No nation has ever been as entrepreneurial as the United States. More people in the U.S. aspire to be entrepreneurs than anywhere else on earth.
Far more people take a stab at being an entrepreneur than succeed at it. The failure rate is staggering. And a primary reason for failure is the lack of an entrepreneurial mindset.
People are attracted to an entrepreneurial career because they see the attraction of it. And the life of successful entrepreneurs is especially attractive. Dazzled by the glamorous promise of entrepreneurial success, however, they often fail to see the demand which being an entrepreneur puts on those who seek that way of life.
About one person out of five who approaches me for coaching has an entrepreneurial ambition. What the majority of them lack, however, is an entrepreneurial mindset. The truth is, successful entrepreneurs think differently from other people. It's this mindset, far more than the product or market or team that they choose, which will determine whether they achieve their dream.
In this episode, I examine five key characteristics of the entrepreneurial mindset. I look at how each characteristic is attractive and enticing. Then I examine lurking dangers which are not always apparent to the outside observer.
My purpose is not to discourage entrepreneurialism. Rather, my aim is to help people ask whether their entrepreneurial mindset is sufficient to help them weather those dangers when they arise.
A transcript of this episode is available at www.UpsizeYourLeadership/episodes
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