U.S. Small Business Administration Asks: Is Entrepreneurship For You?

Starting your own business can be an exciting and rewarding experience that offers numerous advantages, such as the ability to be your own boss, set your own schedule and make a living doing something you enjoy. Becoming a successful entrepreneur requires sound planning, creativity and hard work. It also involves taking risks because all businesses require some form of financial investment. To begin evaluating whether or not owning a business is right for you, consider the personal characteristics and qualities that can help improve entrepreneurial success.

FACT: Anyone can learn how to be an entrepreneur

Entrepreneurs often have similar traits and characteristics. Here are some of the qualities that can go a long way in bolstering business success. If you don’t have all of these traits, don’t worry. Most can be learned with practice.

  • Creative
  • Inquisitive
  • Driven
  • Goal-oriented
  • Independent
  • Confident
  • Calculated risk taker
  • Committed
  • Avid learner
  • Self-starter
  • Hard worker
  • Resilient (able to grow from failure or change)
  • High-energy level
  • Integrity
  • Problem solving skills
  • Strong management and organizational skills

Businesses are built on ideas. In fact, the first step to starting a business is to come up with an original idea. Therefore, entrepreneurs must be open to thinking creatively. Are you able to think of new ideas? Can you imagine new ways to solve problems? Do you have insights on how to take advantage of new opportunities? Many people believe that some individuals are just born with creative minds, while others are not. This might be true, but you can learn to be more creative if you want to become an entrepreneur!

One approach to improving creativity is to research and learn as much as you can about the things that interest you. New ideas can come from reading or by talking to others who have the same interests. Another way to spark your creativity is to think about a problem and picture different ways to solve the issue. Once you have an idea, think it through and determine if it is a reasonable option. If it is, try it. If it isn’t, keep thinking. Don’t limit yourself. Be open to a variety of possibilities and your creative mind will naturally form new ideas.

To keep your creativity flowing, use these helpful hints:

  • Look for new ideas in a variety of ways
  • Keep the process simple
  • Start small
  • Try, try again

Related Articles:

20 Questions Before Starting a Business

Follow These Steps to Starting a Business

Online Courses for Starting Your Business

Use Our Starting Up Assessment Tool

Related Success Stories:

Passion for Wellness Translates into Entrepreneurship

Small Business Owner Seeks Start-up Guidance from SCORE, Opens for Business

Small Business Owner Starts Business with 7(a) Loan

Related About SBA Articles:

Related FAQs:

Can I get information about starting a home based business?

Where can I find out how some individuals started a successful business?


Thank You for Visiting Tell Others...And Please Leave a Reply to This Story.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s