Many historians look at America and describe an entrepreneurial spirit among the people. People throughout American history have attempted things that people from other lands would not or could not try. Frederick Jackson Turner spoke of the power that the frontier had on the psyche of people as they moved westward. They had no one to rely on but themselves.
Some commentators today act as though the entrepreneurial spirit is dying among Americans. They point to social welfare systems and complacency with abundance as a couple of problems that have led to the demise of the entrepreneur. Is this an accurate assessment of American society? Are there still those who have what it takes to be innovative and change the way people live?
Perhaps there is yet a better question. Do you have what it takes to be an entrepreneur? Do you have an entrepreneurial spirit? Here are a few ways to figure out if you have what it takes to join the ranks of the Thomas Edisons, the Henry Fords and the Bill Gateses of the world.
If you enjoy taking financial risks, you might have what it takes to be an entrepreneur.
Most people are afraid to take risks. This fear is frequently enhanced when it comes to financial decisions.
People who will get drunk and wake up next to someone they don’t know would be under the classification of someone who is engaging in risky behavior. Still others will think nothing of plunking down $100 on a blackjack table or the lottery.
The same person who seems so risky when “having fun” will often avoid setting up an account for selling items online or starting a website like the plague. Which scenario is likely to work out in the long run?
Talented people can make a start-up work. Few can make the other two situations work out.
If you enjoy working toward a goal, you might have what it takes to be an entrepreneur.
Many people think that they work hard. They put in their 35-40 hours a week at work. Then they go home and vegetate in front of the television for the next six hours until it is time for bed. Then they get up the next day and start the same routine again.
They frequently hate their jobs and hate their bosses, but do relatively little to change their situation. Entrepreneurs may quit their job on a moment’s notice and start a business. More frequently, however, they will work after their workday on their idea or their passion to make it work. Which group do you find yourself in?
If you don’t really fear failing, you might have what it takes to be an entrepreneur.
Source: imgfave.com via Larry on Pinterest
How many times did Thomas Edison fail at making an incandescent light bulb? He said he found 2,000 ways not to make a light bulb.
It only took one success to make him world famous. How many times do great authors get rejected before landing a book deal?
Most everyone has heard the wise saying of “if at first you don’t succeed, try, try again.” If you have an entrepreneurial spirit, you take this statement to heart. Those who are not entrepreneurial are usually afraid to even try in the first place.
These are three ways that you can tell if you have an entrepreneurial spirit. Entrepreneurs are prepared to try. They are prepared to undertake personal development. More importantly, they are prepared to fail with the hope that they will eventually succeed.
P.S. Are you hearing the call of the wild? Calling All Those With An “Entrepreneurial Spirit”. If you ready for the journey of a lifetime Register today!
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I think entrepreneurs are never truly satisfied working in constrained 9-5 jobs. I would know…. but that’s not to say entrepreneurs cant work those types of jobs, but they will always want to go off on their own path eventually.
Trevor recently posted..Why Your Twitter and Facebook Accounts Are BORING
I Trevor, I agree it takes a special breed of person to be an entrepreneur. Thanks for stopping by and commenting.
To be an Entrepreneur is a tough job,Not many people think of being the one.Because there are risks involved and the main and foremost is “Money”. They have the fear of loosing their money if it didn’t workout.Lots of guts are required to be an Entrepreneur.
Entrepreneurs are somewhat crazy persons filled with passion to do anything and at any cost and get succeeded if not once they don’t loose hope and keeps on trying.And having this Spirit is not an easy task for everyone.
Aditya recently posted..ERP CRM Softwares Solutions Providers
Hi Aditya, people do fear loosing their money for sure. But money can always be earned.
I think us Entrepreneurs are considered crazy because we think working for meager hourly wages is crazy..
We think that having someone look over our shoulder every 20 mins is just plain nuts.
I remember a time here in the United States where you could safely get a job for life. In today’s economy nothing is certain..
…I think it’s crazy not to keep your options open
Some very interesting points! The willingness to take financial skills is definitely one of the most essential qualities of an entrepreneur. However, one should make sure that those risks are calculated so the one doesn’t face ‘miserable failure’.
Thanks.
Faissal Alhaithami recently posted..First 5 Steps to Start Your Own YouTube Channel
Hi Faissal, thanks for stopping by and commenting..
I agree with you a person needs to take calculated risk. I think real Entrepreneurs don’t worry so much about the risk.
