Develop an Entrepreneurial Mindset


Think like an entrepreneur

It’s almost impossible to be an entrepreneur if you haven’t developed an entrepreneurial mindset. Yes, you have to be able to think like an entrepreneur if your entrepreneurship is to be a success. Sometimes though, it is easier said than done, because if you have been an employee in a structured corporate environment and want to break out of it to start your own business, some retraining of the mind may be necessary.

Following is a brief narrative that relates directly to the retraining of your mind with the desired result of completely reeducating yourself in entrepreneurial thinking and ultimate self-employment in a field of your choosing, if not of your dreams.

The obstacles within

A very valuable lesson learned by many entrepreneurs is realizing that one of the biggest problems in becoming self-employed came in the form of obstacles created by themselves. In order to be a self-employed person it is necessary to start thinking like one. I was one of those entrepreneurs before I changed my way of thinking. I found myself reverting back to that nine-to-five mentality in the sense that If I wasn’t accomplishing a task every hour, then I must not really be working.

Sometimes a self-employed person has to make decisions about his/her business. Sometimes s/he is just thinking about a solution to a problem. Sometimes s/he just has to quiet his/her mind so new ideas can formulate. Just because you’re not pounding away at the keyboard or some other office gadget every minute doesn’t mean you’re not working.

Learn to ignore distractions

 

I’ve also learned that it’s okay to NOT answer the phone every time it rings. That’s what voicemail is for, and the same goes for email. At my nine-to-five job I would leave the email program open all day and answer each one as it arrived.

It took me a while to realize it’s okay to only check email several times a day instead of constantly being interrupted. Periodically checking your email is so much more productive than having to stop your thought process every time “you have mail.” At my other job, I was able to let a phone call roll over into voice mail, but it took me a while to be able to shut down the email too.

You’re going to have days where you feel you didn’t accomplish much. Then again, you’ll have days where you’ll feel you can conquer the world and you’ll be amazed at how much you got done. Some days you may not finish many tasks, but you’ll make a decision on a problem that needed to be addressed. Or, you will have learned a valuable lesson about yourself.

Think big picture

And, I had to learn to stop breaking down all my tasks into dollars and cents. I tended to worry about how much I was or was not earning every day. The truth is, some days you’re going to make more money than other days. If I spent my day on marketing issues, even though I didn’t earn any money from it that day, I would benefit from it some time in the future.

Rather than worry about what benefits I do or don’t have, I realized the benefit I have in my business is that I answer only to me. Everything I do will benefit me sooner or later. Instead of my income being dependent on somebody else’s budget, I can go as far as I dream.

And because I’m now doing what I truly love and not what someone else tells me to, I’m much happier and more content. I learned if you start thinking like an entrepreneur, then you’ll actually be one; And a reasonably successful one, thank you very much.

Completing the transformation

The above narrative could have been written by any one of thousands of present-day entrepreneurs who had previously been employed in a nine-to-five position and was forced to reformulate his/her entire outlook during the conversion from employed to self-employed. Some instances were voluntary while others were forced due to economical circumstances, but in all instances the mindset had to be changed.