What kind of Entrepreneur are You?
The basic of becoming an entrepreneur is that you must be enterprising enough to organize and manage any business or enterprise with considerable initiative, plan, strategy and risk.
Technically there are four grouping of entrepreneurs:
1. Network Marketers
This fearless group is comprised of individuals in traditional multi-level marketing, internet marketing, direct sales or internet marketing.
This group is currently participating in a business opportunity so they have already shown their ability to take risks and make investments in themselves.
These people do not live "in a box". They do not like corporate structure or limitations. They have the ability to visualize financial security and personal freedom. So why do so many in this group fail to succeed?
Unfortunately, this industry is plagued with old school beliefs, training and false messages about "overnight success".
It has been proven that when you take this type of person and give them the proper training and personal success coaching, it is very likely they will make a full time income in the network marketing industry. Many will go on to build massive wealth.
2. Small Business Owners
These individuals are the biggest risk takers. They typically borrow six figures in order to start their businesses and are often times in a "sink or swim" situation.
The owner of a small brick business will work long hours without pay for the first few months or years of their business. It is known that most small businesses fail.
Why is that? Poor planning, lack of capital, burn out, unreliable employees and changes in the economy are common reasons businesses fail. The good news is many who fail at one small business idea go on to succeed with another.
3. Straight Commission Sales People or Brokers
I consider these individuals "entrepreneurs" because they do not have a salary to depend on, and they are often responsible for their own self-motivation and inspiration. This group must be disciplined and organized in order to succeed.
Realtors, loan officers and insurance sales people are a few positions that represent this group; and many of these people have seen their sales sharply decline due to the unstable economy.
Even the sharpest professionals in this group have been forced to find alternative methods of income during this economic downturn, and many have turned to network marketing.
4. Employee
The final group is comprised of individuals with the resolve for change. These people might be trapped in a 9 – 5 hourly job, but they know it is not for them. They are searching for the right opportunity, and they are willing to learn.
Conclusion
If you identify yourself with any of the above groups, then you are clearly in a position to achieve financial security and personal freedom!
Defining your “limitations” is the first step toward overcoming them!
Identify your strengths and weaknesses first, and you can then create a business plan that will catapult you to success.
Thank you.
The basic of becoming an entrepreneur is that you must be enterprising enough to organize and manage any business or enterprise with considerable initiative, plan, strategy and risk.
Technically there are four grouping of entrepreneurs:
1. Network Marketers
This fearless group is comprised of individuals in traditional multi-level marketing, internet marketing, direct sales or internet marketing.
This group is currently participating in a business opportunity so they have already shown their ability to take risks and make investments in themselves.
These people do not live "in a box". They do not like corporate structure or limitations. They have the ability to visualize financial security and personal freedom. So why do so many in this group fail to succeed?
Unfortunately, this industry is plagued with old school beliefs, training and false messages about "overnight success".
It has been proven that when you take this type of person and give them the proper training and personal success coaching, it is very likely they will make a full time income in the network marketing industry. Many will go on to build massive wealth.
2. Small Business Owners
These individuals are the biggest risk takers. They typically borrow six figures in order to start their businesses and are often times in a "sink or swim" situation.
The owner of a small brick business will work long hours without pay for the first few months or years of their business. It is known that most small businesses fail.
Why is that? Poor planning, lack of capital, burn out, unreliable employees and changes in the economy are common reasons businesses fail. The good news is many who fail at one small business idea go on to succeed with another.
3. Straight Commission Sales People or Brokers
I consider these individuals "entrepreneurs" because they do not have a salary to depend on, and they are often responsible for their own self-motivation and inspiration. This group must be disciplined and organized in order to succeed.
Realtors, loan officers and insurance sales people are a few positions that represent this group; and many of these people have seen their sales sharply decline due to the unstable economy.
Even the sharpest professionals in this group have been forced to find alternative methods of income during this economic downturn, and many have turned to network marketing.
4. Employee
The final group is comprised of individuals with the resolve for change. These people might be trapped in a 9 – 5 hourly job, but they know it is not for them. They are searching for the right opportunity, and they are willing to learn.
Conclusion
If you identify yourself with any of the above groups, then you are clearly in a position to achieve financial security and personal freedom!
Defining your “limitations” is the first step toward overcoming them!
Identify your strengths and weaknesses first, and you can then create a business plan that will catapult you to success.
Thank you.
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