WHAT MAKES ENTREPRENEURS DIFFERENT?

 

(Lt Cdr (R) John Livingstone is Founder & Managing Director of Johnnette Technologies. He was a UAV (Unmanned Aerial Vehicle) External Pilot in the Indian Navy before venturing into the business world. He also conducts test flights for small UAVs. Johnnette publishes India's first and the only magazine on unmanned systems titled Unmanned Flying Machines. The magazine has grown from a humble startup to an international recognition today. John is an entrepreneur with a vision to create more jobs and make India a stand up country without unconscious dependence on foreign sources. During his free time he strums his lead guitar.)

 

It is an undeniable fact that entrepreneurs are certainly different from rest of the people. They are different from common people, from political leaders, from rulers and kings, from military leaders and you would wonder they are even different from business men and women. How? Below is the list that makes them so different from others and if you have them in you then make sure you take this challenging path that sure will have success if you indeed are an entrepreneur.

 

Connecting to the People.

Entrepreneurs connect themselves to the people and not to the businesses. They see opportunities in people not in business plans. They try to identify problems revolving around the people and try to solve them. This single most ability to connect to people is what makes social entrepreneurs the change agents for a better tomorrow. A solution to today’s problem can the business of tomorrow.

 

Fastest decision makers.

Entrepreneurs are the only ones who make the fastest decisions ever and more than anything they stick to their decisions no matter what. Anyone else will buy time to make a decision and start working on the pros and cons of a situation. But entrepreneurs have the ability to make quick decisions and somehow it works towards profitable outcome, most of the time.

 

Best risk calculators.

Most of the businessmen do the wrong risk calculation and end up losing lots of money. But entrepreneurs for sure are the best risk calculators. They don’t become those Mavricks who take chances to cross the line of border, but believe me entrepreneurs would make an accurate touch and go to the end of that limit but will not cross that border. They precisely know where to draw the line and will take a corrective action before something gross can happen.

 

Think like buyers and talk like sellers.

They are the only ones who can penetrate the minds of a consumer and say “what’s in it for me?” When they strategise they exactly think like a customer and when they execute they are the best salesmen. Every entrepreneur has to sell his/her product, and if he cannot he better quit being an entrepreneur. Selling has to be in their blood.

 

Sober & Sane.

They may drink but are sober; they are insane about their business but are sane about people. This is something others lack and fail to implement in their day to day lives. Many businessmen weren’t sober and sane, whilst all entrepreneurs have been always sober and sane.

 

Visionaries of tomorrow.

They are the visionaries of tomorrow. You check out any business plan they are serious about, you will find the financial planning at least for the next five years. And some great entrepreneurs have written business plans for the next 500 years. They believe if not for 500 years the plan will be in force for the next 50 years. That is where they hit the success rate of their business plans. Vision is something they sleep with and mission is something they get up with in the mornings.