Being an online entrepreneur is never a walk in the park.
Entrepreneurship is a tough calling. In a world still struggling with the rapid shift brought by the internet revolution, finding your way in the new landscape being formed isn’t always done with a map, especially with the ongoing flux within mainstream thinking, plus a business culture that was formed in the industrial age . You have to make your own choices, some of which may go against what you were taught by your family, what you learned from school, and the cultural values you absorbed growing up.
To be a successful business-owner means you need an unflinching self acknowledgement of your capabilities. You are human, you have human limits, and in spite of all the tech at your fingertips you cannot do everything or know everything. Knowing what you are good at, and knowing the true value of time versus money, you can plan to optimize your strengths and have counter-balances in place to check your weak spots. You can then outsource lower-value activities and be freed to focus on mission-critical and mission-essential issues.
Know and respect your limits — many people have a problem with this because of the prevailing work culture.
Protect those limits. We have boundaries for a reason– they’re so we don’t get run over. Don’t ignore them and essentially throw yourself under a bus in the blind pursuit of your goals, your body will not thank you.
When an entrepreneur knows what their best, most important services are internally, when they know what they do best, they know they make a better opportunity for themselves if they get someone else to handle the things they aren’t good at or don’t have the talent for. They maximize their strengths.
Another thing an entrepreneur has to have a more humane standard on personal qualities: an acceptance that failure is not a indication of your character or your capabilities, but a lesson and an impetus to do better next time.
See, school teaching can put students in the mindset that they are their grades— carrying things over into adulthood, people can go onto keep thinking that they are what they do, and if they fail, they are failures.
That kind of thinking is antithetical to entrepreneurship, because having your own business means running a series of successful failed attempts in order to achieve a successful ‘hit’ (a goal) then incrementally correcting your course until you’ve achieve a more stable state. Taking each failure personally won’t do anything but pull you way down, instead of helping you move forward.
In a situation like that, persistence and a solution-oriented mind-set is key to keep you from snapping. Some social scientists call it grit: a stick-to-it personality trait that helps a person keep going through discouragement, failure, and challenges. Tenacity is another word. Whatever word you use to describe it, it means that things may get you down, but you don’t stay down for long.
An entrepreneur sees a need and has his own spin on filling that need. He can see opportunity where other people don’t. This is a particular problem-solving mindset that distinguishes entrepreneurs from others; they’re essentially paid problem-solvers and solution-presenters.
There are chores in every business; repetitive actions necessary to maintaining the money flow, the business momentum going, and the customers happy. When you make it a point to cultivate perspective, all that busy-work means that your business is healthy.
There are internal and external motivations for all the things we do, and some people are motivated by external factors, while some are motivated by internal one. The entrepreneur, by his chosen path, needs to have strong intrinsic motivation for what he does, because the work required to get a business running and off the ground can be discouraging enough.
Entrepreneurs see a problem. They see a need. They come up with a way to address it. They devise a means to fix it. And the people they help are their market, the solution they create is their product, the means they make is a service.
Aside from these personal traits — persistence, a problem-solving mindset, opportunity-orientation, seeing challenges and puzzles to solve in place of problems and threats — entrepreneurs take care of themselves. They are their most vital assets
Related article: You: Taking Care Of Your Biggest Asset
You can’t run a battery dry and expect it to magically recharge itself. It works the same way for a person. And sometimes, there are certain types of personalities who are revitalized by solving puzzles — entrepreneurship takes all kinds, but one thing is clear: successful entreps take care of themselves, either by providing and creating a strong network of relationship and a strong support system, and an orderly business that runs well enough not to take over their entire lives.
Entrepreneurship give people the freedom to chart their own lives, and that freedom is earned with a heck of a lot of work and responsibility. Working in a corporate setting can mean you have tech support, HR, and payroll handling the stuff they do so you can go work. On your own, you have to handle the things you don’t even think of if you were coming from a corporate setting, like insurance, different forms, permits, and taxes, deductibles and so on.
As the saying goes, being an entrepreneur means you quit a job working 40 hours a weeks so you can go work for yourself for 80 hours a week….but all kidding aside, reaching success is achievable, and can be done repeatedly, but it doesn’t come without work.
Like this article? Found it helpful? Bookmark Jrox Entrepreneur for more helpful articles, and visit Jrox.com to learn more about Affiliate Marketing and get access to your own Affiliate Software and eCommerce Shopping Cart.