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27 Feb

What Good Entrepreneurs Won’t Do

By: Sumit Balan

I’m often amused how many aspirant entrepreneurs’ mushrooms’ up each day. Everyone with an idea, a laptop and a blog calls himself an entrepreneur. Well, calling yourself a CEO doesn’t make you one and a small army of Twitter followers doesn’t make you a leader, either.

Don’t want to dash your hopes and dreams, but the truth is, vast majority of the so called “entrepreneurs” simply lack the maturity to be entrepreneurs or leaders. I know it’s a bit too harsh, but it’s true. But believe me, the sooner you realize you’re not going to be the next Steve Jobs or Mark Zuckerberg, the better.

Please don’t get me wrong. It’s fantastic to reach for the stars. I too have experienced that euphoria during my entrepreneurial journey but there are few things that I learned from my experience that true entrepreneurs and leaders do have in common. In my opinion, what makes them unique is perhaps what they don’t do!!

They don’t do it for money but for passion

True entrepreneurs just do it for passion not to be billionaires. And because they’re passionate about what they do and focused like a laser beam, the money eventually comes, big-time.

They don’t have work life balance

Entrepreneurs are mostly workaholics. What that means is their work comes first. It’s what they live for. They’re not freewheeling, fun-loving people who live for the weekend. They live to do what they love, and that’s work.

They never possess high ego

Real entrepreneurs don’t have high ego.They never think about themselves as superior to others. Small success’s never gets to their head. They only think about their ideas and how to turn them into great products and services. And they deliver.

 They never fear failure

As Sabir Batia said “Greatest risk is not to take one at all “.They just doesn’t let their fear stop them from taking risks. They do listen to the voice of reason and their instincts, though; before taking calculated risks.

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about the author
Sumit Balan

Sumit Balan is the Co-founder of InnoMind Technologies with over 12 years of experience in IT industry in various roles. As the MD and Chief Executive Officer (CEO) of InnoMind Technologies, he has a precise vision and provides an overall leadership and direction to the entire aspects of business.