Ready, Set, Work - What It Takes to Be an Entrepreneur

Having a business of your own is something you've dreamed about for years. Now the opportunity has presented itself and doubt is starting to creep in. This raises the question that has been contemplated for generations. What does it really take to be a successful business owner? Several ingredients are essential, among them preparation, expertise in the industry of choice, solid financials, impeccable planning, and a comprehensive market analysis. After all the basics are covered, there comes a point when it's time to launch your venture. Two areas which are absolutely crucial, yet underestimated, are an intensity and commitment to succeed. This degree of passion enables entrepreneurs to push themselves through the inevitable setbacks and disappointments. The second key intangible is a willingness to work as long and hard as necessary to grow a business. Having a 9 to 5 mentality simply won't cut it as a business owner. There will be times when the competition has a product or service that is equal in every way to what you have to offer. During these times, your work ethic is the only advantage at your disposal that separates you from the competition.

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