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10 Signs That You Should be An Entrepreneur and Start Your Own Company

10 Signs That You Should be An Entrepreneur and Start Your Own Company

Not everyone is cut out for the stress of a new venture. Successful entrepreneurs will tell you that their success came from blood, sweat and tears, and maybe even a little luck. No training or education can get you ready for driving the success of a new venture; so how do you know when you’re cut out for it? Here are 10 signs that you have what it takes to be an entrepreneur.

1. You Can Handle Risk

One reason people stick to a safe, consistent job is that they know money comes in every month with little worry. It could be that they can’t risk the possibility of failure due to family and financial commitments, or they just want the comfort of knowing that they always have a paycheck coming in.

Entrepreneurs are ready to take the risk. They see it as a challenge and maybe have a plan B should the venture fail. They could have a safety net but always have a plan to make it work. They also handle risk well and don’t let it deter them from their goals.

2. Confidence with Your Idea

It’s easier to accept risk when you have strong confidence in your idea. Confidence isn’t learned. You’re born with it, and it usually comes with an idea that you strongly believe provides a solution to a problem.

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Entrepreneurs exude confidence both in their idea and their own abilities to launch the idea. They usually have a positive attitude towards new ventures, and look at the world with a “glass is half full” point of view. This confidence greatly improves their ability to deal with risk and problems that arise as they deal with problems during the unstable startup phase.

3. You Approach A Problem with A Solution

No matter how confident you are in your idea, you should expect hurdles and challenges that will test your patience. If you approach these hurdles with an attitude that you can find a solution, then you have the right entrepreneurial spirit to make it work.

Entrepreneurs approach problems differently than the rest of the world. They approach a problem with the question: What is a good solution to solve this problem? This is why coders and web designers make such great entrepreneurs. They can code and design answers to some of the world’s problems with their skills in technology.

4. You Have Ideas that Don’t Fit into A Regular 9-5 Job

Most corporations love employees with ideas, but sometimes they go unappreciated. Sometimes your ideas don’t fit with the status quo in your organization. It could be a great idea, but most regular 9-5 jobs have certain rules and standards. Long-term organizations rarely deviate from their common workflow. This puts a stop on any ideas you have to make a change in the way the organization operates.

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You can take your idea and turn it into your own venture. If this is something you’ve considered, you could have the right entrepreneurial attitude to make a change for the better and move on from the corporate world.

5. Salesmanship is One of Your Strong Traits

As an entrepreneur, you’re likely the only one in your startup at the very beginning of the venture. Partnering with someone else is a luxury, but most entrepreneurs start off with just their own idea and salesmanship.

You need to have the right salesmanship to sell your idea to investors, customers, and anyone else who can help further your ideas such as a software development firm. If you don’t have the ability to sell your idea, your venture will struggle. You can even partner with someone who brings this trait to the venture, but this is usually at the cost of equity.

6. You’re Persistent

Any successful entrepreneur will tell you that they struggled at some point during the startup phase. Some challenges are too difficult for people to handle, and they fold after a few bumps in the road. It’s important to know your limitations, but entrepreneurs are often persistent to a fault. This persistence can sometimes be perceived as stubbornness, but in a good way.

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Drive and dedication lead to persistence, and confidence helps drive your never-ending desire to make your ideas work rather than quit.

7. You’re Never Happy with The Status Quo

Some people have a desire to look at current standards and improve them. Entrepreneurs aren’t happy with the status quo. They want to make things better using their own ideas and inventions.

Entrepreneurs find ways to improve process and workflow in every part of their lives. This can be using technology or other industries. Usually, the entrepreneur is an expert in their field, but it’s not always the case. If you see ways that things can change for the better in everyday life and you have the desire to fix it, you have the right spirit.

8. Building Solutions is Your Hobby

Entrepreneurs like building things. These “things” are solutions to problems. They do it in their personal lives as well as their work life. They see it as a hobby, and sometimes a hobby can become your main source of income.

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The “things” you build could be for any industry including technology, finance, entertainment or travel. If you have an idea, it could be time to turn it into your future.

9. You See Opportunity Everywhere

This point goes along with the “see the world as a glass that’s half full” scenario. Entrepreneurs are not only positive minded, but they also see opportunity everywhere. This is what turns them into strong business owners that build a startup from a one-man idea into a strong organization with several employees.

10. You’re Always Competitive

Entrepreneurs are usually competitive. They have to be to compete with bigger businesses. They use their confidence, persistence and ideas to generate a competitive venture. Most entrepreneurs have been competitive since childhood. This competitiveness gives them the motivation to soldier on through the tough times during the startup phase, even if similar, competitive startups to theirs already exist in the marketplace.

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Keith Shields

CEO, Designli

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How to Achieve Goals and Increase Your Chance of Success

How to Achieve Goals and Increase Your Chance of Success

Does it ever feel like the things you want to accomplish always end up on the back burner? If the answer to that question is “yes,” you’re not alone. Only about 33% of people consistently work toward their goals. In some cases, their goals may seem too lofty to accomplish, or else they aren’t sure how to make a plan for them.

If you don’t come up with concrete steps to take toward your goals, they’ll remain dreams. There’s nothing wrong with being a dreamer, but being able to turn your dreams into goals you can realize will help you lead a happier and more fulfilling life.

Luckily, you can realize almost any dream when you harness the right goal-setting methods.

In this article, I’ll show you how to achieve goals and get closer you success.

1. Break your dreams down into specific and measurable steps

We couldn’t talk about goal-setting without mentioning SMART goals.

