This is a time of uncertainty – of people once again discovering they didn’t have security in a job but only the illusion of that. And thus we’ll see a whole lot of them become “accidental entrepreneurs.” Do you have these six characteristics that would allow you to be an entrepreneur?
Listen in to my interview with Gino Wickman, author of The Entrepreneurial Leap, to find out.
Hi this is Dan Miller – and yes you’re listening to the 48 Days Radio show – where each week we take 48 minutes to dive into real life questions about finding your passion, deciding what kind of life you want to live – and then finding or creating work that allows you to show up every day, excited to be able to do something that is meaningful, fulfilling – and profitable. This is where normal, indecision and ambiguity come to die. Welcome to the 48 Days Radio Show.
Questions:
What are the six traits absolutely necessary to be successful as an entrepreneur?
According to Gino, those are:- Visionary
- Passionate
- Problem Solver
- Driven
- Risk Taker
- Responsible
How early can we see the clues of entrepreneurship in children?
Gino says he does believe you’re born with these traits and many have looked back to recognize them as early as 6, 7, 8 years old.A look at your personality style and your likelihood of being a successful entrepreneur.
Find out more about the DISC Personality Assessment we provide at 48 Days.How a true entrepreneur responds to a crisis.
“In a 10-year business cycle, you’re going to have two great years, six good years, and two horrible years that will potentially put you out of business.” – Gino Wickman
- Understand this is a cycle and it will end.
- Have six months of living expenses saved so you can survive during these times.
- Realize that you have to do lay-offs in order to save the company.
- Be willing to get creative and completely reinvent your business.
What are the dangers of trying to follow in Mom or Dad’s career paths?
Let your children play and tinker with a lot of different things so they can choose.How do I narrow down from having lots of ideas?
Know your sweet spot. Determine your focus. Then pick one and go with it. Then move to the next one after that.Is it still possible to find a good mentor?
Quotation:
[click_to_tweet tweet=”‘Most great people have attained their greatest success just one step beyond their greatest failure.” — Napoleon Hill, author of “Think and Grow Rich” @48daysteam” quote=”‘Most great people have attained their greatest success just one step beyond their greatest failure.” — Napoleon Hill, author of “Think and Grow Rich””] Resource: e-leap.com Free Entrepreneurial Assessment and 16-Day ChallengeHow You Can Help The Show
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“In a 10-year business cycle, you’re going to have two great years, six good years, and two horrible years that will potentially put you out of business.” – Gino Wickman
My financial advisor puts it a little differently: “There are only two phases to the business cycle – bad times and preparing for bad times.” Yes, he’s quite bullish on business and the markets in general, but emphasizes the need to have liquid reserves available to cover those “Murphy” moments. Wise advise for businesses and for individuals.