Who Is An Entrepreneur?

Entrepreneurship is not complicated. We make it that way due to our pre-conceptions, values and false beliefs attached to it.  Everyone is gifted in some way. The real issue is whether we truly know our inner self, passion and skills.

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Entrepreneurship is the act and art of being an entrepreneur or one who undertakes innovations or introduce new things in an effort to transform innovations into economic goods.

This may result in new organisations or may be part of revitalising mature organisations in response to a perceived opportunity. The most obvious form of entrepreneurship is that of starting new businesses (referred to as Start-up Company); however, in recent years, the term has been extended to include social and political forms of entrepreneurial activity.

You need a specific mindset to be a successful entrepreneur. It is also very interesting to note that the ‘entrepreneur’ and ’employee’ mindsets are very much different in term of its meaning and perspective, but one is not necessarily better than the other. It boils down to each individual preference and liking. Bear in mind that everyone is unique and gifted in one way or the other.

Before we proceed further, we should seriously and honestly ask ourselves whether we would want to be an entrepreneur. The real attractive reward is that you would reap a lot of freedom and would be able to live on your own terms

If so, I am about to introduce you to a great good approach which will allow you to turn all possibilities to be an entrepreneur than you may have ever dreamed possible.

The digging deep tool that got me so deeply rooted into the core of who I am, and what can make me unshakable and unstoppable is the real and authentic me. It was critical for me to learn who I am and what my passion and true purpose on earth are. Steve Jobs once said that one of the surest ways to ensure the healthy growth of the endeavour you undertake is by truly enjoying what you do.

Through the above tool, I was able to uncover those blockages, letting go and moving through my life’s challenges to organically create a life of passion, autonomy, authenticity and discovering my purpose filled life.

The main features between Employment Mindset and Entrepreneur Mindset are as follow:-

Employment Mindset

  1. Rigid hours and follow others’ rules and regulations
  2. Less Pro-active
  3. Followers and only react to problems when arise
  4. Finding Job
  5. Fixed income and some incentives based on performance
  6. Complete the given tasks without much feelings

Entrepreneur’s Mindset

  1. More flexi hours and highly dependent on self-discipline
  2. Pro-active
  3. Leader and problem solver
  4. Creating Jobs
  5. Sky is the limit and based only on self0innovative ideas
  6. Have the passion to do the tasks out of own choice

One more distinction we need to understand deeply is with regards to an ’employee mindset’ and being an employee. Lots of employees have entrepreneurial mentalities that make them such great workers who understand their bosses’ perspective. They work as if they work for themselves and they tend to obtain job satisfaction through certain achievement and fulfillment, so to speak.

However, those with ’employee mindset’ usually are less self-confident and insecure, that’s why their preference for job security is much stronger than the earlier group. They want others to create jobs for them and bestow it upon them. There’s nothing wrong with having a job. You must know where you truly belong to. This is to ensure that you live life like you will never regret.

Nothing in the nature lives for itself,

Rivers doesn’t drink their own water.

Trees don’t eat their own fruit.

Sun doesn’t give heat for itself.

Flowers don’t spread fragrance for themselves……..

Living for others is the rule of Nature.

Once you discovered your passion, you must not let anyone stop you from pursuing your dream. If you have not, continue to explore until you find it. Don’t wait and stop. If you have, what are you waiting for? Let’s get started.

 

By James Oh

James graduated with a Bachelor’s degree in Accountancy from the National University of Malaysia (UKM) and Law degree from the University of London (UK). He is a Chartered Accountant with the Malaysian Institute of Accountant, Certified Professional Trainer with IPMA (UK) & Human Resources Development Bhd. His rich and diversified experiences, broad exposure, passion and commitment are definitely assets that set him apart from others. 

 

*Views and opinions expressed in this article are those of the writer’s and do not necessarily reflect the views and opinions of Entrepreneur Insight