The world is full of entrepreneurs. They are the innovators, the risk-takers, the opportunity seekers and the limit pushers. Their goal is to build a business, make a profit, and perhaps more importantly, make a difference in the lives of others.
But out of the millions of entrepreneurs that exist in the world today, only a small handful of them manage to become ultra successful, often achieving billionaire status in the process. Entrepreneurs like Elon Musk, Richard Branson, Oprah Winfrey, Mark Zuckerburg, Bill Gates, Warren Buffett, and Jeff Bezos, just to name a few.
To be fair, not every entrepreneur strives to build an empire that earns billions, serves millions and employs tens of thousands of people or more. Most entrepreneurs have a vision for their company that is much more modest. For most entrepreneurs, the goal is simply to keep surviving.
But for those of you that do want to someday make an appearance on the Forbes list of the world’s billionaires, here are seven warning signs that your goal of making it big might just be a pipedream, and you should probably re-evaluate the size of the vision you have for your business:
1. You are afraid to challenge the status quo
The first sign that you will never make it big in business is that you are afraid to challenge the status quo. You prefer to work within the confines of your comfort zone (aka familiarity). You are only willing to do what has already been tested and proven. You aren’t creating anything new. You aren’t revolutionizing your industry. You aren’t testing the limits of what is possible.
The world’s most successful entrepreneurs are all innovators. They are the catalysts for major changes in the marketplace. They have the foresight to see where the world is going, and more importantly, they know how to adapt. Organizations that resist major change are at the mercy of the ones that create those changes. The fall of Blockbuster and the rise of Netflix is just one example.
“Innovation distinguishes between a leader and a follower.” — Steve Jobs