Tuesday, April 14, 2009
There is no doubt that many people would like to know exactly how to become a successful online entrepreneur. For a start let us take a look at the dictionary definition of entrepreneur. I think we need to be clear about what exactly an entrepreneur is before going any further.
Cambridge dictionaries online define an entrepreneur as someone who starts their own business, especially when this involves risks. So there is no confusion here. It is very clear. If you start your own business you are an entrepreneur but it does seem to have to also include an element of risk. You could argue that any new business involves risk and that is certainly true, but successful entrepreneurs are willing to take much greater risks than your average new business starter
How exactly do you become a successful entrepreneur?
Well that has to be the million dollar question. If there were a prescribed and reliable formula, we would all be multi millionaires. There would be no risk and so paradoxically, perhaps no more entrepreneurs!
There are certain characteristics that successful entrepreneurs seem to possess, such as total dedication. So what drives an entrepreneur and what makes them different to most other people? What is their vision compared to mere mortals?
For certain there are a number of qualities they all share and without them, they would probably not be entrepreneurs
You could say that any person willing to work hard at their own business is an entrepreneur but it has to be more than that. Many people try unsuccessfully to make it on their own, and many, in fact most fail, often just giving up because their efforts do not produce the hoped for results quickly enough.
The true entrepreneur is remorseless in the pursuit of their goal. It is as much about achievement as it is about money but the money, as you might guess, is the real proof of success. Entrepreneurialism has making money at its heart but the means to achieving this is almost incidental.
You could sum up the major qualities of a successful entrepreneur as follows
A successful entrepreneur thinks outside the box and is never satisfied with mediocrity in any part of their life. A successful entrepreneur is not necessarily obsessive, but is extremely highly motivated and committed to achieving their goal
The journey will be determined by its likelihood of success, not because it is enjoyable or laudable (although it might be either or both). Ultimately the enjoyment is in the success. All successful entrepreneurs leverage the efforts of others. This is a good and beneficial thing as long as it does not involve exploitation
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No obstacle (short of death maybe) is too difficult to overcome. Where there is a will, there is a way. It is all in the mindset! There is no giving up even when the way is fraught with setbacks. Expect them!!
The successful entrepreneur will do whatever it takes to reach the goal even if it means starting again. The successful entrepreneur must be able to handle both risk and stress. If not, burn out is extremely likely.
So where does that leave you?
It seems clear that the entrepreneur is a special breed
Is it your intention to become one or are you already an entrepreneur?
Do you think you have at least some of the above qualities? You will probably need them all unless you just happen to get lucky in some way. Are you or have you already been successful? This will help
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The new Entrepreneur
I believe a new breed of entrepreneur is emerging. They have all the necessary qualities of determination but are of a different mindset and they want success quickly. Most of their business is conducted online often utilising powerful software and the opportunities provided by Web 2.0 (at least at the time of writing)
But it is not just about making money for many of them. Many are also dedicated to helping others and often set up and fund special projects to achieve this. This is not a show of wealth but a genuine act of benevolence
With this in mind, perhaps there is a further quality we should be adding to our list of what it takes to become a successful entrepreneur
Sharing success with others, and especially with those whose lives are deprived or impoverished in comparison to our own. The new successful entrepreneur is most likely an online operator because it is more than possible to have a great deal of success, even just working from home.
The risks are much smaller working online and it is a relatively inexpensive start-up compared to most traditional businesses. The secret of how to become a successful online entrepreneur is quite simple. You need a proven system that can easily and quickly be tapped into where all the hard work has already been done for you. You just buy into the ride.
There are many offers available but the best solution has to be a top tier, high ticket, business in a box, with a minimum commission of around $1000 (one thousand dollars).
I would not involve myself in any other kind of business. Why bother when it takes no more effort to make a thousand dollars than it does to make a hundred