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Fryday is an auxiliary business name of Seared AB headquartered in Stockholm, Sweden, [VAT:
SE556768364301]. Fryday and its graphic representation is a registered community trademark [No
012891883] protected by the European Union.
Fryday can be contacted at email: info@fryday.net, phone: +46851972392 or Skype:
FrydayInternational.
Fryday’s website: www.fryday.net.
Postal Address: Fryday, Searead AB; Fagerövägen 18, 79153 Falun, Sweden
	
  
	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
   	
  
	
  
Characteristics	
  An	
  Entrepreneur	
  Should	
  Not	
  Have	
  
To	
  become	
  a	
  successful	
  entrepreneur	
  a	
  person	
  has	
  to	
  have	
  many	
  character	
  traits	
  that	
  
are	
  not	
  common	
  among	
  the	
  general	
  population	
  and	
  he	
  must	
  also	
  be	
  able	
  to	
  withstand	
  
some	
  of	
  the	
  feelings	
  and	
  behaviours	
  that	
  are	
  generally	
  what	
  society	
  consider	
  signs	
  of	
  
success.	
  The	
  below	
  characters	
  traits	
  are	
  very	
  common	
  in	
  society	
  but	
  for	
  an	
  
entrepreneur	
  they	
  can	
  be	
  disastrous.	
  
Risk	
  Aversion	
  
If	
  you	
  are	
  afraid	
  to	
  put	
  yourself	
  in	
  front	
  of	
  your	
  potential	
  clients	
  by	
  bringing	
  your	
  goods	
  
to	
  the	
  market	
  you	
  have	
  already	
  failed	
  and	
  if	
  you	
  need	
  investors	
  but	
  are	
  afraid	
  they	
  will	
  
reject	
  you	
  it	
  will	
  hamper	
  your	
  business’	
  growth	
  and	
  development.	
  	
  If	
  you	
  are	
  risk	
  
averse	
  you	
  should	
  probably	
  avoid	
  running	
  a	
  business	
  altogether.	
  	
  
Prestige	
  
If	
  you	
  have	
  to	
  show	
  off	
  and	
  express	
  your	
  success	
  through	
  luxuries	
  and	
  other	
  symbols	
  of	
  
status	
  it	
  will	
  cost	
  you	
  resources	
  you	
  could	
  have	
  and	
  probably	
  should	
  have	
  invested	
  in	
  
meeting	
  the	
  needs	
  of	
  your	
  clients	
  and	
  this	
  can	
  cause	
  your	
  business	
  to	
  fail.	
  	
  	
  
Pride	
  
If	
  you	
  feel	
  you	
  are	
  too	
  important	
  to	
  deal	
  with	
  and	
  work	
  with	
  the	
  simpler	
  tasks	
  of	
  your	
  
business	
  operation	
  and	
  therefore	
  hire	
  people	
  to	
  do	
  this	
  work	
  for	
  you	
  it	
  will	
  consume	
  
resources	
  you	
  could	
  have	
  and	
  should	
  have	
  used	
  to	
  build	
  the	
  foundation	
  of	
  your	
  
business.	
  You	
  will	
  also	
  miss	
  out	
  on	
  important	
  knowledge	
  about	
  your	
  business,	
  which	
  
increase	
  the	
  likelihood	
  of	
  you	
  making	
  mistakes	
  and	
  these	
  mistakes	
  can	
  cost	
  you	
  clients,	
  
effectiveness	
  and	
  efficiency.	
  	
  
Lack	
  Of	
  Focus	
  
Entrepreneurs	
  who	
  cannot	
  decide	
  on	
  what	
  to	
  focus	
  on	
  but	
  have	
  side	
  jobs,	
  continuously	
  
start	
  new	
  projects	
  and	
  launch	
  new	
  products	
  and	
  services	
  despite	
  not	
  yet	
  making	
  
money	
  on	
  any	
  of	
  them	
  will	
  likely	
  burn	
  the	
  capital	
  they	
  have	
  before	
  having	
  operational	
  
profits	
  and	
  therefore	
  they	
  might	
  risk	
  bankruptcy	
  due	
  to	
  a	
  very	
  bad	
  cash	
  flow.	
  Doing	
  
everything	
  half	
  good	
  is	
  exactly	
  the	
  same	
  as	
  doing	
  nothing	
  really	
  good	
  at	
  all.	
  	
