look at your business as a stepping stone to expansion?
Are you always focused on the next idea?
Can you see a new market, and product offering, in just about every direction you look?
Are your ideas akin to a hot wire that just been cut, sparks flying in every direction without harnessing any of the true power?
Are you making connections that only a chosen few see and understand?
Does this sound like you? If it does, then we can establish you are an entrepreneur.
Now for the other type of person.
Or are you clearly focused on the business you are in?
Do you have plans, charts and diagrams that plainly demonstrate your company’s future growth?
Are you working from a firm budget that is going to deliver predetermined results?
When you look at your business do you have a vision of expansion as opening another store?
Maybe a chain of stores?
Possibly even your own franchise?
If you relate to this business model, we’ll consider you a business owner.
No right or wrong here…
Let me say that there’s no right or wrong about either of these professional types. One is not preferred over the other. They are just really different.
The entrepreneur is consistently in development mode. They’re trapped in a small space, physical body, when their minds are all over the place. Entrepreneurs are business creators. They love the thrill of birthing a new idea but often get bored with it when it’s up and running.
A perfect world scenario would be to build the business then sell it to a business owner or have someone else take over the day to day operation. This would allow the entrepreneur to get some traction and acquire the necessary resources to engage the “doers.” The best case would be to hire people to make their ideas happen.
The business owner sees the logical progression of things. They often focus on systematic strategies that produce slow and steady progress. For them logical and practical are the way to make things happen. They leave the innovations to others. They are perfectly happy to run businesses in industries developed and created by entrepreneurs.
Tomorrow, I’m offering advice
On how to maximize your type and make it work better for you. In the meantime, think about which type you are and let me know what challenges you might be experiencing because of it. I’d love to hear your issues and hopefully address some of them in the next post. Thank you.
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