5 Attributes of a Visionary Entrepreneur
Just saying the word ‘entrepreneur’ should make your heart beat just a little bit faster. An entrepreneur is a business-minded visionary on the cutting-edge of creating a new enterprise. An entrepreneur is someone who can take an idea and add their passion, energy, enthusiasm and know-how to transform what was once a synaptic impulse into a living, growing entity. More than just building a better mousetrap, the entrepreneur uses his ideas and energy to transform the entire mousetrap into industry with his fresh blend of products and services.
Some of the attributes of a true entrepreneur include:
1. Good Instincts
An entrepreneur has good instincts. When they get an idea, they know how to find out if it’s worth pursuing. They know that success likes speed. Therefore, they don’t sit on their ideas, but they take action right away to see if their idea is viable, or if they should move on to something else.
2. Teachable
The ability to be teachable–to be willing to learn from those who have gone before–to seek wiser counsel these are the hallmarks of a smart entrepreneur. They know that it makes sense to bounce their ideas off of a trusted advisor who will help to moderate their tendency to be impetuous and passionate.
3. Self-confidence
An entrepreneur has enough confidence in herself to ignore the ‘haters’ who will try to talk her out of her idea before it as even becomes a reality. An entrepreneur has the confidence to stick with his ideas even when no one around him has an encouraging word.
4. Discipline and commitment
A strong sense of discipline allows entrepreneurs to remain focused on achieving their goals when the going gets tough. A sense of commitment to nurturing their idea and continuing to take action is what sets entrepreneurs apart from the rest.
5. Determination
How many times can a person hear the word, “No,” yet they still persevere with hard work, creating products, delivering services and planning new ventures.
In this time of great upheaval in the global economy, entrepreneurs are seizing the day and creating their own opportunities. When the concept of “job security” has become such an oxymoron, those who have the entrepreneurial spirit know that they can build their own company and find a way to flourish despite the news of doom and gloom in the traditional job market.
While entrepreneurs can often be largely misunderstood by those well-meaning people in their life, they can always find solace, support and encouragement in a group of like-minded people. If you’re a would-be entrepreneur and you’d like to meet with other entrepreneurs and get inspired, network or share resources you can check out websites such as meetup.com where you can look up your location and find in-person groups that meet at local cafes to discuss their shared interests.
If you are working on developing a business plan, be sure to visit sba.gov, if you live in the United States, to access the free business planning resources there.
Finally, know that you are in great company. The small businesses formed by entrepreneurs are the backbone of the U.S. economy. Keep on coming up with your ideas and hatching your plans. The world is waiting for your new ideas.
