Do Engineers Make Good Entrepreneurs? - 0 views
started by Adkins Little on 03 Aug 13
started by Adkins Little on 03 Aug 13
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started by Adkins Little on 03 Aug 13
"It's just too technical for me to recognize."
"I was by no means great with numbers."
"Factors have altered so considerably considering that I was in school."
But at the end of the day, these are just that: excuses. I am here to tell you that engineering is not only NOT required to start off a profitable busine..
Today I'd like to talk about the skillset needed to start off a business. Particularly, do you need to have to have a background in engineering?
I hear this employed most regularly as an excuse.
"It is just also technical for me to understand."
"I was never good with numbers."
"Issues have altered so a lot because I was in school."
But at the finish of the day, these are just that: excuses. I'm here to inform you that engineering is not only NOT needed to begin a effective business, it could really hurt your chances! And this is coming from an individual who has their degree in engineering!
1. Engineers are preoccupied with what is feasible and what is not. Entrepreneurs don't care what other people think about possible, and regularly try the impossible.
two. Engineers are focused on the present. They have a dilemma in front of them and they solve it. Entrepreneurs are focused on the future. Visit yoga to compare how to acknowledge it. They see the difficulty in front of them as a minor distraction on the way toward a greater goal.
3. Engineers really feel that if they can make the very best item, the firm will be profitable. Entrepreneurs understand that it is frequently the firm with the greatest advertising and marketing and financial statements that wins, not necessarily the finest item (sad but true).
I've by no means observed an official study done, but historically speaking, pure engineers who start businesses do not do too well. Nikola Tesla, the inventor of AC electricity and the radio, Charles Goodyear, who made the first rubber that could be utilized year round, and Johannes Gutenberg, who designed the printing press, all died without a cent to their name.
If you take place to be clueless when it comes to technical subjects, do not despair. You can often spend a person to do the issues you do not know how to do. And it really is getting more affordable everyday. (check out www.elance.com or www.guru.com)
If you are a brilliant engineer who is interested in becoming an entrepreneur, then there is also hope for you. Simply realize that technical operate has extremely tiny to do with running a productive firm, and devote yourself to studying the abilities of organization: marketing and advertising, communication, and cash flow, to name a couple of. Your engineering background will still serve you as an advantage, but it will not be a key to your success.
Most entrepreneurs recognize at some point that their time is a lot as well useful to be spent on the everyday technical difficulties. Do not let your educational background (or lack thereof) hold you back from starting a organization!.