Becoming your own boss is a goal for many people, but some people are better suited to this lifestyle than others. Knowing how you are likely to react to events will help you achieve your goals.
- Are you comfortable with a lot of responsibility? Entrepreneurs often have no backup and are responsible for the success or failure of their business.
- Do you enjoy interacting with people? Almost all entrepreneurs have to do a lot of customer service, particularly at first. If you aren’t good with people, you may have difficulty getting your business off the ground.
- Are you able to accept uncertainty and even failure? Even the most successful entrepreneurs — for example, Bill Gates, Steve Jobs, and Richard Branson — have had businesses fail on them, often several times, before they found a formula that worked.
- Do you thrive on problem-solving and creative solutions? Entrepreneurs at all levels face many problems that they need to find creative solutions for. A high tolerance for frustration and the ability to think through problems will serve you well as an entrepreneur.