  
Need	
  For	
  Life	
  Balance	
  
If	
  you	
  want	
  to	
  become	
  a	
  successful	
  entrepreneur	
  you	
  can	
  forget	
  about	
  social	
  balance	
  
and	
  should	
  not	
  feel	
  about	
  forgetting	
  it.	
  If	
  long	
  vacations	
  sleep-­‐in	
  mornings,	
  weekends	
  
at	
  the	
  golf	
  course,	
  culture	
  events	
  with	
  your	
  partner,	
  watching	
  your	
  children	
  or	
  other	
  
distractions	
  are	
  important	
  for	
  you	
  to	
  function	
  as	
  a	
  person	
  you	
  are	
  not	
  an	
  entrepreneur.	
  
 
	
  
Fryday is an auxiliary business name of Seared AB headquartered in Stockholm, Sweden, [VAT:
SE556768364301]. Fryday and its graphic representation is a registered community trademark [No
012891883] protected by the European Union.
Fryday can be contacted at email: info@fryday.net, phone: +46851972392 or Skype:
FrydayInternational.
Fryday’s website: www.fryday.net.
Postal Address: Fryday, Searead AB; Fagerövägen 18, 79153 Falun, Sweden
	
  
	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
   	
  
All	
  these	
  joyful	
  activities	
  that	
  makes	
  a	
  life	
  complete	
  are	
  not	
  for	
  entrepreneurs.	
  
Entrepreneurs	
  don’t	
  live	
  complete	
  and	
  balanced	
  lives.	
  	
  	
  
Lack	
  Of	
  Endurance	
  	
  
It	
  takes	
  an	
  enormous	
  effort	
  and	
  usually	
  much	
  longer	
  time	
  than	
  initially	
  expected	
  to	
  
build	
  a	
  successful	
  business.	
  The	
  stories	
  about	
  immediate	
  success	
  that	
  have	
  become	
  
urban	
  legends	
  are	
  based	
  on	
  cases	
  so	
  rare	
  that	
  there	
  is	
  a	
  greater	
  chance	
  of	
  becoming	
  
rich	
  by	
  buying	
  a	
  lottery	
  ticket.	
  Entrepreneurs	
  who	
  are	
  unwilling	
  or	
  unable	
  to	
  work	
  
hard	
  for	
  a	
  long	
  time	
  even	
  when	
  it	
  feels	
  like	
  the	
  business	
  is	
  about	
  to	
  go	
  under	
  are	
  not	
  
likely	
  to	
  become	
  successful	
  but	
  rather	
  likely	
  to	
  lose	
  speed	
  and	
  succumb	
  due	
  to	
  
inactivity	
  and	
  exhaustion.	
  	
  
Anders Östlund
Founder of Fryday, An International Network Of Professionals
Did you enjoy this article? There are plenty of more useful articles on how to
succeed in business at Fryday’s Business Blog.
You are also more than welcome to post your articles at Fryday’s Business Blog.
For blogging, partnerships or other questions you can contact us
at info@fryday.net.
Fryday is organizing several types of networking events and provide social and
professional networking in cities across the world.
Fryday	
  is	
  a	
  very	
  low	
  cost	
  franchise	
  with	
  presence	
  in	
  cities	
  and	
  countries	
  across	
  the	
  world.	
  
Read	
  more	
  about	
  Fryday’s	
  low	
  fee	
  event	
  franchise	
  or	
  contact	
  us	
  at	
  franchise@fryday.net	
  
for	
  more	
  information.	
  
	
  

