottom Line

            Remember, always keep your vision statement up-to-date to direct your company’s actions.

            Remember, once you reach your vision, it needs to be changed. General Motors overtook Ford as #1 automotive company in the world because once Ford’s goal was reached, they never updated it.

            Keep your vision statement alive and visibly in front of you, revisit it and let it help direct your actions and activities. This is the fun part: this is where you get to dream really big and allow your imagination to fly as high as you want.

            Don’t hold back, let your creative juices flow and give yourself permission to explore what is possible for your business.

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            To your success!

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