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Are You a Potential Entrepreneur? These 15 Signs Can Tell You the Answer

Are You a Potential Entrepreneur? These 15 Signs Can Tell You the Answer
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So you think that you’re ready to become an entrepreneur? It’s not all glitz and glamour, and for most people, it takes dedication, time and a lot of late nights to get a business off the ground. Being an entrepreneur is one of the most difficult ways to earn a living, but also one of the most rewarding. These 15 signs, all backed up by successful business people and entrepreneurs, show the qualities you need to have in order to become a successful entrepreneur. How many do you see in yourself?

A Fiercely Determined Mind

The first thing that you will need to be an entrepreneur is ironclad determination. Someone that doesn’t give up at the first sign of difficulty.

When asked about what it takes to become a entrepreneur, Nitin Aswani, Founder & Head of Product of Oganikk Superfoods[1] said,

You can brush off negative, non-constructive criticism; you know that if you want to satisfy everyone, you should just sell ice cream. You are driven by purpose and are passionate – you understand that money is an output of resolving customer problems, not the other way round.

Always Go For The Leading Role

When you work with people in a group, do you find that you can’t help but assume a leadership role? Do you take it personally if a project doesn’t live up to your expectations? Then you might have what it takes to run your own business.

Evan Harris, Co-Founder & CEO of SD Equity Partners[2] explains,

The difference between a manager and a leader is vast. Just because you have held a management position for X number of years, does not mean you will succeed as an entrepreneur. To be a great entrepreneur, you must be able to lead. Your team needs to believe in your vision and trust that you can get them there. You need to inspire and incite passion. These are the qualities of a leader, not a manager. One who has these leadership qualities is on the path to becoming a successful entrepreneur.

Gritty? Okay.

A true entrepreneur isn’t afraid to get their hands dirty when needed, as did founder of Kent Dating[3]. He said,

In the early days of your startup, you will likely be doing a lot of the grunt work yourself until you can afford to hire some additional help. Be prepared to get into the trenches and get dirty, metaphorically speaking.

A Goer For Risks

Are you prepared to be yelled at by your customers the moment that something in your business goes wrong? As an entrepreneur, you will be in charge of dealing with difficult people. You’ll also need to be ready to give up time, comfort, and financial security if you expect your business to stand a chance. Evan Harris, Co-Founder & CEO of SD Equity Partners[4] said,

Starting your own business generally involves taking a lot of risks. In order to be successful, you must be able to understand the risks involved in a decision but also know that there will always be risk and not allow it to hold you back. Someone who can assess risk and then make an informed decision, without being sidelined by fear, is definitely an entrepreneur in the making.

On risk-taking, Fred D. Winchar, President of Max Cash Title Loans[5] adds,

You are a risk taker but only when the risk is in your favor. You don’t blindly risk but when you do, you are confident you will win.

A Contrarian

When everyone else says “why?”, you say “why not?” You don’t just want to go along with business as usual; you want to really mix things up and change the world for the better. Gene Caballero, Co-Founder of GreenPal[6], is this kind of person who said,

One of the most important character traits of a successful entrepreneur is they have to be contrarian – but right. Contrarians are the ones that challenge the majority but have the stubbornness to see an idea through till the end.

Always Asking To Know More

Were you the kind of child that took the family appliances apart to try and figure out how they worked? You likely have the inquisitive mindset necessary to start a business.

Jeff Kear, Founder of Planning Pod[7] says

Are you are always interested in learning other parts of the business in which you work even though they aren’t your responsibility and you might annoy others working in those roles or departments? When I had jobs prior to running my own businesses, I was always asking questions and looking into ways to improve how I worked and how the business functioned.

Unsettled With Traditional 9 to 5 Roles

Are you bored with your day job, doing the same task over and over? Does it all feel meaningless, and like you’re just undervalued and lining someone else’s pockets with your hard work? It might be time to get into business for yourself:

Ben Taylor, Founder of Home Working Club[8] says,

If you feel constantly stifled in traditional jobs and convinced you could do things better, this probably marks you out as an entrepreneur-type – so long as those convictions are based on reality!

