What Makes An Entrepreneur: Think Like An Entrepreneur
The truest definition of an entrepreneur goes beyond Webster’s broad definition. While Webster’s definition encompasses the basic idea of organizing and operating a business while taking on financial risks, it fails to highlight the crucial elements that truly define an entrepreneur.
An entrepreneur is not simply born, but rather made through a unique set of character traits and qualities. At the core of every successful entrepreneur lies an innate abundance of perseverance. Perseverance can be defined as persistence in doing something despite difficulties or delays in achieving success. Without perseverance, there is no sense in embarking on the entrepreneurial journey or claiming the title of an entrepreneur.
In fact, if we were to break down the percentage of the true definition of an entrepreneur, perseverance would make up a staggering 80%. Without this unwavering determination to overcome obstacles and push through challenges, all other aspects of entrepreneurship become irrelevant. Perseverance is what separates successful entrepreneurs from those who give up too easily.
To embrace entrepreneurship, one must understand the grueling process of going from being relatively unknown to becoming a household name. Even if the household name is associated with the entrepreneur’s product or service, reaching the pinnacle of success is not guaranteed for everyone. Yet, entrepreneurs live in a perpetual state of hope that they will eventually achieve their desired level of success. Once again, perseverance is the driving force behind this unwavering belief in a better future.
In addition to perseverance, other components of an entrepreneur include aptitude, attitude, and skill. Entrepreneurs possess a set of unique abilities and an aptitude for business operations, such as financial management, marketing, and sales. They also have a positive attitude and a can-do spirit that propels them forward.
In conclusion, the truest definition of an entrepreneur encompasses an innate overabundance of perseverance, which forms the foundation of all other entrepreneurial qualities. Without perseverance, there is no journey, no growth, and no meaningful entrepreneurial experience. When combined with aptitude, attitude, and skill, perseverance creates a powerful force that propels entrepreneurs towards success.
