Growthink Blog

How To Be An Entrepreneur

Print
Categories:

I just finished conducting an interview on how to be an entrepreneur.

And near the end of the interview I asked an interesting question.

I wasn't sure regarding the response I would get, but I was pleasantly surprised.

The question I asked was, "What do you think makes the difference between a good and a great entrepreneur?"

I was expecting a list of qualities that the great entrepreneurs have.

But instead, entrepreneurship expert Dr. Bruce Barringer, gave a really great answer.

He said, "A great entrepreneur makes a difference in your life."

He went on to explain that the founders of Google have changed his life as he spends so much time on Google these days. But you don't have to be the next Google to be a great entrepreneur.

The founders of the local coffee shop have also changed his life. As have the companies that created the podcasting technologies that he employs every day.

The point is that great entrepreneurs are those that create products and services that truly benefit their customers in such a way that the customers integrate them into their lives.

When I think about my life, I can concur. The entrepreneurs who started the gym I go to, the gasoline station I frequent, and the supermarket where I buy my lunch have done a great job creating products and services that meet my needs. If they didn't, I'd patronize their competitors.

So, as you start and/or grow your business, you should make all of your key decisions with this question in mind: "will this decision allow my company to better serve customers and make a bigger difference in their lives?" As Dr. Barringer pointed out, if you solve the customer need, the money will follow.

To hear Dr. Barringer's answers to all of my questions on how to be a more successful entrepreneur, listen to the full interview on Growthink University here:

http://www.growthinkuniversity.com/members/361.cfm


Share this article:


steve kobuthi says

i have just read Dr. Bruce Barringer's thought of what makes a great entrepreneur and i concur. it should even be a sort of slogan or saying for all those interested in business. i love it. Steve K. Mwaniki Nairobi,Kenya
Posted at 4:03 am

Most Popular
New Videos

"Business Plan
SHORT-CUT"

If you want to raise capital, then you need a professional business plan. This video shows you how to finish your business plan in 1 day.

CLICK HERE
to watch the video.

"The TRUTH About
Venture Capital"

Most entrepreneurs fail to raise venture capital because they make a really BIG mistake when approaching investors. And on the other hand, the entrepreneurs who get funding all have one thing in common. What makes the difference?

CLICK HERE
to watch the video.

"Brand NEW
Money Source?"

The Internet has created great opportunities for entrepreneurs. Most recently, a new online funding phenomenon allows you to quickly raise money to start your business.

CLICK HERE
to watch the video.

"Old-School Leadership
is DEAD"

"Barking orders" and other forms of intimidating followers to get things done just doesn't work any more. So how do you lead your company to success in the 21st century?

CLICK HERE
to watch the video.

Blog Authors

Jay Turo

Dave Lavinsky