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Wednesday, October 8, 2014

Understanding Your Entrepreneurial Lifestyle Motivation

It’s no surprise that many starting entrepreneurs has their motivations rooted on shallow reasons such as looking forward to getting rich quickly or being able to work part-time or enjoying the freedom of not having someone breathing down their neck and ordering them what to do. But hard-core and successful entrepreneurs know that starting a business is not a walk in the park and does not always come with any of those abovementioned.


But for those business owners prompted with the right motivation and keeping more realistic expectations, their entrepreneurial lifestyle can be exactly the life they have always practically envisioned. A Wharton School of Business survey conducted on 11,000 MBA graduates in a span of several years revealed that people running their own businesses are much happier than those holding other professions—notwithstanding the income or profit they’re making.

So how do you qualify motivations and consider them right for yourself? There’s no doubt there’s an overwhelming number of self-assessment materials available online, but Adrian Gostick and Chester Elton’s What Motivates Me: Put Your Passions to Work offers a more interesting perspective. As workplace culture experts, Gostick and Chester Elton were successfully able to compile views and opinions from an astounding 850,000 correspondents.    


The book illustrated some fundamental personality types including thinkers and achievers and incorporated the specific appropriate motivators for happiness and business success to those types. Here below is a list that is largely focused on the entrepreneurial division of businesses:

  • You are motivated to compete and win. You are almost always driven to win admiration, applause, customers, and of course money. Your determined and persistent nature helps you realize big things in new organizations. To produce the best output at work, you need incentives and recognition to be put in order.
  • You are motivated by the thought that there is always a solution or a better way to resolve a problem. You are creative and love using your imagination. You are always eager to learn and enthusiastic about feeling that adrenalin rush every now and then. You are disappointed with bureaucracy and do not easily accept things just because they have always been there. You are highly considered as the embodiment of innovation in the organization.
  • You are motivated to help others and be in tune with other people’s emotions. You are a passionate caregiver and deeply understand the problems of other people, determined to come up with solutions to make things easier for them. You believe that it is critical to balance work and family life and the importance of having fun at work. You are an asset when it comes to team building and a perfect for demanding customers.
  • You are motivated when you are given the freedom to be in control of your actions and do things on your own. Achievers show their prowess by thriving on challenges, ambitious goals, and tight deadlines. That, even in problematic environments, you remain persistent and accomplish assigned tasks to set benchmarks and do them right on time. Workmates see you as action oriented, determined, and highly energetic.
  • You are motivated with a purpose or cause to bring a change in the world. Innovators and builders are not afraid to express their views and opinions on critical issues and global concerns. You are able to establish loyal relationships, encourage growth in people, and succeed in team environments. Success for you is making a difference in the world.