The Cheat’s Guide To Entrepreneurship

The Cheat’s Guide To Entrepreneurship

by Caleb James on 15 Mar, 2012

An entrepreneur is someone who can see the next big thing, thrives under pressure and gets on well with everyone that they meet. They possess an indomitable self-belief, aren’t discouraged from criticism or naysayers, but take on-board the advice of others. It’s a term so over-analysed that it fails to have a clear-cut definition.

As television programs such as Dragon’s Den continue to increase in popularity and influence, and the employment rate continues to falter, it’s no wonder that more and more people are setting out to start their own business.
It is widely believed in the business world that entrepreneurship is something you are born with and that it cannot be learned; you either are one or you’re not. Also in existence is the belief that it’s not a quality that you can identify in yourself – but something only others can recognise in you.

Most entrepreneurs ultimately look to run their own business or projects. Being perceived to be an entrepreneur can help with self-confidence, if only through it acting as a self fulfilling prophecy.

Many well-known figures in the business world have a tendency of describing how entrepreneurship was ingrained in them as soon as they were able to walk. Businessman Alan Sugar is always talking about his modest upbringings and about how he ran a car washing business from an early age. Some of the best business-minded people amongst us may have said ‘supply’ and ‘demand’ before ‘mummy’ and ‘daddy’, but realising your dream later on in life doesn’t mean that you can’t run a successful business.

Alan Sugar has also fed the train of thought that it is impossible to define or create an entrepreneur and that he cannot describe what made him one. Richard Branson, however, once wrote an article about his secret ingredient in the cake of successes: fun. He advises: “try taking yourself and your business less seriously. You may be surprised that many others will take you more seriously.”

You may have realised that there isn’t a quick answer behind the promotion of entrepreneur from everyday businessman. The route to being perceived as an entrepreneur isn’t by memorising clichés and ‘think bigs’, it’s through your outlook on life, your way of thinking and level of efficiency.

If you’re running your own business there are little changes you can make that will go a long way. Making your business run as efficiently as possible will give you the opportunity to make important decisions in a calmer environment and reflect on what you need to work on to become more entrepreneurial.

Being super organised, having realistic, clear goals and interpreting drawbacks in a positive way will enhance any business’ performance. Increasing efficiency will mean you’ll have a little more breathing space, so ensure your courier service is always next day delivery, that your meetings never last longer than necessary and that you have consistently punctual staff. Small changes will accrete to bigger improvements, allowing you to flourish.

They say that entrepreneurship is ingrained within one’s personality. Holding a natural balance between ruthlessness and kindness and having a passion for success will get you far in business – and that’s as clear-cut a sign of an entrepreneur that there is.

They say that if you’re questioning your sanity, then you have it to question. Similarly, if you have a desire to be seen as an entrepreneur, you’re probably already on your way.

About the Author

Caleb James

Caleb James is a financial advisor and journalist, who contributes regularly to financial blogs and industry publications.