What is an Entrepreneur?

Business Entrepreneur

Having your own business is more than just creating a job for yourself and running your own company.  You will have to manage the basic roles of marketing, finance, administration, and the responsibility of personnel.  It is rare for one person to play all these roles equally well.  To get the best results you must know which parts you can handle yourself and which parts you are going to need help with.  Think about where you spend your time and where you are the most profitable.  The time you spend in your business should be based on this principle: put yourself in a position where your profitability is highest.  It is easy to see the potential of others but take the time to position yourself there as well.

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This entry was posted in Qualities of an Entrepreneur and tagged , , . Bookmark the permalink.

2 Responses to What is an Entrepreneur?

  1. As an entrepreneur, I know the meaning of being a “jack of all trades” when I need to be. From billing and banking to marketing and social media – I’ve learned to do it all. You make a great point that it’s to a business owner’s best advantage however to know when to outsource certain tasks. For me this is something like taxes. My time is best spent building my business while hiring someone who knows business taxes to do them. In the long run, this small investment saves me money and allows me time to earn more through working more.

    • Erin says:

      Definitely – and for some of us it doesn’t come naturally to see that our time is in itself a valuable resource but the lesson is a necessity. Thanks for stopping by!

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