Congratulations. You’re An Entrepreneur. - Forbes

Congratulations. You’re an entrepreneur. 

You may not be a business owner, or an investor, or a leader of note. But you are still an entrepreneur.

An entrepreneur is anyone who looks for opportunity and creates value from it. Who gets more out of something than they put into it. If you have ever improved your home, sold something on eBay, even donated something of value to a worthy cause, you should feel free to use the title.

Too often, business tries to be an arcane world, meant only for the wise geniuses who understand balance sheets, P&L ledgers, series A financing rounds, and leveraged buyouts. But business is nothing more than selling something that someone wants to buy. Or, even simpler, offering something that someone wants to take. It doesn’t require an MBA or years of experience in a VC firm. Being an entrepreneur really just requires calling yourself an entrepreneur. Then building value every day.

In the old west, doctors were often just people who called themselves “doctor.” There was no time and there were no facilities nearby for getting the education necessary to attain a full-fledged medical degree. If you were willing to work around sick people, and you had a few sharp tools (it's no surprise that barbers were often the surgeons in those days), you could call yourself a doctor and people would accept it. In fact, the word “doctor” was co-opted from the appellation for professors to convey a distinctive title on a then-dubious profession. “Barber who also cuts out organs” didn’t have the same ring to it.

The origin of the word “entrepreneur” comes from the French, literally meaning “one who undertakes” (as opposed to an undertaker). The word probably originated in the theater, for a job that we would probably call “producer” today. It wasn’t until the industrial revolution of the mid-1800s that the word jumped the channel to England, taking on the meaning we know today, usually a businessperson willing to risk capital to produce a product.

The word goes in and out of fashion, supplanted by “inventor,” “investor,” “venture capitalist,” “founder” depending on the tenor of the times. Today, the word is often used in tandem with the adjective “entrepreneurial.” With so much technological innovation, from YouTube influencers to TikTokers, Uber drivers, eBay sellers, you name it, entrepreneurialism is everywhere.

Most people are still reluctant to call themselves an entrepreneur. Why do they think their achievements aren’t worthy of the word? Or does the word seem a little shifty, denoting a modern-day mountebank (another great word), bent on self-promotion, unscrupulous precisely because no special degree is required?

America prides itself on celebrating entrepreneurialism. If the pandemic has shown us nothing else, we have learned how important small businesses are to the lifeblood of communities. Towns that lose their factories can be depressing. Towns that lose their restaurants and small shops are virtually uninhabitable.

To be a successful businessperson who makes a living from creating a profitable company takes much more work than simply calling yourself an entrepreneur. But the process starts in your mind, by thinking that you are worthy of the word. If you have a dream that you’re executing on, however small, however sporadically, then you are being an entrepreneur. Start calling yourself that word. Has a nice ring to it, doesn’t it?

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Congratulations. You’re An Entrepreneur. - Forbes
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