YOU ENJOY TAKING RISKS
Whether it’s an extreme sport or debate competitions, you’ve always been the go-getter. Routines and four walls bore you and you find the need to be constantly on the move and meet at least 2 people a day to discuss your aspirations or ideas in order to convince yourself that you’ve achieved something for the day.
LEAST BOTHERED ABOUT FAILURES AND CRITICISM
If you are not worried so much about not getting it right the first time and view failures as opportunities, you might just make the cut. Most successful entrepreneurs didn’t always get things right at first attempt. It helps to have a supportive group of family and friends that will make failures all the more tolerable but at times, being Malaysian, you are likely to get raised eyebrows and a little of those “Aiya…don’t waste your time leh!” lecture before anyone sees that you are being serious about charting your own career path
YOU EAT, BREATHE AND SLEEP YOUR BUSINESS
When the idea of your business gets integrated with your daily life; when it’s the first thing that pops into your head when you awake and the last thing you think of before hitting the sack; when that line or scene in that movie or song give you random ideas to improve your business plan; you should act on your plan.
SOUND KNOWLEDGE AND GOOD EXPERIENCE
Let’s face it. No one is crazy enough to invest or startup a business without having the know-how knowledge. So, if you are constantly googling things up to learn and better yourself, speaking to people about your business all the time and know how the market can work
A GOOD BANK BALANCE
Most entrepreneurs we know, had or still have a fulltime job that will give them the flexibility to manage their new business. Starting off new business plans requires you to spend some amount of money on your own before you can make it sustainable or secure a funding. At times, you won’t be able to enjoy any immediate monetary gains and you don’t mind scraping some amount from your savings
You have no issues with your colleagues should you have a full-time job but if you feel like you’ve been put into a cage and are given daily tasks, or find it difficult to jive with your environment and office mates (and this is not happening for the first time), you are probably not cut out for an office environment and are better off self-employed.
You have established the fact that you are a go getter but if you are one of those rare souls who know how to pick yourself up from every curve or downhill battle, you are mentally and emotionally ready to become an entrepreneur. Every mentor you meet would probably tell you that you are up for a bumpy ride. You are definitely ready if you mentally manage to turn every negative word or situation into something inspiring.