ENTREPRENEURIAL TRAITS: OUTCOME ORIENTED

Outcome oriented is one of the entrepreneurial traits that is highly needed and applied to operate the business by the entrepreneur. Outcome orientation is a personality tendency in which people define success and failure based on winning and defeated. An outcome orientation is where the outcome is all that matters, for instance, whether you lose or win or achieve a certain target is strikingly different with something like a process orientation, where the focus is on the way you play or perform. For example, a long jumper with an outcome orientation will be concentrating on jumping at a particular distance or winning the tournament, whereas someone with a process orientation will be thinking more about the details of their style and performance and will be happy with the outcome even if they do not win if they feel that they actually performed well.

Entrepreneurs who are tend to be an outcome oriented people will have the mind-set that ask how they can achieve something, what they could do now to get there, how does getting the results feel and so on. If you think outcome oriented, you tend to see at the end in your mind and you are looking for the fastest way to go there. No matter how good the process, at the end of the day, the final results is what people looking for and that is the proof that we have done well. An entrepreneur should run their business by expecting good results. Actually, process oriented is as important as outcome oriented. To become an excellent entrepreneur, we must be able to define how much profits or revenue that we can gain through our investment, whether it is highly demand and how you can survive. If entrepreneurs cannot define it, there will be more risk in the future or even worse they had to shut down their businesses.

One of a very successful and also a very well-known entrepreneur is none other than Bill Gates. He owns an assets which is worth 79.2 billion USD and as we all know that the source of his wealth is from the Microsoft. He is an investor, inventor, philanthropist, computer programmer and American business magnate. He is a very good example of the outcome oriented entrepreneur. This is because he said that he prefer to hire a lazy person to do the hard job as the person will find an easy way to do it. This shows that he cares more about the outcome rather than the process itself. Other than that, he is a drop out student from Harvard University, but he shows that even though that he has been kick out from university, he still manage to become the richest person in the world. After all, the results is what matters most.