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3 Traits That’ll Take You From Wantrepreneur to Entrepreneur

3 Traits That’ll Take You From Wantrepreneur to Entrepreneur

These traits are embodied by every successful entrepreneur on earth; that said, let’s explore a quick guide on going from Wantrepreneur to Entrepreneur by incorporating the habits, traits, and talents of a successful Entrepreneur.

1. Resourcefulness

Resourcefulness is first on the list, as it should be. It’s the ability to find a way out of no way. It’s acknowledging that Murphy’s Law will have it’s toll on you and still pushing through the hurt of fighting a losing battle. This is the trait that nobody talks about; it fully encapsulates the knowledge each successful person had prior to their success. They made a way for themselves, without relying on the resources that are reserved for the wealthy.

2. Sales Ability

Your ability to sell yourself – not your product, and not your business, yourself. It’s the elevator pitch; your very own Unique Selling Proposition. Your ability to sell will be the only factor at play after you have created your product, so it’s best to be prepared for it. Do not give up hope if you do not have this ability from the get-go. It’s a learned trait that anyone can adopt; it simply takes practice.

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3. Communication

How well and how long you succeed in entrepreneurship will be directly reflected by your ability to communicate effectively, with tact, and while motivating yourself and your employees. It’s the ability to converse effectively with anyone, anytime, anywhere. A little secret that all successful entrepreneurs know is that positive reinforcement goes far beyond that of negative reinforcement.

Adding them Up

Now let us take a look at some icons who effectively embodied all these traits.

What might not seem obvious to some can prove to be inherently evident in the behavior of others. When Thomas Edison partnered with J.P. Morgan to form General Electric, he didn’t have any idea how business should be conducted, but he still had ideas – valuable ideas. Morgan had set out to appropriate most of the western world’s railroads, and succeeded in doing so.

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Do you know how? He had a horrendous face, riddled with scars, and an unearthly nose. He once said, “I can tell the difference in someone’s character by watching them respond to my appearance.” This man was a billionaire in a time when resources were nullified, and sales ability was measured by marketing techniques like placing people, often children on street corners handing out pamphlets. Yet Morgan succeeded, with only four years of schooling and a father that put him out on the street at the age of fourteen. Morgan succeeded because he knew who people wanted him to be, and then upon that realization became that person; he saw what had worked for so many others, and he simply implemented the existing strategies into his own ventures.

After Edison’s partnership concluded, and Morgan went on to other ventures, Edison believed he was now competent enough to operate on his own. He failed, over and over again. Though Edison went on to light the world with his incandescent light bulb, and some figured he’d go beyond that on his next venture, he didn’t. He bought a mine with the appropriated funds he had from the Morgan venture, and he kept inventing, but was soon faced with bankruptcy and looming debt that followed him until his death. He had not applied what Morgan taught him.

Abraham Lincoln is another great example of someone who could succeed in any environment. Lincoln’s mother was murdered in front of him at a young age, and his father, a dock worker, was a quiet man who kept to himself while slaving away day by day. Lincoln had to fight his own battles from a young age, and he had no one who would step in if he got in trouble. He learned how to fend for himself; he is an epitome example of a resourceful person.

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Some described listening to him at the polls before his successful election as the President as uplifting; he was by all definitions the most successful president the world has ever seen, igniting conflict that resulted in the prohibition of slavery, winning a civil war, giving all people equal rights, and drafting laws that still stand today.

Lincoln once appropriated his disappointment in a general in his army by writing a letter riddled with deconstructing criticism. He made it clear that this General had absolutely no grasp over how much he had cost the country. He signaled that this General had cost the country thousands, if not millions of lives. The General had Lee in his reach, his company was trapped, and they had to wait for the reservoir to drain before they could cross the river. I don’t believe anyone would have responded differently.

Do you know what he did with that letter? He never sent it; it was uncovered among his writings after his death. He knew that in order to communicate effectively, he had to have the ability to summon the perspective of the people whom he had led. Many people try to make others see their point of view without ever trying to understand others; they prefer to favor themselves as more competent, or even knowledgeable due to their successes, when the biggest factors at play regarding their success was perseverance and an indomitable spirit.

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There’s a lot that goes into becoming a successful entrepreneur, but if you master the traits set out above you’ll find it a lot easier to navigate the oceans that are the business world. One thing to keep in mind, however unpleasant it may appear, is to keep going, pivot when necessary, but keep on going. Every single entrepreneur who has ever “made it” will have a combination of these traits in common – imagine what you could accomplish by implementing them all.

