Sometimes, I wonder whether I’ll ever see the day I don’t get a pit in my stomach when I’m closing a deal, funding a business, selling a company or making some other decision with serious financial ramifications. I’m no risk-taking fool who throws caution to the wind…
I’m a decision maker. I pull the trigger and get rolling once I feel good about a direction.
Let Risk be a Motivator
One of the primary characteristics of a successful entrepreneur is the willingness to pull the trigger on a decision – even if the decision is a “no.”
More and more of my friends and business associates are trying to get something off the ground right now. Whether it’s buying a rental property, investing in a business, starting a new company or changing careers, they talk about it a lot. And that’s the problem – there’s not much action.
Perhaps these friends and associates just like being able to say “I have a company…” at a dinner party, or maybe they enjoy rubbing elbows with successful investors. But if they ever want to be successful, they need to learn to live with risk. And so do you. You can use risk as a motivator, something to keep you sharp and focused.
If you had nothing to lose, would you really pay attention?
Real Entrepreneurs Take Action
Do yourself a favor today. Take this simple entrepreneurial acid test: Are you willing to make a decision that is followed by direct financial action in the next six months? If not, then you are too put off by risk to become an entrepreneur!
Put down the business plan and step away from the spreadsheet, you aren’t cut out for this stuff.
Stay Focused on Success
Now here’s my disclaimer. There are exceptions to every rule. Some great companies have festered within people for many years. But if you keep going from idea to idea, investment to investment, company to company and you just can’t pull the trigger, then you are not an entrepreneur.
I’m not trying to be negative. I am trying to spur you into action! Sometimes it takes getting called a few names before you fight back. Let’s get ready to rumble!
Are you a decision maker? How comfortable are you with taking risks?