Rich Dad Education – Real Estate Blog

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What Does It Mean To Be An Entrepreneur?

The word “entrepreneur” is from the French entreprende meaning “to undertake” or “to do something.” We all undertake something, don’t we? We get married. We have children. We build a house. We write a book—yet we have no guarantees that the marriage will last, the children will make us proud, the mortgage will get paid off, or the book will find readership (or even get published). And yet we do these things anyway. I believe this makes all of us entrepreneurs.

Gregory Downing
Rich Dad Trainer


7 responses to “What Does It Mean To Be An Entrepreneur?

  1. Michelle Kozeluh January 7, 2013 at 2:11 pm

    Would someone be able to tell me when the next set of classes will be held in the Spokane, Wa area? Date: Mon, 7 Jan 2013 18:34:35 +0000 To:

  2. Bonnie Cehovet January 7, 2013 at 3:16 pm

    Greg –

    To me, being an entrepreneur means stepping out into uncharted territories.

  3. fearlesslyforward January 7, 2013 at 5:14 pm

    Most entrepreneurs are forerunners. Even the words entrepreneur and forerunner are captivating. So much so, it resonates inside those who carry these unique attributes. Can you feel it reverberating? It feels like an urge that just won’t let up until you begin to act on it: it’s an itch that only adventure can scratch. It shakes us up with its intense longing and propels us with eagerness into our destiny. It is a nagging impatience to cast off from safe and familiar shores into the unknown swift current of the river because you’ve designed a better widget, solved our healthcare problems or you’re carrying a higher truth. When I talk about forging ahead with my ideas I literally hum inside. We invest in ourselves and what we believe in. Entrepreneurs find their callings and often choose to live “on purpose.”

    All entrepreneurs are forerunners. Who are they? Some are pioneers, real estate investors, adventurers, inventors, developers, scientists, discoverers, or all of those. They are a people group, a tribe, with mutual characteristics that equip them to fulfill their purpose. Inherent in their DNA is the promise that a certain destiny awaits them.

    But what’s it all about, this Entrepreneurial Spirit? Where will it take you? Straight into the vanguard, the forefront, moving ahead of others. Forerunners prepare the way. Their mission is to be the first to claim the territory, break ground and then pave the way for others who will follow. They are change agents; uniquely suited to initiate transition and transactions, renewal and transformation. They’re a persistent and tenacious bunch who take great pleasure in the pursuit, find satisfaction in reaching the goal, then want to move forward again. Intuitively they position themselves to move quickly through gestation, labor and birth, believing their dreams will become realities in the fullness of time. The world is desperate for what entrepreneurs release.

    If you’ve come this far, you’re probably enjoying reading about yourself and discovering that this jumble of feelings, dreams, instincts and encounters can be captured in words. What a relief! You’re a entrepreneur carrying something glorious! That would make a good affirmation to chant for a while if you’re into that sort of thing. I prefer to accept it as truth, which never changes no matter what I think.

    As with any worthy endeavor, we’ll face a number of challenges that must be overcome. (Did I mention that entrepreneurs are overcomers? That we’ll have to break barriers, like forerunner Chuck Yeager when he broke the sound barrier? Buck up! Breaking down barriers empowers us!)

    One of the toughest barriers we have to break down is worrying about what others think. It can slow us down, if not take us off track completely, wrecking our lofty plans. Here’s where the muscle-building acquired in our training comes into play: The day will probably come when you’re required to give up your allegiance to traditions or the status quo, and there’s a good possibility it will be in direct opposition to the rigid opinions of the people closest to you. Here’s where the muscle-building, the strength acquired in training comes into play: The day will probably come when you’re required to give up your allegiance to traditions or the status quo, and there’s a good possibility it will be in direct opposition to the rigid opinions of the people closest to you. That muscle I mentioned isn’t to be used to strong-arm the opposition – that was just a figure of speech! A softer and more effective approach is to be generous and give them some grace; the kind of grace that is described as “an act of kindness, courtesy or clemency” stemming from the graceful “state of being considerate or thoughtful.” (Just remember, the day will come when you’ll need grace and they will be predisposed to reciprocate.) Then you can choose your next step from the list below, or making up your own might even be better.

    Many want to be an entrepreneur but not many have the spirit for it. That makes you exceptional. What skills and tools have we been given to ensure our success? First our relationships here in the Rich Dad community, the leadership, mentors, specialists and students plus all our classes and tools too numerous to mention! And then what about how to proceed? Here’s a few proven winners to help you forge ahead:

    Give Spirit an invitation to come in, partner, advise.
    Apply patience instead of pressure.
    Count the cost first, then decide if you’re willing to pay the price.
    Always choose the moral and ethical highest ground.
    Negotiate, negotiate, negotiate until everyone has a fair share in the winnings.
    Be humble, slough off all elitist airs, and refuse to let pride rule you, ever.
    Don’t go alone. Seek the counsel of many. Encourage participation.
    Choose the next best step, and then step out.
    Learn how, then who, to trust.
    Check your priorities often and adjust accordingly.
    Challenge and confront the norms as well as the unknown.
    Yield to change.
    Press in: Look, listen. Follow the signs; they’re there for a reason.
    Endure criticism and accusations without getting angry or defensive.
    Step into the flow.

    Perhaps your spirit is just awakening to your purpose. Rest in it. All is well. We’re on this quest together. For those of you who, like me, have already been launched into your destiny and are experiencing the miracles, my simple exhortation is this: Run with what you have been given!

    Lori Teakle, Nevada

  4. Duarte Machado January 7, 2013 at 9:02 pm

    I want to say to explore ahead but know where I’m going but I have always felt that it means to be self dependent

  5. Geraldine Ugweje February 20, 2013 at 2:26 am

    An entrepreneur is someone who is innovative, sees opportunity in evry idea and has a burning desire to see a task to the end, to generate results

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