Am I an Entrepreneur? It doesn’t Matter

Entrepreneurs are critical to the success of our economy by bearing the financial risks to drive innovation and value to their customers.  We salute them.


Are there shades of grey in being an Entrepreneur or is it black and white?  Can you be employed by others but still bring significant value to your company?   If your employer fails, you typically simply move on taking on the risk of lost income, not loss net worth.  However, what if you started to think like an entrepreneur where you are currently employed. Deborah Bailey wrote an interesting article to reflect this concept titled Become a Star Employee by Thinking Like an Entrepreneur.  There are several key take aways:

Your Attitude
Entrepreneurs start out with a vision of what they want to create, whether it is a product or a service. As an employee, your vision is just as important. The good news is that you have 100% control of this

Be Creative
Another trait of entrepreneurs is the ability to find creative ways to get things done. You also  have 100% control of this. Entrepreneurs must think creatively even in their sleep.  If you only do so during your waking hours, you are ahead of a majority of others.  If your employer goes out of its way to keep your creativity at bay, pick your battles.  If possible, find a new manager more responsive to new ideas. Believe it or not, they are there waiting for you!!!

Keep an Open Mind
A most important trait of entrepreneurs is the ability to learn new information and to continue to adapt.  Guess what, you have 100% control of this as well.  Many people find themselves doing the same type of responsibilities for years and get comfortable. Are you in this situation? If so, find a new set where you are more on the edge. It will reawaken your thought processes and clear your mind for new approaches and opportunities.

Thinking like an entrepreneur will ensure you will increase your value to your employer. With this brings increased opportunities, greater income potential and a life filled more with excitement.

ACTION FOR THE DAY
Imagine receiving an unexpected letter in the mail. You open it up and it declares that you are the new owner of the company you currently work for.  You have been given authority to make changes in the way your company earns revenue or manages its costs. Take a look at your roles and responsibilities in your current position.   Identify 3 ideas to accomplish your responsibilities in a faster and/or more efficient way.  How would you run your newly found company with a positive attitude, creative approach and keeping an open mind?  Who would you want to talk to in your company to implement these ideas?

Quote of the Day
Whatever you can do or dream you can, begin it.  Boldness has genius, power and magic in it. Begin it now!! – Goethe


Picture Credit : © Shane Trotter | Dreamstime.com

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Top 10 Ways How Successful People Think

One of the most critical skills you will ever attain, are the ones that control the way you think.  Is there a correlation to what you think and how you perform?

YES     The mind is so strong that you can take hold of thoughts that can induce signs of illness. 

John Maxwell, a well established leadership expert and author of many books, released a book in 2011 titled “How Successful People Think”.   If you want to become an expert golfer, you need to think like one. If you wish to lose weight, you need to think like someone who weighs much less than you do today. You GET TO think like the person you wish to become.

I selected my Top 10 Ways Successful People think from John Maxwell, and they all have a common theme. It all starts upstairs in the mind.

I have added some quick translations in ().

  •  Get over negative self talk. Winners think in terms of “I will” and “I can”  
     (Negative thoughts = Negative results…”as you think so shall you be”)
  • Thinking is a discipline. If you want to be better at it, you’ve got to work at it.
     (Positive Thinking Practice makes perfect…you mind is like a muscle..keep working it!!!)
  • Figure out where you need to focus your energy, and then use the 80/20 rule
    (Prioritize Your Limited Time….80% of tasks can be ignored with minimal implications)
  • Smart thinkers expose themselves to different ideas and types of people
    (Meet new people and uncover new ideas from  your discussions – it’s amazing what you can learn just listening)
  • It’s one thing to have an idea, another to follow through 
     (An idea is like a seed…following through on it is like watering the seed…action is required)
  •  Smart people collaborate with other smart people  
    (You will never succeed alone. Seek mentors, partners, supporters)
  •  To think differently, do different things
     (To appreciate others’ ideas, you need to value other ideas)
  •  Have an agenda — for the day, and when you meet with people 
    (When you meet people, make it count, you need to collaborate with people to succeed)
  •  Creative people are dedicated to ideas  
    (ideas lead to creating value….we need to create value to be successful)
  •  Naturally optimistic people find it hard to be realistic thinkers         
    (Thinking out of the box still requires doing your homework)

ACTION: Pick one of the 10 recommendations and LIVE IT for the next 24 hours. What changed for you? Start the habits today towards positive thinking. If you found success, pick a 2nd recommendation to follow for the next day…you are on the road to a brand new perspective of yourself and where you take your career and life.

Quote of the Day: “You are the masterpiece of your own life; you are the Michelangelo of your experience. The David that you are sculpting is you. And you do it with your thoughts.”— Dr. Joe Vitale: Motivational author and speaker