Entrepreneurship has always been my career of choice and over the years, I have learnt a thing or two about business. Public opinion about entrepreneurs is varied; while many people celebrate them, others curse us calling us cons and opportunists. After all is said and done, the fact is that the world would not be what it is without entrepreneurs.
Of course, there is a difference between entrepreneurs and self-employed business people. A self-employed business person is one who runs a business to earn a living while an entrepreneur is an innovator and a creator of ideas, concepts, and businesses that provide employment and endless opportunities.
5 Reasons to Choose Entrepreneureship as a Career
Here are some reasons why you should celebrate business men and women around you.
1. Entrepreneurs offer solutions
Life is much better and convenient today because entrepreneurs have given solutions to what to wear, eat, travel and communicate. What was a problem years ago no longer is because entrepreneurs have turned innovations into products that you and I can buy saving us time, energy and hustle to do it for ourselves.
Lesson: Every problem is an opportunity
2. Wealth Creation
Entrepreneurs create systems that make money for themselves and for others. The business community is the creator in every economy which is why the richest people on earth are entrepreneurs. Their wealth is derived from the solutions they provide.
Most importantly, entrepreneurs create opportunities for other people to earn a living and create wealth for themselves.
Lesson: There is enough for everyone
3. Influencing Culture
Successful entrepreneurs are admired because of their possessions and their flamboyant lifestyles. They seem to live everyone’s dream of “getting what you want when you want it”. They seem to have it all except that they cannot buy life.
As a result, theirs is seen as the ideal way to live. Further, through businesses ventures in media and communications, entrepreneurs shape peoples opinions about life and how to do things. This has greatly improved access to knowledge and information for all.
Lesson: It’s not all about the money but may be it is!
Characteristics of Successful Entrepreneurs
I came to the unsettling realization that “We are what we are because of who we are”. “Who” we are is the total sum of the choices and decisions that we make. Often we blame our predicament on ‘fate’ yet we are fully responsible for every decision that got us here; whether good or bad.
Looking at entrepreneurs across the world, I have observed that there are things that only they are willing to do and that has defined who they are, and largely, they have.
1. Giving up is not an option
People battle with the question of whether or not to give up and the majority, it is only a question of when to give up. They have a good reason as to why things will not work out. However, giving up is never an option for an entrepreneur.
An entrepreneur will alter what he does or how he does it but never give up on the idea they believe in. Many entrepreneurs have walked out on promising education, and careers to pursue their dreams which have been rewarded handsomely.
2. Motivated by the need to provide solutions, not money
Believe it or not, the first thing on an entrepreneurs mind is not money but the urge to provide a solution to a problem or deficiency. They are therefore confronted with situations that are bigger than they are such that even when they have made significant progress, they rarely stop to celebrate because there is still so much that needs to be done.
Money, therefore, is a reward for the solution they have availed.
3. Consumed by passion
Entrepreneurs look forward to every waking day because the passion to pursue their dreams consumes them. Hardly will you hear an entrepreneur who is bored or does not like his or her job.
Regrettably, they expect that their employees are consumed with the same passion and drive to achieve. When passion for a venture diminishes, most entrepreneurs will most likely sell or close down the venture because the thrill is not there anymore.
4. The greatest joy is to see transformed lives
Contrary to popular belief, entrepreneurship is not about boardroom wars and cutting deals. The heart of the entrepreneur is to see use and enjoy their services.
It is proof that their effort was not in vain and will most often begin to look for other products and services that the customer could use. This has been guiding principle in the construction of the biggest conglomerates in the world. As a result, entrepreneurs have made the world bigger and better.