Erika Napoletano is
Redhead Writing

Are You REALLY an Entrepreneur?

filed under Blogging, Contests

are you an entrepreneur carol roth




Several times a month, I ask myself this question. It’s usually when clients are late paying, my new bookkeeper is on me about expenses and it seems that 16 out of 17 active projects are going past deadline. But by the time I call it a stopping point for my business clock each day, I can still answer the question in the affirmative.

Yes, I am an entrepreneur.

It’s something I deluded myself into thinking wasn’t true for seventeen years. Working jobs (not careers) and collecting W-2s each year like they were tiny little porcelain dolls, wondering when I’d get up in the morning and really love what I was doing. The problem was: I was good at everything. I could give great interview like a hooker can suck the chrome off a bumper. It was a rare day I didn’t land a job I was after.

And that was it: they were just jobs.

So when the startup I was Director of Communications for told me they couldn’t afford to keep me on (or dole out the money they still owed me in back pay) in August of 2009, I found myself “jobless” six days later. The following Monday morning, the view from my sofa was a lot different than the view from my desk chair. And I had a decision to make: do what I love and make it work or go back to work for someone else.

Given that I was in a financial hole unlike any other since I’d been working for (ahem) free for 2 months, the choice was an easy one: never again would I allow someone else to be in control of my financial future. RedheadWriting LLC was made official. While that had been my freelance name for over two years, it was now my company. And it was sink or swim. Rather – it was the merry-go-round or the roller coaster ride. Guess what I signed up for?

Just over a year later, I’m sitting here writing a blog post about being an entrepreneur on Valentine’s Day. The cats are downstairs, the dogs are…somewhere…and I have a whiteboard of tasks beaming down on me from the wall over my desk. Last year was a six-figure year and I have a team of wonderful contractors who help me make it happend for our clients every day. And today, I’m not in love with my job.

I’m in love with my life. Redhead Writing is a huge part of that.

I want to buy Redhead Writing (now an S-Corp) some overpriced roses (that will be $12.99 tomorrow), a wicked expensive dinner (on the company card) and take it home, shower with it and make raunchy love to it until the wee hours of tomorrow morning.

I love my life.

But Why Am I An Entrepreneur?

It’s more than being the boss and running the show. And I’ll tell you that it’s certainly not for the headaches, late payments and projects that drag on incessantly. It’s because I can never dream of doing anything else other than what I’m doing right now – and that’s waking up each morning and being in love with everything my day holds. Client meetings, copywriting, consulting projects, social web interactions…and taking my dogs to the dog park at noon on a Tuesday. It’s knowing I need a nap at 2:32pm and taking one so I can wake up and kick the rest of the day square in the groin. And while it sounds glamorous to be in control of everything that happens in your day to day and to have wrangled your own destiny…it’s not.

And being an entrepreneur isn’t for everyone.

I was recently sent an advance copy of Carol Roth’s The Entrepreneur Equation. Aside from the fact that she looks delectable on the cover and has an inner snark to rival mine, she’s in complete agreement with the fact that not everyone is cut out to be an entrepreneur. I can’t stand the bullshit-laden “everyone can do it” attitude pushed by the horde of books on the shelves today and was completely ecstatic to find Carol’s laid it out in black and white. She’ll help you figure out on multiple levels if you’re built to be an entrepreneur.

Why I Like “The Entrepreneur Equation”

Short, sweet and to the point, I’ll give you three reasons: Personality, Opportunity, Risk. Carol covers these in spades.

Personality: Are YOU cut out on the most basic of levels to handle entrepreneurship? It’s not glamorous and it sure as hell isn’t easy. Maybe you should figure out if you’re made to be an entrepreneur before you get all in a tizzy about being a business owner. In short – are you a Santa or an elf?

Opportunity: Chapter 24. My god, I want to cut out chapter 24 and wallpaper my office with it. Just because you have money and/or opportunity doesn’t mean you were designed to use it or take it. Do you really want to do this?

Risk: Holy balls, yes – there is risk in being an entrepreneur. Financial, emotional, market – the list is endless! Carol gives readers tangible tools to help evaluate risk verus reward (with a cool game show metaphor) and talks intelligently about what you give up when you leave your “day job” for Entrepreneurville.

I wish I’d had this book ten years ago, as it would have told me that I needed to leave my “jobby” for entrepreneurship. So today, on Valentine’s Day, I’m giving you the chance to fall in love with what you’re destined to do with your career.

I’m giving away two copies of The Entrepreneur Equation. No, these aren’t free copies. I’m buying them and giving them to you. Authors don’t make money by giving books away, so I’m paying for these books with entrepreneurial dollars made from our labors at Redhead Writing.

In the comments section below, just tell me why you want a copy of this book and how you think it might help you. You can be someone who’s always wanted to start their own business but curious about the next steps or a business owner well on their way looking for a bit of perspective. And of course, you’re always welcome to leave comments on other thoughts as well. But on Friday of this week, I’ll announce the winners on my Facebook Fan Page and the blog.

If you can’t wait and just want to buy a copy of The Entrepreneur Equation, use that link (not an affiliate). For each copy of the book that Carol sells this week, she’ll be donating a copy to SCORE.org (an online mentoring resource for business owners – check it out!).

It’s pretty cool that I get to love what I do each and every day. I’m hoping that you will find that for your life as well.

