Could you work for yourself?
According to thousands of people on Twitter and Facebook, seems like every other person is a CEO or business owner! If that were the case, the economy would be a lot better. But unfortunately, it’s not. Few actually have what it takes to be their own boss.
So what are the traits commonly seen in real-life, self made entrepreneurs?
Check out the list below to find out. Then ask yourself if you have any of these qualities. Which ones do you have? And which need improvement?
Who knows? You may have all of the necessary characteristics without even knowing they could help you be your own boss!
I’ve taken the liberty of finding real world examples for each of the traits. So that you can look at a realistic example of how each trait prepares you for business. Be honest in your evaluation of self. It’s the only way you’ll be able to get through life after high school with your sanity.
5 Characteristics of Real-Life Bosses
Keep your goals at top priority, but be flexible enough to overcome outside obstacles.. and there WILL be obstacles.
There’s no other way you’ll make it through the endless administrative work, the hold ups at the bank, the delays in the mail, cash flow issues and everything else that will come at you when you decide to be your own boss. I can’t think of a better example than Miss Tiphani Montgomery. Read her story and let it marinate!
If you really want to build your own empire, at some point you’ll need to hire someone. Most only see the positive side to that, but being an employer is no walk in the park.
Excellent leadership keeps workers happy, loyal and productive. Google is hands-down, the best example I could think of… mostly because of the many times they’ve been voted “Best Place to Work.” Co-founder and CEO, Larry Page sure knows how to keep smiles on his employees’ faces.
A successful business needs structure and streamlined processes in order to function at its best. If you want to be your own boss, you’ll be in charge of everything.
You have to make sure taxes are paid
on time. You have to work under budgets. You have to retain important documents. Organization is a MUST. As the owner of THREE businesses, Carmen Coker is the organized entrepreneur.
You will work 50+ hour weeks. There will be nights when you won’t get to see your pillow. Sometimes friends will want to go out, but you’ll have prior business engagements. You may not see family as much.
It’s important to understand – right here, right now – that you have to sacrifice to be your own boss. But if you’re doing what you love, the sacrifices won’t seem so bad. Caleb Wojcik, successful web entrepreneur, shares his experiences with sacrifice here. Take note.
I’m not talking about the blind optimism that causes startup businesses to crash and burn. I’m talking about the kind of optimism that makes rejection acceptable. If you plan to be your own boss, you’ll have your fair share of doors slammed in your face. Let’s face it. It happens.
Successful entrepreneurs are prepared for that. Startup entrepreneur, Jia Jiang knows just how important it is to be able to handle rejection optimistically. So much so, that he’s trying to be rejected! Read more about what he calls “rejection therapy.”