Wednesday, August 09, 2006

Have you got what it takes to be an entrepreneur?

I mentioned a few weeks back that I'm writing a book on entrepreneurship.

By coincidence, I just got asked to contribute to a piece by top journalist Helen Beckett at the ManSized website on the topic: 'Have I got what it takes to be an entrepreneur?'

I argue that:

As well as having the right mindset, you need certain qualities to see it through and turn an idea into a successful venture.

Number one is drive. Entrepreneurs work for reasons other than money. Bill Gates has billions stashed in the bank, but he doesn’t rest on his laurels because he has an innate need to succeed.

You also need emotional resilience. You have to be able to take the knocks. Only a certain kind of person can keep getting up and keep knocking on doors.

Are you a non conformist? Entrepreneurs do not follow the usual avenues through life. A scorn for the bandwagon will probably show from a young age.

Passion's all important. Passion for an idea will give the venture life and you the energy to see it though.

You can read the rest of the piece including what other experts have to say on the matter here.