Posts Tagged ‘startyrnewbiztips’

New Biz Success Requires Passion

READY TO START YR OWN BUSINESS?

Learn 8 personal qualities needed to become

successful entrepreneur.

http://helpamericaspeople.com/WP/

 

Now’s the Time to Become Your Own Boss
The mission of this blog, started by the Founders of
www.helpamericaspeople.com is to provide you, the burgeoning entrepreneur, with the most current and useful information, research, tips, tools, techniques, advice, etc. about starting your own business.

 The 8  Personal Characteristics You Need to Succeed as an Entrepreneur

  1. Passion
  2. Perseverance
  3. Patience
  4. Flexibility
  5. Timing
  6. Decisiveness
  7. Planning
  8. Work/ Life Balance

1. Passion

Passion is listed first for a very important reason; call it passion, call it love….it’s the greatest motivator in life.

 How do you know if you have enough passion to turn your idea into a successful business venture? When you read the following words, do they accurately describe you?

Enthusiasm ~~ Energy ~~ Eagerness

Every successful entrepreneur has the three E’s in abundance from day one…and this passion to achieve success never ever wanes!   Whether you’re offering a product or service to customers online, or go the bricks and mortar route, whether you start from scratch, buy an existing business or become a franchisee – an unrelenting passion for your business idea to succeed is the single most critical factor to self-employment success.

 Without the passion, you won’t have the resilience and resolve it takes to:

  • become your own boss
  • be ready for 60-80 hour work weeks
  • face ongoing uncertainty
  • be quickly responsive to daily problem-solving and decision-making

… and, even with all these stress-producing factors, you consider everyday more fun than work!

Suggested Reading*:  Awakening the Entrepreneur Within: How Ordinary
People Can Create Extraordinary Companies – $18.96

The Business Start-up Toolkit – $30.36

*HAP receives a small commission from the book seller.

Next Post: Monday, February 15, 2010

Topic:  Successful Entrepreneurs Persevere

Start a Business!!

READY TO START YR OWN BUSINESS?

Learn 8 personal qualities needed to become

successful entrepreneur.

http://helpamericaspeople.com/WP/

 

Now’s the Time to Become Your Own Boss
The mission of this blog, started by the Founders of
www.helpamericaspeople.com is to provide you, the burgeoning entrepreneur, with the most current and useful information, research, tips, tools, techniques, advice, etc. about starting your own business.

 

The mantra of this blog is: there’s no security in working for others.

As an introduction to the NewBizBlog, we’re starting a multi-part article titled: Do you have what it takes to start your own business? Return to this blog for the next 8 postings to read the entire article. Please return to this blog every Monday for a new posting.

Introduction
Let’s begin with the hard facts: According to Dun & Bradstreet and INC. magazine, 33% of all new businesses fail within the first six months. Fifty (50) percent of businesses fail within their first two years of operation and 75% fail within the first three years.

Here’s another reality check from careerbuilder.com about starting your own business: Nearly a million new businesses are started each year. Within five years, more than 85% of those businesses will be closed. It’s likely that a majority of those failures should never have gone into business in the first place. Why? Because the “entrepreneurs” who launched businesses didn’t have the personal characteristics and qualities necessary to beat the overwhelming odds against becoming a successful entrepreneur.

For the next 8  postings, we’ll discuss each of the personal characteristics you need to possess to become a successful entrepreneur.

The 8 Personal Characteristics You Need to Succeed as an Entrepreneur

1. Passion
2. Perseverance
3. Patience
4. Flexibility
5. Timing
6. Decisiveness
7. Planning
8. Work/ Life Balance

Suggested Reading*:  Awakening the Entrepreneur Within: How Ordinary
People Can Create Extraordinary Companies – $18.96

The Business Start-up Toolkit – $30.36

*HAP receives a small commission from the book seller.

Next post: February 8th –Do you have the Passion to become a successful entrepreneur?

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