Featured photo credit: FirmBee via pixabay.com

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Jane Smith

Blogger, Teacher

3 Traits That’ll Take You From Wantrepreneur to Entrepreneur

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Last Updated on March 25, 2020

How to Set Ambitious Career Goals (With Examples)

How to Set Ambitious Career Goals (With Examples)

Taking your work to the next level means setting and keeping career goals. A career goal is a targeted objective that explains what you want your ultimate profession to be.

Defining career goals is a critical step to achieving success. You need to know where you’re going in order to get there. Knowing what your career goals are isn’t just important for you–it’s important for potential employers too. The relationship between an employer and an employee works best when your goals for the future and their goals align. Saying, “Oh, I don’t know. I’ll do anything,” makes you seem indecisive, and opens you up to taking on ill-fitting tasks that won’t lead you to your dream life.

Career goal templates’ one-size-fits-all approach won’t consider your unique goals and experiences. They won’t help you stand out, and they may not reflect your full potential.

In this article, I’ll help you to define your career goals with SMART goal framework, and will provide you with a list of examples goals for work and career.

How to Define Your Career Goal with SMART

Instead of relying on a generalized framework to explain your vision, use a tried-and-true goal-setting model. SMART is an acronym for “Specific, Measurable, Action-oriented, Realistic with Timelines.”[1] The SMART framework demystifies goals by breaking them into smaller steps.

Helpful hints when setting SMART career goals:

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  • Start with short-term goals first. Work on your short-term goals, and then progress the long-term interests.[2] Short-term goals are those things which take 1-3 years to complete. Long-term goals take 3-5 years to do. As you succeed in your short-term goals, that success should feed into accomplishing your long-term goals.
  • Be specific, but don’t overdo it. You need to define your career goals, but if you make them too specific, then they become unattainable. Instead of saying, “I want to be the next CEO of Apple, where I’ll create a billion-dollar product,” try something like, “My goal is to be the CEO of a successful company.”
  • Get clear on how you’re going to reach your goals. You should be able to explain the actions you’ll take to advance your career. If you can’t explain the steps, then you need to break your goal down into more manageable chunks.
  • Don’t be self-centered. Your work should not only help you advance, but it should also support the goals of your employer. If your goals differ too much, then it might be a sign that the job you’ve taken isn’t a good fit.

If you want to learn more about setting SMART Goals, watch the video below to learn how you can set SMART career goals.

After you’re clear on how to set SMART goals, you can use this framework to tackle other aspects of your work. For instance, you might set SMART goals to improve your performance review, look for a new job, or shift your focus to a different career.

We’ll cover examples of ways to use SMART goals to meet short-term career goals in the next section.

Why You Need an Individual Development Plan

Setting goals is one part of the larger formula for success. You may know what you want to do, but you also have to figure out what skills you have, what you lack, and where your greatest strengths and weaknesses are.

One of the best ways to understand your capabilities is by using the Science Careers Individual Development Plan skills assessment. It’s free, and all you need to do is register an account and take a few assessments.

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These assessments will help you determine if your career goals are realistic. You’ll come away with a better understanding of your unique talents and skill-sets. You may decide to change some of your career goals or alter your timeline based on what you learn.

40 Examples of Goals for Work & Career

All this talk of goal-setting and self-assessment may sound great in theory, but perhaps you need some inspiration to figure out what your goals should be.

For Changing a Job

  1. Attend more networking events and make new contacts.
  2. Achieve a promotion to __________ position.
  3. Get a raise.
  4. Plan and take a vacation this year.
  5. Agree to take on new responsibilities.
  6. Develop meaningful relationships with your coworkers and clients.
  7. Ask for feedback on a regular basis.
  8. Learn how to say, “No,” when you are asked to take on too much.
  9. Delegate tasks that you no longer need to be responsible for.
  10. Strive to be in a leadership role in __ number of years.

For Switching Career Path

  1. Pick up and learn a new skill.
  2. Find a mentor.
  3. Become a volunteer in the field that interests you.
  4. Commit to getting training or going back to school.
  5. Read the most recent books related to your field.
  6. Decide whether you are happy with your work-life balance and make changes if necessary. [3]
  7. Plan what steps you need to take to change careers.[4]
  8. Compile a list of people who could be character references or submit recommendations.
  9. Commit to making __ number of new contacts in the field this year.
  10. Create a financial plan.

