Qualities Are the True Tokens
of Successful Entrepreneurs?
probably seen the bumper stickers
or Get Out of the Way."
While the bumper sticker may be
directed at the dreamer doing
10 miles less than the speed limit
in the left lane, it also applies
to everyone's life. Most people
are followers, but others are
leaders. They want to be at the
helm of their own ship, charting
the course that their lives will
are most likely
- people who have what it takes
to start and succeed at their
qualities are the true tokens
of successful entrepreneurs?
Thousands of books and articles
have been written on the subject.
There is even a
for the Entrepreneur's Soul
an annual event called "Entrepalooza"
at the University of Michigan,
where successful business owners
relate their secrets. It turns
out, though, that just about everyone
who takes on the challenge of
owning their own business has
They have a dream.
be anything from wanting to make
a living from a hobby to wanting
to find a way to spend more time
with their families. Along with
their dreams comes the foresight
to see a need for something or
a problem that needs solving,
and finding a way to supply that
need or solve that problem. Instead
probably invent a way to make
a profit from that,"
the entrepreneur says,
going to be the one who finds
a way to make a profit from that."
They visualize success.
of us have thoughts and ideas
of how we'd like our lives to
change. We say,
I could find a decent job,"
"If only I could lose
don't just think about it.
They spend a great
deal of time "seeing success."
If the goal is to spend more time
with family, the entrepreneur
himself or herself
working at home,
one of the children say
I'm so glad you don't go away
to work anymore,"
what reaching the
goal is like. This "positive
thinking" technique has been
around for a long time-and it
still works. It helps create
, and that is a
prerequisite for anyone even thinking
about starting a business. They
never stop using this visualization
process: It keeps goals shining
brightly, and for the entrepreneur,
there are always new goals to
They're good listeners and observers.
Aki Morita, who founded Sony,
got the idea for the infamous
Sony Walkman when he got tired
of listening to teenagers blasting
music from their boom-boxes. He
knew he wasn't the only one bothered
by the noise. By listening to
what people are saying and observing
what they're doing (or not doing),
the entrepreneur identifies what
people want. Lots of people.
also listen to advice. While it's
great to have people cheering
you on, entrepreneurs find a wealth
of knowledge in the doom-and-gloomers.
They present the possible downsides,
providing the business owner with
some new ideas to think about
as they develop their business
plan. They read books and listen
to motivational CDs. They stay
psyched up for success by learning
new skills and staying on top
They're good organizers.
a new entrepreneur develops an
idea and begins visualizing a
goal, he or she makes a plan.
They know they can't just plunge
in and hope for the best. They
do research, find out what others
in similar businesses are doing,
and find mentors who can help
them figure out what steps they
need to take to begin reaching
for their goals and dreams. They
find out how much money they need,
what kind of equipment is essential,
and if they will need to hire
people or can go it alone. Ultimately,
they consider all of the information
and advice they've gathered and
make their own decisions, taking
the best ideas from each source.
course is charted, the work begins.
There will be phone calls, e-mails,
and paperwork. There will be days
when nothing goes right, and when
obstacles seem insurmountable.
But because entrepreneurs are,
above all, problem solvers who
love a challenge, they have the
courage and perseverance to keep
going. They bounce back from failure
like super-balls hitting the sidewalk.
They keep their organizational
plans in mind, and keep striving
to achieve each step, one at a
They don't believe failure is
To be successful
in your own business, you must
believe 100% that you will succeed
at what you are doing. You must
have faith in your own ability
to make things happen. You must
believe that your idea is really
a good one that will help other
people or make the world better
in some way. Sometimes, it simply
takes guts-like the quarterback
who decides to run the ball and,
against all odds, scrambles over
the pileup and scores a touchdown.
They have self-discipline.
Running your own business doesn't
mean that you can mosey down to
your home office at 10 AM, go
to lunch at noon, and take the
afternoon off. Just like at a
regular job, entrepreneurs work
hard. In fact, many put in more
hours and work harder than they
did when they were someone's employee.
But it's easier to put in the
extra hour or two when you have
a passion for what you are doing,
a roadmap for where you're going,
and the confidence that you will
Are you tired of working for
someone else? Do YOU have what
it takes to be an entrepreneur?
If you believe in yourself, fill
in the form below for free information
about starting your own business.