Starting your own business can be a lot of fun, satisfaction, and freedom. And starting your own business can be the scariest career move of you life–probably because there is no guaranteed formula for success.
So what are the qualities that bring about success? Ask the experts, and while there is a common thread, each one will suggest a little different quality or process that needs to be taken.
Entrepreneurs must have the right mindset. Mindset means that one must make a mental shift from that of being an employee to becoming that of an Entrepreneur. It is a life-changing decision–one that is full of great potential risk as well as great potential reward.
I believe that a new Entrepreneur needs a well developed Action Plan. To get to the Action Plan, one needs to start with a Business Plan. This initial Business Plan does not have to be extensive; but from a Business Plan, the Entrepreneur can then form a Plan of Action from which to get started. One of the suggestions I learned a long time ago is if you ever dreamed of owning your own business, then get right out there and get started.