The old joke begins with a question: "When did you first decide to become an entrepreneur?"
"Well," goes the reply, "I decided right after my boss said those two little words: 'You're fired!"'
It's a good joke, but it begs an even better question: Why do entrepreneurs become entrepreneurs? And perhaps more importantly to the aspiring entrepreneur: Why do you want to become an entrepreneur? The answer to that question likely will be significant in answering yet another one: Will you succeed as an entrepreneur?
People decide to start their own businesses for a multitude of reasons. Perhaps the three most often mentioned are necessity (I'm not making enough money), money (as in I want more of it) and self-determination (I want to live life on my terms). Other motivators might include a passion for a specific product or idea, hunger for personal prestige or power, a love of risk or a desire to "win the game."
Most successful entrepreneurs focus on developing a profitable operation, but I think the best entrepreneurs are driven by something even more compelling than a nice paycheck. They want to invest themselves in something that will change the world in greater or lesser ways. This might sound like a high standard, but most often a game-changing product or service is NOT required to qualify. Instead, the entrepreneur's passion might revolve around something as simple as the idea of creating a better workplace, solving a nagging but not life-threatening problem or marketing an existing product in a new and innovative way. The key here is that the entrepreneur is focused on the IDEA, not just the money.
For example, a local entrepreneur founded a company that is marketing a previously known but recently unavailable anti-bacterial product that is just as effective and much longer-lasting than the more commonly used alcohol-based products. He launched the