Not everyone is meant to be an entrepreneur. Entrepreneurship can lead to a life of freedom, and benefit the people a business serves. Or, it can be a nightmare if someone isn’t cut out for entrepreneurship.

The Oxford Dictionary defines an entrepreneur as someone,

“Who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.”


Here are the 6 signs you are meant to be an entrepreneur,

1. Passion for improvement

Entrepreneurs see new opportunities, ways to help or to serve, and chances to improve the status quo. They are passionate for making the world a better place with their products or services. This passion for improvement allows for a wonderful creativity that leads to innovation.

2. Self-motivation

Entrepreneurship is lonely at times but you only get out of it what you put in. The ability get things done working alone is important. You have to be self-motivated to complete tasks, especially when you don’t feel like it.

3. Your confidence is more powerful than your fear

Many new entrepreneurs lack the courage to forge ahead alone and yearn for someone to take the first step, to go first, to show the way.

Successful entrepreneurs are willing to take risks, fail quickly, learn from their mistakes, and move on. Entrepreneurs aren’t overly concerned with failure and focus instead on the vision they want to create. Failures are just bumps in the road.They are able to overcome their own fear of failing and may even take on risks that they have been advised against.

4. You have a plan

Whatever line of work they are in or want to be in, entrepreneurs are in the job of creating plans and marketing those plans. An entrepreneur begins a new venture slowly by having “what if” conversations with friends and family to make sure there is a need for the new idea. Then he or she checks for any competitors who may be already offering something similar to see how those goods or services could be made better or provided more efficiently.

5.  You are able to solve problems

There is almost never enough time, money, or human resources to do everything an entrepreneur would like to do. This forces resourcefulness and an ability to solve problems to get things done. The most successful entrepreneurs are expert problem solvers who are able to leverage resources to achieve a large impact.

6. You are competitive

Competition leads to innovation.

Sometimes people see competiveness as a negative attribute, but it is a positive and essential characteristic of an entrepreneur. A successful entrepreneur is someone who doesn’t like to take no for an answer, and will keep trying long after something seems unattainable.

Think about these characteristics and how you fit into the definition of being an entrepreneur.

About Author

Sangeeta Ghosh

Sangeeta is an engineering graduate and is passionate about painting and music. She is always blooming with new ideas and is a real go to person when you are searching for one. Exploring good dining places across the city is her favourite off-field indulgence. At KnowStartup, she is an integral part of the editorial team.

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