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Entrepreneurship: What Makes a Successful Businessman

Updated on October 4, 2019
S W Moore profile image

S. W. Moore teaches Spoken English, Business English and U. S. History at Datong University in China. He writes articles on various topics.

Why People Become Entrepreneurs

There are many reasons that people become entrepreneurs. If you were to ask four people why they became an entrepreneur, you would most likely get ten to twenty reasons. That is because no two people set out to start their own business for the same reason, and everybody will have multiple reasons for why they decided to become an entrepreneur. One reason that one might give for setting off on their own in the world of business is because they do not like to be held down in a nine to five job that puts limits on their creativity. Instead of going to a job where they spend all day doing repetitive work for endless hours, they prefer to go out and define their own job by creating one. This allows them to work at something they love, and that they have had a hand in creating. Another reason is that they love to learn. When most people begin a new job, they must go through some sort of training. While this may stimulate the mind for a short while, once a person begins the actual job, not much learning takes place. For the next several years, the worker usually continues to endlessly do the same monotonous task. Although some people would be content to hold the same job for many years, without the need to further stimulate learning, this is not the case for everyone. Entrepreneurs, with their desire to always learn something new, enjoy taking on the task of starting a new business where they must grow and learn in the business if it is to be successful. A third reason some people set out on the task of beginning a new business is because they have an idea that they believe will make the world a better place. To them, a job is not just about making money; it is about the changes they can make in their world or in their environment. They have a vision for a product or a service they believe will enhance people’s lives. For these and many other reasons, entrepreneurs will set off on their own: starting a new business, running the business, and making every effort to pursue their passions.

What Makes an Entrepreneur

When it comes to starting and running a business, there are several characteristics that an entrepreneur must possess. Being positive is one such necessity. When starting a business, the business owner will face many hardships and issues that would make most people immediately or at least eventually give up. The positive-minded entrepreneur will see these as minor setbacks on his way to success; not as a permanent block to it. An entrepreneur who possesses a positive attitude will always look to the future and to the success of his business ventures by having the mindset not to think "I could never do that", but rather to keep in mind the attitude of "What can I do to accomplish that?" Another trait that is inherent in entrepreneurs is confidence. Although it may sometimes come across as braggadocio to some, this ability allows entrepreneurs to have a belief in themselves and their ability to accomplish the goals they have set for themselves, which makes it possible for them to succeed. In order to truly become successful in their endeavor, they must have an unwavering belief in their own personal ability to accomplish the goals they have set for themselves. A third characteristic that is necessary in the lives of entrepreneurs is to be hard working. Many people say that they want to start their own business so that they can be in charge and not have to work. The sad truth for these sorts of people is that in order for the business to succeed, they must work harder than anybody else. The successful businessman will log in many hours of work long after everyone else has gone home. Nobody will be as concerned about the business as the one who started it, thus they need to be there not just during working hours, but almost all the time. A business is a business not just during business hours, but rather twenty-four hours a day. The entrepreneur should also be an entrepreneur twenty-four hours a day.

© 2019 Stephen Moore

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