1. Your entrepreneurial mindset, assuming you have one, is not just a different way of thinking, it’s the only way. Let me explain, if someone with an entrepreneurial mind sets out to start a business, by obviously solving a problem or many problems, their business will turn out better than someone just in it for the money who creates your standard corner bakery when there’s another one right across the street. Entrepreneurs tend to have a personal brand, that complements every aspect of there life while not getting in the way of the business or corporation side of things. This is very useful to have, especially when starting a business.
2. Problem = Opportunity. This is what entrepreneurs are all about. This is how they are born. They see problems, and create a solution for them. This can come into play anywhere, in any situation, such as an employee creating a new file system that works specifically for one company, but works much more efficiently than the previous, standard filing system that was in place. Right now, the hot thing is taxes, in America at least, so a lot of people are offering accounting services, not just those big businesses, but people who have taken classes in High School and College who are seeking to make money by solving a current problem. Today, it’s taxes and accounting. Tomorrow, it’ll probably be how to live greener, or something else on a popular topic.
We entrepreneurs also have a lot to thank huge corporations and organizations for. Without them not addressing the real problems, we would have to find something else to do with our lives. Instead, there are many problems, with rather simple solutions, which can be easily implemented, which have been created and neglected by these huge businesses. So, thank you bureaucracy and huge businesses for creating problems that we can capitalize on and fix.
3. Run straight at something, and don’t try to sidestep it. This is applicaple anywhere, and not just small business, but it is still great to mention. If you quit your job because you hate it, I’m sorry to say, but you’re probably going to hate every job. Now, of course, there’s special situations, such as myself, but in general someone who quits their first job because they hated it will quit their second, third, fourth, etc., because they hated them too. Don’t use leaving your company as a chip on your shoulder to start your own business. Sure, this will give you the initial motivation, and the drive, but once it starts becoming succesful, you will probably start to lose your drive, and it’s probably not because the buiness you are running isn’t for you, it’s because it isn’t you. Entrepreneurs don’t fail slowly, and don’t fall easily, they either hit the ground at 100 mph, and become road kill, or bounce off the ground at 50 mph, and keep plugging away for that day of gratification in the far off future, so if you’re the kind that leaves marks on the road, you probably shouldn’t even start your own business.
4. You’re different, not better, not worse. With this mentality, you may see your world completely differently. You don’t need to look at other businesses and compare yours to their necessarily, because this creates the illusion that you might need what they have, or they might need what you have. While the business world is like that, I ask you not to make it like that for yourself. You’ll be a lot more successful by putting things into perspective and focusing on yourself, not others. Instead of comparing your earnings, at least compare your customer satisfaction rate, because along with that, comes more money.
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