Background
Whether to take up entrepreneurship as a career as against a finely paid job is always a debatable topic... The article tries to focus on few basic personality traits of an entrepreneur to help in the assessment to make a choice.
The quotable quotes by the successful entrepreneurs summarize the basics of what it takes to be a successful entrepreneur.
"An entrepreneur tends to bite off a little more than he can chew hoping he'll quickly learn how to chew it.” - Roy Ash, co-founder of Litton Industries
"Business opportunities are like buses, there's always another one coming." - Richard Branson, founder of Virgin Enterprises
"The important thing is not being afraid to take a chance. Remember, the greatest failure is to not try. Once you find something you love to do, be the best at doing it."- Debbi Fields, founder of Mrs. Fields Cookies.
When I started PrincipalSoft, I had good ideas and a lot of enthusiasm. At the end of the first year, my father accepted me as an “entrepreneur” as I had no job and I was sailing in unknown waters.
Entrepreneurship is a rewarding journey that requires maintaining a positive attitude & absolute faith in once abilities under all circumstances. It’s about finding a right way and leading it successfully through the unknown conditions.
Following are few pointers to help an individual to transform himself to be a venture entrepreneur…
1. Make Meaning
Increase the quality of life. Make people more productive or their lives easier or more enjoyable.
Right a wrong. A variant on the above… be a part of the solution, not a part of the problem.
Prevent the end of something good. Preserve something classic or historical. Save the whales.
2. Make Mantra
Come up with a simple mantra, preferably three words or less, that precisely describes your core values. Some examples from the famous enterprises:
Wendy's: "Healthy fast food"
FedEx: "Peace of mind"
Nike: "Authentic athletic performance"
Guy Kawasaki: "Empower entrepreneurs"
3. Jump to the next curve
Reboot your brain. You have to break old patterns of behavior in order to adopt new ones.
4. Get going: Don't get caught in "analysis paralysis". Some tips to keep you moving forward:
Don't type, prototype. - MS Office Users Vs AutoCAD users
Don't worry, be crappy. - Don't be perfectionist. Add Value then improve
5. Hire infected people.
Hire people who are as passionate about your product as you are (or at least close to it).
7. Don't let the bozos grind you down.
“FOLLOW YOUR DREAMS BECAUSE ONLY YOU CAN MAKE A DIFFERENCE”
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