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10 Palpable Reasons Why People Become Entrepreneurs

10 Palpable Reasons Why People Become Entrepreneurs

Entrepreneurs are cut from a different cloth, unique in many ways. They come from different personality types, cultures, and genders.They are champions, full of determination, drive, and ambition. Entrepreneurs think outside of the box. Observing how things could be, instead of settling for how they are. They don’t need high levels of formal education to be effective and make an instant impact in any situation. Here are 10 palpable reasons why people become entrepreneurs:

1. They want to make a difference

Entrepreneurs have visions of pursuing their dreams, even if they are unconventional. Things that are not considered on the normal path of life, they may pursue.They get labeled as crazy, receive odd stares and judgment from the nonbelievers. Nevertheless, they push on to change the world one dream at a time.

2. They Embrace Having a Path of Their Own

Entrepreneurs are leaders, they embrace having a path of their own to fulfill their dreams. However, creating their own path is not always by choice. The lack of challenge and opportunity in the job market may push an entrepreneur to their pursuits. They create their own opportunity and use their skills that were neglected, by those they worked for and capitalize on them.

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Robert Frosts poem “The Road Not Taken” explains this all too well. A business professor whose class I had taken shared a copy of this poem with me. I now share this poem with you, I hope it serves as a source of inspiration.This poem is for those who believe there is an entrepreneur inside of them.

3. They Desire Challenges

Entrepreneurs desire challenges. They are problem solvers, innovators and game changers. Given the right opportunity they can turn around a project, company or anything, they put their mind to. They are hard working and dedicate the effort to making a great change in the tasks they pursue. They have the ability to see things that others do not. Unfortunately, many are overlooked and their suggestions are brushed off and dismissed when working for others. However, an entrepreneur being the smart person they are, they decide to turn it around and use it to their own advantage in a business of their own.

4. They Crave Flexibility

Entrepreneurs crave flexibility they don’t prefer your typical 8-5 work schedule. They may work more or longer hours when working for themselves, but the flexibility will make all the difference. They will appreciate having a schedule that they have a better control over.

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5. They Want More Stability

Whether it’s for their family or themselves entrepreneurs like the idea of more stability. The facts are that you can work at a company today and be laid off tomorrow. Entrepreneurs like the idea of being the determiner of their outcomes and financial security. You can work hard at a company, increase your skills and still not get a promotion, bonus or other forms of advancement. Even if you do receive a bonus they may give you a few cents or so which doesn’t go very far for really high achievers. Entrepreneurs know that when putting in the time, effort and hard work for their own business, it will pay off better rewards.

6. They want to create jobs

A driving factor to some entrepreneurs is that their passion may be able to create jobs. The thought that if they make enough money, their family members won’t have to go looking for jobs when they are laid off. Their family can always have a job when times get tough. I understand some believe work and family don’t mix. However, they still appreciate the idea of being able to help out family when in a crunch. With the economy the way it is unstable at times they like the idea of being able to do their part in helping out increasing jobs.

7. They are underestimated and overlooked

A lot of companies don’t understand what kind of amazing possibilities this type of person can bring to their company. Managers often overlook and underestimate the potential of this employee but sometimes don’t know this person exists.

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8. They are passionate about change

Entrepreneurs can be passionate people because they actually care. They can see the difference in their minds before it is actually implemented. They can also see the destruction that will occur if something is not done about the situation. They can get frustrated, but this does not make them less effective it makes them human. Although, passion doesn’t always exhibit itself in the form of frustration. Passion can also be displayed in hard work, being focused and determined.

9. They are limited in the job market

Entrepreneurs at some point have felt stuck while working for others. With little room to advance, concerns not being heard or addressed, feeling undervalued and unappreciated by the management of companies they have worked for, they are likely to be tempted to start their own business. Many entrepreneurs leave their employment to fulfill their own destiny and succeed.

10. They know they can make a difference

Entrepreneurs know the power they possess to make a difference. They have high confidence in their abilities. Although, others sometimes can’t see the power in their abilities. Entrepreneurs can see their vision so vividly as if it was right in front of them. This is sometimes the motivation that keeps them determined, they can see the end result as if it already were in existence.

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Being an entrepreneur is about a mindset, it is engraved in a certain individual. Whether or not they possess all the traits at the current time, at some point in their life it will develop inside of them. Like a flower destined to bloom or an eagle destined to soar it is their destiny to thrive. It doesn’t take formal education completion for these individuals to thrive or to be successful, it’s only a matter of time. Mark Zuckerberg (founder of facebook) and Blake Mycoskie (Creator of Tom’s) are just two examples of two successful entrepreneurs who did not complete their higher education but still achieved greater levels of success.

