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Millionaire Money Habits

January 13th, 2009 at 9:22 pm

Are You an Entrepreneur If…?


By definition, an entrepreneur is, “someone who organizes a business venture and assumes the risk for it.” Likewise, someone who is entrepreneurial is someone who can measure risk and reward and use innovation in order to profit or gain.

So at what point does someone actually become an entrepreneur? In order to label yourself (or be labled) as an entrepreneur, do you have to start a certain number of businesses? Are you an entrepreneur if…

  • You Sell Something on eBay?
  • You Do Snow Removal for a Few Bucks for Your Neighbor?
  • You Drive Your Co-Workers to Work for a Few Bucks?

At what point do you actually become an entrepreneur and can consider yourself an expert at starting business ventures and profitting from them?

In my opinion (coming from someone without the credentials to give one), an entrepreneur knows they are an entrepreneur not because of what they have accomplished. The ability to see an opportunity, get excited about the opportunity, organize all the parts in order to take advantage of the opportunity, making it not only work but scale that business up in a way that becomes self-sufficient, and then do it all over again is something that is inherent. You not only have the ability to do this, but you love to do this. Therefore, I believe, that an entrepreneur is not measured by what you accomplished, but how you behave and think.

You can train to become an entrepreneur and certainly become better at it, but for the most part I believe people are born with an entrepreneurial mind — or at least they were conditioned to become that way.

So what do you think? Are entrepreneurs born or are they made?

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  • Patrick De Amorim
    4:40 am on January 19th, 2009 1

    Great article, it really made me see myself as a entrepreneur just
    by reading what are the “criteria” for being one. To the question
    “So what do you think? Are entrepreneurs born or are they made?” I
    think we are born and made entrepreneurs, i believe that we need
    those 2 conditions to really be an entrepreneur. I believe that we
    (a small number) are born entrepreneurs but the conditions that we
    grow up in also affect if we will or won’t be entrepreneurs. I am
    one because as a child, my parents didn’t give me allowance, so if
    i wanted money, i had to make it myself. I thank my parents for
    that, because it made me who i am; an entrepreneur. – Patrick

 

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