Kristen Gagné, Founder of Webtawks[9] adds,

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The typical 9-5 job feels wrong. You loath office politics. You detest being put in a corporate box. You don’t feel the value in working in a position that isn’t useful. You feel stifled.

Comfortable With The Unknown

Entrepreneurs are comfortable with the fact they may not know where or who their next paycheck is coming from: “You are more than comfortable losing everything you have until you succeed. Everything. You live your life “all chips in” and if you lose, you are prepared to live like a pauper till you get another opportunity to win” says Fred D. Winchar, President, Max Cash Title Loans.

Sarah Glass, Founder of Kent Singles [10] adds,

You’re comfortable with the unknown. You enjoy not knowing what one day will be like to the next. You enjoy the process of not having all the answers. Predictability is boring.

A Jack-Of-All-Trades

An entrepreneur wears a lot of different hats in their business. Early on in your business, you may be in charge of sales, customer service, accounting, marketing, manufacture, and other tasks all by yourself. You will definitely need to be able to budget your time and complete multiple different tasks.

On what makes you a great potential entrepreneur, Steven Benson, Founder and CEO of Badger Maps[11] says,

When you have the basic blocking and tackling in each area of business – Sales, Marketing, Technology, Accounting, Finance etc. A big surprise to a lot of people who start companies is how much time they need to spend selling to be successful. You need to be a jack of all trades, because a big miss in any of these areas can be company killing.

A Doer Rather Than A Sayer

Many people sit and dream, but an entrepreneur actually takes action and turns their dreams into a reality. You can’t just think about great business ideas and have them magically happen; you’re going to need to actually put in some hard work. As what Fred D. Winchar, President of Max Cash Title Loans[12] says,

The difference between a potential entrepreneur and a SUCCESSFUL Entrepreneur is the ones who can truly live a life that others fear to live and know others will mock you as you live out your dreams. Inside, your heart is burning to be more than just an employee and you know that you are relentless in your pursuit to make it. Their fear is not yours.

A Meticulous Planner

A good entrepreneur plans for any possible outcomes. You need to think in advance of any opportunities or risk that may impact your business and have action plans to adjust accordingly.

Steven Benson, Founder and CEO of Badger Maps[13] says

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I think that a great indication of being a potential entrepreneur is when you consider yourself a ‘planner’. That’s someone who really enjoys planning things, whether it’s events or business strategies. If you are going to run your own business, you have to get used to thinking a couple of steps ahead and you have to develop a concrete action plan to get started.

You also know how to manage your time on a day-to-day basis, Brandon Latack, President of 651 Lab[14] , once said,

Deciding how you are going to spend your time throughout the day is one of the key aspects of being a successful entrepreneur. You and Elon Musk are both given 24 hours in a day. Use those hours wisely.

No Fear For Hard Work

You’re willing to roll up your sleeves and get your hands dirty. Entrepreneurs often put in 60 or 80 hour weeks in the first year of their business! If that sounds unappealing to you, you may want to stick to a salaried job working for someone else. Deborah Sweeney, CEO of MyCorporation.com[15], says,

One of the greatest signs that you’re destined to be an entrepreneur is found in the hard work you’ve done over the years and the amount of initiative you’ve taken/shown for what you’re passionate about. Entrepreneurs embrace hard work and do not shy away from it. Rather; they enjoy it especially when it ties in with their passions. Ultimately, you become what you believe you will become and if you set your intention, stay focused and positive, and believe in yourself while working hard, great things will happen.

Fred D. Winchar, President, Max Cash Title Loans[16] concludes

You have no concept of weekdays verses weekends. Every day is a day to work. Money is made 24 hours a day 7 days a week. Vegas proves that.

