What “endings” happen when you become an entrepreneur?
Thursday, November 20th, 2008Last night was the Dublin City Enterprise Board’s Link event as part of Enterprise week. A topic for discussion was what do you lose when you start your own business, and what can you do to cope with that.
To kick off the topic we had an animated video based on the bestselling book “Who Moved My Cheese?” by Spencer Johnson and a very insightful talk by Miriam Ahern of Align Management Solutions.
The discussion at my table was all about giving up certainty, security & salary. There were many different ways in which it was phrased, but that was the bottom line. We had a Property Developer, a Coach, a Project Manager, a Taxi Driver, an IT Specialist, A Shoe Maker, an Italian Food Importer and me the Marketing Expert. Each in their own way articulating the same point that “once you start on your own, you are on your own”.
There were lots of examples given such as not having a social network around you, not having defined roles, no salary. Lots of examples of where people were getting something of value from a previous role in life that they gave up to become an entrepreneur.
Being practical types we of course looked for solutions. As some Business Owner mentioned an “ending” they immediately offered something as a defence mechanism. As if denying that weakness are characteristics of humanity. If I may generalise: Entrepreneurs focus on solutions and deny their own falibility! But I digress….
We did list solutions, these were a selection from memory:
Then the more thoughtful people took over, beside the external stuff perhaps we could also look inside? We should always look at what our own mental state of being is before setting any goals. On good mental days we should seek out very stretching goals. Conversely on bad mental days we might deserve a bit more minding rather than punishment!
The discussion was open and free and what I’ve recorded here are the thoughts of 9 Entrepreneurs (or owner managers depending on your definition of Entrepreneur!!) If you found this interesting and would like to join in contact Miriam Ahern the LINK! network manager
For help and assistance with this or for any of your marketing needs, please give me a call. I’m very happy to discuss how we could help you further.
Best wishes
Mike Spratt
www.rapidbusinessgrowth.ie
Phone: +353 1 491 3328