Can you make money online? Are people even making money online at all. These are two of the questions that I am being asked on a daily basis. After reading a friend’s response to the question of making money online, I have decided to address some of the qualities you need if you will ever make money in any business. These are qualities found in an average entrepreneur. In case you are not too sure if it is possible to make money online, read Niyi’s latest write-up on this.

Have you got what it takes to be an entrepreneur at all? Entrepreneurs have self-confidence, energy, flexibility and are opportunist. I have not seen business owner who is not expecting positive results from their involvement. In other words, they are prepared to use energy and mental effort because they expect, and often receive, appropriate rewards. They have a mind who sees opportunities where others see adversity. If what you see  are constantly obstacles, you need to watch it. It is most likely entrepreneurship is not for you. 

In case you are still not sure if entrepreneurship is for you, take a look at the 15 characteristics below. These are often found amongst people who have successfully started and run new venture. Can you find anyone in expression in your life?

1. clear goal-setting.
2. drive and energy;
3. self-confidence;
4. high initiative and personal responsibility;
5. internal locus of control (that is, you believe your own behaviour determines what happens to you, more so than external influences);
6. tolerance of ambiguity;
7. low fear of failure;
8. moderate risk-taking;
9. prepared for long-term involvement;
10. seeing money as a measure of success;
11. not merely an end in itself;
12. effective use of feedback;
13. continuous pragmatic problem solving;
14. effective use of resources;
15. self-imposed standards

Successful entrepreneurs have high internal locus of control. They believe that, to a large extent, what they do determines what happens to them, more so than chance or the actions of others. This is linked to the need for autonomy and personal independence expressed by many entrepreneurs as their prime motivation for setting up their own firms. Now before you continue in your quest to start and run your online business, “do you have what it takes?“

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Do You Have What It Takes to Make Money Online?

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I have been busy with my school work for some weeks now and this has reduced the time I have to update my blog. A thought came to mind this morning and I feel I need to share it right away. Many things have been happening in the world these past few months. A lot of companies are declaring losses. As a result, many jobs are being lost. Your job may not have been affected but you always live with the constant fear that your job may be taken away from you soon. Your situation may be different. You may be your own boss and feel this does not affect you much. I will like you to have a rethink…

The goodnews is that you are not in this alone. A lot of people are going through the same thing as you. But they have been able to ride on every challenge that comes their way. They now live their dreams. How did they move from where you are to where you dream to be? They took the first step. They stopped the blame game. They became disatisfied with what the world presents and decided to do something about it. This is about getting started. Taking that first step.

It is so easy to moan about our present situation and complain that things are not how we want them to be. How can we break out of that moaning habit and actually do something? Having a commitment to take responsibility for your life is the first step. Making the decision to do something is another vital step - but actually taking action is the most important one. Accept now that you are responsible for what happens to you.

Now that you have accepted responsibility for your life, it is time to take action. Do you feel the things you want to achieve seem too big or too far off in the future? Break down each goal into little steps which will lead you to your dream. Are the things you are doing today moving you towards achieving your goals? If you answer “NO”, then you need to ask yourself “what small thing (or big thing, if you like) can I do today that will move me towards achieving my goal?” Make a commitment to do it no matter what it will take!

Do not wait for some far-off time when you think conditions may be right before you go for what you want. That perfect time may never come. Have you ever thought of what would have happened if everyone in the world is waiting for the perfect condition? We would definitely not have anything today. Decide today that you would do something about your situation…It doesn’t take a minute to make a decision. Make the decision now and follow up with required action.

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Take The First Step Today

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