Jan 29 2017

KNOWING WHEN AND WHERE TO STOP . . .

RELENTLESS PURSUITS

Can They Sputter and Flip Into Reverse?

 

The crazier you become about an entrepreneurial venture, the better it is IF you are (actually, and against all odds) a true entrepreneur.

If, in other words, you  work yourself into a frenzy because you have what you think is a great idea, you start thinking about applying to “Shark Tank,” you’re ready to bet the farm on your brainstorm because friends and family encourage you, and you know in your heart you’ve got what it takes to revolutionize the marketplace.

But–in the end– you don’t have that magical,

mystical entrepreneurial INSTINCT:

Prepare to Crash!

“Entrepreneurship” is NOT what all the universities and

colleges and entrepreneur centers are actually teaching.

  • Just because some disillusioned government leader rewards the dreams of an aspiring faculty member a wad of grant money, doesn’t mean you, the student, will learn how and be able to become an entrepreneur. 
  • Just because some misguided instructor thinks that “teaching entrepreneurship” will generate increased personal income for her or his family vacations while simultaneously being able to ignite the community economy, doesn’t mean you, the student, will learn how and be able to become an entrepreneur.
  • And just because campus administrators are dancing in the board room because one of their faculty has just generated grant money into their building fund, does not mean that you, as a student, will learn how and be able to become an entrepreneur. 

Neither does any of it mean that what you learn can be turned into a cash cow for you or your friends or family or community–all of whom, because of your genius and your wonderful entrepreneurial training will be able to live happily ever after.

B e c a u s e :

No one can TEACH you

how to become an entrepreneur!

 

You can learn about how an entrepreneur thinks and acts and makes things happen, and you can convince yourself that you can muster what it takes to follow these guidelines into Entrepreneurville.

You will hopefully discover in time to save your savings that entrepreneurs are NOT the risk-takers most of society would have us believe. Risk-taking is NOT a trait of entrepreneurs. Real entrepreneurs take only REASONABLE risks.

But you can’t and you won’t fit the elusive entrepreneurial “mold” (if there is such a thing) unless you were born with the instinct — the will to succeed at all costs and, the most crucial characteristic: the ability to take the intuitive steps necessary to make that happen.

Lectures and textbooks and “hands-on” activities can give you a sense of what it’s all about, but they cannot instill instinct. 

Does not having this deep-seated sense of intuition the inherent ability to have innate, inherent, inbred, spontaneous, consistently productive hunches-mean that you’ll fail?

No. It simply means you are not an entrepreneur. But not being the entrepreneur you thought you were doesn’t mean you are doomed to failure.

You may simply need to rise to the occasion of being contented with being the best you can be instead of trying to be something you’re not. You may need to settle with the notion that success translates to hard work that produces steady long-term business growth, and to having to struggle through setbacks you never saw coming. Above all, you need to accept and work within the framework of reality. Yes, reality!

As with the critical 5 criteria of effective goal-setting (being specific, flexible, realistic, due-dated, and in writing), true entrepreneurship is marked first and foremost by being realistic!

And just as not meeting all five goal-setting criteria produces nothing more than a wish-list ticket to Fantasyland, so too does a reckless charge at entrepreneurship end up producing failure by cultivating a business-life platform based on make-believe.

All the time? No. Nothing is always, including the word “nothing.”

 

So the bottom line IS:

If you’re entrepreneur material, you’ll know it and so will others (including savvy investors).

If you’re not a true entrepreneur, welcome to the vast majority of businesspeople and the reality that –even though you may have missed the “E” Ship– your odds for business startup and growth success are measured exclusively by: how hard you’re willing to work at making your venture productive for yourself, your family, for those who work with you, and for your community.

Your actions may need to be more calculated than spontaneous, but that doesn’t mean they will end up having any less impact. What’s important is that you start out by being realistic and by measuring the steps you take with a reality yardstick.

Don’t be fooled into thinking that some educational venue or individual can teach you how to launch your interests into outer space… to become another Steve Jobs, or Lori Greiner, or Mike Lindell, or Mark Zuckerberg, or Oprah Winfrey, or Donald Trump, or Beyonce, or Mark Cuban, or Frank Purdue.

Accept yourself for who you are,

but never settle for who you are

capable of becoming.

Courses on entrepreneurship may help shed some light on the directions and kinds of decisions that produce entrepreneurial success stories, but choosing those directions for yourself and making those kinds of decisions will not make you an entrepreneur anymore than a new car or suit of clothes will make you into another person. They may make you feel good, but they won’t change your skill set.

Work at and stick to

what you know best,

and what you do best,

and what you like most

. . . and you will succeed!

TRUST YOURSELF!

 

# # #

Hal@Businessworks.US             931.854.0474

Guidance to Over 500 Successful Business Startups

Open  Minds  Open  Doors

Make today a GREAT day for someone!

God Bless You and Thank You for Your Visit!

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Feb 01 2011

INSTINCT

You flaunt it or you bury it.

 

  It’s a primary differential in determining business success.

Consider for a moment that government and corporate employees have little if any of it. Mothers, entrepreneurs, great athletes, great sales-people, and most detectives –on the other hand– are loaded with it!

