Dear Professor Savings readers,
There has been countless debates over the definition of an “entrepreneur.”
Note: those who waste their time debating first of all over a word is probably not the best entrepreneur.
From my experience and context, let me boil down to these 3 main points.
#1: Entrepreneurs create business. This includes providing service or product in exchange for money. Aspiring entrepreneurs are looking for a “good idea” but this is clearly a mistake.
#2: An idea is NOT a business. An idea is an idea. Google did not invent SEARCH. They made SEARCH more user friendly, faster, provided better results.
#3: An entrepreneur is __________________ (fill in the blank), MAINLY a DECISION maker.
An entrepreneur DECIDES not wait for the elevator to come down, but takes the stairs.
An entrepreneur DECIDES not let circumstances CONQUER them but creates his/her own Opportunity.
Again, the operative WORD is DECIDES.
So if you think you have the trait to be a great Entrepreneur, see if you are able to make DECISION precisely and quickly.
Those who OVER THINK will LOSE. Because, SPEED is KING in the ever changing digital landscape. What is TRENDING
today, may not be hot 15 months later.