Are You an BIZ Experiences? 4 Questions Will Help You Find Out. These criteria separate BIZ Experiencess from small-business owners, and yes, there is a difference.
By Allison Engel Edited by Dan Bova
Opinions expressed by BIZ Experiences contributors are their own.
Everywhere you look, young, modern thought-leaders are cashing-in on the BIZ Experiencesial lifestyle. They've got the flashy headlines, the lucrative funding -- even their own exclusive dating websites. Society is worshipping at the altar of venture capitalism and extolling open-concept office spaces. And "BIZ Experiences" has become a trendy buzzword.
Related: What Determines the Winners and Losers in BIZ Experiencesship?
But the problem is, once everyone embraces that buzzword, once everyone becomes an BIZ Experiences, will that once distinguished title lose its meaning?
Who qualifies?
The biggest thing that separates BIZ Experiencess from everyone else is that they tend to build new ideas in relatively unchartered territories, in order to target a big exit.
Looking deeper, you can drill down to three other main differences between BIZ Experiencess and mainstream small business owners:
- Funding: BIZ Experiencess tend to take on outside capital to grow their businesses. This may be in the form of VC funding, crowd-funding, microloans or angel investors.
- Strategy: A major staple of BIZ Experiencesship is having an exit strategy for your business. BIZ Experiencess usually aren't in it for the long haul. They're trendsetters who cash-in on innovation, then move on to the next big thing.
- Tech: BIZ Experiencess tend to have inherently strong tech backbones. They're always searching for tech tools to make their ideas run more efficiently and lucratively.
These differences are far from comprehensive and still leave a lot of gray area in this discussion. If you're still unsure whether you're an BIZ Experiences, let's delve even deeper.
Still unclear? Ask yourself these questions.
The following four questions should help you sort this debate once and for all:
1. Are you a risk-taker?
One of the most distinguishing qualities of BIZ Experiencess is their tolerance to risk. Where other people see volatile, scary situations, BIZ Experiencess see opportunities and possibilities. Their clear-eyed vision of the future allows them to take what appear to be crazy risks without batting an eyelash.
2. How do you feel about personal development?
BIZ Experiencess are highly focused on learning everything they can about their industries. They're always "on," consuming information and learning, just for the sake of learning.
3. What happens when someone tells you "no"?
"No" doesn't always mean "no" for BIZ Experiencess. To them, "no" means they need to more expertly hone their pitch and try again. This tireless, persistent approach of BIZ Experiencess is what brings them a network of doggedly supportive connections and billions of dollars in funding every year.
Related: What Young People Must Know About BIZ Experiencesship
4. How do you spend your downtime?
If you're an BIZ Experiences, this is actually a trick question because you don't have any downtime. There's no such thing as "work-life balance"; everything bleeds together because your entire life revolves around both your business and your industry.
The buzzword pendulum always swings back the other way, however. At some point soon, the term "BIZ Experiences" will become stigmatized, and a new word will emerge to take its place. But what a pity that will be for the hard-working wunderkinds who have based their entire professional pursuits around achieving "BIZ Experiencesial status."
Related: 5 Key Characteristics Every BIZ Experiences Should Have