What It Takes To be An Entrepreneur Series: Action

Many people have the professed desire to be their own boss, start their own business ecetera, ecetera...

Trouble is, how many people actually take the steps necessary to fulfill their professed desire?

A recent incident that actually happened brough this principle clearly into focus.

I was recently told by someone who is quite well informed on the local stock market to invest into a certain stock as its value was about to increase substantially. Being the skeptic that I was, I just asked a few questions about the stock and left it as that, making no comments nor commitment.

That conversation stuck to my mind and I monitored the stock and did a little reseach on it as well. During this monitoring period, the stock fell from $1.63 to about $1.56. By then, I was quite convinced on this stock due to the research that I had done but was only willing to buy when there was an uptrend which I waited for.

I shared my research with a good friend who had recently been hit quite badly on some stocks he was invested in. Due to his recent losses, my good friend ignored my advice.

When the stock started trending up, I went into it with a few thousand shares and now three weeks later, just got out of it with a very healthy 30% + profit.

So the moral of the story is:

Opportunities abound if only we are aware of them. But if we choose not to take action, then the opportunities will just go right by us.

If my friend had just studied the research I had done and taken action, he could have recouped some of his previous losses. Instead, he chose to focus on his losses and moan and groan about them and let a golden opportunity fly by him.

For some people, even if the proverbial golden goose was presented to them on a platter, they would still find something wrong with it. It could be something as simple as "How much is it going to cost to upkeep this golden goose?" or something as silly as this. For these people, they would never be able to see an opportunity if it hit them on the head because they are always focussed only on the negatives, whether real or imagined.

For others who see the opportunity and take the necessary action, the world will be their oyster and provide limitless opportunities for them.

So, the question is, which type are you?

If you really want to be an entrepreneur, you must take the action required and not just sit back and be passive.

As the saying goes, "You Snooze, You Loose!"

So, take action, be bold and be successful

Benjamin Seow is a longtime entrepreneur and an accomplished publisher. He and a group of friends have recently uncovered some long forgotten system to rake in truckloads of cash from your business. Check it out at=> http://www.EntrepreneurMillions.com

---

Documenting Partnerships in Your Business Plan

Forging partnerships to improve market penetration has become commonplace, particularly... Read More

Entrepreneurial Traits that Drive Sales

Frequently overlooked and hidden deep within our marketing tool box... Read More

Increasing Business BIGTIME with a Successful Referral System

What I've discovered from most of my small business clients... Read More

Customers - Why Should They Buy From You?

There are a whole range of reasons why customers buy... Read More

Oil Change Guys History; Part III

Studying the history of franchise companies is interesting is watching... Read More

Business Startup Checklist

Use this comprehensive checklist to plan each step of your... Read More

The 7 Major Reasons Businesses Fail and How to Overcome Them

This year, over 800,000 of the approximately 2,000,000 start up... Read More

Starting Your Business: It All Boils Down To Making Money and Saving Money

Bootstrapping in the context of business start-ups refers to the... Read More

Meet Success: Business Profile of Sylvia Acevedo, Communicard Owner

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

Leadership Attributes for Business Success

Business success is essentially the result of successful leadership. Contrary... Read More

Hurricane Katrina, Death, and a Different Type of Entrepreneurship

I've seen terrible images today on the television and internet-bodies... Read More

Why Every Student Should Start a Business

With the economic downturn, students in all the major business... Read More

Top 10 Business Plan Myths of Solo Entrepreneurs

Don't let these stop you from having a business plan... Read More

Beware the Opposition!

Any time you make changes in your life you are... Read More

New Rules

Last week I was working with one of my small... Read More

Are You Ready To Be Your Own Boss?

You have this burning desire you want to be on... Read More

Staying Ahead of the Perils, Excerpt of Entrepreneurial Motivation Speech

Running a business is not an easy endeavor, it takes... Read More

How Much Risk is Necessary to Grow Your Business?

A business owner is thoroughly responsible for their own financial... Read More

Be an Entrepreneur

The Department of Labor predicts that the #1 employer in... Read More

What Kind of Business Should I Start?

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

Differentiation Strategies for Franchise Companies

With the growing number of franchise offerings recently it is... Read More

Profile of Women Leaders

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

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

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

What Part of Handwriting on the Wall Dont You Understand - They Dont Hire People Over 50

In a recent talk to the Detroit Economic Club, President... Read More

From Employee to Entrepreneur: Taking the Plunge

Before you decide whether or not running your own business... Read More

Build Your Own Board Of Experts

The most successful entrepreneurs rely on their advisory boards to... Read More

The Reluctant Entrepreneur

It seems odd to think of a person opening a... Read More

The Danger Of Hate

As you have shown an interest in starting a business... Read More

Two Types of Business Plan Executive Summaries

Companies seeking capital often ask how long the Executive Summary... Read More

Top 10 Mistakes Entrepreneurs Make Before They Even Start

So you want to start a business. You have an... Read More

If It Was Easy Everybody Would Do It

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

Vendor Relations

Communication is the key to vendor relations. In your small... Read More

A Secret To Extraordinary Accomplishments

I sat watching a documentary on U.S. Navy SEAL Team... Read More