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7 Signs You Are Entrepreneurial In Nature

7 Signs You Are Entrepreneurial In Nature

What characteristics lead some folks to be entrepreneurial in nature, and others are not? It seems clear that some people seem to really want to start new things, new businesses, new charities, and others would rather help run established organizations or a be a part of the fulfillment or implementation.

Are there some specific signs that lead to entrepreneurialism?

I believe so, and in a few moments, I’ll share them with you.

But first, I want to caution that just because someone has these characteristics (or signs) doesn’t mean that that person will automatically be successful. There are other traits that code for success (like hard work, determination, willingness to persevere, take criticism, and a willingness to constantly evaluate and improve, and so on), and without adding those success traits to the mix, and entrepreneurial person will like just start projects and stop them before completion, or dream about new things, but never put pen to paper to draw the design, or build out the new ideas.

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So entrepreneurialism without implementation leads to non-success, but entrepreneurialism combined with success traits and hard work, can lead to entrepreneurial success!

Here are 7 of the signs I see that can indicate entrepreneurialism:

1. You are naturally inquisitive and want to innovate

Entrepreneurs tend to want to solve problems. In fact, they seem to be looking for problems – it’s almost like they have a magnetized brain that is constantly on the lookout for problems they can solve. They see solutions mentally, they see problems and are asking questions like, what is a better way to do this, how could I fix this, how can I apply something I know from a different discipline to be able to change this?

2. You are a grower – you like to grow things from scratch

Entrepreneurs tend to want to start things from scratch, they don’t tend to like to take someone’s else’s project and grow it. They like the feeling of saying “I did this” or “I thought of this and then implemented.” I believe entrepreneurs tend to have a desire to make things, to build things, to start things (and of course the corollary is also true: entrepreneurs often don’t like to finish things, or bear through the tough things once the idea is out of the oven, so they have to guard against this and overcome!

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3. You are willing to do things others haven’t done

Entrepreneurs tend to be willing to do things others haven’t already done. To illustrate, a non-entrepreneurial person may want to only do things that someone else has already proven will work. But entrepreneurs are willing to try new things, they tend to not be so afraid of something failing or not working. If they can fix it, they see it as a great challenge, but even if they try something that has never been done before and it’s unworkable, they can often say, “that’s okay, at least I tried. Ok, onto the next thing.”!

4. You are willing to take risks to do big things

Entrepreneurs tend to value taking risks in order to achieve big things. They seem to recognize that big things don’t usually happen without a big mess, a big risk, big chances, and they want the result so bad they are willing to risk much to possibly achieve that big thing. This can be contrasted to other folks who are willing to do much smaller things that are more guaranteed to work for them, whereas entrepreneurs tend to have the attitude that it is better to try and fail than to not try at all (and of course guarantee they won’t fail). But I would argue that by not trying, they automatically fail by default, just like if you take a college class and don’t show up for the final – you may not have actually failed the test, but your score will be a “0” and you may fail the course. Entrepreneurs tend to view failure as what happens if you don’t try something, not something that happens if you try it and it doesn’t work.

5. You are a go-getter – willing to go where no one else has gone and create or get the market

Entrepreneurs are flat-out willing to do things no one else is willing to do! I believe one reason for this is that, as is some of the other signs and characteristics, they aren’t worried about failing, and they are willing to take risks and do things others haven’t done. So because they are willing to take risks and do things no one else has done, they can by extension be willing to go places no one has been, build things no one has proven, even build businesses that no one wants what they sell – because they tend to be willing to do the un-tried and unproven. And if it fails or flops, so what, what’s next?!

6. You look at businesses and think, why don’t they do it this way?

Entrepreneurs tend to constantly be on the lookout for better ways to do things. I have an unusual trait in that when I shop at a new store, I often wonder, is this place profitable? How much money are they making? I might try to estimate daily sales based on what people seem to be buying, and I try to add up their daily payroll based on how many workers are on the floor, and then guess what their rent and overhead is, to come up with a profit figure for the company. I have fun with it – and I believe that’s the kind of things many entrepreneurs can have fun with!

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7. You want to improve the world around you, and get paid for it too!

Entrepreneurs tend to want to change lives. When they see solutions, they see them not just as an engineering or marketing feat, but they see them as solutions that can change lives. They see that if they can change lives, they can probably charge a fair price for it, and if they are changing lives, then they will get paid!

Entrepreneurs tend to have fun solving problems for people, innovating new ways to do things, and finding ways to make their innovations profitable.

Based on these traits here, do you think you are entrepreneurial?

If so, what actions are you taking to change the world, innovate in new ways, and change lives?

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Are you doing things to improve the world around you, your industry, the area in which you are most fluent and can most effectively improve the lives of the people whom you meet?

Featured photo credit: PicJumbo via picjumbo.com

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Last Updated on November 19, 2019

20 Time Management Tips to Super Boost Your Productivity

20 Time Management Tips to Super Boost Your Productivity

Are you usually punctual or late? Do you finish things within the time you stipulate? Do you hand in your reports/work on time? Are you able to accomplish what you want to do before deadlines? Are you a good time manager?

If your answer is “no” to any of the questions above, that means you’re not managing your time as well as you want. Here are 20 time management tips to help you manage time better:

1. Create a Daily Plan

Plan your day before it unfolds. Do it in the morning or even better, the night before you sleep. The plan gives you a good overview of how the day will pan out. That way, you don’t get caught off guard. Your job for the day is to stick to the plan as best as possible.

