Monday, August 31, 2009

Thinking as an Entrepreneur

here are some characteristics of entrepreneurial thinking that are important to succeeding as an entrepreneur:
_ Entrepreneurs are comfortable with ambiguity and uncertainty.
They know that the best ideas come out of uncertainty. And they know
that there will always be unanswered questions, so they attempt to find
answers for as many critical questions as possible while moving forward,
answering the rest as they go.
_ Entrepreneurs have self discipline and tenacity. In other words, they
know how to focus on a task and stick to it through completion. That’s
why they succeed more than they fail. And speaking of failure . . .
_ Entrepreneurs aren’t afraid to fail. They understand that if you never
fail at anything, you haven’t taken any risks. And taking risks is how you
learn and grow a business.
_ Entrepreneurs believe that they alone control their destiny. They
know that if they screw up, they should look nowhere else but the mirror.
But with this attitude, they also have the freedom to decide their future,
regardless of what the government or a competitor does.
_ Entrepreneurs focus on opportunity and innovation. They strive to
identify all the great opportunities out there — not only for products
and services, but also for new ways of doing business, new marketing
strategies, and new distribution models. The more they network and
take calculated risks, the more opportunity will come to them. This is
nature’s law, and entrepreneurs practice it daily.
No two entrepreneurs are exactly alike, but, in general, these characteristics
can be found in people who launch new companies.

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