If you’ve long wished to be self-employed, to design your own destiny, or call your own shots, try bypassing all those yeah-buts that’ve been stopping you everytime. While business ownership may not be for the ordinary, it’s the only way to go for those who understand the American Dream by accomplishing a satisfying lifestyle through business ownership. Successful business owners share specific character traits that have assisted them in getting there. They have what it takes to overcome barriers – to evaluation situations – and have a can-do attitude. Let’s discuss three types of attitudes:
The self-protective type
This person usually wants to be comfortable. They work hard to seek a routine comfort level, avoid pain, fly under the radar, play it safe, and avoid risks. This probably describes most people to a certain degree. In maintaining the status quo, shaking things up, or not making waves, all of us have a certain degree of comfort. But if being more extra cautious can’t be overcome, business ownership may not be in the cards. Besides, being self-sufficient equates to being self-employed. It requires you to be confident in your abilities and get out of your comfort zone. While many people may think it’s riskier to work for profit instead of a steady paycheck, millions of people are laid off and fired every year in the corporate world; being an employee is rarely low risk.
The self-involved type
To a large degree, this person believes that they are the strongest, fastest, biggest, the best, and the smartest. However, their ego can let them down. These people are systematic, focused, and successful goal setters – but they can have trouble as enterprise builders. They may not be willing to listen to others who are in the position to advise them, like financial advisors, attorneys, accountants, or other business experts. Since they can’t empathize with others, they’re unable to lead and inspire. So, they can’t piece together the building blocks that set the foundation of successful business operation – a group of people working together as a team. Interpersonal and management skills along with the ability to delegate, must be present somewhere in the DNA of an owner of a long-running business.
The self-esteemed type
These individuals have the inner motivation and creative spirit that drives them to accomplish what motivates them. They embrace personal responsibility and believe if there’s a problem, they can come up with a solution. They know what they aren’t aware of and the skills they lack and fully intend to hire others to fill the gaps. They know what makes them tick and have a God-gifted inclination to be responsible for doing the right thing – with judgement and honesty. They also believe that others will do the same.
Keep in mind that none of the above types is the stand-alone secret of business ownership. It’s the genetic makeup or right combination of these attitudes that are the stuff that successful business owners are composed of. For example, self-protectiveness is a natural instinct. It’s impossible to survive without it. However, this attitudinal gene should be tempered and can’t be so dominant that it’s difficult to overcome. A measure of risk must be allowed to take a leap of faith. By exercising due diligence on any specific business of interest and performing a self-assessment before pursuing a business acquisition, a potential business owner can accomplish an acceptable risk level for their individual situation.
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