SMART goals are specific, measurable, assignable, realistic, and time-related.

Specific and measurable steps are so important because if we don’t know what our target it, how can we ever hit it?

Take all those beautiful dreams you have for yourself and make them into things you can actually do. If you want to be an entrepreneur, for example, a step toward realizing your dream might be researching what you’ll need to start your business.

Find out more tips about utilizing SMART goals here:

How to Use SMART Goal to Become Highly Successful in Life

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2. Have at least one clearly defined goal for every interest and role in your life

It’s so easy to become complacent or stagnate. We often think that our careers are the only places where we need to set goals, but we aren’t only what we do.

To make the most of your life, take the approach that you’re always learning and growing in everything you do. Anything worth doing is worth doing well after all.

Set goals whether you’re sponsoring an activity for your child, taking up guitar lessons or trying to prove your worth at work.

You’ll notice that this approach forces you to constantly develop new skills. It can also be fulfilling to put more focus and value into all areas of your life— not just the ones related to our careers.

3. Align your goals with your life’s mission, purpose and passion

Take the opportunity to do some soul-searching. What is it that you want to do with this precious life of yours?

Anything that conflicts with your life’s purpose is bound to cause discontent. Staying in a bad relationship, doing a job that goes against your values, or maintaining the status quo just because it’s comfortable are not options for you.

Thinking about your goals in this way can help you eliminate things in your life that don’t serve you. This frees up mental space that you can use to do the things you care about the most.

Many of us struggle to find the time to work on our goals, but this strategy enables you to make more time.

4. Create goals that ignite your spirit and inspire you to take action

If you can’t be fired up about your goals from the start, they might not be good goals for you.

The road to success is often tough. You’re going to have times when you might feel tired or discouraged.

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You need to feel inspired enough that you’ll be able to overcome obstacles as you encounter them.

If what you’re doing motivates you to be the greatest version of yourself, you’ll be much more resilient.

5. Write down all your goals in specific, measurable detail

This is your road map for what success will look like. The more you define what you want the finished product to be, the greater the chance that you’ll reach that vision.

When you write down your goals, you’re creating a document that you can revisit to make sure you’re on track.

When you’re in the middle of trying to achieve a big goal, it can be hard to see what’s working for you. The things you write in this step will help you stay on-message as you take your goals out of your mind and into the real world.

Don’t just write down your goals and stash them away in a folder somewhere. Take the extra step to put them somewhere where you’ll see them.[1]

If you have too many goals to post on your desk, write a summary or choose one or two steps to work on for the day. Just seeing them will keep them in the front of your mind.

6. Commit to hitting each of your targets without exception

You wouldn’t have created the target if you didn’t think it was necessary. Hold yourself accountable for taking the steps to succeed.

You can always adapt your strategy or break your targets into smaller steps if you find that they aren’t attainable as you originally wrote them.

Hitting even the smallest target is cause for a celebration. It’s a step in the positive direction. Your success will make you crave more success.

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We often make excuses when we get tired or overwhelmed. Take away the option to make excuses. You will only be satisfied with the best effort from yourself.

7. Share your goals with others to motivate each other

There’s something so powerful about people sharing their goals and dreams with one another. Doing so gives voice to some part of us that could remain hidden (and therefore never be accomplished).

When other people know about your goals, they can cheer you on and hold you accountable. When people share their vision with you, you can do the same for them.

This strategy is particularly beneficial when you’re trying to develop healthy habits. Post about your workout on social media, or do a healthy eating challenge with your best friend. You’ll be less likely to slack when temptation arises, and you’ll probably encourage someone else to reach for their goals too.

8. Set a series of daily, weekly and long-term goals, complete with starting times and deadlines

Many goals never reach realization simply because the goal-setter doesn’t check their progress. People tend to forget what they set out to do, or their goal gets crowded out by other obligations.

Forcing yourself to revisit your goals at regular intervals breaks them into smaller steps and it reminds you to think about them.

Giving yourself regular deadlines for smaller tasks related to your goals also helps you reflect on your strategy. You’ll figure out what works for you, whether your timeline is realistic, and whether or not you need additional help to stay on track.

In addition, celebrating small wins helps you stay motivated. Here’s how:

How To Celebrate Small Wins To Achieve Big Goals

9. Take 10 minutes every day to imagine how great it will feel to achieve your goals

Visualization is such a powerful tool. Some of the most successful athletes, celebrities and business people take time each day to think about how success looks and feels for them.[2] Imagining that feeling of satisfaction can be a great motivator.

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When you do meet your goals, take some time to be grateful. Thank yourself for showing up and doing the work. Be grateful when the stars align properly to help you advance to the next step.

It’s not just getting to the destination of your goals that matters. How you take the journey is important too.

10. Take an action step toward reaching your goals every day

Your goals can easily get buried in the hustle and the bustle. Even the smallest step in the right direction is still moving you forward.

Keep chipping away at the work every day and before long, you’ll start to see those dreams come to life.

Maybe you didn’t start your business today but you designed the logo that’s going to go on your website and business cards. Doing that task well is going to help you so much in the long run.

Concrete actions day by day draw your dreams out of obscurity and into the realm of possibility.

Change begins today

Dreams can inspire and overwhelm us. By turning our dreams into goals that we can work toward, we increase our chances of success. Things that once seemed impossible are suddenly within reach.

It’s time to start turning your dreams into goals and your goals into realities.

Featured photo credit: Pexels via pexels.com

Reference

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