To be an entrepreneur is an alternative option for the employees, who have finished their contract.

According to Robert Hisrich, entrepreneur is person who create different things by devoting his/ her full time and effort, being responsible for financial, psychological, and social risk and receives the profit and self satisfaction. Based on Oxford Advanced Dictionary, edited by A.S.Hornby. the entrepreneur is s person who manages and organizes commercial undertaking.

Entrepreneurship skill is important for the employees who are terminated, or in the end of job contract. The employees should equip themselves with entreprenership skill and knowledge, including sales skill during their actve employement period, as well as starting to practice it. When the employment contract ends, they can choose to be entrepreneurs.

To change from employee to entrepreneur, you need mental and mindset change. Meaning to say, based on Kiyosaki’s “Cash Flow Quadrant”, you move from E Quadrant (Employment) to B Quadrant (Business) through SE Quadrant (Self-Employment). You should change our mindset from “how to get the salary/ wage” to “how to get profit.” You should have brave heart to move from our comfort zone (read the book “Who Move My Cheese.”

As entrepreneur, you create your own financial life through your business. You are free to schedule your time but you should make commitment about time management to enhance your business. An entrepreneur is freer than employee to express creativeness. You can create job opportunities for others.

To be entrepreneur, you should develop positive mindset, attitude, and motivation. You should learn how to identify the risk and competition. You should know your competitor and obstacle in front of you. You should think creatively and do the innovation.

Salesmanship is essential for entrepreneur. If you are not able to sell your product nor service, you will not get money. You should be able to sell. Don’t worry. Everyone can have sales skill. You can analyze what kind of sales dog (“Sales Dog” is Blair Singer’s book about salesmanship) you are at www.salesdogs.com as well as identify your little voice in your mind.

If you are an employee now, you can start small part-time business practice. See you at the top!