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Hold the phone, before you are booking a flight to Maui you need to consider one thing very carefully and ask this question: Do you have what it takes to be an entrepreneur? Are you cut out to be fabulously wealthy?

In order to be positive you should see how you rate on the following five topics, Can you / will you:

-Press on when there is no gratification, results are slow to come? In the beginning the sheer rush of owning your own business will color the way you see and feel about everything. Adrenaline will pound through your veins for days or even a month.

You have pressed on and on and now you are at a wall. Your working hours look a whole lot like your last job and you are just trying to keep the business afloat. The rose colored glasses are gone and to add insult to injury you cant even see where you are making a difference. These are time when motivation is slim and you are just hoping to make it another day.

Answer me just one question: Will you keep at something even if pay off is delayed? If you can honestly answer in the affirmative then you may have what it takes to be an entrepreneur.

-Let a losing idea die? Look, when you spend precious time on an idea it will feel like a part of you and truthfully it is, this is your baby so to speak and it will be hard to turn lose of your brainchild.

No one is perfect and before you know it you can be neck deep in a bad concept that threatens the very life of your business. Is it in you to let go and move on to the next idea in spite of your emotional attachment to the plan? Do this part well and you are on your way to being a good entrepreneur.

-Believe in yourself and your capabilities? There will be those who doubt you, unbelievably some will be your own family. They may cajole you, laugh or even berate you for what you are doing. If they can get to you the chances of you succeeding just went from slim to none.

Are you self aware and sure of your talents and ideas? This is key to the entrepreneurial spirit.

-Have knowledge of the value of your products and service? A beginners biggest problem is knowing how to price their product or service. You will find them working hundreds of hours for peanuts. This occurs most frequently because of the value they put on the product or service they offer. If you tell yourself you would never pay x amount of dollars for something you are bound to price it too low to stay in business.

Remember you are not the target market, you are not the consumer. Since you are providing a needed service or product that is highly valued by consumers you should naturally be paid accordingly. Rest assured if you charge too much the customer will be quick to inform you.

Until that happens you should place a good value on the product or service you are offering. When you value what you are, offering you will be a good entrepreneur.

-Fix a Dilemma? This is the most important characteristic of all, are you the one to solve a problem?

Entreprenuers must be problem solvers, there is simply no one else to solve them. This is your business, your baby if you will and the buck stops with you. All the corporate big dogs are gone and you are the boss!

The biggest reason of all to be a problem solver however is for your customers. If you can find the thing that people are struggling with and then provide a solution you are well on your way to being a good entrepreneur.