Do You Have The Right Personality Traits To Become An Entrepreneur?

mind-of-entrepreneur Do you think you have what it takes to become an Entrepreneur? I’m often asked “Why did you become an online Entrepreneur Ruck?”

To make more money of course! – At least at first. However, the more businesses I got into and the more exciting each one became in the building phase, the more I literally got addicted to it. Success was just a bonus. It wasn’t always like that, but it is now. If I had to get down to some specifics though, the reason I escaped the cubicle and acquired wealth online was to:

  • Be my own boss (I have a HUGE problem with authority) – and yes, I’m very combative
  • I get to implement my own ideas (I’m a fucking champion, 2nd place is the first loser)
  • Earn more money (money is just an object but generating my income and profits is an amazing feeling)
  • Tax Benefits (No matter what Obama does, we still have crafty accountants)
  • Work From Home (Best thing ever, I work out whenever I want, take breaks, go to the pool and get shit happy drunk and still act like a boss)
  • Freedom (Even though I have a desk, it’s nothing stressful like that piece of shit cubicle I’ve sat behind before)
  • Low Startup Costs (Do I have to even explain how many 6-figure days I’ve had that cost me less than $10,000 – Read my blogs from 2007 until now. You’ll get the general idea)
  • Choose who I want to work with – (Absolutely, I wouldn’t have it any other way)

So now that you have a general overview of why I became an Entrepreneur, allow me to ask you 8 questions that I constantly ask myself to keep myself on top of the game. If you answer  YES to these, then you most certainly have the personality traits of an Entrepreneur.

  1. Are you a risk taker? – No business is risk free, so you need to judge the level of risk and be prepared to live with the consequences.
  2. Is change a challenge? – Can you minimize its downsides with careful thought and planning?
  3. Are you a hard worker? – Being self-employed is not an easy option, especially if you are working on your own. Results are often only produced during long working hours.
  4. Are you organized? – You will need to be an excellent time manager. You will need to juggle tasks, meet deadlines and prioritize conflicting demands.
  5. Can you network? – It is essential to be able to market yourself and your business in social situations. A lot of business is made by networking.
  6. Are you committed? – Do you believe in yourself and your business idea? Doubts or a half-hearted approach can be disastrous.
  7. Do you plan ahead? – You need to do this to minimize uncertainties and maximize your chances of success. Good planning ensures work keeps coming in.
  8. Are you a Realist? – Can you gauge in practical terms what is possible to achieve or produce within a certain period?

Even though you may be able to answer YES to all of these questions and have the personality traits of becoming an Entrepreneur, there’s still more work to be done and more questions to always be answered. Be prepared at all times to adapt, develop and progress in any situation and you will be well on your way to being a successful Entrepreneur! Did you answer yes to all of these? Or did you have a “no” or two in there?

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