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Loner entrepreneurs

Posted by Michael Bloch in ecommerce (Tuesday January 23, 2007 )

Were you somewhat of loner as a child, but became an online business entrepreneur? You’re in very good company.

Entrepreneur, Inc. are reporting on a QuickBooks survey of 1300 small business proprietors that shows 43% of entrepreneurs stated they were “loners” as kids and 23% as “nerds”. 85% of those business owners surveyed were sole proprietors, i.e. no staff.

These figures make a lot of sense to me. According to the dictionary, an entrepreneur isn’t necessarily an extroverted filthy-rich playboy (or girl), but simply “A person who organizes, operates, and assumes the risk for a business venture”.

Loners are comfortable with independent thought and getting things done by themselves wherever possible. The Internet provides an excellent environment for this mindset.

On some levels they care what others think, but not to the point of it interfering with their dreams and convictions. More social people will tend to take greater heed of a friend saying “that’s a dumb idea”. They often need the acceptance of their peer group to push something through or will alter their course substantially for the same reason.

I’d be interested to see a survey of entrepreneurs who become owners of mega-businesses that employ many people. I have a sneaking suspicion that the situation may be somewhat different; that these people are generally more extroverted.

I’ve often found that small business entrepreneurs who fit the loner category have no intentions of growing so big that they can’t handle their business operations on their own – even if they do employ other staff and even if the lure of incredible riches is just under their nose. It’s a control issue, nothing nasty, but simply a means of being able to maintain an environment they are comfortable in and staying true to themselves.

And there’s nothing wrong with that at all.

Whether you’ve just been offered $2 billion for your business by a multi-national, or you’re just cruising along making the money you need to get by – if you’re happy in what you are doing in your business and given that most small businesses fail within the first few years; the success achieved is equal in my opinion. So hats off to all you entrepreneurs, making it big or small!

Learn more about the mindset of successful small online business entrepreneurs.

By the way; the survey showed that only 1% of those people who are entrepreneurs described themselves as bullies. That’s because as we all know, bullies either wind up in jail or become middle-management executives ;).


2 comments for Loner entrepreneurs
  1. I’m one of those ; )
    good article!!

    Comment by Lizi — January 30, 2007 @ 8:32 am

  2. Thanks for the feedback Lizi! – I assume you mean you’re a loner entrepreneur rather than the middle management bully type I mentioned ;)

    Comment by Michael Bloch — January 31, 2007 @ 2:27 am

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