The images often rush through your mind of being an entrepreneur, there you are sitting behind your desk, setting your own schedule and never worrying about what the boss might say. You can almost feel the peace and joy that will be yours when all the cash starts rolling in.

Wait just one moment, don’t sign the contract for the summer home in the Hamptons just yet. There is something you need to consider first: Is it in you to be a true entrepreneur? Do you have the stamina and the guts to earn lots of money and be rich?

To find out the truth rate yourself on the character traits listed here. Would you:

-Stay with something without instant gratification? Your first day of entrepreneurship will be the most exhilarating day of your life. In fact, you probably will not come off cloud nine for many days if not weeks.

Then reality sinks in and you are working just as many hours as you did for your boss simply trying to keep the business afloat and there is no excitement left. Perhaps the worst part of all is the fact that you are not seeing anything in the way of results. That means there is very little to motivate you and move your business forward.

Answer me just one question: Will you keep at something even if pay off is delayed? If you can honestly answer in the affirmative then you may have what it takes to be an entrepreneur.

-Walk away from a losing proposition? Anytime you spend days or weeks on a proposition it can feel like your baby. Honestly, it rather is, at least in a manner of speaking, I mean this is your brainchild.

No one is perfect and before you know it you can be neck deep in a bad concept that threatens the very life of your business. Is it in you to let go and move on to the next idea in spite of your emotional attachment to the plan? Do this part well and you are on your way to being a good entrepreneur.

-How is your self assurance? Your friends and even your family are going to have enough doubt to share. Laughing at you and calling your plans ridicules may be common place and if you buy into any of this you will never make it.

It takes rock solid confidence in your idea and abilities, if you have that you can be a great entrepreneur.

-Have knowledge of the value of your products and service? A beginners biggest problem is knowing how to price their product or service. You will find them working hundreds of hours for peanuts. This occurs most frequently because of the value they put on the product or service they offer. If you tell yourself you would never pay x amount of dollars for something you are bound to price it too low to stay in business.

The thing you must keep in mind is that you are not the market nor are you the customer. If you have something good to offer your customers that adds value or convenience to their lives then you should earn accordingly. Do not worry if your prices are too high they will tell you about it.

Value the solutions you provide until you hear otherwise. You may be a good entrepreneur when you get this part down pat.

-Solve difficulties? Last but not least, do you offer something that solves a problem?

When you are an entrepreneur problem solving must be your forte. The proverbial buck must stop with you in this business. There is no higher-level officer to do it for you. It will be all on your shoulders to find the problem and then solve it.

The main reason you have to be a problem solver is to stay in business and make a killing! Trust me if you can spot a problem in the lives of people and then solve it they will pay dearly for the answer. When you have successfully accomplished this you are a good entrepreneur.

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Posted in Internet Marketing by John Desmond No Comments Yet