In this world, there are two types of people. The entrepreneurs and everyone else. So the question is- Which type of person are you? Don’t know? You might be an entrepreneur. Here are 45 signs that suggest that.
1. You take action.
Barbara Corcoran, founder of The Corcoran Group says “I hate entrepreneurs with beautiful business plans” she added, “Invest as you go”. She believed that those who have a concept and not a well-planned strategy has the entrepreneurial spirit. This is evidence that you take action by solving problems promptly as they come, thinking on your feet as it were instead of over-analyzing situations.
2. You are intelligent.
This does not mean you are ahead of the class or probably got into a top university.
There are many successful entrepreneurs who skipped university or dropped out.
Intelligence in this context means you have a knack to solve problems as well as an excellent memory. A study showed those who fell into the entrepreneur category had a higher score in cognitive ability and learning aptitude during a comparison between unincorporated self-employed people and incorporated self-employed people.
3. You like being a controller.
You have a vision and you will do anything to make sure it comes to reality. You are in good company because successful entrepreneurs like Bill Gates, Steve Jobs, and Elon Musk are described as control freaks themselves.
However, you want to keep in mind that being a successful entrepreneur also involves knowing how to explain your vision to others, and from time to time, occasionally handing over the reins to somebody else.
4. You are passionate
This is the distinction between entrepreneurs and everyone else in my opinion. Without passion, you will most likely fail. The passion is what keeps you going when the money is not coming in, you have to do some unpleasant tasks, or when you feel physically and mentally drained.
5. You are restless.
If you’re the type of person who after achieving a goal, remains unsatisfied, and is eager for the next available challenge, then you just might be an entrepreneur.
6. You are a hustler.
An entrepreneur is not one who is in need of a structure and wants to have knowledge of what comes next. As entrepreneurs, we thrive by knowing we will get back what we have put in and we are at liberty to do things our way.
7. You sold things when you were a kid.
There are some exceptions though, but it’s not a surprise to hear stories about entrepreneurs who hustled at a very young age. Here are examples;
● When Warren Buffett was six he sold gums.
● When Richard Bradson was 11 he bred and sold parakeets.
8. You hate authority and want to break all rules.
A non-profit organization encouraging entrepreneurship among those ages 18-22, conducted a study. The findings of the study show that young started their own business because they hated authority and wanted to break rules.
A statement from the findings reads “ We found that when looking at the profiles of the members there were a number of qualities we found consistent among every entrepreneurial leader we have collected data on. Most of them go contrary to the status-quo, approaching their work with a flexible attitude in relation to getting the job done.”
9. You are optimistic.
An intrinsic characteristic of entrepreneurs is being optimistic. They are not scared to step up to the plate because they failed the last time. They strongly believe that the times you go to the bat, the higher the likelihood you will hit a home run.
10. You always have ideas.
It doesn’t matter where you are, the ideas just keep flowing when you are an
entrepreneur. You may not have capitalized on them just yet, but you have notebooks or word documents full of business ideas.
11. You are a risk-taker.
Remember your childhood. Were you the adventurous one who grabbed the rope, no second-guessing, and swung into the lake? Since entrepreneurs take calculated risks on a daily basis, it makes sense they are natural risk-takers
12. You don’t take “no” for an answer.
Entrepreneurs never- I repeat never – take ‘no’ for an answer. They are tenacious. They throw in the towel just to get the impossible done.
13. You can handle isolation.
Truth be told. The entrepreneurial journey is lonely. The majority of the time you will find yourself alone- whether thinking of ideas, maybe traveling, or even coping with the fact that your business is a failure. If you can cope with the loneliness, that’s a plus.
Worrying about loneliness can increase the risk of heart disease, stroke, and cancer. Overcome this by collaborating with others, working under the guidance of a mentor, or networking with fellow entrepreneurs.
14. You are confident.
You will need your confidence to believe in your dreams and be able to back them up by action.
15. You dream of the future.
Entrepreneurs think big. They’re constantly thinking ahead to the big picture. ln fact, they have the ability to see what lies ahead of them before it comes. As Linda Corby perfectly puts it; “Think Big, think rich, think ahead, believe in yourself and always have your next ideas ready to turn into ventures for the future, be flexible with your ideas,
evaluate your ideas out of the box and do not put rose-colored glasses on them, really get into their bare bones.”
16. You’re crafty.
I think that is what being an entrepreneur is all about – being resourceful, but for business. It is not about having enough resources at your disposal, but being resourceful with what you have.
17. You love variety.
You have a need for variety, stimulus, or change in your life and just like other entrepreneurs, you are not content with being the same every day.
18. You are a masochist.
Somewhere between the loneliness, long hours, countless struggles to make ends meet, and the very likely chance of failure, entrepreneurs are considered masochistic.
19. You don’t like a 9-to-5 daily grind.
The point is, many entrepreneurs can not get behind the normal nine to five workday. They prefer the liberty to work whenever and wherever they like. Entrepreneurs want to be their own boss. But, most importantly, they want to do something that they are passionate about.
20. You’ve got a thing for cash flow.
You need cash – it doesn’t matter if you have the best company and the best receivables in the world – to fight the battle one more day.
21. You enjoy thoughtful des4
Entrepreneurs find thoughtful debates fascinating.
