Self-confidence, The Key To Realizing Entrepreneurial Zeal

By Author: ourbusinessladder
Total Articles: 4
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As an entrepreneur, the first quality you need to augment is self-confidence. It will be normal for all people to feel that they are confident, but an entrepreneurial self-assessment can establish whether a person is indeed confident enough about his abilities to see a venture come through successfully.
7 Qualities of Self-confident Entrepreneurs
You are a self-confident person if you have a majority of the following qualities:
Measurable Results
You believe in attaining measurable results rather feeling satisfied with your accomplishments. As an entrepreneur, you cannot applaud your own thoughts and sense of well being. What is more important is to reduce your success into writing (and of course what you think you failed to achieve within a time frame). Have a metric in place (and renew it periodically) that reflects the realities of your times. You can include such information like cash flow achieved, new markets captured and innovative products you introduced and so on.
Optimism and You
You have a positive attitude about your competitors and you are generally optimistic that good days ...
... are just ahead. As an entrepreneur, you need to feel good about yourself. When you feel good and energetic, you transmit this quality to your employees and people who work for your business. An energetic person is mostly able to convince investors and bring in the scarce cash to take his or her enterprise ahead. When you become a doubting Thomas of your own objectives, people around you feel the same way. This is not good for achieving targets and pushing your organization ahead.
You Dare
You are tempted to try what others consider as tedious and difficult to achieve. Entrepreneurs are a rare breed who try to achieve what others consider as impossible or not worth the efforts. Do a small entrepreneurial self-assessment test on yourself and check how often you have dared to take on challenges. For a born entrepreneur, assuming risks and trying out the impossible is a way of life. If you have tried this many times in your life, chances are you are someone with a zeal to show the world that you can.
Fearlessness
You don’t mind new competitors trying in your chosen line of activity. Yes, this is almost true of all entrepreneurs who made it to the top. Typically, a born-to-achieve entrepreneur will make his products or services so exclusive and of such quality, and so advantageously priced that not many will dare to challenge. If you welcome healthy competition, it simply shows that you are a confident person ready to meet any challenges of the highest order. This is another feather on your entrepreneurial self-assessment test.
Failure is Stepping Stone to Success
You are willing to learn from failures and convert your experiences into useful assets. Once bitten twice shy is not an entrepreneur’s cup of tea. The urge to try again and again using a different (reasonable) variety of tactics is an in-born quality of people who have shown the world their entrepreneurial skill. A born entrepreneur will simply brush aside failures as temporary setback and he or she will strive to set the business on a right course with renewed vigour and energy.
Fighting Against Stress
You don’t feel stressed and manage time effectively. People who radiate self-confidence are seldom stressed and this they are able to do because they are good at managing time. As someone aspiring to start your own business, you must understand that it take two hands to clap. If you are someone good at deputing your work, you will feel less stressed and this goes well for business. Don’t ever forget that keeping your work light will release more time for doing what you are good at. You will get more time for making strategies, motivating your staff and generally enjoying your work.
Unique Thoughts
You have an instinct to think of products and services that have never been tried by humans. Do you know that the telephone and voice recording devices that we take it for granted nowadays were very unique products from the minds of people who thought radically? Do you know that motor cars, telephone and gramophone were once dismissed as useless inventions but went on to become success stories?And these are the same products without which life is unimaginable.
Do not feel dejected if you don’t have these qualities in your entrepreneurial self-assessment test. Self-confidence can be nurtured in many different ways.
4 Tips to Build Self-confidence
Here is what you need to do to build self-confidence. This though is not a full list, you will find it useful.
Learn to manage stress
Stress is a killer and if not checkmated it attacks your self-confidence first. Stress has the potential to weaken your capacity to think wisely and plan strategies. I will recommend readers to read books on this. There also some excellent free resources in the internet.
Learn from successful entrepreneurs
Self-confidence takes deep roots in people who admire successful people. Though circumstances may be different from individual to individual, there is always a clue in your context that you can emulate.
Document Ambitions and Goals in a Diary
Human memory can be really weak and it is normal to be lost in the wilderness. When you write down your thoughts, you are able to commit yourselves to achieving it, and that within a time frame.
Self-Motivate and Motivate Others
When you motivate yourselves, you also motivate others around you, especially your associates and employees. A motivated associate can motivate you during those when you feel sullen. Keep yourself out of reach of pessimists – I suggest this because they never have anything good to say. They will only have reasons to tell why not to do, not why to do.
The power of self-confidence is enormous and you can count upon it for realizing your dreams. An entrepreneurial self-assessment can tell you where you stand as of now. Self-confidence is attainable by carefully cultivating some habits you have not known exists.