четверг, 26 мая 2016 г.

5 signs you have what it takes to be an entrepreneur

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5 signs you have what it takes to be an entrepreneur

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You have an epic idea. Now what?

The real challenge for any entrepreneur isn't getting started. It's staying in business.

Yes, you can be successful as an entrepreneur but it won't be easy. It has never been easy to start and run a successful company.

Startups are always hard. But if you don't pursue your dreams, you'll never know if it stand the chance to be successful. Dreams are all we have. Take them seriously.

The bitter truth is that most entrepreneurs fail to get their businesses off the ground. Every insanely successful startup story has a flip side. If you ask any great entrepreneur about what it takes make it, he or she will most likely mention one of these signs.

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1. You can execute on your ideas

"Y Combinator doesn't invest in ideas, it invests in people" — Paul Graham

Execution is everything for startups. You may have the best idea and even have funding for it, but if you can't execute, you have no business. Having a great idea is not enough. You can have the most brilliant idea, but if it's executed poorly, you will be out of business soon. You will ultimately end in the dead pool.

You don't need an original idea to be successful. Dating is nothing new but Tinder changed how to help people find better dates online. Google has executed search brilliantly but it wasn't the first search engine.

There are hundreds of people who may have had a similar idea as the one you are currently thinking about, but failed to execute. If you have what it takes to get an idea from nothing to a stable business, you will go far on your entrepreneurship journey. Ideas are cheap, it's execution that matters.



2. You genuinely care about what you do or want to do

If you don't care enough about a product or service you want to provide, don't even start it. Startups are not sprints. They are marathons. You won't be able to build a business that can last if it doesn't mean more than money to you.

Every entrepreneur needs that intense, driving or overmastering feeling of conviction about his or her idea to push it past the idea phase. Running a startup takes a lot of perseverance. And It can wear you down. It's full of stress and set backs. And most startups fail. You've got to love it to get past every obstacle.

If you are not passionate about your career choice, you might as well give up right now, as your startup will never take off like it should. Solving a problem you deeply care about is an amazing way to start a company.

Related: Do You Have What It Takes to Be an Entrepreneur?



3. You are able get over failures in life and business

“If you're not prepared to be wrong, you'll never come up with anything original.” — Ken Robinson

Successful entrepreneurs know how to get over their failures. Failure is not sign of permanent trouble, but merely as a sidestep on the path to success. Great entrepreneurs know that. And they have the strength to move beyond temporary challenges.

Read about Richard Branson. You will be surprised by the number of businesses he founded in the past. You probably know about his most popular companies. But it goes beyond that.

Check out this timeline of his businesses now and in the past. Not all of them are still up and running though. But it gives you a fair idea about his perseverance and what it took him to make it that big as we know today.



See the rest of the story at Business Insider
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