The Entrepreneur
Sometimes, all that's lacking is the will.
An entrepreneur is a person who identifies an opportunity and brings together the elements required to start a business venture. The elements include finance, a business plan, the right product or service, and the right people. The Oxford dictionary defines entrepreneur as; a person who sets up a business or businesses, taking on financial risks in the hope of profit.
Having a successful business brings a lot of satisfaction and reward. It's important to understand that while starting a successful business requires people with good entrepreneur skills, an entrepreneur is not a jack of all trades and at certain points in the growth of the business he/she must accept that there are some areas of the business that require skills which the entrepreneur does not possess.
There is a well known book entitled The E-myth, by Michael E Gerber. In it he explains the importance of working on your business rather than working in it. This may seem an idealistic approach that only works for big corporations but the principle is a vital key to the success of any business.
Almost without exception, successful CEOs surround themselves with people who are great at what they do. They recruit or head hunt the best performers and employ them. Although the remuneration of top performers will be high, this will be more than compensated for with the results they will achieve for the business.
Listen to Simon Calver, the CEO of Mothercare, discuss the importance of employing the right people.
Having a successful business brings a lot of satisfaction and reward. It's important to understand that while starting a successful business requires people with good entrepreneur skills, an entrepreneur is not a jack of all trades and at certain points in the growth of the business he/she must accept that there are some areas of the business that require skills which the entrepreneur does not possess.
There is a well known book entitled The E-myth, by Michael E Gerber. In it he explains the importance of working on your business rather than working in it. This may seem an idealistic approach that only works for big corporations but the principle is a vital key to the success of any business.
Almost without exception, successful CEOs surround themselves with people who are great at what they do. They recruit or head hunt the best performers and employ them. Although the remuneration of top performers will be high, this will be more than compensated for with the results they will achieve for the business.
Listen to Simon Calver, the CEO of Mothercare, discuss the importance of employing the right people.
The E Myth is readily available in book outlets or on line for around A$20.00 and should be read by anyone in, or thinking of going into business.
GET STARTED
Obviously there are many other publications that give practical advice on running a successful business and plenty of people who will give you advice.
On the other hand, I think sometimes we can overthink things to the point where nothing ever gets started.
For some, the only thing that stops them achieving success is their lack of will to try.
GET STARTED
Obviously there are many other publications that give practical advice on running a successful business and plenty of people who will give you advice.
On the other hand, I think sometimes we can overthink things to the point where nothing ever gets started.
For some, the only thing that stops them achieving success is their lack of will to try.