More Related Content

Characteristics An Entrepreneur Should Not Have

  • 1.     Fryday is an auxiliary business name of Seared AB headquartered in Stockholm, Sweden, [VAT: SE556768364301]. Fryday and its graphic representation is a registered community trademark [No 012891883] protected by the European Union. Fryday can be contacted at email: info@fryday.net, phone: +46851972392 or Skype: FrydayInternational. Fryday’s website: www.fryday.net. Postal Address: Fryday, Searead AB; Fagerövägen 18, 79153 Falun, Sweden                                       Characteristics  An  Entrepreneur  Should  Not  Have   To  become  a  successful  entrepreneur  a  person  has  to  have  many  character  traits  that   are  not  common  among  the  general  population  and  he  must  also  be  able  to  withstand   some  of  the  feelings  and  behaviours  that  are  generally  what  society  consider  signs  of   success.  The  below  characters  traits  are  very  common  in  society  but  for  an   entrepreneur  they  can  be  disastrous.   Risk  Aversion   If  you  are  afraid  to  put  yourself  in  front  of  your  potential  clients  by  bringing  your  goods   to  the  market  you  have  already  failed  and  if  you  need  investors  but  are  afraid  they  will   reject  you  it  will  hamper  your  business’  growth  and  development.    If  you  are  risk   averse  you  should  probably  avoid  running  a  business  altogether.     Prestige   If  you  have  to  show  off  and  express  your  success  through  luxuries  and  other  symbols  of   status  it  will  cost  you  resources  you  could  have  and  probably  should  have  invested  in   meeting  the  needs  of  your  clients  and  this  can  cause  your  business  to  fail.       Pride   If  you  feel  you  are  too  important  to  deal  with  and  work  with  the  simpler  tasks  of  your   business  operation  and  therefore  hire  people  to  do  this  work  for  you  it  will  consume   resources  you  could  have  and  should  have  used  to  build  the  foundation  of  your   business.  You  will  also  miss  out  on  important  knowledge  about  your  business,  which   increase  the  likelihood  of  you  making  mistakes  and  these  mistakes  can  cost  you  clients,   effectiveness  and  efficiency.     Lack  Of  Focus   Entrepreneurs  who  cannot  decide  on  what  to  focus  on  but  have  side  jobs,  continuously   start  new  projects  and  launch  new  products  and  services  despite  not  yet  making   money  on  any  of  them  will  likely  burn  the  capital  they  have  before  having  operational   profits  and  therefore  they  might  risk  bankruptcy  due  to  a  very  bad  cash  flow.  Doing   everything  half  good  is  exactly  the  same  as  doing  nothing  really  good  at  all.     Need  For  Life  Balance   If  you  want  to  become  a  successful  entrepreneur  you  can  forget  about  social  balance   and  should  not  feel  about  forgetting  it.  If  long  vacations  sleep-­‐in  mornings,  weekends   at  the  golf  course,  culture  events  with  your  partner,  watching  your  children  or  other   distractions  are  important  for  you  to  function  as  a  person  you  are  not  an  entrepreneur.  
  • 2.     Fryday is an auxiliary business name of Seared AB headquartered in Stockholm, Sweden, [VAT: SE556768364301]. Fryday and its graphic representation is a registered community trademark [No 012891883] protected by the European Union. Fryday can be contacted at email: info@fryday.net, phone: +46851972392 or Skype: FrydayInternational. Fryday’s website: www.fryday.net. Postal Address: Fryday, Searead AB; Fagerövägen 18, 79153 Falun, Sweden                                     All  these  joyful  activities  that  makes  a  life  complete  are  not  for  entrepreneurs.   Entrepreneurs  don’t  live  complete  and  balanced  lives.       Lack  Of  Endurance     It  takes  an  enormous  effort  and  usually  much  longer  time  than  initially  expected  to   build  a  successful  business.  The  stories  about  immediate  success  that  have  become   urban  legends  are  based  on  cases  so  rare  that  there  is  a  greater  chance  of  becoming   rich  by  buying  a  lottery  ticket.  Entrepreneurs  who  are  unwilling  or  unable  to  work   hard  for  a  long  time  even  when  it  feels  like  the  business  is  about  to  go  under  are  not   likely  to  become  successful  but  rather  likely  to  lose  speed  and  succumb  due  to   inactivity  and  exhaustion.     Anders Östlund Founder of Fryday, An International Network Of Professionals Did you enjoy this article? There are plenty of more useful articles on how to succeed in business at Fryday’s Business Blog. You are also more than welcome to post your articles at Fryday’s Business Blog. For blogging, partnerships or other questions you can contact us at info@fryday.net. Fryday is organizing several types of networking events and provide social and professional networking in cities across the world. Fryday  is  a  very  low  cost  franchise  with  presence  in  cities  and  countries  across  the  world.   Read  more  about  Fryday’s  low  fee  event  franchise  or  contact  us  at  franchise@fryday.net   for  more  information.