An Especially Innovative Mind

Ben Taylor, Founder, Home Working Club[17], says,

With plans and schemes of making money since school, then that entrepreneurial spirit is probably in your blood – especially if some of those ideas were successful.

For people to buy your product, it’s going to need to be something new that they may have never seen before. You can take inspiration from other brand’s ideas and improve upon them, but merely copying a product or service that already exists isn’t going to make you rich. On this, Kristen Gagné, Founder of Webtawks[18], says.

You always think of ways to improve everything – from the way to tie your shoes to the design of the picnic table in the park – you seek out efficiencies and betterment of your world.

Nothing Can Beat You Up

Entrepreneurs don’t take no for an answer! You’re going to have to stick to it when things get rough and don’t seem to be working exactly the way you had planned. Fred D. Winchar, President of Max Cash Title Loans[19] also says,

When you fall, you are the fastest person you know to stand back up. Everyone falls. Failure is part of success. I have yet to know the successful entrepreneur who has not failed multiple time and had crushing losses.

On bouncing back from failures, Brandon Latack, President of 651 Lab[20] added

There will be several roadblocks when starting a business. The bigger the idea, the more roadblocks there will be. [Entrepreneurs] think of each failure as a learning experience. Next time you will be ready for it!

Highly Disciplined

If you’re able to succeed in other areas of your life such as dieting or mastering a particular skill, then you may have the discipline required to become an entrepreneur.

Commenting on the discipline it takes to be your own boss, Nitin Aswani, Founder of Oganikk Superfoods[21],

You are highly internally motivated – being your own boss can be a challenge for those who tend to slack off if there is nothing pressing.

Brandon Latack, President, 651 Lab[22], also says

You have the discipline to stick to challenges. It’s easy to become less enthusiastic and talk yourself out of a challenge once adversity smacks you in the face. Entrepreneurs continue to push forward when things start to get tough.

So there you have it, 15 sure-fire signs that you’ve got what it takes to become an entrepreneur. If you answered yes to over half of these 15 questions, then you’re well on your way to making that dream of being your own boss a reality.

Reference

[1] Oganikk: Home
[2] SD Equity Partners: Home
[3] Kent Dating: Home
[4] SD Equity Partners: Home
[5] Max Cash Title Loans: Home
[6] GreenPal: Home
[7] Planning Pod: Home
[8] Home Working Club: Home
[9] Webtawks: Home
[10] Kent Singles: Home
[11] Badger Maps: Home
[12] Max Cash Title Loans: Home
[13] Badger Maps: Home
[14] 651 Lab: Home
[15] MyCorporation: Home
[16] Max Cash Title Loans: Home
[17] Home Working Club: Home
[18] Webtawks: Home
[19] Max Cash Title Loans: Home
[20] 651 Lab: Home
[21] Oganikk: Home
[22] 651 Lab: Home

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Last Updated on July 21, 2021

The Importance of Reminders (And How to Make a Reminder Work)

The Importance of Reminders (And How to Make a Reminder Work)
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No matter how well you set up your todo list and calendar, you aren’t going to get things done unless you have a reliable way of reminding yourself to actually do them.

Anyone who’s spent an hour writing up the perfect grocery list only to realize at the store that they forgot to bring the list understands the importance of reminders.

Reminders of some sort or another are what turn a collection of paper goods or web services into what David Allen calls a “trusted system.”[1]

A lot of people resist getting better organized. No matter what kind of chaotic mess, their lives are on a day-to-day basis because they know themselves well enough to know that there’s after all that work they’ll probably forget to take their lists with them when it matters most.

Fortunately, there are ways to make sure we remember to check our lists — and to remember to do the things we need to do, whether they’re on a list or not.

In most cases, we need a lot of pushing at first, for example by making a reminder, but eventually we build up enough momentum that doing what needs doing becomes a habit — not an exception.

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From Creating Reminders to Building Habits

A habit is any act we engage in automatically without thinking about it.

