Are you truly an Entrepreneur?

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This question often comes up for me, as I meet so many people that  are in business or say they are Entrepreneurs, but I am not sure if they truly understand what that means!

Because you have a passion for a product or service it does not mean that by opening up a business that you will be successful and make millions. Some people open up and even get into partnerships without even knowing the details or what the legal obligations are.

I meet so many people who have taken the ENTREPRENEUR TEST in my book and have said to me that they scored really low!

Do you really understand what it means to be an ENTREPRENEUR?

We recently did a survey at one of our events and over 50% of the audience had been in business for 2 – 5 years and 97% of them had revenues of less than $50,000 per year and were shockingly only taking home less than $3,000 per month!

What does it really take to be a really successful ENTREPRENEUR?

Guts, tenacity, hunger, focus, great attitude, thick skin, passion, understanding of business, you must be trainable and always willing to learn & implement… these are just a few of the critical criteria!

Plus, you have to have a PLAN (written down) – without a PLAN all the above items are useless!

Having guts, tenacity, focus, great attitude, etc. without a plan is like jumping in your car and saying we are going to Seattle on Vacation and not having a road map of how to get there!

Many business owners should not be business owners and should really look at where they are at before they start a business and put their family’s financial well-being and relationships at risk! Serious risk!

If you have not take the Entrepreneurial test you can find it in my #1 Bestselling book ENTREPRENEUR SUCCESS RECIPE – The Key Ingredients That Separates The Millionaires From The Strugglers! at or on

Have fun determining what ingredients you are missing and learn them from the book so that you can perfect your success recipe!

Author: Colin Sprake is the CEO of Make Your Mark, a Canadian company of live seminars, online entrepreneur academy and live accountability groups that have helped 10,000’s of Entrepreneurs achieve rapid results in small business growth and development. Colin is a best-selling author of ‘Entrepreneur Success Recipe’ and trains for BMO, Sun Life Financial, Scotia Bank, T.D. Bank and lives by the tagline Business With Soul – putting heart back into business!