Do You Really Want to Be an Entrepreneur?

There is a thought provoking article at Business Insider on entrepreneurship.  Before you start up a company, you have to ask yourself a lot of questions.  Is your family behind you?  Are you ready for the emotional swings?  Are you ready to work long unglamorous hours?  Entrepreneurs have certain kinds of characteristics as well.  Here is an excerpt from the article, click the link and read the whole thing.

“And I mean this.  I’m sure everybody has their own definition of the attributes of an entrepreneur.  Some of the ones I would identify are:

  • Not very status oriented
  • Doesn’t follow rules very well and questions authority
  • Can handle high degrees of ambiguity or uncertainty
  • Can handle rejection, being told “no” often and yet still have the confidence in your idea
  • Very decisive.  A bias toward making decisions – even when only right 70% of the time – moving forward & correcting what doesn’t work
  • A high level of confidence in your own ideas and ability to execute
  • Not highly susceptible to stress
  • Have a high risk tolerance
  • Not scared or ashamed of failure
  • Can handle long hours, travel, lack of sleep and the trade-offs of having less time for hobbies & other stuff”

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