Are You Ready to Become an Entrepreneur?

This simple article is all about understanding whether you’re ready to become an entrepreneur, only if you need to be. However, if you need to become a successful entrepreneur, you’ll need to develop some other qualities in addition to these.

If you are not willing to become an entrepreneur, I would highly appreciate it, if you can pass this article to someone who would love to pursue his/her dreams as an Entrepreneur; could be your friend, relative, sibling or your daughter or son 🙂 Please do it for them to help.

So, for the start, let’s talk about the things you should develop, maintain and sacrifice in life to become an entrepreneur; a fresher of course 🙂 And while talking about that, I will also give you some real life examples as well to understand the depth and the struggles which entrepreneurs face.

Develop these in your life to become an Entrepreneur

1. Resilience

Entrepreneurship is a rollercoaster ride filled with ups and downs. Building resilience will help you weather setbacks and stay focused on your goals.

Howard Schultz, the founder of Starbucks, faced rejection when he pitched his coffee shop idea. Undeterred, he started Starbucks in 1985. Despite early setbacks, Schultz's resilience and unwavering belief in his vision turned Starbucks into a global coffee giant, emphasizing the importance of resilience in entrepreneurship.

Melanie Perkins, co-founder of Canva, has been rejected by more than 100 investors. But her unwavering determination and resilience transformed setbacks into success.

2. Adaptability

The business landscape is constantly evolving. Being adaptable and open to change is crucial for staying relevant and innovative. When things go wrong, use your creativity, knowledge to pivot your idea to match today’s world. 

Remember, those who cannot adapt to new changes, die early, like Dinosaurs. This is what happened to giants like Nokia and Kodak. Innovate always, find new things, new ways to move forward. 

3. Networking

Your network is your “Net Worth”. Building a strong professional network can open doors to opportunities, mentorship, and potential partnerships. So, invest time in networking both online and offline, use social media to develop businesses and a personal brand for yourself, instead of wasting your precious time scrolling up and down there. 

(The time you are wasting today cannot be taken back, it’s gone. So, use your time wisely). 

Successful people like Mark Zuckerberg, Warren Buffet, Richard Branson, Oprah reached the top of their ladder, thanks to their good network. 

4. Problem-Solving Skills

Entrepreneurship often involves solving complex problems, but sometimes it can be all about solving very simple problems that people face in their day to day life. 

Would you believe it if I tell you there are entrepreneurs who are earning income by developing simple timer/ countdown apps for events? Look for simple problems you face in day to day life and try to find solutions for them. Then make it a business. 

Think differently. 🙂

Psst… You don’t have to wait until you develop these skills to start your life as an Entrepreneur, because that’s not how it happens. You learn while you actually start doing by making mistakes, but make sure to give your time and effort to develop these on the go. 

Let’s discuss the things we need to maintain and sacrifice in life to become an entrepreneur in the coming articles. 

I will be providing more practical knowledge, experience and free tools that you can use in building a business as an entrepreneur in my future articles. Also, I will be writing about strategies you can use to enhance daily focus and productivity (because that’s what my latest startup does 🙂).

I can help you optimize your LinkedIn profile;

• To stand out among the crowd (because attention is the key now)

• To land in your next dream job (because you are losing $12,000/yr now staying at the same place)

• To start your LinkedIn creator journey (still only 1% users are creators on LinkedIn. Don’t lose this huge potential to grow your personal brand).