Featured photo credit: Jonathan Cox/Brandon Warren via flickr.com

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Last Updated on March 29, 2021

5 Types of Horrible Bosses and How to Beat Them All

5 Types of Horrible Bosses and How to Beat Them All

When I left university I took a job immediately, I had been lucky as I had spent a year earning almost nothing as an intern so I was offered a role. On my first day I found that I had not been allocated a desk, there was no one to greet me so I was left for some hours ignored. I happened to snipe about this to another employee at the coffee machine two things happened. The first was that the person I had complained to was my new manager’s wife, and the second was, in his own words, ‘that he would come down on me like a ton of bricks if I crossed him…’

What a great start to a job! I had moved to a new city, and had been at work for less than a morning when I had my first run in with the first style of bad manager. I didn’t stay long enough to find out what Mr Agressive would do next. Bad managers are a major issue. Research from Approved Index shows that more than four in ten employees (42%) state that they have previously quit a job because of a bad manager.

The Dream Type Of Manager

My best manager was a total opposite. A man who had been the head of the UK tax system and was working his retirement running a company I was a very junior and green employee for. I made a stupid mistake, one which cost a lot of time and money and I felt I was going to be sacked without doubt.

I was nervous, beating myself up about what I had done, what would happen. At the end of the day I was called to his office, he had made me wait and I had spent that day talking to other employees, trying to understand where I had gone wrong. It had been a simple mistyped line of code which sent a massive print job out totally wrong. I learn how I should have done it and I fretted.

My boss asked me to step into his office, he asked me to sit down. “Do you know what you did?” I babbled, yes, I had been stupid, I had not double-checked or asked for advice when I was doing something I had not really understood. It was totally my fault. He paused. “Will you do that again?” Of course I told him I would not, I would always double check, ask for help and not try to be so clever when I was not!

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“Okay…”

That was it. I paused and asked, should I clear my desk. He smiled. “You have learnt a valuable lesson, I can be sure that you will never make a mistake like that again. Why would I want to get rid of an employee who knows that?”

I stayed with that company for many years, the way I was treated was a real object lesson in good management. Sadly, far too many poor managers exist out there.

The Complete Catalogue of Bad Managers

The Bully

My first boss fitted into the classic bully class. This is so often the ‘old school’ management by power style. I encountered this style again in the retail sector where one manager felt the only way to get the best from staff was to bawl and yell.

However, like so many bullies you will often find that this can be someone who either knows no better or is under stress and they are themselves running scared of the situation they have found themselves in.

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The Invisible Boss

This can either present itself as management from afar (usually the golf course or ‘important meetings) or just a boss who is too busy being important to deal with their staff.

It can feel refreshing as you will often have almost total freedom with your manager taking little or no interest in your activities, however you will soon find that you also lack the support that a good manager will provide. Without direction you may feel you are doing well just to find that you are not delivering against expectations you were not told about and suddenly it is all your fault.

The Micro Manager

The frustration of having a manager who feels the need to be involved in everything you do. The polar opposite to the Invisible Boss you will feel that there is no trust in your work as they will want to meddle in everything you do.

Dealing with the micro-manager can be difficult. Often their management style comes from their own insecurity. You can try confronting them, tell them that you can do your job however in many cases this will not succeed and can in fact make things worse.

The Over Promoted Boss

The Over promoted boss categorises someone who has no idea. They have found themselves in a management position through service, family or some corporate mystery. They are people who are not only highly unqualified to be managers they will generally be unable to do even your job.

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You can find yourself persistently frustrated by the situation you are in, however it can seem impossible to get out without handing over your resignation.

The Credit Stealer

The credit stealer is the boss who will never publically acknowledge the work you do. You will put in the extra hours working on a project and you know that, in the ‘big meeting’ it will be your credit stealing boss who will take all of the credit!

Again it is demoralising, you see all of the credit for your labour being stolen and this can often lead to good employees looking for new careers.

3 Essential Ways to Work (Cope) with Bad Managers

Whatever type of bad boss you have there are certain things that you can do to ensure that you get the recognition and protection you require to not only remain sane but to also build your career.

1. Keep evidence

Whether it is incidents with the bully or examples of projects you have completed with the credit stealer you will always be well served to keep notes and supporting evidence for projects you are working on.

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Buy your own notebook and ensure that you are always making notes, it becomes a habit and a very useful one as you have a constant reminder as well as somewhere to explore ideas.

Importantly, if you do have to go to HR or stand-up for yourself you will have clear records! Also, don’t always trust that corporate servers or emails will always be available or not tampered with. Keep your own content.

2. Hold regular meetings

Ensure that you make time for regular meetings with your boss. This is especially useful for the over-promoted or the invisible boss to allow you to ‘manage upwards’. Take charge where you can to set your objectives and use these meetings to set clear objectives and document the status of your work.

3. Stand your ground, but be ready to jump…

Remember that you don’t have to put up with poor management. If you have issues you should face them with your boss, maybe they do not know that they are coming across in a bad way.

However, be ready to recognise if the situation is not going to change. If that is the case, keep your head down and get working on polishing your CV! If it isn’t working, there will be something better out there for you!

Good luck!

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