Navigation: | Home | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 |
Entrepreneurialism Information Click here for eBay Motors! Get 2 weeks FREE CA Anti-Virus 2007 Accept Credit Cards Get your FREE $250 Cash Card PhotoStamps

Compensating for Your Entrepreneurial Style-or Lack of Style


I recently took an entrepreneurial quiz which evaluated my answers and informed me I would do best as a hired hand! So why am I a successful home business owner? Because I've learned to fill the holes in my entrepreneurial style, and compensate for my deficiencies.

Let's start with a list of qualities that might benefit someone working for him/herself:

1. Ability to see the big picture and plan accordingly;.

2. Self-discipline;

3. Ability to use time wisely;

4. At minimum, a moderate drive to achieve;

5. Adaptability;

6. Autonomy;

7. Decisiveness;

8. A feeling of control over your own destiny;

9. Having (energy) drive and enterprise;

10. Motivation to grow;

11. Sense of intuition;

12. Ability to spot opportunities;

13. Perseverance;

14. Problem-solving abilities;

15. Risk-tolerance;

16. Self-confidence;

17. Social skills.

As an example, let's look at John Doe. John has an excellent nose for a good opportunity; he drives his wife crazy with always turning everything into a new business idea. He's not afraid to make a decision and take the risk. He has a huge drive to achieve; he wants to be rich! John is confident that he can accomplish everything he sets out to do.

Then the reality of the rest of John sets in. He's not real good in the follow-through; as a matter of fact, he starts one business only to come up with another, and yet another, idea over and over. He writes up proposal after proposal, and always stumbles over the concrete details, such as turning goals and visions into action plans, and projecting budgets. He starts and stops, never stopping long enough to evaluate and plan ahead for the success of the next venture.

John could benefit from postponing his next decision until he hones his problem-solving skills a bit. He needs to understand where he's gone wrong and plan for success the next time. John also could put his vision for his work and his life down on paper, and learn to use this vision to help choose opportunities that are in sync with his financial and career goals.

John is confusing working hard with getting ahead. He needs to continually evaluate the tasks he is engaged in to determine if he is, indeed, using his time wisely.

And lastly, John would learn a lot from finding a business opportunity that would combine teamwork, successful strategies and skill building to encourage him to apply his abundant perseverance to ONE business until he succeeds.

John can look at this list and see how one strength could compensate for another weakness. If he wasn't very decisive, he could be spared many a bad quick decision, and strong problem solving skills could bring an eventual understanding of the right path for HIM. What he lacked in self-confidence could be made up for with social skills that enabled him to work well with a mentor or a knowledgeable team. Lack of enterprise or drive could mean he isn't cut out for over-the-counter or door-to-door retail sales. But he might shine in the backroom day-in-day-out details of getting a job done, or in website-based business.

Oh yeah...and John could also listen to his wife, and just give it all a rest at least one day a week...

About the author:
Glenn Beach is a poet, writer and home business entrepreneur in Nova Scotia, Canada. Free newsletter, more articles, and business start-up info at: http://www.work-at-home-business-opportunity-canada.com


MORE RESOURCES:
April 1, 2006 -- STRESSED OUT and the owner of a newly diagnosed ulcer, Stephanie Chandler realized that her high-pressure job as a software salesperson wasn't...

April 1, 2006 -- [ONLINE EXCLUSIVES]

[ONLINE EXCLUSIVES]

ON THE ROAD AGAIN Our 13th annual Business Travel Awards are here (see "What a...


April 1, 2006 -- ALMOST EVERY ONE OF US has likely heard the ancient proverb, "Two heads are better than one." And though many entrepreneurs like to...

April 1, 2006 -- In regard to Jill Amadio's article "Talk Isn't Cheap" ("Wheels," March), I would be curious to see the findings of studies...

April 1, 2006 -- Oops!? Please tell me Sean [Glass] and Todd [Woloson] ("Flip the Switch," February) filed patents for their exciting, new and very...

April 1, 2006 -- Having led sponsored research at several of the top design and engineering schools in the country, I agree with half of what you are saying [about...

April 1, 2006 -- WHILE ONE goal of a bipartisan panel tasked with overhauling the U.S. tax code was simplification for small businesses, the panel's proposals could...

April 1, 2006 -- AS POKER mania sweeps across the country, mutterings of Two Fat Ladies and Big Slick buzz around felt-topped kitchen tables. But as friends and...

April 1, 2006 -- ITCHING to know what's new in the frequent-flier world? We asked Randy Petersen and Tim Winship, renowned frequent-travel-program gurus and authors...

April 1, 2006 -- HALFWAY through his travels around the country, author Stephen Shapiro had a revelation while researching for a sequel to his book 24/7 Innovation....

home | site map |