The Entrepreneurial Mindset

One way to get America back to great economic productivity is produce more tinkerers, more entrepreneurials, more people who can look at a problem and say “I can improve on that” or “I can fix that.” Government cannot do this. Only parents can encourage their children to be little capitalists. Or if you wish little entrepreneurials.

What is an entrepreneurial mindset? Well, according to a Success.com article some the characteristics of an entrepreneurial are:

• a self-promoter- this sounds egotistical but in a way when you run a business you are the business so you have to get the word out about your business.
• self-confident
• a self-starter
• a good planner and organizer
• competitive
• optimistic because your business will have setbacks once in a while.
• passionate about your product or service- if you are not why should your customers be passionate about your product?
• patient
• decisive

These are the type of characteristics parents can encourage in their children. Some other entrepreneurial traits that are mostly inborn are:

• handling pressure
• being comfortable with risk
• a strong drive to succeed
• encouraged by setbacks/challenges
• handling criticism well
• desire to work hard

One other thing. If you agree to any these statements:

• Your workday must include a chunk of "me" time.
• You spend time personalizing your office.
• You don't empty your own trash, even when you're headed that way.
• You feel you could be a lot more productive if you just had that new...
• You're still mad your department got shorted during the last budget cycle.
• You discuss work-life balance issues with passion and intelligence.
• You've ever said, even once, "I've paid my dues."

Then you’re probably not entrepreneurial material. Possibly a politician or a bureaucrat. Notice all the statements is about you sacrificing yourself to the business. It’s not about you so much but about the job. Making it a success.

One other thing parents can teach a little entrepreneurial is that making a profit is not a sin. Another word for profit is incentive.