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There’s many subscribers thank you so much for joining me today i am jeremy and today we’re talking about ten questions you got to ask yourself if you want to be an entrepreneur like this is a 10 question quiz i came up like if somebody came up to me and they asked me jeremy should i be an entrepreneur these are 10 questions i would ask you and the deal is if
You answer yes they’re all yes or no questions if you answer yes to 8 or more of these you should probably be an entrepreneur and if you answer yes to all tennety then i have no clue what you’re doing if you’re not already an entrepreneur because you need to absolutely be an entrepreneur guys so you know what let’s just go ahead and get right into this i hope you
Guys enjoy stay hit thumbs up button and also let me know in that comment section if you ever want me to do a video like this where i do like 10 question quiz on whether you should be a stock market investor or something like that maybe some personal finance like 10 question quiz on if your personal finance smart or something like that i don’t know i would come up
With a better video title but let me know in the comment section so number one thing you have to ask yourself is are you not excited to go to work on most days or you wake up most days in you’re just not very excited you’re just you know you know another day kind of dreading it you know you just look forward to the weekend so much because you don’t have to go to
Work like if you if you answer yes to that and you’re dreading most days going to work you’re never really excited hardly ever unless it’s doughnut there’s something at work then you absolutely should probably be an entrepreneur because that’s no way to live life you’re spending what 40 hours plus a week working at a job where if you’re dreading it every day like
That’s just no way to live you’re just kind of enslaving yourself into whatever you’re doing there you’re just enslaving yourself an end so absolutely if you’re not excited to go to work that’s like huge thing guys like imagine how much time you’re spending over your life at a job if you’re not enjoying it then it’s time to go it’s time to find something else i
Mean i enjoyed my job at kwik trip for a long time and then when i started to not enjoy it anymore i knew it was time for something else so if you if you answered asked that question then we’re off to the races now – do you feel like there’s something bigger for you out there do you feel like like your job there that’s that’s like not all that life is calling for
If you feel like there’s something bigger for you there probably is something bigger for you out there especially if you’re relating it to work like if you think you’re better and bigger than what your job title says that your company you might want to think about leaving it you that just you’re inside calling you saying you got something more for you out there
And that’s how i felt a lot of time guys i really did i felt like there’s something bigger for me out there and sure enough there was there was 100% of something bigger house for for me out there number three can you live in an uncertain state of mind entrepreneurship can be very uncertain especially that first year that first 12 months maybe in that first two
Or three years you know where’s the money coming in you know am i going to be able to keep that customer am i going to be able to win that customer it’s a very uncertain it can be a scary place i would say a lot of stock market investors would actually be would have a advantage as far as being entrepreneurs than than most people because your stock market investor
Your stock picker right then you can live in uncertain mind because you’re always investing your money and you’re investing it yourself and you have to watch those stock prices go up and down and news come out and this and that and make judgment calls so you’re probably used to have an uncertain state of mind especially on a financial front if you can do that you
Answer yes to that question then you’re definitely set to be an entrepreneur number four are you highly self-motivated huge thank yous thing if you’re not highly self-motivated entrepreneurships not happy for you because being an entrepreneur you have to come with the motivation you have to be excited to go to work every single day well you know to go do your work
Out there you have to be ready to go you have to be able to you know do whatever it takes to win over that customer you have to be willing to win each and every day you got to be highly self-motivated because you have no one pushing you you got no boss in your ass that says hey you know what you didn’t get those reports that you need to give them down asa you know
Fire your bah-bah-bah like you have no one pushing you so you got to push yourself so you’re highly self-motivated entrepreneurship once again is probably the place for you you’re not then entrepreneurship is going to be very hard for you to succeed out there on your own guys if you’re not highly self-motivated number five do you feel a need to control your own
Destiny if you want to fulfill your own destiny if you want to make your own destiny the best way to do it is entrepreneurship where you’re not relying on the politics of a workplace and everybody that’s worked in the corporate world you all know there’s politics and sometimes guess what the best people for the job don’t get that i mean the best people for the job
Don’t get the promotion the person that was who was with the boss somehow gets that job and it’s like what the hell may my performance was better across the board but somehow they get the the advanced position they get that extra 20,000 a year they get that bonus i like that how is that there that’s the way it works so often the corporate world so if you want to
Control your own destiny the best place to do is entrepreneurship where you can control things and you can decide if i want to try to make an extra ten thousand dollars this year i can do that i just need a lot of bust my ass and reach out to more and more customers and get better and better at it rather than at my workplace where it doesn’t if i work my ass off
Who knows i may not even get a promotion and so if you feel need to control your own destiny entrepreneurship is probably the way for you i have to control my own destiny number six number six big one here are you competitive entrepreneurship business it’s competitive out there everybody’s china trying to chop off each other’s heads are you competitive you’ve got
To really be competitive you’ve gotta want to win you’ve got to be able to think about things that like okay i’m not winning this way i need to figure out how the hell to win you gotta have a competitive spirit if you’re not competitive and you are really competing on that scale it’s really hard for you to succeed in end guys so are you competitive it’s a yes once
Again you’re looking pretty good of surahs entrepreneurship if it’s a no i’ll stay away from entrepreneurship because it’s competitive out there everybody’s trying to beat everybody guys number seven number seven maybe the most important one i was thinking about making a video just around this topic is do you have a customer first mindset customer first mindset