22. You ask lots of questions.
Studies have discovered that the most innovative entrepreneurs ask questions such as “What if”, “Why”, “Why not”, ” How” and “When”.
23. You’re an introvert.
introverts are often seen as people who are antisocial. The truth is that if you enjoy working alone, are a great listener, and are more of an “ideas’ ‘ person, then you are an introvert. And, those are traits of an excellent entrepreneur.
24. You are extremely competitive.
It is in the DNA of every successful Entrepreneur. Entrepreneurs play to win and they take losing seriously.
25. You are a natural problem solver.
Entrepreneurs naturally possess problem-solving abilities. They can solve a problem before most other people even realize the problem existed. In a way, they are similar to chess players who plot several moves ahead while developing several “what if ” scenarios.
26. You think outside the box.
You need to be a creative individual if you want to innovate. As mentioned before, this means you have seen the world differently. lt also means looking for unique opportunities to fill a void and more creative ways to change your company, market, or industry.
27. You’re curious.
Your curiosity will help you get to the root of specific issues and discover new solutions to address them.
28. You take responsibility and admit when you are wrong.
Entrepreneurs do not believe in fate or luck. When things go wrong they do not go pointing fingers. Rather, they take full responsibility for their actions. Successful entrepreneurs exhibit high self-efficacy.
29. People think you’re crazy.
Considering that entrepreneurs reason on a different wavelength, it is natural for others to think that their ambitions are way off the mark. Seriously why would anyone quit a lucrative job to start their own business?
30. You’re a hacker.
Hacking basically means building something quickly or testing the boundaries of what can be done”. Hacking can mean using technology to optimize both your life personally and professionally, just as calendar apps that automate scheduling meetings.
31. You’re constantly learning.
It doesn’t matter if it is reading a book, taking an online course, working with a business mentor/coach, or subscribing to business newsletters, entrepreneurs have an insatiable hunger for knowledge.
32. You enjoy traveling.
Traveling comes together with some amazing benefits. Among others are being able to adapt, developing better communication and collaboration skills, and improving cultural awareness. No wonder that 94% of business leaders believe that traveling leads to a competitive advantage in the workplace.
33. You are driven to help others.
Entrepreneurs are not money-driven. They have a burning desire to help others by improving their lives through the products or services they offer.
34. You do not mind getting your hands dirty.
For entrepreneurs getting in the trenches is not a big deal. They do not let others do the hard work while they just are themselves in the office.
35. You’ve got thick skin.
Family, friends, potential investors, customers, and employees will likely criticize your product or service. Entrepreneurs have thick enough skin to suck in all these feedback without taking them personally using them to improve their business.
36. You’re persuasive.
The only way you’re going to get employees, investors, and customers on-board your business is by sharing your vision with them. Your passion which will come naturally will make it easier to persuade them to join you on your quest.
37. You’re a jack-of-all-trades.
A wide percentage of small business owners believe that the strongest entrepreneur is an all-around jack-of-all-trades. Entrepreneurs wear countless hats – they are accountants, marketers, customer service reps, and sales teams all wrapped up in one.
38. You know how to collaborate and delegate.
Although entrepreneurs may try to do everything on their own, they also realize when it is time and place for collaboration and delegation. Apple may have never taken-off if Steve Jobs did not have Steve Wozniak.
39. You value your time.
Entrepreneurs are well aware that time is of the essence. It is their most valuable asset. Once gone, it can never be recovered. To this end, entrepreneurs make the most out of time and do not let others waste it.
40. You’re a planner.
You may have the ability to go with the flow and be flexible, but if you are the type of person who is the planner of the group, that’s a clear indication that you can make it as an entrepreneur. Remember, it is okay to drive aimlessly sometimes, but you will be needing your GPS to ensure that you are moving from Point A to Point B.
41. You are not afraid of failure.
If you are an entrepreneur, you would rather fail on your own terms than succeed on someone else’s. You would rather reach for your own future than have your future lie in someone else’s hands. You feel it’s better to burn out than to fade away.
Sure, you want to win. You are driven to win. But you want to manipulate the rules, create your own playing field, and win the game the way you want to play – because winning a game the way you are forced to play would still feel like losing.
42. You want to create a lasting legacy.
If you have a burning desire within to create something meaningful in your life that will benefit others you possess the entrepreneurial spirit. Because entrepreneurs are motivated by creating a lasting legacy of benefitting other people’s lives via products, services, or value.
Persuasion, leadership, and personal accountability are all skills you should possess as an entrepreneur. However, research also shows that being goal orientated is another essential skill.
The study defined goal orientation as “energetically focusing efforts on achieving a goal, mission, or objective (as closely paired with leadership)”. Many entrepreneurs concur with statements like “l am known for overcoming significant obstacles to achieve goals,” or “l am most productive when working closely with others to achieve a common goal”.
44. You tackle the small stuff.
If you get annoyed when small things build up, you are not alone. Entrepreneurs do not let small things build-up to the point where it gets beyond their control. They tackle the small things first in order to reach the big goal.
45. You are the black sheep.
Entrepreneurs most of the time feel that they do not really fit in. They are outsiders who see the world differently from others. Hence they create their own path instead of following the status quo.