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19 Signs You're Meant to Be an Entrepreneur
Some people think they're born to be an entrepreneur; others see it as a skill anyone can learn. Regardless of where you stand on this debate, you can't argue with the fact that some people just know they're destined for entrepreneurship. If you aren't one of these people and you aren't sure whether you're suited to the profession, here are some signs that you're destined to be an entrepreneur.
Being your own boss is not for everyone.
Having a restless spirit that's never satisfied with "good enough" is one sign that you'd make a great entrepreneur. Being a business owner means continually improving on your success and never resting in your comfort zone. If you love achieving, entrepreneurship might just be for you.
Taking initiative is crucial in entrepreneurship. No one is standing over your shoulder telling you to get things done. Vacation days don't require a written request. There's nowhere to clock in or out. Without extreme self-control and natural drive, work can fall to second to the many distractions of life.
While entrepreneurship comes with freedom and flexibility, there is also a great deal of responsibility and an even greater need for discipline.
Curious as to whether or not you would cut it as an entrepreneur?
If you've ever been in a bad relationship with a controlling partner, you know that needing to be in control isn't always an entirely positive trait. That said, every entrepreneur needs a team to be successful. If you like being in charge and people have an easy time following your vision, you could make a very good entrepreneur.
A blasé attitude is not associated with overwhelming success as an entrepreneur. If you don't genuinely love what you're doing, it will be hard to overcome the inevitable obstacles. Starting your own business is rarely an overnight success. From lack of customers to profits, it's not easy street. Without an undeniable passion for the industry you're entering, it will be difficult to stay afloat among the disappointments and hard times ahead.
Were you always the first kid to swing the rope out over the lake and jump in? If you love risk, entrepreneurship is likely going to be a great fit for you. Business leaders have to take calculated risks every day, while employees tend to have those risks decided for them. If you're a natural risk taker, you'll likely make a good business owner.
While being a loner doesn't rule you out as a potential entrepreneur, lacking social gumption could hinder your success. Having people skills suggests that being an entrepreneur might be more realistic, since communication is a necessity in any business endeavor. Without it, you could face difficulty forming partnerships, attracting customer and networking within your industry.
Giving up easily is not a typical trait among entrepreneurs. Securing your own success requires perseverance and the ability to be persuasive and think outside the box. Not everything is going to go exactly as planned and people, permitting, laws and codes can quickly turn to roadblocks inhibiting your business from growing. You need to possess the strength to try harder -- or try other options -- to overcome these obstacles.
Creativity isn't just a quality found in writers and artists. It's a common component of entrepreneurs as well. Research identified that while just 47 percent of people are creative thinkers, the percentage jumps to more than three quarters when looking at entrepreneurs. Since finding innovative ways to solve ordinary problems takes creative thinking, it's actually not that shocking that the majority of entrepreneurs think differently.
There's a reason some companies heavily recruit athletes for sales and business positions. The desire to strategize and win translates perfectly into business. If you played sports growing up or are the type that excels when faced with a little rivalry, you might just have what it takes to be an entrepreneur. A competitive nature will force you to not just be better -- but be the best.
10. You're hardworking.
At the end of the day, those who are willing to put in the most work are usually the ones who reap the greatest reward. If you're the type of person that likes to skate by doing the bare minimum, the heavy workload of entrepreneurship will likely bury you. Entrepreneurs aren't afraid to wear more than one hat, work through the weekend or sacrifice for the success of their business.
A desire to be rewarded directly for your accomplishments is a clear calling card of an entrepreneur. Many founders started their own businesses after getting fed up with working for other people's idea of a fair salary. As an entrepreneur, you can make your own profit with your own work--no more slaving away to help line somebody else's pockets.
An amazing number of successful entrepreneurs have felt like they simply didn't fit in with the "normal way" of living life. They dropped out of school, quit lucrative jobs, or did other "foolish" things, simply because they had to live life in their own way, on their own terms. If you feel like a black sheep or long to live unconventionally, this is a good sign you're meant to be an entrepreneur.
Being an introvert doesn't mean that you hate being around people; it just means that you recharge best when you're alone. It also means that you're more of an "ideas" person, enjoy working alone, are a great listener, and are great at fostering a team environment.
This isn't to say that extroverts can't be successful as well, as many outwardly focused people use their innate connecting abilities to drive the growth of their startups, but there are certain entrepreneurial advantages that come from being an introvert.
Great ideas are a dime a dozen, and millions of hourly employees around the country have them. Hell, I'm sure you know at least a handful of people who constantly boast about their "million-dollar ideas," even though that's all that ever comes from their proposed business ventures.
The reason these "all talk" people aren't entrepreneurs is because they never take action on their ideas. If you're someone who takes action (or if you can partner with someone who can effectively implement your ideas), you'll likely succeed as an entrepreneur.
Budgeting is no joke when it comes to business. Unsuccessful business owners squander money on foolish expenditures, wasting their limited capital on things like extravagant marketing displays or unnecessary conference travel. If you're good with a budget, you're already a step ahead. By being able to effectively budget, spend, and use money as a tool for growth, you'll be able to drive your business to success as an entrepreneur.
"Never say die" is the catchphrase of every entrepreneur. To succeed as a business owner, you need a tenacity that's, unfortunately, very rare. Not every day as a startup operator is rainbows and sunshine. You'll hit challenges and roadblocks that'll make you wish you'd never even started. At these times, it's up to you to find the inner resolve to be tenacious and push through--no matter how frustrated or exhausted you are.
If you have a tendency to doggedly pursue things until they're finished, and you won't give up until you succeed, you're a born entrepreneur.
Business owners have to raise a lot of money to fund their ideas, lead a team to implement those ideas, and sell those ideas to their customer base. Confidence goes a long way in each of these pursuits. If you believe in your abilities and simply know that you can succeed, you're destined to be an entrepreneur.
Curiosity may have killed the cat, but it made the entrepreneur very wealthy. By always wondering "why," you'll get to the bottom line of many issues and develop new solutions in the form of products and services that haven't yet been introduced. You'll also be able to anticipate challenges before they arise and creatively problem-solve in a way many others can't. For these reasons, curiosity is key to being an entrepreneur.
As an entrepreneur, you can't afford to get bogged down in the small things. You need to be able to see the bigger picture of your vision. If this is something that comes easily to you, you'll likely turn out to be a good entrepreneur.
Certainly, this list isn't comprehensive. There are many different personality traits that help entrepreneurs be successful, and these are just 12 of the possibilities. But if you see yourself in at least a few of these descriptions, it's very likely that you're destined for work as an entrepreneur. Don't wait any longer. Get out there and change the world!
Do you think you're destined to be an entrepreneur? Why or why not? Share your thoughts and experiences in the comments below:
Success is yours for the taking.
Andries van Tonder
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I am a Digital Marketer and an Entrepreneur with over 40 Years of experience in Business and Marketing.
Business is my passion and I have established myself in multiple industries with a focus on sustainable growth
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