Episode 564: What Makes Someone A REAL Entrepreneur?

**Shani** (0:01)
Hi, guys, it's Tony Robbins. You're listening to Habits and Hustle.

**Jen Cohen** (0:04)
Crush it.
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Welcome back to Habits & Hustle solo edition. Well, kind of solo edition. I do have my foil Shani with me, but you can't see her because we only have one camera. So you hear her, but you don't see her. And we just kind of just jibber jabber on current topics that are interesting, at least to us, hopefully to you. And today's topic, we're going to talk about, I feel, something that is so overused, which is the word entrepreneur. I mean, is everybody now an entrepreneur because of Instagram and social media? I feel like it's become the sexy hashtag. Everybody now wants to be an entrepreneur. It's so overused.

**Shani** (2:17)
I had a serial entrepreneur in my Clubhouse bio for about a week because a friend told me I should put it there.

**Jen Cohen** (2:23)
Yeah, everyone has it in their bio.

**Shani** (2:24)
And then I was like, this needs to go.

**Jen Cohen** (2:26)
Okay, every bio now, if you look on anybody's bio, it has the word entrepreneur. You could be like a dog walker slash, I don't know, I guess meditation guru.
Okay. And then you have the word serial entrepreneur, because I think what happens is everyone assumes, well, if I'm my own business, I guess technically you are an entrepreneur, right?

**Shani** (2:48)
Technically you are. Just so many people are now starting their own things and even if it's like a small thing, they're counting themselves as an entrepreneur, but it is exhausting.

**Jen Cohen** (2:56)
I guess the question is like what classifies or what are the qualifications to make somebody an entrepreneur? Because there's a lot of people out there who may think or want to be an entrepreneur because it's become that sexy hashtag, but they don't have the characteristics that make a good entrepreneur. So there's nothing wrong with not being an entrepreneur and being something else.
But now everyone's an entrepreneur.

**Shani** (3:23)
Well, I feel like you're asking the question between what's a successful entrepreneur and what's just not.

**Jen Cohen** (3:28)
No, I'm not. I'm asking a few different questions. My first question is, what are the characteristics of actually being an entrepreneur? Number one, not just saying you are because it sounds good and it sounds sexy because it's trendy right now. That's the first question. The second question I have is, not even a question, I have a bone to pick with the fact that there's so many people now just selling horses like as to how to be a successful entrepreneur. But these people, the only entrepreneurial thing that they're doing are selling these courses to entrepreneurs, but they don't have any actual experience or background in building a company or doing anything entrepreneurial. But they're just now doing funnels. So is that an entrepreneur because you thought about that idea to then make money off of the program? So technically, you are an entrepreneur.

**Shani** (4:22)
Technically, anyone who has their own business or starts their own business is technically an entrepreneur. But I think some people who are just entrepreneurial in spirit, but don't necessarily have a business, still also call themselves entrepreneurs.

**Jen Cohen** (4:34)
That's a great point. So there is a major...
No, I think that's so true. I really believe there is a big, big difference between being an entrepreneur and being entrepreneurial. Right? And maybe wanting to work on being an entrepreneur. But from my perspective, anyway, I think of it as if someone has actually done something repeatedly over time and got up, failed, got up again, tried it, created something. There has to be an amount of time put in to call yourself an entrepreneur, or actually have grown or built a business to some extent. As opposed to just thinking entrepreneurly and being like, you know what, I can make money off of doing this thing. And let's just see how it goes for a couple of months or a year.