The difference between the Small Business Owner Mindset and the Entrepreneurial Mindset

The difference between the

small business owner mindset and

entrepreneur mindset

Many small businesses operate under an employee mindset.

If your goal as a small business owner is to grow,

you need to think like an entrepreneur

SBOs solve local problems.

They know their business and target audience.

They work to make their customers happy.

Entrepreneur has big ideas.

They come up with ideas

that have never been tested.

They often start their businesses

unsure their ideas are possible

Small business owners are

More comfortable with predictability.

make calculated, more conservative decisions

Entrepreneurs Love risk.

They jump in without knowing the outcome.

They believe their effort will be worth the risk

Small business owners focus more on

short-term goals such as daily and weekly goals.

They manage employees, work with clients, network, and remain stable.

Entrepreneurs think more long-term and focus on the future.

They outsource as much as possible

so they can grow quickly.

The philosophy of small business owner is attached to their business.

Their goal is to hold on to their business or

keep it in the family.

They like running the day to day.

Entrepreneurs focus on rapid growth,

cost reduction, and profitability.

They set up a business to run without them.

They surround themselves with experts.

Next time, we'll look at some trainings to

change from employee to entrepreneur mindset.

To develop your success mindset

go to http://jgtips.com/smindset.