I think that the most important thing for an entrepreneur is to believe in himself or herself. One has to realize that the person himself / herself is the biggest source of inspiration and motivation. It is the self confidence that matters hugely if not completely.
I have been a social entrepreneur by virtue of the child education project for close to three months now and as mentioned in my previous post, am on the verge of starting another venture which is the design firm. It is totally unthinkable if I were to not have the self belief.
The good thing about being an entrepreneur of any kind is that it gives you this immense self satisfaction. The satisfaction of trying to fulfill a dream. It allows one to be at peace with the soul. The conflicts that arise out of doing something that does not please the soul is unbearable. And so one by virtue of putting your heart, effort, time and money into doing things that one likes, one creates a pathway to fulfill that dream. And in that process satisfy the soul.
The not so good part about being an entrepreneur is that one is always short of time. Time management hence becomes the key. There is always the thought that a minute could be utilized for something productive. For making that one phone call that could make things, or that one mail that could strike a deal for a project. And the wish that there was more than just 24 hours in a day.
Being a social entrepreneur has its own set of challenges and limitations and I think that it is more challenging than any other kind. This I primarily think is due to the basic nature of humans to feel secure. And call it unfortunate, but money happens to be the prime culprit of making people insecure.
The other thing that is required is trust. There is a lot of trust that one has to have. Firstly in oneself, then in the partners, your family and friends and the close circle of people who believe in you and finally the trust in the almighty.
I do not go to temples often, but I do know that the trust is there in him. I do not fear failure. I know that everyone fails. There have been innumerable instances of things not going the way that it is planned. But then only when one has tasted failure, they realize the sweetness of success.
A college professor often said 'Fail Early, Fail Often.' I think I have stuck by those words.