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  1. Oluboba Ayodeji
    July 18, 2020 @ 8:59 am

    “If you’re a fan of operating within the known boundaries of a well-established business, entrepreneurship may not be in your future.”

    The above was from your last point. You are right.

    If you wait to be certain, you will get nothing done. That’s because those who make things happen don’t wait for things to happen.

    I have a question under your 4th point, Need for Achievement.

    Which should come first in going into entrepreneurship?

    1. A need to fill one’s feelings of accomplishment or

    2. A means to make profits

    • Terraskills
      July 20, 2020 @ 1:18 pm

      Thank you for your question. Let me make a little clarification on the 4th point before answering your question.

      The need for achievement addressed in this post referred to the achievement-driven trait of entrepreneurs. Successful entrepreneurs have admirable levels of “desire”, “effort” and commitment” to their individual goals.

      Answering your question, “a means to make a profit” should come first because it is the successful running of the business that will give an entrepreneur that sense of accomplishment.

      However, it is worthy to note that “a means to make a profit” and “a need to fill one’s feeling of accomplishment” in the literal sense should not be the primary reason for becoming an entrepreneur.

      Wikipedia defines entrepreneurship as “the creation and extraction of value”. Note the creation before the extraction.

      With this definition, it is evident that the primary goal should be to create value after which avenues to making profit is explored and maximized.