Instinct, says Webster, is a natural or inherent aptitude, impulse or capacity . . . a tendency to make a complex and specific response to environmental stimuli without involving reason.

If you own or run a business, you’ve got it!

                                                                                 

Good heavens, man!” most town, county, state, and federal employees, and most low-tech, no-tech, and medium-tech corporate suits would exclaim, when challenged to get to the point without analyzing stuff to death.

You’ve either got it, or you’d better get it!

                                                                                           

We are rapidly becoming a global business community that’s triggered and managed by instinct. This proclamation is –particularly for those in white shirts and ties or pantsuits and heels (or perhaps both on alternate days?)– probably a source of indigestion, even irritable bowel syndrome because it threatens their programmed response to every situation, to study it endlessly.

The great oil spill wrought such havoc with both the federal government and the corporate giants involved that they all chose to gasp and cover their faces with their hands, while peeking between fingers, only to settle (after WEEKS passed) to send people to the scene and “to STUDY it!” What was that comment from a couple of paragraphs back? “Good heavens, man!”

Whatever happened to taking action? Oh, right, that’s an entrepreneurial instinct, and entrepreneurs are, after all, a reckless bunch charging from one risk to another. Well, those who are entrepreneurs know this couldn’t be farther from the truth. We also know that today’s economic crisis would never have happened if entrepreneurial instincts had been unleashed to address the issues at hand.

Anyway, the oil spill and economic catastrophy are only symptomatic examples. The point is that you got into business and kept it going through thick and thin because you made decisions based on instinct instead of analytical studies. Well, guess what? The way out of the darkness is to resurrect that quality you’ve hidden away in fear. Take it back out and run with it. Make things happen!

What’s the worst case scenario? How reasonable is the risk? What will it take to jump start your ideas? Your people? Your customers? Your suppliers? Your investors and lenders? Your referrers? 

Why are you wasting time over-thinking when you can be taking step-at-a-time, trial-and-error action the same way you used to a few years back?

It doesn’t have to cost money you

don’t have to test and try ideas.

                                                                             

Cash is short? So what? It’s always short. Do you want to be still sitting there wallowing in worry a year from now just because you don’t have barrels of cash to work with? Seize the day? Seize the moment!

You have your mind. You have your experience. You have your skills and knowledge. And hopefully, you’re smart enough to step up to the plate and pray for a fastball right down the middle. (Praying will help you avoid the curves and spitballs!).

You have your instinct. Use it more. 

 

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# # #

www.TheWriterWorks.com or 302.933.0116 or Hal@BusinessWorks.US

“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! 

One response so far

Nov 08 2010

911 Bosses

A good boss never needs 

                                         

 to thrive on emergencies.

 

Being prepared to respond to instead of react to emergency situations is the mark of a true leader. Just because you know CPR doesn’t entitle you to run around trying to stir up heart attacks. There is much to be said for running a business on passion. The mark of business greatness has more than once sprung forth from enthusiasm and commitment and high energy levels.

Henry Ford. Thomas Edison. Bill Gates. Steven Jobs. Andrew Carnegie. Mary Kay Ash. Frank Perdue. Oprah Winfrey. Walt Disney. Charles Schwab. Meg Whitman. Jeff Bezos. Add your own ___________.  

How many are or were full-time firefighters? Zero. How many could mobilize an effective strike force to handle sudden major upsets? All of them. While I believe it helps, one need not have been a Boy Scout to “Be Prepared.” One simply needs to be able to quickly sort through and prioritize options, mobilize and motivate others, and be willing to step up and take action.

Sometimes, of course, real life physical emergencies require taking action first.

It’s that little extra dose of instinct and clear-minded judgement that frequently makes the difference between –both literally and figuratively speaking– a saved life, a recovered fumble, a thwarted robbery, a prevented assault, or a ducked knockout punch.

                                                                         

Okay, you shrewdly suggest, then let me just work at developing my instincts and ability to judge people and situations clearly. Then I can go smooth sailing, downhill, in cruise control. (Oh, that it should be that simple!) Yes, that is indeed an admirable direction to pursue. And even partly attaining those qualities will take you far in most leadership circles.

But YOU are the key to YOUR success. For you to grow your sense of composure and self-control, which open the doors to instinct and judgement development, you need to become the world’s greatest student of your SELF! You can’t even begin to think in leadership terms –emergencies or otherwise– without first knowing yourself and understanding what makes you tick.

It might help to make a list for yourself of 

all the ways you can learn more about you

. . . and start tackling one item at a time.

                                                                            

From experience with many business and professional practice owners and managers, I can tell you with great certainty that just three weeks of solid commitment to do one thing each day to learn more about yourself will make you a stronger, happier, more effective leader.

Why wouldn’t it? After all, the more you know about you, the easier it is to figure out others. The easier it is to figure out other people, the easier it is to motivate and inspire them. The more you can motivate and inspire others, the greater the leader you become. Over-simplified? Nope. But it’s not easy either, unless you choose for it to be. Leadership is in fact, a choice!

And handling emergencies is a routine function for a strong leader… but it’s always a good idea to keep a fire extinguisher handy, just in case.   

~ ~ ~

 302.933.0116 or Hal@BusinessWorks.US  

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

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

Make today a GREAT day for someone!

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