2. Peg a Time Limit to Each Task

Be clear that you need to finish X task by 10am, Y task by 3pm, and Z item by 5:30pm. This prevents your work from dragging on and eating into time reserved for other activities.

3. Use a Calendar

Having a calendar is the most fundamental step to managing your daily activities. If you use outlook or lotus notes, calendar come as part of your mailing software.

I use it. It’s even better if you can sync your calendar to your mobile phone and other hardwares you use – that way, you can access your schedule no matter where you are. Here’re the 10 Best Calendar Apps to Stay on Track .

Find out more tips about how to use calendar for better time management here: How to Use a Calendar to Create Time and Space

4. Use an Organizer

An organizer helps you to be on top of everything in your life. It’s your central tool to organize information, to-do lists, projects, and other miscellaneous items.

These Top 15 Time Management Apps and Tools can help you organize better, pick one that fits your needs.

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5. Know Your Deadlines

When do you need to finish your tasks? Mark the deadlines out clearly in your calendar and organizer so you know when you need to finish them.

But make sure you don’t make these 10 Common Mistakes When Setting Deadlines.

6. Learn to Say “No”

Don’t take on more than you can handle. For the distractions that come in when you’re doing other things, give a firm no. Or defer it to a later period.

Leo Babauta, the founder of Zen Habits has some great insights on how to say no: The Gentle Art of Saying No

7. Target to Be Early

When you target to be on time, you’ll either be on time or late. Most of the times you’ll be late. However, if you target to be early, you’ll most likely be on time.

For appointments, strive to be early. For your deadlines, submit them earlier than required.

Learn from these tips about how to prepare yourself to be early, instead of just in time.

8. Time Box Your Activities

This means restricting your work to X amount of time. Why time boxing is good for you? Here’re 10 reasons why you should start time-boxing.

You can also read more about how to do time boxing here: #5 of 13 Strategies To Jumpstart Your Productivity.

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9. Have a Clock Visibly Placed Before You

Sometimes we are so engrossed in our work that we lose track of time. Having a huge clock in front of you will keep you aware of the time at the moment.

10. Set Reminders 15 Minutes Before

Most calendars have a reminder function. If you have an important meeting to attend, set that alarm 15 minutes before.

You can learn more about how reminders help you remember everything in this article: The Importance of Reminders (And How to Make a Reminder That Works)

11. Focus

Are you multi-tasking so much that you’re just not getting anything done? If so, focus on just one key task at one time. Multitasking is bad for you.

Close off all the applications you aren’t using. Close off the tabs in your browser that are taking away your attention. Focus solely on what you’re doing. You’ll be more efficient that way.

Lifehack’s CEO has written a definitive guide on how to focus, learn the tips: How to Focus and Maximize Your Productivity (the Definitive Guide)

12. Block out Distractions

What’s distracting you in your work? Instant messages? Phone ringing? Text messages popping in?

I hardly ever use chat nowadays. The only times when I log on is when I’m not intending to do any work. Otherwise it gets very distracting.

When I’m doing important work, I also switch off my phone. Calls during this time are recorded and I contact them afterward if it’s something important. This helps me concentrate better.

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Find more tips on how to minimize distractions to achieve more in How to Minimize Distraction to Get Things Done

13. Track Your Time Spent

When you start to track your time, you’re more aware of how you spend your time. For example, you can set a simple countdown timer to make sure that you finish a task within a period of time, say 30 minutes or 1 hour. The time pressure can push you to stay focused and work more efficiently.

You can find more time tracking apps here and pick one that works for you.

14. Don’t Fuss About Unimportant Details

You’re never get everything done in exactly the way you want. Trying to do so is being ineffective.

Trying to be perfect does you more harm than good, learn here about how perfectionism kills your productivity and how to ditch the perfectionism mindset.

15. Prioritize

Since you can’t do everything, learn to prioritize the important and let go of the rest.

Apply the 80/20 principle which is a key principle in prioritization. You can also take up this technique to prioritize everything on your plate: How to Prioritize Right in 10 Minutes and Work 10X Faster

16. Delegate

If there are things that can be better done by others or things that are not so important, consider delegating. This takes a load off and you can focus on the important tasks.

When you delegate some of your work, you free up your time and achieve more. Learn about how to effectively delegate works in this guide: How to Delegate Work (the Definitive Guide for Successful Leaders)

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17. Batch Similar Tasks Together

For related work, batch them together.

For example, my work can be categorized into these core groups:

  1. writing (articles, my upcoming book)
  2. coaching
  3. workshop development
  4. business development
  5. administrative

I batch all the related tasks together so there’s synergy. If I need to make calls, I allocate a time slot to make all my calls. It really streamlines the process.

18. Eliminate Your Time Wasters

What takes your time away your work? Facebook? Twitter? Email checking? Stop checking them so often.

One thing you can do is make it hard to check them – remove them from your browser quick links / bookmarks and stuff them in a hard to access bookmarks folder. Replace your browser bookmarks with important work-related sites.

While you’ll still checking FB/Twitter no doubt, you’ll find it’s a lower frequency than before.

19. Cut off When You Need To

The number one reason why things overrun is because you don’t cut off when you have to.

Don’t be afraid to intercept in meetings or draw a line to cut-off. Otherwise, there’s never going to be an end and you’ll just eat into the time for later.

20. Leave Buffer Time In-Between

Don’t pack everything closely together. Leave a 5-10 minute buffer time in between each tasks. This helps you wrap up the previous task and start off on the next one.

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Featured photo credit: Unsplash via unsplash.com

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