Posts Tagged ‘Success’

As a small business entrepreneur, you must realize that first and foremost you are the leader of your business.

Once you understand that one of your primary roles in your business is to be not only the CEO but the leader as well, you need to actively develop three critical leadership skills: Flexibility, Humility, and Focus.

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It’s true what they say: no one person really knows EVERYTHING.

Then there is the saying about people who know a little about a lot of things. However, this does not make one an expert by any stretch of the imagination.

Recently, I read an article entitled “Be Careful Who You Listen To” on a blog from James Malinchak, a gentleman and fellow entrepreneur I know from several years ago when we were in a speakers training weekend course. I enjoyed reading his article which he posted in a group I subscribe to on LinkedIn.

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Being an entrepreneur is a heck of an undertaking.

I believe being an entrepreneur is one of the greatest professional life experiences a person can have. When you sign up, you may have stars in your eyes and be armed with your dreams, passions and imagination. Good! You’re going to need them all.

Being an entrepreneur is a choice – a GREAT one.

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Have you met those people who talk about the business they’d like to have one day? They talk about the product or service they’d like to provide and describe the one they would feel comfortable and competent selling and serving to others?

You know them.

They even go to the extent of naming their business and maybe even coming up with a great tagline for it. Maybe they even go further to draw, or better yet, have a logo designed for it.

They talk and talk and talk and talk about it. They talk ad nausea about it. But they never seem to take that essential step: of doing it.

What’s holding them back?

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A survey from a pool of Columbia Business School alumni entrepreneurs was recently conducted to understand the overall pattern of our graduates’ entrepreneurial experiences and what factors predict success. One of the questions posed was: Why did you start a business?

The results showed the various reasons people first became entrepreneurs and how these motivations are linked to success. Interestingly, one of the least cited reasons is the only one that is linked to success.

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Andrew Carnegie once said “no man will make a great a business who wants to do it all himself or get all of the credit”. In other words, if you want to be successful as an entrepreneur you are going to need the help of others. This is especially true of the sole proprietor entrepreneur aka the Solo-preneur.

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