How to Be Successful | Entrepreneurship, Can We Learn?

There is no way.

  • Entrepreneurship can’t be learned. It is something that is either part of your psychological make-up, or not.

You CAN learn to DO what entrepreneurs do, but that’s not the same. :100:
You can also learn how to run, but never be a good runner; :running_man:
you might learn how to sing, but never be good enough to make a living at it; :studio_microphone:
you may read the law, but be a poor litigator. :fountain_pen: :woman_judge:

The simple fact of the matter is that there are certain vocations and avocations which some people are better suited for, than others.

So, your mission NOW is to determine if you are a “natural” as an entrepreneur. Here are some entrepreneur traits:

  • Throughout your life, including your childhood, you naturally saw and were drawn toward opportunities to do something faster or better, even if a bit unconventional.

  • You are generally willing to try something that seems like a good idea, as opposed to knowing as much as possible before taking the plunge.

  • Your genetic mother or father or grandparents owned a business which put them at financial risk and they operated it on a daily basis.


Throughout your life, people tended to ask you to assume a leadership role in fund raising activities involving the sale of something and requiring active involvement by you for a month, or more.

Throughout your life, you have generally enjoyed a leadership role in such fund raising activities.

Throughout your life, you have actively pursued the responsibilities of such fund raising activities.

As a kid, you liked magic tricks and card tricks, and wanted to be a magician.

Setting aside stage fright, you enjoy (or would enjoy) informal public performance, such as “karaoke.”

When you are by yourself (or maybe with just one other companion) at a bar, waiting area, supermarket line, or some similar situation, you tend to strike up a conversation with strangers or clown around a little bit.

  • You often ask open-ended questions rather than to ask for yes or no or simple statements of fact.

You bake bread, make cakes and fix meals from scratch without relying too much on recipes or cookbooks.

You like making meals from scratch and often do so, as opposed to “heat and serve” or boxed food.

  • In any business deal, you are more concerned with getting what you want or need, rather than concerned that the other party is getting too much or that you might do better.

You are as drawn, or more drawn, to do business with people who have great promise as opposed to those with vast claimed (but unverified) experience.

You tend to be delighted when someone does what you are trying to do, only better.

  • In general, over your life, you preferred the company of people who were older than you.

In general, no matter how small the denomination, you will tend to pick up a coin lying on the ground, as opposed to walking by.

In general, you tend to regard expressed views which oppose yours as an opportunity for learning, instead of an opportunity to change the ideas of the one whose views you oppose.

  • In general, you don’t care how much something costs as much as you care about what it does, for you.
  1. You’d rather be happy then healthy.

  2. You prefer a chance to try, more than an assurance of success.

  3. For you, your “play” is often what others would say is work.

  4. You tend to see the “sunny side” and the “silver lining,” no matter how bad things are.

  5. Given a list of 3 choices, you will imagine a 4th choice (or 5th, or more).

  6. Your recreation and pleasure tend to occur at any moment, as opposed to being restricted to certain times and situations.

  7. When the phone rings in the wee hours, you are more likely, than not, to answer it.

  8. When you have a party or gathering, you tend to invite competitors, customers and vendors as much or more than associates or employees.

  9. You tend to be more inspired then depressed by the success of your competitors.

  10. You would rather be easily accessible by customers and others at their convenience, as opposed to “getting back” to them at your own convenience.

  11. You calculate your own success in terms of the success of those you serve, as opposed to counting only your own chips “when the dealing’s done.”

If 20 or more of the above are “true,” for you, then you are probably an entrepreneur; if not, you should consider something else. However, even IF 20 or more are true, for you, and you still wonder, then you are NOT an entrepreneur. And if you struggled with many of the questions, you are probably not an entrepreneur. The entrepreneurs are the ones who can honestly and immediately react to the questions and say, “Yeah! That’s I!”

You will note that agreement with some of these questions portrays a great financial risk, to you. And that’s the whole point. If you are risk averse, starting and running a business of your own is probably not a good idea.


Hope that helps.