Listen On: Apple Podcast | Google Podcasts | Spotify | Youtube
In this episode of the Create Your Own Economy Podcast, host Bunmi Ajibade addresses whether listeners are entrepreneurs or “wantrepreneurs.” She starts by explaining that we all start as “wantrepreneurs” during the ideation stage, trying to figure out what we should do and how to navigate the entrepreneurship journey.
The difference between an entrepreneur and a “wantrepreneur” lies in their approach to risk-taking and execution. Entrepreneurs are committed to starting their business and are willing to take risks, such as leaving a secure job or using their life savings. They have a growth mindset and actively execute daily activities to reach their goals.
On the other hand, “wantrepreneurs” are afraid to take risks and often give up quickly when faced with difficulties. They need to be more consistent in their actions.
To transition from a “wantrepreneur” to an entrepreneur, Bunmi encourages listeners to take risks and execute their ideas consistently. She emphasizes the importance of continuous learning, networking, and researching to stay updated and elevate their products or services. She also recommends seeking support from mentors, coaches, or accountability partners to overcome challenges and gain different perspectives.
In conclusion, the episode urges listeners to reflect on their mindset and take actionable steps to become true entrepreneurs, creating their own economy and living the life they desire.
Key Moments:
[00:05:08] Entrepreneurs need to take calculated risks.
[00:08:50] Entrepreneurs learning about customer pain points.
[00:12:22] Entrepreneur seeks mentor and coach for growth.
[00:13:17] Seek help, embrace change, become successful entrepreneur.