Dr. Jay Feldman Entrepreneurs who succeed are distinct from people who are just looking for an opportunity to work.
There are some key differences you must be aware of prior to making the decision to leave your job and begin your own company.
People often think that starting it is the best solution to unemployment. Businesses fail within the initial five years.
The reason this fails is because we’re not taught the skills and knowledge required to succeed as entrepreneurs. We are taught to be employees to earn money for another.
It’s a great idea, isn’t it? Every hour you work occupation is putting the same amount of money in your pocket as the amount you make into someone else’s pockets. Who’s a pocket? The successful businessman.
Why are successful entrepreneurs business owners? They are able to have a different attitude regarding the security of their money.
They are focused on the notion that it will eventually become an enterprise. I know this is true since I’m similar.
An orphan a lot of times since I’m unable to think of anything other than how I can grow my company, begin a business or start a business.
It requires a determination to make sure there is an equilibrium in my life, as I’d rather play in my own creations and learn about new things.
1. Driven and Not Afraid to Take a Risk
Dr jay feldman entrepreneur who is truly successful sees the opportunity to make something and believes that this opportunity is going to be extremely successful.
They don’t think of things in terms of becoming wealthy. The rewards are seeing an idea become an actual business, or taking an existing business and enhancing its performance.
It’s not unusual for entrepreneurs to decide to sell their company when it has been successful, because they don’t have the desire to oversee it.
They want to build an entirely new business. or, they employ employees to run the business for them and then move on to the next project.
Entrepreneurs are resilient and are not prone to give up quickly. They never stop feeling the excitement they feel from watching their vision become an actual success.
They might be concerned about their income or other financial issues. But they push forward believing that everything will be in place eventually and a successful business will grow.
Their uncompromising, determined attitude keeps them going because they are able to taste, feel and even see the final result.
3. Problem Solvers
Entrepreneurs are problem-solvers. They are most efficient when they solve problems with a group.
They are aware of their limitations and seek out outside expertise for the solution to be realized. Entrepreneurs would love having someone else take on the work for them, as they move forward with their goals.
Entrepreneurs don’t hesitate to ask for, borrow or take (not actually) the money needed for their dream to come to a realization.
The idea is their muse and everything is considered a sacrifice in the event that the idea is a success.
5. Able to Manage Diversity
Entrepreneurs can be capable of managing a multitude of tasks simultaneously or are sure that they have hired or persuaded someone else to do the taking on the task.
Entrepreneurs are skilled at manipulating. They can pitch an idea to anyone and convince them into joining the group and make sure that the plan becomes a reality.
Dr jay Feldman‘s entrepreneurs are perpetual students. They are fascinated by ideas and ways to improve the way they do things.
They go to seminars to discover something new that can be applied to the company to make it more successful.
Entrepreneurs are driven by liberty and prosperity, and in order to make decisions on their own, be accountable for the outcomes of their work.
Identify an issue and transform it into a business and make an impact in the world. Their concept of enjoyment is to create an enterprise that is successful.
Take this test to find out if you’ve got the characteristics of a successful businessperson:
1. Do you want to commit the entirety of your time to establishing an enterprise
2. Are you unemployed because you love to think and aren’t afraid to share your opinion
3. Are you ready in case you need to reduce your living standards until your business is profitable
4. Are your family and friends able to be able to understand why you don’t want to attend parties, films, and other events that appear to hinder the path of your progress?
5. Did you own different businesses but desire to start anew?
If your answer is “yes” to these questions, you stand the best chance of succeeding. The essential qualities include no anxiety, confidence, focus, and motivation.