It’s the big picture that matters…
All about belief alright. If you don’t have it forget it, you won’t be successful. Dream big, believe and work very very hard.
Elena Anne recently posted..Stress & Weight Gain
Hi Elena, I agree it’s all about having belief in yourself. If you doubt yourself you certainly are going to have trouble seeing your vision turn to reality.
I like to tell people whatever your dream is , it’s to small
Dream EVEN BIGGER!!!
Thanks for commenting.
I think having a passion will help you overcome difficult moments and persuade people to work for you and want to do business with you. That is one of the entrepreneurial spirit.
Becca recently posted..Skip Bins Wyongah
Hi Becca, Passion is very important it is the fuel that drives you. People who start stuff without passion are in for a rude awakening.
Although being an entrepreneur and making money go hand in hand. The reality is money is second to passion.
For Example: I have a passion for teaching, it’s what I enjoy doing. I taught guitar for a few years, I teach martial arts now, and I love teaching people how to market online.
I would say teaching is a passion for me
All the thoughts that are written on the first photo sound very encouraging. I even reread them for two times! Thank you very much for sharing this post
Amanda recently posted..Business WordPress Themes
Ya I thought it was good too Amanda
Not having that fear of failure is huge. Entrepreneurship is about rolling the dice and taking a risk, sometimes a major risk, where failure is a major possibility. This is the obstacle that the vast majority of people cannot overcome. You need that undeniable confidence to stare failure right in the face and believe in yourself and your idea enough to keep going. THAT is entrepreneurship.
Hi Paul, your absolutely right fear of failure is huge. That’s why I think some people are just better off working and listening to their bosses.
Being a self – employed person has many stress factors and unless the person is ready to face them head on, they need to get job.
Thanks for commenting..
Hey Larry, Spot on with this article!
Being a true Entrepreneur is knowing that sometimes you will FAIL! It’s that simple. When you do fail, pick up the pieces and learn from your failures. If there was no failure then everyone would be making money. But it just doesn’t work that way.
Thanks for some great insight to the Entrepreneurial World!
Galen
Galen Morgigno recently posted..A Successful Affiliate Marketing Business Demands Respect
Hi Galen, thanks for commenting.
Any kind of business has some part of risk in it and you never know if you are going to win or fail. But Without taking a risk there is no success in this world, and no matter what sphere we are taling about.
Hi Kate, I agree whole – heartily without risk success is impossible
I remember having a conversation with someone who asked me this question – ‘what if you fail?’ I just replied ‘I’ll keep going until I get there’.
I think for me becoming an entrepreneur has very much been a process. I remember as a kid, I was always finding creative ways to make money, but then I grew up, went to Uni and got myself a nice ‘safe’ job. I lost my way a bit but always had it in the back of my mind to start a business one day.
For me, failure is giving up on my dream to go back to working for ‘the man’. I don’t have any other options but to succeed at building my own business. So yeah, I’d say I have the entrepreneurial spirit
Mena Jo recently posted..Kick Information Overload to the Curb and Start Growing Your Business
Hi Mena Jo, I know what you mean. I remember being younger in grade school, I wish someone would have said. “Larry you need to focus on your business building skills your an entrepreneur!”
Thanks for sharing!
I believe that the entrepreneurial spirit is very much alive these days with more and more people finding other solutions to get out of their everyday routines as employees. Thanks for this great share.
Financial freedom is an aspect of life that we all desire and I think this is the primary reason why a good number of people I personally know are entrepreneurs. It takes a lot of courage, perseverance and research in order for you to establish a business and there are too many risks involved but these are all worth it knowing that you are your own boss. Thank you for discussing this.
Twitter: CollegefundingR
Entrepreneurs are those who set their goals, work for their goals, who are not afraid to fail and are always thinking out of the box. They still work even if they’ve failed countless times, and they’re persistent in achieving their big dreams.
Felicia Gopaul recently posted..022 Career100- Becoming a Chiropractor- An Interview with Dr. Thomas Lamar
Hi Felicia Gopaul,
I’m very glad to meet you again here in the blog. What I wanted to comment, found that you’ve already told that. How interesting!
Thanks.
Hey Larry, I couldn’t agree with you more. Being an entrepreneur actually involves taking a number of risks and unexpected exposures but if you trust your instincts, skills and ideas this is a better alternative to a nine to five job that doesn’t even pay well. Great insights. Thanks.