No. of views : (3168)
Are you an Entrepreneur or a Wantrepreneur?
Posted on: 02/Jun/2020 9:11:21 AM
Don`t be a Wantrepreneur
A Wantrepreneur is anyone who spends their time and money on everything else except creating a real business.
Tony Robbins says - you have a brilliant idea that you just know is the next “big thing.” So you register a company name, order top-of-the-line business cards, design the perfect website. You even write a 50-page business plan. But months and months go by, and you still haven’t made that first 100.rs.
Sound familiar? It’s the story of thousands of aspiring entrepreneurs, who never truly put their ideas into action, and, in turn, never get any further than where they started. In fact, all they really ever achieve is the title: “Wantrepreneur.”
A wantrepreneur is anyone who spends their time and money on everything else except creating a real business. They focus on the external factors - the business cards, the logo, the website - which may be necessary components of the business down the line, but none of which will make that first sale.
Real entrepreneurs, in comparison, care about one thing: building a product or service that people want.
That doesn’t mean they won’t build the website or worry about marketing; they just aren’t focused on that. They are concerned with addressing pain points, providing a real customer value proposition, and creating a scalable, profitable, and sustainable model.
WANTREPRENEURS DON’T TAKE ACTION
It’s a common misperception amongst wantrepreneurs that merely thinking about an idea means they are doing something constructive about it. But mentally chewing over a to-do list doesn’t get you any further towards your goal. The same thing goes for reading books, learning the jargon, and telling everyone and their mother about your “business.”
Entrepreneurs make progress a priority. They strive to take a step forward - no matter how small a step - every single day. Because they know that if they don’t act on their ideas now, someone else eventually will. Even if their website, prototype, or product is not yet complete, they know they must take a leap of faith. Because no idea is unique until it is executed.
WANTREPRENEURS LIVE IN FEAR
Steve Jobs, Walt Disney, Oprah, Tim Ferriss. If you look at most successful people in the world, they’ve failed at some point. And you will too if you are going to grow a business - failure is just an inevitable part of the learning curve. The variable is, what will you do with that reality?
Wantrepreneurs and enentrepreneurs respond to risk in starkly different ways. Wantrepreneurs allow their fear of failure to influence their actions and behavior, and, in most cases, will not take action toward realizing their vision and creating what they intended. They make excuses - no funding, no resources, too difficult to break through - because if they don’t try, they won’t fail.
Entrepreneurs may fear failure, but they are more afraid of what life would be like if they don’t follow through.
The thought of not giving everything they have to bringing their idea to fruition would be the ultimate failure, and this moves them to action, no matter what. “
Gunasekaran Adhiseshan
Startup Coach & Author of “Startup Recipe”
Contact No: 9841237237
Facebook: www.facebook.com/coachguna
Mail Id: guna@coachguna.com
