What makes a successful entreprenur?

by Ashvini on November 26, 2010 · 1 comment

in Entrepreneurship

Most of us want to be an entrepreneur. We want to control our lives and destinies being our own bosses and earning millions.

To point of sounding rude, I have the opinion that these are not the particular outcomes of our journey to the entrepreneurship, at least till a long time.

An entrepreneur is faced with difficult choices all the times. He/She is strapped for funds most of the time. He has demanding clients who are ready to run away at the drop of the hat. He finds keeping the team together difficult against the onslaught of competitive poaching and higher salaries offered to team members by someone else.

And as for the money part of it , an entrepreneur sees the money last. At the start of his venture, all he can do is to keep on pouring money into the venture . The thought of earning at least in a few years of starting up is difficult to imagine.So far so good for all the dreams.

The point is not to discourage anyone but to let one know that as an entrepreneur , he or she is responsible for all the risks that come along with the entrepreneurship.

So is it the end ? Should we all give up entrepreneurship and go back to someplace where we can earn monthly paycheck and bury our dreams.

Not at all.

Let us think.

What makes people successful?

Is it the fact that they were born rich ? Maybe. Is the fact that they were at right place in right time ? Maybe , again.

I think successful people( not necessarily rich) are those who learned from their mistakes and moved on. With every failure there is a  desire to come back and do things in a better way . And that is what entrepreneurship should be all about.

Most of us cannot drive a car properly at the first time, let alone steer a venture.  We have too much confidence in ourselves ( that we will only succeed). To have confidence is good but one needs to develop capacity to handle failures, apply ourselves again, do the right things and win the day.

That is why serial entrepreneurs have more chances at being successful. They fall, make mistakes, learn and do it again.

That is why when I present my case, I say, “Do It Again and Don’t worry”.

About The Author

{ 1 comment }

Hi! This is such a great article and I am sure a lot of entrepreneurs are going to benefit from this. I have been giving advice like these to many up and coming business people and have been successful so far. I am Donald Brownlie Fleming, an Australian E November 30, 2010 at 9:51 pm

Hi! This is such a great article and I am sure a lot of entrepreneurs are going to benefit from this. I have been giving advice like these to many up and coming business people and have been successful so far. I am Donald Brownlie Fleming, an Australian Entrepreneur, ebook author (Master Selling by Donald Brownlie Fleming) and a Philanthropist. If you have time, maybe you can visit me too.

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