An entrepreneur’s mind

Posted on January 29, 2019 by ah! Ventures

What words can describe the stereotypical entrepreneur? Passionate? Will power? Persistent? Dedicated? Optimistic? Risk taker? Sure do these words sound good for an entrepreneur but what one really has is “fear”. And it is the most important trait because the people who are scared to death about failing while building their empire will make sure that every brick is placed in the right place. They become hyper-focused and hence are willing to do whatever it takes to succeed. The emotion of insecurity is what helps an entrepreneur drive him or her towards his or her business goal.

It is completely okay to not have the right resources or the accurate amount of resources needed to launch your product or service in the market. This fear will somehow help you to find a way and figure how to work everything out. Ultimately, this is what an entrepreneur is actually about. It is not about having enough resources but being resourceful enough with what to have to make everything happen. Moreover, the places where most people would avoid taking the risk is where successful entrepreneurs see the potential. If you believe that something will pay off well in the future, invest in it today! Be optimistic about it and do not let go of a good opportunity. Also, when you are confronted by problems, while most people will try their best to pass the buck, you must rise to the occasion. Challenges are what will motivate you to work harder and strengthen your determination even more.

If you fail, resist the urge to feel sorry for yourself or mope because the next big thing will come immediately and you have to be prepared for it. It is a popular notion that successful entrepreneurs are those who fail fast and fail often. You will not always be accepted and will be often rejected for being different in some way or the other. It is not a bad thing. This is what will motivate you to work harder. Surround yourself with people who are smarter than you and listen to those ideas that are not yours. Smart entrepreneurs keep constantly evolving and tweaking their business concepts according to the market feedback. So, if you fall down, pick yourself up until you get it right. There will be endless potential challenges wherein the single biggest challenge that the marketplace has is liquidity. Because without liquidity, there is no marketplace.

This entry was posted in and tagged in