Be the Entrepreneur

You Are an Entrepreneur

When you start a business you take a risk with your own money, credit, time, energy, and reputation. You become the entrepreneur. Make some sales, generate repeat business, and create healthy cash flow profits. You become a great entrepreneur. Create jobs for employees, independent contractors, and vendors then you become an outstanding entrepreneur.

Wikipedia describes an entrepreneur as a person who organizes and operates a business. They take on financial risk to do so. The entrepreneur is commonly seen as a business leader and innovator of new ideas and business processes. Management skills and strong team-building abilities are often perceived as essential leadership attributes for successful entrepreneurs.

Sales People are Entrepreneurs

In real estate and insurance, most agents think of themselves as only salespeople and not business owners. This is why so many agents fail. They don’t take the entrepreneurial mindset. They don’t realize that they are a business.

My real estate broker teaches us to be business owners. He has two requirements. Buy real estate for yourself because you are selling it and become an entrepreneur. In fact, we have business-building classes every week. He tells his agents to be the entrepreneur.

Why aren’t you a business? Most people think only of the Bill Gates, Warren Buffet, and Donald Trumps of the world as entrepreneurs. Success comes in many forms and it does not have to be in billions of dollars. Your job as an entrepreneur is to produce profits, cash flow, and jobs, and add value to your community. Be the entrepreneur and make your business a success.

As a real estate agent when I open escrow on a property I provide jobs. From the escrow company, pest control, home inspector, loan officer, notaries, courier services, transaction coordinators, and others. I pay my real estate fees, E&O insurance, and Realtor Dues. I pay business license fees to my local city and I pay taxes.

Home-based business owners are entrepreneurs. If you are in direct sales, affiliate marketing, or network marketing you are an entrepreneur. Just because you are a one-man band doesn’t mean that you don’t add value. You are building a down-line…