What are you passionate about and can align with a new business concept? This article shows you how through your ambition, work ethic, and continuous learning.
Ambition
Ambition is defined as an eagerness or strong desire to achieve something. It is an outward expression of who you are, because others can see what your values are through the goals you pursue, and ambition is positively correlated with company growth for entrepreneurs. But, others have to see the value in your ambition.
An entrepreneur may devote an enormous amount of time, energy, and money in a new product. But, if there is no market for the product and your intended customer sees no value in it, then your pursuits will end up being fruitless. The value others place on the ambition of the entrepreneur has a tremendous impact on success.
Work Ethic
Work ethic is the belief in work as a moral good, and the view that a person's duty and responsibility is to achieve success through hard work. There are three components of work ethic: interpersonal skills, initiative, and dependability.
Interpersonal skills include your attitude, behaviors, gestures, manners, words, and tone of voice used around other people. An entrepreneur must have excellent interpersonal skills in dealing with customers, suppliers, lenders, partners, and employees.
Initiative includes the energy, thought, and care put forth towards completing a task or project. Entrepreneurs must act independently to reach their goals. Lacking initiative can lead to procrastination and even missed opportunities.
Dependability includes being honest, reliable, and punctual. Lacking dependability wastes resources, such as time and money, which can easily lead to business failure. You cannot be late paying your lenders, your suppliers, your employees or your bills. You cannot advertise good quality products and excellent customer service and then not follow through with them.
Continuous Learning
Continuous learning is a central and religiously practiced behavior of successful entrepreneurs. You must continuously increase your knowledge-base and hone your skills through reflection and inquiry.
Reflection assumes a reactive response to your experiences, both positive and negative. We always encounter people and situations each day that we had not planned for, and it is important to reflect on those experiences at the end of the day, always learning from them.
Inquiry assumes a proactive approach to learning, such as reading about the latest business trends, attending a seminar in your field, taking a certification class to improve your skills, or seeking advice from experts.
The bottom line is to approach learning as a continuous self-improvement process, taking time for both reflection and inquiry. Take advantage of all learning opportunities and always view them as your own responsibility for increasing your knowledge-base.
Putting It All Together
Ambition: What are you ambitious about? What are the things in life the inspire you and drive you?
Worth Ethic: In what areas do you demonstrate a good work ethic? What can you work on all day that does not feel like "work"? What do you wish you had more time to do?
Continuous Learning: What do you want to learn more about? If you had to attend a day-long seminar on any topic, what would it be? What kind of books and magazines do you like to read?
Are you passionate about sports, music, cars, writing, photography, animals, computers, fitness, or something else? There are a plethora of areas in which businesses are founded. Aligning your passion(s) with your business idea provides you the best chance for entrepreneurial success.http://benvick.wix.com/passionvisioncourage
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