3 Pillars of Being an Entrepreneur

The definition of an entrepreneur differs in dictionaries, articles, and books, depending on the context. When you google the word “Entrepreneur” this is what it will come up with: “a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.” And, let me tell you my friends, this definition merely covers a businessman.

I think “Entrepreneur” is more than that. The best definition that fits the word Entrepreneur is this : “An innovator or developer who recognizes and seizes opportunities; converts those opportunities into workable/marketable ideas; adds value through time, effort, money, or skills; and assumes the risks of the competitive marketplace to implement these ideas. The entrepreneur is a catalyst for economic change who uses purposeful searching, careful planning, and sound judgement when carrying out the entrepreneurial process. The entrepreneur – uniquely optimistic and committed – works creatively to establish new resources or endow old ones with new capacity, all for the purpose of creating wealth.” 

By saying 3 pillars of entrepreneurship, I mainly mean three things each entrepreneur is expected to have other than their main characteristics. Also, these are three common things employers look for when they hire people.

  1. Aptitude
    • A person’s abilities as a businessman/businesswoman. Their like-mindedness with the business mindset.
  2. Character
    • This is mainly about the ethics of a person, how they react to certain cases, what would they do if they were having a problem, or conflict with their colleagues.
  3. Enthusiasm
    • The passion for business, for making things happen, and for reaching out to people. Enthusiasm is the remedy for de-motivation. Actually, to paraphrase enthusiasm is the resource for motivation. Only enthusiastic business people can stand still through rough paths of the never-ending journey of entrepreneurship.

This was it for this post, if you have any suggestions or counter-arguments, please let me know in the comments.

Also, If you were to describe entrepreneurship with one word, what would it be?¿




4 thoughts on “3 Pillars of Being an Entrepreneur

  1. I love that a persons character, and enthusiasm can be more important than their aptitude. Skills can always be learned but a drive, and a good character are something that only come naturally! Great post!

    Liked by 1 person

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