Apr
01
Do you Have what it Takes to be an Entrepreneur?
ByAre you thinking about going into business, but don’t know if you’re ready?
You may have the skills to become an excellent entrepreneur.
- Do you believe in your business and are you willing to make it work for you? Your passion determines your ability to commit to the work.
- Do you have a head for numbers? You’ll need to make projections and identify price points, at least until you can get some excellent hired help.
- Do you understand cash flow? Money comes in (income) and money goes out (expenses), but the bills don’t come in at the same time as the e-payments and checks come in.
- Do you have clients or customers ready to pay you? (add two points)
- Do you understand who you will be selling to?
- Have you made some sales already (this is a good indicator!)
- Do you know what your own strengths and weaknesses are? You can always find someone to help “round out” what you don’t have.
- What is your work ethic? Would you enjoy working at your business? The hours are probably longer than what you have at a “regular” job.
- Are you somewhat competitive?
- Do you have an honorable and progressive idea about how to make something better, stronger, faster, more useful, more recyclable, or more effective, or more valuable to your customers?
- Are you willing to work with others in your community such as associates, vendors, suppliers, or partners?
If you’ve answered yes to 5 or more of the above, you may have what it takes to run a business.
If you answered yes to all, you’re probably already in business!
If you have a green business, I invite you to register in the Green Business Women directory http://www.greenbusinesswomen.com/?q=user/register.
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