What is entrepreneur’s mindset? Why not all entrepreneurs have similar mindset? Why lot of small businesses doesn’t survive longer than 3 years? Does all businesses start with an idea?
Lot of entrepreneurs have the hunger and the fire to make a difference. That is the single factor that make them distinct from others. They work hard, long, put a lot of effort, juggle a lot of things alone and will have the drive to keep going.
The major issue is channeling that energy and drive into a long term determinant goal. In business, ideas change all the time based on the market feedback. The entrepreneurs that succeed are the ones that has a long term goal. In pursuit of that goal they put their energy, drive, tenacity. Since they have that long term determinant goal, they won’t give up. A long term determinant goal provides the required focus and determination to keep going even during hardest of times.
Not all businesses start with an idea. Some business start with an opportunity, some get started with frustration in some other parts of the business owners life, most of the business owners fall into a business. These people lack the tenacity to accomplish greater things – because of lack of clarity of their long term goal.
#smallbuisness # #clarity