Apr 25 2011

Becoming An Entrepreneur

ALL THERE IS

                   

FOR CERTAIN

                                

. . . IS YOU!

 

Becoming an entrepreneur is not like becoming a corporate guy or (thank heaven) a politician. In Entrepreneurville, there are no rules about how to think, or operate, or create, or market, or finance.

All there is for certain is you!  

Why is that different from corporate life? You may have your own team, but you’re not part of somebody else’s.

All there is for certain is you!

And surely you haven’t the time or inclination to indulge in the under-pinning of all corporate existence: analysis paralysis. By the time your corporate counterpart initiates some market study, you could introduce your product, service or idea, take it back, adjust it, re-introduce it and be making money!

What makes entrepreneurship different from politics? For openers, winning popularity contests seldom has any value. And, for closers, truly successful entrepreneurs only win by exercising consistent integrity. In between the openers and closers is a vast wasteland of propaganda, distortions and outright lies embedded in every election.

It’s making your ideas work that counts. It’s finding ways –channels, roads, avenues, strategies– to get from where your ideas are now, to where you want them to be.

Sometimes that “finding” process needs the help of others. But if you’re an entrepreneur with great ideas and no ability to engage and manage others to provide the help you need, you’re not likely to ever get where you want to be.

The number one reason for new business failure is “poor management.”

So start at the beginning. Realize that having great ideas, and being driven with burning desire to achieve results with them is paramount. But knowing how to manage things, people, systems, and operations to get your ideas on the launchpad is an equally critical challenge.

Spare yourself false starts.

When you jump the gun, rush to judgment, make assumptions, take shortcuts –even though these steps might be well within your comfort zone because you’re an action-oriented kind of person– you are setting yourself up to take huge (and probably expensive) unreasonable risks.

True entrepreneurs take only reasonable risks! 

It is the utmost and arguably most important of all reasonable risks for an entrepreneur to take: to expend the time and energy to gobble up every available shred of information about how to communicate clearly with and motivate others . . . how to be a leader and exercise productive leadership that’s followed eagerly.

Of course there are many behavioral and personality traits associated with entrepreneurial instincts, and those are not to be underestimated for the values they bring to the table, but genuinely successful entrepreneurs are historically those who cut out and apply big chunks of management expertise and leadership know-how.

If this subject matter gives you queasy feelings, or you start to hear your knees knocking when someone suggests that a management psychology or professional growth and development or therapeutic group experience might serve your entrepreneurial pursuits big time, take that road less traveled. It pays the biggest dividends.

All there is for certain, you know? 

 

# # #

Hal@Businessworks.US or 931.854.0474

 “The price of freedom is eternal vigilance!” [Thomas Jefferson]

Thanks for visiting. Go for your goals. God Bless You.

Make today a GREAT day for someone!

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