The Entrepreneurial Spirit - Part One

People always want to be among the winners or victors but not everybody is ready to pay the price. You may look at Bill Gate of Microsoft or Andrew Osakwe of Summit Ministries and say to yourself "I want to be like these men or even become greater than them". It is a good disposition and dreams but my question is always this: are you ready to pay the price? Are you ready to do some of the hard things they did? To take the decisions some of them took? It is easy to dream and above all, it is a free commodity. Nobody pays anybody any dime just to dream and vision. You can dream all you want but also be ready to do what it takes to bring such dreams to reality. The essence of this article is to show you what the successful entrepreneurs do that others don't do; the kind of spirit they carry.

Every entrepreneur has a dream

This is one basic asset every entrepreneur has. They all have dreams because without it, they get nowhere even when others think they are somewhere. It's like setting out on a journey without knowing where to go. You get to the ticket booking office or the bus station and say "I am traveling but I really don't know where I am going to". Everyone will think you have gone crazy. Its funny but that is what most young entrepreneurs do. They just set out and launch with a dream and a vision.

Your dream is like a propeller, it pushes you even when you feel like giving up. It is something you look up to achieve. It is only when you get there that you could say I have fought a good fight as Apostle Paul said in the Bible. This dream is not achievable over night; if it is possible then it is not a dream. It must be broken down to smaller achievable points; for example: X years goal, Medium term goal, small term goal, et cetera. Goals will be dealt with in another article. But what I am trying to establish here is that every entrepreneur must have a dream.

Every entrepreneur has a need to meet

What makes you an entrepreneur is the fact that you have been able to identify a need you are meeting. Every element of being successful entrepreneurs inter connects with each other. For example, meeting a need must be factored into your dreams or else you will have something missing and that can frustrate you big time when you launch out. You must be willing and able to create value by providing answers to questions or solutions to problems for you to be a successful entrepreneur.

People are always wiling to pay for quality solutions, for things that make life easier, things that help do things faster and smarter, et cetera. The reason why Mr. A would prefer to pay the laundry man more money to wash his suite than what he would spend on soap and wash by himself is simply because the laundry man's job is to wash and he is most likely going to wash it better and faster. Mr. A would have saved his energy and time for his core business.

There is always this driving force to succeed in every successful entrepreneur that separates them from others. That is the same reason several people may start a business but along the line, some fall off why others take over the entire business. We will dwell more on these aspects in the part two of this article.

Charles M. O. is a Social Entrepreneur, an Independent Consultant, a Motivational Public Speaker, a Financial and Investment Analyst. He maintains a Wealth Creation and finance blog at http://www.chamotservices.blogspot.com.