Do you have what it takes to be an entrepreneur?
Not everyone has it, you know. Sure, you may occasionally find yourself yearning for the opportunity to pick your own hours and do whatever you want to do. But when it comes right down to it, leaving the safe, warm cocoon of eight-hour days, sick leave, paid holidays and three weeks of compensated vacation time is hard to do.
And not everyone can do it.
Writing for the MSN Business Report, Joseph Anthony recently posted a listing of "Seven Signs of an Entrepreneur."
"You don't have to fit all seven of these categories to be a good candidate for entrepreneurship," Anthony wrote. "But in general, the more you have in common with these characteristics, the closer you probably are to being ready to try going out on your own."
I'm not sure I agree with all seven of Anthony's entrepreneurial characteristics, but they are at least worth considering. They are as follows: You come from a line of people who couldn't work for someone else. According to Anthony, "people who are successful at establishing their own business tend to have had parents who worked for themselves." I think I might word this one slightly differently. While I have seen many successful entrepreneurs who, like me, came from working-class parents, successful entrepreneurs tend to have children who are interested in entrepreneurship.
You're a lousy employee. "Think of it as the marketplace telling you that the only person who can effectively motivate and manage you is yourself," Anthony wrote. Once again, that wasn't exactly my experience. I was a good employee back in my salaried days, although I know other entrepreneurs who had a hard time working for someone else.
You see more than one definition of "job security." I agree with Anthony's observation that "job security can be frighteningly fleeting," especially in a rapidly changing economy. I also agree with Dilbert, who said, "It's way better to have 100 idiot clients than to have one idiot boss."
You've gone as far as you can go, or you're not going anywhere at all. Boy, I remember that feeling. And it was a huge motivation for me. I was and still am a big believer in goal-setting, and nothing is more frustrating to a goal-setter than to arrive at a place at which you feel you have no place left to go and no more goals to set.
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