For example, when you brush your teeth, you don’t have to think about every single step from start to finish; once you stagger up to the sink, habit takes over (and, really, habit got you to the sink in the first place) and you find yourself putting toothpaste on your toothbrush, putting the toothbrush in your mouth (and never your ear!), spitting, rinsing, and so on without any conscious effort at all.

This is a good thing because if you’re anything like me, you’re not even capable of conscious thought when you’re brushing your teeth.

The good news is you already have a whole set of productivity habits you’ve built up over the course of your life. The bad news is, a lot of them aren’t very good habits.

That quick game Frogger to “loosen you up” before you get working, that always ends up being 6 hours of Frogger –– that’s a habit. And as you know, habits like that can be hard to break — which is one of the reasons why habits are so important in the first place.

Once you’ve replaced an unproductive habit with a more productive one, the new habit will be just as hard to break as the old one was. Getting there, though, can be a chore!

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The old saw about anything you do for 21 days becoming a habit has been pretty much discredited, but there is a kernel of truth there — anything you do long enough becomes an ingrained behavior, a habit. Some people pick up habits quickly, others over a longer time span, but eventually, the behaviors become automatic.

Building productive habits, then, is a matter of repeating a desired behavior over a long enough period of time that you start doing it without thinking.

But how do you remember to do that? And what about the things that don’t need to be habits — the one-off events, like taking your paycheck stubs to your mortgage banker or making a particular phone call?

The trick to reminding yourself often enough for something to become a habit, or just that one time that you need to do something, is to interrupt yourself in some way in a way that triggers the desired behavior.

The Wonderful Thing About Triggers — Reminders

A trigger is anything that you put “in your way” to remind you to do something. The best triggers are related in some way to the behavior you want to produce.

For instance, if you want to remember to take something to work that you wouldn’t normally take, you might place it in front of the door so you have to pick it up to get out of your house.

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But anything that catches your attention and reminds you to do something can be a trigger. An alarm clock or kitchen timer is a perfect example — when the bell rings, you know to wake up or take the quiche out of the oven. (Hopefully you remember which trigger goes with which behavior!)

If you want to instill a habit, the thing to do is to place a trigger in your path to remind you to do whatever it is you’re trying to make into a habit — and keep it there until you realize that you’ve already done the thing it’s supposed to remind you of.

For instance, a post-it saying “count your calories” placed on the refrigerator door (or maybe on your favorite sugary snack itself)  can help you remember that you’re supposed to be cutting back — until one day you realize that you don’t need to be reminded anymore.

These triggers all require a lot of forethought, though — you have to remember that you need to remember something in the first place.

For a lot of tasks, the best reminder is one that’s completely automated — you set it up and then forget about it, trusting the trigger to pop up when you need it.

How to Make a Reminder Works for You

Computers and ubiquity of mobile Internet-connected devices make it possible to set up automatic triggers for just about anything.

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Desktop software like Outlook will pop up reminders on your desktop screen, and most online services go an extra step and send reminders via email or SMS text message — just the thing to keep you on track. Sandy, for example, just does automatic reminders.

Automated reminders can help you build habits — but it can also help you remember things that are too important to be trusted even to habit. Diabetics who need to take their insulin, HIV patients whose medication must be taken at an exact time in a precise order, phone calls that have to be made exactly on time, and other crucial events require triggers even when the habit is already in place.

My advice is to set reminders for just about everything — have them sent to your mobile phone in some way (either through a built-in calendar or an online service that sends updates) so you never have to think about it — and never have to worry about forgetting.

Your weekly review is a good time to enter new reminders for the coming weeks or months. I simply don’t want to think about what I’m supposed to be doing; I want to be reminded so I can think just about actually doing it.

I tend to use my calendar for reminders, mostly, though I do like Sandy quite a bit.

More on Building Habits

Featured photo credit: Unsplash via unsplash.com

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Reference

[1] Getting Things Done: Trusted System

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