16 Relateable Reasons Why People Become Entrepreneurs

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People become entrepreneurs for different reasons, some quite unexpected. We've listed 16 - which one is yours?

Graphic via Funders & Founders

#1 Can’t Have A Boss

Some people yearn to be their own boss, whether out of wishing to shoulder responsibility, having ideas that can’t be realized in duties at the traditional workplace, or having gathered enough experience to have the confidence to launch their own enterprise.

#2 Easily Bored

Where people are easily bored, rote work is not for them. The challenge of an environment with continuous and often unforeseeable stimuli may shield such individuals from the throes of boredom. But being too easily bored can also undermine the discipline required in entrepreneurship.

#3 Too Creative

A creative soul cannot be contained, or it will be deeply unhappy. Entrepreneurship by definition requires a high degree of creativity, whether in the invention of products, the execution of marketing, or, especially, problem-solving. The need for creativity cannot be underestimated.

#4 Too Impatient

Impatience is a double edged sword. On one hand, it indicates a restless individual, eager to accomplish objectives and move full steam ahead. On the other, any entrepreneurial effort is going to require a great deal of patience, irrespective of the widespread obsession with instant success.

#5 With A Criminal Streak

People make mistakes. Sometimes, these are grave enough to procure a criminal record, and this makes reentering the workplace even harder. But for people who are willing to reform themselves, switching to entrepreneurship can be a way to reintegrate into society in a positive manner.

#6 Not Too Educated

Many people have simply not had the privilege of receiving an extensive education. This does not mean they are not bright and not capable of contributing their ideas. Entrepreneurship is an arena where the idea and its results take precedence over educational background.

#7 Too Educated

One of the greatest plagues of the internet age for educated people has been the levelling of their value and the loss of jobs in sectors that would have traditionally employed them. But they can be valuable additions to new businesses because of unique perspectives honed by study and research.

#8 Has Nothing To Lose

Sometimes, life hits us with a set of circumstances in which we feel like we have nothing more to lose. The American perspective is paramount here: every failure is an opportunity. Relatively speaking, this is correct. Better to see it as such and try again, immediately.

#9 Resourceful

When one is naturally good at things, it usually doesn’t take long before a skill becomes a business idea. Solving problems and fixing things suggests an aptitude for doing so on a greater scale, as everyone possesses skill sets others may need and not have. Resourcefulness equals opportunity.

#10 Can’t Keep A Job

Some people are just not good at keeping jobs. But current economic afflictions, the elimination of traditional jobs and the explosion of the part-time economy hurts people who are perfectly capable of holding jobs but are not being allowed to. Entrepreneurship may be the way out of the evil circle.

#11 Can Sell Ice To Eskimos

If you have a killer sales instinct, you have a clear calling in life. Being a successful salesperson can involve some “creative” promotion sometimes crossing the line into deceit, but ultimately people are responsible for their own choices. All entrepreneurial enterprises need such people.

#12 Wants Freedom Above All

This depends on the definition of freedom. If it is defined as “freedom from work”, entrepreneurship is not for you. If it is defined as creative freedom, entrepreneurship very much is. The key to freedom is doing something professionally that one loves. Entrepreneurs generally do.

#13 Too Ambitious

There’s no such thing as “too ambitious”, though there is such a thing as being too ambitious for the circumstances one is thrown into, or for the task at hand. The point of ambition is to spread it across multiple activities over time for it to yield returns upon which to build further.

#14 Addicted To Risk

Risk is unavoidable, so it becomes a question of attitudes towards it. Risk addicts can find themselves in tremendous trouble, but high risks can yield high returns. Entrepreneurship is one sector in which risk has to be as finely calculated as possible, but where risk takers can be rewarded.

#15 Been Through School Of Hard Knocks

There come certain points in life where, in assessing experience, one concludes that one has been through more than enough to not be afraid to branch out on one’s own. Everyone goes through the school of hard knocks; it’s always a question of what one does with the experience.

#16 Has No Other Choice But To Be An Entrepreneur

Some people have no choice but to be entrepreneurs because they are born with the spirit for it. Others, increasingly, are turning to it because of lacking opportunities elsewhere. Or sometimes, an idea just spontaneously hits that makes entrepreneurship unavoidable.



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