Is or view ibly the most important thing and entrepreneur could ever do anybody that’s in business like thinking about the customer first is more important than anything in my opinion i’ll give you a couple examples right i’m a real estate and videography business for you know that i operate and just the other day i was doing a job for a new customer you were
Kind of a hard customer column they just fired their photographer there you want to try me out and those kinds of things so i took pictures of the house that’s all i was supposed to do always paid to do but there’s a really nice park nearby so i thought what the hell five ten extra minute i’ll go and surprise them and take some nice pictures of the park so they
Can include that in mls is right here and just kind of go over the top for the customer even though i’m not being paid for that and i play for what’s five to ten minutes of my time yeah my time is valuable but is it more valuable than what i’m doing for that customer i’ll give you another example in my book right here i include a direct email address to me a direct
Email address for if anybody has questions in regards to the book specifically i will answer those questions within 48 hours and i’ve done that for everybody that’s had a question that is customer service like i don’t remember ever reading the book that had an email address that said hey if you have a question about something email me you know about the book email
Me and i’ll get back to you that’s just great customer service i have a customer centric mindset that allows me to think about the best way to help customers the best way to help customers and that can help you win in retain clients and retain people in the end guys if you’re always thinking about the customer rather than yourself i could have thought all man if
I put my personal yeah personal email address in there i may have to respond to those and i was going to take like 10 minutes a person blah blah blah i could have made excuses right i could have made excuses not to go take those pictures that park that took me ten extra minutes right all my time so valuable ten minutes no i didn’t i just freaking did it i just did
It guys and that’s what i’m talking about customer centric mindset if you think customers first the entrepreneurship can come a lot easier to you opening a business will come a lot evening easier to you number eight can you get over rejection fast start a business when you’re starting a business guys getting over rejection is he because you’re going to be rejected
So much whether you’re selling a product whether you’re selling a service whatever you’re trying to do out there in the world right most people aren’t going to want that most people don’t want whatever product or service you’re selling and you’ve got to accept that fact you’ve got to accept the fact that 99 plus percent of the people are not going to want what you
Have or what you’re offering i mean you could think about think about the biggest movie star or the biggest musician in the world right there’s still billions and billions of people that have maybe heard that and don’t like that or would never be interested in them and those are like the creme de la creme like think about the biggest fast-food place in the world
Which is probably mcdonald’s right there’s still uh you know tons of people who would not eat mcdonald’s like even if mcdonald’s paid them being mcdonald’s right so you got to think you know if those people are having trouble like what’s my business so you know you got to expect a 99% of the people you come across if you’re a business to business if you’re business
To consumer whatever 99 plus percent of them aren’t going to want what you sell in so get over and get past that rejection and make sure when you get rejected over and over and over and over and over again which will happen that you keep a smile on your face you keep your energy levels up and you keep ready to go and you get better and better and better so maybe
Instead of the you know 99.9% of people rejecting you maybe now only ninety nine point seven percent of people reject you and then we’re talking guys you made some progress number nine number nine here do you have a minimum of six months a minimum of six months worth of bill money just sitting around if you don’t have at least six months of money sitting around
You should not start a business in my opinion you need a minimum because you have a plan on if that is this brought me nothing absolutely nothing for the first six months if somehow i didn’t even get one customer can i still pay my bills without you know closing up the business and go get a job or whatever guys and i actually preached a lot of times now try to
Start a business while you’re still working for a company unless it really requires all your time if it’s one of those that have really marv’s every single second of the day then you can probably quit but make sure you’ve got at least a six-month cushion more like a 12-month cushion if you really got a 12 month plus cushion then you’re set to be an entrepreneur
So if you answer yes to that that’s a good sign in the last one number ten here number ten is do you know how to do an income statement do you know how to do a balance sheet if you don’t know how to do an income statement or a vow cheat is this it’s got to be hard for you because guess what you’re going to have to do balance sheets and income statements for your
Business to kind of figure out where the hell you’re at where’s the inventory where is this where that if you have inventory that business you know what am i what we’re coming in from money versus what i spend on on things that you know say you have on let’s say you make statues i make this statue right here let’s say i sell for 50 bucks right what does it cost to
Make it you got to figure that out and then how much are you making an n how much is the maybe you’re renting out of office things how much is that office space you got to figure all that out in the income statement and then figure out how much you’re actually making at the end of the day and then you can kind of adjust your business from there so income statement
Balance sheet if you answer yes to that and you know i’ll do that that’s good so if you were at least eight is eight of the ten you said yes to them especially if you’re all ten like you you needed an entrepreneur you got to figure out how to b contri preneur you go figure out something some way to go guys because you’re meant to do it in the end so hope you guys
Enjoyed this this was like 10 question quiz once again leave me in a comment section if you have any comment on the video in general also if you’d like me to do a 10 question quiz i’m like you know if you should be a stock market investor or you know if you’re smart personal finance wise like something like that guys i would really enjoy that so if you just came
Across the channel you may want to subscribe we talk personal finance in the channel we tell our entrepreneurship i’m an actual business owner i give away so many business tips and we did a little business quiz today we talked the stock market more than anything making your money into money thank you for watching guys and have a great day
Transcribed from video
10 Question ENTREPRENEUR Quiz – Small Business Owner By Financial Education
