Thursday, April 3, 2014

Sins of the Entrepreneur

 Not everyone is going to make it in business- no matter how hard one tries. Why? Well, either you are born with the entrepreneur spirit or you’re not. It is this simple! Below are 5 Sins of “entrepreneurs” that real business leaders use to identify the wanna-bes from the real deals.

1.       They aren’t trying to be something they aren’t. Yes, real business leaders have faith in their own ideas. They don’t spend their time copying the ideas of others.  They either take a concept and make it better or they promote their own vision.

2.       Money is an afterthought. Real business people know money will be a point of stress forever, regardless of how much is in the bank.  Business owners focus on growth, often working under their value, to create a customer base and then keep it.

3.       They have no day job. No one can run a business while working for someone else- at least not effectively. If a business owner has a day job, they’re fake. They aren’t making it and they have no idea how to make it.

4.       They don’t care about fear. Sure, they may be afraid at times but they don’t let fear stand between them and success.

5.       Mentors- Yeah Right.  Business owners will seek our professional advice. Hey, we don’t know it all. However, mentors are not for the mighty or the visionary. Mentors help people find their way out of the maze when they can’t see the exit in front of their faces. Business owners know where there is no exit- that one must be created.

Until next time,

Coco the CEO 

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