Sandy Blanquera, Founder Social Boomerang How to Tell if You’re an Entrepreneur?

Have a clear plan – write it down Visualize your plan over and over, feeling the related emotions Believe it is your calling Have confidence in you; believe in your ability to succeed How to Tell if You’re an Entrepreneur? Do You Have a Vision?

Have a clear plan – write it down

Visualize your plan over and over, feeling the related emotions

Believe it is your calling

Have confidence in you; believe in your ability to succeed

Follow Your Vision. Be passionate. Share your vision with others. Create accountability. Line your behaviors up with your vision. Focus – be persistent. Know your strengths and weaknesses; commit to improve yourself to get there Follow through! Be accountable to yourself and others.

Be passionate.

Share your vision with others. Create accountability.

Line your behaviors up with your vision.

Focus – be persistent.

Know your strengths and weaknesses; commit to improve yourself to get there

Follow through!

Be accountable to yourself and others.

Risk Taking. Don’t expect to know all the outcomes; leads to paralysis Gauge your plan against reality; no blind risk taking Show leadership Be financially disciplined Embrace failure Trust your gut! Must have some personal stake for others to trust you

Don’t expect to know all the outcomes; leads to paralysis

Gauge your plan against reality; no blind risk taking

Show leadership

Be financially disciplined

Embrace failure

Trust your gut!

Must have some personal stake for others to trust you

Entrepreneurial Qualities . Leader; born manager more than a doer Understands & performs different roles Is flexible Takes Action May or may not invent; is able to monetize ideas Creative and innovative Understands controllable issues -internally & externally Partners with others Asks for help Negotiates – always know your value proposition Creates win-win agreements

Leader; born manager more than a doer

Understands & performs different roles

Is flexible

Takes Action

May or may not invent; is able to monetize ideas

Creative and innovative

Understands controllable issues -internally & externally

Partners with others

Asks for help

Negotiates – always know your value proposition

Creates win-win agreements

Bootstrapping . Understand how a business is funded Focus on cash flow; short sales cycles, short terms, reoccurring revenue Forecast by the market reachd with your capacity Hire young, cheap help; experienced = expensive help Start as a service first (quick & easy money), then a product (takes money & dev time) Rank financial decisions; focus on most important Make your product “work” before you make it pretty Go direct; more profit for you Position yourself against the best; be cheaper with fewer bells & whistles

Understand how a business is funded

Focus on cash flow; short sales cycles, short terms, reoccurring revenue

Forecast by the market reachd with your capacity

Hire young, cheap help; experienced = expensive help

Start as a service first (quick & easy money), then a product (takes money & dev time)

Rank financial decisions; focus on most important

Make your product “work” before you make it pretty

Go direct; more profit for you

Position yourself against the best; be cheaper with fewer bells & whistles

Before you jump… Do you have a clear vision? Have you mentally and physically committed to success no matter what? Are there things you need to do first? Have you weighed your risks against reality? Have you assessed your skills and experience to see how you measure up to an entrepreneur? Have you identified bootstrapping opportunities?

Do you have a clear vision?

Have you mentally and physically committed to success no matter what?

Are there things you need to do first?

Have you weighed your risks against reality?

Have you assessed your skills and experience to see how you measure up to an entrepreneur?

Have you identified bootstrapping opportunities?