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Monday, March 5, 2012

Do you have what it takes?

You have the idea; you have the product; you even have the finances to get the ball rolling and start your own business, but do you have what it takes to become a successful entrepreneur, and if you do is that really the direction you want to go in?

I met with a good friend last week who has an amazing idea to solve a tough problem in today’s economy, she knows exactly were her target market is and she has the skills to develop the product. She even has the financial funding to make this product a huge success. But after a few hours of discussing the finer points of getting her business off the ground it occurred to me she still had some reservations about taking the next step in her future of becoming an entrepreneur. I bet you are wondering what could possibly be in the way? She seems to have all the right stuff needed to be free of the boundaries of a nine-to-five job and the product and resources to get moving on her dream.

Then it occurred to me I wasn’t really asking the right questions. I had not been paying attention to some of her answers when I brought up her current profession and the direction she might want to go in. The fact of the matter is she likes her job. She likes her position in the company where she works and she enjoys making her boss happy and getting the accolades that go along with doing a job well done. She even likes the structure of her environment at work and the details that she knows she needs to follow to be successful.

So I have to ask these questions of anyone thinking of becoming a business owner or an entrepreneur.



·         Do you know if you are cut out to work as your own boss in your own business?

·         Do you know if you are capable of the self-motivation needed to be your own boss?

·         Do you like to get accolades from your boss in appreciation of your hard work?

·         Do you get pleasure from your own accomplishments that no one ever sees?

·         Do you have the time to continue on with your current job as well as the development of your product?



These are important issues to consider if you are thinking of entrepreneurialism. Even the greatest ideas may never see the light of day if you do not work well within the confines of your own achievements. You have to consider these questions and realize that you may not be prepared to strike out on your own. The soul of an entrepreneur gets little accolades and most days are filled with long hours doing most of the work on your own. So remember to think long and hard before you trek out on your own. Then when you do, surround yourself with the most knowledgeable people you can find who can give you the feedback you may need to be the best that you can be.