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How to know if you're fit to be an entrepreneur



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How to know if you're fit to be an entrepreneur

We all want to make money online, but do you have what it takes to be your own boss as an entrepreneur, not as many people as you would think can do this and that's why this discussion is being written!  Being an entrepreneur isn't like what you see on TV or in the movies, you're the person who is working 16 hour days to make a few bucks, but you have hopes of making millions and that's what pushes you through years of struggle.

Today, I'm a semi-successful online marketer with my own company that has clients paying me each month for my services and I have additional websites up and running to make more money through different niches.  If you told me 15 years ago that it would take years of practice and countless hours each day just researching what works and what doesn't, I'd tell you that you're crazy.  Back in the day, I thought I knew everything, and today I know that I was a dummy compared to what I know today, and even today I know that I don't know everything and I think that's why I'm more successful each year.  I was an entrepreneur on a journey to make millions, but I've still never hit that goal, and I now know that it's a possibility but it takes countless hours of work and not getting paid for it in order to eventually get there.  Does that sound like something you want to do?  Then you might just have what it takes to be an entrepreneur!

Below are a few things you need to ask yourself in order to figure out if you're cut out for this type of lifestyle.

Do you have a lot of passion and grit?
When it comes to being an entrepreneur, no one is going to tell you to wake up and get to work, your passion and grit will have to suffice for an alarm clock and that's what will push you to be the best in your industry.

If you don't have the passion to work for yourself, and the grit to try and be the best in your field, then you may not be cut out for this because there are a lot of ups and downs.  You may not make it back up after a website tanks and starts to not make money, or you get hacked, or your bank account goes negative, so you'll need to think of these things before you go all in.

Do you have a little bit of crazy inside of you?
All of the online marketers are a bit crazy because we jumped into a profession that no one was 100% sure how it worked.  We knew the industry had potential to make money, and we always had a thing for computers, so we jumped in with hopes of making it big.

We quickly figured out that it wasn't as easy as we had hoped, but we were still crazy enough to work 16 hour days just coding up things that we weren't sure would make any money, but our craziness pushed us to keep going even if we failed once or twice How to know if you

If you can do that, then you may be cut out to be an entrepreneur.

Do you make plans for the future and the day after that?
Making plans to go out with friends or family to have lunch is one thing, making plans for the next year in order to know what you're going to be doing with your business is what we entrepreneurs do usually.  I know I have plans to set up 3 more websites, run a bunch of marketing campaigns, and do much more research that will take well over 8 months for everything but I have it planned out.

If you like to plan ahead like this, you may have what it takes to schedule your life as an entrepreneur How to know if you

Are you ready to have the best and worst job in the world?
Being an entrepreneur is one of the best jobs because you don't have a boss and no one will tell you to work.  It's also pretty great when you get things right and start making a ton of money!  Now, it can be the worst job because you could fail countless times and think there is no money to be made in your industry, but if you can fight through this you'll likely be successful eventually.

All of us entrepreneurs have failed businesses or websites in our portfolio, but we see them as learning experiences and not a waste of time and money, so if you can do the same then you're cut out for this lifestyle!


In conclusion
Being an entrepreneur isn't the easiest job in the world because there's no guide to read that will tell you how to be successful at it.  You can be an entrepreneur in any industry, so it's up to you to learn everything possible in order to profit, then boost yourself up to be as successful as possible.  You may even fail your first couple of years, but there is likely something successful right around the corner, so if that seems like something you could overcome then you might be the right person for this type of job How to know if you


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Tommy Carey

Comments

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vinaya
Am I fit to become an entrepreneur? I don't have an answer.
Three years ago, I invested 15 thousand USD in a brick and mortar business. In my home country that is a lot of money. I invested in the infrastructure development with my savings and then applied for a bank loan. I was lucky to get a bank finance on my project. After three years, when I analyze my business, I feel very sad. I have not been able to generate any profits. Actually, my business is staggering and is on the verge of collapse. In order to pay my loan, I will have to sell my property.
At the same time when I started my brick and mortar business, I also started an online business. Sadly, my online business is also not at a very good stage.
Maybe I am not a good entrepreneur despite the fact that my answers to the aforementioned questions are YES.



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fishbate
That's unfortunate, but still it doesn't mean your not an entrepreneur. Everybody in business goes through different levels of problems. And by the looks of it your handling it well, you just need learn from what you and others have experienced. Remember that things that couldn't kill you, will just make you stronger.



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Corzhens
I also had that sad experience of building a structure in front of our home for my offline business of selling clothing items and personal accessories. That boutique was doing fine in the first month but the sales dwindled until I decided to close shop. It was fortunate that someone offered to rent the boutique’s structure so at least I was able to recoup the expenses for building it. But the business was already lost.



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overcast
I think people who can take risk and work odd hour. And can leave everything behind know how to get the most out being an entrepreneur. You can learn that some of the time it can be good option to make the most out of that. I have seen some people know how to take risk and they make the most out of the small business. Other people I guess don't make it to the end in that case.



