Do You Think Of Yourself As A Business Owner Or An Entrepreneur?
Posted by Carl Orlafski in Uncategorized, tags: business, career, entrepreneurs, home business, internet, Internet Business, make money, money, online, online business, Uncategorized, work at home, work from homeWe live in the age of the entrepreneur. That’s not a bad sales pitch. As layoffs are slowly nudging shoppers back to mom and pop shops, and more individuals than ever are stretching their wings and setting out on their own, entrepreneurs are doing a booming business.
Entrepreneurship is chic.
Erika Napoletano at Redhead Writing has written an article posing a fascinating question. She asked her readers if they themselves were business owners or entrepreneurs. There is an interesting distinction between the two and I’ll bet the majority of her readers couldn’t answer that question.
Which are you, in fact? Are you a business owner or an entrepreneur?
So, what’s the difference?
I’ll bet you don’t know and/or haven’t given it much thought. You would be with the majority of people on that one.
So what is the difference between an entrepreneur and a business owner? A business owner is one who owns a business. It may be one that they themselves have started. It may be one that they’ve purchased from someone else. It may be that they’re third or fourth generation. It doesn’t matter. The point is, they run their business and they run it well.
The entrepreneur is one who started his own business based on his own concept. If that business concept proves to be a new and exciting one, the entrepreneur is off to a very good start.
If you have a great idea for a business and are thinking about turning yourself into an entrepreneur, you should ask yourself a few probing questions before you take the plunge.
1. Are you deathly afraid you’ll mess up? Being an entrepreneur all alone in your business life can be a frightening concept. The truth is you will err. You will err seriously. Chances are very good you will fall hard and will need to pick yourself up, dust yourself off, and start all over again, as the song goes. If this is abhorrent to you, do not become an entrepreneur.
2. Do you have a problem telling people what to do? You’d be amazed at how much harder it is to take the reins than it is to let someone else deal with the hard stuff. If you’re a pushover who thinks they want to be an entrepreneur, you need to get over it. Seriously.
3. Can you think fast? If you cannot think on the fly, you won’t make it as an entrepreneur. Entrepreneurs run headlong into obstacles all day long. If they can’t face them and come up with a quick reasoned decision in 30 seconds or less, their business is doomed. If you need time and careful consideration before making decisions, think seriously about working for someone else.
4. Are you hesitant to announce your immediate plans to others? Entrepreneurs have been called fruitcakes for millenniums. Anyone with a new idea is suspect. You will receive a lot of sideways glances and knowing smirks as you go out into the world as an entrepreneur. You must learn to look them right in the eye and go off and do your thing. If your skin is too thin to do that, do not become an entrepreneur.
If you’ve got all that, you’ve got what it takes to be an entrepreneur. Or at least, to get your feet wet finding out along the way. More power to you. Let us know how that works out!
If you happened to have found interest in the preceding post, it is easy to go and take a look at more similar posts at Capital Online Revenue or this Capital Online Revenue Blog Post.
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