Don’t be fooled, Entrepreneurship isn’t Personality

abex_img1The prevailing notion of the entrepreneur is the go-getter, fast-talking, outgoing, people-person who shrewdly cuts deals. This person is usually an extrovert, hardly an introvert. For many, they’re unable to describe the art of entrepreneurship beyond this personality trait.

This is a costly misconception.

At the core of entrepreneurship are principles and policies that will help anyone build business systems. I repeat: anyone – quiet, loud, calm, or in-between personality – anyone.

Fortunately, we have enough proof in the corporate world to confirm that successful entrepreneurs come in every personality trait imaginable. They all thrive because each one, personality irrespective, found the principles that make business work.

Every pilot knows that they have to comply with the laws of aerodynamics to enable them fly. Likewise, entrepreneurs have to adhere to the principles of entrepreneurship and the laws of money in order to succeed.

The principles make the professional. That’s the real deal, not personality. No doubt, it helps to have certain personal qualities to help you; however, professional endeavors are built on laws and principles.

As you refine your personality, find the laws that govern entrepreneurship, apply them and success won’t discriminate.

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How to Reinvent Yourself

hambourg-1948Uniqueness means that there are new aspects of you waiting to be explored. It is the possibility of getting better, being more and becoming someone new. That’s our design. We have that gift.

Some of us explore further than others. But we all have the same chance – we’ve all been given the ability to evolve.

That said. How do you reinvent yourself? Here are a few tips:

  • Acknowledge Changes

As humans, we change in order to survive, stay relevant and thrive. This starts with recognizing the changes in your environment and being willing to adjust accordingly. Those who fail to adjust become irrelevant.

  • Unlearn: Give it Up

The root of reinvention lies in the adjusting or replacement of habits and thought-patterns. This is the tough part. It starts by consciously engaging the process of discarding thoughts and behavior that work against your goals.

  • Relearn: Acquire New Habits

In this process, old thought-patterns and behavior have to be replaced by new ones. For instance, if you decide to reinvent your body, you may have to give up junk food and replace the habit with healthy eating – and an exercise routine.

Good luck!

Theory vs. Practical: Smart Entrepreneurs Don’t Take Sides

art1“I don’t believe in sitting in class to learn about management and how to do business. All they teach is theory. I would rather be out there doing the practical stuff,” said a young man on discovering that I was taking MBA classes. When he was done, I quietly asked him, “Why can’t you do both?”

You don’t have to do an MBA to succeed in business, but what I don’t support is the disdain that some folks have for the theories of management.

The young man would have found some of my management classes useful because at that point he could barely pay his staff and was making grave business mistakes. His disdain for theory was simply not smart.

Peter F. Drucker, the father of modern management explained that, “…Every practice rests on theory, even if the practitioners themselves are unaware of it. Entrepreneurship rests on a theory of economy and society…”

Theory doesn’t make practice insignificant. Rather, it gives people the basis to research, test and refine ideas in order to get better at their trade. Also, theories prove that results are systemic – and that’s the truth.

Boss, Hire Better People!

romero-britto-in-the-parkOn a consulting assignment, many years ago, I got into a conversation with a business owner who told me that she was careful to hire low-skilled individuals, who asked fewer questions and would not challenge her ideas.

If you were educated beyond high school, showed too much smarts or opinionated, you had no chance in her organization. I was stunned!

Then, it was hard to believe that this individual would deliberately seek out low-skilled, ‘yes’ folks for her business. I didn’t expect that kind of thinking at that level

Well, I’m way past the initial shock because I’ve seen this thought pattern displayed in various ways in the corporate world. Instances where entrepreneurs and business leaders stifle sharp minds due to the leader’s insecurities – abound.

There’s a downside though. These leaders forfeit the benefits of good feedback which in turn hinders business growth. In such organizations, innovation is rare because the atmosphere is designed to frustrate it.

A leader’s insecurities should be properly managed to avoid the alienation of brilliant minds. This is vital because in the face of current business challenges, you need all the mental ‘firepower’ you can find.

Should Every Idea Be Sold?

Forming Attachments Layers Merged 750My first book will never be published.

It’s a manuscript of over 34000 words written within a 30day burst of inspiration – many years ago. It was my first attempt at a full-length book and I don’t want it commercialized. It’s for me, not the public.

At first, I thought I wanted it published, but later realized that I didn’t want to share it. Apparently, this behavior isn’t unusual; creative minds – writers, artists and songwriters – experience it.

The Vault is where the profusely creative singer/songwriter, Prince, stores some of his works. BBC reported that, “…if Prince was to die tomorrow, he has so much unreleased music, he could release an album a year for the next 100years…” He records and simply puts them away.

What’s his plan? We’re not sure. He’s in no hurry to make them public – we may never hear the works. But the songs are finished and kept away.

In the creative process, you’ll discover ideas that are just for you and for some reason you feel no pressure to share. It’s okay to share these ideas when you’re ready and if you don’t want to, it’s fine.

Value The Process, Enjoy The Journey

Blue-Abstract-painting-by-Simon-Brushfield1Life is rooted in processes. Every aspect is intended to go through stages. We start as babies, then grow and evolve.

Likewise, our ideas are subject to processes. You think it, and then you’re thrown into a tunnel of mixed rationales. You plan, meet people, seek resources, start, almost fail, fail, start again, barely succeed, eventually succeed, start again…get a new idea… and every step is designed to grow an aspect of your mind.

While going through the motion, it’s easy for entrepreneurs to get fixated on the struggles and pain of birthing an idea and that’s not the point.

This is:

The process of an idea is designed to make you better – someone who increases in quality – in an area. Folks who understand this embrace the process because the reward is worth the pain.

The successful is frequently asked for the secrets to success. That’s easy: process! The ups, downs, small and medium wins, setbacks, fights, big wins, joys, sorrows…the unique cocktail that life gives each one.

Richard Branson’s process is the real secret to his success. Oprah Winfrey, President Barrack Obama, Anthony Robbins, Warren Buffet…YOU! Everyone is made by process.

The Value of a Day

Abstract-Art-masterpieceTwenty-four hours is the equalizer – that’s all everyone gets.

At the risk of sounding cliché: our lives play out in the context of a day and the outcomes represent the degree to which we value our time.

Also, each day brings you closer to (or takes you further from) your goals. This is a negligible, but crucial fact and only those who pay attention enjoy its benefits.

So how’s it working for you? Are you getting closer to your dreams or are they drifting away?

I won’t bother you with time management rhetoric. However, I would like to help you assess the direction that your days would eventually take you. Is it a destination that you would ultimately enjoy?

The effect of a day is subtle. The days add up slowly and suddenly you’re in debt, overweight, rich, etc. It goes almost unnoticed and you find yourself asking: how did I get here?

Are you conscious or alive to your day’s flow? You don’t have to plan a perfect day, but you can be proactive in aligning your days with your goals.