Lean More About Entrepreneurship and Courage
I recently read that Walt Disney had put this high on his
list of requirements to be a successful entrepreneur. Let’s face it this is a
man who created an amazing empire from a cartoon mouse!
The first consideration is this – if you are currently
employed, or were most recently employed and now have decided that you would
like to have your own business, do you have the correct mindset?
When you are employed there is normally a regular paycheck
at the end of every month. Depending on the job and your level there may be
other benefits like medical insurance, company car etc.
When you become your own boss, these financial
responsibilities are firmly on your shoulders. The issue is how will you react
and cope with times when the cash flow into your business is not enough to
cover your personal costs, and the costs of those who may work for you
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| Lean More About Entrepreneurship and Courage |
This is really where courage has to come to the fore. When
things are going well, life and business seems easy, but when conditions are
adverse, that is when courage is needed.
It is also required to commit to new products, new markets,
major expansion etc. Obviously it is not the only quality required to be a
successful entrepreneur, but a highly essential one.
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