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Five Signs You Shouldn't Be An Entrepreneur - Business - Nairaland

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Five Signs You Shouldn't Be An Entrepreneur by Okimski(m): 6:59am On Nov 25, 2015
Can you say yes to any of these?
Don't start a business.
These days it seems like everyone wants to be an
entrepreneur. For instance, according to a Fox Business
News report a couple years ago, nearly half of Americans
wanted to own their own business.
If so many people want to own a business, why is it that
so few do?
The answer is simple. It's hard. I firmly believe that
anyone can be an entrepreneur, but most people won't
put in the time, energy, and commitment it takes to be
successful at the ownership level.
And that's OK. Not everyone needs to be a business
owner. But if you're wondering whether the
entrepreneurship game is for you, consider the following
five statements. If you say yes to any of these, you might
want to reconsider.
If, however, you read these five statements and don't feel
that they represent you, then maybe it's time to take the
leap.
1. You don't have thick skin. It seems that as soon as
you announce you are starting a business everyone is
an expert in starting a business. Not everyone will
love your idea or product, and they won't be afraid to
tell you. I'm not saying you shouldn't listen to
criticism, but you have to be able to take the punches
and not take everything personally.
2. You don't like being "connected." As an entrepreneur,
there really isn't such a thing as "disconnecting" from
the world, not in the beginning anyway. You'll be
living and breathing your new company while trying to
educate everyone about your business. You'll be
constantly thinking about how to improve things,
reduce costs, and sell more. There is no such thing
as a 9-to-5 work schedule when you're an
entrepreneur.
3. You need to be praised for your efforts. If you're an
employee, you're probably used to getting constant
feedback about your performance, task and project
completion. A lot of employees are even used to their
bosses telling them how great they are - even if they
know they aren't. This is not the case for an
entrepreneur. You won't hear any of that unless you
tell yourself. Your praise comes in the form of making
money. And it's going to be a while before you really
get the praise you're looking for.
4. You need someone to give you motivation. Similar to
needing praise, if you need external motivation, you
shouldn't be an entrepreneur either. When you wake
up in the morning as an entrepreneur, there isn't
someone standing in your kitchen ready to give you
that day's tasks. It's all on you.
5. You're only comfortable wearing one hat. There are
people I know that are only comfortable being an
accountant, or a writer, or an event planner, These
people are only comfortable doing one thing and, as
such, should never be an entrepreneur. As an
entrepreneur, especially a solopreneur, you are often
putting on different hats, making a multitude of
decisions and you need to be confident in doing so.
Here's the good news. Even if you said yes to one or
more of these, you can make a change. I'm a firm
believer that anyone can change his or her mindset. All
you need is the determination and a little help along the
way.
But if you want to be an entrepreneur, change you must.
No better time to start than today.

http://www.richdad.com/Resources/Rich-Dad-Financial-Education-Blog/November-2015/Five-Signs-You-Shouldn-t-be-an-Entrepreneur.aspx

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Re: Five Signs You Shouldn't Be An Entrepreneur by eightsin(m): 7:04am On Nov 25, 2015
Never give up

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