20100223

THE ELIGIBLE BUSINESSMAN



ASK YOURSELF IF YOU HAVE IT IN YOU, TO BE THE SUCCESSFUL ENTREPRENEUR



1. Are you resilient? All entrepreneurs need to be able to ride the roller coaster of good and bad times on a daily basis.

2. Can you ask for help? You don't know everything. You need to be able to listen and evaluate the advice of the people around you.

3. Can you get people to follow you? Loners need not apply, since entrepreneurship is not a solo sport. In order to build a business, you need to lead and delegate.

4. Do you like to network and meet people? Business is ultimately about people. You grow your business through the people you build a trusted relationship with.

5. Do you like to sell? If you don't have customers, you don't have a business. For a while, you will be the chief sales officer.

6. Do you do well in ever-changing chaos? Every day is different. Some days are very different. Get used to it.

7. Can you live on a variable monthly compensation? You don't collect a paycheck every month like at a job. You pay your employees and vendors first. Some months, there may not be anything left for you.

8. Do you have a good personal support structure? You will need it. When you have a bad day, you will need someone to pick you up. When you have a good day, you will want to celebrate a lot with the people you love.

9. Are you flexible with your goal-setting? As an entrepreneur, you will need to set patient interim goals and change your target as you succeed and fail.

10. Can you hold a real job and work for someone else? If you can, do it. Having a job is probably an easier career, especially in the short term.

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