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RhealaineS
I have to agree with you. Entrepreneurship is not for everyone. You have to be a risk taker, hardworking, and opportunity seeker. Others think that it's easy to start a business and earn lots of money. It takes time before you can harvest the fruits of your hardwork. So an entrepreneur has to be patient as well.



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overcast
Yes and the risk has to be calculated. Not everyone can calculate the risk and bring the money from the action. Some of the time risk is blind. And that means people have to calculate how it may work in that case. I am sure that in near future you can see that with more data available it's easy to be entrepreneur.



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treecko142
Haha, I like the bit about having a little crazy in you, and it's true. Sometimes the craziest ideas succeed and sometimes you really have to be "stupid" enough to work hard during difficult times rather than giving up.



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fishbate
Well everyone is a potential entrepreneur in my opinion. What you wrote is a great way in mind setting people who want to become one. I agree on your content specially "Do you have a little bit of crazy inside of you?". Its basically standing by what you believe will work and doing something about it. I salute...



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treecko142
Yeah, everyone can be an entrepreneur, and at some point, being one will eventually be more profitable than the job you currently have, but it's all about having the proper mindset to be an entrepreneur.



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Barida
Passion is one great virtue that any entrepreneur should have about the said enterprise that he is planning to go into. The reason for this is you get to push harder for that goal that you pursue despite the challenges that you may encounter on your ways to the top. There is no successful person that had it easy and this is one reason any body that is thinking about doing anything should have the drive to succeed in them.



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jennyfermanuel
This topic is the best. I may not have any opinion about the qualities of being an entrepreneur because honestly, I never thought of being on the top and be the "boss" of my own company, I just wanted to become a writer and earn enough from it. I am thankful to you for sharing this one. This will give hope to any aspiring person like me to not just give up. That failures aren't the reason to quit, but to do better and make use of them as a lesson.
So thank you. looking forward to learn from your other articles.



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cmoneyspinner
~ Passion and grit?
If you mean do I need a supervisor or boss to watch me to make sure I work? Nope! I got this! How to know if you

~ Do you have a little bit of crazy inside of you?
Well, I've always thought a line in Seal's song “Crazy” was written with me in mind. How to know if you
“But we're never gonna survive, unless
We get a little crazy ...”


~ Do you make plans for the future and the day after that?
My plan to get up each day, go for it and hope my Internet service provider keeps up with me! How to know if you

~ Are you ready to have the best and worst job in the world?
My answer is YES! My guiding scripture is “He who is faithful in little is faithful in much.”



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Corzhens
That passion and grit are common characteristics of a person who desires something. But sometimes passion is not enough because business is a complicated matter and you need knowledge and patience. So I’d say that you have to be fully armed when putting up a business because it’s more than a war that needed armaments, ammunition and strategy. And the passion and grit become a backgrounder only.



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fishbate
I agree, passion is what drives a person and knowledge is what makes it successful. Nowadays people are more technical and strategic when it comes to business. Passion alone is not enough to make a business successful specially in the era of technology and automation.



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blackmist
That's a good tip. Being an entrepreneur is not that easy. One should know if what is an entrepreneur really is. That is not an option because it will cost us lot of money, resources and times.



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mitan143
Good tips. I have a plan on running a big business in the near future, but I'm always wondering for my self if I have the qualities in order to become a successful entrepreneur. So I really appreciate that you made one article for some tips for that. Your tips are all on point and probably the best things to consider before deciding your career to be an entrepreneur. I would add one more thing also, all those tips you have mentioned are very important but we have to be very smart too. You know, no matter how big your hardwork is, if you didn't really know or you don't have the idea on what you're doing then you might fail in what you're pursuing.



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jaymish2
Funny enough I was reading an article about this in our local paper. Your points are sport on. You definitely need a bit of crazy. Look at all the CEO's around who have started their businesses most of them can not be considered normal. Look at the like of Bill Gates and Steve Jobs who quit school to start their companies. You also need to have the stomach for uncertainty. The entrepreneurial journey is considered an bumpy ride and you need to be able to tolerate constant ups and downs.



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edencaga
I think I am fit to become an entrepreneur, it's just that I am still a bit lacking when it comes to knowledge and information. SO the better thing I do is to research first the methods of being a successful entrepreneur and of course how internet marketing works. Not only that I really need to know those applications that is needed for the business.



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mhingnhormz
How to know if you're fit to be an entrepreneur: It's not that really important that one should if they are fit or not. It's not kind of a medical, which is needed to confirm for a remark if fit to work or not. As long as one person have a courage, patience and determination in handling of business then that person is capable to be an entrepreneur.



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Klint
I don't I'm fit to be an entrepreneur yet. I still lack most of the desirable traits and characteristics of a good entrepreneur. I have already tried various entrepreneurial activities and almost all of them failed. I will review myself and find out which parts need tweaking in order for me to become an outstanding entrepreneur.



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