Core Beliefs of Entrepreneurs

Entrepreneur Revolution – The Challenge:

Core Beliefs of Entrepreneurs

1. Believe in just rewards
2. Believe risk is what stops others… it is the reason they achieve greater rewards
3. Believe in thinking big, with an execution mindset and an eye on the details
4. Believe in a commitment to the customer with a laser focus to create value
5. Believe if it is the right thing… then roadblocks become speed bumps
6. Believe change happens… when value exceeds the current state
7. Believe being first is not the issue, but profits are the priority
8. Believe in leveraging the expertise and resources of others for their benefit

Entrepreneurs are mavericks’ with the ability to recognize opportunity, think strategically and act through execution of the details. They expect rewards for their innovative drive and risk is just a word that stops others. Their point of focus is solving a challenge that brings rewards and they do not allow details to get in the way of the right solution. Creating change is not the driver… it is a result of a well-executed solution. Entrepreneurs are not “business sitters” and will be thinking of new solutions before the current challenges are addressed.

Business owners differ from entrepreneurs with their tolerance for the daily activity, working with and through employees, and their nature to move more cautiously with a purpose. Business owners carve out niches with a passion, or specific skill, to serve their customers. They have the same focus to serving their customers… but are not as quick to implement new approaches without a major event occurring.

Entrepreneurs need others to manage their creations. They are not satisfied to sit back and deal with the day-to-day issues… but will be quick to address perceived problems. They can lack focus for the everyday activity and will continue to pull/push the business with new ideas. With creativity and drive, comes loss of focus and loneliness on the part of the entrepreneur, wasted resources chasing poorly executed concepts and this causes a gap in relationships. They are extremist… excellent perceivers, innovators and creative mindset that can be their greatest strength or weakness. Their ability to manage people is one of the characteristics that either endears them or they build a reputation of being successful, but one that others will not work very long with.

Working for an entrepreneur requires the ability to listen, be flexible and be strong enough to manage the swings, ideas and pushing that comes. Managing an entrepreneur’s business is not for everyone… it is exciting, humiliating and can be rewarding. Above all, working with an entrepreneur requires the ability to communicate effectively, openly and honestly… know yourself, your beliefs and have an updated resume handy.