Becoming An Entrepreneur

Becoming An Entrepreneur

Entrepreneurial leaders do not have a mindset that adapts to failure. Things go wrong, of course, but entrepreneurs don’t call them “failures” they call them “glitches, mistakes, bungles, setbacks” – but not failing.

When one such entrepreneur was asked about the hardest decision he ever had to make, he answered that he didn’t know what a hard decision was. An entrepreneur will approach decision-making with the idea that there’s a strong likelihood that he/she will be wrong. This doesn’t dissuade them – to the contrary they just do the best they can and worry about handling obstacles as they arise.

Another way of looking at it is to realize that you will make mistakes, so make them as quickly as you can in order to learn from them. A good leader doesn’t view making mistakes as negative or irrevocable, he/she feels free to press on and try something new. There is the belief that something useful has been learned, and hopefully not at a high cost.

Let’s face it; if you’re going to live this life you’re going to make mistakes. Make use of them as learning tools and don’t make the same ones twice.

Entrepreneurs also know the value of “intuition”. While you shouldn’t act on the results of tossing a coin, there is something to be said about your “gut” feeling about the situation. Very often business people become so involved with systems and checks-and-balances that they forget about that “gut” instinct they had when they started

While not strictly logical, intuition does draw on a combination of experience, knowledge, and analysis as well as a lot of “gut” information you may have forgotten that you have.

To your success,
Greg