For Getting a Promotion

  1. Reduce business expenses by a certain percentage.
  2. Stop micromanaging your team members.
  3. Become a mentor.
  4. Brainstorm ways that you could improve your productivity and efficiency at work
  5. Seek a new training opportunity to address a weakness.[5]
  6. Find a way to organize your work space.[6]
  7. Seek feedback from a boss or trusted coworker every week/ month/ quarter.
  8. Become a better communicator.
  9. Find new ways to be a team player.
  10. Learn how to reduce work hours without compromising productivity.

For Acing a Job Interview

  1. Identify personal boundaries at work and know what you should do to make your day more productive and manageable.
  2. Identify steps to create a professional image for yourself.
  3. Go after the career of your dreams to find work that does not feel like a job.
  4. Look for a place to pursue your interest and apply your knowledge and skills.
  5. Find a new way to collaborate with experts in your field.
  6. Identify opportunities to observe others working in the career you want.
  7. Become more creative and break out of your comfort zone.
  8. Ask to be trained more relevant skills for your work.
  9. Ask for opportunities to explore the field and widen your horizon
  10. Set your eye on a specific award at work and go for it.

Career Goal Setting FAQs

I’m sure you still have some questions about setting your own career goals, so here I’m listing out the most commonly asked questions about career goals.

1. What if I’m not sure what I want my career to be?

If you’re uncertain, be honest about it. Let the employer know as much as you know about what you want to do. Express your willingness to use your strengths to contribute to the company. When you take this approach, back up your claim with some examples.

If you’re not even sure where to begin with your career, check out this guide:

How to Find Your Ideal Career Path Without Wasting Time on Jobs Not Suitable for You

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2. Is it okay to lie about my career goals?

Lying to potential employers is bound to end in disaster. In the interview, a lie can make you look foolish because you won’t know how to answer follow up questions.

Even if you think your career goal may not precisely align with the employer’s expectations for a long-term hire, be open and honest. There’s probably more common ground than they realize, and it’s up to you to bridge any gaps in expectations.

Being honest and explaining these connections shows your employer that you’ve put a lot of thought into this application. You aren’t just telling them what they want to hear.

3. Is it better to have an ambitious goal, or should I play it safe?

You should have a goal that challenges you, but SMART goals are always reasonable. If you put forth a goal that is way beyond your capabilities, you will seem naive. Making your goals too easy shows a lack of motivation.

Employers want new hires who are able to self-reflect and are willing to take on challenges.

4. Can I have several career goals?

It’s best to have one clearly-defined career goal and stick with it. (Of course, you can still have goals in other areas of your life.) Having a single career goal shows that you’re capable of focusing, and it shows that you like to accomplish what you set out to do.

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On the other hand, you might have multiple related career goals. This could mean that you have short-term goals that dovetail into your ultimate long-term career goal. You might also have several smaller goals that feed into a single purpose.

For example, if you want to become a lawyer, you might become a paralegal and attend law school at the same time. If you want to be a school administrator, you might have initial goals of being a classroom teacher and studying education policy. In both cases, these temporary jobs and the extra education help you reach your ultimate goal.

Summary

You’ll have to devote some time to setting career goals, but you’ll be so much more successful with some direction. Remember to:

  • Set SMART goals. SMART goals are Specific, Measurable, Action-oriented, and Realistic with Timelines. When you set goals with these things in mind, you are likely to achieve the outcomes you want.
  • Have short-term and long-term goals. Short-term career goals can be completed in 1-3 years, while long-term goals will take 3-5 years to finish. Your short-term goals should set you up to accomplish your long-term goals.
  • Assess your capabilities by coming up with an Individual Development Plan. Knowing how to set goals won’t help you if you don’t know yourself. Understand what your strengths and weaknesses are by taking some self-assessments.
  • Choose goals that are appropriate to your ultimate aims. Your career goals should be relevant to one another. If they aren’t, then you may need to narrow your focus. Your goals should match the type of job that you want and the quality of life that you want to lead.
  • Be clear about your goals with potential employers. Always be honest with potential employers about what you want to do with your life. If your goals differ from the company’s objectives, find a way bridge the gap between what you want for yourself and what your employer expects.

By doing goal-setting work now, you’ll be able to make conscious choices on your career path. You can always adjust your plan if things change for you, but the key is to give yourself a road map for success.

More Tips About Setting Work Goals

Featured photo credit: Tyler Franta via unsplash.com

Reference

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