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What is a Wantrepreneur?

As the name suggests, a wantrepreneur aspires to own their own business and become an entrepreneur. A wantrepreneur doesn’t hold back in talking about their great business idea. Though the bragging often doesn’t turn into action.

What defines a true entrepreneur?

The road to entrepreneurship is filled with obstacles, and a true entrepreneur will view these challenges as opportunities, rather than obstacles. True entrepreneurs will grow and learn from the entrepreneurial challenges they face and find the lessons within every mistake or missed opportunity.

Are You a ‘Wantrepreneur’ or ‘stuck in the mud?

Wantrepreneurs tend to be more ‘stuck in the mud’ than entrepreneurs, who are able to adapt to changing environments and demands, always act quickly and strive to innovate within evolving landscapes.

What does it take to be an entrepreneur?

Entrepreneurs don’t have perfect lives or companies. But, they know that complaining doesn’t lead to helpful solutions. Instead of constantly complaining or feeling sorry for themselves when things get rough, entrepreneurs push forward and adapt their thinking to survive.

What is a wantrepreneur?

Definition: Wantrepreneur is the person who strives to become an entrepreneur, but neither has an idea nor has any practical grounds of achieving his aspirations. They lack a clear vision and the commitment required to accomplish that vision. They are more often the daydreamers.

What is the purpose of desire in entrepreneurship?

If a person earns out of something he enjoys doing, it brings in satisfaction too. Desire creates inspiration and motivates the entrepreneur to attain his vision.

What is the eagerness to learn about something?

The eagerness to know about something leads to learning. Learning is an ongoing process which brings in perfection and adds to the knowledge. An entrepreneur is a sincere learner as well a keen observer always seeking improvements in the business.

Can an idea alone work?

An idea alone won’t work. It must be unique and practically possible. Moreover, the prospective product or service must be such that it can attract customers and create demand in the market.

What is a wantrepreneur?

As the name suggests, a wantrepreneur aspires to own their own business and become an entrepreneur. A wantrepreneur doesn’t hold back in talking about their great business idea. Though the bragging often doesn’t turn into action. And the wantrepreneur can tend keep on talking about their business idea forever!

Is there more to running a business than paying a cheque?

There’s much more to running a business other than paying cheques into the bank and watching the dollar signs tot up. Running your own business comes with a myriad of rewards other than financial ones.

1. Passionate about business

You hear so many entrepreneurs say you need to be passionate about the business you’re in but rarely do you hear them say be passionate about business as a whole.

2. Take massive action

When it comes down to it, taking action is what really counts. Entrepreneurs take the leap of faith even when their website, prototype or product is not complete.

3. Sacrifice

Wantrepreneurs have this idealistic vision of what it is like to be an entrepreneur.

Written By

Alex Pirouz is a Sydney-based entrepreneur and founder of Linkfluencer, a leading online community for LinkedIn training. He loves playing basketball, traveling and covering the latest stories on entrepreneurship.