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Entrepreneur, Work

10 Palpable Reasons Why People Become Entrepreneurs

Written by Franchell Gordon

Entrepreneurs are cut from a different cloth, unique in many ways. They come from different personality types, cultures, and genders.They are champions, full of determination, drive, and ambition. Entrepreneurs think outside of the box. Observing how things could be, instead of settling for how they are. They don’t need high levels of formal education to be effective and make an instant impact in any situation. Here are 10 palpable reasons why people become entrepreneurs:

1. They want to make a difference

Entrepreneurs have visions of pursuing their dreams, even if they are unconventional. Things that are not considered on the normal path of life, they may pursue.They get labeled as crazy, receive odd stares and judgment from the nonbelievers. Nevertheless, they push on to change the world one dream at a time.

2. They Embrace Having a Path of Their Own

Entrepreneurs are leaders, they embrace having a path of their own to fulfill their dreams. However, creating their own path is not always by choice. The lack of challenge and opportunity in the job market may push an entrepreneur to their pursuits. They create their own opportunity and use their skills that were neglected, by those they worked for and capitalize on them.

Robert Frosts poem “The Road Not Taken” explains this all too well. A business professor whose class I had taken shared a copy of this poem with me. I now share this poem with you, I hope it serves as a source of inspiration.This poem is for those who believe there is an entrepreneur inside of them.

3. They Desire Challenges

Entrepreneurs desire challenges. They are problem solvers, innovators and game changers. Given the right opportunity they can turn around a project, company or anything, they put their mind to. They are hard working and dedicate the effort to making a great change in the tasks they pursue. They have the ability to see things that others do not. Unfortunately, many are overlooked and their suggestions are brushed off and dismissed when working for others. However, an entrepreneur being the smart person they are, they decide to turn it around and use it to their own advantage in a business of their own.

4. They Crave Flexibility

Entrepreneurs crave flexibility they don’t prefer your typical 8-5 work schedule. They may work more or longer hours when working for themselves, but the flexibility will make all the difference. They will appreciate having a schedule that they have a better control over.

5. They Want More Stability

Whether it’s for their family or themselves entrepreneurs like the idea of more stability. The facts are that you can work at a company today and be laid off tomorrow. Entrepreneurs like the idea of being the determiner of their outcomes and financial security. You can work hard at a company, increase your skills and still not get a promotion, bonus or other forms of advancement. Even if you do receive a bonus they may give you a few cents or so which doesn’t go very far for really high achievers. Entrepreneurs know that when putting in the time, effort and hard work for their own business, it will pay off better rewards.

6. They want to create jobs

A driving factor to some entrepreneurs is that their passion may be able to create jobs. The thought that if they make enough money, their family members won’t have to go looking for jobs when they are laid off. Their family can always have a job when times get tough. I understand some believe work and family don’t mix. However, they still appreciate the idea of being able to help out family when in a crunch. With the economy the way it is unstable at times they like the idea of being able to do their part in helping out increasing jobs.

7. They are underestimated and overlooked

A lot of companies don’t understand what kind of amazing possibilities this type of person can bring to their company. Managers often overlook and underestimate the potential of this employee but sometimes don’t know this person exists.

8. They are passionate about change

Entrepreneurs can be passionate people because they actually care. They can see the difference in their minds before it is actually implemented. They can also see the destruction that will occur if something is not done about the situation. They can get frustrated, but this does not make them less effective it makes them human. Although, passion doesn’t always exhibit itself in the form of frustration. Passion can also be displayed in hard work, being focused and determined.

9. They are limited in the job market

Entrepreneurs at some point have felt stuck while working for others. With little room to advance, concerns not being heard or addressed, feeling undervalued and unappreciated by the management of companies they have worked for, they are likely to be tempted to start their own business. Many entrepreneurs leave their employment to fulfill their own destiny and succeed.

10. They know they can make a difference

Entrepreneurs know the power they possess to make a difference. They have high confidence in their abilities. Although, others sometimes can’t see the power in their abilities. Entrepreneurs can see their vision so vividly as if it was right in front of them. This is sometimes the motivation that keeps them determined, they can see the end result as if it already were in existence.

Being an entrepreneur is about a mindset, it is engraved in a certain individual. Whether or not they possess all the traits at the current time, at some point in their life it will develop inside of them. Like a flower destined to bloom or an eagle destined to soar it is their destiny to thrive. It doesn’t take formal education completion for these individuals to thrive or to be successful, it’s only a matter of time. Mark Zuckerberg (founder of facebook) and Blake Mycoskie (Creator of Tom’s) are just two examples of two successful entrepreneurs who did not complete their higher education but still achieved greater levels of success.

Featured photo credit: Jonathan Cox/Brandon Warren via flickr.com