Monday 7 July 2014

Mindswitch: EMPLOYEE to ENTREPRENEUR

MINDSWITCH: EMPLOYEE to ENTREPRENEUR
Mindset is probably the major determinant of success
As a ex-employee how differently will u have to think to succeed as an entrepreneur?
1. You're responsible for all decisions -good and bad: opportunities may be short-lived, so you must develop a sense of urgency.
2. Hold both short and long-term visions simultaneously: what you do or don't do now will have an impact down the line.
3. Feeling uncomfortable is your new comfort-zone: as an entrepreneur, there is no box; always reaching out to new horizons.
4. Learning is a continuous journey: e.g. Learning spreadsheet;  presentation skills e.t.c.
5. Numbers don't lie: your cash flow will keep you in or out of your business.
6. Love your business, but be objective: you will need to work on the business, not in the business;
7. Enjoy breaking rules: entrepreneurs aren't interested in the status-quo.
8. Time is not linear: An employee has a timetable;  an entrepreneur is always thinking about the business.

Let's have more of your views about what needs to change from being an employee to being an entrepreneur.

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