How to Become an Entrepreneur

How to Become an Entrepreneur

We’ve all heard the benefits of being an entrepreneur, i.e. job creator, over being a job seeker. In my honest opinion however, to decide whether being an entrepreneur is better needs more consideration and thought rather than just outweighing the pros and the cons. Let us analyze this step by step.

Maslow’s Hierarchy of Needs

Consider the Maslow’s Hierarchy of Needs. This model is a motivational theory which comprises of a five-tier model of human needs. The pyramid can be divided into two segments. The bottom four blocks are called deficiency needs and the tip of the ice-berg is called the growth needs. These segments are what distinguish whether an individual aspires to become a job creator or a job seeker.


One wishes to become an entrepreneur when one desires to gain experience, experiment with creativity or express oneself. The person would not balance the pros and cons, all the person would want is to live life and do something he or she would be satisfied with. Every person is capable of becoming a job creator, even if the person starts from ground level and barely has any expertise. It is all about the desire to realize his or her own talents and qualities. 

Psychological

The Three W’s

To become a job creator, the individual must analyze his or her needs and wants. The person must have that fire inside to become an entrepreneur. There is no ‘one size fits all’ strategy that she would follow because by nature, a human being will work to the extent to have his or her desires fulfilled. The only strategy one must follow is to ask oneself the three W’s as I call it, what, who and why. What do I want to do? Who do I see myself in the future? Why should I become an entrepreneur? As soon as these questions are answered with great detail, then he or she can act in a manner to achieve that position to become an entrepreneur.

The Root Cause

The matter of becoming a job creator rests on where the desire can come from. It is safe to say, based on my classmates’ and my experience, we barely have come across teachers showing us what it means to be successful. We often associate success with materialistic things such as money and fame. On the contrary, Mindcob believes that the key to success is to correctly identify one’s talents and qualities and implement them.

Go for the gusto to become not only a successful entrepreneur but also an ethical entrepreneur. One that can make a positive difference in people’s lives during one’s tenure of being a job creator.

Details of Author

This blog is written by Furqan Afzal (Marketing Head of MINDCOB).

If you need any consultancy, just contact us for our services.

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