"Entrepreneurial Spirit"

Have you ever asked the question of yourself what does it take to run a business enterprise? Many have asked and even tried their hands at running their own business and have failed. Why did they fail? The answers vary. Many say that one of the main reasons business fail is a lack of capital but conventional wisdom says that most companies fail because of poor management.

This being said we can now address the question that this article is all about: Who are entrepreneurs? In my mind entrepreneurs are the pioneers of the business world. They are individuals who are willing to risk everything to succeed in business. They come in all shapes and sizes. They are well educated and some barely educated at all. But they all have one thing in common they are willing to pay the price and take the risks of launching a business enterprise.

Usually you can determine if it is an entrepreneur running a business enterprise or a wanna be simply by looking at the decisions they make. Entrepreneurs are those who look at the records that have been compiled and make their decisions based upon their inner spirit. They are driven to do what many are afraid to try and go where others dare not go. Entrepreneurs are a special breed of risk takers.

You and I become entrepreneurs when we lose the fear of failure. This trait can be developed but great entrepreneurs seem to be born with this instinct. Therefore you have differences among those who have risen to the legendary status of entrepreneur. So many times decisions are made simply based upon a feeling the entrepreneur has in his heart. He or she follows his or her passion and is rewarded with the prize (whatever it may be).

Also entrepreneurs are those who are persistent. Each time they fail they get right back on their feet and try, try again. If a person is a true entrepreneur they have no quit in them. They see failure as simply a stepping stone to success. Many of them believe that each failure is simply a door that leads to success.

Can you be an entrepreneur? Yes you can be an entrepreneur if you do these three things well. First, can you handle disappointment? In business there is certain to arise some bad days and a true entrepreneur will chalk it up to growing pains and move on with running the business.

Secondly, can you run your business when funds are low? True entrepreneurs find ways to keep the company going even in the face of great adversity. Finally, can you work alone? Leading any enterprise can be a lonely thing but when you are starting a company and success is no where on the horizon and all you have is your dream many fall along the way. True entrepreneur's will continue on in spite of all the pitfalls and obstacles that lie in their path.