In this post, we will look at being an entrepreneur.
The definition of an entrepreneur is:
a person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk.
The word originates from the French word entrependre; to undertake and the English word enterprise to give us entrepreneur. The word has grown in popularity since the early 1800’s when the word was used to denote the director of a musical institution. By 1852 the meaning had changed to “business manager.” (2017, Dictionary.com)
What Does It Mean to Be an Entrepreneur?
There are many opinions about what it means to be an entrepreneur. Let’s explore them and then it is up to you to decide which opinion speaks to you and understands who you are.
As Steve Tobak wrote in his post The True Meaning of ‘Entrepreneur’ for entrepreneur.com “If you want to be a successful entrepreneur, don’t start out wanting to be one. Start out with a customer problem and a product that solves it. Get capital. Make the product, market it, win customers. Someday you’ll wake up and realize what you’ve become: a guy (sic) who took a risk, started a business, and made money. An entrepreneur.”
I also want to share with you what Brett Nelson wrote of in his post The Real Definition of Entrepreneur—And Why It Matters for forbes.com. In the post, Nelson wrote that “Entrepreneurs, in the purest sense, are those who identify a need—any need—and fill it. It’s a primordial urge, independent of product, service, industry or market.” He also wrote “the true essence of entrepreneurship: Define, invest, build, repeat.”
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Let’s find out what entrepreneurs have to say about the subject.
Preeti Sriratana, co-founder and CEO of Sweeten says “Entrepreneurship is the mindset that allows you to see opportunity everywhere. It could be a business idea, but it could also be seeing the possibilities in the people that can help you grow that business. This ability to see many options in every situation is critically important; there will be unending challenges that will test your hustle.”
“When it comes to being a successful entrepreneur, I think one must possess grit. the stakes tend to be high, the bumps in the road frequent. Remaining focused, regardless of the obstacles, is paramount. That said, being an entrepreneur means being in full control of your destiny. If that’s important to you, then all of the challenges associated with striking out on one’s own are but a small price to pay.”- Mike Malone, founder of Livestock Framing
I agree with the point that Steve Tobak made about doing the work first, gaining the success, then labelling it. Sitting around wanting to be an entrepreneur will not make you an entrepreneur. The main thing is the work, the effort, the hustle or whatever you want to call the day in day out energy that is used to be successful and, of course, an unwillingness to allow a road bump to throw you off course.
Whatever you choose to do, where ever you choose to bloom know that you have cheerleaders that want to see you succeed and gain all that comes with that. Let us know how being an entrepreneur has affected your life, and feel free to share some challenges you have faced and overcome. Comment below.
The Other Half