15 Interesting Things About Entrepreneurs

Entrepreneurs or businesspersons, as you call it, strive constantly for recognition. They have their own traits and ways of doing work. They are focused and are keen to learn and implement new things in their work. Their work pattern is distinct and they mingle well with businesspersons mostly, as they share common interests, struggle, dedication, etc.

The minds of entrepreneurs work in a unique manner and if you are in a process of starting a new venture, then presented here are 15 interesting things about entrepreneurs that will give you a fair idea about their thought process:

1. They Want To Do Something Productive For The Society

The highest appreciation for an entrepreneur is the recognition he gets for his creativity and innovative ideas. Every entrepreneur strives to create something that is very useful for the society and at the same time builds his reputation and income.

2. They Are Ready To Take Risks And Are Wise Decision Makers

Whether you want to start a business by yourself or in association with friends or ex-colleagues, there will be risks in every venture. You may face financial crunch, your ideas may fail, you may not be able to find market for your products, etc and all these risks have to be borne entirely by the entrepreneur. It just takes guts and confidence in your talent to kick off the challenges and come up with new zeal to become a successful businessperson.

3. They Find It Difficult To Manage Time Effectively

Starting and running a business will require you to give time to the internal working of the business, external factors affecting business, constant analysis of newer markets, maintaining relationships with clients, managing finances, etc and if at all some time is left, then living a family life too. Even after delegating their work to subordinates, the entrepreneurs may find some other activity to invest their time in.

4. They Have The Habit Of Worrying

Every business sees ups and downs and entrepreneurs are required to direct all the efforts to maintain the ups and revive from the downs. They constantly worry about the health of their business and most of them hardly take a week off from work.

5. They Get Addicted To Beverages

Since entrepreneurs are over engaged and are burdened with the business tensions, they believe that their minds work after frequent cups of teas and coffees. Be it in meetings, cabin, outdoor business endeavours or working at home, they need their relaxing cup of tea/ coffee at regular intervals to give their mind the required zing.

6. They Are Always Ready To Market Their Business

While meeting a new person, every entrepreneur loves to be asked this question, “So, what do you do?” After this very question, they pounce up entire description of their business. They do it because they don’t want to lose any potential customer. They have a brief business proposal ready in mind, which they can present even when asleep. Moreover, wherever they go, they don’t forget to carry their very own stack of business cards!!

7. They Know How To Hide Their Flaws

Entrepreneurs need to be tricky while speaking about their business and in the manner they do business. You will find them very convincing at your first meeting itself. They tend to have a positive approach and they know how to keep their flaws aside. It is their experience and creative mind that they survive a showdown by grabbing new opportunities.

8. They Are Dominating

Businesspersons have typical mind and mindsets. They have their own opinions and they don’t encourage interference of subordinates in decision making. They are strict about performing a task in the ascertained manner and they can’t tolerate ad-hoc deviations.

9. They Are Capable Of Identifying Potential Areas Of Business

Entrepreneurs have a distinctive approach towards various events in life. They constantly have business on their minds and they leave no stone unturned in finding the next best business opportunity. With increasing experience, they understand well about the changes in the market situations and they love to be the early bird who catches the worm.

10. They Can Forecast Threats And Opportunities

Since they live a busy life, their time is fully utilised in developing their business. For developing their business outreach, they strive hard to keep a regular track at the market scenario. In this manner, they gain complete knowledge about the upcoming threats and opportunities.

They know it well that ‘Prevention is better than cure‘, so they gear up in advance to face the upcoming threats. There have been great entrepreneurs in this world who were known for converting an impending threat into a great opportunity.

11. They Know How To Be Soft Spoken In Front Of Customers/ Clients

Handling your own business becomes a mighty task when you are required to manage your staff, existing clients and potential clients. To become a good entrepreneur, you need have control on your emotions. At one time you need to behave strictly with your staff and at another, you will have to paste a long smile on your face while dealing with your clients…..especially the potential ones!

Recommended: 7 Essential Lifestyle Changes That Can Make You A More Creative Entrepreneur

12. They Want To Be Distinguished

No entrepreneur wants to offer the same thing as others in the market. They want their offering, their business to be distinguished. They are very concerned about how their business is perceived in the industry and whether it’s name is making a mark in the segment or not. They are aware of the fact that the success of their business utterly depends upon how unique they are.

13. They Are Often Misunderstood About Their Lifestyle

An entrepreneur’s friends, colleagues and other people apart from businesspersons believe that they live an independent lifestyle and they enjoy freedom in their work. They feel that since you are your own boss, then you have just issue an order to get work done.

14. They Are Quick In Replying To E-Mails

An entrepreneur dedicates his complete time and concentration to his work. He hardly ever thinks about anything except his business. Whether or not they keep their desk in order but they don’t refrain from replying to e-mails. They have the habit of replying to each mail with the hope of maintaining business relations and creating new contacts.

15. They Want To Handle Working Of Every Department

The most common feature of any entrepreneur is that they want perfection to surround them. They can’t tolerate imperfection. They ensure that every department is efficiently working and there is work for each and every employee in his organisation. They personally look into the functioning of every department periodically and believe in collective hard work.

MORE ARTICLES

• 20 Impressive Facts About Entrepreneurship
• 7 Signs To Know If You Have The Qualities Of An Entrepreneur
• 25 Reasons Why You Are Made For Being An Entrepreneur