Why We Have So Few Entrepreneurs

I continuously see references to people as ‘entrepreneurs’. These folks think they are entrepreneurial in nature, but they’re not. What does it mean, then, to be an entrepreneur? The following traits do not guarantee success, but you cannot be successful without them. They are a gift. Our entrepreneurs are the backbone of our society and we desperately need more of them.

There are three determining factors:

  • First, if you are an entrepreneur, you have to grow. It is not a decision, that is just the way it is. You must be farther ahead tomorrow than you are today. Sameness isn’t tolerated.
  • Secondly entrepreneurs must have risk. They thrive on it, and on solving problems. When they do, though, they must create new problems so they have something else to solve. Entrepreneurs do not question this. It is who they are. This is how one venture leads to another. This is how one store turns into a national chain, how one diner becomes an internationally recognized name.
  • And finally entrepreneurs have to be in control. This applies to both their workplace and their money. They understand where money comes from. If you are not a business owner you may not be as aware of this. Each dollar earned is personal.

Randy Cleary

Randy Cleary is an Investment Advisor and owner of MatRx Financial Group. He is the author of Investment Advice for Entrepreneurs, an online information resource for small business owners and entrepreneurs.

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