Entrepreneurship makes things work.
See a Case study by Peter Sergent in the Knowledge Base.
Entrepreneurship is needed for success in business, non-profits, communities, and projects.
It is rare to face a real fork in the road and know with 100% certainty that one way is right and the other is wrong. The key drivers of finding the right road for businesses, non-profit organisations, communities and projects are the attributes of entrepreneurship.
Entrepreneurs excel at several critical things: visioning, connecting the dots, problem-solving, and action orientation. Businesses and organisations are driving our communities and the lifestyles we treasure. However, many people still do not understand or accept the concept of entrepreneurship.
Innovative entrepreneurs think differently and act in an unstable, disruptive, and constantly changing environment. Entrepreneurs make a difference by finding new solutions to problems in the ever-changing world. Entrepreneurship is a must for SMEs and non-profits while supporting the prosperity of communities.
You may have heard that business is accessible. But you find yourself wasting considerable time and not making much money or progress towards fulfilling your aspirations. Some months, even years, have passed, and they’re still trying to get their business to work well. This is when you need entrepreneurship to make the connections and connect the dots.
No one said building a business was easy, and the price can be high if entrepreneurial skills are lacking. Try not to be one of the many business founders who have secretly found out the hard way. With the exponential change brought about by globalisation and technology, the years ahead will be challenging for the many businesses and communities lacking entrepreneurial skills, while the opportunities are increasing for those with them.
How do entrepreneurs think?
This question has produced many clichés. They thrive on chaos, embrace risk, break moulds, and seem to do little hard research. I agree with the above, as it makes for a fun-filled and productive life.
You can’t teach someone to be an entrepreneur, even though I have been asked to. Acquiring the complex mix of things such as dreaming, visioning, joining the dots, drive, passion, and the determination to pursue an entrepreneurial course is in the DNA. However, give me someone with ‘fire in their belly’ to succeed. I will teach them how to develop some of the critical entrepreneurial attributes that will assist them along their journey in life.
One thing I do know is, as an entrepreneur, you can knock me down many times and I will always stand up and go again. I don’t know where this comes from but I would like to know more. Unfortunately, many people who fail, or suffer a major trauma never recover from it. You will find true entrepreneurs don’t have to be told to act.
Quotable quotes
“Innovation is the specific tool of entrepreneurs. The means by which they exploit change as an opportunity for a different business or a different service. It is capable of being presented as a discipline, capable of being learned, and capable of being practised. Entrepreneurs need to search purposefully for the sources of innovation. The changes and their symptoms that indicate opportunities for successful innovation. And they need to know and to apply the principles of successful innovation”. Peter Drucker
“The critical ingredient is getting off your butt and doing something. It’s as simple as that. A lot of people have ideas, but there are few who decide to do something about them now. Not tomorrow, not next week, but today. The true entrepreneur is a doer, not a dreamer”.
Nolan Bushnell