• Skip to secondary menu
  • Skip to main content
  • Skip to primary sidebar

https://MarciaMing.com

Market your business online from your kitchen table, spare bedroom or a laptop

  • Home
  • About Me

mindset

Do You Have an Entrepreneurial Mindset?

November 16, 2017 by Marcia Ming Leave a Comment

If you are thinking of starting a business, you may be wondering if you have what it takes to succeed. It’s smart to give that some real thought given all that you read about small business failures.

A mind for businessThere are several ways to tell if you have this entrepreneurial mindset. Moreover, there are just as many ways to clear the road to becoming an entrepreneur.

Do You Have the Entrepreneurial Mindset?

Consider these personality traits:

* Leadership qualities
* Creative thinking
* A feeling that there is something more than what you are doing in your current job
* Innovative ideas

If you show any or all of these qualities, you could very well be on your way to owning your own business because you do have that entrepreneurial spirit.

How to Clear the Road toward Entrepreneurial Success

Going from the 9:00 to 5:00 grind to the entrepreneurial spirit may not be the easiest path, but it is something you can achieve. However, there are several steps you need to take before forging head first into business ownership.

* Get clear – Getting clear on what it is you want to achieve is an integral first step. It is not as simple as coming up with an idea and writing it down. You have to write down your goals, but even more importantly, you have to break them down. Being specific is not an option; it is mandatory. You need to have clear, specific goals when it comes to starting a new business.

* Create a plan – Once you are clear on what your goal for your new business is, you have to create a plan for success. Write down what your goal is, how you will achieve that goal in smaller steps and then break that list down even further.

* Take action – Next, it is time to take action steps. Action steps need more than just thinking about taking them. Declare aloud and to everyone you can what your action steps are; in this way, you are accountable to your word.

* Delegate – If you are starting a new business of your own, do not be afraid to delegate tasks, even if you do not have a business partner or associates yet. One day delegating will be a task you will have to learn anyhow.

Allow family members and friends to help take the load off somewhere else while you learn all you need to know about your new business endeavor.

* Letting go – Sometimes in order to create something new, we need to let go of something old. In order to clear the path to creating a new business, something else will have to fall by the wayside. Your home may need to be a little cluttered or less clean. You may have to let go of a favorite sport or activity for a while, but it is well worth it in the end.

One last bit of advice:  Keep your day job until your business finds it footing. It can take anywhere from months to several years for a new business to become profitable. Having money set aside to cover your personal financial needs or a reliable source of income will give you the time you need to develop that entrepreneurial mindset.

Filed Under: Starting a business Tagged With: entrepreneurial mindset, mindset, starting a business

Primary Sidebar

Run a Digital Business from your laptop

Digital Business

Copyright © 2023 · Lifestyle Pro on Genesis Framework · WordPress · Log in

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT