What Is Entrepreneurship?

Entrepreneurship Is…

Opportunity Obsessed

The Power Of Entrepreneurship
The Power Of Entrepreneurship

Personally, this could not be more true. Entrepreneurs have a blood thirst for opportunity, and are often seen squeezing money out of rocks.

The obsessed part draws a line between the “stable job with benefits” and the “jobs are fuel to my next startup” professionals. To be honest, I don’t have a single relative that would fit into the first category, so I blame my family for my lack of interest in the 9-to-5 world. (just kidding)

Jokes aside, stable jobs’ seekers are beyond my comprehension.

The entrepreneurs that inhabit my social circle, and the ones I admire, such as Perry Belcher, Yanik Silver, Frank Kern, and others, are opportunity-obsessed professionals that have seen many opportunities fail, but keep creating more and more due to this insane obsession.

Holistic in Approach, Leadership Balanced

There’s no doubt we’ll always have the ‘schemes’ entrepreneur trying to get ahead by scamming people, but for the major part, entrepreneurial enterprises seek to fulfill a need, offer a benefit, and conquer the minds of its customers as a necessity. The holistic approach grants that serious entrepreneurs are over-delivering, offering as much as possible in exchange for consumer loyalty.

Being a leader is communicating those values and inserting that obsession into those around you, instigating commitment, motivation, and attracting success.

Leadership = Personal Responsibility

Entrepreneurs are disciplined enought to understand they’re the ones responsible for their success and their entire operation depends on their decisions. Leaders are those that accept this responsibility despite the pressure.

Value Creation, and Value Capture

Isn’t this the basis of capitalism?

We strive to offer only the best, so we are rewarded with only the best. As I mentioned above, entrepreneurs seek to fulfill a need, creating value to those benefiting from it, and receiving credit for doing it well.

How Much Value Are You Creating?

This blog is inhabited by an incredible number of entrepreneurs, so I must ask you: are you creating value to your customers?

HOW?

Be sure to measure and track your answers – they are directly related to how much value ($) you capture 😉

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