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    Iga Swiatek loses to Alizé Cornet at Wimbledon

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    Iga Swiatek loses to Alizé Cornet at Wimbledon

    Cryptoqueen: Ruja Ignatova makes FBI most-wanted list

    Heathrow Airport Told to Cut Down Passenger Charges 

    Gérald Darmanin Apologizes for Champions League final

    Sri Lanka Halts Petrol Sale to Non-essential Vehicles

    US Companies Offer to Cover Staff Travel Expenses for Abortions 

    British Airways Employees Back Summer Strikes Over Salary

    The US Senate Passes Bipartisan Gun Control Bill

    British Airways Employees Back Summer Strikes Over Salary

    British Airways Employees Back Summer Strikes Over Salary

  • Opinion
    Congress Members Should Not Trade Stocks

    Opinion: Congress Members Should Not Trade Stocks

    The Cost of News Paywalls

    The Cost of News Paywalls

    Workers Are Struggling as Inflation Rises

    Workers Are Struggling as Inflation Rises but the Minimum Wage Stays the Same

    gun regulation

    Opinion: Senate compromise on  gun regulation is a real baby step 

    Arnon Mishkin: Trump's Re-election In trouble, Polls Indicate Race is Referendum on Him

    Arnon Mishkin: Trump’s Re-election In trouble, Polls Indicate Race is Referendum on Him

  • Business
    Iga Swiatek loses to Alizé Cornet at Wimbledon

    Sakhalin-2: Russia ma take control of oil and gas project

    Heathrow Airport Told to Cut Down Passenger Charges 

    Heathrow Airport Told to Cut Down Passenger Charges 

    Sri Lanka Halts Petrol Sale to Non-essential Vehicles

    Sri Lanka Halts Petrol Sale to Non-essential Vehicles

    Altruistic Cannabis Pioneer Joshua Haupt Forwards the Many Benefits of Cannabis Medicine

    Altruistic Cannabis Pioneer Joshua Haupt Forwards the Many Benefits of Cannabis Medicine

    British Airways Employees Back Summer Strikes Over Salary

    Juul Labs Inc: US Bans Products from Leading Vaping Company

    Clif Bar a Subject of $2.9bn Acquisition by Cardbury

    Clif Bar a Subject of $2.9bn Acquisition by Cardbury

    Why is Instagram the Most Powerful Tool for Entrepreneurs?

    Russian Oil: China Overtakes Saudi Arabia to Become the Biggest Importer

    British Airways Risks Further Strikes as More Staff Vote

    British Airways Risks Further Strikes as More Staff Vote

    US judge dismisses $25m lawsuit over rape allegations

    Energy and food drive US inflation to highest for 40 years

  • Entrepreneur
    Instagram

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    Britney Spears

    Britney Spears Shares News of Pregnancy Loss

    Twitter stock has lost all its gains since Elon Musk disclosed his stake

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    Wave of layoffs at startups puts the industry at risk of a slow summer for venture investing

    REAP Inc. Continues to Break Barriers, Paving the Way for the Next Generation of Leaders

    REAP Inc. Continues to Break Barriers, Paving the Way for the Next Generation of Leaders

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    Things you Need to Know About Attraction Marketing

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    “Goodfellas star,” Ray Liotta dies at 67 

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    Iga Swiatek loses to Alizé Cornet at Wimbledon

    Iga Swiatek loses to Alizé Cornet at Wimbledon

    Heathrow Airport Told to Cut Down Passenger Charges 

    Wimbledon: Rafael Nadal Advances to Second Round 

    Andy Murray Beats James Duckworth at Wimbledon 

    Andy Murray Beats James Duckworth at Wimbledon 

    Ford Motor Company to Site Car Plant in Valencia 

    Diego Maradona: Medical Staff to be Tried for Football Legend’s Death

    Clif Bar a Subject of $2.9bn Acquisition by Cardbury

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Home Business

The Fusion of Business Idea and Personality in your Business

by Natalie Dawson
October 9, 2020
in Business
The Fusion of Business Idea and Personality in your Business
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Business Idea – Just a bit of information, did you know that the word entrepreneur derives from the French word “entreprendre” which means “to undertake”? If you want to become more analytical and speak French, you might think it’s because of combining two verbs “entre” and “prendre.” “To enter” means “to enter” and “to take” means “to take” in a combined way that they would mean “to enter to take.” That also works because someone who follows a business start-up idea and enters markets to take advantage of earning opportunities while taking risks is, by definition, an entrepreneur is.

People who become entrepreneurs seek or fall for the entrepreneurial life. Not everyone who becomes an entrepreneur grew up thinking it was their dream to become an entrepreneur.

Entrepreneurs belong to different entrepreneurial personalities – the professional, the expert or pragmatist, and the inventor. Perhaps as a small business owner, you haven’t given much thought to the type of entrepreneur you are. You were too busy focusing on making your business operational and profitable rather than what kind of entrepreneur you are.

Entrepreneurs who are qualified as professional entrepreneurs create one business, another, and another. They are very good at starting a business and making it very successful in a relatively short period. Sometimes, if lucky, the first company does well, and they sell it. Soon they start another company because entrepreneurship is in their blood, and they cannot work for someone else, so they are beginning another business.

Sometimes an entrepreneur is looking for an expert in a particular area necessary for their business, such as accounting, finance, marketing, or sales. They may also need an expert in a specific field such as software, pharmaceuticals, or cosmetics. So they search for someone who has that knowledge and asks them to participate in their venture by making them a partner. Voila! They are now entrepreneurs.

Experienced entrepreneurs are often well trained and gain experience in their trade by working in a business environment for several years. There they sharpen their skills and create the expertise that makes them so valuable as entrepreneurs.

The third type is the inventor. Bill Gates is an inventor-type entrepreneur who has made this type very well known. This type of entrepreneur can have a distinct inventor personality. You know the “distracted professor” who is so engrossed in his technology and invention that it doesn’t work well in a fully functioning corporate environment. As a result, they cannot serve as a business owner because they have too narrow a focus.

To succeed as an entrepreneur, they compensate for their shortcomings by surrounding themselves with experts who can deliver the business skills they lack. They can hire the “professional” entrepreneur as a partner to focus on the growth aspects of the business, so they can continue as an inventor, which they do best.

There are blends of these three entrepreneurial types. It is possible to find a professional-inventor variety that is fortunate enough to have both skills at their disposal. They can become super-creative geniuses who can invent and start businesses that do extremely well and become very profitable, taking full advantage of their creative and business potential. They can become billionaires!

The pragmatist-professional entrepreneur mix needs a combination expert who also understands the operation of a business. They use their experience to develop a business idea that will lead to a highly profitable business idea and set about hiring all the talent they need in each area to make it extraordinarily successful. For example, someone familiar with the pharmaceutical industry has an idea of marketing and managing pharmaceuticals in a new and more efficient way. His experience as a professional entrepreneur allowed him to dig in and help start the business while overseeing the pharmaceutical side’s development.

Another interesting fact is that certain types of entrepreneurial personalities go better with specific types of businesses. Increase your chances of success if you choose a company that suits your entrepreneurial style. When you are considering starting a business, you do not believe what kind of entrepreneur you are. Success often depends on your knowledge of your strengths and weaknesses and your ability to find people who compliment you.

Tags: Featured

Opinions expressed by California Gazette contributors are their own.
Natalie Dawson

Natalie Dawson

Natalie Dawson has a degree in psychology but fell in love with reporting. SHe is now working as a reporter for California Gazette.

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