The SIGNS OF AN ENTREPRENEUR! How do you know if you have what it takes to start a business? There’s really no way to know for sure. But I do find things in common among the emotional and family fabric of people ready to consider an entrepreneurial venture.

DO YOU HAVE the proper PERSONALITY TYPE TO SUCCESSFULLY RUN YOUR OWN BUSINESS?
It takes an entrepreneurial fire in your belly to start out a business and make it succeed. Not everyone has it.

How does one know if you’ve got what it takes to start out a business? There’s really no thanks to know needless to say . But I do find things in common among the emotional and family fabric of individuals able to consider an entrepreneurial venture.

You don’t need to fit all seven of those categories to be an honest candidate for entrepreneurship. But it probably wouldn’t hurt. generally, the more you’ve got in common with these characteristics, the closer you almost certainly are to being able to try going out on your own.

1. You come from a line of individuals who couldn’t work for somebody else.

I do not mean that during a negative way. people that are successful at establishing their own business tend to possess had parents who worked for themselves. it’s always easier to urge employment with a corporation than to start out your own business; people that strike out on their own often have the direct example of a parent to seem to.

2.You’re a lousy employee.

No got to sugar-coat this one. people that start their own businesses tend to possess been fired from or quit quite one job. I’m not saying you were laid off for lack of labour or moved from one job to a better-paying one. You were asked to go away, otherwise, you quit before they might fire you. consider it because the marketplace telling you that the sole one that can effectively motivate and manage you is yourself.

3. You see quite one definition of “job security.”

I’m truly envious of the few people I do know who have stayed with one employer for 25 or 30 years. they appear very secure. But what percentage of people does one know who is ready to stick with one company for that long? during a rapidly changing economy, job security is often frighteningly fleeting.

4. You’ve gone as far as you’ll go, or you are not going anywhere in the least.

Sometimes the motivation to start out a replacement venture comes from having reached the highest of the pile where you’re, looking around, and saying, “What’s next?” Early success is often wonderful, but early retirement can sometimes drive energetic and motivated people totally crazy.

5. You’ve done the marketing research already.

Don’t even ask me about your great business idea if you haven’t put the time into deciding if there is a marketplace for your product or service. because the people behind any number of failed Internet ventures will tell you, “cool” doesn’t necessarily translate into “profitable.” Don’t bother building it if you haven’t found out whether there is a good chance the purchasers will come.

6. You have the support of your family.

Starting a business is stressful under the simplest of circumstances. Trying to try to to it without the support of your spouse or other significant relations or friends would probably be unbearable.

7. You recognize you can’t roll in the hay alone.

you would possibly shine at promoting a business. Maybe you’re keen on running the financial end of the enterprise. you’ll be someone who starts a business because you’ve got unique creative or technical know-how to make a product.

Any of the above is feasible, but it’s unlikely that you simply are getting to shine at all of those tasks — or in the least of the tasks involved in running any business. Forget all that doing it alone stuff. you’re getting to need some help sometime.

The willingness to urge that help — having employees, partners or consultants for those areas during which you’re not an expert — is one indicator of likely future success. “No successful entrepreneur has ever succeeded alone,” development consultant Ernesto Sirolli writes in “Ripples From the Zambezi.” “The one that is most capable of enlisting the support of others is that the presumably to succeed.”