Being A Successful Entrepreneur – Do You Have What It Takes?

You can take two people from the same background even in the same family. Give them both the exact same resources and one will go on to enjoy massive success while the other washes out after just a few months or maybe a few years.

So, what’s the difference between them?

Just one thing, MINDSET.

If you have the right mindset you can begin with a poor business plan and still find success. On the other hand, someone with a poor mindset can begin with the best business plan in the world and still epically fail. Mindset really does make all the difference.

So, the question is, do YOU have what it takes to be a successful entrepreneur?

Keep reading to find out if you have what it takes.

You’re Willing to Take Risks

Are you ready to run to Vegas and drop your life savings on the roulette wheel? Of course not, that would be a dumb. But if you want to be a successful entrepreneur then you need to be willing to take some risk. Not just any risk though. With careful planning and research, you can take CALCULATED risks that are good bets.

You see, there are no guarantees in business. Great business ideas fail all the time. Even well-established businesses lose market shares when something better comes along. When was the last time you heard about MySpace or Alta Vista, for example? You need to be able to absorb some amount of risk when things don’t turn out exactly as you planned and keep push forward.

Which brings us to the next point.

You See Failures Differently

It doesn’t take much failure for the average person to give up. When the average person fails, he beats himself up. He decides his plans weren’t meant to be and scraps all his big plans and dreams.

Successful entrepreneurs are different because they don’t see failures as failures. Instead, they see failures and disappointments as lessons.

Take Thomas Edison as an example. He tried to create the light bulb in thousands of different ways. He didn’t see these experiments as failures. Instead, he saw them as steps to create a light bulb. Every time he failed, he figured he was one step closer to success.

If you can start seeing failures as lessons and learn from them, then you too can become one step closer to success.

You’re Persistent

Another characteristic of a successful entrepreneur is that they don’t give up easily. Go back to the Edison example. He failed thousands of times, but he didn’t give up.

Pick up the biography of just about any of your favorite entrepreneurs and you’ll find that their road to success wasn’t always smooth. There were obstacles, setbacks and problems along the way. Yet the true entrepreneur keeps going. That’s what you’ll need to do too, no matter what life throws your way.

You Make Data-Driven Decisions

Sure, just about every successful entrepreneur on the planet has made a decision based on a gut feeling. But the key here is that successful entrepreneurs make decisions based on data whenever possible. They also tend to leave emotion out of the decision-making process.

The point is, you don’t throw darts at a dartboard when it’s decision time. You’re also not so arrogant as to think you have all the answers. Instead, you do your research. You test. And then you analyze the data before making the decision to continue. It may not be the exact right decision, but taking a calculated risk is better than blindly guessing.

In Conclusion

People are going to laugh at you and tell you all sorts of negative things. You’re going to feel fear at times. Your plans won’t always go as planned. Sometimes life is going to throw you a curve ball.

The question is, will you keep going?

Will you be able to block out the laughter and negativity and keep your eye on your goal?

Will you feel the fear and do it anyway?

Will you be able to regroup and keep moving forward?

Many people try to start businesses. Most of them fail. Some of these entrepreneurs never try again and settle on a meager existence that they absolutely hate.

It doesn’t have to be that way for you. Because you now know that once you tweak your mindset you can write your own ticket in life.

The good news is you don’t need to be born with this mindset. You can learn how to think like an entrepreneur starting right now at Success Upgrade. Check it out because this could be the big turning point for you.