Posted on Thursday, 25th October 2007 by Erik

Do you have the itch of being a bonafide entrepreneur? Do you salivate over the idea of owning your own business? Well, what is stopping you from making that a reality? Okay, I could ask five more questions, but that would start getting annoying. I have this crazy idea that you can approach every major area of life with the mindset of an entrepreneur and NEVER actually be an entrepreneur. I believe that there is an entrepreneurial spirit inside all of us that is seldom tapped due to fear, lack of creativity, and the lack of motivation to strive for excellence in our lives. Here’s the questions:

Do you think that you can apply the idea of entrepreneurship to everything in your life?

I am beginning to think that you can. I think you can apply the principles of entrepreneurship and the characteristics of an entrepreneur to areas of our lives such as personal finance, career path, relationships, and personal development.

Wikipedia lists these characteristics for an entrepreneur:

  • The entrepreneur has an enthusiastic vision, the driving force of an enterprise.
  • The entrepreneur’s vision is usually supported by an interlocked collection of specific ideas not available to the marketplace.
  • The overall blueprint to realize the vision is clear, however details may be incomplete, flexible, and evolving.
  • The entrepreneur promotes the vision with enthusiastic passion.
  • With persistence and determination, the entrepreneur develops strategies to change the vision into reality.
  • The entrepreneur takes the initial responsibility to cause a vision to become a success.
  • Entrepreneurs take prudent risks. They assess costs, market/customer needs and persuade others to join and help.
  • An entrepreneur is usually a positive thinker and a decision maker.

Read those characteristics and tell me if you think that entrepreneurship is only for some people. You may never start your own business, but you can manage your life like an entrepreneur. Have a vision for your money, your career, your relationships, and yourself. Take that vision and implement it with passion and a strong pursuit to succeed. The end result will be pursuing excellence or turning a profit in terms of starting a business. The characteristics of an entrepreneur such as determination, passionate, visionary, strategic, opportunistic, decision maker, and leader are all characteristics that we can strive for without starting the next Google or Microsoft.

I think that I get too carried away with trying to think of the next big idea that is going to hit it big in the marketplace. When in reality, the product can be me. Why focus so much on inventing something new or coming up with a great new service, when I can start developing myself as an expert in something — becoming someone that people trust in a certain subject. Have you ever thought of it that way? What skill do you possess that if you became so good at it, you could start a business doing it? Are you an artist? A musician? A whiz with math or science? Check out the article that I wrote on Jon Waraas’ blog called Finding the Entrepreneur Inside of You.

Tell me what you think about this idea that you never have to start a business to act or think like an entrepreneur? But more than that, if you start thinking like one, you may end up being one just by being who you are.

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