The simplest definition of culture I ever learnt was “the way we do things around here” and that has helped shaped my understanding of the phenomenon. There are certain moral codes of conducts, aims or qualities that characterize, or are expected in, every profession, society, family or tradition, which gives them their unique identities. In respect to entrepreneurship, being an entrepreneur generally requires the ability to create or take an idea and implement it successfully against all odds.
You can hardly see an established entrepreneur without a knack for crazy ideas and a natural desire to bring it to life. These are what makes up the DNA’s of founders like Steve Job (Apple), Elon Musk (Tesla motors), Jeff Bezos (Amazon), Bill Gates (Microsoft), Brain Acton (Whatsapp), Richard Branson (Virgin Group), Ingvar Kamprad (IKEA), Donald Trump (Real estate mogul turned US President-elect), etc. and that defines the cultures in the organizations that they run also. To describe a few, Jeff Bezos encourages a culture of failure and invention, Steve Jobs built a “Think Different” culture, while Ingvar Kamprad ‘s entrepreneurial spirit enabled him to build a company culture where trying solutions outside of normal conventions is the norm. These are the ways entrepreneurs do things or behave.
If your plan is to become one (start a business) or take on a more entrepreneurial role in an organization in the new year, watch out for the following top 5 behaviors, all the founders mentioned above doesn’t exhibit and that you shouldn’t allow in or around you, as you take on that next challenge in the year 2017:
“Great achievement is usually born of great sacrifice, and is never the result of selfishness. – Napoleon Hill”
You cannot become an entrepreneur if you cannot focus on, and meet, the need of others. Every entrepreneur mentioned above deeply understands this. Although, there are stories of people, who in an attempt to solve their personal problems, created huge businesses out of it but they certainly didn’t maintain the business by focusing on their own needs continuously and refining the products or services based on that. The moment their respective businesses started, the focus had to shift to others (customers) in order to remain relevant and be successful.
Also, if you are selfish enough to focus only on making money, you will never make a good entrepreneur because money is only a by-product of a great product and service. Being entrepreneurial also requires a stronger purpose; answering and being clear on the very important “why” question. We can get so carried away in life about our wants and needs that we fail to ponder for a second if others need or feel the same too, how many of them do and where they can be located. This is the stuff great entrepreneurs are made of! Here is an article that further explains why selfish businesses will inevitably fail
“Don’t wait. The time will never be just right – Napoleon Hill”
Nothing kills a dream faster than procrastination. The moment you delay acting on an idea or a discovery for reasons you have control over, you are simply giving away a good opportunity or chance for success. Procrastinators don’t make good entrepreneurs because ideas never come to life through them due to inaction. As Donald Gardner stated “Do you know what happens when you give a procrastinator a good idea? Nothing! “.
Ideas are like seeds that need to be buried for it to emerge as a tree with fruits. Therefore, anything that delays the planting of such seeds is trying to prevent its productivity and that is exactly what procrastination does. It prevents ideas or discoveries from seeing the limelight. To become a better entrepreneur in 2017, ditch this habit and commit to trying out ideas and learning continuously instead of encouraging delays. Click here for 6 helpful ways to ditch procrastination going forward.
3. Fear of the future
“We did not come to fear the future. We came here to shape it- Barack Obama”
The future is unknown and can only be predicted. If you find yourself in a position where you are more scared of what you do not know than doing nothing about it, then it is time to ditch that behavior because it is totally un-entrepreneurial. One famous word associated with entrepreneurship is risk and taking risk usually involves not having all the right or complete details sometimes before making a crucial move.
Entrepreneurs create their futures instead of being scared of it and leaving it to chance or luck. They are more scared of doing nothing to their ideas than what its likely results might be. To be more entrepreneurial in the New Year, make it a habit to stop worrying about tomorrow and instead replace the worry habit with a knowledge-seeking behavior. Consistently seek to know rather than being scared of the unknown to the point of doing nothing about it or maintaining the status quo. Read 3 sure-fire ways to navigate the unknown successfully here (Click here).
4. Being Anti-social
“To be successful, you have to be able to relate to people; they have to be satisfied with your personality to be able to do business with you and to build a relationship with mutual trust – George Ross”
You need people to create products and services for people to buy. You simply cannot do this if you distance yourself or disassociate yourself too much from people. You cannot singlehandedly develop an idea into a big business on your own, you will need people. True entrepreneurs know the power of networks. You can’t afford to disconnect yourself from the people you are looking forward to serving in one way or another. Being entrepreneurial most times involves getting your hands dirty and what that sometimes implies is there should be no acts of segregation in association for an entrepreneur.
You should be ready to meet all kinds of people and mingle too. It offers you an amazing opportunity to know more about yourself, products or services. Disconnecting yourself from getting to know certain people makes you miss out on opportunities to serve them or gives room for your competition to. Ditch any behavior or habit that prevents you from socializing, networking or building relationships more in 2017 in order for you to be more entrepreneurial and be very successful at it. To learn more about building strong professional networks, click here.
“Micromanagement is the destroyer of momentum― Miles Anthony Smith”
Successful entrepreneurs today, such as those mentioned above, don’t micromanage anyone. They give room for people to learn the process of entrepreneurship. They give power to people to make decisions and take actions even in the face of failure because they have a good understanding of the whole entrepreneurial process. They know micromanagement stifles creativity and ultimately innovation, which is why the culture in most successful organizations around today abhors hierarchical structures that breathes down the neck of workers at any given task.
It is also a widely known fact that millennials, the fastest growing generation in the workforce, do not like an excessively controlling work environment. They cherish places where they are free to express their creative abilities and if you are going to start your own business sooner or later, this is mostly the pool from which you will be drawing your workforce from. Micromanaging these classes of people will only lead to de-motivation as well as result into a huge turnover rate for your business or organization. You will have to ditch this behavior and learn to empower and trust people enough to deliver your organization’s goals, as well as to attract the right people and build a culture of creativity and innovation in this New Year. Here are 6 helpful tips that can help you to stop micromanaging and become more entrepreneurial (Click here).
Developing entrepreneurial capacities is a vital requirement for both the jobless and the gainfully employed people in a world faced with rapid changes, more than has ever been recorded in history. With these behavior out of your way, fulfilling your entrepreneurial goals for this New Year becomes easier because you will be willing to try out ideas instantly without procrastinating or scared of the unknown; recruit and trust the right people to carry out your vision; and leverage your network for resources to expand on your original idea or develop new ones. Most importantly, you will act more purposefully and towards meeting the needs of others around you. There is nothing more entrepreneurial than that! Dare to dream, to be bold, and to take action more in 2017. Wishing you success with every new adventure you take on this New Year.
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