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You are here: Home / Success Stories / Do you Have what it Takes to be an Entrepreneur?

Do you Have what it Takes to be an Entrepreneur?

April 1, 2010 By Monica S Flores

Are 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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    Monica S Flores

    Monica S. Flores leads large-scale web development projects in refactoring, redesign/redevelopment, digital platform buildout, & new product launches. She works with US-based & international associations, non-profits, public agencies, & startups on how to reach their communities online. Her focus is to build community, foster connectedness, & use her technology & management skills to make a better world. She believes each of us has an ability/obligation to use our knowledge, ideas, & talents to advance fairness, justice, safety, health, sustainability, & wellbeing. Find her books at Amazon or connect with her on LinkedIn.

    More Posts - Website

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Filed Under: Success Stories, Women Business Owners Tagged With: Entrepreneur, how to, quiz, self-test

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