Compensating for Your Entrepreneurial Style-or Lack of Style

I recently took an entrepreneurial quiz which evaluated my answers and informed me I would do best as a hired hand! So why am I a successful home business owner? Because I've learned to fill the holes in my entrepreneurial style, and compensate for my deficiencies.

Let's start with a list of qualities that might benefit someone working for him/herself:

1. Ability to see the big picture and plan accordingly;.

2. Self-discipline;

3. Ability to use time wisely;

4. At minimum, a moderate drive to achieve;

5. Adaptability;

6. Autonomy;

7. Decisiveness;

8. A feeling of control over your own destiny;

9. Having (energy) drive and enterprise;

10. Motivation to grow;

11. Sense of intuition;

12. Ability to spot opportunities;

13. Perseverance;

14. Problem-solving abilities;

15. Risk-tolerance;

16. Self-confidence;

17. Social skills.

As an example, let's look at John Doe. John has an excellent nose for a good opportunity; he drives his wife crazy with always turning everything into a new business idea. He's not afraid to make a decision and take the risk. He has a huge drive to achieve; he wants to be rich! John is confident that he can accomplish everything he sets out to do.

Then the reality of the rest of John sets in. He's not real good in the follow-through; as a matter of fact, he starts one business only to come up with another, and yet another, idea over and over. He writes up proposal after proposal, and always stumbles over the concrete details, such as turning goals and visions into action plans, and projecting budgets. He starts and stops, never stopping long enough to evaluate and plan ahead for the success of the next venture.

John could benefit from postponing his next decision until he hones his problem-solving skills a bit. He needs to understand where he's gone wrong and plan for success the next time. John also could put his vision for his work and his life down on paper, and learn to use this vision to help choose opportunities that are in sync with his financial and career goals.

John is confusing working hard with getting ahead. He needs to continually evaluate the tasks he is engaged in to determine if he is, indeed, using his time wisely.

And lastly, John would learn a lot from finding a business opportunity that would combine teamwork, successful strategies and skill building to encourage him to apply his abundant perseverance to ONE business until he succeeds.

John can look at this list and see how one strength could compensate for another weakness. If he wasn't very decisive, he could be spared many a bad quick decision, and strong problem solving skills could bring an eventual understanding of the right path for HIM. What he lacked in self-confidence could be made up for with social skills that enabled him to work well with a mentor or a knowledgeable team. Lack of enterprise or drive could mean he isn't cut out for over-the-counter or door-to-door retail sales. But he might shine in the backroom day-in-day-out details of getting a job done, or in website-based business.

Oh yeah...and John could also listen to his wife, and just give it all a rest at least one day a week...

About the author:
Glenn Beach is a poet, writer and home business entrepreneur in Nova Scotia, Canada. Free newsletter, more articles, and business start-up info at: http://www.work-at-home-business-opp ortunity-canada.com

In The News:


pen paper and inkwell


cat break through


Your Company Needs A Mission Statement; Make It Count

Does anyone remember that book "Built to Last" done y... Read More

10 Ways Entrepreneurs Shoot Themselves In The Foot

Entrepreneurs and their businesses have a tendency to ambush themselves... Read More

Business Development: The Basic Ingredients

Cooking isn't much different than building a business. You have... Read More

Profile of Women Leaders

Leadership is based on two words, "pressure and support"and that... Read More

Create Your Entrepreneur Dream Team

I hear it all the time. "What should I do... Read More

5?4?3? 2...1?

A streak dating back more than three decades came to... Read More

Near-death Experience is the Mother of Invention for Two Dallas Electricians

To morning commuters, the hulking truck encircled with barricades and... Read More

Starting Up and Keeping Going

So you had that fantastic business idea, the one that's... Read More

The Business Leader as Ultramarathoner

Have you ever heard of an ultramarathon? A standard marathon... Read More

Dream It, Create It, Become It! Design a Dream Board

Have you ever heard of "Dream Boards" or "Treasure Maps"?... Read More

Are You an Entrepreneur That is Starved for Time?

Being an entrepreneur and running a successful home-based business is... Read More

Confidence = Preparation + Courage

It always amazes me when I see someone on television... Read More

The History of the Franchise Business - Learning about Business Opportunities by Looking at the Past

Hair care has been around as long as humans have... Read More

Needs Versus Wants For Entrepreneurs

How often do the words "I need" come out of... Read More

Entrepreneurship as Your Passion

Entrepreneurship has been my passion for as long as I... Read More

Goals and New Venture Creation

More and more corporate workers are leaving their jobs to... Read More

For Business SUCCESS... Listen To The Voices of Experience

Discover the pitfalls of owning your own business BEFORE... [you... Read More

Meet Success: Business Profile of Sylvia Acevedo, Communicard Owner

Sylvia Acevedo needed a break from her technology job so... Read More

The 5 Senses of an Entrepreneur

If you have seen me speak you will know that... Read More

How To Start a New Business

While it is tempting to just leap into a new... Read More

Entrepreneurs Just Get Better With Age

Q: I'm thinking about starting a business after I retire... Read More

Its Good to Know Your Banker

Recently my bank opened a new branch that is a... Read More

How Good Is Your Big Idea

Q: I want to start my own business. I have... Read More

Three Cs - What Startups Need to Get a Business Loan, Part 1

You want to get a good, solid overview of what... Read More

Secrets of My Favorite Government Auction

I love bargains. And there's no better place to find... Read More

Abstract Business Marketing Strategy for the Entrepreneur

If you look at those Corporations in franchising today you... Read More

If It Was Easy Everybody Would Do It

Q: I started my business about a year ago and... Read More

Making the Financial Transition

Making the financial transition from paid employment to earning a... Read More

What Kind of Business Should I Start?

It's not uncommon to reach your 30s, 40s or even... Read More

Should You Write Your Own Business Plan?

If you are just starting a company and looking for... Read More

The Entrepreneurs Prayer

As I awaken with the gift of yet another day... Read More

Opportunity Does Not Knock

Q: I'm graduating this year with a degree in business... Read More

Differentiation ? Smart Marketing Strategies for the Solo Entrepreneur

Are you ever frustrated or hesitant when you talk to... Read More