Have you always wanted to ditch being an employee and go on your own?
Have you always believed that greater things are bound to happen but not inside the four walls of your office?
Quitting work to be an entrepreneur should not be a spur of the moment. It takes careful planning. And it should start with the right mindset.
Do you have what it takes to be an entrepreneur?
Ask yourself the following questions and let’s find out if have what it takes to be an entrepreneur.
Are you a risk taker?
Are you ready to invest your hard earned money or perhaps apply for a bank loan to finally start your business? It’s like a gamble. Nothing is sure yet but still, you are willing to take on the challenge.
Are you capable of making big and bold decisions? You make things happen and you are responsible for all your actions. You are not afraid of the possible consequences and is likely more excited for the opportunity that awaits.
Fear is just normal but doesn’t let it eat you but rather use it as a fuel to reach your goals.
Risks can always be minimized and you can always start small. While risks may differ for every business, what important is, you take chances.
Can you get out of your comfort zone?
This is the reason why most people get stuck with the employee mindset. They get contented receiving monthly paychecks and securing 401k. They live day by day and could not afford to lose their jobs.
Employees ask “what if I fail?” when entrepreneurs would ask “what if I succeed?”
Entrepreneurs are fine being uncomfortable. They know that business can get tough and they look for ways to get out of the situation for the better.
For employees, eight (8) hours of work is enough. Entrepreneurs do not mind working longer hours or even for straight days.
Are you competitive?
Entrepreneurs are competitive in nature. They only eye for the first prize. They don’t want to lose and believe that they can do better than anyone else. Because of this mindset, they tend to work more, innovate more and do more, thus they achieve more.
Competitive people have these incomparable amounts of drive to make a true difference. They don’t settle for less and always strive to be on top.
Being competitive is not negative at all. We owe our technology and literally all aspect of our lives to competitive people.
Are you creative?
You never ran out of ideas.
You want to quit your job because you feel stagnant and you feel that the creative juices in you are wasted.
You are innovative and you think out of the box. You make something different out of the ordinary. You are not ashamed to introduce your design and you don’t need approval from anyone.
You are not just inventive but also resourceful in finding ways to overcome difficult situations.
Are you afraid of failure?
You’re lucky when you’re able to hit the jackpot on your first shot! But do you know that many established businesses out there have their own shares of failures? Not just once, twice or thrice but even more!
Entrepreneurs believe that failures are part of the process and it is through them that they learn.
Recognize it, make it a stepping stone and try and try again.
Are you a good leader?
Do you have the ability to make right and timely decisions? Can you stand by it and make yourself accountable?
Do you know how to handle people? Can you inspire and motivate them to dream more, learn more and do more?
Do you know how to delegate tasks to your subordinates? You cannot do everything by yourself, chances are you will lose focus on things that matter if you micromanage.
Do you love to learn?
For entrepreneurs, learning should never stop. You should learn everything from marketing, accounting, and business operations.
You are your biggest investment so take time to study, get certifications, look for a mentor and hang out with business minded people to whom you can learn something new.
Do you dream big?
Entrepreneurs dream big. They make things happen and won’t give up until that dream becomes a reality. With hard work and determination, nothing is impossible.
So do you have the guts to leap from being an employee to an entrepreneur? Are you a CEO in the making? If yes, what are you waiting for? Start now!
Track All Your Accounts With Personal CapitalPersonal Capital lets you see all of your accounts in one convenient place. Sign up now for free.
More from my site
Latest posts by Joy (see all)
- More Money Myths that may Hinder Financial Success - March 11, 2019
- 8 Tips to Improve Your Decision Making Skills - February 11, 2019
- Want to be a Good Leader? Here’s How - January 21, 2019