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  • http://www.redheadwriting.com The Redhead

    Bitchin’. Thanks for throwing a softball over the fence, Mike! Tune in Friday and I can completely relate to the “distance from the source” feeling. That’s usually when I give away most of my clothes to Goodwill and go shopping again. In the literal and figurative senses.

  • http://twitter.com/wickedjava Mike Dougherty

    No worries. Thanks for putting this post out there. Even without the offer of a book, you’ve got the brain going in 1,000 directions and questions.

  • http://www.redheadwriting.com The Redhead

    Yes, it’s now become The E Word! Thanks for stopping by today and tune in Friday to see who’s taking home the two copies :)

  • Jose Russo

    Thank you for your post.

    I am in the process of finding an idea for starting up a business of my own, a business in which I hope I can help others to improve their lives. I must admit that the process of getting an idea on what to do has been relly tough, but today I got some great insights from a friend that I know will help me a lot.

    This book would be of great help for me in terms of the direction of this entrepenurial project I am commited to; nevertheless, after reading some of the comments bellow, I think the opportunity of this book as a gift would be bettert in other hands than mine.

    I thank you for this great way of helping others.

  • http://www.ranepcs.co.uk Nick Rapson

    Am I really an entrepreneur? The honest answer is, “I don’t know!”

    First, a bit of background. I’ve always wanted to own my own business and I’ve always believed I could. After spending some eleven years working for The Man in his various IT departments and Helpdesks, I decided that they were all getting it wrong – and that I could do it right. I gave myself a year to get started and in October 2010 I registered my company. I love the idea of being my own boss as well as the thrill of of it!

    I’ve been fortunate enough over the past few months to meet people (albeit on-line) that have advised me, guided me and generally helped me out when I’m making what are apparently such obvious mistakes. But that’s what makes business great. Isn’t it?

    So, no. I don’t know if I’m an entrepreneur or not. But I’m giving it a bloody good shot!

  • http://about.me/Otir Otir

    Nice that you are giving away two books that you bought! That’s a really “paying forward” idea, and I like it. I am impressed and tempted to try my luck. Of course, I could take no chance and decide that either I buy the tempting book myself, or just give it up on it – until my public library purchases it for me to browse, read or study. But I liked your idea, and the dare.

    I remember the first time I wondered if I was an entrepreneur before jumping in the waters of being my own boss. I was not quitting a day job, I had just been dumped out of marriage, and if I had looked at the profiles Ms. Roth describes that are not in favor of trying entrepreneurship (having kids to care for, or no financial backbone), I would have ran away and cried.

    I remember at the time too, that some very well advised friends were telling me – pretty blatantly – that I would eventually have to go back to where I was coming from (basically meaning, go back to mother land and daddy money, or wage labor) and that I had actually cried and ran away, cringing and promising myself to make those friends wrong.

    And six years later, after I never drowned my very small business, and finally feel strong enough to start a new one that will develop – as I envision it – I would really like this time to face what the Entrepreneur Equation has to teach me, check if resilience, determination and guts are entering this equation or not at all. I am curious. Yes, I am curious.

  • Sterling Stevens

    Hi Erika,

    I just (yesterday) devoured an online audio interview that you did with Gregg Murray about copy writing and was impressed with your presence and knowledge. So much so, that I had to learn more about this redhead I had just listened to, so here I am learning about you and making my first post.

    Just as you stated, being an entrepreneur isn’t always glamorous. In fact at times it can be down right ugly, gut wrenching and deleterious to one’s self confidence. Case in point, my 1st foray into the self employed world crashed and burned, ahem succumbed to several economic factors, in early 2009 after 6 years of business.

    I’m now 7 months into my 2nd entrepreneurial venture and find myself oscillating between feelings of “hell yea!” and “what the hell?!”. While I am now ok with the title of entrepreneur and love what I’m doing, I would immediately utilize The Entrepreneur Equation as a source of insight, knowledge and perhaps even validation that my emotional Superman and Chicken Little roller coaster ride is par for the course.

  • http://www.redheadwriting.com The Redhead

    Well, Sterling – that show I did with Gregg was super fun and I’m glad you decided to stop by! I *still* have oscillations between the Hell Yeses and the What the Hells and in my case, I hope they never stop. If I don’t scare the crap out fo myself at least once a day, I’m getting too complacent. Tune in tomorrow and we’ll see if you’re one of the winners. Thanks for coming over to the blog.

  • Peter Morris

    Lecturing in Ireland, I know there are real entrepreneurs to be discovered and encouraged. Every year I see innovative final year projects with real commercial potential. Sadly the best of these projects end as the student completes their degree and continues in further studies or finds a graduate position. This safe route is chosen because the riskier route of entrepreneurship is not seen as a viable choice. These graduates do not see themselves as entrepreneurs, but I do!

    Today, Ireland’s economic landscape has changed significantly. It is focusing on job creation, particularly from indigenous start-ups with international growth potential. I know this future is dependant on forging the entrepreneurial spirit that must be present in many of these graduates. I could contribute to finding these entrepreneurs of the future it could make a real positive change. Perhaps I’ll find my own inner entrepreneur along the way!

  • http://www.redheadwriting.com The Redhead

    Hi Sam – appreciate you stopping by. I announced the winners last Friday but maybe you’ll decide to grab a copy of Carol’s book because it’s JUST THAT GOOD!

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