From Said To Fact, The Psychological Key Of The Entrepreneur

The psychological key of the entrepreneur seems to be lost among all the information that saturates the media. From various perspectives, being an entrepreneur is new, what is considered the key to success, but … How is it achieved? Furthermore, in this context it seems that even a salaried employee needs the skills of an entrepreneur. 

The generations that have recently entered the world of work and those that will soon be seen in biographies such as Steve Jobs or Bill Gates. These models are an example that every great project does not have to have great means at the beginning.

On the other hand, on many occasions its journey is simplified, reducing it to a matter of will or attitude, when in reality there are other factors, such as fortune or chance, that have also been protagonists in its success.

Entrepreneurship: a change in the world of work

Phenomena such as globalization, the advancement of technology and labor flexibility have produced drastic changes in the way work is presented.

Until not long ago, people used to carry out their entire careers in the same company, even in the same position. The work was much more industrial, less changeable. Today, the world of work requires many positions to be filled by “nomads.”

The desire of the young

On the other hand, the new generations do not aspire to return to the past. This generation has lived with an abrupt technological advance that allows other forms of work. It seems that the desire of the new youth is to be their own bosses.

Young people have been raised with the idea that they are free and able to create or choose the places in which to invest effort and enthusiasm. On the other hand, awareness of a fact has increased: we spend a good part of our lives at work and therefore we want the conditions to be good in this place. In this sense, many think, why not undertake? Why not generate those conditions?

What is entrepreneurship?

Today, we understand that entrepreneurship is mainly starting your own business. The common thing is that to achieve this it is necessary: ​​to visualize a market niche, create the right material conditions to exploit it, intelligently managing the resources we have. Thus, to undertake is to take possession of an idea, of a project.

The psychological key of the entrepreneur

As the title of the article explains, in a metaphorical way, the entrepreneur is not only an idealist, but also an executor – someone who is capable of shaping his ideas into reality.

In this sense, a successful entrepreneur is one who is capable of making the most of his ideas while respecting the conditions imposed by the circumstances.

Among the skills required is the ability to calculate risks and separate the innovations that may work from those that do not. In this sense, in the development of a successful entrepreneur we find a person who knows how to choose which battles to fight, postpone or discard.

The skills of the entrepreneur

An entrepreneur, in addition to having vision, must have knowledge in various areas to manage a project. A very frequent criticism of the current educational system is that there are certain careers that have very few exits or with contents that are very far from what the market demands.

In this sense, the technical skills that we could include within the entrepreneur’s psychological key to be successful would be:

  • Project development.
  • Group management.
  • Economic and financial knowledge.
  • Ability to sell an idea.
  • Search for allies.
  • Teamwork.

Emotional skills of an entrepreneur

In a world where the supply is wide and the demands are not subject to patience, the path of the entrepreneur has also been transformed. Established entrepreneurs often notice, it is necessary to face frustrations and obstacles, since the beginning is plagued with them.

On the other hand, curiosity sometimes manifests itself as discomfort; Paradoxically, the early stages of a project can be especially uncomfortable. For this, the following emotional and personal traits add to the psychological key of the entrepreneur:

  • Overcoming obstacles.
  • Frustration tolerance.
  • Emotional Intelligence.
  • Openness to experience.
  • Perseverance.
  • Job.
  • Risk management.

The key to emotional intelligence

Despite the fact that it is very difficult to establish a perfect entrepreneur profile, emotional intelligence is one of the most present traits. This characteristic dates from the ability to adapt to each situation, responding in a fruitful way on an emotional level.

It is also a fundamental quality to lead groups, contact the right people and empathize with those who accompany us along the way. In short, it is a way to interact effectively with the environment, being that of the entrepreneur, a very turbulent one.

Work: today’s sacrifice is tomorrow’s fruits

Entrepreneurship also means having the ability to sacrifice time, relationships and spaces. A job as an employee allows you to meet the schedule and make another life outside.

Being your own boss requires that when you need to perform any essential task, you be the one to do it, no matter the day, time or time. To undertake then requires 150% of who is carrying it out.

Entrepreneurship, a way to get ahead

In entrepreneurship, the rewards are rarely immediate; therefore, patience is necessary to continue building or producing while waiting.

In this sense, in the biography of many successful entrepreneurs we find a common factor: in the early phases of the project, they had to invest a large number of hours, in many cases maintaining a somewhat blind faith in their performance.

Not surprisingly, entrepreneurship is a mechanism for social advancement and a natural outlet for those people who value autonomy above all. Finally, taking into account the above, the psychological key of the entrepreneur is based on being willing and committing to an idea, to bet on certain decisions and has to invest a series of resources in a somewhat uncertain horizon that in many cases they maintain, especially , faith and illusion.

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