Entrepreneur’s drought roller coaster.

Refer to a case study by Peter Sergeant in the Knowledge Base.

Here is a snapshot of my entrepreneur’s drought experience, from a ‘real job’, thriving business to devastation and back to reality. I now believe entrepreneurs are born, not made, even though many can have some of the characteristics. Drought certainly brings out those characteristics.

Everyone will make mistakes and fail; the important thing is to learn from them and keep moving forward beyond the devastation. Life is too short to let drought beat you or dampen your enthusiasm for the future.

Life’s good when you’re young.

Being raised on a farm ‘never did me any harm’. It was an enjoyable, carefree part of my life. I used to love working with machinery along with the sheep and cattle, even through droughts and flooding rains.

I went to Hawkesbury Agricultural College for three years to study agriculture, which was a significant part of my life. Learning about agriculture means learning about life. It was now more than 50 years ago, and I still use the information I learned all those years ago, and we still enjoy our reunions every two years.

Involve yourself in an industry body and an entrepreneur’s drought roller coaster.

Instead of annoying everyone, get involved with one of your industry bodies or a local charity that needs some help. Yes, you will find it rewarding, giving you a new outlook on your business and life. You can only play golf so many days a week.

You can’t change your genetics, but you can change your attitude, your environment, the people you listen to, and the things you do. Just become action-oriented and get started.

What will your entrepreneur’s drought disaster look like, and when will it arrive? Take time today to start preparing your business risk management plan. Follow the old Boy Scout motto, “be prepared” and avoid relying entirely on your own understanding.

Quotable Quotes

“Communities and their businesses thrive when people think entrepreneurially”. Peter Sergeant

“Entrepreneurship is not just finding solutions to problems; it’s more about making things
happen”. Peter Sergeant