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Did you know thereās a new āpandemicā in town? Yes, apart from COVID and any other disease you might be thinking of. Hold on, donāt panic. Itās actually not fatal, but itās taking a toll on quite a number of people who keep failing to understand the dynamics behind this whole new infection. Iām talking about the āEntrepreneurialismā pandemic.
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The truth is, a lot of people are confusing the termĀ āentrepreneurāĀ withĀ ābusiness ownerā. The two are similar in so many aspects, but they are definitely not the same. Surprised? Well, let me break it down for you.
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A business owner is the owner of a company that provides a product or service to its clients.
From the moment they start their business, most business owners have a deep understanding of their market and know who they should sell their products to. They frequently profit from the success of their company, which is either a sole source of income or a side hustle.
An entrepreneur, on the other hand, goes way beyond just owning a business.
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Entrepreneurs want to disrupt the market by sweeping out the traditional dynamics of how things are thought to work.
Entrepreneurs are always all in. They are passionate about their work and obsess over it. Itās a tendency; a predetermined route. Itās a personality trait, a labor of love, an unteachable zeal, a disease that canāt be cured, and an illness that canāt be caught. Itās either you have it or you donāt.
Money isnāt what motivates an entrepreneur. That is what pushes businesses and business owners. But for an entrepreneur, money is merely a yardstick.Ā
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The status quo is never enough for an entrepreneur. They do not become fat and content. Theyāre always thinking about the next thing, the next endeavor, The āBig One.ā They prefer being in the thick of things. They thrive in a state of turmoil and have their fingers in various jars. Thatās why itās common to hear about them failing at a half-dozen businesses before finally succeeding.
That is not the personality of business owners. They usually like focusing on one thing at a time. They are mostly not jugglers and try as much as possible to stay away from failure.
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Determining whether or not you have āEntrepreneurialismā is just a matter of self-analysis and careful observation. Here are a few symptoms to help you out with that.
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Entrepreneurs always want to know the answers. They are like sponges, constantly trying to learn more, improve their skillsets and find things out for themselves. They are never afraid to ask questions and wonāt stop till they get the answer.
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Entrepreneurs tend to see opportunities all around them, even in simple conversations. They try to make the most out of every situation and connect with people that they believe will be instrumental in the growth and success of their venture.
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Entrepreneurs have a ādonāt stop until the task is doneā mindset. They try to hit their marks every time, going the extra mile to make sure they achieve their goals before they can rest.
Do any of these sound like you? Youāve definitely caught the bug!
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If you do not relate to any of these, donāt beat yourself down. Not everyone can be an entrepreneur,Ā and it is perfectly okay. You donāt need to force your way into becoming one. Instead, figure out what you do best and do it better than anybody else.
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CURATOR'S NOTE
Entrepreneurship seems to be the new craze in townā¦but is everyone cut out for it. This article will help you find out!
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