Entrepreneur Checklist
by Barbara Reinhold
Here are 10 qualities that most entrepreneur-watchers agree are necessary
to make a go of it on your own. Look over the list below and check off the
ones that seem to describe you. Then, as a check on yourself, ask somebody you
trust to look over your responses as well. How do you stack up against
these 10 entrepreneurial requirements?
__ Like to do things your way.
__ Have high energy and endurance.
__ Are a risk-taker and able to tolerate ambiguity.
__ Work hard, have good follow-through.
__ Like to dream up new ideas.
__ Want to make money, and are not afraid to borrow it to finance your
ideas.
__ Are able to persuade others to go along with your ideas.
__ Can take rejection and keep going.
__ Are a good strategic thinker.
__ Network effectively.
So what was your score? If you got 8 or more, you'd probably be a great
entrepreneur -- and might find yourself chafing under the constraints of
working for somebody else. Here is one online resource for checking out
whether entrepreneurship might be for you:
On the Web: Definitely visit the online version of Entrepreneur
Magazine. This month you can
read about 13 millionaires in their 20s and 30s and how they turned their wild
ideas into independence and cash.
The magazine in its print form is a great resource, too. It's well worth
the inexpensive price of a subscription to have great ideas for being your own boss
arrive in your mailbox every month. To subscribe, call 800-274-6229. The December
issue, for instance, listed 1998's hottest new businesses. Among them were juice
bars, home meal replacement, day care centers, Internet marketing, soup
restaurants, wraps (the edible kind), professional employer organizations,
specialized staffing, job training/retraining, electric utilities,
recycling consulting, assisted living facilities, mail order health care, and adult
day services. Anything there that you and a gutsy friend could get excited
about? If not, toss around a few of your own ideas.
So if you're about to go into job-search mode and feeling less than
excited about it, perhaps you should think about whether you wouldn't really
rather be doing your own thing one of these days!