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Showing posts with the label Do you consider yourself an entrepreneur

Are you simply a survivalist or an entrepreneur?

We get into business with different motives. However, because entrepreneurship is a jungle of sorts only the very best survive as the weak ones are easily eliminated. Statistics show that 80% of businesses in operation today will fail in the next 5 years. So what makes some entrepreneurs better than others? What type of entrepreneur are you? I would like to present to you 6 types of entrepreneurs and how they cope with challenging times. 6 types of entrepreneurs exposed 1. Survivalists They were forced by circumstances to become entrepreneurs. For instance, they finished college or high school, tried looking for jobs but weren’t lucky enough. Because they had to find means of survival, they moved on to the world of business. They simply sell to survive. If they are lucky to get an employment opportunity, they normally quit entrepreneurship and off they go into the formal economy. Most of their businesses don’t live to see their second birthdays. 2. The copycats A good n