I looked up the definition of an “Entrepreneur” and the numerous definitions that poured forth are staggering.The synonyms alone are interesting enough to determine and decide which one matches or best suited to lend itself for clarity.
Bottom line is we can at least say we are talking about a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.
We use descriptive words: businessman (woman) business person executive, enterpriser, tycoon, magnate, Healer, trader, buyer and seller. Who could forget, “merchant?”
I have researched somewhat what makes Entrepreneurs and found as many as 40 traits that could be attributed to success as an Entrepreneur. We won’t list or address all of them.
One of the characteristics of an Entrepreneur requires nights alone doing what others won’t. In the quiet they motivate themselves. Entrepreneurs can think big picture. Entrepreneurs can see what the future holds before it takes shape. They can know how to sweat the small stuff. Entrepreneurs embrace the idea of doing the little things so they can achieve the big things. They wake up with an itch to create value, build things and achieve their goals.
The more you learn, the more you earn, if you’re going to be a successful entrepreneur experts say, and they also say, “you need to make a commitment to reading a lot.” Whether we’re talking about TV or Podcasts, entrepreneurs are more likely to consume content that helps them grow than content that makes them laugh. Entrepreneurs place value on learning about the world around them and gaining insight around how they can be a better and more efficient entrepreneur. That philosophy works for many other businesses as well.
Entrepreneurs are people who know that you’re going to have to make tough choices and go through tough situations. They understand that there is a direct relationship between uncomfortable moments and success. The more uncomfortable situations you face, as a would-be entrepreneur, the more likely you’ll find situations that result in greatness.
The best entrepreneurs usually have someone who they look up to and aspire to emulate. Whether it’s in their personal life or professional life, the best entrepreneurs know someone who they see as a success and they’ve studied the steps they’ve taken to get there. Other traits an entrepreneur is not afraid of getting their hands dirty. The best entrepreneurs are willing to work hard but they’re more focused around working smart.
Insecurity is something that strikes everyone from folks on the red carpet in Hollywood to the owner of a Mom & Pops shop in the country. The insecurity of an entrepreneur is what fuels their passion for constant development and what forces them to work hard. The best entrepreneurs despise mediocrity and don’t mind failure. Whether it’s on a plan or wherever, entrepreneurs have the ability and understand the importance of being able to work from anywhere, anytime.
The best entrepreneurs are very confident in their ability to deliver value to their customers. Entrepreneurs see opportunities for new businesses everywhere they go. If I had read years ago what I learned by writing this article, perhaps I would have been smart enough to have figured out how to be an entrepreneur, I could have changed the world for the better.
A few famous people who are considered Entrepreneurs include: actress Oprah Winfrey, Walt Disney, Steve Jobs, Benjamin Franklin, Bill Gates, Sam Waltman (WalMart) and Warren Buffett.