Little Indonesian boy kissing his mom, who is working in office
You already juggle so much for your family on any given day. But that desire for something more is nagging and the drive to make a positive impact by creating your own business is hard to ignore. But while all moms can multi-task, we aren't all cut out to be entrepreneurs.
It takes a specific personality to thrive in that kind of chaos. If you possess the following personality traits, the mompreneur track just might be the right move for you.
Eager to Learn
A true love of learning about anything and everything is a key quality that the majority of entrepreneurs share. In fact, in the most recent Amway Global Entrepreneurship Report, a love of learning was identified as the number one trait shared by 84 percent of the 50,000 entrepreneurs surveyed.
A love of learning is essential for entrepreneurs because, no matter what your industry, you need to know a little bit about nearly everything in order to successfully run your own business. Sure, you can hire experts to handle the bookkeeping, accounting, technology and financial planning, but in order to properly manage a team, it's in your best interest to have at least a baseline knowledge in every area that you trust someone else to run for you.
With the business landscape around us changing and evolving frequently, your company needs to be nimble and adaptable to keep up. One of the most effective ways to facilitate this is to stay on top of the latest industry developments and learn new ways to differentiate your company from the competition.
You need to constantly think a few steps ahead to avoid problems and turn challenges into successes. By being proactive instead of reactive, you control the fate of your business. You are more likely to make intentional steps towards positive progress. With the belief that you create your own reality and have the ability to control it, you're able to find more opportunities to shift the tides in the direction that will best benefit your brand.
Not Afraid of Risks
Owning your own business is not for the faint of heart. There are no guarantees of success, no consistent paychecks (at least in the beginning) and the responsibility to succeed falls squarely on your shoulders. For many, this is too much risk to handle. But for those with a true entrepreneurial spirit, these potential downsides act as challenges and make you all the more excited to prove naysayers wrong. Entrepreneurs are true believers in the notion that you cannot reap big rewards without taking big risks.
If you need a little bit of help getting comfortable with taking risks, there are some less risky options for testing your entrepreneurial abilities. It doesn't have to be all or nothing. For instance, you could test the waters by starting your own business with an established company like Amway. For many this is an excellent way to try their hand at owning a business with the support and guidance of an established brand. It's essentially a way to earn an income while educating yourself on the best entrepreneurial practices.
Even the most successful businesses experience failures from time to time. It's how you deal with these challenges that really reveals your true potential to succeed. Entrepreneurs understand that failure is inevitable and they look at it as an opportunity to learn from mistakes and turn that negativity into something positive.
As an entrepreneur, you need to be confident in everything that you do. Without a strong sense of self-assurance, how can you expect your staff to trust that your next big idea will be a hit? A lack of confidence will also make it nearly impossible to secure funding for your business, so a strong belief in your brand's imminent success is crucial.
In a recent study of entrepreneurs, the Ewing Marion Kauffman Foundation found that 91 percent of entrepreneurs surveyed were confident that their business' profitability would increase in the next year. This kind of attitude is critical to keep everyone on your team committed to taking your company to the next level.