It is rare to face a real fork in the road and know with 100% certainty that one way is the right way and the other is the wrong way. Yet, entrepreneurs attributes are critical drivers of businesses, not-for-profit organisations, communities, and projects.
In an unstable and constantly changing environment, innovative entrepreneurs think differently and act differently. They make a difference by finding new solutions to the problems faced in the ever-changing and disruptive world. Therefore, entrepreneurial characteristics need to be present in every organisation, big and small.
You may have heard that business is easy, but find yourself wasting enormous amounts of time and not making much money or progress towards fulfilling your aspirations. Many try for months, even years, to get their businesses working well. It is when entrepreneurship can help make the connections, solve the problems and join up the dots.
Why entrepreneurs do what they do
It is crucial to understand and identify the real entrepreneurs and why they do what they do, rather than why businesses fail. Most people have no idea how an entrepreneur thinks and behaves. Entrepreneurship is not something you can fake. Starting and running any organisation is never easy; it requires a unique mixture of skills that determines its success or failure.
Entrepreneurship offers unlimited possibilities to those who are true entrepreneurs. But, at the same time, entrepreneurship can negatively alter a business’s course if it is not understood or mismanaged. Successful entrepreneurs always want to see what the view is like from the top of the mountain, but once they have seen it, they want to go further, and their businesses soar as a result.
Entrepreneurial characteristics among successful entrepreneurs are very similar. So if you find you have a good mix of them, then either you are an entrepreneur, or you have many of the entrepreneurial characteristics that are very valuable.
After meeting many entrepreneurs and experts on the subject during my life, I believe you are born with the key entrepreneurial characteristics. While others acquire many of these characteristics through life experience, I think entrepreneurs are ‘wired’ differently. Nevertheless, entrepreneurs possess recognisable skills, many of which are inherent within us all. Uncover your hidden entrepreneurial characteristics and develop them sufficiently to become a more successful manager and leader.
Thinking outside the box is one way to start acting like an entrepreneur. However, the truth is, entrepreneurship can be more like a roller coaster ride than a cruise ship, but you will find while life can be stressful, it is never dull. Combine entrepreneurship with people and new technologies for better outcomes
“Entrepreneurship is not all about problem-solving; it’s more about making things happen”. Peter Sergeant
“Perhaps this is the time to engage an entrepreneur to help you with your problem-solving and decision-making to determine the best actions you should take”. Peter Sergeant