Wednesday, October 23, 2013

Can Entrepreneurialism Be the Saving Grace?

Everyone wants security and at one time, a person's job gave him or her that security -- but not anymore. When government jobs begin to lay people off or force days off without pay, some may view this as the writing on the wall. At one time having a government job meant security and that you could retire on that job. With the economy, the way it is today, entrepreneurialism may be the saving grace. There are people who aren't waiting to get that notice; instead, many are leaving the workforce to carve a piece of the entrepreneurial pie for themselves.
Owning your own business is risky and in fact, many people fail when starting an entrepreneur home based business. Nevertheless, what entrepreneurs have in common is that they don't view a failed business as a failure. They see it as an opportunity to get it right the next time. A failed business teaches them not to place all of their eggs in one basket. These people although few far and between, won't stop until they are successful and that is what puts them above the masses that quit after the first try. To jump in the pool of entrepreneurialism, you must develop a no quit attitude. Partnering with other entrepreneurs is also a good strategy for success.
At one time, it was unheard of to start a business with less than $100. Now, with the help of the Internet, you can do just that by starting a home based business. In fact, many small cleaning companies have been started for less and become empires in the cleaning industry. Content mills are another example of using the internet to provide a product that is in demand. These companies hire writers to provide web content to other internet entrepreneurs who need it to help build traffic to their website. At no better time could a person become a business owner with their hobby. The resources are available thanks to the internet and the small business administration. In addition, selling a product or someone else's product has pushed individuals into successful business ventures. It is a loop of entrepreneurialship that has been proven to work.
Trying to be the biggest company is no longer the focus of entrepreneurialism. Just being able to call your own shots and making ends meet without punching a time clock, is what it is all about for many people who take that leap of faith. The only characteristic that sets rich people apart from poor people is their stick-to-itiveness and possibly their refusal to work for someone else. Job security isn't what it once was and entrepreneurialism is a chance at creating your own job security. Your success greatly depends on how hard you are willing to work. You won't ever fire yourself and you will have yours and your family's best interest in mind at every decision-making meeting. If you view entrepreneurialism as your way of never being able to be fired than, you may have that entrepreneurial bug in you too.

Thursday, October 3, 2013

Staying in the Entrepreneurial Mindset Online

Entrepreneurs who start out with a brick-and-mortar business are generally seen in the community as a new business owner who is striving to get ahead in the business world. The entrepreneurial mindset that is required to start that type of business may be easier for some to sustain because of the support given by friends, families and neighbors.
However, an online entrepreneurial mindset may be more difficult to sustain because it will not be immediately evident to other people what the business does or even that you have a business at all. To keep the right mindset when your business is online often requires a higher level of discipline than when the business is more physical.
Small Business Self-Discipline
Getting up every morning and going to a physical building to work for your own small business requires little discipline because the business simply won't run if the business owner isn't there. Going to work often feels like going to any other job. But, when working at home on a computer, the feeling is generally much different.
Staying disciplined enough to go to the computer each day amidst all of the distractions of home takes a much different type of discipline. The entrepreneurial mindset then has to push you to keep going each day, even if it seems like there is a lot of to do around the house or you just don't feel like getting started that day.
Being an Entrepreneur
One of the things that many online entrepreneurs find is that it is often difficult to explain to other people what they do and that it is a real business even if it is not housed in a physical retail space. Some people may consider it your hobby or even ask when you will be getting a real job.
This can make it harder to keep that entrepreneurial mindset for many new business owners. To keep from letting skepticism erode your self-confidence, simply treat your business like any physical business. Refer to it as a business, work in it each work day like any other business and continue to think of it that way in order to stay motivated.
The Results of a New Business
Perhaps the best way to keep the entrepreneurial mindset is to see the results of that business. When the business is making a profit and your lifestyle is better than it ever was before, you and those who may have doubted the business will see how serious it really is.
Even if a business is virtual, it is an entrepreneurial exercise that can create an entirely new lifestyle for you and your family. With hard work and an entrepreneurial mindset, it has every chance of being as successful as any other type of business.