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The entrepreneurial journey is an intensely personal one. No fooling here. Ask any entrepreneur and they will tell you that they live and breathe their work. At times they say that it feels like there is no separation.
So any conversation about entrepreneurship ought to start in that place: Who you are and how you move from there. Here are some thoughts for the roller coaster ride you may be on or are considering.
This is really a starting point for life. Socrates said it well: “The unexamined life is not worth living”. It may sound harsh, but I find it encouraging. Because at one level, I think everyone examines their life all of the time. We live, responding to situations around us all the time. We make a lot of decisions based on observation/examination. The issue? Most of the time we don’t dive very deep.
Knowing yourself is about being proactive in the understanding of who you are and what you are on about in the short life you have. What do you believe? What do value? What bothers you? What are you good at? What do you love to do? What feels effortless to you? What causes you to raise your voice? What gives you energy? What gives you rest?
It may not be surprising to know that a lot of people don’t know the answers to these questions. Know yourself and the anchor points of your life – your foundation. Move from there and see how your life and your business will be the better off for it.
Don’t lie and don’t pretend. This is essential for your own mental and emotional fulfillment and stability. It’s also essential because successful entrepreneurs have much more than great ideas to offer. People always believe in you before they believe in your idea. An idea without an animator is hopeless. Mickey Mouse doesn’t get very far without Walt Disney.
The key here is recognizing that it is exactly your unique (even if they are quirky) ways that differentiate you and will differentiate your business. If you are naturally a great friend, make sure that friendship is at the heart of your business. Are you a great listener? How does your business reflect that gift?
And those perceived weaknesses? Flip them and play up the strengths. Feel like your empathy is a weakness in a cutthroat business world? Double down and make empathy a core strength of your business. You will never regret running an unsuccessful company but keeping yourself and your self-respect intact. The real danger is a high-flying endeavor that erodes your soul. Your business and your self won’t last long in those circumstances.
Being yourself doesn’t mean you shouldn’t change. Definitely change. Change a lot. And go into the whole enterprise ready to change.
You’ve surely figured out by now that the world around us changes at a blazing speed. We have to be ready to respond to it – not just with our businesses, but with ourselves. Each day, if we’re paying attention to what’s happening around us (from world events to our closest relationships), we’re required to adapt and change to the circumstances. Stay nimble, stay agile, stay innovative. Observe the world and make thoughtful changes to stay engaged.
Being yourself means knowing your principles and strengths and standing by them. Changing yourself acknowledges both a humility of spirit (consummate learning and growing) and desire for productive, meaningful relationships (be they with a customer, funder, partner or the very business environment itself).
Don’t do it by yourself
Whether you believe it or not, whether you are ‘working’ alone or not, entrepreneurship is always a shared journey. It may be with your business partners, your employees, your family, your friends, your spouse – even your customers! Entrepreneurship asks so much that it becomes part of who you are. Think about how much people already talk about their jobs. For entrepreneurs it’s 10x more. You’re on call constantly; you’re responsibilities are enormous. Your business is like a family member. A critical part of your life.
There is no reason to think that you would be able to do this alone (you can’t). So invest time and energy in the people who are either coming with you regardless (your family and friends) and the people who are going to help you specifically with the business (your partners, employees and customers).
Do not, for a second, try to fool yourself that any great entrepreneur did it on her own. Our culture likes to deify individual entrepreneurs, but for every successful entrepreneur, there are many people standing behind him or her, bringing that success to life. This is to be welcomed, cultivated, celebrated and enjoyed!
- Have the students take a few moments to answer these questions for themselves:
- What do you believe?
- What do value?
- What bothers you?
- What are you good at?
- What do you love to do?
- What feels effortless to you?
- What causes you to raise your voice?
- What gives you energy?
- What gives you rest?
- Next have them take the answers to their questions and relate them to running a business. As discussed in the article, discuss how their challenges can actually be viewed as strengths in a business world.
- Once the group shares their reflections, discuss how those in the room can help one another. How can one person’s strengths fill in the gaps for another’s challenges?
Entrepreneur In The Classroom:
The NFIB Young Entrepreneur Foundation Entrepreneur-in-the-Classroom (EITC) supplemental curriculum exposes students to entrepreneurship and the necessary steps to take an idea and turn it into a business. The FREE curriculum can be integrated into classes teaching a variety of subjects including music, art, fashion, business and many more. You must be registered to view the full Entrepreneur-in-the-Classroom curriculum.
The NFIB Young Entrepreneur Foundation is a 501(c)(3) organization promoting the importance of small business and free enterprise to the nation’s youth. More information is available at www.NFIB.com/YEF. The Foundation is associated with the National Federation of Independent Business; NFIB is the nation’s leading small business association, with offices in Washington, D.C. and all 50 state capitals.
This is an exclusive exercise designed developed to help bridge a leader’s vision of role model and mentors with their own vision, and is loosely based on a Harvard School of Education institutional problem-solving paradigm.
Take Our Daughters and Sons to Work Day doesn’t work for everyone. Between missing school, company policies, and the nature of what you do, it may be downright impossible. This post offers some ideas for how to start planning now to do that so when Take Our Daughters and Sons to Work Day rolls around, everyone can participate.
When you control your own business, you can also use that power for good. This holiday season, in the car, on the plane, at the breakfast table, huddled around the iPad or droid…consider discussing these questions about doing well, while doing good, with the kids and family in your life.
Teaching Entrepreneurship in 30 Minutes or Less Part 2: (Free Award Winning Syllabus and Lesson Plan)
As mentioned in the last post in this series, we’ve recently updated this entrepreneurship curriculum, and here’s a post to give you a quick 30 minute exercise in each module that is one of my personal favorites as an intro. I am the curriculum author, Kathy Korman Frey, and teach a nationally award-winning entrepreneurship course at the George Washington University School of Business. So scroll down, dig in, and have fun.
NFIB Announces 2012 National “Young Entrepreneur of the Year”: Oceanside, CA Teenager Recognized with $10,000 Scholarship
Catherine Mitchell of Oceanside, CA, has been named the 2012 Young Entrepreneur of the Year. Mitchell, the founder of Beauty 4 Life, a socially-minded business that sells jewelry handcrafted by Ugandan women, was awarded a $10,000 scholarship.