Are entrepreneurs born or made? That was the question posed in a great article we saw in The Tennessean not long ago. The author concludes that entrepreneurs are born from experiences.
We agree. Entrepreneurs are not born. They are created from life experiences.
Here in the U.S., we’re fortunate that our culture fosters entrepreneurship – probably more today than in generations past. It used to be that entrepreneurs were considered renegades. They were the people nobody would hire so they didn’t have a choice.
Now entrepreneurship is a lifestyle option that even the most qualified people make. So what motivates people to strike out on their own?
Franchisors often see a spike in demand in an area where layoffs are happening. Sometimes we don’t come to entrepreneurship; it comes to us.
It may be career frustration. Many people start their own business because they’re bored with their current occupation. Perhaps they feel like they’ve topped out. They’ve gone as far as they can in their current career so they decide to start something of their own.
Art Williams, the football coach who became a billionaire by building his own insurance business, said he was just “sick and tired of being sick and tired.”
W. Clement Stone, who built an insurance dynasty in the depths of The Great Depression, cites inspirational dissatisfaction as the source for many great achievements.
How do you know you’re ready to start?
Entrepreneuring is a process. Like any process, there has to be a starting point.
The desire to be my own boss just consumed me. I had this feeling in my gut that I just couldn’t get rid of. I couldn’t stand not owning my own business. This desire just ate me up and spit me out every single day that I wasn’t in business for myself.
For me, it didn’t seem that the opportunities I needed in my corporate career were there any longer. I just couldn’t get where I wanted to be if I didn’t strike out on my own. It was a very, very difficult decision. It was incredibly emotional. But looking at my industry now, I’m glad I jumped into entrepreneurship when I did. r?
The battle between two fears
We think it comes down to fear. The general population has an overwhelming fear of failure.
Entrepreneurs have a fear of not trying. They just have to know what would happen if they just tested their bigg idea.
You’re ready to be an entrepreneur when your fear of not trying overcomes your fear of failure.
You reach a point where inaction or delay is just not acceptable any longer. You have to go for it. You have to take your shot at bigg success!
How did you know you were ready to strike out on your own?
Share that with us by leaving a comment below, e-mailing us at firstname.lastname@example.org or calling us at 877.988.BIGG(2444).
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Please join us next time when we’ll discuss the trap that keeps people from striking out on their own. Until then, here’s to your bigg success!
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(Image in today's post by tanyah)