Tweet

Making The Shift From Entrepreneur To Business Person

Guest post by: Terri Levine

Article Overview: When is a business person not a business person? When that person is a narrow focused entrepreneur, brimming over with ideas and concepts and starting one project after another with hardly a breath in between.

Making The Shift From Entrepreneur To Business Person

Are you an entrepreneur? Are you finding yourself with more ideas than you can handle? Many entrepreneurs report feeling out of focus with their work consuming their lives. They say they are so centered on making money that they often lose perspective in many other areas. Many entrepreneurs even thrive on chaos, finding time devoted to orderliness detracts from the creative process.

You may well be a chaotic entrepreneur, but you can become an entrepreneur who develops into a wise and successful businessperson. You can have a more balanced life. Here are some simple steps for transitioning from entrepreneur to businessperson.

First, instead of working on many ideas or projects, only work on two or three simple projects. Get the focus narrowed down immediately. Instead of consistently starting a new project, slow down. Actually, take a break between one project and the next. Design your business around your life - not your life around your business. Learn to enjoy your life and you will enjoy your business more.

Often, entrepreneurs work very long days. When I get them to focus on spending time enjoying life and actually putting in fewer hours, they are shocked that their productivity is actually increased, not decreased. As the entrepreneur learns to manage themselves better they become more relaxed and their business flows better.

When making the shift to a businessperson, the entrepreneur needs to confide in one or two supportive partners. These support structures will help the entrepreneur to enjoy making money and concentrate less on making lots and lots of money. Making money can be fun and it's also great to sit back and enjoy it. You can't take it to your grave with you and one of your reasons for being in business was to make money so you could enjoy life more - keep reminding yourself.

If you are living on the edge with little or no financial reserves, decide to set up a strong plan to have a one-year reserve established. Not only will this take pressure off you and give you some security, but also it will allow you to enjoy serving your clients rather than trying to win them over or sell them.

As a businessperson, the entrepreneur must be able to release ideas and concepts that aren't working and be profit driven rather than revenue driven. Frequently entrepreneurs come to me with a business that isn't growing or is shrinking. When I coach them, we often find the answer is usually that they are too attached to ideas that need to be set aside and are so caught up in increasing sales and revenue that they are not making the kind of profits they deserve.

So, relax. Do fewer projects and concentrate on making them successful. Take time for yourself and your family. Create balance in your life and enjoy what you have already established. You will find that your business will gain more profits when the business owner is calmer and is willing to put direction and focus on to themselves and their business.

Related Articles
  YCDABSOYA
  It's Hard Work, It's Luck, And It's Faith
  Confessions of an Accidental Entrepreneur
  Being an Online Entrepreneur the Right Way
  How To Become An Entrepreneur From An Employee
  Change Your Mind and Change Your Life
  Knowing The Entrepreneur Definition Will Help You Become A Successful Entrepreneur
  Five Attributes of Entrepreneurs
  Resilience, Resilience, Resilience
  The VC Version of Kick the Can
  Shift Worker Fatigue – Why You Don’t Have To Feel Guilty About Not Making Your Bed!
  SMEs - different types of entrepreneurs
  Entrepreneurship Is Very Closely Associated With Your Risk Taking Abilities
  Take Care Of Your Business, XIII
  The Hazards of Shift Work – Going To Work Twice In One Day!
  Take Care Of Your Business, IX
  Serious Entrepreneurs Use “Attraction Marketing”
  Take Care Of Your Business, X
  Characteristics of Successful Internet Entrepreneurs
  Take Care Of Your Business

Article Tags: business person, entrepreneur, small business



Related Forum Posts
My entry - 1. The Best Business Books Ever: The 100 Most Influential Business Books You'll Never Have Time to Read - this is a fascinating book about the history of Business theory, and I'd recommend it to anybody. 2. The Big Book of Small Business: You Don't Have to Run Your Business by the Seat of Your Pants, by Tom Gegax. Ditto. 3. PADI: The Business of Diving Book Okay, so this book won't be of use to anyone who doesn't want to start a scuba store, but I did, and this book was of course invaluable to me in reaching that goal.
Making Money in 2011 - Hello forum members! As we draw closer to the new year I thought it would be appropriate to change the title of our forum category "Making Money in 2010" to "Making Money in 2011" - I'm looking forward to some interesting discussions and wish everyone a prosperous New Year!
Re: Top 50 Lists - Hi Evan, How about "Top 50": -Inventor Blogs To Watch -Franchising Blogs To Watch -Business Book Review Blogs -Women Entrepreneur Blogs -Young Entrepreneur Blogs
Respect?!? - Hi there, A successful business depends on ongoing series of transactions. This inlvolves people. To what extend is respect important? When one thinks of himself alone, like me, me and me, how can respect become real? How many types of respect can we come up with? I think of a few: Respect of disagreement can be one. Then there is Respect of the Customer. Respect of position. Respect of 'Older Person'. By the same token, Respect of the 'Younger ones'. etc..... Has anybody got any other ideas on this subject. Kindest Regards Beat "Unlock People's Potentials!"
Exclusive: Interview with Results - Hi Forum Members, I'm helping start up a Business Coaching and Consulting company here in Toronto, Ontario, Canada (a Subsidiary of RSC Business in Los Angeles). As a Research and Development Intern I am required to practice my listening and interview skills by surveying Small and Medium Businesses on thier Business. This Survey is designed by RSC Business to also assist the Business being interviewed more insight into their own business. I am looking to interview about 30 businesses across North America over the span of 3 months. At the end of these interviews I will be publishing a report of the results and they will be made available for free to the Interviewees. The Report data will include responses from a minimum of 100 interviews. I would like to extend this opportunity to members of the Forum. If you would like to have this short 20-30 minute interview conducted on your Business and you reside in North America please send me an email or PM. Please contact me at andy[at]jvprosperity[dot]com to arrange our interview and to get free access to the results when they are published.


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.

Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!

Name:
Email:

Popular Articles

The Basics Of A Home Based Internet Business

Are You Too Good for Your Job?

Promoting your company and self with verve

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.